New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-26
A Il T ICLE v.

ART1oLEv
All the corporate of his Company shall be exercised
9aoEnm the first Board be Of George l. Kous
T. seoys John John K Ib Ior IN, and Bsn B.
until lie successors shall duly elected and Of the r Mon
4ep o pe
Ba ct s A ee
ton Of the Stockholders each sockholde ha be entitled
brss 5 lie a Il c ns1 II m
sa a y Gs ea hsR
for that @ as an permit
the conpsy ho nave and receipt
fer all R all due By the the Gmpsy to e
the @ tie Company In The of Or sick
Of members President to serve during lie absence
ocknes the President and to him shall be delegated all
ME President shall Be the whom citation shall DO
months VIZ: on the rst sSsy Of the months Of April July
October January and the President es special meet
require the sas Meetings Of the Board Of Directors may
Ths President shaIi out the rst
the business Of the boats and the affairs of the
make full annual report Stockholders FIRST Mon
day hs %9a Of July Of s s!as po,ra
the Stockholders Of tile Company who shall beep an
directors and of the sockhods and the same shall be at ali
times open the inspection and examination of the sockho
At all elections each Stakeholder shall be entitled vote
have been transferred him within thirty days prior snch
election Mny sPPGnt Shs Of m to
PSy a @ have esn s s
0y III p osrd Of DreeoTs an * r.
of all persons them in the this Company
they shall make such bylaws rules and regulations they
the Of its affairs proded the same shall not CONFLICT
with this Charter the laws Of this State and they alter
buy and sell real estate and slaves for the Uses and
Of s 70 to borrow @ q
chase build be built steam vessels for the of
The Company.
ARTICLE VI.
the vacancy shall be up election BY the Stockholders
n.y. vacancy in the oSe Of President shall be filled by the
of Directors the first meeting Of the Board after such
Vacancy vacancy the office Of Secretary shall also Oiled
cb by eectn one Of the Siockhoder TO
Office The President of the Board shall have the power to
ry, herein provided for.
Certificates Stock shall Issued to the
Board and no shall be valid unless upon TIE
book and by the surrender OF the certificate
ARTICLE VIII.
The Capital Stock he increased from time to time IN such
m a aa npon by in
stock held BY sochoe at meeting held for h&t purpose
The Company shall make dividends the
Directors shall deem eXpedent
ARTICLL
The Stockholders general meeting held for that purpose
notice shall OF
theeorhs of the of stock such meeting have the
power any modification, additions changes in this
charter, or 0 dissolve the same entirely.
of this charter If the majority of the
Stockholders close it before they shall elect three
of their body Iiuudnting Commissioners, who shall have power
to close the corporation sell its effects and divide the proceeds
AMONGST the shareholders.
Thus done and passed my office, in the said city Of New
Oreaus presence of Hugh Madden md Ernest Petpaln
witnesses lawful age, dOmiciacd i'll this city, who herunto
sign their names with said parties and Notary the day
and date forth in the caption hereof.
Original Signed
G. Y. KOUNS,
JOHN KOUNS, by G. l.. Kouns,
BEN 3. KOUNS,
W. T. SCOVEI.II by Ben j. Kouns,
NOAH SCONEIiT, by Ben Is. kouns,
J. II. TRANSACTION, by Ben B. Kouns.
HUGH MADDEN,
ERNEST PETITPATN,
D. l. RICARDO, Nj Pub.
hereby certify the foregoing to be true Of the Original
act on file in my records.
| New Orleans 9Th june 1860 -
ie9 lnw5t d l. RlCARDO Notary FnDNc.