The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-26
NAVIGATION IMPROVEMENT.
SrATE OF LOUISIANA
PARISH AND CITY OF NEW ORLEANS.

BE TT KNOWN that on this seventeenth day Of June In
r. -s o eur Lord thousand eight hundred and sixty
and Of The Independence Of the United ssss Of Amer
es hs I p1c and s the psb and G Of
State u LOusns duly commissioned and qualified and IN
irpsd personally appeared the parties whose
nses hereunto subscribed who severzy declared that
stsIs Of Louisiana relative % the cOrporsuous
works q public improvement and utility they have cove
and bind themselves and those whom they represent 70 form
them selves into ana Constitute Cooperation for the ooes
and purposes under the spustions ana f0
~ ~ ARTICLE FIRST.
The name ard title Of said Corporation shs be The
PANY and the domc thereof shall be the city Of New Or
leans, State Of Louisiana
ARTICLE SECOND
The objects and purposes Corporation the
val Of and the protection Of the leyses OF the Ms
nes Of Of tidal the fOrma
lin Of sold marin. io6 ~ ana S'sSf
pcston Of Msncos 'Cs'sson de Fer or improvement in
EdwSfd Msnco by the Kingdom Of Great Britain and BY
United Of America and Of such other .cnne
on. on S
ton may acquire the right Of using and woIing
shall be the officer on whom citation may be served
ARTICLE THIRD
at the sum Il Five MILLIUs DOLLARS, represe ~
ed by twenty Thoussna shares of Two 1uudred ard
and share. are reserved and apart for the puc
poses exsressed in the fOlosns stcle The other one
paid for at the times ana in the msnne. fdOwns
bed. If The sr pe 70 '1 aSon she
ton for business twenty dollars each sad
Shared asTs and % rs on each and every
share the shall be paid in At the on ct and e the "a
Cents share once IN ever, ioor months ae- ry days
Board Of Directors newspapers published in
city Of New Orleans And the residue Of the am un Of
cents shall be payable on demsnd said Com
pany ster two years from the date Of the sad
No call shall Il any one time be made for Twelve
Dollars Fifty Cents per share after the payment Of the first in
ssment ten cent; and each and every soeknolder
himself elf from all further liability for the remaining
nsAments by so der at the Office Of said Company At
any time aud returning the said Company has stock tbs
receipt such ms amentsas have In which
sush sse as well as IN case Of Hae o. any 70
shall forfeit all payments made the
by him her them aid stock shall revert the
sid opsny for its and benefit and be sitner
'''H'1 '''' ARTICLE FOURTH.
The Ten thousand Shares or one ha Capital Stock
In he foregoing article shall belong 70
John Manice agn of Edward Mauico Edward FontaiHs
sssignses said CsissOn Improvement in Marine
FouI datiors in the proportions oowng viz: Five hou
sand i've hundred shares Edward FOntaine
Thousand i've bundled shares thereof to sAa John hSdsy
shsrs and receive an equal amount OF the DIVIDENDS no
the profits OF tbe onpany but no payment OF money shau
require from the holder thereof whether a. saments
assessments otherwise All payments or ass ssnents
received FROM levied upon the other being
been sready paid by the holders VI said
reserved shsres by of the and assignment
said Company by said agent John Maneo and said
Edward Fonsine and john Halliday Of their rights and
interests and said Patent styled CAssOn de Fer
Improvement Ia Marine Foundations" and tho right to
the same. and to vrnd il 10 Ot6ers TO
The acceptance Of the above shares and the subscribing
their these Articles If Association sha impy on
the part The John p nanico Agent, Edward FOn
tame and Jehn Halliday and they do hereby make u ano
complete convey snser and assignment unite the sale
Corporation of ali their rights aud eress in the United
Of America in and the said discovery and invention
entitled de Fer Improvement in Marine FUun
Letters Patent granted therefor and AL fuur
imprUvemef upon the same.