New Orleans daily crescent., 1857-11-23

ws y nSss n s hs bsye nd ensrcs
ali pessIs Il duties herein conferred and
disessss until their
s sssss ssss
time being eiects President Such
sS oa agents. ubeh @ he business require
and from time an and determine their respective sala
nexe 5 sasn ss Psedsn
& q sae y s to
ordinary
ocss and agents. either Of them Is they may
0eke And such shall have power
scribe all such for the Of The Board
III # and sE or % as
majority
Association and he majority e s DissOis % a
fosase q
shall dstsrmned y the b PIesidsnt Diree
eS Ss aiossd Or
sy5 ARTICLE III. -ys-.4 4 "A
s5s
n e s,os q s g hs
s ss1s @ Ssy or sha s
daily printed and publ shed inthe city
s ss Sssp
and may transfer to- depostwth Auditor
. ss,s y @
m Of Ss
kept for the registry and transfer Of the Shares Sf capital
holders recorded transfer be valid shall
Of and aas shall as b E
and taken expressly subject tS all the 6 conditions and
Iia this Association is organized
J. Board Of Directors close the transfer book.
the convenience of the Association may
require but not longer than ten days at any one time
The frs. election Of Directors of the Association
s sa q hs
orleans 5easd TS
ssssns e s psseo: h. be published
two daily newspspsrs printed in sy Of New Orleans
three week for two successive weeks Immediately
SECT s Ali Elections Directors the Association sal
S s
share Of the and ey
for least three months prior to the and tn
P % @ se
appointed shall mot the o Sa
election be held with sixty days after the day herei
SECT s. The Directors thus elected SHALL prac
cable after their election proceed to Srgsn1 and elect
case Of failure or absence from the State
sssasn s ss n
place shall be By the Board of director
The Ss Board q sa
supply any vacancy that in their Board by death
resignation oherwse and the apponte
majority number Of the Board OF Directors for the Tim
being shall hold the place places for the same term that
or persons whose place places he they shall
h appointed, would have held the same.
e ARTICLE W. -.
The President Of the Association for the time benl
shall meeting of The Board of Directors
which shall present. He shall have charge OF the bono
Cashier of all officers of the Association also III
Blank Notes intended for signature until authorized by til
~ Board of Directors to be issued and signed by him.
In of the absence inability of the Presden
any President the Board elect Chan
n President pro with power perform the duties
President until such inability shall cease or until new fres
,s dent shall be appointed. .,,. :, a
10 SECT The Cashier together with the President or Pres
pro be, shall sign all cer,ihcates
the which certificate shall be az
proved by two Directors and no ohlce
by majority number Of the then existing Board of Drec
shall contract any engagement IN b
i. half of the Association.
SECT Minutes kept by the Cashier Of the proceed
ngs of Directors which minutes when approve
by Directors shall be signed by the President
u. ARTICLE VII.
SECT l. The Board of Directors at any time, propos
citation proposition be submitted the vote of th
Stockholders form provided by the Act und
Association organized but there shall never
of capital without the consent of wohirds Of
le Stockholders in amount.
~ ARTICLE VIII.
SECT The seal to be used this Association shall be-
of ARTICLE TX. .... ..
SECT l. liquidation of the affairs of the Association,
shall to three
be elected Directors who shall exerci
and func for the set
i'd ment and liquidation of the je24