The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-06
UNITED STATES OF AMERICA,

II SNAsAS AAA 10 w An kflJhfl
ffirr or LOUISIANA, Orr or NEW ORLEANS. }
ngwn, INA. on tai. eighth day Of February, IN tn.
Ine Independence OF the United States the
md. before me, Edward Ivy. notary public,
Tor ,hs City and Psa.h q New o..
sworn, personally came and appeared the
reinstsr named and undersigned. who severally
s. s % y: Srr a. sSs
porations In this State, they have eovenanted and
do By these presents covenant, agree and bind
ana constitute a CORPORATION for the objects ana
md under the stipulatiOns, regulations and oeliss
nng. to-vit;
ARTIoLEL
. and title Of said Company shall be the NEW
STEAMSHIP COMPANYn and its domic IL
lbhshea In the city Of New Orleans and IL shall
continue for the term Of twenty i've years from the
,se presents, unless sooner dissolved hereinafter
hd the name Of the Company upon the margin
ARTICLE II.
II Of said company s to construct or otherwise pro
IAntan one or more steamships, 10 constitute line
steamships, to be owned and controlled In the city
Eeans, and TO trade between said city and any port
the Atlantic coast or Gulf Of Mexico.
ger q SAD eompsny shall Be TIE proper person on
uOompany may be interested.
o HUNDRED AND FfirTY THO H0usAsp DOL d.
ded into shares Of Fifty Dollars each, all of which
a. or before the signing Of these presents; which
be increased 20 an amount not exceeding one mil.
sane should be required BY tuOthirds capital
ARTICLE ~.
r. of.aid Company shall be undsr the direction and
nj Of Edward Higgins who may At any time have
e Of sssociating with him one peFs ms from
Stockholders q the Company, subject 20 the ap.
assst In trAnsscting the business Of said Company
ARTICLE v.
l. The regular meetings Of the stock.
the hrst Tuesday in February 1869, Il which
majority In capital shall choose Eve OF their mum
a. Directors ioI the ensuing year, who shall con
form Board Of Control, Of which the said Manager
hartman and entitled 10 one vote on all matters
tore IL; and until the election Of Directors sfore
flowing named persons shall constitute the hrst
rON, ]. Armstrong, j. MoCLosKEY.
The failure 10 elect Directors Aforesaid shah not
exercise its functions, until new Board can be
Three msmbers OF said Board Of Control shall con.
ereby invested with full power 70 frame and ad0pt
We, rules and regulst ons ~ they may deem requi
ipr tne arc tne trsnsseson Of rs
meaning Of this Act Of Incorporation, OF with the
10 State. And In the temporary absence Of the Man
have power and are hereby authorized TO buy and
ships fuel real estate etc, for the Of the Com
make contracts leases mortgages, hypothecations
fomises; 70 hx salaries Of officers and employees; TO
nney and 70 build 70 be built steamships for
|if any member Of said Board shall cease to b. /.
be declared vacant and In the event Of the DEATH
Il absence, or resignation OF any member Of said
COntrO. the said Board Of Control shall have power
ancies occasioned thereby until the drst regular
heresner Of the Stockholders for the election Of
Ths said Board shah meet monthly for the tran.
business, and the Manager NAV call them To-
|any lime. BY giving ak hours notice In writing.
ARTICLE VI
~ II shall be the duty Of the Manager 70 keen or
be kept in bound books, in the name Of the Com
|0neet record Of the proceedings, transactions, ac
property business and Affairs, as well as full and
account Of the receipts and disbursements thereof
moreover act - Treasurer Of the Company, and.
ksh account In one Of the banks or banking com
this city, subject TO the approval Of the Board Of
n the name and for Account Of the Company. and To
authorized and empowered 10 draw checks TO be
gned 81 the Secretary, and transact all banking
. 1 shall be the duty OF the Manager Of said
70 exhibit or esussto be exhibited to the stockhold
ever thereto required by them all the books papers
and documents eelongins 70 said Company, and also
estement OF the business and Affairs Of the Company
. preceding month
In the event Of the resgnstien. permanent sbssnce
oeeed 10 appoint Manager pro tenn, who shall act
NTH toe hrst animal meeting thereafter Of the Stock
anager from among themselves who shall Be- subject
annually thereafter; and In the OF the tempo
nee Of the Manager the aforesaid Board Of Control
At the annual meeting Of the stockholders OF the
, the Manager may make a repors Of such matters
a. be may deem expsdisnt and necessary for the
u the mpany. At which meeting each share Of
be said mpany s.ali be entitled 70 one vote all
agents and other employees annually and ofener II
should occur, subject 10 the approval OF the
Controls ana be may remove said Secretary, sgsnts
employees st any time. without the sanction o. said
ARTICLE VII.
expiration Of the said term Of twenty-five years.
IRE agreed upon for the existence of said Com pany
o. the stoekhoders IN capital shall have power 70
upon the mode Of selling and disposlng Of all |
~ and effects belonging 10 said Company and also
" aud az the e and conditions Of the Gale or
thereof, and finally Of winding NJ and nqpidAtins
70 the best advantage
ARTICLE VIII.
urths Of ths stockholders In capital shan have Tia
Wind up and settle the business and affairs Of said
At any time during Its existence, or OF making |
catiens, additions changes 70 this act on irving
prsnsus notice In two Of the newspapers Published
ARTICLE TX.
fer. Of stocks shall be made IN the ONCE Of the
and recorded Ia . book Of transfer 70 be kent Tor /
=. The new stockholder binding himself IN said /
SER to abide By all the terms, conditions and stip
this act and all or any rules regulations or bylaws
adopted IN pursusnes thereof
ARTICLE K.
khOlder shall ever be held liable or Irresponsible
amount Of his stocx In said Compsny
any mere informallty In the organization OF sad
ave the effect Of rendering the present charter null
ing stoekhol ler TO any greater liability than the
his stock therein
ARTICLE xI.
Company shall sue and be sued IN its corporat.
capacity, and plead and be implicated accordingly.
ARTICLE Kill
wing named persons are stockholders IN ssid Cou.
Y such are entitled % the number Of shares placed
their names respectively, to-wit:
nth. VIM. oreevy, Jno. Armstrong, Thos b Lea |
larner b. aurison. Geo. ". Manson, n
A shropshire John emberton Bdw'd A. York,
, Perkins. A. hiltenbergsr 4 Co, Whhslmus
ARTICLE XIII |
d Of Control shall be empowered 10 receive furthe,
d 70 said Capital Stock, until the amount sub.
u have reached the aforesaid sum Of one million
ARTICLE XIV.
'ciaton shall 60 into operation =. soon as the sum
ous nd Dollars shall have been subscribed Tor |
loiusion, the Stockholders hereinbefore named IN
n Of the aforesaid stpulstions covenants ano
ordained and established By the present act. foi
. hercineciore mentioned and 10 that effect only
sshrcrihe their hames respectively |
e and passed NJ the city Of New orleans aforesaid
nth and year nrst above written. IN the presence
RI ana p. Net s~ain, competent witnesses. who
gn tner names with said parties and me notary.
'erton. r. kiRn-y, dec. W. Manson, |
rsvy, MsnbsnJ Smith. Q. U. Bradshaw,
key, J "A Bradbury.M d. Edward HIggins
rong, Edv. A. forke.
EDWARD IVY. Notary Public
CO Of Geo CLARK, y. Nee. Swain
l1pkNEYS AT LAW.