The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-23

UNITED STATES OF AMERICA, }
srArz or LOUISIANA, Orr or NEW ORLEANS.

Of Lord eight hundred and
me-. Ed%.s n' no State SuO
Stat: Of ' Louisiana Gs and ..I P:n az, S;s
slosed and ssorn, personally came and appeared q
declared hat svsns Themselves IF he provisions 81 n
statutes Of The Of LOuans relative to The orgsniza
sgresd and do BY these presents covenants and DIN
Da and sss sho they EN- e form then
and under The stpulatons regulations and Osgs
ARTICLEL.
! ORLEANS STEAMSHIP COMPANY and lite domicil
st and consno. for N. term Of vent Us.ns and ss
date o. these presents unless sooner dissolved herenae
thereof ~
| ARTICLE II.
The object Of said company to construct pro
enIe sno msntsn one or more steamships 70 constitute lin
s ss 70 os owned aod Controlled in the c
or ports on the Atlantic coast or Gulf Of Mexico
citations ans other sgs process Sbss
| ID the said Company may be Interested
ARTICLE Ill
The esps s.eh q ,sS Company 4 hereby sxed n.
RS divided Fty Dollars each ali OF Shch
capital may be increased to a amoup no sr s1h
lion. the should be required BY twothirds capital
ARTICLE Nv.
The Affairs said Company under the direction and
the privilege Of ,socatng With him one or more 1s from
among the stockholders A the Company subject a
Agents 10 assist in snf acting the business Of Company
ARTICLE v.
sEcros !; The regular meetings Of the stock.
nodsFs Of the Contrary shall Be he'd annually com.
meeting majority in capital shall choose mum
Gte and Board con sI The ssd eSs
shall be Chairman and entitled to vote all matters
brouE ht before it, and until the election Of Directors afore
AID The GLOWING named persons shall constitute the first
PENBERToS, J. ARMsFsoSG. J. McoLosKETT'' i' j.
Sac The failure to elect Directors aforesaid shall
dissolve the said corporation. but the Board in Office shall
continue to exercise It's functions until Board
SIC Three members Of said Board of shat. con-
tus Quorum Tor the transaction Of business and the said
BOA hereby invested WITT n power to frame and adopt
site and necessary for the Company ard the its
ard meaning Of this Incorporation or with The
laws Of this State AND in the temporary absence OF Man
They shall have and hereby authorized buy and
se lne real estate etc. for the uses Of the Com
and compromised to hx salaries Of officers employ es to
borrow money and to suid built for
SIC ~ any of said Board shall cease to be
stoekhoder OF said Company during his of service
ooe shall be declared vacant and In the the death
Of Control the said Board Of Control shall nave pows
TO M vacancies occaoned thereby until the first
meeting thereafter Of the Stockholders for the election Of
Sac S ne .aid Board shan meet monthly for the tran
gether st any time, BY giving six hours notice in writing
ARTICLE VI
SECTION II shall be the duty the Manager TO keen OF
cause to be kept in bound books in the Of the Com
counts, property, business and affairs full and
He shall Treasurer Of the Comp INV and
keep cash account in Of the banks banking CON
Control in the sccosnt Of the CompS.y and to
pc alone authorized and powered to draw checks
eonDtersgned BY the Secretary and transact all banking
sEc 2. / shah be the duty Of the Manager o, ss,d
Company exhibit to be exhibited 10 the sekboS
whenever theret required the books papers
submit to them 90 or before the twenseS OF ese month sS So
detailed statement Of the business and affairs of the Company
s5o In the event Of the resignation perm absence
dstey to appoint Manager pro tenn who shall ACT
such until toe nrst annual meeting thereafter stock
elect manager from among them:evss who shall subject
sry he s.a.s hs aad Re. % me
saSll have power to appoint Manager
ComPs y the Manager make Of such matters
interest Of the O. pany at which eeting each sboa ~
stock in the said mpany sAs be entitled to on all
SIC s. The sAid MANAGER shall have power to appoint
Secretary agents and other employees annually and oener
vacancies should subject the approval OF the
Board Of COntro be may said Secretary agents
other employees at any time without the sanction o. said
ARTICLE VII
On the expiration Of said term OF twenty v. war.
msoTy Of the socESodss in capital shah I have
upS1 the mode st selling and dspOsng Of ali
deed. and * the and conditions
tnere3 snd hnsy OF winding up and hqUidstng
ts affairs 70 the best advantage
ARTICLE VII
Three ourths Of the stockholders 10 capta shan bsv Aha
power 10 wind and settle the business affairs of said
oomPsny At any time during its existe Of making
x days previous notice in two Of the newspapers published
ARTICLE TX.
An transfers Of stocks shall be made IN the once Of thu
Company and recorded book of transfer be kept for
.et Of transfer to abide BY all the terms conditions sp
% te act and all or any rules regulations bylaws
ARTICLE K.
No stockhoder shall be held liable or Responsible
,Sns the contracts Of snlt. Of said Company, be
,Or shall any mere informality in the orrsnizs,0 az
have the effect Of rendering the charter NULL
= Of exposing s,oekho Ter to any greater liability than
ARTICLE XII
The said Company shall and sued IN its corporate
ane and capacity, and plead and be mpeaded accordingly
ARTICLE Kill
The following named parsons Stockholders said Com
and such entitled number OF shares PLACED
PIosie TO their names respectively, towt:
geo. @. Garner, J B, aurson Geo. W. Manson, j r. |
harmon DOane q H. Bradshaw, David McCosre. Ks1Os
Bell Wm Perkins, A. Mltenberger Co, Wihsmus |
ARTICLE Kill
The Beard Of Control shall empowere TO receive ubar
neserp,ioTs 70 said Capital stock until the sub
ereeo shA nave reached the Aforesaid Of million
ARTICLE XIV
This Association shall go operation soon As the su
Etfy Thousand Dollars shall have subscribed for
md In conclusion, the stockholders herenbe IN
oEhrmsOn Of the aforesaid stipuations covenants and
geemens ordained and established act
he purposes hereiubeOre toned effect ONLY
o hereunio subscribe their names respectively. "
Thus done aud passed at the city Of New Orleans Aforesaid
day month and hrst above presence
Geo CLARK and McC. Swain competent Witnessed who
ereunto sign their said parties and me notary
ohm Pemberton, =. Rignsy, Geo. W. Manson,
lillian Creevy, MARSHALL Smith @ II Bradshaw
ss McCloskey IA Bradbury N d, Edward Higgins
no. Armstrong, Edw A Yorke.
EDWARD IVY, Notary Public.
In presence Of Geo CLARK, p Nee. Swain.
HIRsT REMIUM AND GOLD MEDAL
AWARDED TO