The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-11
NO. STEAMSHIP COMPANY.
CHARTER
CHAKTEB,
or IHE-
NEW ORLEANS STEAMSHIP COMPANY.

UNITED STATES OF AMERIoA,l
s-Irz or LOUISIANA. oIrr or NEv ORLEANS. }
KnGvn rAs. on thi; eighth day Of FsSEusry IN iS'
md Of the Independence Of the United States iee
before s me EGSsrd Psb 90' Rev PuOo1
leans. State Of LOui;iana aforesaid, duly commits
DsTss ssTsnSTsr nan d and undsrsgnsd Who ssSsraiy
sas Of he ass G Lans relative % bs STsons
OF corporations in this State they have eovenaned and
ss@seves, and those whom they Represents @ form them
selves into sno constitute Scr4oss' on io me oOe Hne
lions following. tO-wt:
ARTICLEI.
ne and .itle q said Company shan be the NEW
hereby estabisheo in the city OF New Orleans and t shall
date Of these presents unless dissolved hereinafter
provided for shall have CORPORATE seal with device up9n
thereof
ohiac Of ssid ooppanv Il 10 construct or otherwise pro
and steamships 70 constitute line
lines Of steamships to be owned and controlled In the city
or ST,. ON the Atsntc coast or Gulf Of Mexico
e. said company shall be the prOPsr person or
In the said Company may be Interested
ARTICLE III.
The capital stack Company hereby Fixed at the
sum Of TgO HUNDRED AND FIFTY THOUSAND DOL
paid before the signing Of thss preseuts which
capital increased net exceeding mil
lion, the should be required by twOthirds capital
ARTICLE w.
The Affairs Of said Company under the direction and
management Edvard Higgins who may at any time nave
The privilege f,ssocstng with him from
pTovai Of the Board ., Control who shall act as
Agents assist rantactng the business Of said Company
ARTICLEv
SECTION /. Ths regular meetings Of the stock.
msneng on the Hrst tuesday in February is6S which
meeting majority in capital shall choose i've Of their mum
Directors Tor the ensuing who shall con
stitute and form Board Control said Manager
4s BE sys M ana sn Su hs election ONE oso sor
aid the following named persons shah so9st5ts The hrsi
| PEMBERTON. ]. Armstrong. J. McOLOsKbY.
soIye the said corporation bat the Board in ocs shall
continue exercise its functions until Board can be
SIC 8 Three me mbers Of said Board of
tute quorum for the transaction 81 business and the ad
Board Is hereby invested full power frame adopt
such by laws rules and regula they deem requ
Affairs provided shall conflict III the In
tent ard meaning o. this Act Of Interpolation Q! SsS the
they select Chairman TO preside ~ their meetings
sell steamships fuel etc for the IF the Com
psny TO make contracts leases nor hypothecetons
money to suid to be built stesmshipf
SEC Il sny member OF said Board cease to be
Stakeholder OF SAID Company during mis- term Of services his
permanent absence resigpaou Of any member Of said
to III vacancies oceaoned thereby until the hrst regular
meeting thereafter Of the Stockholders for the election OF
SIC s. Tbe aid Board shall meet monthly the tran
saction Of business and The Manager NAV call them to
| ARTICLE VI
srcTroS IL shall be tn. du, Of the Manager 90 keep OF
be kept in pound books, in the of the Com
pany record If the proceedings transactions
complete sSSous Of the receipt. and tRsrso
shall a s. re- Ss 81 the and
painless Of this city, subject to the approval Of the Board OF
be alone authorized and powered draw checks
eOunterigned BY the Secretary and transact all banking
SEC 2. ] shall be the duty OF the ..a.ssr Of ssid
srs whenever thereto required by them the books papsr
and documents beongns aid Company and also
detailed statement Of the business and affairs Of the Company
nc In the event 81 the resga-tion per.snt absence
d. ath OF the Manager ne Board = onrol shall imme
~ 5cb mil IN. ~ ann msstsr sss ~ tbs Sos ~
odss Which meeting the stockhOaer shsl proceed
election n1H bs Ds ad IN al ef s. Of he 9
sEc A the annual meeting Of tn Stockholders tn,
hiag be may deem sHDsdsHt and asoss.sry for the
in the said mpsny sail be entitled al
SIC 5. The laid MANAGER shall have power to appoint
secretary, agents and other employees annually and oener Il
sosra ~ CoptroI sp he nav remove aid Sc FerT sSsnts
other employees st time without the sanction Of said
| ARTICLE VII.
On the expiration said term Of twenty ave year,
nerenbsfoe agreed upon for the existence Of SAID Company
determine the mode Of selling and disposng Of all
o dec De Sd * the and eondisions Of he sas or
disposition thereof and huay Of winding sad hquidstns
| ARTICLE VIII.
Of the in capital shah hav. the
power wind and settle the business and affairs of said
Company at any time during its exse &C. or Of making
sixty days notice in two of the newspapers published
| this city.
An transfers of stocks shah be made in the once Of the
Company and recorded in book Of transfer 70 be kept foI
Of abide BY all the terms conditions and slip
Nations OF this act and all or any rules regulations or bylaws
made ana adopted In pursuance thereof
ARTICLE x.
No stOckhOlder held liable or responsible,
| YONG the amount Of bis stocG in said COMPANY
Company have the effect Of the present. charter null
of exposing stoekhO to greater liability than the
ARTICLE XII
The said Company shall SUE and be sued in its corporate
and capacity and plead and be implicated accordingly
ARTICLE Kill
me following PANIED parsons Stockholders In said Com
oany such sDtd the Of shares pac
opposite 70 their names respectively tO-wt;
5eo. @. Garner, B, vurison, Geo v. Manson, Il
Her. W Shropshire, John EenbertOn EdW q A YORK
DOane, O. n Bradshaw David Mc('Oard. Kennett
| he'll, VIM. Perkins, A Nitenberger a Co., Wihelmus
ARTICLE Kill
The Beard Of Control shall empowered receive farther
subscriptions TO said Capital Stock until the amount sub
crked shall have reached the aforesaid Of million
| ARTICLE XIV.
This Association shall g into operation the sum
Il Fify Dollars shall have rcribed
And conclusion, the stockholders herenbefore named
confirmation o he aforesaid stpustions covenants ana
ordaned and established BY the present for
ned that effect only
| 10 be- % subscribe their IA ro.p.cttvely-
the city Hrlean. aOresaid
day month year ht above written,
CLARK +. McG SSan, competent Witnesses who
their with said parties and notary
| John Pemberton T. Rign.y Geo. ~ Manson,
| William Creevy Marshall j. Smith G " Bradshaw
| Jas hcCloskey IA Bradbury. D, Edward n ggins,
Jno. Armstrong, Edw. A Yorke
| EDWARD IVY, Notary Public
| In presence Of Geo CLARK, P. Nee. Swain.
MRC6INERY, HAKDWAHE.
|