The New Orleans crescent., 1868-01-14
CHARTER.
STATE OF LOUISIANA. PARISH OF ORLEANS

STATE OF LOUISIANA. PARISH OF oRLEAS5
CIrr OF NEW RLxAss;
Be il KnowA That on the day of January. in the
Of Lord one thousane eight Lu1dri and
Dpey-lecond before me- EDWARD ivy notary public II
the PAish Of orlssus state of Louisiana day
hereinafter named and undergns personally came aud
whS dscarsd bat svaas Of the DToSisens OF
the of Louisiana relative TO the OF
s 90 z @ % ana
under the following stipulstions. TO Wit:
ARrcLEL
The official Of the O.rporasOn shall be the MIS- Ms
SOUTH AND wEsr, aud il shsn have a corporate seal,
with the meme of the Company thereon.
ARTICLE II.
The business legal domci of the Company Corpora
Ii tha be in the Of New Orleans subject to removal
oily by asots Of thresfourths Of tbs stoekh lders
ARTICLE III
The object Of hs Company to construct or otherwise 70
e 70 run on or navigate the mississippi River its
taes for the OF carrying freight mas aud passen
Prv sgss are hereby may conferred
or the purpose aforesaid
ARTICLE
stituted the officer on whom citations may be served
ARTICLE v.
The capital stock of this Corporation hereby fixed a.
Five Hunarsd Dollars by i've thousand
s1sseSpon sha be paySbs in conformsy Ritn Article XII
ard the shall be paid A. time and IN te ms1
ssn s % cent Of aid Ss eae1 for
a. any one 9s and nd nS m IN SoSs IN thirty @ and
any Board Of Directors deem advisable g do
ing One sion Of Dollars By svots nin swOthiTds
Of The capital Of Five Hundred Thousand Dollar.
ARTICLE VI.
OF the stockholders in capital shall have the
power TO wind up and et the business and affairs Of the
Company at time during its existence or OF making any
mod cations additions or changes 20 this act ON giving
sixty days previous notice in two of the newspapers pub
lished in this city.
The Beard Of Directors early day shall proceed 70 elect
officers Of the corporation, which shall consist Of Pre- j.
dent Vice President Iressosr sesTs.ay suaerntsadest
first of which shall be from their own number
The term for which this corporation is formed shall be
twenIy-hv years.
The regular meetings of the stockhodsa of the
Company shall be held annually commencing on tbs third
a shall ebooe twenty of their number TO directors
Coptro for bs Of bs s on tbs Comosny for
the following until their successors are tinted And
nsmeo persons shall constitute Directors
the affairs OF said Company any three If HON shall Goa
Charles Briggs, william s Pse william Oreevy Alfred
q failure elect Directors at regular meeting Of
the Stockhoders sha not dsso the Company but the
directors then in office shall eoatnue to their fan
tions until new Board be electd.
SIC Members OF said Board OF Directors sh I'll
quorum 10 do business and the ard OF Directors shau
have power make and adopt all Necessary Jules and
not conflict With the true interest anng Act
Of neorporaon and the laws OF this STATE Ihe soard Of
Directors declare dividends from time TO time they
SIC If nny Director shall cease to be a Stakeholder du.
ring h OF Office it shall be ceclard vacated in the
event Of the death absence or RESIGNATION OF any
Direcor the Board shall have the authority hihe vacancy
occasoned thereby.
No Stakeholder shall ever held bic responsible
for said
smount OF his her their stock in said Company
shall any mere nfor@ality in tn organz alton Of said
ter null Of exposing Stakeholder 10 any greater liza
bty than the amount Of his, her, their stock therein
ARTICLE x
Sheud any Subscriber reuse or neglect to pay punctusy
his her their instalment nstaleuts, the fails
due kret the rate ofeeht cent shall be
added ther, to from inatur ty until ual paymsnt any
lubscrber negiecs or refuses 30 pay his her or their nt
within thirty days after the specieed time payment
share shares upon which any nstaDen ma be due to be
sold suction forfeit said shares,
by payment of such nstallment iusaments,
the board may deem advisable.
ARTICLE Kill
No subscription to be ng the Of two hundred
thousand dol is sbed when the fst payment Of ten
per cent shall be due and payable
The following named rersos Stockholders in said Com
pany such emitted to the nbsr shares Of
stock placed opposite 10 Their names res9eetyey to,T
Wbann hifIs3 MoutSp Ctsries Briggs, Jr, William s.
Pike, d DeIIsven.
And in conclusion the stockholders herenbere named
in Of the aforesaid puaons covenants asd
agreements ordained and established by present for
the purpose above mentioned that effect y
herein above subscribed their respectively.
Thus the city of New Orleans aforesaid
o se sy sh snf G's % witnesses Of
domciatsd in this city, who hereuntO signed their names
WIN '"'0 p"'"'' A"O 'H' -'' GEORGE CLARK.
F. McC. SWAIN.
EDWARD IVY, Notary Public