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


UNITED STATES OF AMERIoA.l
s1Ars or LOUISIANA, Orr or NEW ORLEANS. J
Kng-n Ina, on .a esy Of r: Sg n 2.
sn..s ..eosd Sssrs NJ Ea%.rs ~ pubic
ss.n., State Of u Louisiana aforesaid daily commits
sns sSd Who sssa ~
declared ihst sysns .heseves q me provisions Of the
Ton q cOirorsoss in us State they
rssd su do By hs p,sssns covenant As,ss and , one
selves RIO constitute On for the objects and
ARTICLE L
me name title 81 said Company shall be the "NBw
SsssS ss,sSbse IN he city Of New Orleans and hal
ctnue for the term Of twenty Nv. years from the
provided M 4 sh. have s cor seal With device upon
IhereoL
rhecssct said company construct otherwise pro
an n.s Of stsamsbIp 10 be owned and Controlled n the city
Ne Orleans and 70 trade between ssa city and any port
e @ 1G a e T.: SS
IN the said Company may be Interested
ARTICLE III
sun Of fEo HUNDRED ASB FiFTY fH8 SAND DOL
LARS dyised into shares Of Fifty Dollars each al Of Which
capital be increased 70 an amount not exceeding one mil
Hon. If the should be required by tvOshrds capital
ARTICLE ~.
TIE ss.s Ofsaid Company be
the pylses Of sociang with him one or persons
among s5s st9shhoders the Company subject 70 the sp
Agents assist rsnssctns the business Of said Company
ARTICLEI
sx-~,o. 4 Tn. ,.yular peatsngr of tina staok
holders Of the Contrary shall be bed annually, com
ss,Ps s s Hy in csp shah choose ave o. their
4 ~ gT tine P.Sng .sS 'ss con
shall be Chairman and entitled % one vote on all matters
sd the following named persons shall constitute the nrst
sGsEd 2 GSHsT0 V ssIfH SkEFV
Sac The failure TO elect DrectOrs aforesaid stall ne.
dissolve the said corporation but the Board Office shall
exercise It's functions, until Board be
SEC Three m bsrs Of said Board Of Control con-
.itute for the transaction Of business and the sad
such By laws rules and regulations hsy deem reqa
s s.a pSs r. R the S 81
tent I'D meaning Of th Act Of ncOrpOrsiOn With the
sger they may select Chairman preside thsr meetings
my sss % sn estate for y s Come
ps1y TO make eo11rse easss %osgsEes sypOthecst01
borrow and to Aud to be built steamships for
SEC Il any member Of said Board shall cease to be
stokhSde Of sad Company during mis- term Of service his
permanent absence resignation Of member Of said
board Control the said Board Of Control shall have
vacancies occasoned thereby until the FIRST regular
meeting thereafter Of the Stockholders for the election Of
SIC S. The said Board shah meet monthly for the tran
sse.ion Of business and ans Han.gs may cal them to
ARTICLE VI
sxcor II .haIl be the dutv or the Manager 20 kesu or
be kept in bound books In the Of the Com
pany, record of the proceedings, transactions
complete receipts
shall &c. As s-sase Of The COMPANY and
psnes Of this city subject to the approval Of the Board Of
Be sOn. authorized and empowered to draw eSscs to Be
countesgDed By the Secretary, and transact all banking
SIC Z. / shall be the duty Of the Manager Of said
required by them all books papers
and sssn s 70 ss and also
ted statement Of the business and affairs Of the Company
In The Of the resignation perm sbseucs
or sth Of the Manages. the Board Of Control shall i%ms
such until the first snnD meeting thereafter q the Stock
elect manager from among them:eves whO shA be subject
% M sns . sas sSa Ss GS1o
shall have power 70 sppoi.t a Manager pro tenn
things he may deem s1Psdispt and necessary for shs
took the said Company sa be entitled V one vote on ali
sSo s. The ssid MANAGER shan have power sppOiu,
ssc.ss, .sns and other annually. s0S e
Board Control he said Secretary agents
other employees time without the sanction q said
ARTICLE VII
On the expiration Of the twenty year,
smsoTsy tie ssoctScesrs IN capital shall have power
ueOG ne made q selling ~ al. snS S.P.ns az
sSS s aS e and S0Sdo2 q the a..
its Affairs 10 the best advantage
ARTICLE VIII
power affairs Of
Company At any time during It's sxistesee OF Of MAKING
sixty days notice in two Of the newspapers Published
ARTICLE TX.
An transfers Of stocks be IN the once Of the
Company and recorded in book Of transfer 70 be kept for
act o transfer to shids BY ali the terms conditions and slip
Nations q this act and all .. any 1ss regulations or bylaws
ARTICLE x.
No stakeholder shall be held liable Responsible
yono the amount Of his stocE in said Company
Company ha1. the effect Of rendering the present charter
Of stoekho TO greater liability than the
amount of his stock therein
ARTICLE xL
The said Company shah sue and be sued IN IT'S corporate
name and capacity and plead and be mpsadod
ARTICLE XII
Tn. following named persons are stockholders in said Com
pany entitled the number Of placed
oppos 70 their names respectively, to-wit:
s sS sTn. WI Gesy u SaS eso ~ Manson Lee
Stautfer A shropshire John emberton Edw'd A York
Harmon Doane O n Bradshaw, David McCOaru, Kenneth
Bell, VIM N Perkins. A siltenberger 4 Co.. Wlhslmus
ARTICLE Kill
The Beard Of empowere further
Fubscriptions said Capital Stock until the
scrbed reached the aforesaid Of million
ARTICLE XIV.
This Association shall into operation the
Fny Dollars shall have been subscribed for
And conclusion the stockholders heenbsfors named in
onhrmAtOn the Aforesaid stipulaons
ordained and established by the tof
purposes herenbefore utned and 10 that effect only
do hereunio Subscribe their names respectively.
Thus and passed at the city of New reans Aforesaid
day year r.t above written IL the presence
Of CLARK r. McC Swain competent Witnesses who
hereunto their with said parties and notary
John Pemeerson. Rignsy 60. geo; h.snson'
Jas. McCloskey, IA Bradbury, N D., Edward Higgins,
Jno Armstrong. Edw. A YOrke
EDWARD IVY, Notary Public
In presence OF Geo Clark, T. McC. Swsin-