New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-01-20
ARTICLE I. "a. an, ,Su,
The coporste name Of the Association shall be The ham

der on before the hfst OF dAnnAy neN''
.,s.,.. .ns na,ier Of shares Of the sOethOid
We or nc present declared to be as oiow.
y IA sneI m may eafter be maze oh
~ books Of the oOrp0raqRn .,s.aes shares Amount
Same p,h New Orleans 1000 s6g0goy
PhsrulI M Wood :. -. New Orleans ~ $500
Mortimer 3. ii. Norton New 9rlesns. '''..'' StSS
4 ~ 1Ssf b New 9rIssas.... @
lanes H. Caldwell. Rev Orleans. 81 sg9
Y III Adams jackson, Mss. 50 2 2'
Sa ass,, w T1 aals,, s sss' Yolf " @
Thomas Allen Clarke. New Orleans '-'-'' ~ i'SS
IA ward A bradford. !. New Orleans. " s'nS
" w. r.. . New Orleans. ~ ss'VW
In all six Thousand shares Of hundred dollars each oa
equal 70 sir hundred Thousand dollars
ARTICLE VI
This corporation shah COmnence Operations 49,
time 20 the full end and term Of twenty consecutive years
thereafter.
The device Of the Corporation shall be grfoe i.ppoang
New orleans,p eneIrcling The seal
ARTICLE VIII.
The capitA stock Of corporation may hereafter 20 NJ
thousand collars Gay sO divided loo shares q ens
hundred dollars each md ay, s ssi TsA s sRs
be given IN iso newspapers poSsssd n s byvs ne pr
ege taking additional shares IN proportion 2 nc amount -
their stock shares taken 81 The expiration q ale 9e thy
be sold by Board q Directors al not less than Par o no
'e"s' y ARTICLE TX.
eons,ssns II yhree persons each whom shall all
%s: b sPG ia Sock * Of fa d p eoo S1
po apply frs, Board appointed IN us shaEe which may
be composed Of any three persons c,iiiens 81 ' ss'
onthe second Monday Jiary, one Thousand eight hTn
reeors shall be held banking hoss q hs Copoaion
~ q least Ten days Of sid election shall be given In
newspaper Published in New Orleans
The following named persons have duly elected sad
shall compose Hoard q Directors 60 S until ., s gS
PHGNIx n. WOOD,
fnoNAs ALLEN CLARK.
ARTICLE XII.
Of their members 20 3 President q hs C9pssS1 Whose
~ , .sncs Or inability to net Inc Directors may
hsr number President pro TEN Who h IoE ,ns TRs
vote Il majority Of the whole Board shall DO Necessary to
elect the President ,,r,c,v VII,
1he number Of Directors necessary for dscountng notes aud
sa s1 q a. Sos S Sa o q any
ober business by the Board majority o. Directors shall se Is
quorum shall be valid corporate act
ARTICLE XIV.
The Board Of Directors shall have full poser 70 make bylaws
and regulations and the alter Or susnd ahsneyeI ne
interest and order q s quss o. ne ss ans may me-
ployees Of the Cooperation TO regulate Their duties. hh NE
each ofeer respectively all appointments and offices shall
and hd subject 70 # ss v % hs s9SS
occur number and said vacancies may be declared
nS ~ shares or SSssnes without leave Tor sixty eossscu
live days any Director they appoint agents hin ihs
thereof under such conditions 40 RESTRICTIONS a. 70
them shall seem proper.
orpe e shall ycs n each yes The profits bust
Justify h. declare and uc dividends A. they may deem
shall published In two newspapers in the city OF New Or
leans.
Books for the registry and transfer OF the shares o. the capt
tai stock shall be kept and subject 10 sneh restrictions "a me
bylaws may direct.
made On TIE books the Corporation and shall be signed BY the
shareholder or bis attorney.
ARTICLE XVIII
The Board of Directors may the Transfer Book oen
convenience require but for no longer period than ten
ARTICLE XIX.
The Board Of Directors purchase for the Corporation any
ped g the A1dlSr Of Public Accounts or any proper
Snee of debt at6orisd 70 secure the payment Of notes Of
| ireuletion be issued BY the Corporation.
AKrIcLE Xxx.
The failure any elect Directors the day when
election should have been held shall not dissolve the Cor
the usual notice Be Immediately given appointing another
| unsi the election shall have been male.
| ARTICLE XXI.
o Es sas sts q DC a al maas
| on any matter and at all elections for Directors.
| ARTICLE xxi.
bo and conducted By three inspectors to be appointed by the
Board.
any future eecti for Directors the majority on all The
should deem expeden increase the number Of
Directors from three number not exceeding i've they
| may do so by vote at such election
| ARTICLE XIV. .e.
majority Of all The Directors elected may accept provision
ally additional power privilege that hereafter De
conferred upon Corporation either by ameumen: under the
which It is formed by any enactment
and amend these articles Of Association but the hna
adoption acceptance Of such additional privilege
amendment shall be bS vote Of Stockholders in the
ner provided by law.
ARTIOLExXv.
The President Cashier shall sign all contracts notes
certificates OF the Corporation and the signatures
certificates Of deposit checks and bills Of exchange shall b
regulated BY the bylaws
ARTICLE XVI.
Minutes Of all proceedings Of the Board Of Directors shall
kept by the Cashier and certified by the President
ARTICLE XVII
The liquidation Of the aft the Corporation shall be mad
by Commissioner elected by The 81 ckhoders at meet
convened for fhat purpose after three months preyiou
newspapers published In the city Of New Orleans
each Of said Commissions shall be citizen Of the State
indebted to the Cooperation and such meeting Stock
the liquidation Of the affairs Of the Corpoiaon may fix thef
Office and the Of their compensation limit tn
period for hqudation define their duties and the
which said Commissioners be removed and their term
Office renewed
Thus and passed in my Office, the city of New On
leans IN the presence Of Messiens Octave Al
bert Leblanc Witnesses Of lawful domicasd 10 this city
who herennto subscribe their together with the parties
year Of Lord thousand eight hundred and
Per Pro JAMES RoBB, P. N Woop.
p n. WOOD,
A. d. KELLY,
W. COX,
! o. l.. KERSIoS,
~ p cuApI Fs cIrVPr rIrp