New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-09-26
UNITED STATES OF AMERICA.
STATE OF LOUISIANA.
Par,.A of Orleans. city of New or,sa

September. in the year Of our Lord one thousas
Ssno Of the United States Of america 1 sss S
Public day and swUIn S
parish and city aforesaid therein residing. and
undersigned, personally came and appeared the III
| sons whose names and capacities ar9 heleunto III
| they or those woom they represent are stockhoSsN
| OF the nerehans Bank a corporation establisSH
That IN conformity I'm to Law and e the twsS
Of the said Bank Snder the name Us n snf
James Robb' passed before r. Charles ouvellieE
Noysmber, eighteen hundred and ffGy.seven, whA
| said name Of Bank Of james RobbH was SUBJ
present sppeistion By . resontisn Of the Board
Directors q the said Bank adopted at Their sttA
hundred and ftyeis6t and aPpgoVed Sb b. over S1sn
meeting Of said stocEhoIders held alter the Ss Il
and notice required by law, before Charles ou
day of January. eighteen hundred and fftynl
| the Board OF Directors of the said Merchants BsI
in The articles of association by adopting MAJ Nv
m9usly st their sitting Of The Seventeenth das al
ton whereof certified copy is hereto annexed chi
which is IN the words and figures following, TOW WI
call at the Banking House on Saturday the tweE he
foI two O'clock P n to Vote ' ''' ''0'A a iat
l.. On the propriety of further reduction Of all
| x On the prOpriety Of reducing the number car
shares, 50 as 70 convert them into shares Of enc D
g. On the propriety Of increasing the number, =
a. n order 20 tae eaPiss ea'
be represented byor divided into five thouAhN tne
That the said resolution was submitted 10 "a n
\ eral meeting OF the stockholders the said 81 ]
after the time and notice required by Jaw, and ~ .ho
at said general meetng. they, the said appraiis apo
representing and owning i've thousand seven a4hy
than two thirds Of the whole number which IS eiSa
the 6sp o exc Of tS s.S yG
vote upon and approve the sad resolution agreeinA
be reduced from two hundred and fiftyfour tho u,
and one hundred and sixty dollars, tS254 l6Ol ftlg
and four hundred and forty dollars IS is 400 its ASP
lual value and that the shares be thereby redu
twenty dollars tS90 their actual Value "a,
That the number Of said shares Of twenty e0n
shares of one hundred dollars lsl60 each. oer'
5. That subscription books be opened to incrss Arss
the number OF associates in order to raise the Sc
| tai Of the Bank from one hundred and sixty n Hon
five hundred thousand dollars S5OOOOJ TO be RED =
SET ted by or divided into five thousand shares I
lions in conformity TO law and to the resolualtS
ADOPTED By the Board of Directors of said Bank loo,
their sitting of the seventeenth day Of July, desE
shall be payable as follows, towt: twenty per "a
cent every month thereafter until paid in fuli
ihat az meeting OF the said Board q Directd
lowing resolution, whereof certified copy is herN
annexed, was unanimously adopted 70 wit. kru,
institution representing and owning over twoth ello
the Merchants Bank, to wit: FIVE thousand sev =
hundred and ty-eght-57s8-sharee have sut II
l. To reduce the capital stock from two hundr krea
and hftyfour thousand one hundred and sixty id
and four hundred and forty dollars sies, 40
To reduce the aumner Of shares so as te oonv ~
them into shares of one hundred dolars-$l0Oea mt
and she
Der Of associates SO tO raise The cap tai OF 10y
bank to i've hundred thousand doilars-SS00 0- N IL
5O0O-shares Of one hundred-SIOO each Tkxae
PRESIDENT % and ne Is hereby authorized u
and published according to law, and in aeeq
anee Herewith to issue certificates of EneY
capital stock Of said institution each Of the std ons
d @ po hse og e9sT S Si
twenty dollars $50 each, owned By him in the
capital of one hundred and sky nine thousand
hSSnrred and forty dollars Cslds4@ of said etc
Now, therefore the said Appearers for themsevALee
aud those whom they represent and for such oth aeo
as are or may hereafter from time to time be or New
come associated with them, do hereby coyenE
l. That the eapital of the said Merchants Bankt Tn
one hundred and sixty dollars s2 4eo, its piest tie
hSddreS ana fo9ty desT nu rs
and that the shares be thereby reduced from th
dollars go thel' present Inquire, to twenty doA Vn"
2. That the number Of said shares of twenty rat
lars $50 each be reduced to convert them Aot
shares Of one hundred dellar, 800 each. Aa'
~ sS6seTpi9s SSSs be pend for the
to rate the capital OF the Bank from one hundt
dollars Cslr0 $40 to five hundred thousand doll
(S5O1oO0, 70 be represented by or divided into
thousand 5000 shares OF one hundred dollars e IL
each; which sad subscriptions in conformity TO NLr
and to The resolution adopted by the Board "a
Directors of SAID Bank at their sitting OF the sew -
teenth day Of july 1853 shall be navsble a. foIol Ct
to wit: Twenty per cent on subscribing or inA "
diatelg alter and ten per cent every month thet
after until paid in full
4. That each of the stockholders be entitled d
Ss Ct one 6 hSndEod dollars fOo Ye
owned By him in the actual capital Of one 6und atra
Gna @ 81 's said 91T hqPSTsd and
s That ne names and respective interest OF aRpreI
9arties 70 this act pe as iolloNs, 10 Wiz; mar