The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-04-23
NO. STEAMSHIP COMPANY.
CHABTER....-........ CHABTEB
nm
NEW ORLEANS STEAMSHIP COMPANY.
UNITED STATES OF AMERICA. }
srIrx or LOUISIANA. Orr or NEW ORLEANS. }

and 10; before sSs 6 S AND Ps.h Of Nv Or
leans, State Of Louisiana aforesaid. duly eOmmis
ss sS s
declared that syaing themselves Of the provisions Of the
Of corporations this State they coveasnted and
and Sos whS@ they g form Ss
selves into constitute corporation for the objects and
sad under the stpulatOn regulations and Osgs
ARTICLE L
The name md TUE q ssd GS%Ps2y shah ,. ths NEW
exist and continue for the term of twenty i've from the
provided for L shall have Corporate seal With device upon
the same and the name Of the Company upon the margin
~ ARTICLE II.
The object Of company to otherwise pro-
cure and maintain more steamships to constitute line
Orleans and 70 trade between said city and any port
or ports on the Atlantic coast or Gulf Of Mexico.
The manager OF said company shall be the proper person on
whom to serve citations notices and other legal process where
In the said Company may be Interested
ARTICLE III.
sum Of TWO HUNDRED AND FIFTY THOUSAND DOL
RS divided into shares of Fifty Dollars each all OF which
Ss Be TO ss MN
on the should be required by twO-shrds capital
ARTICLE ~.
The affairs Ofssd Company shall be under the direction and
mansP OF Edward Higgins, who at time have
the privilege ssccstng with him one or more from
poysf Of the board o. Control who shall act as Board
Agents 70 assist in rantacng Of Company
ARTICLE v.
SECTION l. The regular meetings Of the stock
nSS OF the the & IN R @ y when
nesting majority in capital shall choose ave
SsI S sn form The
shall Be Chairman and D entitled 70 Sne ypss on al matters s
aid the following named persons stall constitute the fret
P PHsd 3 lp J. ARMsfsoSG. J. MccLosRsY'
SIC The failure TO elect Directors as aforesaid shall not
continue exercise It's functions, until Board be
SIG Three members OF said Board Of Conro shall con-
stitute quorum for the snsseon Of business and the ad
such BY laws and regulations deem requi
site and for the Company the transaction Of ITS
tent and meaning Of this Of Incorporation the
laws Of this state AND in the Temporary absence Of the Man
They shall have and hereDy authorized to buy and
s 1s EMO Sr
and compromised TO tx salaries OF officers and employ to
borrow and TO Guild to be built steamships for
SEC d any MEMBER Of said Board shall cease to be
vacant and in the of the death
sssepe or 10 Of any msTosr Of said
to I'LL vacancies occsoned thereby until the hrs regular
meeting thereafter of the Stockholders for the election of
SIC s. fhs said Board shall meet monthly the tran
sscton Of business, and the Manager call them to-
gether at time BY giving six hours notice In writing
ARTICLE VI
srcrros II shah be the duty Of the Manager TO keep or
to be kept in bound books in the name Of the Com
psny Correct record o. the 1 a SS
complete Of the receipts and disbursements thereof
keep cash account in one of the banks banking
panies Of this city, subject to the approval OF the Board OF
be alone authorized and empowered to draw checks to be
eOuntersgned BY the Secretary, and transact all banking
SEC 2. l. shall be the duty Of the Manager OF said
exhibit be exhibited to the Stockhod
ers required by them All the BOOKS papers,
accounts and documents 70 ssd and also
detailed statement of the business and Affairs of the Company
during the preceding month .,....,., 49,.
d. ah Of the Manager the Board Of Control shalt mme
dstsy proceed to appoint Manager pro ten va? shall act
kOdes whch meeting the Stockholders shall proceed TO
20 election snsnay thsrs"s.r and in he case Of the
rr absence Of The Manager The Aforesaid Board of Control
SEC At the annual meeting Of the Stockholders Of the
and things be may expedent necessary
interest Of the mpany at which resting each share OF
matters matt brought S before
SIC 5. The said MANAGER shall have power 70 appoint
vacancies should subject to the approval OF tue
other employees time, without the sanction Of said
Board.
On the expiration of the said Of twenty-five years,
herenbeore ov the existence OF said Compsny
msOrity the stockholders in capital shall have power 20
ss properly SSd Ssosns 10 said and also
dec de ard ox the and conditions Of the sse or
its affairs 20 the best advantage
ARTICLE Will
Threeourths the stockholders capital shah have the
power wind and settle the business and affairs Of said
sn5 sddions or changes 20 this act on giving
sixty days previous notice in two Of the newspapers Published
n this city.
All transfers OF stocks shall made In the ONCE Of the
Company and recorded in book of transfer 70 be kept for
act Of transfer 10 abide BY ali the terms conditions and slip
ulzOns of this act and all rules regulations bylaws
made and adopted In pursuance thereof
ARrCLEx x.
No stockhOldsr shall ever be held liable or responsible
yond the amount Of his stock in said Company,
nor shall any mere informAy in the organization Of SAID
Company have the eject Of rendering the present charter NULL
Of exposing stoekhol to greater liability than the
amount Of his stock therein.
ARTICLE xL
The said Company shall be sued IN its corporate
and capacity, and plead and be mpeaded accordingly
ARTICLE Kill
The following named parsons stockholders in said Com
pany such entitled TO the number OF shares placed
OPPOSITE 10 their names respectively, to-wit:
NJ J. Smith. VIM CIeeyy, JnO Armstrong; Thos B Lee
stsuter A ShrpPsh5e John e%SeT d Edwd A York
Bell, VIM N. Perkins A. Miltenbergsr Co, whhslmus
BOgart' and others ART1nIE xr1I
The Beard Of Control shall be empowere to receive
scsed shall have reached the aforesaid sum Of one million
ARTICLE XIV
This Association shall go operation the sum
of Fy fhous.nd Dollars shall have been subscribed tor
And in conclusion the stockholders herenbeiore named IN
cor fmaon of the aforesaid stpuations, covenants anC
ordained and established by the present act to
purposes herenbeore mentioned and TO that elect only
do hereuntO Subscribe their names respectively.
Thus passed at the city Of New Oreans Aforesaid
month first above written In the presenc
of Geo Clark Nee. Swain, competent witnesses wh'
hereunto sign their with said parties and me- notary
Jahn Pemberton + Rigney, 9eo. ". Manson,
William CreVvy Marshall j. Smith. @. u. Bradshaw,
Jas McCloskey, IA Bradbury. NJ D., Edward Higgins,
Jno. Armstrong, Edw. A. Yorke
EDWARD IVY, Notary Public.
In presence Of Gee. Clark ?. McC. Swain.
ED UCATIONAL.