New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-05-09
ARTICLES OF ASSOCIATION.

ARTICLES OF ASSOCIATION.
IL o1iils fs 4 osaa. dy Z
ssmbsrss that q; day. before n. WAITEa
s duly qualified and in Of the Wit
nesses vhS are hersnais. NAMED sad
appended act have signed II foot
syeraly declared that b virtue and pursuant the
ss ss s q
md e un as d s
styled Msshaniss agiieaitaal Tar associsen
do these and the following ar
elss Of association and "s IssIsaa yrpsr.
'sgs9Hts aps s e 81 4tis,h1P hs E
city Of New Orleans .n.,... ,.,.,n
The object and design Of the Association IS promote and
foster In all the various Of Agicu
Herieaisue. vegsts6e. ornaentsi asd stspIs
A and
an
ledge such subjects by Offering Inducements and premiums
ARTICLE THIRD.
President Association shall proper officer
whom citation Or other process shall BE- served
ARTICLE
The capital of the Association Is hereby fixed at the
thousand shares Of dollars EACH which shall be paid
twenty Per cent il cash on the fifteenth day May,
thousand eight hundred and twenty per cent on the hf
day Of July following twenty per cent on the fifteenth day Of
asy s ny e. IL
Association be when thirty thousand dollars
sss . "a sa ss % sf % ss
s ps es a 4 a e 81 d aa bs
naming eighty cent in a of twenty per cent? ma
In any subscriber refuse neglect pay his
as @ as oas u va d @ me
forfeit to the Association may keep dispose of the same at
pleasure.
No stakeholder shall be held liable for any amount
beyond his, her or their subscription
ARTICLE SIXTH
The Association shall have he device being the coat Of
# State oe Louisiana With the inssrpon, ecilesg
State Of and may use such medals with devices
The powers Of the Association vested in the President and
shall be elected annually on The rst tuesday Of May each
2 as &c Alter s
two published in the city Of New Orleans ay
II Notices 4 ssstsa
# COMMITTEES IF Board of Directors and bona de
they may own Of shares Of stock provided that person shall
escion and provided sr after he first election held
hereunder person shall be entitled to shares of
Of the Association months prior to any such election
ARTICLE EIGHTH.
plurality OF shall Directors
their nalaber for President who shall be elected by majority
Of the Board present at such meeting
ARTICLE NINTH.
The President shall preside " ~ meetings Of the Board end
sisasd o my
Directors shall elect one Of their number who shall
for the time being exercise the full Of President
ARTICLE TENTH.
failure from any elect Directors day named
Ds he Is s @ hod over s
shall b Of which due notice shall be given in the
ARTICLE Eleventh.
Messrs. Isaac e. Seymour. pohof, G. Il slocomb Geo.
hass a. q E NaSn a heT Ras Charles Eide Henry
Pile, David H. Fowler, john Penbeon r W Tiiton isaac
Overflow and r marissy shall be the rst Board Of Director
and until their elected provided for
ARTICLE TWELFTH.
The President and Board Of Directors shall have the right
fill that in their arising
any and authorized appoint
s aa ad se s
may ns D on y The Board and Board may ADOPT
the same Ct provided such rules regulations
THIRTEENTH.
This Association formed continue
Of from date unless dissolved by
Of the Stockholders or BY law
ARTICLE FOURTEENTH.
The Board Of Directors is authorized to lease purchase and
a sey m e @
Association SELL dispose ALLEVIATE cucumber and hy.
pothecate the same or amy part thereof AZ pleasure
ARTICLE FIFTEENTH.
The Directors shall they think proper any profits
justify it, declare such dividends they deem advisable
SIXTEENTH.
Books for the Registry and transfer of times
be kept al Of stock shall be made qsh books and
close said books e but for longer period than
days.
SEVENTEENTH.
No certificate Of stock shall be issued until the full
paid thereon.
ARTICLE EIGHTEENTH.
The Stockholders general meeting convened for that
solely after thirty days notice newspapers
published in this city add modify amend change alter
these articles in the pointed ont by law but
sent Of Of all stock such meeting
shall be for the validity of such change alteration
addition amendment or modification
NINETEENTH.
The affairs of the Association be uudaed by three
Commissioners appointed by the Stockholders general
ing convened after the delay and the pointed for
the election of Directors said quidator shall be
residents Of this State indebted to the Association all
shall be conferred them copensa-
ton and term Of Office shall DO fixed and they shall give
security III required by the Association. All which shall
be provided for by resolution approved by majority
general meeting.
ARTICLE TWENTIETH
The Of the shareholders their residences nun
Der of shares held by each respectively for the present
caed TO be such subscribed this opposite
the names of eachrespectisey.
This done and passed Office in the city of New Orleans
on this nineteenth day Of the month Of April in the
thousand eight hundred and sixty the Pierre
Cuveler and Octave L. Kernon qualification
who have subscribed their with the
notary,
[oRIGINAL srG.EDl
BELioce NOTION. ON 4 C. New Orleans.
GRO g Nor n koSa seM f,li News Orleans.
P. Gus. CUvEILiER,
O. L. KERs1os,
WALTER II. PETERS, N. P
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