New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-03-09

Know W, ALL Io MES, by THESE PRESENTS, That we,
the undersigned subscribers do form and constitute
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Lake he a # asss s BGfn S5sssR Mobile
Ths e q. ito shH be MS s.
snown and e and Be sued rs shall BE- in New or
es1 and ,s .Ss G BE- sp for the
building equppng purchasing low steamboats,
t k. ssf aRs lie o
CO. and the rna "G O wmS', hf Ss have President IN whom
Art g. The the said Company shall the
Ninety Thousand Dollars Divided into Eighteen Hun
ared equal Shares of Fifty Dollars each Fifteen Dollars shall
Of DIRECTORS Of the Ten poSss in one m" there
there for each and every Share Stock
AT the time Of making the first payment the subscribers shall
their for the other payments payable the
the Company shall or4ae and elect Directors and the bal
ance Of the stock may be at any Tine subscribed BY NE con
Art l. Three Directors shall be elected Annually on the first
Monday of December, each by ballot The three stock
holders having the grepest number Of votes shall be the D
Of their number President who shall serve one year The rst
election shall he this Charter legally perfected and
the Directors and President then eieetci shall until the
regular election ensuing;
aforesaid the President and Directors In Office shall hold
over until new election is held which can be ut any time
deposited in the postoee in n Orleans addressed the
BE- sed % 'f notices
In Of the death Of DtrSeo5 the vacancy can be filed Of
Art That the expiration of the twenty five years for
twohls the Stockholders majority shall
quire the shall be iiqaidaed and majority Of the
possession Of all the property and effects of the Company sell
payment of the expenses OF the liquidation and The debts Of
Company divide the funds pro rata among the soekholders,
the said general qudaor is hereby charged with The
A The said corporation shall have seal Of Office which
shall aXsd to al c2ntraf except Tor the expenses Of stores
grayed with the name Of the Company the figure Of
T. That the Stockholders general meeting shall pass
such they may deem for the PROPER prose
shall nor be sHSspI a. meeting Of the Company
Arts Tie President Directors shall be, and they
hereby authorized to contract for the construction of steam
all necessary that end and for her equipment
nshed to lie builders for snh money Sa be DUE them
convey the boat finished and equipped
entirely paid and authorize trustees in case Of default il
@ 'S oa 81 o al @ he .n f
bout shall during the time of continuance of the credit
she Intended and % be And that the said Dree
bort 10 sn Who sa have he a ss reject
nominee but TO appoint either the captain or CLERK them
One Of said les shall be seets BY tho Director
Asr P"y@ the $ boa s eaTnns unit
the credit portion Of her price is paid shall be applied III
thar credit the d Directors shall be authorized renew
a Snds he 5a to sr o al
necessary funds pay the debt the builders.
amount due the builders others whom the credit
s By Of ID Ges5 % o as s %
which notes bonds shall be signed by the President nnde
The Board Of Directors Shall appoint for said boat
who shall act as Sc ret The compa keep all e
statement of the receipts and disbursements which shall
December Of each year And year least tier
any s Mh ;gp p BE- hand to ys 9 Of he profits
The President shall under The control Of the Directors hay
the Of MI debts the employment Of the captain
officers and and do all things for the succeSsf
g. That any they deem necessary, any five
he soGkn"luefs can he[e General meeting Of Ahosi
weeks notice through the New Orleans Post Office
respective places residence stating the which the
have gaed The same These notices must be signed BY Il,
the Stockholders can investigate all the affairs of the Company
dent Directors either Of them, elect others in the
place places for his their unexped
Art H. When any instrument Stock subscribed not pal
the amount amounts or, option, af'e giving hi
two weeks notice of the served personally on him
forfeited. well as the he may have paid his Stool
eced Of aii def"ng SocEboIer or o.cTbe on The
tnnof execution no property found by The Sheriff. The
Art H. The agent and Secretary shall keep at the Office
@ % f s9s 9S ant s" s @Gr the 9s a
held by each stoe&holdgr and The par value OF me same III
tie Certificate and lie Written transfer Of the Stockholer NJ
every trsfcree Stock snail be liable the respon.
, bity as the oSgira Stakeholder, and none other
We the nsrso the S,ogfhold s in and MeE
theamounts opposite our respective names
THE UNDERSIGNED, Recorder of Mortgages in ii
Parish and City Of New Orleans csrtifss that the tcrego
Charter this day recorded in Book, Sec g. FooS ~
''- '''' '''' ','' EMILE Witt Recorder.
Seal. 'I''''' '''' ~ de5 % ia5l22 re9
STEAM EscINE-AA sEGoND,HANp SIX FEE