The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-24
ARTICLE FIFTH.

An powers Of the Cooperation shS be vested Ia Bosrd OF
Directors consisting Of ,i.ht persons each q whom shall
ton On the fret Monday Of thousand eight
for said Ella he shall held
the CoTporson of which election previous notice of fifteen
leans STaSt o votes Counting one Sots for each share
voted shall be sufficient to elect such Directors who
the first eeng after their election shall choose of
number for President of SAID Board well of said Cor
Tbs PRECEDENT shall de all meetings of the said
Board or Of the Co5pors and in q his absence
pumpeI President tenn no shs Tor the time Oeng
ss shall The ad
but the Directors then in office shall hold until
other election is held OF which notice shall be given
held
The Board of Directors shs sppsnt Secretary and ali
such Clerks and be remove the
pleasure tx the salaries Of all officers OF the Corpo
any Of SAID officers and and shall make
such bylaws for the management and regulation Of
proper msjOrty Of the said ard shall be necessary
form quorum as also to elect Ossr thereof and The
occar therein BY DEATH absence resignation
ARTICLE SEVENTH
Each shareholder at all meetings for the election of Dr.c
tors other purposes tha be entitled fscty By proxy
to one vote on each share Of stock held by him.
ARTICLE EIGHTH 5000,
All transfer Of stock shell be recorded at ocs Of said Com
panyin book Of ransfr to be kept for purpose The
ofT terms
spusiOns of this act and and ali the rules egaa
ARTICLE NINTH.
This Corporation shall be- continue or and during the
term Of twenty years from and after the date OF these
presents, and organize for busiUtss
thds OF its capital stock shall have bees subscribed for
ARTICLE TENTH.
The following nsmed stockholders viz Johu d svidsou
Frank W Seymour, James ID. Blair Robert Roberts and
james Nixon hereby constituted the first Board Of Di
The said S a
prsedsd BY their to be elected rs provided in
ARTICLE ELEVENTH.
The Board Of Directors may accept Professionally any
any amendments OF the Law under which the SANE Is
formed by the adoption Of act Of the legislature
but The final acceptance any power or vsEe shall
be determined by of majority in amount OF the Stock
ARTICLE TWELFTH.
The liquidation the sairs Of said Corporation at the
s 1tocsRoder shall be- eondSctsG by three stocSBodsE
duly eeced by majority In amount Of the Stockholders
Vi us notice IN So nswpsp PUBLISHED in New Orleans R
The period of liquidation amount of eompeusa
qudstOTs shall be fixed in such said Stock
holders may at such general nesting determine
~. faa .s ARTICLE THIRTEENTH. .ts.
The names of the stcckhodsr. their residences and the
subscribed this act opposite
the OF each respectively
Thus and in my Office, at Ne Orleans
said presence of Messrs James Graham George
Censs Of lawful age domciated In this city,
their with the parties and the said
notary, tie day and aforesaid
Original Signed
JOHN DAVIDSON, x. FONTAINE,
ID. MUsHET, W. SEYMOUR,
NJ F. BIGNY, JOHN LEEUS,
W. II. MCCLELLAN, A. TYLER,
JNO. p MANICU. Agent, JNO. HALLIDAY,
]. y. NIXUN, and Others 3
JAS 0RAMAM,t
GO. CENAS i ANDREw HERO JR,
..t--r H.r ...r Notary uoic
A true copy from the original.
- (signedl rr ANDREW hero, JR
Notary Pubric