New Orleans daily crescent., 1860-09-28

and purposes and under tile puatons and regulations follow
1RTrcGr 1.
Tss W @ns s Ct 9 %5Pp H ses b. @ %
ci hereby established in the City Of New Orleans 1t shall
The requisites of the law organization shall Ne fulfilled
i shall exist and continue for the term of Twenty Five yens
provided for during which sed period the said corporation
10 have md enjoy Succession 70 contract and be sued
arc pope bo I I % ~ nS 5
able ocRry out the nen and purposes for which said
soyanl M interest and convenience require q
and establish BYLAWS for he regulation Of It's affairs and
are By law guaranteed to corporations.
The purposes 0r which corporation been formed 10
Red River convey products Of the valley said
MGis tran a
@ md & IL ssaboa b o lie Mssse a
Red Rivers and aso e afford The sane facilities 70 Fctdet
Company deem i ayisabe i2 sepd any o ths boats in
all he belonging and incidental the navigation Of
said rivers aud their tributaries
Article III
The object for which this corporation has heen formed
Of passengers reights the United States mails from New
and all Intermediate landings.
ARTICLE w.. M@ MmHa...= .0"-."M
interests Of The parties hereto declared 10
Ssorgs i Kouns q shares Of 800 each %
James II Kamsbottom, 10 &.. ........ 1900 OD
Moan n ssovel iS " ] iSS iSC5 ~ ~
20 Shares Of 800 each . . $4,000 %
5Sd MSsnF nit oa 1 cSps Rn % sT. hSFsSnd doa r. e
ood Tsh aad a. s S0Gn No l Il I a S y e.
sponsble contracts faults Company any
] ss e a fSet @ s ea no If r. 9 s S
other h9ye the effect Of exposing the Stock
holder liability beyond the amount of his 0ck shall
py nformaly delay in the organization Of the Company
nullify the charter
ARTICLE v.
b An ss % Ss @ y Fo % se
quorum the first Board TO be composed Of George l. Kouns
Eoqa ssSss a aa Ha hs Maad aa f @
ay a Il ha shd q aeeed a are during urir N %
existence 9L this chatter an election shall be held for
9r @ @n her IT. os It'll h Ss see A. eR see
one vote for each share may own ssid Company should
any prevent the election 1 Board or DIT
3 q asd Say y lie d e s asR sw 5TSF Sfh
~ RE- Bp9 a sse e Y S P u
The Company who Shall have full receive ecept
bills contracts necessary management II ,he
ss 81 liz Prssaen Board of Directors ha ppop one
e. IL members PEeEden pro e e eFye 3pns ne absence
the powers Of the President
6 IL he p hV9s NE H. A. 4s " st IT, s onf sg ihge %
ngs whenever in his opinion the interests Of the Company y
be called the request Of Director any Stock
lie President shn make out every quarter yz on the first
Monday Of The months Of July osobs aud January,
BSsal.p5 Az ] y saS@tsd s ] heHia R p5ssSs G o @
fhe Board og directors Secretary y tue Board
among the Stockholders he Company who shall Keep M
exact record # NE poceed1g Of a nE Of the Boad 9
open the inspection and examination Of the stoekhold
At all elections esch s,ockhodsr shall be cuted 10 one
share q stock owned By him provided such stock shall
election. Stockholders appoint other Stockholders
resent hs # any meeting q ths @ of The Gou
sad Sockhode would have been entitled
The Board Of Directors shall tx he compensation
they sha make ,9eR Gy yaws rules and regulations ~ Hey
deem tor the Of the Company
w Eis Gh9rter or @ he hs Of @ sSs s % @ p ma a
Saa Sn @ 5 ] nj ~ ee efSss9 ea @ may @ M y hs
poses of ihe Company make contracts mortgages
chase aud build be built vessels Of
| the Company
ARTICLE VI.
In the event of death resignation of any file Directors
Rs vacancy sa 6e hsd qP y ah election @ ,e
ny Vacancy in the office Of President saI lcd BY the
Board Of Directors At the first meeting 81 the Board after
vacancy Vacancy the Of Secretary sha aiso be FLIED
seh s Saeency s b m oe s i S S 9s %
Office The President Of tue Board shall have power to az
point Secretary pro until the election secsia
", as herein provided for
Certificates of stock hal BE- ssaed to the Stockholders as
the Board Directors 81 al organize under this such
ast nd a b es Ensd 6 H @ S 5 Fdsn b Sd ssets NJ o M
book and by the surrender of the certificate.
The Capital stock may be increased from time to nc in spc
Of Directors and determined Hpon by majority ii amount o
stock held by Stockholders " meeting held for that pHpoe
after fifteen days previous notice in Of the city newspapers
| ARTICLE TX
The Company shall make Dividends as often as he Board Of
4 Directors shall deem expedient.
| ARTICLE <.