The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-05
ARTICLE FIFTH.

An powers of the Corporation shall be vested in Board Of
Directors Consisting Of eight persons each Of whom shall
ton Monday Of June A D. one thousand eight
hundred and sixty snd annually thereafter election
for said Boa Of Eght Directors shall be held Office
the Corporation of which election previous notice of
days shall be given in newspapers published Or
upon shall be sufficient to elect such Directors who
the st neeSng after their election shall choose Of
The PRECEDENT shall preside at all meetings of the said
inability the Board of DIRECTORS elect one Of their
the fun powers PresdsnI The failure to elect d.
eetor ,S soressd shall not dissolve the said Corporation
other election is held OF which notice shall be given
held p''''O anu 'NA eoI'nu' -H an election be
ARTICLE SIXTH.
The Board of Directors shall appoint Secretary and all
such CLERKS and Agen a. may be may remove the
ration and the amount Of security that shall be required
such bylaws for the management and regulation Of
the affairs Of the said Corporation may be necessary and
form quorum also officer thereof: and The
sad Board shall also have the power to m that
may occur therein BY death, absence nsHen any
ARTICLE SEVENTH.
Each shareholder at Al meeting: for the election Of Dsc
to enc vote on each share Of stock held by him.
ARTICLE EIGHTH.
All transfer Of stock shall be recorded office Of said Com
pany in beck of transfer TO be kept for that purpose The
new stockholder binding himself herself fact
and stpuaons Of this act and and all the rules regaa
lions or bylaws made and adopted in thereof
ARTICLE NINTH.
This Corporation be- and continue for and during The
term of years, from and after the these
thds Of its capital stock shall have been subscribed for
ARTICLE TENTH
The following named stockholders viz John Davidson
FTank W. ssymcur james ID blair Robert RoSers ann
james Nixon are hereby constituted the first Board Of D
rresiden said Board shall serve until SUI
perseded by their successors to be elected provided
ARTICLE ELEVENTH.
The Board of Directors may accept Professionally any
power or privilege conferred the Association BY
formed BY the adoption Of act OF the legislature
Snt ybs al screStsns Of ny nc5 n 01Ss Sl ia
be determined by vote of majority in amount Of the Stock
ARTICLE TWELFTH.
The liquidation Of the affairs Of said Corporation at the
termination If its charter IL determined upon BY
duly elected by majority in amount of the Stockholders at
meeting convened for that after sixty days pre-
The period OF liquidation the amount Of their compenss
ton as also all other privileges 20 be conferred upon said
holders may at such general meeting determine.
ARTICLE THIRTEENTH.
The StOckhOder their residences and the
respective number Of shares held BY for the
oeelaTo 10 DC sueh AS are ~ THIS ac and opposite
the names OF each respectively.
Thus done and passed in Office at Orleans afore
said Graham and George
Cenas witnesses Of lawful dOmciated "a
hereunto sign their names with the parties the said
notary, the day and Aforesaid
Original Signed)
JOHN DAVIDSON, X, FONTAINE
d. MUkHET W. SEYMOUR
NJ. +. BIGNY, JOHN LEEDS
W. d. MCCLELLAN TYLER
JN0. P. MANGO. Agent, JNo. HALLIDAY
JAS GRAMAMt
GO. CENAS \ ANDREW HERO in
Notary Public
OsignedD ANDREW HERO, in,
Notary Public