New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-08-27

CHARTER OF THE "cREsCENT CTTY BAYK,, a
NEW ORLEANS.

j. o. NIXON.
CHARTER OF THE "cREscENT CITY BAyK,, NJ
NEW ORLEANS
Es sASR Of the Association shall
ART q The shall be located and It's legal domci is
Arr s. obee, Of Association carry the bnsi
Of Banking BY receiving SsPosi: buying and selling
and e Ss sS
edsnai privileges hereafter
The s9sf a
~
shall be payable cash at the time Of to these ar
ss ey per- monthly per-
sn q 9s M dg B
1snse neglect to pay m her or their
from nsy n
msn s d ss @ the s s #
causing share which any
due to be ,o public auction after days
This a. I M Or shall bust
dred and fifty and terminate and the hrtie
day R % En- hundred and IS
With Pelican feeding her young, the words Crescen, City
ART. The Of the shareholders, residences and
the Of held st y each
after be made on the books Of the Association.
RESIDENCE. NO. OF SHARES,
ART These Articles of Association may be modified or
as 81
p
The privilege Of taking additional shares stock proportion
aon a m may be disposed the Directors for the
sh s1 BE- Sa, Vested in
hold in his right least twenty Ave the
stock of said association
hereby constituted the Board Of Directors
BY be elected Is provided in
5Iihsnny. 1ssyass;i + yesrsissJ Il B9SIsy " Z
sG s1S sasa aen$ay one
thirteen Directors By The Once
he tic which s s0n 10 no s of at
s to e the
week
arr 1RT b. pnrsty votes shall be elect Direct
sa s e vote s s s al
the Board and in case Of his absence or inability to act
shall 70. the time being exercise the full Of the Presi
By tie Board the
holders Directors least week prior any
and and OarehsHs sseSsnss
o the aa S of the s shall be
| be valid corporate act
s6d TX the s an
officers and employees of the Association regulate TIL
positions subject the will of they shall
point agents within 4nd Under eondtc
St tei Boai wRie
absence for sixty consecutive days leave any Drec
tor not holding the required number Of shares
the profits the sai III after 1ah The
| asst eym
| newspapers in this city
shall be opened and kept subject the restrictions i
k s By S e @
which the Directors close but for periot
nsp e ea o. The Directors also
their officers committees of body such pow
ART Is No certificates Of stock shall be issued until the full
10 The Board of Director, purchase for the
any evidences Of debt TINT they may lawfully hold
Public Accounts security for the payment of notes issued
ART 20 failure from to elect Directors da
mar for THAT o S ss orss n ss
held q which notice shall forthwith be given provided
ART 81 Each shareholder ali meetings the election
9f q" be b ID m e
the offering to vote shall have owned hi
incapable by law who at the period election Of Drcto
ii eS s sGe h G sn
meeting of stockholders.
o. No partners shall be eligible at the time
Directors Of the Association; shaa Director of o
Bank Or his partner be Director in this Company
3D. Minutes of all the proceedings Of the Board of Dire
shall be kept Cashier and verified by the Presden
the President and Cashier shall sign all certificate
and evidences of debts of the
ART "a The Board Of Directors accept professionally
privileges conferred this Association by
of the law under which the sames formed by the ado
of the Legislature but the final
privilege shall be submitted the sockhoIde
for approval in the manner provided BY law.
The affairs of this Association shall be quidated
Commissioners appointed by the stockholders
convened for that purpose after the delay and in the
be solvent residents of this city the
socation their of office shall be assigned all
power shall be conferred them; the power for liquidation sha
be fixed we'll their compensation, in such II
stockholders by resolutions in general meeting
determine. jel3