The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-21
UNITED STATES OF AMERICA
srIrr or LOUISIANA, cnr or NEW ozLxAS,. J

ninety second. before me Edward Ivy notary public
leans, State Of Louisiana aforesaid duly cOmmIs
stoned and sworn personally came and sopearec NE
declared ihst avans themselves Of the provisions Of the
tom II copoIsoss IN this State they have cOvsnsne and
agreed and do BY these presents covenant agree and 6nd
sSes into ana eonsitss On for the objects and
purposes the spuatiOns regulations and Obgs
ARTICLEL
The name and title Of said Company be the "NEw
ORLEANS sIBAMsHIP COMPANY and its domicI z
continue for the term Of twenty nv from the
provided @ With
thereof
e object OF said company is to pro-
and MAINTAIN steamships TO constitute line
Of New Orleans and 70 trade between .aid city and any port
an NE AZ ant Soss or sS a s on
whom serve citations motto snf other legal process where
In the said Company may be Interested
ARTICLE III.
The capital stock Of said Company Is hereby hxed
Of Two HUNDRED AND FIFTY THOUSAND DOL
- Ne, eveso so shIs' o. r ~ las M a. bi
capital may be increased TO amount not exceeding one NIL
Ion If the should be required by twoIhirds capital
ARTICLE ".
The Affairs ofsad Company under the direction and
management Of Edward higgins who at time have
The privilege of .ssocatng with him pes ms from
provai Of the Board Control who shall Board Of
assist business
ARTICLEv
RycTToN l. The regular meetings Of the stock.
holders Of the Conway shall be held annually,
70, ncng the FIRST Tuesday in February 1863 At which
bs 10 serve ~ Directors Tor the ensuing year who shall con
uts and Board of Control winch the said Manager
SToue 6t before IL and until the election Of
S h Of o1o y Psmsr sH S% GR
PPT fasf ISTs,o J. Arm sFsoSG, j MCotosKE7
dissolve the said corporation, but the Board in Office shall
continue exercise its functions until He~ Board can be
SIC Three members Of said Board of Control shall con.
Bosrd hereby invested with full power adopt
such laws rules and regulations they may deem reqa
necessary for the Company the transaction Of its
aans provided the same shall not conflict h the true in
laws Of hs State Ano in the temporary absence Of the Man
ager they select Chairman to preside At their meetings
sell mshps fuel estate etc the
psny make contracts leases NOR CAGES hypOhecatiOns
and to Guild TO be built steamships for
SIC II any member of said Board shall cease to be
stakeholder OF said Company during his term Of service his
permanent absence resignation Of any Of said
board of Control the said Board of Control shall have
meeting thereafter of the stockholders for the election Of
SEo s. me said shall meet monthly for the
ssction Of business and the Manager NAV call them to
geher at time by giving six hours notice In writing
ARTICLE VI
sEcToHl 1t shall be hs duty of the Manager 20 keep,
be kept in bound books in the OF the Com
psny coec. record Of the proceedings ac
complete account Of the receipts and disbursements thereof
Keep cash account in ore Of the banks or banking com
pane Of Ibis city, subject to the approval Of the Board Of
be alone authorized and empowered checks
cOuntesgned BY the Secretary, and transact all banking
SEC. 2. i shall be the duty Of the Manager of said
whenever there required by them ali the cooks papers,
and & 70 ,sa CppsGy and also
detailed statement OF the business and affairs OF the Company
SIC In the event resignation permanent absence
dath Of the Manager the Board Of Control shall imme
dstey proceed to appoint Manager TEN who shall act
ps an s @s M s. If the e
elect manager from among themev who shall be subject
election .onusy hsTsatr and in hs case Of the tempo
shall have power TO appoint Manager pro tenn;
Compa, y the Manager may make report Of such
and hing a. he may deem sxpsdst and Necessary for The
stock in the said mpany sss be entitled to one vote on ali
syo s. The said Manager shall have power appoint
Secretary agents and other employees annually and oener
Board 81 Control sns be nay said agents
other employees At time without the sanction OF said
"O'~ ARTICLE VII
On the expiration of twenty 1--WE years
amsoy tie stocsSoidsrs capital shah have power
deteImne npsH the mode ef selling and dsp0sns Of Al
dec de and Ak the and conditions q the sale o.
It's affairs 20 the best advantage
| ARTICLE VIII.
Threeourths Of the capital
power wind and settle the business and affairs Of sat
any modAcsiisn additions or changes % this act on gvne
sixty Gays notice in two Of the newspapers published
this city.
An transfers Of stocks shall made once Of
that purpose The new stockhoder binding in
Of transfer to abide BY all the terms conditions and slip
made and adopted In pursuance thereof
ARTICLE K.
No stockholder shall be held liable Irresponsible
SSDo The Il, % 1: oS CT ind .s
shall any informAlity in the Eaten Of
exposing stockho any greater liability than thu
amount Of his stock therein
ARTICLE X.
The said Company and sued its corporal,
name and capacity plead be mpesded accordingly
ARTICLE Kill
The following named stockholders In said Com
and such entitled % the number Of shares placed
| opposite 10 their names respectively, to-wit:
NJ J. Smith, VIM. Creevy, Jno. Armstrong Thos B. Lee
StsuHer A Shropshire, John emberton Edwd A. York
Harmon DOane. 9. q Bradshaw, David McGOara Kennel
Dug >"' ARTICLE Kill
The Board of Control shall be empowered to receive fuhe
subscriptions said Capital Stock, until the
shall reached the aforesaid of million
| ARTICLE XIV.
This Association shan into operation the
Fifty Thousan Dollars shall have subscribed
And in conclusion the stockholders hereinbeore named
/
agreements ordained aud established by the present act, 70
the purpOses herebeore mentioned and 20 that effect only
| do hereuniO subscribe their respectively.
Thus and the city of orleans aforesaid
she month and first above written IN the
o Clark p Nee. Swain, competent witnesses VII
sign their with said parties and notary
.n Gss5S E. RG Smith S'f Brs sssH:S
ss kSGs,asy E E B,.dSS oTy D. Edward Higgins
| EDWARD IVY, Notary Public
| In presence Of Geo. Clark, p. Nee. swain.
EIRsT REMIUM AND GOLD MEDAL
| AUARnEn IN