New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-02-03

Walter Cox. .......New OTleans....... 90 900
all Thousand shares, hundred dollars each
equal to six hundred thousand dollars 100000
ARTICLE VI.
This corporation shall Commence operations Immediately at
nue to the full end and term of twenty consecutive years
thereafter,
The the Corporation shall be gron supporting
key 9 his dexter he inscripo Bank Of james Robb,
ARTICLE VIII.
The capital stock Of the corporation may hersster be IN
thousand dollars, tsay sl5OOOO divided into shares Of
hundred dollars each and whenever any such increase shall
Be given 10 tTG GeS.9aPe5s pabhsd in the sy Of New or
eg Of taking additional shares in proportion TO the amount Of
their stock shares not taken the expiration Of SAID time may
be sold by the Board Of Directors at not less than for the
benefit Of the corporation
All powers Of the Corpo alton s. all be vested in Board OF
Direct consisting ofhree each q WHOM shall at all
hDS n ' Of own @a Th II b
apply the first Board appointed in this charter which
be composed of three citizens Of this State
ARTICLE X.
onthe second Monday in January, thousand eight HIM
shall be held the basing Of The Corporation
plurality Of votes then and there given shall elect previous
newspapers published in New Orleans.
ARTICLE xI.
The following named persons have been duly elected and
h On s as S boa q d5 rs to oS ap
AIRY, eights. \ hundred aud ffty-nne, us59) viz:
THOMAS ALLEN CLARK.
The Of Directors shall meeting
Of their members be President of the Corporation whose
Ills inability the Directors may
their number President pro tenn, Vho shall Tor the time
vote Of majority of the whole Board shall be
ARTICLE XIII.
The number Of Directors necessary for discountng notes and
by the BY Of dc CORPORATION but fo ih Tasscon of aGy
ober business by the Board majority Of Directors shall be
quorum shall be valid as a cor porate
ARTICLE XIV.
The Board oil Directors snail nave in power 10 make bylaws
and and ne same to alter % cnd the
poyees Of the Corporation 10 regulate their duties fix the
gc S 5 bS snis Go 10 e al % Vii If i BorS
ne BSS baI & have power 10 eli any vacancy bat NAV
their number and said vacancies may be declared
number o. shares absence without leave sixty
State thereof under such conditions aad restrictions
ARTICLE XIV.
The Board of Directors paying all the expenses of the
Corporation shall in each the profits of the bust
eSpsien out Of said surplus Profits and notice q he
shall be published in two newspapers in the city Of New Or
ARTICLE XVI.
the registry and transfer the shares Of the capt
tai stock shall be kept and subject TO such restrictions the
ARTICLE XVII.
Every of any shares Of capital stock shall be
made the books Of the Cooperation and shall signed by the
The Board of Directors may close the Transfer Book as often
convenience may require but for no longer period than ten
ARTICLE XIX.
The Board Of Directors purchase for the Corporation
they may hold by law and
pledge the Audit Of Public Accounts any ether proper
officer oil the state Of loesaa All or any portion OF SAID ey
denees Of debt aathorzd 10 secure the payment OF notes OF
ARTICLE Xxx.
The failure from any cause 70 elect Directors on The day when
portion but the Directors then ia Office shall hold over pro-
ded tho notice be Immediately given appointing another
until the election shall have been made
ARTICLE XXI.
Each Shareholder shall be entitled directly by proxy
one y9e each ana P ees far l eyE OF
ARTICLE xxi.
Every election Of Directors Of This Corporation shall be by
ballot and conducted by three inspectors be appointed by the
ARTICLE XIII.
II any elect Directors the majority Of all the
Stockholders should deem expeent increase the number OF
Directors from three to any number not exceeding Eve, they
may do SO by vote at such election
ARTICLE XIV.
majority of all the Directors elected may accept provision
@ 9S Rs Rs By 5 the
act under which IL formed OF o any new act or
adoption and acceptance OF such additional power or privilege
ARTIcLEx XIV.
The President Cashier shall sign all contracts
certificates of stock Of the Corporation and the sgnaprt TO
certificates Of deposit checks and bills Oh exchange shall be
ARTICLE XVI.
eT % b Of sH s 81 sha
ARTICLE XVII.
The liquidation Of the affairs Of the CO. poaion shall be made
Commissioners elected by the ekboler
iog for hat purpose after three months previous
notice in published in the city Of New Orleans
shall citizen of the State
indebted Coz poraon and at such meeting, Stock
holders eede such Co all
liquidation of the affairs Of the Corporation may fix their
Of office and the OF their compensation limit the
period liquidation define their duties and the
which said Commissioners be removed and their
office renewed.
Thus done and passed my office, the city of New Or
leans the of Meseurs Octave L. ketnon and Al
Leblanc, witnesses of lawful age, doicatd in this city
who hereuno subscribe their together wh the parties
Notary this seventeenth day of November in
year Lord thousand eight hundred and fifty
Per Pro JAMES ROBB P. N. WooD.
p. N WOOD,
A. ID. KELLY,
W. COX,
And others.