The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-09
ARTICLE FIFTH.


All powers of the Cooperation shall be vested in Board of
own at least shares of the capita Stock Of said Corpora
hundred and sixty nne annually thereafter election
said Boa Of Eight Dirsctors shall be held at the office Of
the Corporation of which election Previous notice of fifteen
days shall be gwen IN two newspapers published IN New Or
voted upon shall be sufficient to elect such Directors who at
meeting after their election shall choose of their
number for President Of said Board rs well as Of said Cor
The Prs,ident shall preside all meetings of the said
the Corpora iOn and in of his absence
inability 10 act Board of Directors shall elect their
5 pro S h Tho Sr s hs s Osns ok
aforesaid shall not dissolve the said Corporation,
osber election is held OF which notice shall be given as
provided for and shall continue until election be
"''O' ARTICLE SIXTH.
The Board of Directors shall appoint Secretary and all
such Clerks and Agents be the
ration and the of security sha required
any Of officers agents. shall make and establish
tue affairs u the said Gofporaon as may Be and
proper majority OF the said ard shall be necessary 70
va Board have the power i'll any tn
may therein by DEATH absence or resignation,
O'D'' '''' ARTICLE SEVENTH.
Each shareholder all meetings for the election Drec
Oher purposes ha be entitled Dir ecty by proxy
20 one yOte each share of stock held by him
ARTICLE EIGHTH.
All transfer Of shall be recorded Office Of said Com
pany in beck Of transfer 70 be kept for shat purpose The
binding himself or hsre the mere fact
.tpustons of this act and any and ali the rules eguls
OF BY laws, made and adopted in thereof
ARTICLE NINTH.
This Corporation shall and continue for and during the
term Of years from aud after
presents and may organize for busiaSss
Thirds capital stock shall have subscribed for
ARTICLE TENTH
The following named stockholders. viz John Davidson
sISk W ssySGuE james s1s D. Blair Robert Roberts and
james Nixon are hereby constituted the first Board Of D
number S Proseen and the said Board shall serve Gnt sa
pseded their to be elected provided in
''''' H'- ARTICLE ELEVENTH.
The Board of Directors may accept professionally any
power or privilege conferred on the Association by
formed BY the adoption Of any new act Of The legislature
INT The nsI seceptanee of Wny such power or veye a
be ermined by Of majority in amount Of the Stock
D0'O'''' ARTICLE TWELFTH.
The liquidation the affairs Of said Corporation the
termination # Its charter, or II sooner determined upon by
duly elected by majority in of the Stockholders
meeting convened for that after sixty days
The period Of liquidation Of compenss.
on also all other privileges % be conferred upon said
holders may at such general meeting determine.
ARTICLE THIRTEENTH.
The names of the Stockholders their residences and the
respective number of shares held by each for the present
declared to be such are subscribed to this act and opposite
the names OF each respectively.
Thus done and passed my Office at Orleans afore
said presence Of Messrs james Graham and George
witnesses of lawful domicated IN this city,
hereuntO sign their with the parties and me- said
notary, the day and date Aforesaid.
Original Signed
JOHN DAVIDSON, X, FONTAINE,
ID. MUsHET, W. SEYMOUR.
NJ +. BIGNY, JOHN LEEDS,
W. II. MCCLEBLAN, A. TYLER,
JNO. p MANGO. Agent, JNO. HALLIDAY,
o. Nixon, and Others
JAS GRAHAM
GO. CENAs. ! ANDREW HERO JR.,
Notary Public
true copy from the original.
(signed) ANDREW ZERO, JR,
Notary Public