New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-06-25
TOWBOAT COMPANY,

CTATE OF LOUESTANA-PARIsH OF OR
o Starke notary public ia and Tor the aid State d prsh
duly commissioned qualified personally and appeared
Stockholders vile eTorsy declared that they hereby form
after defined, and have and do hereby agges to a following
AR7igLE The Hame End title Ct the Corporation shall be
ARucLE H. The purpose for which the Company is formed
and established ami tne business be carried is the
9g Of vessels between the city OF rev Orleans and the passes
u the Mississippi river and the said city and other places
above on the Mississippi river to which vessels may require
be towed and to tow vessels convey freight passengers to
S Oh ne 59l e. eSIo ahg me !sEe 'Ag e ana to Mobile
on whom citations to all suits may be served
ARrlGLE ~ me amount OF the Capital Stock Is hereby
thirteen hundred shares Of hundred dollars each which
Stock TO two hundred t6ousand dollars
ARrCLE v The said Corporation shall possess all the pow
Of its duration is hereby nXed i've years commence from
Managers Of whom the President Tor the Tine be6g sbs
be Que which Managers for the time being shall exercise
ARrIoLE VI An annual election of Managers shall take
place at the Gomei OF the corporation on the first Monday
place the first Monday in December, eighteen hundred
poard of Managers until suverceded by the new
Board viz Peter Marcy James A. Lusk and joseph Leach
meeting elect of their number be President Of Cor
p1ra Win sa preside az a meetings 81 the Board nave
denees Of deb contracts Of the Company and certificates
Sl5leNr sltl SUBJECT % tue approval o. the
the Conran% bsi srnf tn tb 2eetS anu f(Ggyee$ o
Keep the funds Of the Company in bank city New
ARTIdLE vii. The Board q Mnacers shall have full
power to make by laws; shall confirm the appoint
and for the salaries may purchase lease such Rea
Estate as nay BE- Necessary Ter the convenience of the
Steamboats, for the Of she Companymay fill all vacancies
stng Of the Board Tor han month from ceasin
be Stoekholer. from insolvency on inability to serve
u his bnt 1n IA 81 r,
ared each year within month after the meeting Of the
Stockholders herein contemplated for the election Mana
ART X SAID Managers shall furnish semannuaIIy on the
statement Of the affairs Of the Company Whenever required
70 Do 20 BY stoekhodeFa reme3entng two-thrds of the
at the time named by said Stockholders Provided Ten days
previous notice be given OF such intended meeting
holders each s9ekhoder shall be entitled to as many votes
Arr XII. On the Dissolution OF the Company either by
er If SG 6 0i s @ Of S e ] OF the
to settle ana wind up the business OF the Company and to
and property Of every description public private sale
shall collect all accounts debts and claims due the Com
rom the date Of the dissolution Of the Company After pay
sb s IsG G an Hg &
Kill II at the expiration of the term Of the presen
further erm If during its existence any modification
alteration addition be desired by the like number and in
erest then and in such the Of said Wo-thrs shal
ARTICLE XIV This Corporation formed under the act
the legislature Of this State entitled for the organization
of Corporations for works ofpublc improvement and utility
approved March 18th, 1852 and reenacted March 4th S55
and is intended to possess all the conferred BY
acts and necessary and proper for the purposes its nma
ton and Stakeholder shall be aue responsible
through said Corporation for its contracts or faults in an
further than the unpaid balance due to the onpap
sh9ud any such be due on the shares owned by him
The Stockholders hereby the purchase the steamer
Creole switzerland and Jeanne Rogers and the tug
"Leyiathan Gladiator and Perry and the operation
of said boats since their purchase by Mr. Laach
Thus and passed in my office at the CITY of Ne,
Orleans in the presence OF Felix Grma Jr, and Thomas
Henderson, Witnesses OF lawful age and doncated t
CITY who hereunto sign their with said appeaers
notary this twentytOuTth day of April the year
Lord one thousand eight hundred and sixty-six.
(Signedl PETER MARCY, and others.
FELIX GRIMA,
THOS s. HENDERSON,
7. o. STARK Notary Public
true copy of the original Act Of Incorporation extan
among my official records.
I. 0. STARK Notary Public.
New Orleans April 25 1866