New Orleans daily crescent., 1860-11-27
AR TICLE v.

ARTICLE V.
by Board i've Brecofs three of WSo nha 0
o1e a s JOIN sqi v b Of Gs0g s a
Koans to serve until the first Monday April as6p
existence this charter, election shall be held for new
Board of Directors who shall for year date
or until their in office shall be elected A. each cleo
for each share he in said Company Should
any circumstance the election of of
b asR
The Boara sa elect one Of he members ~ e
the Company who shall have full power and receipt
M other necessary The SaiasemeHt Il the he
s he &c Il q rs s sa aseafs Sf
Of il members o during the absence
the powers Of the Pesident 0' an
The President @ shall hs the whom citation shall be
months VIZ the first Mpndsy o the months Of April July
ng whenever opinion interests o the Company may
require the Meetings Of the Board Of Directors
The President shall make ont quarter VIZ the first
OF the business of the boats and the affairs of the
make full annual report to the Stockholders the first
d hs Ct s1 6s @S9 OF say e shs Of the
the Stockholders Of the Company who shall keep
Directors and The and the same shall Be a
times open the inspection and examination of the stochod
all elections each Stakeholder shall be entitled vote
have been transerred TO him within thirty days prior such
election Stockholders appoint other Stockholders rep
pany and such shall have the right
ever vote ad sockhoder would have been entitled to had he
The Board Of Directors shall fix Of compensation
they Shall make such bylaws and regulations as they
may deem for the Of the Company and
with this Charter the laws of this State and they alter
power buy for the uses and pur
poses Of The Company to make contracts leases
chase and build be built steam vessels for the
the Company
ARTICLE VI. .~
the of death resignation Directors
the vacancy shall be filed up election By Stockholders
after notice of be posted the oee Of the
Board Of Directors the first nesting Of The Board after such
yscane Vaeey he oee Secretary ar shall Be Iad
by the Board of Directors at the first Meeting Of the Board after
sSa
point Secretary tenn to act until the election of Seerea
ARTICLE VII.
Certificates Of Stock shall be issued the Stockholders
as the Board Of shall m under th and such
Board no shall made upon Tie stock
book and by the surrender of the certificate.
ARTIcLE VIII.
The Capital Stock from time to time such
and to such may by Board
of Directors and determined npon by majority in amount Of
after fifteen days previous notice in one Of the city
The Company shall make dividends often as the Board OF
ARTICLL
The Stockholders at general meeting held for that
after thirty days notice in newspaper shall by
threeourhs of The amount OF stock such meeting
power make any modification, additions changes th
charter, to dissolve the same entirely.
ARTICLE
At the close of this charter sooner If the majority
Stockholders determine close il before they shall elect three
of their body Lquidatng who shall have power
to close the corporation sell its effects and divide the proceed
amongst the Shareholders
Thus and passed In my Office In the said city New
Orleans in The of Hugh Madden and Ernest Petpain
witnesses lawful domcilated iu this city who
sign their with said parties and Notary day
and date set forth in the caption hereof,
Original Signed
G.. L. KoUNS,
JOHN KQUNs by G. L. Kouns,
BEN B. K0UNS,
w. T. SCoVEIL, by Ben. b. Kouns
NOAH SC0VEIiIt by Ben b. Kouns,
J. II. RAMSBoTToM by Ben b. Konns.
HUGH MADDEN,
ERNEST PRTITPAIN
d. l. RICARDO Mt. Pub.
thereby certify the foregoing be copy OF the original
set file in my records.
je9 iaw5t D. l. RICARDO, Notary Public.