The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-04-19
NO. STEAMSHIP COMPANY.
r HARTER.....-".. CHARTER
NEW ORLEANS STEAMSHIP COMPANY.
UNITED STATES OF AMERICA
STATE or LOUISIANA, Orr or NEW ORLEANS.

srlrr or LOUISIANA, Orr or NEW ORLEANS. J
EBs Known, that on this eighth day Of February in the
and Of the Independence OF the United States the
md 20; before s Ss EG sns Psh so' PHN
leans State of Louisiana aforesaid. duly commits
parties herenssr named Undersigned who ssvsrsy
declared that svne themselves Of the provisions Of the
Of corporations this State they have
90 boe ISSn % ana
selves into ana constitute CORPORATION for the objects and
purposes and under the stpulaOn regulations and Ossa
lions following. to-Sit;
ARTIcLEL
The and title Of said Company shall be the NEW
ORLEANS sLEANsHIr CoMPANY' y and its domieil L
exist and continue for the term Of twenty i've years from the
provided for L shall have CORPORATE seal With device upon
the and the name OF the Company the margin
ARTICLE II.
The object OF said company otherwise pro-
and maintain steamships to constitute line
Of New Orleans and to trade between said city and port
or Ro on the Asne coast OF o o. NE ON
whom to citations motto snd other legal process where
In the said Company may be Interested
ARTICLE III.
The eaplta stock of said Company Is hereby fixed At the
sum Of TWO HUNDRED AND Fifty THOUSAND DOL
LARS divided into shares Of Fifty Dollars each all OF which
espt may be increased to an amount not exceeding one mil
lion, the should be required BY twOEhrds capital
ARTICLE ~.
The affairs Company be
the privilege sssoeiatng with him from
pIoyai Of the board Control shall Board Of
Agents trsnsactng the business Of said Company
ARTICLE v.
SECTION !. The regular meetings Of the stock
msDeing on the first tuesday in February 1869 az which
nesting majority IN capital shall choose Eve their
ss snG Of control the said Manager
h S rs sn@ s election 20 Of Fs s s1 s an o
aid the following named persons shall constitute the hrst
PEMBsRToN j. ARMsTsoNG j. McCLOsKEY,
The failure to elect Directors aforesaid shall not
continue exercise its functions until new Board can be
SEC Three members of said Board Of Control shall
stue for the transaction Of business and the said
soc By laws rules and regulations they may requ
site and necessary for the Company al the OF its
tent az meaning Of this Act Of Incorporation
laws Of this state Ane in the temporary absence OF the Man
They shall and hereby authorized to buy and
pany to make contracts leases CAGES hypohecaons
compromises to FIX salaries of officers and employees TO
SIC IF any member Of said Board shall cease 70 be
Office shall be declared vacant and in the event of the death
Board Of Control the shall power
TO fill vacancies Occasoned thereby until the nt regular
meeting thereafter Of Stockholders for the election Of
SIC The aid Board shall meet monthly for the tran
ssoton Of business and the Manager NAV cal them to-
gether at any time by giving six hours notice In writing
ARTICLE VI
It shall be the duty Of the Manager TO keep
be kept in bound books in the Of the Com
pany correct record the procesdIngs
Counts property business and affairs we'll as full and
complete account of the receipts and thereof
keep cash account in of the banks or banking
gsnss o. his CITY, subject 70 the % Of the Board o.
be alone authorized and empowered to draw checks to be
countersigned BY the Secretary and transact all banking
SEC 2. L shall be the duty of the Manager Of said
thereto required by them all the BOOKS
and & Sss OF @ Soa i
detailed statement of the business and Affairs of the Company
SIC In the event Of the resignation permanent absence
Of the Manager the Board Of Control shall imme
such until meeting thereafter of the Stock
% from ame,S tbemseves who shall bs snSect
to election annually thereafter and in the case OF the tempo
shall have power to appoint Manager pro tenn.
SEC At the annual meeting of the Stockholders OF the
things he deem expedsat and necessary for the
so IN bs aa mpany sail be entitled 3 one vote on al
matters brought before IL.
S. The said Manager shall have power to appoint
Secretary agents and other employees annually and oener
S Ss :V to .. the ct e
Board
| On to.iN VI JooAS
berenbeore agreed for the existence Of said Company
msoriy Of the sockhoders in capital shall have power e
the property and effects belonging to said Company and also
disposition thereof and finally Of winding up and quidang
| its affairs TO the best advantage.
ARTICLE VIII.
Threeourths of the stockholders in capital shall have The
power wind and settle the business and affairs Of sac
Company at any time during its existence or OF making
any modification additions changes this giving
this city.
All transfers Of stocks shall be made the ONCE of hs
that purpose The new stocsboder binding himself IL said
Of transfer to abide BY all the terms conditions and slip
made and adopted In pursuance thereof
ARTICLE x.
No stakeholder shall ever be held liable responsible
for the contracts OF faults Of said &c. Company be
nor shall any mere nformay in the organization OF sad
Company have the effect Of rendering the charter null
amount Of his stock therein.
The said Company shall and be sued in its corporate
and capacity and plead and be implicated accordingly
ARTICLE Kill
The following named parsons Stockholders said Com
pany such entitled the number Of shares placed
\ M j smith VIM. Creevy Jno a rmstrong Thos B. Lee
Geo. G. Garner, J. B. aurson, Geo ". Manson, H.
Harmon Doane G. II Bradshaw, David McCOare, Kennet
Bell VIM NJ Perkins, A. hltenberger a Co., Wihelmui
D's' '''N ARTICLE Kill
The Board Of Control shall empowered TO receive further
Subscriptions TO said Capital Stock until the amount sub
scrbed shall have reached the Aforesaid Of million.
ARTICLE XIV.
This Association shall go into operation the
Fiy Dollars shall have been subscribed for
And conclusion the stockholders herenbefore named
confirmation Of the aforesaid spuatons, covenants sne
agreements ordained and established by the present FOL
hernbefOre mentioned and TO that effect only
| do hereuniO subscribe their names respectively.
Thus done passed the city Of New Orleans aforesaid
the day month and fret above written in the
of Geo Clark and F. McC. Swain competent witnesses who
hereun sign their with said parties and notary
| John Pemberton, T. Rigney, Geo. W. Manson,
| William Creevy, Marshall j. Smith. @. H. Bradshaw,
| JAS. McClOskey, IA Bradbury. NJ D., Edward Higgins,
| Jno. Armstrong Edw. A. Y0rke.
| EDWARD IVY, Notary Public.
In presence Of Geo Clark. F. Nee. Swain
Ed UCATIONAL.
MOUNT ST. MARY's COLLEGE,