The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-14
NAVIGATION IMPROVEMENT ..
STATE OF LOUISIANA
PARISH AND CITY OF NEW ORLEANS.

BE TT KNOWN that this seventeenth day Of June in
the year Of Lord thousand eight hundred and sixty
lea the ninety second, Before me- ANDREW HERO. Jr,
Notary Public In and tor the pah and city Of New ores
the presence Of the witnesses hereinafter named and undsr
are hsrsuntO subssrOed Who sesersy
aysng Themselves Of the provisions Of the statutes OF the
fOr Of pablo Improvement and utility
a as nS and and q sy hs s2
themselves into constitute Corporation for the objects
and purposes and under the puaions ana regulations fol-
ARTICLE FIRST.
The name and title Of said Corporation shall be THE
PANY and the domici shall be the city New Or
leans, State Of LOuisisnA
ARTICLE SECOND.
The objects and purposes Of said Corporation
the and the protection Of levees Of the Mss
n Of Sq and he Of tidal a. the sma
tion Of solid marine 9usdsOns Tor Lighthouses and other
pcstion Msnicos Cssson de Fer" improvement 10
Edas1d By the Kingdom Of Great Britain and By the
United st.ts Of America and Of such other nsenins
cred which Corpora
Gn 9y % &. oS 81 b sDS Of M Company
shsll be the oficer on whom citation may be served.
ARTICLE THIRD
a. the sum q Five MILLIOs DOLLARS, rsprsseIs
finy DolsTs saeh Of which one half VIZ: Ten ThcSs
Ss r. ss owns
half Ten Thousand Shares, shall Be subscribed and
fbs subscrii srs 70 the said shares shah pay
hon for ss Rs ON :ash sSd
share Of stock subscribed BY them; OF the remaining two
SaTe there h Ss pd IN at the os Of and to the SAID
Company successive nstalmers Of Twelve Dollars Fy
public notice shall have been given such call y tas
SoaS Of IN enc or IS s ,sSus d ne
each share viz: One Hundred and sixtytwo Dola-s ry
alter two wears from the date Of the said oOmpanys
gansson for business thirty dsysnOee as the Board
shall Al any one time be made for Twelve
sament q ten per cent and each and every
after the payment Of said hr.t nstsnen may dischase
nstaments BY decar at the ONCE Of said Company at
recept for aehinsIamentss paid In which
such well in Of failure OF any to
Ss forfeit ali payments the
on ~ him or her OF them ana sSeg s'IH a ns % ns me
'-'''D " ARTICLE FOURTH.
hs Ten Thousand Shares or one half Of the Capital Stock
John p Msnic agent Of Edward Msoico Edward FOntaine
Of said Gsi.son de Fer o. Improvement
IN II; uS OGSDS s FIVE tive , SOa
sand Eve hundred shares 10 aid Edsard Fontsne and two
said ten thousand shares shall rank equally
shares equsl Of the dividends from
s rsSU. q U the tST.o
rom or eso upon the obss
having been already paid by the holders Of said
reserved shares OF the transfer and assignment
unto Company by said agent John r. Manico and said
Edward Fontsne and John Halliday Of al their rights and
interests said Patent styled "OassOn de Fer
Improvement in Marine FoundstlOns and the right to
the same and 10 vend IL 70 others to use
shove Shares and the subscribing oil
their these Articles Of Association shall Imply on
the mart Of the p Manco, Agent, Edward Fon
Jshn Halliday and they do hereby make in and
complete and assignment the said
CoporAton of all their rights aud in the United
States and the said discovery and invention
entitled Casson Improvement In Marine FOun
Letters Patent granted therefor and 10 AL future
improvemeE Is upon the same.