New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-09-21
CHARTER.
STATES OF AMERICA.
STATE OF LoUIsIAEA-CITY OF NEW ORLEANS.

CAA8IEHs
limited STATES OF AMERICA.
STATE OF LoUIsIAEA-CITY OF NEW ORLEANS
BE IT KNOWN that this twentyseventh day of August
in the Of our Lord Thousand egh hundred sixty
the ninstyrs before Aphonse Barnett notary publ
In and for the parish Of Orleans State Of Louisiana aforesaid
duly and sworn personally appeared
the parties whose names are heeqnto subscribed who de-
taes Of the state Louisiana relative The organization Of
d % m IN a.e sney have eoyenanted End agreed
s9a Ga s e f S S and
der tte stippia1ions ana regulations following.
rf4 a. ARTICLE FIRsT
' 1 and N we # sad G9PPsny es be tie
4 a "a hsoe9y estaGssd Ct AgisT in hs parish and
Us affairs shall be sooner qudted as hereinafter provided
ARrrcLE SECOND
The for which said Company established and the
70 purchase construct and maintain Dry Docks iqr the build
The Pr dent Of the aforesaid Company shall be the proper
%sfen he s said d9mpany H sy be nteested
lG ta4 ARTICLE THIRD. s y" d.
The capital of said Company shall he SIXTY THOU
SAND DOLLARS, diYdsdinto Six Handled Shares Of One
spmof one Hundred Thousand Dollars bye majority Of all
said stocE shall be paid at the tins Of ssniH this act
the balance at Thirty sixty Nnety aud One HupdEed ana
I i 6sPes as soon as The Of
#a . ARTICLE FOURTH.
The management and control Of the Mechanical Branch Of
said Company shalt be managers Com
9sny and he Financial Affair." e B9aTd Of Eye DElsto3
constitute quorum to do buuesS which Dectas shall
TIE st Board Of Directors shah be composed Of the fol
9Tag VI W. I9hn s &saae RacngsT Y
Office unit the third Monday Of May 1861 or until their
be the first Monday May of each year the
Office Of the Agent n New Orleans End shall seryg for one
Board shan appoint two Stockholders toaet as inspectors at
ARTICLE FIFTH.
At all elections and meetings of the Stockholders each
Stakeholder shall be entitled directly by proxy to
holder shall be entitled 70 vote share transferred
meetings.
ARTICLE SIXTH.
The Board Of Directors shall their first meeting elect
shall preside at all meetings of the Board and hive casting
c95rac It Tie ompapy a 4 cecates IF stock KIN T.
signed Each member said Board Of irectos shall at the
in his name or in that of the house Of which
e be member at last ten shares Of the stock Of said
ARTICLE SEVENTH.
The said Board shall have power make bylaws for the
and tx the said agent receiving discussing
the omGhg lie ha give for he faithful
bis duty Treasurer good and satisfactory security, such
the Board Of Directors
ARTICLE EIGHrus
O. Mclean and j. W. Gerard are hereby constituted
appointed nsnagers Of said Dry Dock and Shin Yard and
Scbmtkey is HEREBY appointed foreman of tie same The
Dock Of said Conaay u.tl its completion aud to make all
purchase and contracts for the bnng Of said Dock and at
benefit of the Stockholders until expiration this
IN amount # he stockhDder atamee,fRs bs convened fo
tpupo The said Menage shall ensign all orders
They shall employ all %orkmen and discharge the md
fixed by the Board Directors from time time may lie
reiFed and in gag Of racaE Of the Managers the same
Article slsTu.
The Board Of Directors shall make all dividends they may
deem advisable and proper The Boqkkeeper secre
ecer = ID 9ooate bV tie a3aaers by and @ the con-
sent and approval Of the Board 0; Directors.
ARTICLE TENTH.
any member the Board Of Directors sh cease to be
claIed vacant and in tie of the Absence
the said Board shall have power fill vacancies accustomed
thereby until the fist regular meeting thereafter the Stock
Monday q @y ap NSyemRer Of each year Special meetings
ayers after due notice.
4 ARTICLE ELEVENTH.
All books Of the Company except the Treasurer shall be
kept by the who shall keep trGs and correct
shall a al times be open to the inspection Of The
detailed statements Of the affairs of the Company for the
G He shall keep stock AID book
atrAnsers of stock shall be entered therein He shall
Of stock and material on hand and balance sheet to
mtted at said meetings
ARTICLE TWELFTH.
transfers of stock shall be Office of the Com
pany led in books of transfers be kept for tina
purpose ThenewStockhoder assuming the conditions
spuations all any rules bylaws made
and adopted by the Board OF Directors pursuance thereof
ARTICLE THIRTEENTH
vRS shs o TO pay qny os tn %
COMPANY all previous payments and cease to be stock