The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-04

the part Of the sale @ s. Hunt VIM =. Pratt sad r. NJ
fun ss s q snS ss 81 %
invention whether the patentsb equitable and
The said pstsns.s shall further De entitled to receive from
the ssd GempsSy s7@ seven thO1sa, dollars q
injection with their discovery which said shall
t sssssmept On shares SUBSCRIBED BY ohsr and ad
either out Of he profits Of the Company out Of like
portion on future assessments
ARTICLE FIFTH
These articles association may modified altered
ing Eve hundred Thousand dollars $500 % ia the
provided by law with the Of thirds IN
al obtAned in general meeting convened
after thirty dsyt' notice. -, ,,.,.,
sixty days notice OF the same shall be given in two
Y M s the ssT Of taxing @ sSsS
shares proportion TO the amount Of thei stock and any
posed Of b. the daseos os the benefit Of tie AssSson
but not at less than par value.
ARTICLE SIXTH.
An powers Of Cooperation vested In the Board
Of Directors consisting Of i've persons each q whom shall
dollar Of the capital stock Of ssio Association.
ARTICLE SEVENTH
Of Eve vi the tockhoders shall held
the Office Of the Cop,t Of which election previous
published In the city OF New Orleans
ARTICLE EIGHTH.
~
stock voted upon shall pc sufficient to elect Directors who
Sl number far PRESIDENT Of the moo Uas be-
by majority Of The Whole Board aid upon all
ss r be s sss preside an
ines the Board and in ease q q. ss:snss inability .
lha the time exercise the full Of President
.ppon It "Ss ssss
election and in case Ct sssenss neglect refusal
point others in their place
ART Gle NINTH
majority of the Board shall be necessary to form quo
rum AdecOn Ofsuch majority shah be valid corporate
The of shall have full power hereby
authorized TO buy aud e such real and personal property
ARTICLE TENTH.
The Board Of Directors shall appoint secret any and all
s sSs sPa % The and Ss
Of sssy that ' sa, Ss ,qIsd % any q said
the sction Of the ordinary business the
hey many dem eapedsni and may sso sspeut agents With
and without the STAT under such condition: as 20 them
laws and regulations and amend and alter the
S sas. s 70 upp ny $ that ss1
in their Board such vscsnces be declared
Insolvency absence without leave three
ARTICLE ELEVENTH.
Books for registry and transfer Of shares Of the capital
shall be opened and subject to the restrictions d sctsd
By the By Laws Ali transfers Of shares shall made
which sad may often a. conve
enes sSpsdeney may require but not for longer period
should any desire to transfer the
BY lutte Of subscription Of the
purchss provided that the substitute is sasac-
| tory to the Board Of Director.
ARTICLE TWELFTH.
failure from any cause elect Directors on the day
bus The D ctors then in Office shall hold over until sasths
lection is held q shch notice sh be given provided
S Sd A'"'' AE''" anu '''"'' O"'i IN election Dc
ARTICLE THIRTEENrH.
Each shareholder at al meeting. Tor the election of
70 vote on each are Of stock held Sy him provided that he
ali have owned his stock at least month prior day
| ARTICLE FOURTEENTH
This corporation shan term Ofwsuy We year.
Gom the date Of the recording Il this charter he ONCE
Ard he ooeraons Of the Coms.n NAV comm nc. and b.
asa with only half Of It's capital SUBSCRIBED
ARTICLE FIFTEENTH
The following named stocaholders viz: eeorg. Foser
N. IapeyTe 9 Girsrdey. Glenay Burke and Caleb
hal At their hrst nSstsg elect ole Of their number as
their be provided in Article
ARTICLE SIXTEENTH.
The Board Of Direetcrs may seceEt professionally
.mendmrnts Of q law under which the same IS formed or
BY the adoption Of act Of the Legislature but toe
By Of the majority in Of stock.
hO,dsrs
ARTICLE SEVENTEENTH
The liquidation Of the Affairs Of the Association shall be
made by three commoners appointed by the
meeting convened tor that AFTER sixty days
vous notice two nevsra Published In New Orleans;
sad qudstors shall be solvent residing Ia this city
not indebted 10 the Assocat their krm Of once shall
he assigned, and all necessary power conferred upon
| tsem
The perd Of liquidation shall be fixed yell ss their
compensation In such stockholders may,
resolutions, in general meeting nvened determine
| ARTICLE EIGHTEENTH
The Of the stockholders their residences the
umb-r Of shares held by each respectively the
declared b. be subscribed 10 this
opposite the names OF each respectively.
Thus done and passed my one. the said city Of New
Hy.ms. Jr competent vitnes who hereuatO sign their
together with the said parties said notary
| on the day month and year ant above written
| Original signed: 6E0 FOSTER and others.
| p. CHS. CUvELLTkR
| Notary Public.
| (signed) p. CHS CUNbLLIER
| Notary Public.
uAw KINGS BRANCH
CORNER OF GRAvIER AND ST. CHARLES
Opposite ST. Charles HotslJ