New Orleans daily crescent., 1857-12-11


equal to six hundred thousand dollars 5000 900
a ARTICLE VI.
This corporation shall Commences operations Immediately at
nue the full end and term Of twenty consecutive years
ARTICLE VII.
k.r a dss M S the be n
new ensfcns seal James R'00
4gs asf@ ARTICLE VIII. s5s s3sRs
The capital stock Of the corporation may hereafter be
creased to not exceeding million Eve hundred
a e sa
sr b. s duly ,o s 1 81 e hs shall
leans within which shah have .hs priyi
y isn %s
be sold BY tho Board Of Directors less than for the
ARTICLE *.
powers Of the Cooperation shall be vested in Board Of
Drecrs consisting Of three each of shall
as a % Of .s sa eh
apply appointed this charter which may
be composed Of any three citizens Of this State
ARTICLE Y.
the Monday January one thousand eight hun
sa and s Ss and ID AM %annna for
plurality Of votes then and there shall previous
iSs salS shall be given in
ARTICLE XII Y
% Sssn y 5 s
seded by the Board be elected the Monday
ay s,sh'iS FhSf% fSns.s3 4 %oob bby.n'e os's viz
THOMAS ALLEN CLARK.
ARTICLE XII
Of The e D,scsss s
d I M @ be to s o a" at psfS I sa s hs
being have and exercise M @ the FIJI q the President The
elect the President
The number of Directors for dscounpg
drafts and purchasing bills Of exchange be determined
BY majority Of Directors shall be rs
gnred form % and the decision OF majority of said
ARTICLE XIV.
The Board of Directors shall full power bylaws
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interest and order of The business the Corporation may
poyees Cooperation to regulate their duties as the
Of their salaries and Of the security given BY
held subject the will Of the board
humber vsesSsies % g declared
in Of the death regna on want Of the requisite
tive days Of any DrsetGr they appoint this
them shall seem proper
ARTICLE XIV.
a % ss .as s psE all M the m M Of
Justify IT. declare and such dividends deem
shall be published in two in city of New
leans
Books for the registry and transfer of the shares the CAPT
tai stock shall be kept and subject such restrictions the
bylaws may direct
ARTICLE XVII.
Every transfer share capital
the books Of the Corporation shall signed BY the
stakeholder or his attorney.
may Transfer Book as often
convenience require but for longer period
ARTICLE XIX.
The Board Directors purchase for the Corporation any
to the Auditor or s ana ohe
b to or sy Of If ad
| REGULATION to be issued by the Corporation.
| AKTICLE Xxx.
The failure from any on the day when
such election should have been held
ded Az usual notice Be Immediately given apponng
day. which notice shall continue to be given time
| uni the election shall have been made.
| ARTICLE XXI.
vote n eas ssrs sa o ss M or
| on any matter and all elections for Directors
| ARTICLE XXI.
Every election of Directors of Corporation shall be by
ballot and conducted by three inspectors appointed
| ARTICLE XIII.
If any future eee for Directors the majority Of all the
Directors from three TO number not exceeding five, they
| ARTICLE XXIv.
majority Of all the Directors elected may accept provision
5 and ina G s e. that
act under which i, is formed
adoption and nc Of such dosa privilege
| ARTICLE XIV.
The President and Cashier shall sign all contracts
Of deposit checks and bills of exchange shall be
| ARTICLE XVI.
Minutes of all proceedings Directors shall be
| kept by the Cashier and certified by the President.
| ARTICLE XVII.
The liquidation OF the affairs of the Corporation shall be made
oy three Commissioners elected by the stockholders
ing convened for that after three months previous
notice two newspapers published in the city Of New Orleans
each of said Commissioners shall he citizen the State and
not indebted to the Cooperation and such meeting Stock
holders cede such Commissioners all
to the liquidation of the affairs of the Corporation fix their
term of office and the their compensation limit the
period for liquidation; define their duties and the
which said Commissioners may be removed and their term
| office renewed.
Thus done and passed in office, at the city of New Or
leans, in the Of Meseurs Octave Kernon and AL
bert Leblanc Witnesses of lawful doiciatd in this city
who eeunto subscribe their together with the parties
and me- Notary this seventeenth day of November in
year thousand eight hundred and fifty
| Original signed: - =
| Per Pro JAMES ROBB, P. N. WooD.
p. N WOOD,
A. D. KELLY,
w. cox,
And others.
| n ErPS