New Orleans daily crescent., 1866-09-29
CHARTER.
TTNTTED STATES OF AMERICA,
STATE OF IoUIsANA-oIrY OF NEW ORLEANS

i d
STATE or IoU1sfANA-clrY OF new ORLEANS.
year o our Lord one thousand e hundred sixty
six and Of the Independence Of the United States OF Amerc
for The parish Of Oreals State Of Louisiana aforesaid
tie parties Whose names are EereSGto sa6soriSed Who ds
ared that ayaing themselves Of the provisions Of the
corporations this State they have agreed
and Do b the presents covenant agree and bind themselves
cotitne corporation the objects and purposes
der the stipnlatons ana regulations following.
ARTICLE FInsE
II DRY DOCK AND SHIP YARD G0MPANY= OF ALGIERS
by which shal be known well and be sued II
shall exist for years from the date hereof anes
~ affairs shall be sooner h9pidatsd as hereinafter provides
q Article SECOND.
The purposes for which said Comp established and thu
# the business to be carried it declared b
ma sxaminins a Tansirino ~ RsvsT and
me Pres dent Of the Aforesaid Company shan Be tie
4 Wherein the said Company may be interested
4 ARTICLE THIRD
The capital stock of said Company shall be SIXTY THOU
SAND DnLARS divided into SIX Hundred Shares Of One
sum Of one aaadred Thousand Dollars by nsioii Of nj
sad Stock shall be paid the time Of signing and
the balance at Thry Sixty Ninety aud one Hundred and
Company shah It's business as soon hs sum q
Thousand Dollars shall have been subscrhedfor
,ARTIcLR FOURTH.
and control Of the Mechanical Branch of
py, and the Financial affairs Buard of Five Directors
as 90 6Fsaoqa " sb"
hold their office until their elected qualified
osshoidefs VIZ JOIN addes 9ossa j. l. Barfnsef W. W.
ocs until The third Monday IF MAY is6 Sr nnt thssr ue
cessors elected and quaed Directors shall hereafter
Office Of the Agent Il New Orleans and shall serve for one
year or elected and qualified The
ARrIcLE FIFTH.
At all elections meetings of the Stockholders each
stockhoder shall be entitled directly BY proxy to one
ye,e on each share Of stock he represents but Stock
olaer shan pc entitled to vote share transferred
meetings.
The Board Of Directors shall a their rs meeting elect
one 9t theft number o be President Of said company
vote a st eiberati6ns and bE eidenees e HIKE
contracts Of the Company and certificates Of stock shall
time Of his election and durnghe continuance Office hold
n hs own name 9Fin that he commercial house of which
ne may Dc member at sastten shares Of the stock of said
Company
ARTICLE SEVENTH.
The said Board shall have power to make bylaws for the
Guidance of It's officers mefnber and to appoint an agent
and fix the ees of sd agent for receiving disbursng
ths ii shan he faithful periormsaca of
my as g9od and sattsfae5oy security to such
the Board Of Directors. - =
ARrIcLE EIGHrH.s
Mclean and . Gerard are hereby constituted and
sehmitkey thereby appointed foreman Of the same The
ac Ss9s "a s to the eSnstructo9 Of the Dry
purchases and contracts for the building Of said Dock and at
&c sf8 81 lie %
aness shown By Of twohirds
that putpos The said Mansges shall cQunlesiga
money on the Treasurer for the Of the Dock Yard
tha Ali the
z their wages, etc The salaries Of the Managers shall be
required and vacancy Of Tie Managers, tie SANS
may aa fllsd BY the Board Of Directors.
ARTICLE NINTH.
Tie Board Of Directors shall make all dividends they may
y o the Board at all meetings OF the Directors Book
tesDe to be appointed by by with the con
snt and approval of the Board OF Directors
ART1CIE TENTH.
II member of the Board Of Directors shall cease to e
oekholder during his Of service his Office shall be de-
ssgnation q death of any Of sad Board of DTeetoTs
ald Board shall have power 10 fill vacancies oecasoned
qass ghs said Bead shall eet the
be called by President or al te reuuest Of he Man
gers, after due notice.
ARTICLE ELEVENTH.
All b books @ 9f ths Company except the Tessurar shall
rcount o all The business OF said Company which books
aa ss % osn f. se
stsled statements Of the affairs Of the Company for use
ssveEa
sfs stoet aSa b sn 20 Ffggrea, , ana
each meeting al and detailed account
stock ateris hand and balance sheet to be sub
tted at said meetings
AR4tonp r,yw1y4n
y aId h bons IL tra1sa - III II bn b Ten, VIZ fr g XIV
Tpose The new Stockhoder assuming the conditions and
platons and all any rules or bylaws made
F r NV = 9' = R4e 'isV' 4'
ARrlcLE THruTREsrn.
Any Eoekhnlder who shall neglect Il nav any
len ordered by tbs Board Of Drecors sal1 orfet to %
,pany all Dreyions payments and cease IL he Sfncs
lder in said Company