New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-09-29


by GoaF I've Directors hree Il WHOM s coas,ats
". L scoyell, John Kouns, H Ramsbottom mid Ben IL
until The shall be duly elected and the FIRST
day of April Of that and of succeeding year during
Board Of Directors who shall sgrys Tor one year from said DATE
ton of the Stockholders each s'ockholder shah be entitled
vote for eAch share he in said Company Should
shall be issued by the Pssident e
for that purpose thereafter circumstances mas permit
The Beard shall elect Of their members be President
for all moneys, pay all claims due BY tile Company sim Id
bills and other contracts necessary In tine management tile
Of the President he Board Of Directors shall appont one
or sickness Of the President and 10 him shall be letsd al
tie powers of the President. 80 W.
served The Board 81 Directors shall meet every three
months w! on the hrs Monday 81 The month. Of April July
ings whenever in his opinion The Interests 81 DE Company y
be called at the request Of any Director any Stock
The President shall out every quarter viz on the first
Monday Of the months Of April aIy oetoba janry
poaaon oe submitted ne Board y Direc9rs W. @
make full annual report to the Stockholders the hst
The Board Of Directors shall elect Secretary The Board
eSae record y the pTSccedinrs Of iii tangs ii lie oafd ii
Directors and u the Stockholders and the SANG 5a BE- II Al
times open TO the inspection ~ examination OF the stockhod
for each share Of stock owned by him provided snc
have been transferred to him within hiry days prior
resent them a. any meeting Of the st5ckholdeg. OF fhe I'm
ever vote sad sockhoider would have been etied t. lid M
been present h liz a such h. meeting
e al persons empoy t X hTm b sg 9fee q M omaa
theS shall maxi SNea Iyls% t,g an t9ssos as they
the transaction of rs affairs provided the same shall not conflict
and amend the sumo as occasion may reaae They shall mys
poses of tie Company uaku contracts, leases mortgages
hypo hOcaton and compromises to borrow money and nu
chase and build Or cause 10 be built steam vessels for the Of
the Company,
z.EzM ARTICLE vs..
In the Of death resignation Of any Of The Deeso
er notee y len days q be posted Il tie Sfcs 81 S ]
ny Vacancy 10 The oiee Of President shall be acd b lie
Board Of Directors vt the FIRST meeting Of the Beard sneh
vacancy Oesars by the election Of Of its mebe4 gu lie
seraney Vacancy in the Office Of Secretary Shall also bc filled
by lie Bold OF Directors a. the first meeting Board if
such yaeapey occurs by esciipg one IF 5e Stockholders aid
point Secretary act until The election Of Sccgaa
~, as herein provided for
AREIGLE VII. z..=
as the Board Of Directors zhe oFFae under hs and sua
book and by 'he surrender Of the certificate
The Capital Stock may % increased from, time lime such
and TO sHch be By th Board
Of Directors and determined by minority
stock held by Stockholders at meeting held for tt pngse
after fifteen days previous notice in one OF the city newspapers
.-m ARTICLE TX.
The Company shall mako Dividends often rs the Bond Of
Directors shall deem eypcdent.
ARTICLE x.
The Stakeholder at general meeting held fer that purpose
after thirty days Hotce newspaper shall by
theefourts Of the aaoan Of stock a such meeting have
power any modification additions changes ia i5
charter, to dissolve the same entirely.
ARTICLE
At the close Of this charter If the majority or tic
Stockholders determine to close before they shall three
Of their body qudang Commissioners who shall
close the corporation sell its effects and divide the proceeds
amongst the shareholders.
Thus done and passed in my office in the said city of New
Orleans in The presence Of Hugh Madden and Ernest Petpan
witnesses Of lawful age, domcaed IN this city, who hefno
sign their Names with said parties and Notary the ay
and date set forth in the caption hereof
Original Signed
G. H. ROuNS, .Z
JOHN EOUNS, by G. L. Eo,IRs
BEN B. K0UNS,
W. I. SC0YEffl by Ben B. Kouns,
NOAH SGOVELII by Ben B. Kouns
j. H. TRANSACTION, by Ben b. k0ins
HUGH MADDEN,
ERNEST PETITPAIN,
d j, RICARDO, Mt. Pub.
hereby certify the foregoing to be copy original
on lille IN my records.
New Orleans 9Th June 1860
ie9 lawst D. T. RICARDO, Notary Public.