The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-14

BE Known That this eighth day OF February the
and Of the independence OF the United States the
sns S be- 6 Ss sns Pss '0
lrsns, State Of Louisiana aforesaid. duly comm,s
parties her mater named asf undersigned who sever.ly
Of The Of Louisiana e-tvs to the organisa
ton Of poratops in this state they have covensnted and
tSs md those whom they r.prsssa, % form them
and uSS Ss re- Ss s sSs os
lions following. to-wit:
ARTICLE
hs name and E q s,d 5S%Ps%y shah Be- she "sET
hereby estsbshsc IN The city Of New o'le-ns and II shall
dale Of presents unless -Ouer dissolved a. hereinafter
provided for shall have seal With device upou
hereof anu 'H' name d INC company Dp'n 'n'
AR ICLE II.
object Of said company 70 cousuc. orOthsrw', pro
nes Of steamship to be Owned sd ntrole In the city
orp rts the atlantic Gulf of Mexico
manager o. .sd emp my shall be tie proper person On
in the said Company may be Interested
ARTICLE III.
The csgts ..ek Of ;sS Company Is hereby s.sd =. the
LsRs. divided into shares Of Fts Dollars each all Of shch
be paid or before tho signing of these which
lion the should be required BY twohirds capital
ARTICLE ~.
The affairs said Company direction
manag emsnt Ed~-rd higgins who at time have
among The st1skhOders the Company SUBJECT to the ap
Agents assist Company
ARTICLEv
SECTION /. The regular meetings Of the stock.
holders Of the ComIs'y shall be held annually, com
nesting msjory in capital shah choose av. Of their mum
Der Directors or the snsung year who shall con
shall be Chairman and entitled % one vote on all matters
aid the following named persons sail constitute the first
Beard Of Control viz; :. J 3 18th VIM OREEVY, ].
SIC The failure Directors aforesaid shs
dissolve the said corporation bat the Board IN oet shall
continue TO exercise It's functions until Res Board can be
SIC Three Numbers of said Board of Control shall con-
stute quorum for The transaction Of business and the SAID
Board hereby invested with full frame and adopt
and for the Company the transaction of
affairs provided, the shall conflict nth the in
meaning Of this Act Of Incorporation. with the
laws OF this state Ano in the temporary Of the Man
they shall have power hereby authorized buy
FELL steamships ue real estate etc. for the II the Com
and COMPROMISED fix salaries of officers employees to
borrow snc to ud to be built steamships for
SEC 4 any member of said Board shall cease be
Office shall be de- AIRED and in the Of the death
permanent absence or resignation Of any member Of said
FL occasioned thereby until the first
meeting thereafter of the Stockholders for the election of
SEC s. Tbe sad Board shall meet monthly for the tran.
ssetion Of business and the Manager NAV call them to-
gether at time by giving six hours notice in writing
ARTICLE VI
srcrosl It shall be the duv of the Manager TO keep OF
to be kept in pound books in the name Of the Com
Counts property business and affairs as well as full and
complete account Of the receipts and thereof
keep a cash Of the banks banking
panes Of hs city, st3ct to the approval of the Board Of
Control and for Of the COmpa0y and
be alone authorized and draw checks be
eOuntsgued BY the Secretary, and transact all banking
SIC 2. 1 shall be the duty Of the Manager Of said
Company to exhibit be exhibited the SockhOd
whenever thereto required by them all the OOOk papers,
and beOugns raid Company and also
detained of the business and affairs the Company
&c In the event the resignation perm absence
sth OF the Manager the Board Of ontro shalt mme
as such the rst meeting Hereafter Of the stock
sode az Which meeting the stoekhOders shat proceed 70
election annually thereafter and in the Of the tempo
sssr have power 20 sppoist a Manager tenn
SIC At the annual meeting of ths Stockholders Of the
sndhings he deem expedent and the
interest Of the mpsny. which Getting each share Of
stock in the said mpany sail be entitled 10 vote all
matters brought before II.
Secretary agents and other employees annually and osner
s6o1d occur subject TO t9s sppsoy. o. the
r other employees at any time without the sanction Of said
ARTICLE VII
On the expiration Of the said term OF TWENTY-FIVE years
herenbefore agreed upon o the existence Of said Company
snlo tns ~ SSp.@ shsn nave power 70
property and effects belonging said Company and
disposition thereof and fnay Of winding up aad QUidatn
its Affairs 20 the best advantage.
ARTICLE VIII.
ThreefOurths capital shah have the
Company. at any time during its exse-ce, Of making
any modihcatsn aodns or changes 20 this act on giving
sixty days notice in two OF the newspapers published
this city,
transfers Of stocks shall be made IN the once Of ths
Company and recorded u Of transfer kept
thai purpose The stakeholder binding himself said
ustlons Of this ali any rules regulations o.
made and adopted In pursuance thereof
ARrIcLEx.
No sockhoder shall ever liable responsible
Tor the ss stock q id ,. GSGmPsay be
shall any inormAlty the organization of sad
or Of exposing stockho any greater liability the
amount Of bis stock therein.
ARTICLE XII
The said Company shall sued its corporate
and capacity and plead and be mpleaded accordingly
ARTICLE XII
The following pamed persons are stockholders in said Com
pany and such entitled TO the number Of shares pscd
opposite o their ham respectively, tO-wit:
q s Gser WI Srs0 aD eo an nSs
Staufer, Shropshire, John embertOn Edw'd A: York
Bell, VIM Perkins, a. Miltenberger Co., wLhslmus
S'sar'' and others ARTICLE XIII.
The Board Control be empowere to receive farther
TO said Capital stock until the sno1n sub
bcflbed bnau sum OF
ARTICLE XIV.
This Association shall 90 into operation the
OF Fihy hous- Dollars shall have been subscribed for
in conclusion, the stockholders hereinbefoe named
confirmation Of the aforesaid stipalations
ordained and established by the for
hsreibbeOre timed aud TO that effect only
do hereuuio Subscribe their names respectively.
Thus done aud passed the city Of New "reans aforesaid
the day month fret above written. IL the
Of Clark p Nee. Ssan competent witnesses. who
hereunto their with said parties and notary
yohn i. PsGSsSn EgI Smith 'T s,s s.PSn
Jas hctloskey, IA Bradbury. N d.. Edward Higgins
Jno. Armstrong, Edw. A. YOrke.
EDWARD IVY, Notary Public
In presence Of Geo. Clark, =. Nee Swain.