New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-14
A RTICLE v.
HR-aHf p

Al he corporate powers Of this Company shall be exercised
2yoTgm the first Board be composed George L. Kouns
Kon NTH the r donsT z and BsS
until the shall be duly elected and Of the s Sion
charter an ELECTION s Be f fei f fur the
o. %n q who @ ssrys for one year from said
ton of the Stockholders each Stakeholder shall be entitled TO
any prevent the ELECTION a Of 3s BGar p
ha ssed By the G f@a s en new order
% brgose as Son as circumstances permit
the Company who shall have full power 10 receive and e
LII All md m n pay al. claims due BY the Company sign
mess s V he P 21 ire Top"Rg e Of aence
of its members President fern to serve nng IKE D"e
Or seness Of the Pres1ent and him shall delegated ali
The PTesden shall be the on whom citation shall be
T Inc 892d Of Directors shall meet every three
October and january and the President may call special meet
require same Neana Of the Boa e Dire c4pnny nay
pc called at the request Of any one Director any STOCK
d The re re- shall make ont on the FRS
business Of the boats and the a Of tb
Poseon to be submitted 70 the Board Directors who shah
DAY Th Of tn, the month N Of July Of every year
among the Stockholders of the Company Who shall Keen an
fGas record Of the p!ocseGss Of meetings Of h
times open TO the inspection and examination of the 8ockhod
At all elections each stockhoder shall be entitled to one vote
e"Sn share Of stock owned by him provided such shall
election stockhoGders appoint other ockhofers to rep
5snT dhG TIM at any meeting Of the q the
ever vote sad st9ckhode wond have been he
The Board OF Directors shall the amount of compensation
al persons employed by them in the service Of his Company
hey snail make such bylaws rules and regulations they
nay deem necessary for the of Company ana
with this Charter The Of this State and hey NAV
nn amend the same as occasion require They shall
poses of the Company to make contracts leases mortgages
hocAt1ons and compromises; to borrow and to
chase and build built steam vessels for The Qse Of
the Company N ~
ARTICLE VI.
In the event Of death resignation any of the Directors
n ner R2ee Of ten ay to be posted At oce Of
Board Of Directors the rs een of ' bo De ea BY The
vacancy by The election Of its members to iii he
BY Board Directors at the rsf pH , Of he s Bonr re ed
oo Hs :" e Ss BaP sd M 70 said
point Secretary PRO % to act until the election If Secrea
ARTICLE VIZ
Certificates of Stock shall issued to the
as ne Board Of Directors shall organize 1er this act and r
fSTGcae Sha be sged h he President and Secretary The
book and by tho surrender Of the certificate.
ARTICLE WIN.
Ine CaIa Stock may be increased from time TO time
Of hsGt"rs asd deermned gpon BY majority sTo3Ht
9ek ned o Niockho crs at meeting held for that purpose
after fifteen days previous notice in the city
The Company shall make S as often as the Board Of
Directors shall deem eXpedient
ARTIULL <.
lhe ockhoider6 at general meeting hold for TINT PURPOSE
after hrty days notice in newspaper, shall by vote Of
OF the amount of stock ut such meeting have the
power to make modification additions or CHANGES in this
charter, or to dissolve the same entirely.
ARTICLE
AT the close Of this charter sooner If the majority the
SoGkodes determine to close it before they shu elect three
q ner body Gunng Commissioners who shall have power
10 close me copoHon sell its effects and divide the proceeds
amongst the shareholders.
Fhus done and passed in my Office In the said city Of Now
oreaS III he presence Of Hugh Madden and Ernest Petpan
OF lawful age, d9mcaed III Ills city who h"rIno
sig" he names with said parties aud Notary on the day
aud date SET forth in the caption hereof
. Original Sigued,-
G. i. KOUNS,
JOHN KOUNS, by G. Konna
BEN 3. K0UNS,
W. 7. SCOVET.II by 3 H. y. Eorns
NOAH SGOVEI.Tn by Ben B. Kouas
J. Fl. RAMSROTTOM, ny Ben B. Kollns,
HUGH MADDEN,
ERNEST PET TTPAIN
u. [. RICARDO, Nj p d.
hereby certify the foregoing TO ben copy the original
act OIL file IN my records
New Orleans, 6th June 1886
t2o lMy5t =. I. RfCARno, Notary Public.