Natchitoches union. [volume] ([Natchitoches, La.]) 1859-1864, 1862-09-04

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salt manufacture and remove and disch
them at pleasure. He shall make, alst
The consent Of the Board of Director.
other contracts and any thing which he n
deem necessary for carrying on the business
OF the Company.
The said Raymond Thomassy hereby binds
himself towards the company TO devote
all bis time tHd practical skill TO the manu-
facture of salt, and also to use the privi-
leges granted to him by the Legislature of
the State solely anil exclusively for the bene-
fit Of the Company. In consideration of
these engagements and of his patsnt right
for his improved method of making salt, the
cayeat of this patent right being already
taken and hereby transferred to the Company
only for the State of Louisiana, r. Thomassy
shall be entitled to one-fifth Of the present
capital stock, say fifteen Thousand dollars.
which said one-ifth shall be increased in pro-
portion with the increase Of capital and his
salary as superintendent shall be SIX thou
safa dollars per annum, payable monthly !;
provided TINT for the increase Of capitaf Els
Bonus Stock shall not be entitled to vote.
NINTH.
The aforesaid salt works shall be worked
by slave labor, in preference to any other,
and anyssubseriptions Of stockholders will be
received in that kind Of property at their
market value, provided the number Of slaves
(women and children included does not ex-
ceeds thirty, when the capital of the COM
pany amounts to seventy-fve thousand dol.
lars. Subscriptions will be also received. nj.
ways at the market value, in materials and
any kind OF labor fit for carrying on the bust.
ness.
One-half of the amount of snbscr;ntion
shall be paid at the time of subscribing the
oil incorporation, and the balance after
three and six months, in two equal install.
ments, as the Board Of Directors shall adver.
after the manufacture Of salt shall have
commenced.
ELEVENTH.
The corporation shall go into operatition
soon as twenty-five thousand dollars os
stock shall have been sub cribed for. and tho
manufacture Of salt shall be commenced 6r,
teen days after the erection of the necessary
buildings and apparatus.
rwr rru.
The majority of Stockholders, in amount
Ind number, may dissolve the Compapv al
my time, when it ceases to be profitable to
TutRrrrvru
Mono IF tho n.o,,.,t a.aa,l-, ..
,rsos;ato. ~ paesou. ''ochio''efs' nor their
or liable for any greater loss or dam.
,re thon The omoupt of ~can;t,i .taal. lam
ned nv them rasnpc,ivalv 'o''o
"'' y "0n ,sspseu'e'y'
rho ,,.,;a, ~ oo IT,
,,,nna r. ~ :, s1 an'' "c' are hereby DC
oarmona Tham o' u wit. = = ~
s;orra a r;rana 30 shares
pn;r protber. 10 shares
i. lin Roeharoon 10 shares
T.,naa ~ naaaan ~ onafes
,]tan;slas PIassan ~ ohafes
n Rrvan !, y ohares
rery,,s Pan,;ston far, r,h ~ ohare5
.Jol,n 7 AJam,s g. ~ pn1
frev e. 70 Schmidt & zs;n,ar
~ Cayaroc g Co Eatta ~
Rr,naso .Job, T. Az"
6ne~ro,,e Rrntters A au@a;s'
Gar;orc A1r;an ncln m|'V ~,
onal g romSso, phnp,s X
Wood Charles, nerl,;una w;,
liam n Wrodet,hnro
Gr;ag g. 20 pasy,i' T;dn'i
.Jnbn G ua,n,o,t r E naa''
paraond Conrna ty p ,slh'
VIII Woo1 + p aaher'
and J. NJ. Morrow-each I eha.
ohm T.. Hodges. 4 sbaro.
IIa5.oa = ohares
,bn William Cormict = mares
w. Carol Thomas A ~
Adams. John Raw. ,Jasner
Gibbs, Allen s. B. Prior, Jo-
seph Henry & Co, Michael
Rovre Samuel Myers Hv.ms