New Orleans daily crescent., 1860-10-05
Ar TtGbE V.

All the corporate powers of this Company shall exercised
by BOARD + 1--WE Directors three Of whom shall constitute
w. T. scoveii John Kouns j. il RSmsbotton and Beni b.
n lie a ectsd and the aoa
A h an sa Ct @ e fnF o a as
Board Of Directors who shall serve for one year em said date
ton of the Stockholders each holder shall be entitled
vote for each share he may own n saa Company soqd
rsetGs on the y named Gs sad then new order
purpose thereafter circumstances may permit
The Board sha elect Of their members be President Of
for a moneys all claims due by the Company, sign Ill
the business Company the absence or sick
the President the Board Of Directors shall appoint
Of its members President protein during the absence
sickness the President and TO him shall delegated All
The President shall the person whom citation shall be
served The Boardef Directors shall every three
October and January and President may aa special meet
require the Meetings Of the Board Directors may
be called the request of Director two Stock
President shsll make CIT every quarter ne rs
statement OF The business Of the boas md the affairs Of the cor
poesion be submitted to the Board Of Directors, who shah
DAY d he noa e Ss o egsf ssaf = - go -
1he Board Of Directors shall elect Secretary Of the Board
exact record + The I Of AL ssg Of hs BoGtd B.
times TO the inspection and examination Of the Stockhod
At all elections each oekboder shall entitled to one vote
for each share Of stock owned by him. provided such stock shall
election Stockholders may appoint other
pany shall have right 10 cast what
ever Stakeholder woud have entitled had
The Board Of Directors shall amount of compensation
they sba make such 6yw rules and resniations Is hey
deem necessary for the et of the Company and
the transaction Of its affairs provided the shall conflict
with this Charter he luws of ihs State and they may alter
S 70 by md ss eS slaves or he a sn
poses of the Company e make contracts leases
chase bnld cause be built vessels for the
| The Company.
ARTICLE
In the death resignation any of the Directors
after notice of ten days 20 be posted The office Of the onpa
Board Of Directors The first meeting 81 the Board such
vacancy IN he es Of sece,sy ar o be I'D t e
by Board Of Directors the first meeting the Board
ofe The Prssen 3f he oar Sa have he power aP
point Secretary tenn to act until the election Of seerea
ARTICLE VII.
Cert caes of Stock issued the stockholders as
the of Directors shan organize under his act
ae h no o sas a II b. s 5 1ss S ns T III
book and by the surrender of the certificate
ARTICLE VIII.
The Capital Stock bemereased from time To time in suei
mnel may by the Boar
OF Directors and determined hpou by majority il amount
after fifteen days previous notice in one of the city newspapers
ARTICLE TX.
The Company shall make diydenda often the Board
Directors shall deem eNpedieht.
ARTICLL K.
The Stockholders at general meeGg held for that
thirty days notice in newspaper, shall by
hEeeonrths Of the amount Of stock such meeting have III
make modification Rdtians changes in th
| charter or dissolve the same entirely.
/ ARTICLE
All the close of this charter sooner If the majority Of h
Stockholders close before they shall
of their body qndang Commissioners who shall have powe
close the corporation sell effects and divide the
amongst the Shareholders
Thus and passed in my Office in the said city Of Ne
Orleans presence of Hugh Madden PetpaI
witnesses of lawful age domiciaied in this city who hernn
sign their names, with said parties and Notary the da
and date set forth in the caption hereof.
Original Signed
g. l.. K6UNS,
JOHN KoUNs by G. L. KouRs
BEN b. kOUNS,
W. T. SG0YEIL, by Ben. B. Kuuns,
NOAH SGDYEI4f4 by Ben B. kouns,
]. il. RAMsBoTToM by Ben B. Kouns
| HUGH MADDEN,
ERNEST PRTITPAIk,
/ D. l. RICARDO, Mt. Pub.
hereby certify the foregoing TO be true copy Of the origin
act on file in my records
New Orleans, Sh june, 1860.
ie9 law5t ID. l. RICARDO. Notary Public.