New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-06-29

advisable and shall he payable 1. follows follow
y on the Is Is, Of Of s Ansus.
10 10 :: " 1t 1t 81 S Se,SSsi,
. :: Isl Of January isss ',.- 4
70 Is Of February,
Psg@sa Rs HI
@ s
cent "
States Of any saSserSer time shall extended
I s e.
sold provided above such anetoneer the Board Of
shall be- and he authorized and empowered to trans
SECT The Association shall first day Of
October the Of Lord One Thousand Hundred
September Eshtssn Hundred and ssvsny ''' wy
ARTICLE II.
and y business b conducted ~ Board
his s ss sss dc
i.ai stock Of t the Assoeialion
choose and appGn1 ahe following persons oiYit
Join III z 4 'RkoshNhsEEEs W. Nh. t tSS5shs
da 4. N5f2SSs, SHS5 $f + Us, ,.,
to be first Board of Directors Of the Association and they
ss h amy an ss
all and discharge al duties herein conferred and i'm
such dssh.rgs sush until their
SECT s. The hoard Directors hereby appointed and their
shall elect Of their be President
,@s being shall be elect rrssdsa. Such
agents business Association may require
and from time time fix and deterne their respective
move such Presideni Cashier, or other oicer
in their and such ma ory from ms to tms
commit or delegate such power n ordinary oas
their officers and agents or amy Or either Of them they
Yoke And such nsorty shall have power make and
scribe as4ch bylaws for the government Of the Board Of Ri
Association is officers clerks and agents they deem
and not with law with these articles
majority i he plrsc'ors being, shall
and the majority Of be Directors Constituting
h s ess do o
Of majority Of all the nevertheless that
shall be stene Dy he aa frssiden' Dres
tor Cashier, other officer of this Association shall
be allowed count by the Association
ARTICLE ILL.,
SECT The Board Of Directors of the funds of the Asso
declare md pay sueh dviasnds s they deem exei
Stockholders their authorized Attorneys, Of which dividends
shall be published within ten ans ae se"tns the
| of New Orleans.
ARTICLE ".
SECT l. The Board Directors may portions
the funds of the association they deem expedet
may transfer to- deposit Auditor other proper
officer the State Of Louisiana portion Of such
notes which they aH ay fegeys 10 circulate money
be kept for The registry transfer Capital
the Associations and in which the the
be made the books Of The Association and shall be signed by
the Shareholder authorized Attorney and shall be made
tons contained in these Articles and of the law under which
sscr The Board Of Directors close the transfer books
from time to time as the convenience OF the Association
ARTICLE V.
SECT l. The first election Of Directors of Association
One Thousand Eight Hundred and Fifty and thereafter
day year at such time Of the day and at
such place the city New Directors
for tie being, appoint designate The Board
seer j. Notice Of elections Of Directors shall be published in
two daily printed in the city of New Orleans
SECT s. All elections for Directors of the Association shall
be ballot conducted Inspectors Each
shareholder shall be entitled directly by proxy
on each share oil stock OF the Association owned and held by him.
or he IN ms own name or as trustee o. legal representative OF
others Tor AT east three months prior 10 the election and the
stitnie the Board DireetoTs.
SET l. ne iaiire LOT my cause 70 eleet directors on any
cited or apponted shall not dissolve The Association bur
sn se .e GUY 81 e b9ara o. directors 70 notify and cause
| annnintsd " 'N " STAY "''s "'''t iie A"' neie''
SECT g. The Directors tns elected shall as soon as
cable after their election proceed to organize and elect by
case Of failure, or ABSENCE from the State Of LOUISIANA for
three months without leave OF the Board of Director
as provided for by sx Of his Article
supply any vacancy may lard BY DEATH
by majority in number Of lie Board Of Directors for Ike line
| appointed would have held the same :
sn, r,, p...,,..: Ak r , VI;
s e eSsl ct the a a boaS for Of s
which he shall present. He shall have charge of the bopds
Blank signature until authorized by the
Board OF Directors 70 be issued and signed BY him;