New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-17

CTTY or NEW oRY.Fs6 MI fY
1 y nd saqTn ths Viii ds II
RsgasnGs 6. ol sSG Bqitfa States s of A1e
d new ean y f Los1 aq sar Sl
ss G ibs eesss sad sworn sais
ny tat esGsrsa Vet
lon # tae s have % shs asa nj
Ind ihosa whom t7 e. Teg and
I Gofpo5stI9Ya fof the objects and
ARTICLE n. &
oLa 2aS GffF iss E ts 9N ~
| ARTICLE II.
b g5e u r} as,s q b.ess t aaa
ARTIoLE
The object Of tia Association z construct and a,pts.
e g'T Es IL y suitable .ur9nt
eags&r p3sr5 ana PriyeEs5 as aa
ARTICLE ".
ne cagss Stock q this Corporation hershy fixed al ope
h%a G q aas se s ct ean e
~ .Hs Is o. 5Ig these articles and the
Of Isetos provided that a ten per CENT a
sopGn 5a De called FOR q any time oftener
saGRd a ang y refuse neglect
interest thereon at the eight per cent Bet annn
@ esEse s51 e9 81 III e
pIeaors 70 Bssrs a e. q % n .he Ra q
shaFe Or shares upon which may be- due 20 81
tce thereof BY advertisement 9 a'ss ao-
AHT1cLE v.
rnfT
sa3on principal Henry Hart Frederick Wa
right of way FOR the aaa e he
New Orleans az per get passed before Fore yy
sixty ogae costfnct sa cs Road aaa
he ct I y a Ta t sra I'd 7
and ads part hereof and also hereby expressly
oSase fis the o a,a ana a5ssd to e paid by
The cash payment tentS-six thousand doars
b. hs said paehassrs shan bs applied he
B. sisws9n Henry Hart Frederick Winz and Patrick Irwin
sgsetivey far the said apply in The payment u
dollars for which fanissa lis
aq 2g957ts saeR i drawn himself aa9
dated The seventh iqy M ss,
R rse and ID f o 1ss Sat- It, Bsnk
per a9na from date until paid ahea aid notes were
Ee s s sa i'h B. s f s Soa.
maturity, according to their effect r.
ARTIcLE VI.
shall go into operation from after lie
ARTICLE VIZ.
Ts bsPfia9P s shall hags Cooperate Seal The device
cas and the name ofth Corporation traced thereon
ARTICLE vI1I. Z
s eepa sfoe 81 @ aF b modified
o millions Of dollars in the manner
1 general meeting thirty notice
city Orleans which ts sesksasas saa
ton amount their STOCK and any sharss not tsSe e
value. - $50. p pA
ARTICLE TX.
Al powers of this Corporation shalbe vested in Bead Of
dS s e9nsRg Of twfye each e whom
capital stock Of said Association. = y
ARTICLE <.
Hs 1h9 f2 sP iea fsd a E John
ors Sna amend Hene James
tie s3 M n IL saa vino
sh lad dnr ha fs ssVs aS @
VINO snail be elected as provided in Article Eleventh.
ARTICLE
On the third Monday in December eighteen hundred and
ohe and anngay Thereafter eetion for twelve Direct
ration Of which election previous Of at least ten dya
shall be given in two published in City Of New
ARTICLE XII.
plurality Of votes Counting vote for each share
their fI meeting after their Of the num-
majority the whole Board upon whom iii Citations ana
shall the duty the President to preside at oil meetings
q a ng s5a aa ca a. H. Or inability act The
s fGas ff s' f he ts who
all fs appoh h b BE Ry ps s III
Directory least prior to any election
| ARTICLE zIII.
form naOy Of an b9rd Of Directors shall be
corporate act except for the purchase of right cf y
which shall Of The whole Roara
ARTICLE XIV.
Any Director being abont absent himself for period II IL.
months esS may nominate substitute in his provided
i've shares Of e cnpta sock Of the 9n S man twenty
INT SAID substitute be elected By ts Board Il neets
ARTICLE Ky. b
The Board of Directors shall appoint secretary ard alr
clerks ana agents. and may move the pleasure md
amount of security that shall be required any said oices
~, SAID Beard ms delegate such
and appoint and Without his safs
s6s 6aye esRfa aas afs 3
may require it. and shall also have ~
eies that may occur IN their Board vacancies nay 81 vi
number Of shar insolvency Absence wthdnt eaYe III tires
ARTICLE XVI.
sds G fl Be the ane 5s aE Saa Of
books and signed by The shareholder attorney and bis
ssRedsacy but longer psad 4han ts sn
he an{ 70 M to bsyn sek 1
he shall be permitted do substitute Of he
ton satisfactory the Board DTector sh0'ep
ARTICLE XVII
m failure from any sps aus to elect Directors
bsS o Rf c IN nS Sse h hold eyer until another
Article L, and continued until an election is had. 4
ARTICLE XVIII.
Each shareholder all meetings election Of Directors
9a 96 oe ss sI be s s directly
holder shall vote in his hundred a
provided aso that he shall have owned his at least fbr
months prior TO the day of voting ~ ao
ARTICLE x1x.
No two partners whose subscription is in name of tho
commercial trim of which they
the time Directors of this Association nor shall nj
of this Company.
ARTICLE
Minutes of all the proceedings of the Board of Directors sba
be by the Secretary and verified President and @
and Secretary shall sign all notes. drafts cheeks
this corporation -
ARTICLE XXI
The Board of Directors may accept Professionally any poer
privilege conferred on this Association any or
the law under which the formed
act ordinance Of the Legislature CITY Council
but the final acceptance of such privilege shall
be determined by vote OF majority in the Stock.
holders.
ARTICLE
The liquidation of the affairs Association shall bs made
by three commissioners appointed by the
meeting convened for that after sixty
tice III published in New Orleans Said on-
dators shall be solvent residents of cy not
debted 10 the Association their office shall be ased.
all necessary shall be conferred them The ners
for liquidation shall be fixed well their compeusaon IN
such the Stockholders Resolutions in al
meeting convened, determine. s'i'4'
ARTICLE XXIII.
The and respective interests the parties to this act
are declared to be as follows, to wit: -
Names. No. of Shsres Ar,n,r+
Frederick Wntz. ...................- 1000 Inf nh
Henry Hart ........................ 1000 l0aDN0