New Orleans daily crescent., 1866-08-02


SECTION The first Board of Directors shall consist Of tbs
following Stockholders to-wit
Ie9rge G. Garner i John G. rarhan.
=. H. Faircbild. II +. o. Rosch.
| 5 E. b. Wilson. is j. h ogies6y.
| John D: Adams. 70 Robert L Adams.
! Charles W. NeWton. q n j. Thaxton
| 9 W j. Frierson y r r 4 Jy"n
| 70 ". II. Harmon. % 4. A. Yorke
il 4 ". BosEorth. Is EdFar istse4 stsseI
ID J. 8 Copes.
SEc They shall continue in office the second Monday
Of May, 1861 until their shall have been
duly elected and qualified and the Directors elect each
each year Thereafter or in the event Of failure to eject
hrst election on the first Monday after due election.
SEVENTH.
SECTION In all the vee shall be by ballot and
bs a'f lily e es 3D. Fl 3
election taking place on the day Aforesaid he
President shall ord mother election pare within ten
SEC Zach stockRolder shall be entitled ether In person
by proxy vote each ana every hare which he she m bsv
may respectively hold Provided that no ind ydGai or T9
snail be aowedto vote than hundred in his
own name or that Of his firm at election tor Directors
EIGHTH.
SECTION | The officers of the Company shall consist of
President NcePesiden SUI other officers the Board
OF Directors may DEEM necessary
and employees as are necessary to cOndct the business
SECTION The Board of Directors shall at their arst
M u sys eaF q ae o%Psny eae rom among %
until their office qualified Other
othcers deteTm ned according the bylaws
successors are elected and qua He'd ''-''i
ARTICLE NINE.
SECTION l. The President the Company shall sign all poll
manage generally under the supervision The
Board Of Directors in case of his absence the Vice President
ARTICLE TENTH.
SECTION l. 1t shall the duty of the President and the
each year OF the Company Be puohea in the
French and English Languages and TOR the term at least
one month"; full statement under OATH of the business OF
Company, which shall con,ain:
Tying what amount was received for fire. maritime and river
The amount Of Tossed incurred during the year specifying
what amount OF oe have been incurred under each of the
The amount Of capital stating the portion of the same in
vested in securities an" enature thereof
pany and in what those earnings consist,
ARTICLE ELEVENTH.
SECTION The cOmp;ny shall make to the assured such
return premiums in cash as the President and Board of D
tors may deem eNpedient.
Company the MT earnngs shall be dvided among The stock
holders pro rata and be placed credit their stock
until the same shall become fully li1uitated
3 When the notes of the ockhQders shall have fully
paid there shall be issued to each stackholuer
dey5s sTed hs ~ % az ip,ol an iartheF dyl
Soders IN cash It such times y lie X Bo5Ss ss 81 m
rectsrs,
TWELVE
This act Of corporation may be modified altered ar a,end
ed or the said Company dissolved meeting
stockhode to be convened for tue purpose alter Thirty days.
herein provided for with the of ourhs Of
the stock al such meeting and and such
modiheaons alterations amendments dissolution shall be
recorded and published according to law.
ARTICLE THIRrEEN
AT the time of the expiration Of the Company
provided for he affairs a said CompAfy shall iquidated
to be apponted the BGSrd Of beo 81 ass ss
who shall remain IL office until the final liquidation Of the
AKrrcLr FOURTEEN
The name and respective interests Of the Subscribers this
Thus passed in my once a. the city Of New Or
ssnes # MessT Frank n I p STqse Written IN pre-