The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-10
NO. STEAMSHIP COMPANY.
-or fHH-
NEW ORLEANS STEAMSHIP COMPANY.
UNITED STATES OF AMERICA
sfIrz or LOUISIANA. Orr or NEW ORLEANS.

in and for the City and Parish Of New Or.
stoned ana s'' wS S Say ss@s and p.ssa the
parties hersnsasr named sad undsrignsd, who severay
Of The Of louisiana relative the organIa
and DO By Ssss ssrss and bind
themselves and those whom they represent 20 form them
pSrposs and under the spustiOns rssus.ons sSS oSlss
tons following. to-vit: .......-'..
oRLEAEs STEAMSHIP COMPANY" and It's domciI Il
hereby established in the city Of New Orleans and shall
date Of these presents unless sooner dissolved as hsra
provided for shall have corporate seal with device upon
thereof -N $40 ---' : - o0--'
rhs object Of said company 20 construct Ohew..
or lines Steamships to be owned and controlled In the city
or ports on the Atlantic coast or iuif Of Mexico p'
The manager % said company shall be the proper person
whom 90 citations notices and other process where
In the said Company may be interested rl
ARTICLE III
sum Of TEO HUNDRED AND FfFTY THOUSAND DOL
LARS divided into shares Of Fifty Dollars each ali OF which
paid before the signing Of these presents which
capital be increased TO amount not exceeding MIL
hon the should be required By tvOshirds capital
.... ARTICLE ". .-.---r
The Affairs Company direction and
he privilege Of .ssocang With him one or more persons from
among the stockholders the Company subject to the ap
Agents 70 assist in ansscng the business Of said Company
ARTICLEv.
sxcrIor /. The regular meetings Of the stock.
holders Of the Oompsny shall be held annually,
@sens nsoy in capital shall choose I've Of their nu
1 S Of cnS ~
shall be Chairman and entitled 70 one vote on all matters
aid the following named persons snail CONSTITUTES the
Beard q Control viz; N ssITH VIM oCREEvY, J.
SIC The failure elect Directors aforesaid shall not
dissolve the said corporation bat the Board in Office shall
elected.
ute quorum for the transaction Of business and the said
Board s hereby invested with full TO frame and adopt
site and necessary for the Company the Of its
affairs provided the shall not conflict with the true In
laws Of this State Ana the temporary absence Of the Man
sy have bower and ave hsTsoy s1.hossd 10 SSy ans
sell steamships fuel real estate etc. for the Of the Com
and 20 On salaries Of officers and employees 70
money "a hud TO be built steamships for
SIC u any member Of said Board shall cease to be
o. sag Company eSr9s az term o. % MS
permanent absence or resignation Of any smoer Of said
I'll vacancies occasoned thereby until the first regular
meeting thereafter of the Stockholders for tho
SEC s. The said Board shall meet monthly for the tran.
ssctiou OF business and the Manager may call them To-
gether at time by giving six hours notice In writing.
ARTICLE VI
BECTION IL shall be the DUTY the Manager
cause TO be kept in bound books in the name Of the Com
pany, record of the proceedings Transactions &C
complete account Of the receipts and thereof
BE shall act Treasurer Of the Company, and
psnss Of this city, subject the approval Board Of
Son0 70 ss AND and 70. o. s1s and
eountesgned BY the Secretary and transact all banking
SIC. 2. I shall be the duty Of the Manager Of said
Company to exhibit be exhibited the sockhod
whenever thereto required by them all the books papers
belonging said Company,
submit 70 tsem on OF before the twentieth Of each month
during the preceding month.
In the Of the resignation permanent sbssncs
dstey proceed TO sppont Manager tenn who shall act
odsIs a. hicb meeting the ssocfhodsrs shall proceed 70
see. manager from amo1g who shS Be subject
rSry absence Manager the aforesaid Board Of Control
SIC x The annual meeting q the stockholders of tn.
Comps the Manager make report OF such matters
atest Of IL. Spany at Which nesting each share q
took in the said mpany ssai DO entitled one vote on all
sTc s. The said Manager shall hsvs power TO appoint
vacancies should occur subject TO the approval Of the
Control; he said Secretary agents.
BOard.
On the expiration Of tue said term Of twenty-five Year,
msorty q tie stocESodes in capital shall have power q
determine the mode Of selling and dsposng Of all
decide Ard * the and conditions Of the sale
disposition thereof and finally OF winding up and nqudatns
ts affairs 10 the best advantage.
ARTICLE VIII
Threecuhs III. stockholders in capital shah have the
power up and settle the business and affairs Of said
Company at any time during is exsteSee or OF making
sixty days notice In two Of the Published
this city.
transfers Of stocks shall be made IN the once Of the
Company and recorded book Of transfer 70 be kept for
that purpose The stakeholder binding himself in said
Of TITS and ali any rules regulations bylaw.
made and adopted In pursuance thereof
ARTICLE x.
Ne stOckhOder shall be held liable or Irresponsible,
SS,o hs *. H. soSs a GSH"ps
shall any informslity the organization Of
or Of exposing stockho any greater liability than thu
amount Of his stock therein.
ARTICLE XII.
The said Company and sued IN its corporate
capacity and plead and be implicated accordingly
ARTICLE Kill
following named parsons stockholders in said Com
and as such are entitled 70 the number Of shares psceC
NJ j. Smith VIM. Oreevy, Jno Armstrong, Thos b: Lee
Stsuffer, shropshire John embertOn Edw'd A York
Harmon Doane o. II. Bradshaw, David McCoard, Kennel
Bell, VIM NJ Perkins, A. Mltenberger Co., Wlhelmu
ARTICLE Kill
The Beard Of Control empowered receive fnrhe
subscriptions said Capital Stock until the amount sub
erbed shall have reached the aforesaid Of one million
ARTICLE XIV.
This Association shall go into operation
u FiAy Thousand Dollars shall have been subscribed for
And m % q. hs named
ordained and established by the act 70
herenbefOre mentioned and 10 that effect only
10 hereunio Subscribe their names respectively;
passed the city Of New orleans Aforesaid
she day month year Hrt above written IL the
Of Geo Clark r. McC. Swain, competent witnesses, vh
sign their with said parties and notary
John Penberton. Y. Rigney Cleo ". Manson,
William Creevy, Marshall j Smith. G. u Bradshaw,
Jas McCloskey, IA Bradbury n D, Edward Higgins
Ino. Armstrong Edw. A. Yorke,
EDWARD IVY, Notary Public
In presence Of Geo Clark. p. Nee. svsin-
MAE1INERy. HAHDW All r..
WIN. III. REYNOLDS,
CpESCENT IRON W0RKS