New Orleans daily crescent., 1857-12-15

n each
equal to six hundred thousand dollars. $500 900
f-f-lgf ARTICLE VI
This corporation shall Commence operations immediately at
and from the date OF and shall endure and
nue the full end and term Of twenty consecutive years
thereafter.
e. s @ be % o.
New Orleans" ehcIcns the seal - AA u '"'s' '''
ARTICLE VIII.
The capital stock Of the corporaos may hereafter be in
housand dollars Gay divided into shares a of one
eIee saan e
be within G .s m % New
lege Of taking additional shares in proportion the
y Board Directors At net less than par for ths
benefit Of the corporation. 7F--7I'% IL
Direct consisting ofihree persons each whom SHALL
af * sas s sss ssnsoa
be composed Of any three persons citizens Of this State
ARTICLE K. &
the SECOND Monday January thousand eight hun
held banking house Of the Corporation
plurality Of votes then and there given shall elect previous
newspapers published in New Orleans. Ts47fT
ARTICLE XII.
shall compose the r Board Of Directors serve until
seded by the Board to be elected the Monday Of
stgh'ssa hRnsrsd nd "a nine ds5S y
THoMls ALLEN CLARK.
ARTICLE XII.
President Of the Corporation, whose
duty % Y it shall be .. all meetings of the
their number President pro tenn who shall for the time
IL &
elect the President ~
ARTICLE XIII. Ee5g,g ,egEI
drafts and purchasing bills Of exchange may determined
By Of of Dreetos sh"
qnired to form quorum and the decision of majority said
quorum shall be valid as q porate act.
ARTICLE XIV
The Board Of Directors shall have full to make
and esulaoDs and the to alter amend
interest and order Of the business the Corporation may
AMOUNTS Of their salaries and Of the security be
Be- and subject At the viii Of the Board
said g
in y Of the death re.gns. want Of requisite
tive days Of any Dreet9 they appoint within this
ARTICLE XIV.
The Board Of Directors after paying al the expenses Of the
ness Justify IL declare and such dividends they may
be published in the city Of New Or
leans ' HT-
Books for the registry and transfer of the shares of the cap
tai stock shall be kept and subject to such restrictions
ARTICLE XVII.
Every transfer of share shares of capital shall
shareholder Or his attorney. :
as require but for no longer period than
The Board 81 may the Corporation
pe e aHt ss 5 By % and
SSsr OF Of de s state m all or m any portion Of said sy
REGULATION to be issued by the Corporation. ''N -
ARTICLE Xxx.
failure from elect Directors the
such election should have held shall not dissolve the Cor
poraton but the Directors then in shall hold over pro.
day. which notice shall continue be given time to time
un il the election shall have been mate.
ARTICLE XXI.
eacR hs % ss at o y
any and all elections for Directors
ARTICLE xxi. -......
Every election of Directors of this Corporation shall be y
ballot conducted three inspectors to appointed By the
t.g. .. ARTICLE XIII. e. gsy- r.
If at any future elec for Directors the majority of all the
Directors from three any number exceeding five they
may do SO by vote at such election.
. ARTICLE XIV.
ally or pses a
conferred the Corporation either by amendment under the
amend these p aSs but hs na
or amendment shall be by vote OF Stockholders in the
provided by law.
ARTICLE XIV.
The President and Cashier shall sign all contracts notes and
certificates Of deposit checks bills Of exchange shall be
ARTICLE XVI. av
en v G Of al 3 Ct h BoaT I Of Directors shall be
ARTICLE XVII. ..
The liquidation of the affairs of the Corporation shall
by three Commissioners elected by the ckhodes meet
ing convened for that purpose after three months previous
notice in two published in the city of New Orleans
each Of said shall be citizen of the State and
not indebted to the Cooperation and such meeting Stock
holders cede to such Co mssoners all
to the liquidation of the affairs Of the Corporation may fix their
term of Office and the of their compensation
period for liquidation; define their duties and the
which said Commissioners be removed and their of
office renewed.
Thus done and passed n office, at the city of New Or
leans IN the presence of Meser Octave Kernon and Al
who hereuno subscribe their together with the parties
and me- Notary this seventeenth day Of November in
year of our Lord thousand eight hundred and
Original signed
Per Pro JAMES ROBB, P. N. wooD.
p. N. WOOD,
A. d. KELLY,
W. COX, ...
And others.
O. I. KERNIoY,