New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-06-01
ARTICLES or AssOCIATION.
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1s110szG6 VI AGoOO4AA 1870
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came and appeared the parties whose
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them form and create corporation under said to be
the State Of Iouana and that end they have an
DO BY these to and enter into the Following ar
'''' ''''''''A '''e - ARTICLE .ia FIRST
FA aes VI 4 81 ApsaG Ai hs
ISOLATION OF LOUISIANA and its domiel is fixed In the
The object and design q the Association \ t. promote and
ss Including cos Tobaeeo Rre geg
Horticulture Fruits Vegsbies ornanens and Staple
Arts; Home Manufaeares branehes he rearing I'M
general economy the encouragement Of
household and he Of useiel know
Ssso saeh ny and
ARTICLE THIRD
The President of the Association shall the proper officer
upon whom citation or other process shall be served
The capital stock the Association + hereby fixed the
OF hundred and FIFTY thousand dollars
thousand shares o. twenty Eve dollars each which shall be paid
Twenty per cash the fifteenth day of May one
as # assa apa y q ~
day # July following twenty Tie fifteenth day
isenh day q but hs operations II the
Association commenced when thirty thousand dollars "
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Y pss % seA s' P a n s
sunng eighty per cent IN instruments Of twenty per cent
In case any subscriber refuse or neglect to pay his her or
s a " Sscas da s s 5
forfeit the Association may keep Or dispose Of the same at
pleasure.
No stoekholder shall eyerbe held liable for amount
r. q of s s aas s @ Fs a %
State Of and may use such medals with devices
ternined on.
ARTICLE SEVENTH.
The Of the Association vested in the President
Board Of Directors consisting Of stockholders who
y as C 4 1ss in h city Il s
two published in the city of New Orleans
III name four 4 d election
recors shall be By ballot and held under the sapsntenence
Of committee Of the Board Of Directors and every bona hde
they may shares q stock provided that 10 person shall
election provided further election held
hereunder shall BE- entitled shares
of the Association for three months prior such election
ARTICLE EIGHTH.
plurality shall sufficient elect Directors
they shall ut their first meeting after their election select of
their nnlnber for President who shall be elected by majority
OF the Board present at such meeting.
hs President preside 49, At al meetings q the Beard
s T n III sbeee ay e
Directors shall elect their number who shall
ARTICLE TENTH
failure from any elect Directors day named
ST sa II @ @ r. aa ss s
shall be held Of which due notice shall be given in the
ARTICLE ELEVENTH
Mesrs Isaac G. Seymour. @. Potthof Q. H socomb
Race Jas Nixon a.h,T Homes ch s fEa Henry
Pile, David Fowler John W. Tton Isaac
vsrOn and n Hardessy shall be The @ Board ii pireetOrs
and serve until their successors are elected as provided for
ARTICLE TWELFTH.
Tho President right to
fill vacancies that in their body, arising from
any cause and authorized appoint
as ad &c ] ~
may determined BY the Board and the Board may adopt
amend The same pleasure provided such rules regulations
by laws be mot inconsistent with law these presents
raiRrEEsTH.
Association term
Of from date unless dissolved by
Of the Stockholders, or by law.
ARTICLE FOURTEENTH.
The Board OF Directors Is authorized lease purchase and
hold sush tss pops and ~ and other IT,
Association and SELL dispose Of ALLEVIATE cucumber and n.y.
pothecae the same, OF any part thereof at pleasure
FIFTEENTH.
The Directors shall they think proper any profits
justify It, declare such dividends they deem advisable
ARTICLE SIXTEENTH.
Books for the Registry and Of stock shall all
signed by shareholder attorney Directors may
close said books time but fer longer period than
days.
ARTICLE SEVENTEENTH.
No certificate of stock shall be issued until the full be
paid thereon.
EIGHTEENTH.
The Stockholders at meeting convened for that
published this city add modify, amend change
these articles, the pointed by law the
of all the snch meeting
shall be for the validity Of such change alteration,
addition, amendment modification.
NINETEENTH.
affairs Of the Association shall liquidaed by three
Commissioners appointed by the Stockholders general
the election Directors said gdatos shall be solvent
residents this State indebted the Association NIL
powers shall conferred their
ton and of office shall be fixed and they shall give bond
be provided for by resolution approved by majority Of said
general meeting.
ARTICLE TWENTIETH
The the shareholders their residences the
of shares held each respectively, the
cared be snch subscribed this opposite
the names Of each respectively.
passed office, the of New Orleans
this nineteenth day Of the month Of April in the year
thousand eight hundred and sixty in the presence of Pierre
Cuyeef and Octave L. kenion witnesses of legal qualification
who have subscribed their with the appeafer and the
notary. 5=l
IoRIGIsAL sTGSEpl
G. H. SE0G0MB, New Orleans.
BEE.LOCQ, NOBII0A d co, New Orleans.