Natchitoches union. [volume] ([Natchitoches, La.]) 1859-1864, 1862-08-07

them at pleasure. lie shall make also, Win
the consent Of the Board Of Directors, al
other contracts and any thing which he may
deem necessary for carrying on the business
Of the Company.
The said Raymond Thomassy hereby binds
himself towards the company to devote
all his time und practical skill to the mantt-
Fartrra of salt. and also to use the prlyi-
Iepes granted to him by the Legislature Of
tbee State solely and exclusively for the bene-
fit of the Company. In consideration OF
these engagements and of his patent right
for his improved method Of making silt, the
caveat Of this patent right being already
taken and hereby transferred to the Company
only for the State of Louisiana, K. Thomassy
shall be entitled to oneJifth Of the present
canital stock, say fifteen thousand dollars,
Which said one-ffth shall be increased in pro
norton with The increase ofcapitll and his
salary as superintendent shall be six thou
sand dollars per annum, payable monthly
provided that for the increase Of capital his
bonus Stock shall not BE- entitled 10 vote.
NINTH.
The aforesaid salt works shall be worked
hy slave labor, in prefereneet TO any other,
and any subscriptions Of stockholders will be
received in that kind of property at their
market value, provided the number Of slaves
twomen and children included does not ex-
ceeds thirty, when the capital Of the com
pany amounts to ~scventy-flye thousand dol
lars. Subscriptions will be also received, al
WAYS at the market value, in materials and
any kind of labor fit for carrying on the bust
ness.
TENTH
= One-half Of the amount of subscription
shall be paid at the time of subscribing the
act Of incorporation, and the balance after
three and six months, in two equal install
ments. as the, Board Of Directors shall adver-
tise after the manufacture of salt shall have
commenced.
The corporation shall go into operation
as soon as twenty-five thousand dollars OF
stock shall have been subscribed for, aud the
manufacture of salt shall be commenced t-
teen DAYS after the erection Of the necessary
buildings and apparatus.
TWELFTH.
The majority Of Stockholders, in amount
and number, may dissolve the Company at
any time, when it ceases to be profitable to
them.
THIRTEENTH.
None Of the present stockholders, nor their
associates or successors as such, shall be res
ponsible or liable for any greater loss or dam
age than the amount Of capital stock held or
owned by them respectively.
FOURTEENTH.
The parties to this act are hereby de-
cIared to be'as follows, to wit
RAYMOND Thommassy - shares
Pierre A. Giraud 10 Shares
Puig Brothers - ohafes.
aIhin Roehereau 10 Shares.
James y. Denegre . ~ nnafes'
Stanislas Plassarf . . ~ ciaFes.
I'D BRYAN 10 Shares.
Fergus Permission, Carl hohn,
John /. Adams 4 Co, Pal
frey C Co, Schmidt & Zeigler,
c. Cayaroc & Co, Fatjo &
rrunaso. John |. Adams,
,t Ouevrouze Brothers, Antoine
Cariere, Adrien Delpit, Gil
ouel & Jamison, Phoenix N
i. Wood, Charles Derbigny, Viii
liam If. yredenburgh, A. d.
Grief g. Co, Paul Vidal,
John S. Maunsell, j. Frank,
Pargoud, George W. Parker,
viii Wood, J. j. Bryan,
and J. NJ. Morrow-cach. . Shares.
John 4. Hodges. 4 Shares.
r. Hodges. - Shares.
JOHN William Cormick. 4 Shares.
JOSEPH w. Carol Thomas A.
Adams, John Ray, Jasper
Gibbs, Allen s.. b. Prior, Jo-
seph Henry & Co, Michael
Bovce, Samuel Myers lIyams,
John Simms, Henderson Nc
Farland, Calvin fearey and }.
Il. Simmons--each. ... = Shares.
Alexandra Lazare, lIypoliteFil
io1, Henry NJ. Bry, james G.
Campbell, Phanor Prudhomme,
AmbroiseI Lecomto, A Sands
berg, Lucien ID. Coco, Ashley
Cawthron, Joseph McJarty,
Henry D. Shehcc, James A.
Mosley, Charles j. Pickett.
Henry Myers. Edward j.
Flemming, William W. Arm.
stead, Daniel Brown. James b.
Porter, Archibald w Baird,
Rosley & Stothart, B. n.
Hines, John Tooke, Duke II.
HAYES, r. johnson, J. Frank
lin Ford, Clinton II. Ards and
J.W. Quarles-each. / Share.
Making, in all, two hundred and ~sixtyeight
~ shares,of one hundred dollars each, amount
ing to the sum Of twenty-six thousand