New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-01-06

Jadsh = Benjamin; -. New orIssn. 10 I@S
Ws,sT CO.. Abr'dord New New 5000
Tn al, all, ,housand shares of one hundred dollars each
equal six hundred Thousand dollars
.-0or.or shall commence operations immediately at
and from the date Of these presents and ,ha oepy years
thereafieT.
The device Of Cooperation shall be griao9 supporting
kew in his dexter paw the inscription Bank Of james kooo
New Orleans" encircling the seal
The capital stock the corporation may hereafter be In
not e1sessns enc % ao Se Of oS
hundred dollars each and whenever any such sh
have duly authorized sixty .I pG1s Of eT I'VE New sn on
leans and within which shall have the prvi
,sss 81 % o AIKEN Al the Of said may
BY The Board Of Directors at not less than par FOR The
''-'-' u '-' ARTICLE TX.
Apowsrs Of the cOpe alton shall b vested !. Board q
times hold his and right st least twenty nye
s Sos sop :, i q he 9s sppons charter may
be composed of three persons ctiaens Of this state
ARTICLE X.
the second Monday in January one Thousand eight hqs
dred and hi nine and annually 81 sseon LOT d.
plurality d votes then and shall elect previous
notice Of At days q said elssOn shall be given In two
ARTICLE XII.
The following ~ hsys oss' ys uS Ssa
by Board be elected the second Monday Of Janu
ary eighteen hundred and MY nne usos1 Wa
THOMAS ALLEN CLARK.
ARTICLE XII.
The Board Of Directors shall their rst meeting elect one
duty shall preside all meetings Of tbs Board in case
their number President pro tenn, who shall for the time
being and exercise the full powers Of the President Te
elect the President
The number Directors necessary dscounng notes AID
drafts and purchasing bills 81 e5snanse may es a
oiber business by the Board majority Directors shall be
qued to form quorum sind the decision oil MAJORITY OF sad
quorum shall be valid as COZ porate act
ARTICLE XIV.
Board of Directors shall have full power to make bylaws
and regulations alter amend whenever the
and order Of the business of the Corporation may re
IoTee of Ike CorporafoD to regulate their duties tx
of their salaries and Of the security to be given BY
Be- made and held subject to the viii Of the Board
Occur IN their own number and may declared
in Of the death renat on want Of te requs
tive days Of any Director they appoint agents within this
State thereof under such conditions AID restrictions as TO
ARTICLE XIV.
OF Directors after paying all the expenses OF the
Corporation shall twice in each year 4 the profits Of the bust
Justify H. declare and pay uch dividends as they may deem
shall be published In two newspapers IN the city OF new W
leans.
Books for the registry and transfer Of the shares Of the capt
tai stock shall be kept and subject to such restrictions as the
ARTICLE XVII.
Every share shares Of capital stock shall be
shareholder or his attorney
ARTICLE XVIII.
The Board Directors may close the Transfer Book often
require but for no longer period than ten
days at any one time
Board of Directors purchase for the Corporation any
pledge to the Auditor Public Accounts any other proper
Officer Of the state 81 oesns s or any nsyt Of NOTES o.
REGULATION to be issued by the Corporation
AKT1cLE Xxx.
The failure from to elect Directors on the day when
such election should have been held shall not ds9Te he
yded notice be Immediately given appointing another
day which notice shall continue 10 be given from time TO time
un,f the election shall have been made.
ARTICLE XXI.
one s sas , Of % al
any matter and at all elections for Directors
ARTICLE XXI.
Every election Of Directors Of this Corporation shall be
ballot conducted three inspectors to be appointed by the
ARTICLE XIII.
II any Directors the majority Of all the
three number not exceeding hve they
may do SO BY vote at such election
ARTICLE XIV.
majority of all the Directors elected accept provision
ally Additional Or ph sg y ss5 @aS Sn
which il is formed by new act or enactment
adoption and acceptance such Addsna privilege
amendment shall be by vote Of Stockholders in the man
ARTICLE XIV.
The President Cashier shall sign all contracts notes and
certificates of deposit checks and bills OF exchange shall be
regulated by the bylaws
ARTICLE XVI.
Minutes Of all proceedings Of the Board Of Directors shall be
kept by the Cashier and certified by the President
ARTICLE XVII.
The liquidation Of the affairs Of the Corporation shall be made
ing convened purpose, after three months previous
notice in newspapers published in the city Of New Orleans
each shall be citizen OF the State and
indebted the Cooperation and at such meeting Stock
holders such Commissioners all necessary
liquidation the affairs Of the Corporations fix their
term the Of their compensation limit the
period for linudaon their duties and the
which said Commissioners may be removed and their term Of
office renewed.
Thus done and passed my office, the city Of New Or
leans IN the presence Messieuss Octave l. Kernon and Al
bert Leblanc witnesses lawful age domiciiated in this city
hereuno subscribe their together with the parties
and me Notary this seventeenth day OF November IN the
wear Of thousand eight hundred aud fifty
Per Pro JAMES RoBB, P. N. WOOD.
p. N. WOOD,
A. d. KELLY,
W. cox,