The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-02
ARTICLE VI

sxcrIoSl IL be duty Of the Manager 40 Keen or
cause to be kept in pound books in the Of the Com
counts property, business and affairs as well .s full and
complete account Of the receipts and disbursements thereof
Keep cash Of the banks or banking con-
Esne Of his city, subject 70 the approval of the Board
be alone authorized and empowered checks 70 be
sounersshed ~ the Secretary, and transact al banking
SIC 2. 1 shah DO the duty Of the Manager OF said
whenever theret- required by them all books
accounts and documents belonging raid Company also
submit to tsem before the twentieth each onh
detained statement Of the business and Affairs OF Company
In the of the rssgastion permanent. absence
d. sth O. the Manager the Board Il control mme
such N ii & art snnvsi sspe " b .n s,a s
sodr,s het mesng the stOckhOder shall proceed TO
elect manager from among them elves VIII hal be subject
election annually thereaor in The case Of the
sr abs nee Of The Manager the aforesaid Board Of Cono
Sac At the annual meeting Of thu Stockholders the
things may expgdent and necessary for he
sss e. .as s Ssea sss zach share q
nstters brought before Ia.
secretary agents and other employees. annually and oene
rAcAnees should occur subject TO the approval OF
board '''''' -''''O' '"' '-A''0" " 'A0
ARTICLE VII.
On the expiration Of the said twenty-five years
aerenbefore agreed upon o the existence SAID Company
smsjorty Of the stockholders in capital power 70
@ snd ne Sss s IN . pS and f. ~
SP. S az .a5 h an; SnS S ~.
lie affairs ~ the best advantage
ARTICLE VIII.
rhreeOuths Of the stockholders capital shah have tb.
power 10 wind up and settle the business and affairs
Company, at any time curing It's existece Of making
sixty days prev notice in two Of the published
this city.
An transfer, of stocks shall be the once Of the
In a nOo of h.
that purpose The stakeholder binding himself IN sso
Of this act and ali or any rules Regulations or Sysw
made and adopted In pursuance thereof
ARTICLE K.
No stockholder shall ever be held liable ar srs.po,sh
ior the contracts OF FAULTS Of said Company, DO
shall any infOrmsy IN the organ,aatsn os sad
COMPANY have the effect Of rendering the pree charter NULL
amount Of his stock therein.
ARTICLE Il
The said Company shall and be sued in Its corporst,
asme and capacity and plead and be mpeaded accordingly
ARTICLE XII
me following named persons stockholders in said Com
sny and s such sre entitled 20 the number Of shares placed
1pposte % their names respectively, tow1t:
smith G.n. wT '5oeyy Joo an -n'tSUns Thos B. Lee
stsufer A Shropshire, John emberton Edv'd A. York
Bell, VIM M Perkins, A. Mltsnberger 4 Co, RLhsmus
s0sArs' and others .pr,,,v YIN,
The Beard Of Control shall be TO further
,ubscrpttous TO said Capital Stock until the amount sub
'crised shall have reached the aforesaid Of million
ARTICLE XIV.
This Association shall e. INTO operation az soon As the .uu
fity Thuus Dollars shall hav. subscribed for
And, In conclusion, the stockholders herenbeOe named n
confirmation ., the aforesaid stpuAtiOus covenants
ordained and established present act to
hrreiubcore eff
10 hereuno sshscribe tl.tr respectively.
Thus done -nd passed AT the city Of reans
DE day month and hr.t above wrea H. presence
Geo Ciak ana hcC Swain competent witnesses vhg
1errunto their With said parties and nstary
John Pemberton- +. Rignay, ". Manson,
4 lillian Creevy Marshall j Smith G y Bradshaw
J A. Nc, loskey, IA Bradbury n d. Edward Higgins
Ino Armstrong, Edu. A Yorke.
EDWARD IVY, Notary Public
In Of Geo CLARK. y Nee Swain