The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-11
n. q. sTEAMsHip COMPANY.
EEw ORLEANS STEAMSHIP COMPANY.

UNITED STATES OF AmERIoA.l
sfArz or LOUISIANA. Orr OF NEW ORLEANS. }
Be Known, That on this eighth day February in the
S q Il Y, Lord one H. sun 6D spd e.
as men, Ed%.d D' nos public
and ,:i sSs csy and r...p Rev q
stoned ns gssO.sy and sp.srss The
4: e 70 sSs
Agrssd do b. eovsnant sgrss bind
HS n and % hoS Ssy @ !. As
and under the stpuatiOns regulations and Obsa
oFs Az I. fa SSTp-S{ sha and ?:
asIeby esise.hse in the city Of New o!e.s and it shall
presens dissolved hereinafter
he and thu Of the Company upon sac margin
thereof
cure steamships constitute
lines steamships be owned aud cantrOea city
or pert. en- the Atlantic coast or Gull Of Mexico any WV
a on
IN the said Company may be Interested
ARTICLE III.
The capital stock Of said Company hereby Fixed at the
sum Of TWO HUNDRED AND FIFTY THOUSAND DOL
dvided snares each, OF Wnich
10 be paid before sgoing OF PRESENTS
.apt be increased to amount not exceeding mil
lion, the should be required BY twoshrds capital
ARTICLE ~.
TIE Affairs ofssd Company shah be under the direction and
he privilege Of With him one or more from
among he spsshodss 81 the Company sS:c' 70 the ap
Agents 70 assist In snsactng the business Of said Company
ARTICLE
holders Of the ComtaOy shall be held annually,
mining on the sTT FsSS5os @ q which
Der to serve Directors Tor the ensuing who shall
shall be Chairman and entitled all matters
BIT before IT. and until the election of Directors sfors
Board 2, Control viz; y; z ssITH, wM- CREEvY, ].
SIC The failure to elect Directors. aforesaid shah
Dissolve the said corporation, but the Board in Office shall
continue 10 exercise Its functions, until Board be
SEc Three members of said Board of Control shall con
Board hereby invested with full power frame and adopt
:Tsn ~ s and bs s they %ss Ss@
affairs provided the shall not conflict with the true In
sWs Of h sa %ns IN the M Of ssn
sger the select Chairman 70 preside their mes.ng
sell steamships fuel real estate for the the Com
and 20 salaries Of offers and eniployes 70
borrow and b. Guild 10 be built steamships
SIC If any member of ssid Board shall be
Of sad Company du9s bis term Of e.Scs his
permanent absences or resignation Of any msmser of said
m vacancies occasoned thereby unt the first regular
meeting thereafter Of the Stockholders for the election Of
Sac. 8. The sAd Board shall monthly the tran
yeher any time BY giving hours writing
ARTICLE VI
srcrrosI It shall be h. duty of the Manager 70 keep or
psny record Of the proceedings transactions sc
counts property, business and affairs well full and
he shall moreover act as Treasurer Of the Company and
panes city subject the approval of the Board Of
Control In the nse and for sccOsnt Of the Company and
eOunterslgned ~ the Secretary, and transact all banking
SIC 2. Il shall be the duty Of the Manager of said
Company to exhibit be exhibited sockhod
documents belonging 20 said Company and Also
submit to tsem on before the tweneth Of each month
of the business and Affairs OF the Company
sso In the event Of the perm.neut sbs.nce
tistey proceed to appoint MANAGER pro te who shall
holders Vbich meeting the stOfhOders shall proceed 70
elect manager from among Themselves who shall be subject
sr sSssnos d: Manager aforesaid Board q ConsrOi
SIC the RDI meeting S bs of tn,
Comps the Manager may make repors Of such matters
the mpany which eesine each share Of
oek in the said g mpsny sAa be entitled ali
s. The Manager shall have power to sppoin.
secretary agents and other employee: annually and oene
Board 81 Contro ana be nav remove said sesrets
or other employees ct any time without the sanction Of said
ARTICLE VII.
On the expiration OF the said term Of twenty-five yea
s .S5 '' saD q said v
determine upon the mods Of selling and disposiaE Of all
decide up-n and conditions Of The sss or
disposition thereof, and finally Of winding Mp and Quidatns
ts a1krs 70 the best advantage
ARTICLE VII.
Thrceourths Of the stockholders In capital shall have ths
AZ n , S .oe a., asa anar. OF said
modhcatisns additions changes act ON giving
days prsveus notice In two OF the published
ARTICLE TX
All transfers Of stocks shall be made IN the once Of the
and TIE Of SsSs e Be kept %
act Of transfer to abide BY all the terms conditions and slip
made and adopted In pursuance thereof
ARrIcLEx.
No .tOcshOlder shall held liable o. Irresponsible
yOnd the amount Of bis stoek in said Cofup.5T
S.. the eject Of rendering the 81 SAG
OF Of stoekho1er TO greater liability thsa the
ARTICLE xL
The said Company shah sue and be sued In its cOpora..
name and capacity and plead and 10 implicated accordingly
ARTICLE XII
he following named parsons Stockholders Com
'hny and ~ such entitled the shares placed
opposite 20 their names respectively, to-wit
M J. Smith VIM Creevy, Jno. Armstrong, Thos B. Lea
SEQ. q. Garner, j. B. hurisOn, Geo W. Manson. J III
Stsufer, A Shropshire, John femberton Edwd York
aeTmon Doans, Q. H. Bradshaw, David McCoaro Kennee
Bell, VIM Perkins, A. Miltenberger Co., Wihslmus
ARTICLE Kill
The Beard Of Control be empowered 20 rece,vs furh.,
subscriptions said Capital Stock until the amount sub
cribed shall have reached the aforesaid one million
ARTICLE XIV.
This Association shall into operation
y Fifty Thousand Dollars shall have subscribed
And in conclusion the stockholders herenbeore named in
ohhrnatlon of the aforesaid stipulaons covenants and
ordained and established BY the present act for
he purposes hsretnbeore mentioned effect ouly
10 hereunic Subscribe their names respectively.
Thus done snd passed city Of New Orleans sor..ad
ne Day month and year first above written in
Geo Clark and T. Nice Swain competent witnesses who
sreunto sign Their names with said parties and notary
William Creevy, Marshall j. Smith q r. Bradshaw'
Iss. hcCosksy IA Bradbury n d, Edward Higgins
mo- Armstrong. I Edw A Yorks.
EDWARD IVY, Notary Public
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