New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-06-29
CHARTER OF THE "CRESCENT CITY BANRp OF
NEW ORLEANS.

CHARTER OF THE "CREsCENT CITY BANKp OF
NEW ORLEANS.
Th Ey Of the Association shall be
Art . The same shall be located and its legal donc is
hzsd in GIG Fly e nav Orleans !. J., ~, u.,
na .x sos sn & II end s
SU aoa real and personal Security scoun"s bills notes
and evidences Of debt and generally exercise such in
ARE Tie Capital Stock of said Association hereby fixed
the prescribed by - thousand
p. s1s y FIT
s s pf mohy
payable respectively on the first days Of November De
esss pay panc sf
@ 5 n .si The per a"a Sss thereof thereon
from maturity I'LL payment and if any subscriber snberi
& the s Of q ~
the po s Of s"sss e" % a"y h %
be sold at public auction or otherwise, after ten days
ART & This Association Corporation shall
the Of October s next eighteen HIM
day Of s En- hundred and .s Is
With Pelican feeding her yonns tile words City
Art / Of the shareholders, their residences and
s After be made on The q the Association
NAMES. RESIDENCE. NO. OF SHARES
and the capital sosk may be Inc to sn not
with the Obtained Of the in general
capital shall duly autlorissd
s e 4 M shall Il X @ Ss sSs a hs
privilege of taking additional shares Of stock in proportion
S s na s s m q hs @
Of s Association bS at LESS than par yaas n
Boar, LETT q to- consisting each " ON
10 The following named shall and
pf
sape,ssdsd hy thss Be elected provided
Tompkips 9 Nisop il + fonsdaie, Thomas Murray, wal
ART, H. the Monday Of January, one thousand eight
hr,een bscios Be Rsla
Il the Sspsdnt to reduce the
fs"
thereon and least thirty prior to the annual election
ARR is plurality q shall be sufficient Direct
President 81 he association, shall
be elected BY vote Of the majority Of H. whole Board
The Board and of his absence inability ac
shall for the time being exercise he full Of The pres
dent All elections snail By ballot The superintendent
holders not Directors prior 70 any election
drafts and purchasing bills Of exchange shall
ernined by the by laws majority Of the Board shall be
cessary 70 form and decision Of such majority shall
ART is TIE Board Of Directors are empowered to make by
other officers md employees Of the Association regulate the
hold positions subject will Board they shall
hs su any [a 3
point agents within and without This State nder such
s 'sS
ABSENCE sixty consecutive days Withoa leave any Diree
tor not holding 70, the required number Of shares
The Profits OF M as s n se sa =
they may deem proper after giving notice in one or more
;{on.s oar
it'll stock shall be opened and kept subject the restrictions d.
said books aud signed by the stakeholder or lis attorney and
which books the Directors may close but for ger period
surs The ss beeo g or dEn 70
ers hey may link proper rS aud d. sspeen S O4'
AIT IS Noefrtidcates stock shall be issued full
AIT y The es q e. s pqss9';s Gs e
transfer the Of the same the Andi'or
a i Ho M 70" e Of notes Issued BY
Ant 20 failure from any elect Directors
the Directors then Office shall hold over until another election
held Of which notice shall forthwith given provided in
81 Esc sh"reSoder al for the election
proxy share stock held BY him. provided
the person or persons Offering to vote shall have owned his
provided That persons cassed as
o. meeting q soekoders shall in or within ten miles Of
The city S New Orleans shall vote by md provided
over ye votes at any such election for Directors
ART q No two partners shall be eligible at the same time as
Directors OF the Association Ssa Director any other
Bank or his partner, be a Director IN this Company
ART % Minutes of all the proceedings of
tors shall be kept by Cashier verified by the President:
and the President and Cashier shall notes certificates
OF stock contracts and evidences of debts of the corporation
ART "a The board OF Directors Professionally any
power privileges conferred this
ent Of the law under which the formed The alop
ton OF any new act Of the Legislature but acceptance
such power privilege shall be submitted
| Tor approval In the provided by law
ART Is The affairs Of this Association shall liauiiaed v
three appointed by the stockholders meet
ing convened for that after the delay
ner adopted for the election Of Directors Said qniaors shall
be solvent residents of this city, the AS
ISOLATION their of office shall assigned all necessary
shall be conferred in them; the power liquidation shall
be nXe well their compensation manner the
may by resolutions general meeting
determine jel3 Is IS % 26 20