New Orleans daily crescent., 1860-11-27

This Association sball 50 into operation from and Rie The
Nass = Article VII.
This Association shall have Corporate Seal the device
which shall be Crescent within Circle with two horses AID
Car and the name ofshe Corporation trseed thereon.
ARTIGLE yIft.
These Articles Of Association mas be modified altered ard
capital eek be Increased 20 not excsdias
consnt Of a the Stockholders obaned
* sass seaSys ay neass shah e duly ast6oas y
notice Of the sae shall begyean two psbshsain
have The privilege Of taking additional shaIss In proper
t Sa y ,I op hat time may be Il oe # 5 hs Biqea
the benefit of the Association bot not al less than pH
value.
All powers os this Corporation shall be vested IN Bead y
Director eoasising o. twelve peLsea, ese q Ehan sas
capital stock Of said Association
ARTICLE <.
Henry HSpt, Frserck Wiai1 Parek irwin, Alfred PsaS
sanae smith, Armand Htine james 0. Nixon, L. f. Fossia
pose and hereby neaid q DifsseT VIC
h 3 s a s, as I a 1f epys f a eS 81 ls m bls, %
who shall By elected as provided in Article Eleventh. a
ARrIoLE Al.
On the third Monday December eighteen hundred and IL
~ S he les shall bc hsI a. he oe X Ss a
ration Of which election previous noee Of At least len ss
shall be given ia two published Ia hs city Of Sew
Orleans.
plurality Of counting FOR each share seck
voted upon shall ee piae sa r. elect yee shall st
her for President the Association who shall bs elected by
sary Of ,hs whole B9as ed upon whom All citations and
il shai tie duty of ths President preside ali raeeass
the Board, and IN ST absence inability est lie
board shall elect Of their mebe President pro eu who
% s fei T ballot under as
Inspectors appointed w tbs Board FROM hs stoekhod
DifeetoFs a least week pdaf any election
ARTICLE xttt.
majority Of the Board Of Directors sha be necessary to
corporate act except for the purchase Of he fight Of ws @
oin bpding as osds p p or e purchase q Eea
Of Directors
Ary Director being about abeat himself for period f t
months less may somats substitute II b stehd syas5sd
said substitute shall have s own right mol ess bs sas
also that said absata be elected by the Board u bfeators
for the time being.
ARTICLE xv.
The Board Of Directors shall appoat Secretary and an
cs5s "a and sssnis sgd "a III sy e. i5f H. .s AZ d
Of security that shall be required from any sad ee
sad Board may aso delegate such power tfe rsusasn u
The ordinary business OF the Company Committees oi tsir
sTt and may also appoint aRelts within aud without thls s
under such conditions to them shan proper And hey
shall have power make bylaws rules and regulators mi n
amend alter the whenever the interest 6 The cornofss
ee at may ased II e Bosfd Such ssssnes ir aT fa e e.
ened account Of DEATH resignation want OF the fease
ARTICLE xvE
Books for the registry transfer Of shares of the es
ed by the by laws All transfers shares stall be made an sf
said books The Directors close conveaiens q
axpedieney may require but for longer period ifsr @
transfer the same previous to full payment having been made
d s par pahg provided st he nSssd its adDaRa saBse4
ton is satisfactory 10 the Board Of Directors
ARTICLE xviL
failure from cause g elect Directors the day named
purpose shall dissolve this Association n tbs III
then Office shall hold until another "a
Of which notice shall forthwith given az rrov5aa IL
Article r. continued until election had pSsUee Id
ARTICLE XVIII
Each Shareholder all meetings for the election az ae+
other purposes shall be entitled directly or by ~ nm
each share Of stock held by him provided tat no soI
provided that he shall have stock al esst 80
months prior TO the day Of voting. 's
ARTICLE XIX.
No two partners whose subscription Is In the name RI A.
the time Directors of this Association nor shall M
Of other City Railroad his partner be Dreer
Of this Company.
Minutes Of all the proceedings q The Board Directors shall
President and Secretary shall sign all notes drafts cheek cay
eates Of stock contracts and all ether evidences Of debt Of
this corporation.
ARTICLE XXI.
The Board Of Directors accept Professionally any power
privilege conferred this any ~
the law under which the formed or by the adonan ~
act ordinance of the Legislature or CITY Ennnci
but the final acceptance of any such power or shall
be determined by vote of majority In amount the stock
holders.
ARTICLE XII
The liquidation Of the affairs of this Association shan he made
by three commissioners appointed by the Stockholders ~
meeting convened for that purpose sixty DAYS
tee newspapers published in New Orleans SaiI in:
daors ka be solvent persons residents Of his CITY mi m
dabted to the Assoc aon their of Office shall IN H
all necessary power shall be conferred on fhem H.
for liquidation shall be fixed, well their n
such the Stockholders may by reson;on IN n
meeting convened, determine. = eaf