The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-12-17
ARTICLE III.

ARTICLE III.
srcfIoy Il shall be the duty Of the Manager 70 Essp on
sns to Be ssps IN pound d. books N the name o. ne Com
counts property, business snd affairs as well ss fr and
BE shall Of the Company. and
keep cash account in one Of the banks Or banking com
Control and o. Company and 20
y d. sscIsisy and rsnsscs ii banking
Company to ..Ss Or y sahSd q the
whenever thereto required By them all the books
submit 70 .asm on Or before The twsnssh Of each month
src In the event Of the ressastion absence
dsey proceed 70 appoint Manager pro tenn who shall act
Sss until ne n s a the
elect manager from among themselves who shall Be subject
70 he he s
shsll have power 70 appoint Manager pro tenn
COMPANY the Manager may make report Of such matter,
e. 4. ss s .s I ss
ok IN the said s-A DO entitled 70 one vsts on al
SIC S. me said MANAGER shall have power to appoint
Secretary agents and other employees annually and oener
Board Of CONTROL he said Secretary sgent
other employees ct any time without the sanction q aid
ARTICLE VII.
On the sxprstisn Of the said term Of twenty-five ysa
hsreinbsors .grssd apo1 existence Of said Company
dstsfmns upon the mode Of selling and disposns Of all
2 decide ap.n condition:
disposition thereof and finally Of winding MP sad hquidsns
ARTICLE VIII
fhrssourhs Of the stockholders capital shall nave the
power to wind and settle the business and affairs Of said
any %odhcssn sddtcn. or changes 70 his act on svns
sixty days notice In two Of the newspapers published
ARTICLE TX.
TIA snpats ssok Of ss,d Copsnv "a hsrsbv ara A thu
sum Of Two HUNDRED AND FfFTY THOUSAND DOL
70 be paid signing which
sap be 20 an amount not exceeding NIL
lion. The sans should be required By tvoshids capital
ARTICLE w.
rAs sra Of said Company shall under the direction
management Of Edward Higgins. who at time have
among Company subject to the sp-
Agent. % ss. Il The susn q sa Company
..U ARTICLE ".
sncrrou l. Tns regular meetings Of fns nock-
holder Of The COMPANY shah Sc held annually. com
Meeting majority IN capital .R. sSoos i've q their 1 na
4.
9s IT, ana Ss . G on =.
aid the following named shall constitute the nrt
P sissd e SSSr0 "a. s! %
SEQ The failure to elect Directors aforesaid shall
Continue s.s1s.s s iuncons. until ss& Board can e
SIC Three members Board Of Control shah con
sute for the Of business and the said
Board hereby invested with full frame and adopt
,s and Necessary for the Company and the Of IT,
tent and meaning Of this Act Of or wish the
laws Of this State And in the temporary Of the Man
they shall have power and buy ans
sell steamships fuel real for the the Com
q and
borrow and 10 Guild to be built Tor
SIC II any member of said Board shall cease TO be
once shs be- and Of q.
sssspcs or Of any member Of said
all vacancies occssioned thereby unt the nrt
meeting thereafter Of the stockholders for the election Of
src S. rhs .aid Board shall monthly tran
Esbsr any tina By giving six hours notice writing
ARTICLE VI.
Al transfers Of made IN tns once Of TIE
hsf purpose new stockhoder binding himself in said
set transfer to abide By all the terms conditions and r
made and adopted In pursuance thereof
No s,ocEholdsr shall be held liable Irresponsible
yOnd the amount Of hi, stock in said Company,
COMPANY have the effect q rendering present null
Of exposing 70 any greater liability than ths
AkTlCLE
The said Company shall corporate
and capacity, and plead and be implicated accordingly
ARTICLE HI.
pany and - such number Of shares placed
opposite 70 their names respectively, to-wit:
N J. Smith, VIM Crsevy, Jno. Armstrong; Thos B. Lea
Geo. q. Garner, j. B. hurison, Geo. W. Manson, Il.
Stauner, A Shropshire, John femberton Edvd A. York
Harmon Dosne, O. H. Bradshaw, David McCoard, Kennsa
/. Bel, VI. n Perkins A xissnbsrrss Ca. Nllhslnus
ARTICLE Kill
rhe Beard Of Control be TO receive farther
said Capital Stock until amount sub
shah have reached the Aforesaid Of million
ARTICLE XIV.
This Association 20 operation q soon q The sun
And conclusion stockholde hereinbsore named In
confirmation Of the aforesaid stipulsons covenants and
and established BY present ac for
purposes hereinbeore mentioned and eject only
Do hereunio subscribe thsir names respectively.
Thus done passed city Of New Orleans aforssad
Geo CLARK r. Moo SWAIN oompetsai vtnsssss vhs
hsreunto gn their names with sid parties and nsts
; T. rsTSs1a .rsSa1 Smith s,ss :R:0a'
ysa HcCosksy IA Bradbury. Il D., Edward Hierins
yno Armstrong;. xdw. A Yorka
EDWARD IVY, Notary Publh
In presence Of 0ss. CLARK. ,. MOO Swain
Y NEAss = MAYO-
n 0UCCEssORS TO MA0KE . KNKAs8J
a 49,