New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-07-04
j. Y. PERSON, !
b. p. VOORHEES,, I
j, II. DUDLEY, [
j. o. NIXON. J


CHARTER OF THE - ChESCkNT tlf1 NAM oF
NEW ORLEANS
hs IN D' a
h.sa r. hey II. sSs
red and snes SSion and S
a on SsS
and privileges are now or may hereafter DO
Asr l. Ths Capital said Association hereby ysa
81 Ss &
ess the ars q October next and the re.
e %ns ss I ss
cember January and February next Should subscriber
s sss the
rate Of est 1 W shall BE added
his her their n;ts sI n, In
men the board Directors themselves the right Of
causing share or SHARES which any may be
p previous iS Ss notice thereof By m
ness operations on the day next eighteen hun
ttyse ermin tie and the hirtieth
aRr g. The device Of the Association shall be Crescent
with Pelican feeding her young, the words Crescent City
ART The Of the shareholders, their residences and
to BE- as Follows to such
after be made the books Of the Association.
NAMES RESIDENCE NO. OF SHARES.
ART These Articles Of Association may be modified Q.
millions dollars the PROVIDED BY
crease capital duly a,horlssd six ,sys
e esss s
s o 1 h s oes % shares not ss0
praon Of tina, time may be By the for the
the aP h I'll
Board Of M consisting e sars Shl
stock of said association. u,
are hereby constituted Of
Il IS I'D By eSssn e. BE sa a s
Ilihenny j. Isbonisssi d F. voerhes J. H Dudley e.
AsT e? On he , Monday January eight
thirteen Directors BY The stoefhoiers shall be held
ANT L. the brsslors espedien reduce The
which must be offered least previous voting
ART. is plurality Of votes shall be sufficient elect Direct,
one Of Their humber for President of the association who shall
a M Susy g Ct s a pt s at hS mss
the Board and in Of his absence inability to ae The
shall the being exercise full powers The Presi:
sn All b Es pIds e the h
holders Directors at least week prior election
drafts and purchasing bills of exchange shall be de
tenined BY the bylaws majority ot the Board Shall be me-
Is The of empowered make by
oer officers and employees of the Association regulate the
hold their positions siec, the will of the Board they shall
Whenever interest corporation requires; may
point agents within and without this State npder such conditions
's II sSG fsst es
absence far sixty consecutive days Without leave any Direc
tor not holding the required number Of shares .
the profits Of the Association Justify it, after paving the tTpese'
the sao IND pay inch n"e OF one o
newspapers IN ms city. ,.,r,,
al stock shall opened and kept subject the restrictions d
s T the snS s Of m 5 be %s , S
which books the Directors close but for lot period
fsP req y T H bseo sg also Sas
their officers committees of body such
they may think proper aud expedient
ARE 49, No certificates of stock shall be issued until the full
10 The Board of Directors may purchase for the
poraoh evidences of debt that they lawfully hold
Public Accounts secny for the Of issued by
81 q o@ suS ea to ess eo on
a sa min
held which notice shall forthwith given provided in
ART H. Each shareholder at ali meetings for the election
Directors or other purposes shall be entitled directly o. by
the offering shall have owned his
hsr a n hss o to and I Gg and
incapable by law who the period of such election of Directors
the city New Orleans shall vote BY proxy and provided
rhs tina, no shall vote his own 81 BY
meeting of stockholders,
Directors Of the Associations sha Director any other
Bank, or his partner, be Director in this Company.
Art 2 Minutes Of all proceedings Board Of Direc
shall be kept by Cashier verified the President
and the President and Cashier shall sign all certificates
Of stock contracts and evidences Of debts of corporation
Besd DiG'ot nay pPvonay
of the law under which the the adop
ton of act of the Legislature but the final acceptance
OF such power privilege shall be submitted 10 the stockholders
for approval in the manner provided by law.
ART 25 The affairs Of this Association shall be quidaed BY
three Commissioners appointed by the stockholders, meet
convened for that purpose after the delay and
adopted for the election of Directors Said 1uaors
be solvent residents of this city, indebted
socaton their Of Office shall be assigned all
power shall be conferred in them the for liquidation shall
be fixed well their compensation in such
stockholders by resolutions in general meeting
determine. Is is % d %
IL AND MARINE INSURANCE,
No. 4S Camp street, New Orleans.
LIFE,