New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-05-18
Articles Of Annexation;

NE sI55Gja s. E& ,j sHGE Co%F&ST % NAV q
oDtiOn of che Directors lave common seal OF such device Us
ART z The object and purpose this Corporation IS to
maintain the Commercial character and promote the ercan
ofcommoditie just ann equitable principles in
taas " es c 70 q ppSsS AID deaate Vnab bG5
nornaton prevent far practicable cJntroTer
trade Sno ID ar6ate ava settle the same whenever appeal
shaIl 9e MADE 60 II oi lus ~ { @
for hemeeting Of the Stockholders (and such
subscribers may be admitted therefor which shall be known
the Merchants Exchaqge,n and ct which Exchange
Goods Wares Merchandise Produce etc. may be bought
sold brtered exchanged transferred etc. sample or o'he
at The sum Of One Hundred Thousand Dollars represented BY
bs b. s o. eas e 6e @ PIX es
articles and the remainder such and at such times as
into operation when twenty thousand dollars have been
subscribed for The said capital stock nay h9T Se DC
sand dollars in the provided by law whenever ma
reduced in amount in like manner.
AFT AZ the corporate powers OF the aa a6 6S
thirty Directors, all of whom shall be stockholders, 70 pc
whom shall constitute for the transaction Of ous
ness The persons 50 selected 81 nod theF oSes 9 ne
present first term which is hereinafter limited
onGio tieasgtel o e o3 Who sha
may allow and shall hold their Offices situations subject
tor shall also have The power to iii vacancies their
body arising from any cause whatever and to make ADOPT
alter such by laws they think proper and
ecge such thsr powers o. ere Hereinafter ssted in them
Arr Toe President Of the corporation to be elected
hereinafter provided Is declared be the officer on
whom citation or other legal process may b served
meetings Of the stockhoder5 Of the Cooperation and also
the Board Of Directors and call extra meetings of the Board
whenever he may dean Hpeaent or upon the written re-
meeting Of the Stockholders notice the same being
Change and in two or more the city or at
wo days pseedng sven RefnS he ss aso approve al
Art It shall be the duty oil the wee FTesldents IN N
order Of their seniority Of ohce to perform the duties Of th
r @ IN case Of bis absence or disability and to exercise
ARP Tbe Board IF Directors shall hold stated meetings
the Monday Of each MONTH and oener If they hin
app6ntee good and sHfIcent bond conditioned upon tn
faithful performance his duties payable to the President
his in office The Board OF Directors shall also hay
Der Of the for misconduct business matters
breach OF contract false or heaus report ct sales or Po
GhaSe5 Or any other act contrary e. Eoo ah Snq ar ata
ing and report the same at an ed meeting
offending member No member Of the Association, hoTeve
shall be suspended OR expelled without having an opporn
g. Zion or expulsion Of members sllail be by ballot An
any member ha2ing been expelled shall be ineligible
membesip until the Board Of Dire tors shall think proper
( remove bis disability the Board o. Directors shall also
each annual meeting submit report q their Proceedings
tho pa year and o. the OF me Affairs o. the c9Tpor
ID ton They sa4l appoint standing committees OF &rGltrat
and Of appea and such Other committees as will in the
ton Such committees may adopt rules and regulations
their own government subject to the reprov q the Board
Directors and not CONTRARY to this charter and the rules Al
ART Tie shareholders shall meet annually for the et
ton Of officers and directors other bu
e. ness The second Monday Of December of each year
that date the the officers elected the time Of the
% % a 6 sea are hereby
eaTed to be the ceEs and directors Of tins corgoaon
"a their elected heretofore provided to wit
he CHAs BRIGGS President.
j. B BURISON, First Vice President
- s Il. Kennedy, Second Vice President