New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-09-12
CH A. RTEIR.
LIMITED STATES OF AMERICA.
STATE OF LouIslAYA-o1TY or NEW ORLEANS

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BE 1T KNOWN, that this twenty seventh day Of August
py and of The u" ineUenencs OF he ned s
tue ninety FIRST before me- Aphonse Barrett notary PUBLIC
duly commissioned and sworu personally came and appeared
the p9rie3 %oSG names a heFeGnto sm6sGrbed Who de-
tnes of the Of Louisiana relative to the organization
corporations in this State they have cOyenaned and agreed
and do by the presents covenant agree and bind themselves
and those whom they 70 form themselves into and
der the stipulations regulations following
ARTICLE FIRST.
The name and title Of said Company shall be the MARINE
DRY D0Gk AND SHIP YARD COMPANY OF ALGIkRS,
dOmicile hereby established Agfers his parish and
IT'S affairs shall be qudaed hereinafter provided
ARTICLE SECOND.
The purposes which Company established and the
nature Of the business to be BY declared
TO purchase construct and maintain Dry Docks for the build
The Pres Of the Company shall tie proper
on whom to serve citations and other legal process
ARTICLE THIRD.
divided ntp SIX Manded Shares One
Of one GP aa Dc to
the Stockholders in amou mt Of Stock Twenty Per Cent Of
balance 6r SHY ney and One Hundred s and
Twenty Days after three days notice in writing The said
Thirty five Thousand Dollars shall have been subscribed for
ARTICLE FOURTH
The management and control of the Mechanical Branch of
pany and the Financial affairs Beard Five Directors
chosen from among the Stockholders three of whom shall
hold their Office until their elected and qualified
lowing StocRhoders Viz: John eddes j. l. B&rfnser w
+ Gerard Jos Gar3ygs 1hos Blois who shall continue in
are elected and qualified the Directors shall hereafter
office Of the Agent in New Orleans shall serve for one
sa1 9r Rn Their sGGeesGF are elected md qualified he
such elections.
FIFTH.
At all elections and meetings of the Stockholders each
stakeholder shall be entitled directly or 6y proxy to one
o9 On egGn snare Of stock he represents but no Stock
holder sinai! he entitled u vote share tran, iorr-d u
him r them within ninety days prior to such elections and
ARTICLE SIXTH,
one Of their number or sid Company Who
a de iberatons aud by whom iii evidences Of e6t
c2nracs Of ne Company and certificates Of stock Shall be
zine Of his election And during the continuance in Office el
IN his own name or that OF the commercial house which
Company.
ARTICLE SEVENTH.
The said Board shall have power 10 make bylaws for tie
sutiee q ~ officers ana members and 70 appoint agent
the money his posses sa agent to It'll as TREASURER Il
t4e COMPANY He shall give for the aithl performance II
4 an% a IEeasrer sood end satisfactory security bch
amo8ns n may from time to time be determined upon BY
ARTICLE EIGHTH;
j o Mclean aud W Gerard are hereby coostrtuto and
9pRotnet psnager q SAID Pr Dock and Shp Yard aud 4
sSid maaagers to snpSrsnd tie e"psuon 9 ~ ne is
osS p saia Gomgah pGt H semPIstion anG g make al
If completion shall carry On the Dry Dock and S Yard
HIS gemeAt q tne neefG9l4rrs Hn the aspiration of ie
Il amount Of The stockholders nmee,ins he convened for
money on the Treasurer for ths use Of the Dock Yard
They sACl employ all wgrhnen md discharge the same snd
fixed BY the Board of Directors from time time, may be
required and in case Of Of The Managers the
he I'll ID by the Board Of Directors