New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-01-11

In all Thousand shares Of hundred dollars each ,oO 0OO
equal to six hundred thousand '0'O,O0O
This corporation shall Commence operations media,ey at
and presents and shall endure and CON
nue 10 the full and term Of twenty consecutive years
thereafter.
The device of the Corporation shall be son supporting
New orieans,o ehcireling the seal
ARTICLE VIII.
The capital stock Of the eoTgoraOs MAY hsrssss be IN
5SS.snd T. dollars sRs SUN ag pGs divided into shares q
hundred dollars each and whenever any such increase shall
s, s sssp aa sso pSbIs IN ely
ss hs i. Ss By +
their stock shares taken at the expiration q said time may
benefit Of the corporation.
persons each whom shall ali
times hold in his nSe and right a. Least Twenty
not apply the Board appointed this charter which
ARTICLE X.
On the Monday january, thousand eight hun
bred and My nine and annually an election Tor
plurality q votes then and issTs given shall elect previous
newspapers published in New Orleans.
ARTICLE xI.
bn hs % Board q pseS until
by the Board be elected the second Monday Of anu
'' 'i FHGSf fSn Y WOOD SSS n''' ''" VIZ
THoMAs ALLEN CLARK.
ARTICLE XII.
Board q Directors shall at Their st meeting elect one
duty shall be preside all meetings Of the Board in
their number President pro tenn who shall for the time
being and the full powers q the President The
elect the President
The number necessary for dscounng notes and
drafts and purchasing bills q exchange may ee deterpned
ober business by Board majority Directors shall be
quired to form and the decision OF majority OF said
quorum shall be valid as q cor porate act
ARTICLE XIV.
The Board Of Directors shall full power make bylaws
Interest and order Of the yness Of the Corporation may
eglEe to sppOn the Cashier and Az o'ee, oest and en-
amounts Of their salaries OF the security be given by
e aS S's nd hs SUBJECT f0G he q
the Board shall also have power % Oh any vacancy that
in Of the DEATH regnas want OF the requisite
tive DAYS Of any Director they may appoint within this
State thereof under such conditions AID restrictions as to
ARTICLE Ky.
The Board Of Directors AFTER paying Al the expenses Of the
nes Justify II declare and pay .ueh dividends a. they may deem
shall be published in two newspapers in the city Of New Or
leans.
registry transfer Of the shares Of the capt
tai stock shall be kept and subject to such restrictions the
ARTICLE XVII
Every transfer of any share shares Of capital stock shall be
shareholder or his attorney
ARTICLE XVIII.
convenience require but for no longer period than
days at any one time.
The Board Of Directors purchase the Corporation
evidences e debt that they may hold By law and
officer Of the State Of Louisiana all portion Of said ey
REGULATION to be issued by the Corporation.
ARTICLE Xxx.
The failure from TO elect Directors the day when
such election should held dissolve the
poraon but the Directors then in ONCE shall bold pro-
day. which notice shall continue be given from time time
ARTICLE XXI.
Each shsIehGdsr shall be entitled directly Or ey pre5y to
any matter and at sll elections for Directors.
ARTICLE XXI.
Every election Of Directors Of this Corporation shall be by
ballot conducted BY three inspectors appointed BY
Board.
ARTICLE XIII.
If any future election for Directors the majority Of all the
Stockholders should deem epedent increase the number of
Directors from three to number not exceeding Eve they
may do 50 BY vote at such election
ARTICLE XIV.
majority Of all the Directors elected accept provision
ally additional power privilege that may hereafter be
conferred upon the Corporation either by amendment under the
and amend these articles Of Association but the final
adoption and acceptance Of such additional privilege
amendment shall be by Of Stockholders in the
ARTICLE XIV.
The President Cashier shall sign all contracts
certificates of stock Of the Coporaon and the signatures to
ARTICLE XVI.
Minutes all proceedings Board Of Directors shall
kept by the Cashier and certified by the President
ARTICLE XVII.
The liquidation the affairs Of the Corporation shall be made
by three Commissioner elected by the stockholders
ing convened for that purpose after three months previous
notice in newspapers published in the city Of New Orleans
each of said Commissioners shall be citizen OF the State and
not indebted to the Cooperation and at such meeting Stock
holders eede to such COMMISSIONER all necessary
the liquidation Of the affairs Of the Corporation may their
Of office and the of their compensation limit
period for liquidation define their duties and the
which said Commissioners be removed and their term Of
Office renewed
Thus and passed in my office the city Of New Or
leans in the Of Messeurs Octave Kenon and Al
bert Leblanc witnesses Of lawful domiciaed in this city,
who heennto subscribe their together with the parties
and Notary this seventeenth day Of November In the
Of Lord thousand eight hundred and
Original signed;
?. \. WOOD.
A. d. KELLY,
W. COX,