New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-16

Al II c II V,
overs Of this Company shall be exercised

any lnonay or delay in the organization Of the Company
All the powers Of this Company shall be exercised
&c m d % BE- 9b r a M Kos
y. r. seovell, John kouns j. II. Rarnsboom BENZ b.
IL h be duly II A Of IsS Mo
& 7 e 5 f FOR ns ns
B9ara 9 WIG shall serye for one year from said date
ton IF he soekhodee each stockhoder aha be entitled
any crnssnee prevent Tic election Of new Board Of d.
rt9 On @ ay TsPed 9s tad % hen new order
fo purpose thereafter may permit
the Company who shall have a power to receive and ecep
III III psy o. claims due 6y The Company to sign 81
The y ne IF h. ~ d hs Of enes sick
sickness Of the Preden and to him shall be delegated all
TIE President shall 3 the on citation shall be
months on the first Monday The month Of April july
October January and the President may call special
ea lie Mesns he Bord Of DecoFs nGy MY sS
be called It the reque Of one Director Stock
I'M President 1 shsll 'e ont gysry quarter yz the first
statement Of the business Of the boats agd the ars of the cor
day Of Ire month Of July Of every year.
among he d Ike Company WIZ ha feep an
peeo ard 81 he and the same a be y" Al
times open the inspection and examination of tue Stockholm
At MI elections Stakeholder shall be entitled to one vote
have been transferred to him Within try days pro 10
election Stockholders appoint other Stockholders rep
pan and snfh sE have The gh to .st What
I'LL Board Of Directors shall TX be amount of compensation
persons employed by them in the this Company;
they Shall bylaws regulations as they
tie ttansacSn y ts aiairs Tie same shall not cSst
with this Charter The laws of this State and they may
power buy and sell real nud slaves tho pur.
poses OF the Company to make contracts leases
hypohocatons and compromises to borrow money and
chase and build be built steam vessels for the
the Company.
3a-- ARTICLE VI.
In the event Of death or resignation of any of the Directors
the vacancy shall be filed election Stockholders
~ Vacancy the Office Of President shall be ied by he
Board Of Directors At the Fst meeting Of the Board after
vacancy Vacancy the office Of Secretary shall also filed
s8c vacancy occurs BY ecng Tie Stockholders to said
Office The President Of the Board shall have the power
Secretary to act until the election of
~, as herain provided for.
Certificates of Stock shall be issued 10 the
Board of Directors shall organize under this
certificate shall be snsd , the So r5sssn mad Secretary
book and by the surrender of the certificate.
ARTICLE VIII.
The Capital Stock may be'ncressed from time time In
Of Directors and determined upon BY majority, amount Of
stock held by Stockholders at meeting held for that
fifteen notice in OF the newspapers
The Company shall make dividends as often as the Board of
Directors shall deem expedient
ART1oLL x.
The Stockholders general meeting held for that
thirty notice shall of
threeourths of the of stock such meeting
power modification additions changes this
charter, or dissolvethe entirely.
ARTICLE
At the close Of this charter sooner # the majority of the
Stockholders It BEFORE they shall
Of their body Iqudating Commissioners have power
corporation sell Its effects and divide proceeds
amongst the shareholders.
Thus done passed in my office, in the said city
Orleans The of Hugh Madden and Ernest Petipan
witnesses lawful domiciliated iu this city
Sign names, with said parties and Notary day
and date SET forth in the caption hereof.
Original Signed
{gs G. u. KOUNS,
JOHN KOUNS by G. L. Korns,
BEN B. KOUNS,
W. 4. SCOVEIT, by Ben. B. KnUns,
E NOAH SCOVELTh by Ben B. Kouns,
j. II. RANfsBOTTOM, by Ben 3. Koins.
9@ @ HUGH MADDEN,
55s 80 ERNEST PETITPAIN
YEA tA5 D. l. RICARDO, Mt. Pub.
hereby certify the foregoing be true of the original
act Oh file in my records.
New Orleans, 9Th June, 1850.
jea law5t d. I. RICARDO. Notary Public.