The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-27

NAVIGATION IMpR ov . MENr.
STATE OF IoUIsIANA-
PARISH AND CITY OF NEW ORLEANS.

BE IT KNOWN that this seventeenth day Of June, in
sRbi md If be noeDenaencs Of the United Stes Of Amer
Notary Public, in and the pah and city of New Orleans
State Of Lousns, duly Commissioned ard qus nd ad IN
iEbsd psrsprslly sd appeared the rites whose
hsrruntO suo.covd who seser.y declared thar,
avang themselves thu pcvsons Of the o. the
isIe q Louisiana relative % The gsn1sn q copoaions
BsIed snd agreed and BY hss -snts covenant ~
and bnd themselves aud ihOs- VII IN hey 20 70
-nen selves INTO anu u Coro ration for the objects
and under The spulstOus regulations fol
lowing viz: . -
ne name ard tile o s.d COrPSTstGpv han be TIE
PANY and the domic thereof shall be the city OF New D
ieaIs State Of Louhisn.-
ARTICLE SECOND.
The objects and purposes ct said Corporation the
vs 81 the bars ana the protection OF the ev-es the MS
sppi and ther yes the deesniug of the ran
nes Of rivers and the removal Of tidal bars ss" the
quieks,nds mtshy soils. BY the sp
rcrticn nj Man cos OGtson de Fer improvement In
kdwad Mnco by the Kingdom Of G-sa Britain and by the
nie6 st,Iss o. A%ses snd 81 suen chsr ans n ca,os
cred inytnd eonsuced aud OF which the si Corpora
T S Of he r Of breS said
shan be the officer whom citation may be served.
ARTICLE THIRD.
The Capital Stock Of this Corporation is hereby fixed
at the sum Il ElYE MlLLiON DOLLARS, repres :;
finy Dollars each, Of which one half Ten tn
spd ShsIes are reserved and - apart for the pu--
half Ten thousand shares, shAl he sub cribed and
Po 1ns e, ana ID ss sne manner . sU n ne
h nds Of the President uron the Comp>nys o'SAnisa-
q subscribed BY them; remaining
hundred and tSenly;hvs d-.i rs on each AID every
G mpuny ne es'ive nstalments Of I've DosFs Fifty
Cents share -four months, ate q rty dsys
public hal have heen giv Of e,eh sueh call o. tne
b'ad Of Iectois one moe newspapers pubsneh In
eact share. One Hurdrd aud sKty-tw' Dolls .lfty
,etts shall be payable on emsnd at The Once OF lid Com
gsn1Ao for busnts upon thirty days notice. IS the Board
Mccall ,halI !, any one time tn Tive
Drar PIT Cents share after the Of the FIRST in
liter the payment Of sad sTt n.,sDent uny d char &c
time her elf from all uTte i.bi tor the re naming
talnen. by declAr the Office OF said at
time and returning the said Company his oe< or th-
u,h ~e ~ Of fau stock hoideg t.
axe ch pawn. he called tor suh st 90 ho ds
by him her them ard stock shAIl the
id ompsny fO it, and benefit, and may be either
VI ARTICLE FOURTH
The Shares hs of thu Capital Stock
apart In he foregoing article shall belong
and John rsld-y or their assigns the pateute,s AID
assgpes ssd Csisson De Fer, Imp'Oveen in Marine
thereof said John Nance agent; thou
sDd Nv. hurdfes shares To AID i'd FoDtaine and
thousand shares shall rank equal with h-
rfceiNe OF ~
d. GIFTS of tte pany but payment of money sha
re rsquir hom the der thereof ether - msnts
asssst m or Otherwise All pEym.nis
fr eslei The Other stakeholder o-ins
considered having been slready paid by the hodes sail
eseryed shores b, Of the nser .ssg1
said Company BY ssd John M4ncO and said
dv ard ntaine and job Hanisy Of thsI rights and
ntsIerts said patent styled Oaisson de Fer
ImIr Marine Foundations" and the Tgat
he Fan e. and TO vshd II To
The Of he above sh and the sub bing O
their pames these Articles Association sha imp
a. part OF he raid JOhf hauico Agent, kdwar1 Fou
ains ana Jshn bEldsy and the do hereby tut aud
compete and assignment the
Corporal On then tights 10 Uaite
Stes of in and said disc very lou.
en Id Cassn de Fer o. 'lmprovemsat In lrine Fun
daUns the Patent granted therefor and 10 AL future
mproyemei upon the same.