New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-09-07
CHARTER.
TTNTTED srArEs OF AMERICA.
STATE OF 1ou1srANA-o1rY OF NEW ORLEANS.

STATE OF LouIsIANA-o1TY OF NEW ORLEANS
BE II KNOWN, that this twentyseventh day of August
in the year Lord thousand eigh hundred and sixty
the nneyarst before me Aphopse Barnett notary PUBLIC
in and for the parish Of Orleans state 9 Lonssns aforesaid
the parties whose are hereuno subscribed, who de
nte the State q Lopisans relative the organization Of
corporations in this State they have eovenauted and agreed
and do by the presents covenant and bind themselves
those whom they represent form themselves into and
constitute corporation the and purposes aud I'M
| der the stipulalions ana regulations following.
ARTICLE FIRST.
Fs BG and Nb s said AGsPPsny a9 Be the MFSE
domiciie hereby established at Agers in this parish aud
for ''''' ''' O0 S00H'' t"'"'" tt"
ARTICLE SECOND.
The for which said Company established and the
purchase construct and maintain Dry Docks for the build
e Prs dent os he aforesaid COMPANY shan s. to
wherein the said Company may be interested.
a....U ARTICLE THIRD.
SAND DOLLARS divided into Six Hnndrcd Shares OF one
the IN am9n ut Of stoee twenty FER Gent Of
the balance Thirty, Sixty and One Hundred and
Company Shah it's business as as the sum Of
Thirty i've Thousand Dollars shall have been subscribed for
ARTICLE FOURTH
The and control Of the Mechanical Breneh of
pany, and the Financial affairs Board of Five Directors
the 81 a nass ho @
hold their Office until their elected and qualified
lowing sfockholders John Geddes j. l. Barringer W
Office until the third Monday Of May 1857 or until their sue
elected and qualified the Directors shall hereafter
office of the Agent in New Orleans anshal serve
Board shall appoint two Stockholders to act inspectors
ARTICLE FIFTH,
Stakeholder shall be entitled directly BY proxy to one
os on s sai @ tG he aS ont no SGe
him or them within ninety days prior to such elections and
meetings.
The Board of Directors shall at their first meeting elect
one Of their number to be President Of said Company who
at all its deliberations and by whom evidences debt
signed Each member Of said Directors shall at the
e of his election aud during the continuance in Office hold
he may ho member taas ten shares OF the stock of said
ARTICLE SEVENTH
The said Board shall have power to make bylaws the
guidance of its officers and memer and appoint agent
The money his said agent t. acs as Treasurer Of
the s G9npsnE He shall gye for the faithful IF
amounts as may from time to time be determined upon by
ARTICLE EIGHrH.s
j. O. Mclean w Gerard hereby constituted and
appointed of said Dry Dock and Ship Yard F.
said managers to saperntend the construction Of the Dry
Dock Of said COMPANY uti its completion and to make all
is completion shall carry on tue Dry Dock and Snip Yard for
Charter unless removed for cause shown o vote Of o-thrs
in amount of the Stockholders meetngt be convened
money the Treasurer for the the Dock Yard
ha MsRe s fe and d e the shall I'd
fixed by the Board Of Directors from time 10 time, may
may be filled BY The Board Of Directors,
NINTH
The Board Of Directors shall make ali dividends they may
deem Ike Rde4 and p9pe The e.. to a
keeper be appointed by toe anagsrs by and with the
sent and approval of the Board OF Directors,
PARTICLE TENTH.
II member of tie Board of Directors shall
Stockhoder during his term of service his office shall be de-
clared vacant and in the event of the absence
the said Board shall have power fill vacancies occaoned
holders Ts said Boar shall nnualy on ;hs last
Monday of May and November Of each year Special meetings
ayers after due notice.
ARzIcLH ELEVENTH. .-e
a b. So b 81 @ Who The 5 and a
account Of all the business Of said Company, which
shall at al reasonable times be open to the inspection of the
detailed statements Of the affairs Of the Company
all transfers of stock shall be entered therein He shall
Of stock material hand balance sheet to be SUBJ
mitted at said meetings,
ARTICLE TWELFTH
All transfers q stock shah be made in the office othe Com
The Stakeholder assuming the conditions and
aud adopted by the Board Of Directors thereof
ARTICLE THIRTEENTH. .. .-
hAny dssd cd H. yBo sp Il nfse to @
omrenv all yrsyjanS NJ al aaia ~ he ~ ne
de IN said Company ana cease 70 De S'o'k