The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-12
ARTICLE FIFTH.

All powers Of the Corp shall be vested in Board of
Directors consisting Of ht persons each Of whom shall
ton. On tire Monday Of thousand eight
hundred and and annually thereafter an elseoa
the Coporston which election previous notice of fifteen
days shall be given IN two newspapers published IN New Or
voted upon shall be sufficient to elect such Directors who At
Meeting their election shall choose Of
number for President Of said Board well Of said Cor
The Pre.ident shall preside at all meetings Of the said
Board of the and in case Of his absence
inability the Board Of Directors shall elect Of their
number President pro TEN ho aha tor the time being ex
the full President The failure elect D
but the DirecIors then ONES shall hold over
above provided for shall continue until election be
neld. 60,
The Board of Directors shall sppsint Secretary and all
such Clerks and Agents may be remove the
pleasure nix the salaries Of all officers of the CopO
any Of officers and agents shall and establish
such bylaws for the management aud regulation Of
proper majority the said shall necessary to
torn AZ 0 70 sls oss sn 1So and S
may therein by DEATH absence resignation any
O'D'' '' ARTICLE SEVENTH.
Each shareholder at all meetings for the election Of Drec
oher purposes ha be entitled directly BY proxy
to vote on each share Of stock held BY him.
ARTICLE EIGHTH.
All transfer Of stock shall be recorded Office Of said Com
pany book of transfer to be kept for that purpose The
recording transfer abide ell the terms conditions
tons or bylaws made adopted pursuance IhsreoL
ARTICLE NINTH.
This Corporation shall be- and continue for during
term of from and after the date OF these
,.Dts md nsy ORGANIZE for bnsi..ss a. soon "A two
thirds OF its capital stock shall have beeA subscribed for
ARTICLE TENTH
The following named stockholders John Davidson
ark +. Charles LesseDs, ID.
Frank w Seymour, James ID. Blair. Robert Roberts and
james o. Nixon hereby constituted the first Board Of d.
recors shall their first meeting elect Of their
number President and the said Board 81 all serve until su
prseded by their successors to be elected as provided IN Ar
D''' fA'H' ARTICLE ELEVENTH.
TIE Board of Directors may accept Professionally any
apv amendments Of the law under which the same Is
formed or BY TIE adoption Of any new ae 2. me
but final acceptance Of such yege shall
be BY of majority in amount of the Stock
DOiDs'' ARTICLE TWELFTH.
The liquidation of the affairs of said Corporation the
Termination # its charter determined upon
It's stockhoders shall be conducted by three stockholders
meeting convened for that after sxty days
Vi notice IN two newspapers published in New Orleans
The period of liquidation and the amount Of their compensa
tion also all other privileges he conferred upon said
lquidators shall be fixed in such the said Stock
holders may Al such general meeting determine.
ARTICLE THIRTEENTH.
The of the Stockholders their residences
declared be such subscribed to this opposite
the names OF each respectively.
Thus and passed in my Office, at Ne Orleans afore
said in presence Of Messrs James Graham George
Cenas Of lawful age domcated IN this city
sign their with the parties and the said
notary, on the day and aforesaid.
Original Signed
JOHN DAVIDSON, T. FONTAINE,
ID. MUSHET, W. SEYMOUR
n y. BIGRY, JOHN LEEDS,
W. II. MCCLELLAN, L TYLf r.,
JNO. p. MANGO, Agent, JNO. HALLIDAY,
J. y. NIXON and Others
JAS. GRAMAM,t
GO. CENAs. ! ANDREW HERO, JR.,
Notary Public
true copy from the original
(Signed) ANDREW HERO, JR
Notary Public