The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-04-25
NO. STEAMSHIP COMPANY.
KK........,.............. CHABTER
or THE
NEW ORLEANS STEAMSHIP COMPANY.
UNITED STATES OF AMERICA. !
sfAfr or LOUISIANA. Orr or NEW ORLEANS.

UNITED STATES OF AMKRroA.)
sfI1 or LOUISIANA. Orr or NEW ORLEANS. }
Be Known That on this eighth day Of February tn.
year Of our Lord one thousand sight hundred and
before men EDWARD IVY notary pubic
.n and Stat. tor he G and duly Sss Or
S1sa and Rs.s0Ds came and s.essTss tSs
declared hat svsins themselves Of the provisions Of the
sstutes state Of Louisiana relative to the orgsnisa
sgreed and do BY presents eOvsnsnt agree
hive and ,h1ss whom they EN- !. % them
psposss snd under the spustons regulations Aad cega
The name md ttle q said Company shah be the NEW
ORLEANS STEAMSHIP COMPANY and its domei e
twenty years
date Of these presents unless sooner dissolved as hsrenaer
thereof
The object aid company to construct or otherwise pro-
cure and msnts or more steamships to constitute line
New Orleans and % between ssd cy and sny eo
or ports On the Atlantic coast or Gulf Of Mexico.
s
in the said Company may be interested
ARTICLE III.
sum Of TWO HUNDRED AND Fifty THOUSAND DOL
RS divided shares Of Fifty Dollars each all Of which
capital be increased to a. amoun. not exceeding one mil
lion. the should be required BY twehirds capital
ARTICLE Nv.
The affairs Ofaid Company shall be under the direction and
snsg Of Edward Higgins who at time have
the privilege ssocatng with him from
prova Of the board Control who shall act as Board Of
Agents assist acting the business Of said Company
ARTICLE V.
SECTION !. The regular meetings OF the stock
m, neing On the ht Tuesday in February 1859 az which
meeting majority in capital shah choose Ave Of thsi, mum
Board of Control Of the said Manager
IL until the of
aid the FOL owing named persons shall the nr
PEsBERToN, J. ARMSTRONG, j. McOLosKEY,
dissolve the said corporation sst The Board in Office shall
continued exercise its functions until seE Board can be
SIC Three members Of said shall con-
ttuts quorum for the transaction Of business and the sad
sach by laws rules and regulation they may deem rsqu
affairs provided the the
tent ard meaning Of this Act Of Incorporation with the
ager they may select Chairman preside Their meetings
they sh. have power and s hereby authorized % buy and
psny make contracts leases hypohecatons
money and Guild be built steamship
SIC If any member of said Board shall cease to be
SSihasr Of sS Company during his s term seSc, his
s $3.50. ~ ss;a 49, - e ove VI sue yea. ~
Control the said Board Of Control shall power
meeting thereafter Of the Stockholders for the election
SIC S. The ssd Board shall meet monthly for the tran
sactiOn Of business and the Manager call them to-
gether at time, By giving six hours notice in writing
ARTICLE VI
sxcrroN Il shall be the duty Of the Manager 10 keep or
psSy correct record Of the procesdnss transactons S
counts, property. business and affairs well full and
He shall moreover act as Treasurer Of the 0omp my and
nsnes Of this city subject TO the approval Of the Board OF
Control in the and for sccOunt Of the Company and
sOuntergned By the Secretary, and transact all banking
SEC 2. 1 shall be the duty Of the Manager Of said
Company to exhibit caussto be exhibited to the sockhod
and documt 70 sad Company and also
submit 70 tsem on or before the twenseh OF each month
during the preceding month :
or ,sh Of the Manager he Board q Control shall i@ms
dstely proered TO appoint Manager tenn who shall
S ss iss
IN .Ss n Ss
rsry Manager Of Control
$40 t the annual meeting Of the stockbOiders Of the
CO%ps the Manager may make repOr' Of such matters
interest Of the mpsny, at which Getting each share Of
stock in the said mpany sail be entitled to vote all
SIC S. The .sid Manager shall have power to appoint
vacancies should occur, subject TO The approval the
Board. '' ~ ''''''
On the expiration OF the said term Of twenty Eve years.
herenbeoe agreed for the existence of said
amaority Of the stockholders in capital shall have power
the property effects belonging Company and also
dec de and ox the terms and conditions Of the sale
Its affairs 10 the best advantage.
ARTICLE VIII
Ihreecurhs Of the stockholders In capital s have the
to wind and settle the business and affairs of said
any odAcatsn, additions or changes 70 this act on giving
sixty days notice in two Of the published
ARTICLE TX.
An transfers Of stocks shall be made in the once Of
COMPANY and ssoTSa IL SSck Of snSn e Be kept %
act Of transfer to abide By all the terms conditions and %
made and adopted In pursuance thereof
ARTICLE K.
No tockholder shall be held liable responsible
for the contracts, or faults Of said Company, be-
Company have the effect Of rendering the charter NULL
Of exposing stOekhOl to greater liability than the
ARTICLE XII
The said Company shall and be sued IN its corporate
and capacity and plead and be implicated accordingly
ARTICLE XII
psny such entitled the number Of shares placed
s%Ms. VIM crssSy Jno' armstrong Thos B. Lee
Geo. @. Garner, J B. sursOn Geo ". Manson, H.
Harmon Doane. q IL Bradshaw David McCosre, Ksnnsti
Bell, VIM Perkins, A. Mitenbergsr Co, Thhemus
'- ~ ARTICLE Kill
The Beard Of Control ,ha be empowered to receive further
subscriptions said Capital Stock until tbs sub
scrbed shall have reached the aforesaid Of million
ARTICLE XIV.
This Association shall go operation the
Fify Dollars shall have been subscribed
And in conciusion the stockholders named
the aforesaid tpulstions, AMI
ordained and established by the present act for
hereDbefore timed and to that effect only
10 hereunfo Subscribe their names respectively.
Thus passed the city of New orleans Aforesaid
the day month and fret above written In the
Clark r. McC. Swain, competent witnesses who
sign their with said parties and notary
John Pemberton, r. Rignry, Geo. W. Manson,
William Creevy, Marshall Smith. c. n Bradshaw,
Jas McCloskey, ia Bradbury, NJ D. Edward Higgins,
Jno. Armstrong Edw. A. YOrke.
EDWARD IVY, Notary Public
In presence Of Geo Clark, p. McC. Swain.
EFT U(ATUONAI