The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-17
ARTICLE FOURTH.


already been pai By the holders of reserved shares that
cSsS TS S he other psd them
per the Of the said reserved aha shall be
Ssd Sn u. obe 3 the sbS shah Ds rss As
stock which go hfy per cent has been paid and
equally paid the hOcers Of all shares in proportion only
nsaeni shah be due shall be entitled to receive any
The Of the above and the subscribing of
their names 70 these articles OF ASSOCIATION shall imply on
Petsrson full convey ance transfer assignment OF ali
their riEh the State Of Louisiana to their discovery
invention whether the patentab.e equitable and
to All future improvements 20. on the ssms
the said Company $1,000 Thousand dollars. a
for h,r expenses in past and future
mace up LIST By allowing them go hy per cent on the
eheT oSt Of he prosts Of the Company Or Ike pro
portion on future assessments.
ARTICLE FIFTH.
These articles Of association may be modified or altered
the capital stock be increased 70 exceed
provided by law with the Mt Of two thirds in amount Of
~ the stockholders obtained in general meeting convened
Whenever any of capital shall duly authorised
papers published in the city of New orleans thin which
time stockholders shall have the prve,e Of taking additional
shares not taken at the expiration Of that time be dis
but not at less than par value.
ARTICLE SIXTH.
An powers this Corporation shall be vested the Board
own IN his own right at least s2OO weuy.ve hundred
dollars Of the capital stock Of sAio Association.
ARTICLE SEVENTH.
On the first Monday IN April 1852 snd annually thereafter
the office Of the Corpor,t on Of which election previous
notice Of at least ten days shall be given in two
published in the city of New Orleans
ARTICLE EIGHTH.
plurality Ofvotes counting for each share of
upon) shall sucent to elect Directors
shall their first meeting after their election, choose Of
their number for President Of The Who h. be
citations and other legal process shah he served.
inss Of tie Board and in case Of bis aSsencs or nasy to
the Board shall elect ore Of their number tenn who
All elections shall be by ballot under the superntendeucs
prior any election in absence neglect
70 such Inspectors the President Of the Board y s
point others In their place
ART. GLE NINTH.
majority Ofthe Bosrd shall be necessary to form quo-
The Board Of Directors have power and are hereby
authorized buy sell such real and personal property
may be required Tor the use Of the Company.
ARTICLE TENTH.
The Board of Directors shall appoint secretary and all
eI1 and and Rsy 9 ss%s q and
amount Of security shall be required from any
officers and sai Board may also delegate pow
to committees their body their ocer agents
in and without the State such conditions as to them
shall seem proper they power to make by
Whenever the interests Corporation may require and
shall O have s suc p sSy :: That may
DEATH resignation want Of the requisite number
Of shares insolvency or absence without leave tor three sue
ARTICLE ELEVENTH.
Books for registry capital stock
shall be opened ano kept subject 70 the restrictions objected
said books aud signed BY the stockholder his attorney and
Should any subscriber to the stock desire transfer
previous to full having been made he shall be
70 90 50 Dy s 81 'es saSSpOn 81 the
tory TO the Board Of Directors
ARTICLE TWELFTH.
failure from any cause to elect Directors on the day
nsmed for that purpose shall rot dissolve the Association
eecoD Is held Of which notes 81 Ii be given as provided
for in Article Eighth, and continue until election
ARTICLE THIRTEENTH
Each shareholder at Al meetings for the election Of Dec-
tors other purposes shan be eptsd drecy BY proxy
all have owned his stock at least month prior the day
ARTICLE FOURTEENTH
This corporation shall for the twenty years
rem the date Of the recording Of this charter in he office Of
| the Recorder Of Mortgages in this elty
carried with only Onehaf Of its capital stock
ARTICLE FIFTEENTH.
The following named stockholders viz: George Foster J.
NJ Lapeyre C. +. Charley, Glendy Burke and Caleb 8
hereby constituted the hrst Boad of Directors who
Ppsden and sSd Board .SS serve until superseded By
their to be elected provided in Article Seventh
ARTICLE SIXTEENTH
The Board of Directors may accept Professionally any
power or privilege conferred this Association BY
Of TIE law under which the formed
ys tos scceOSns Of amy such power ad pSisSe shall be de-
mined BY vote of the majority in amount Of ths stock
holders
ARTICLE SEVENTEENTH
made three commissioners appointed BY the stockhodsrs
meeting convened for that purpose ser sixty days
raid qudtors persons residing in this city
not indebted TO the Asoeat on; helr tsI Of once sn
The period of liquidation shall be fixed. veil the
compensAton the Stockholders may By
resolutions, in general meeting nvened determine.
| ARTICLE EIGHTEENTH
The names Of the stockholders their residences
rumS-T Of shares held By each rsPseysy are ISs sn
opposite the names OF each respectively.
Orleans presepce Of AdOphe Blsche and Henry
nysms eOnPeeSs .t , who hsTs1S.0 ~; gD :as
| orisns signed: GEO FOSTER and others
| Notary Public
a NJ AHYAks. In.
tsi true copy 'f the original; CHS cuvELIrER
Notary Public.
HAw KINGS BRANCH
CORNER OF GRAv1ER AND ST. CHARLES.
| Opposite ST. Charles HOtsJ
RE-oPENED-A 3. CUSTER IN CRAR3E.
The rest brands Of LIQUORS and WINES, such as Hs-
sns has set forth Tor years. constantly On hand AIS