New Orleans daily crescent., 1860-11-10

by Boar9 II ye Becto hree t o @ sa ha q
I o5 o1d K1aa p b f. Ssog gsS L 5
Koqns to serve until The first Monday in april next QSp
day april Of that and Of every succeeding year during the
existence Of this charter election shall be held for
until their office shall b. elected each esc.
ton of the Stockholders each sockhoder shall be entitled
vote for each share he may said Company Should
circumstance prevent the election Of Board Of Di
W &c aaSR
The Bcard shall elect er members 10 Be- President Of
the Company who shall have fall receive and receipt
for all moneys all claims due by The Company sign ali
$ aua phe e9nscs necessary II the msnagenent Of the
ness Of The Presen the Board Of Directors shall appoint one
of It's meine President serve during absence
&c powers q tic hs ] Predea m m snail 's delegated al
sexsd re Bo II eeJP b f sa G as wh9m citation &
months VIZ on the fEs Monday Of the month Of April July
ings Whenever in HI opnon Che e Company may
require the Meetings Of the Board Of Directors may
be called at the request OF any one lseto Stock
ohqas 9i ~ " ,S y M S oGt9ber @ ana January
p5as 8 be- s G 70 e he Beard a Of b aefa ] Of 5 the
make full annual report to the Stockholders the first
a fe Bosd q s 8 h Of the Board
among the soekhoders Of the Company who shall keep
Directors and of the Stockholders same shall be at ali
times open to the inspection and examination of the sokhod
1t elections Stakeholder shall be entitled to one vote
been him within thirty days prior 10 such
he al a0s d ag e 81 s
pany and such shall have the right
sad Stakeholder would have been entitled had he
been present himself at such meeting.
persons employed by them the of Company;
they shall make such bylaws rules and regulations they
tie is he same ss p enict a
and the same as occasion may require They sha
power buy and sell real and and pur
hypohocaons and compromises borrow money to pnr
chase and build TO be built steam for
the Company.
ART1c1E VI.
In the event OF death or resignation OF any Of the Directors
the shall be filled by election
m nie aess sH n e @ Of @ Pfe be @ hs R
Board of Directors ut the first meeting Of the Board after
vacancy vacancy the oee of Secretary also be ed
BY The Board Of TO- FIRST N meeting the Board after
office The President Of the Board shall have the power ap
point Secretary act until the election Of Secreta
ry as herein provided for.
ARTICLE VII.
CefcaeH Of Stock shall be issued the Stockholders
the Board Of Directors shall organize under Ibis and neh
Board no shall valid upon The stock
book and by the surrender of the certificate
ARTICLE VIII.
The Capital Stock may be increased from tne in such
manner and 10 such extent a. NAV be by ie Roard
of Directors and determined upon by majority, in OF
after fifteen days previous notice in one Of the city newspapers
ARTICLE TX.
The Company shall make dividends often the Board
Directors shall deem eHpedient.
ARTIeLL
The Stockholders general meeting held for that purpose
after thirty days notice in newspaper shall by Of
threeourths OF the of meeting have the
power make any modification, additions changes this
charter, or to dissovethe same entirely.
ARTICLE XII.
AT the close of this charter IL the majority of the
Of their body Lqnidating Commissioners who shall have power
close corporation sell divide proceeds
amongst the shareholders.
Thus done and passed in my Office in the said city of
Orleans in The of Hugh Madden and Ernest Petpan
witnesses Of lawful domiciated in this city who
sign their naes with said parties and Notary on the day
and date set forth in the caption hereof.
Original Signed
g. i. KOUNS,
JOHN KoUNs by G. L. Kouns,
BEN b. K0uNS,
W. T. SC0YEIII, by Ben. b. Kouns
NOAH SC0YEII, by Ben b. Kouns,
j. II. RAMSB0TT0M by Ben B. Kouns,
HUGH MADDEN,
ERNEST PETITPAIN,
u. l. RICARDO, Mt. Pub.
hereby certify the foregoing to be true copy of the original
act on file in my records.
New Orleans, 8th June, 1850.
ie9 law5t d. I, RICARDO, Notary Public.