New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-09-06
CHARTER.
TTN1TnD srArEs or AMERICA,
STATE OF 1oulslAsA-olrz OF NEW oR1EANa

4 ESA6AAAS VIZ &ANAAIANASEA'
STATE OF LoutsIANA-oITY OF NEW oRLEANs
BE IT KNOWN that this twentysevsqth day of August,
six and Of the Independence of the United States OF America
ne and 81 he pS 81 oosa STATE
duly commissioned and personally came and appeared
that avang themselves Of the provisions OF the
Is S state they hsys Ssvenaned and
and do by the presents covenant agree and bind themselves
] @ Re oS and n9
der the sttpulasicns ana regulations following.
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% Az Np n E SePsoE Ps b Re fS5
BY which it shall se known well aud be sued Its
shall twenty five ears from The date hereof uIess
its affairs SHAH be sooner eudated as hereinafter provided
ARTICLE SECOND.
nature q the business to he carried BY deaed to be
70 putehas construct Dry DOCKS onliG
The Of the aforesaid Company shall be the
person en- whom to serve citations and othr eg@ process
wherein the said Company may be interested.
| - ARTICLE THIRD. D..
Thecqpal stock q said Company shall he SIXTY THOU
ssNp alyigeq into SiN anqeq shares Of one
sum OF one Hundred Thousand Dollars by majority Of s
stock shah r. paid tins signing this act, and
twenty Days after three days notice in writing The said
Company shall business soon as the sum OF
FOURTH.
The management and control of the Mechanical Branch OF
said Company shall be conGed to the managers of said Com
sn M e Financial aaT to Bard Of Five G.
constitute quorum to do bu iuess which Directors shall
The FIRST Board Directors shall be composed Of the fol
loving stSc4hoders viz: John Geddes u l. Barrnger, W
office until the third Monday Of May 1861 until their sue
elected on the rs Monday in May If each Year at tie
ONCE q the Agent in New Orleans and shall for
appoint two Stockholders toaet as inspectors
ARTICLE FIFTH.
At al elections and meetings ef the Stockholders each
seeeholder shall be entitled directly or by proxy to one
holder shall be entitled to vote any share transferred
meetings.
The Board Of Directors sha 81 their first s nesting elect
shall preside all meetings the Board and have casting
sRaI
time of his election and during the continuance in Office hold
IN his name or in that Of the commercial house of which
Company
The said Board shall have power make bylaws for the
and fix the fees of said agent receiving discussing
the Board of Directors
.t #&N @ ARTICLE EIGRTE.s
J. @ Mclean and " Gerard hereby constituted
sehmitkey is hereby appointed foreman Of the The
Dock of said Company until its completion make al
and for The building Of said Dock and
the benefit of the Stockholders until the expiration of this
in amount of the Stockholders meeting to be for
that pupos The said Managers shall coun' all orders
money on the Treasurer for the the Dock
Fhey sha npey FL sorkmen aud discharge the and
tie Board Directors rom time to tn as may NAV be
required and in ease of Seacy of the Managers the
may be hllsd by the Board of Directors
ARTICLE s1sTH.
deem advisable and proper The Bookeeper
ley 70 fne B9aEd a. s meetings OF the Directors said Book
sent and approval of the Board OF Directors
PARTICLE TENTH.
If member of the Directors shall cease TO be
cared and in the Of absence
the said Board shall nave bower To- iii aeaneis
theEeby until the meeting thereafter the Stock
Monday Of May and November ofeach year Special meetings
may be BY t President at the request of the Man
ARTICLE ELEVENTH
books Of the Company except Treasurers shall be
aept by me Book who shah keep trua and correct
shall at ell reasonable times be open the Inspection
dssssd ae i 6 s % es Sa
OF Managers He shall keep stock and transfer book
all transfers Of stock shall be entered therein shall pre-
pare Tor each semi annual meeting fall detailed
stock and material on hand and balance sub
nittcdat said meetings,
ARTICLE TWELFTH
An transfers of stock shall in the Office of the Com
pany and led in books of to be kept Tor that
purpose The Stakeholder assuming the conditions and
and adopted by the Board of Directors thereof
THtErEENrH.
ANY Stakeholder who shah neglect to pay any fnstasnt
hen ordered by tbs Board of Directors shall forfeit to the
holder in said Company.