New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-05-23
ToWB0AT COMPANY.


CTATE OF LOUGsIAEA-PARIsH OF OR.
STAKE pab IN and o ne sS sae and eh
duly commissioned and qualified personally and appeared
whose hereinafter
sockhodes who seyery declared that they hereby
among themselves and such Others hereafter become
associated with them, Corporation for the purposes herein
after defined and have and do hereby to the following
Btipulations govern said association:
ARTIeLE The name and title the Corporation shah be
fxed in the iowa Of Ager5 in the said parish # Orleans
ARTICLE IL The purpose for which the Company is formed
and established and tGe business 70 be carried is the
OF tho Mississippi river and the said city and other places
aboveo the Mississippi river to which vessels may require 10
ports the Gulf Of Lake shore to Mobile
ARG ri a Pssdn IN ~ m Ssn oes
whom citations to all suits may be served
xed one hundred and thirty thousand dollars divided nto
thirteen hundred shares Of one hundred dol each which
have been full paid with privilege Of increasing the Capital
Stock to two hundred Thousand dollars.
incident corporations aud authorized by law the term
Of its duration hereby nxed at 6Ee years to enc from
Managers Of whom the President for the time being shall
ali the poTes Of the Corporation ~ 'l 'lS 'I SAS''S'
AErotE VI Ar annual election Of Managers shall take
December Of each yea and until the regular election o take
xyx the following named persons shall comprise the first
poard Of Managers 70 until Superseded by the
Board viz Peter Marcy A Lusk and Joseph Leach
Article VII The Board Of Managers shall their FIRST
casting vote ali its deliberations and by whom all evil
stock shall be signed shall subject to the approval Of the
board OF Managers appoint all olceB
opo he fS he boS Boa 81 Gompany a
keep the funds Of the Company in some bank in the city New
and @ he che BeaS q SsnagsF 6s have
| power to make by laws; shall confirm the appoint
inent of all officers and employees Of the Company,
Estate nay be necessary for the convenience of the
Steamboats, for the Of the Companmay Gil all vacancies
in their Board and vacancy shall accrue absence from the
be Stockholder from insolvency or inability to
ART * Dividends Of the profits shall be made and de-
! 4
Stockholders herein contemplated for the election Of Mana
X Said Managers shall furnish semi annually, the
first Of September and first OF March, to each socEholder
statement the affairs Of the Company Whenever required
do by Stockholders representing two-thrds OF the
at the time BY said Stockholders Provided Ten day
previous notice be given OF sueh intended meetag
XII. At all the elections and meetings of Stock
holders each Stakeholder shall be entitled to many
ARE XII the Dissolution of the Company either by
youpt2Ty at Of the soeThoiae5s Or by he o. tg
settle and wind the business Of the Company and for
md PROPERTY Of every description at public or sryate sale and
shall collect all accounts debts and clms due to the Com
rom the date Of the dissolution of the Company After pay
shah be- declared and dstributedt to thu soetGoideTs
Art XII If a. the s%PTo1g Of The tern q the present
S II an5.g + & NE a s nSnoa nS N
ter then and in such case the act of said thirds sha
helegsature Of this State entitled act the organization
Of Mons F Bor g public and qty
and 1t intended possss all conferred bv sale
and necessary and proper for the purposes of its rma
Stakeholder stall be iale responsible
through said Corporation for its faults
furthr than the unpaid balance due the Company
should any such be duel on the shares owned by him
The Stockholders hereby the purchase Of the steamer
Grehlen switzerland and Jeanne Rogers the tug
"Leviahan - Gladiator and Perry" and the operation
ofsaid boats since their purchase by Mr.. Leach.
Thus Bnd passed in my Ofre, at the city of New
Orleans in the presence Of Felix Grma Jr, and Thomas
Henderson Witnesses lawful age, and doiclaed in thi
me notary on this twenty day of prl in the year
our Lord Que thousand eight hundred and sixty-fix
| Siene6 PETER MARCY, aud others
FELIX GRIMA.
THOS. S. HENDERSON,
/ t o. STARK, Notary Public
true copy of the original Act of Incorporation extan
among my official records.
New Orleans April IS, 1866.