The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-27

which 900 fifty per cent been paid ami so on
equally paid 10 the boie Of ali shares in Proportion ony 10
the OF shares held by each bat no upon
dividenc.
their names these articles OF ASSOCIATION shall imny
the part Of the sale O s. Hunt VIM +. Pratt aud n NJ
their The Stale d Lc1sans TO shss discovery 81 or or
Invention whether the ZANE L pstenabe equItsble and
The .ad pstentes shall further entitled receive
pen,aton for their expenses past uturs exp
injection with their discovery which said sum shall oe
@ on ssre ~ Ssh.Ts and a
either oSt ct he profits OF the Company or OutOi like
ARTICLE FIFTH
These articles Of association may be modified or altered,
ing hss hundred Thousand dollars $5OVl il me manner
al the stocs bodsr obtsined in general mseae
after thru days' notice
Whenever sny of capital shall duly authorized
sixty days notice Of the same shall be given in
g,Ps SJGSsG n 2. hs Sy OF New orleans thin which
shares in proportion to the smount Of the sock and any
posed Of by the directors for IN. benefit Of tie A.scison
but not at less than par value.
ARTICLE SIXTH.
powers th. Corporation shall be vested in the Board
OF re TOR cE1s Sb % Sss ss q whom
dol airs Of the capital stock Of saio Association
ARTICLE SEVENTH
On the bst Monday April 1862 and annually thereafter
eeton Of Eve vi ecors by the tocxhoders he
at the once Of the Corport Of election previous
published In the city Of New Orleans.
ARTICLE EIGHTH.
plurality of counting vote for each shave Of
apon) shall sufficient elect Directors Who
shal At their 6r meeting after their election choose one Of
by mrjOrt, Of The Whole Board, upon wnom ali
.s T Ss a., SA sTs ss Il S ss he
nes o. The Board and In csse Of his absence inability
thall the time he full powers of President ~
All elections shall be by ballot under the superintendence
prior election and in absence neglect or r.nss
to set Of snch inspectors the President of Board " D
point others in their place.
ART Gle NINTH.
majority Ofths Board shall be necessary to foru quo
and decision ofsuch majority shall valid c. rpoate
The Board Of Directors ;ha have fun and hereby
may be required for The use of the Company.
ARTICLE TENTH.
The Board If Directors shah appo,nt ,ec-s av and an
clerks snS MS. ard may Temovs hs same and
amount Of security that shall be required from AM Of ~
officers and agents Ssa Board may also delegats such W.
to committees Of their body, their agents. a.
they may deem e1pedtnt and may appoint with
shall seem prpsr and they ha have the make by
Laws regulations and TO amend and alter the
whenever the interests Of Corporation may requrs ia and
shall also have the power 70 supply ces that may
Of resignation. Of the Iequs number
Of shares insolvency or absence without leave three
ARTICLE ELEVENTH.
Books registry transfer of shares of the oI
ha be open. ano Kept subject to the restrictions d
said books signed by stockhoer or mis- attorney and
when SAID book the Directors close as conve
nsnes eSpedeney usy require but for longer period
Should subscriber to the stock desire to transfer thu
previous to full ment having been made he be
Iered 20 do so oy Of the subscription of the
tory to the Board Of Director.
ARTICLE TWELFTH
failure from to elect Directors on the day
bu' the Directors then in office shall over until anothe
election held Of which nocs sh al be eiyen as proydsd
held A''''' A'eH'" anu '0H''n"' until an ssS1On De
ARTICLE THIRTEENTH
Each shareholder al meeting. for the election Of D,rec
TO vote on -sh .hsre Of stock held by S Sro Si Sy
all have owned his stock least month prior e the day
ARTICLE FOURTEENTH.
THIS corporation shall term twenty Eve wears
em the date OF the recording Of this charter be Of
And he oo-TsoDs Of The Coms.S, NAV and h.
carried with only OnshAf of its capital subscribed
ARTICLE FIFTEENTH
The following named stockholders viz: George Fos.er 7
N. LapeyEe G , GiI.rdey Glenay Burke and Caleb s
thetr Rr.t -, - Nhp
President Boara shall serve until superssdd nv
their sseeessOs to be elected provided in
ARTICLE SIXTEENTH.
The Board Of Directors may accept Professionally any
power privilege Conferred this Association BY nny
amendments Of law under which the Is formed or
by the adoption Of Of Legislature but TIE
dns acceptance any power privilege shall be de-
te mined BY vote Of the majority 10 stock
hoiosrS
ARTICLE SEVENTEENTH
The liquidation Of the affairs Of the Association shah be
apnoiuted b, the
At meeting convened for that amer
,sd udStors shall be solvent persons residing ia tS. eS
not indebted 10 the Associat their Of Office shall
tseu '''''''u upOn
The period Of liquidation shah be fixed as yell q. their
resolutions in seneHl meeting nEened, determine.
ARTICLE EIGHTEENTH.
The Of the stockholders their residences aud the
declared subscribed TO this act and
opposite the names OF each respectively.
Thus done and passed my os the said city Of New
Orleans the presence OF Ado Phe Blache aud Henry "
names together with the said pa and the said notary
on the day mouth and year nrst above written
p. CHS CUvELLIkR
,,. Notary Public.
h NJ BYAMs ia
4 true copy Of the original; rms ,,u
Notary Public
HAN KINs's BRANCH
CORNER eF GRAyIER AND ST. CHARLES
Opposite ST. Charles HOtslJ
REoPESED-A B. CUSTER IN cRAR5E
CIGARS.