New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-08-31

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And should any subscriber neglect Or refuse for thirty days
after the spscsd times Of payment his he, or their
Which thsy shall be s9d public aHson ssss
nSss the and e 9 Nsw
@ ds he ms fsm s ."f sss
however, that in of the death from the United
osh subject s aforesaid s ' Of eight per cent
By @
Directors shall may appoint And the Cashier Of the Bank
er n ~ II 10
SECT l. Association the day of
and Fifty Seven and shall terminate Thftieh day Of
September Eighteen Hundred and Seventy seven
ARTICLE H.
SGT All the powers Of Assec h shall be exercised
sist tot each Of whom shall and hold at all
SECT : The andersisned Associates hereby unanimously
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G I. y N q kniisS6S T Il 4 ff A. nsa1L
to be the m Board of Directors of the Association and they
b amy a ss be
III and % all duties herein conferred and i'm
powers discharge duties until their Success
sssr re sssta hsrsby appointed and their
shall elect of their number President
time being shall necessary President Such ma.
ss
10 time ana determine their
from Pssdsn ta.hs Cher ' o 'S
esin their stead and such majority may from time to time
ASSOCIATION committees Of her bodS and US to
5 a? dp or sss of
s al. And snS shall hal have 70 make and
for The regulation copdasing the business Of the
and such to aist suspend or repeal at pleasure
BE ,1S * for 'hs n ss Of he
shall decide upon subjects which do not under The
2 SECTION number require the concurrence
the number of necessary granting
Gs on S hs ss q enf so
ever be allowed any loan or diocounby the Association
ARTICLE III.
SFcF The Board G Directors out Of the funds of the Asso
y s as 1Ra they 5 e IL a
md lawful out the surplus profits business to the
ha published days alter s dee HfTs the
sane in two daily newspapers printed and publ shed the city
ARTICLE ".
SECT The board OF Directors invest such portions of
sGeh property effects the Association lawfully
ana may transfer TO- or deposit with the Auditor other proper
officer o. the State Of Louisiana Of such property
which they ieqsve MONEY
S E Ssv R Dir ha cause suitable books
stock Of the Association and in which the
books Association md shall be sgaed BY
and Sen expIe spies to i'SSse ina shall be made
,y contained IN these articles and of the law under which
5 The Directors may close the transfer books
require but longer than days any one time mag
ARTICLE V.
a r Pc held O F 9s SeS9d Monday
Place in city Sew "s as the oad S Hs sG
ssss ss% designate l1s BOARD
daily newspapers printed in the city New Orleans at
, three lines week for two successive weeks Immediately
An elections for Directors Of Association shall
,esHol4et shall BE- entitled directly BY proxy Vote
each h%Fs Of the and held HIM
or for at least three months prior to the election and the
stnte the Board Of Directors.
day weeon such election should he had or held as herein i'm s
cited appointed shall not dissolve the Association but it
sah election to be held within sixty days after the herein
SECT 8 The Directors thus elected shall prscts
5 n f PRESIDENT Of he na fss ~
ce Of failure or absence from the State of Louisiana for
the Ass9eieton he shall thereby bis place such D
o Rses c s' h A BY s6s Board Of
seer The Board Of Directors shall have power by ballot
StfsTSss sppoinsd
Gg shall hold place places same term that the
person or IN whose place or places he or they shall be
ARTICLE VI.
SECT The President of The Association for the time being
whshhe sha be present He shall have charge Of bonds
blank Notes intended for signature until authorized by the
Board of Directors 10 be issued and signed by him.
In OF the absence the President
from to President the Board may
President with power perform
President until such inability shall cease until
dent shall be appointed.
SECT. g. The Cashier together with the President Pres
dent tenn the be, shall sign all certificates of
stock ued by the Association: which certificate shall APP
proved and coutersing by Directors and officer
Director Stakeholder unless specially authorized
by majority in number of the then existing Board of Direct
shall under etence any engagement in be
halt of the Association.
SECT Minutes shall be kept by the Cashier of the proceed
ng the board OF Directors which minutes, when approved
blythe Board of Directors shall be ned by the President
ARTICLE VII
SECT l. The Board of Directors may time, propose
modification alteration addition in the Articles
citation; such proposition be submitted
Stockholders in and form provided the
which the Association is organized hut there shall
increase of capital without wohirds the
y Stockholders amount.
ARTICLE VIII.
SECT The seal to be used this Association shall be-
ARTICLE TX.
SECT L. The liquidation of affairs of the Association
cstoi dissolution, shall beenlsted three Commissioners
beGleced by he last Board of Directors who shall
| nler anu liquidation of the affairs OF the je24
NOTICE-FROMAN AND AFTER THIS DATE, Mr.. FIRE
~ DERIG THOMAS becomes The style of thu