New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-05-24
TOWBOAT COMPANY.

StTATE OF sEANA-PARIsH OF OR
g. are notary public in and for the said State and PARISH
duly commissioned and qualified personally and appeared
the hereinafter subscribed as
stockholders who segeray declared that they do hereby form
among themselves and such others may hereafter become
with them Corporation the purposes herein
after defined and have and do hereby agree the following
EpuRtions to govern said association:
ARTICLE The name and title Of the Corporation shall be
1.-THE Eclipse Towboat Company and its dOmc is hereby
fixed in the town of Age in the said parish of Orleans
ARTICLE The purpose for which the Company is formed
and established and ne business to be carried is the tow
Mississippi river the said city and other places
above the Mississippi river which may require
ports on tie Gulf Of MsSco and The Lake shore and to Mobile
ARTICLE Ill Tie President for the time being Is the officer
on whom citations to all suits may be served
zed one hundred and thirty thousand dollars divided nto
thirteen hundred shares OF one hundred dollars each which
Stock to two hundred Thousand dollars
incident to corporations and authorized by law the term
Of its duration Is hereby ned at Ee years to from
Managers 9f whom the President tor the time being shall
all the powers Of the Corporation U'''.''
AETIoIE u Ar annual election of Managers shall take
December Of each year and until election to take
sxtyx the following named shall comprise the first
BOARD Of Managers to until superceded by the
ARTICLE VII The Board of Managers shall their first
poraon who shall preside at ali meetings 81 the Board have
casting vote in all its deliberations and by whom all evil
denceB Of debit contracts of the Company and certificates
stock shall be signed shal subject to the approval of the
BOARD OF appoint all Oces employees
control II the boats Of Ike Company any,; shall
keep the funds of the Company in bank in the city New
and 9uFS r. The aqg on PSPs y9gehs Fs
| power to make by laws shall confirm the appoint
nent Of all officers and employees of the Company,
Estate nay be necessary for the convenience of the
steanbca for the 1se Of the Copahyoa 6II iii
their Board and vacancy shall accrue absence from the
be Stoekholder from insolvency or inability
ART ~ Dividends Of the profits shall be made and de
| of he
Stockholders herein contemplated for the election Of Mana
ART Said Managers shall furnish, semiannually on the
first Of and hr OF March to each Stakeholder
do by Stockholders representing twohlrd Of the
named by said Stockholders; Provided Ten day
previous notice be given OF such intended meeting
| ART XII At Ill the elections and meetings of Stock.
holders each Stakeholder shall be entitled to many
ART XII. ON the Dissolution of the Company either by
voluntary act Of the Stochoaer5 Or by the aspiration of The
to eie and wind the business of the Company and for
and property Of every description public private sale
shall collect all accounts debts and claims due to the Com
from the date of the dissolution of the Company After pay
Rs be dqG a9 hf H. dividends
XII If g. The eTPo1 d Of The eF% Of the present
R5 9f paE rs y e e any ne5 SG m
tere then and in such case the act OF said twohrds shall
Article XIV This Corporation is formed under the act
legislature of this State entitled the Organization
S ad Mre fnq 3
and intended possess all the conferred by sale
and necessary and for the purposes Of its rma
through said Corporation for its contracts faults
further than the unpaid balance due the Company
Should any such be due on the shares owned by him
The Stockholders hereby heuchass Of the steamer
Greeley Switzerland and Jeanie RogerBn and the tug
"Leviahan GlsdatorF and "Perry,n and the operations
of said boats since their purchase by Mr.. Leach.
Thus and passed in my office, at the city of New
Orleans in the presence Of Felix Grma Jr, and Thomas
Henderson witnesses oflawul age and dOiciated th
city WHO hereuno sign their said appearers ant
me- notary this twenty fourth day of April in the year
our Lord one thousand eight hundred and SiXy-six
Signed PETER MARCY, and Others
FELIX GRTMA,
TH0S S. HENDERSON,
T Q. STARK Notary Public
copy of the original Act of Incorporation extan
among my official records. ~ -
New Orleans, April Is 1866.