New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-01-13

Judah p Benjamin. New Orleans ~ r %S
E MSsT Cox. Bradford New New Orleans % 5000
Tn all six Thousand shares hundred dollars each
equal to six hundred thousand dollars
nat sbnl Commence operations Immediately at
and from The date Of these sssy eonsecuSs
thereafter.
Thu dvce of the Corporation shall be grfon supporting
kew in his dexter paw the inscription Bank oil James hoop
New orlesns,'' encircng the seal.
The capita stock corporation may hereafter be in
creased any not exceeding one Sion hSe hundred
hundred dollars each whenever any such increase shall
duly authorized sixty days notice 81 The zane sas
Ias and within which time shall have the prvi
isss Of taking moi asen the n said
be sold by the Directors at not less than par for the
ssnent Of the corporation.
Apowe Of Corpo alton stall be vested in Board q
times hold in his and right at least Twenty
be composed any three PERSONS citizens OF this State
ARTICLE X
second Monday in January one thousand eight hun.
dred and and annually thereafter an election Tor D
held at the banking house q hs
notice at days q said election shah be given in two
ARTICLE XII
The following named persons been duly elected and
sd SV he Board 70 be elected on The Monday
airy, eighteen hundred and fifty nine, Qs'9D viz;
WALTER cox
THOMAS ALLEN CLARK.
ARTICLE XII.
The Board Directors shall their first meeting elect one
O. Their members to s M Il ss e IN Bo"rS N
his inability to act the Directors may elect from
sfr and eKsre the Of Inc President The
vote Of majority whole Board shall be to
ARTICLE XIII.
The number Directors necessary for dscounng notes ID
by the by laws Corporation but for the transaction Of
o6er business by the Board ma 81 o ~ sS IF r.
quorum shall be valid as a COZ por"ie act.
ARTICLE XIV.
The Board Directors shall have full TO make by
regulations and the same TO alter Or emend whenever the
quire appoint the Cashier and all other officers and en-
poyees Of the Cooperation to rgnia,s their duties TX me
each officer respect ey and all appointments and oees shall
ne Hoard shall also have power any vacancy that may
occur in their number said vacancies be declare
In death Of the requisite
number Of shares absenee without leave for sixty
tive days any Director they appoint agents within this
thereof under such conditions AID restrictions as to
ARTICLE XIV.
Board Of Directors aer paying all the expenses Of the
Corporation shall twice in each the profits OF the ous
expeden out Of said surplus profits and notice OF the
shall be published in two newspapers in the city Of New Or
ARTICLE XVI.
Books the registry and transfer Of the shares Of Che capt
shall be kept and subject 10 such restrictions as the
bylaws may direct.
Every transfer Of any Of capital stock shall be
made the books Of the Corporation and shall by the
shareholder or his attorney.
ARTICLE XVIII
The Board Directors may close the Transfer Book often
convenience require but for no longer period than Ten
ARTICLE XIX.
ness ~ dst that tbey may hold by law and transfer on
pledge 10 the Public Accounts other proper
depee q debt authorised to secure the payment
REGULATION to be issued by the Corporation.
ARTICLE TX.
The failure from any elect Directors the day when
such election shond have been held shall not dss9ys The Cor
poraton but the Directors then in ONCE shall bold over pro
ded the usual notice be immediately given appointing
uni the election shall have been made
ARTICLE XXI.
Each shareholder shall be entitled directly proxy 70
share Of stock all meetings OF Stockholders
% any matter and at all elections for Directors
ARTICLE xxi.
Every election of Directors Of this Corporation shall
ballot conducted by three inspectors be appointed by the
Board.
If any future eec for Directors the majority Of al hs
Directors any number exceeding Eve they
may by at such election.
ARTICLE XIV.
majority Of all the elected may accept provision
ally additional power Or privilege that may hereafter 6e
act under which formed or By any new act q & s
adoption and acceptance additional privilege
amendment shall be by of ockhoders in the man
Ber provided by law. -
The President and Cashier shall sign all contracts notes and
esress OF stock 9t s onS b s1a ane bs b
regulated by the bylaws
ARTICLE XVI.
of all proceedings Of the Board OF recto's shall b.
kept by the Cashier and certified by the President
ARTICLE XVII.
The liquidation Of the ars Of the Corporation shall be mad
by Commissioners elected the stockholders at meet
lug convened for that purpose after three mouths prsvon
notice published in the city Of New Orleans
each shall be citizen Of the State
indebted Cooperation and at such meeting Stock
holders may such Commissioners, all
the liquidation Of the affairs Of the Corpofaon may tx thei
term and the of their compensation limit th
period for liquidation define their duties and the
which said Commissioners be removed and their term
Office renewed.
Thus done and passed in office, at the city Of New Or
leans In the Of Messeur Octave kernion and Al
bert Leblanc Witnesses Of lawful domessd In this city
subscribe their together with the parties
me- Notary, this seventeenth day OF November in TIT
year Of Lord Thousand eight hundred and hyseven
Original signed - ~ . :.
P. n WOOD,
A. d. KELLY,