The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-09
NAVIGATION IMPROVEMENTS
STATE OF LOUIsIANA-
PARISH AND CITY OF NEW ORLEANS.

BE IT KNOWN that this seventeenth day Of June, In
the q as one sTS sSad ss s1s sixty
ics the nine,y second; Before me- ANDREW HERO Jr,s
1I saS
the Of the witnesses hereinafter named and under
names are hsTsuniO saSscrios Who ssre declared that
sSs sssIss
for works Of public improvement and utility they have
40 s
themselves into and constitute Corporation for the objects
lowing. viz: -
The name and TILE Q, said Corporation shan be THE
PANY and the domic thereof shall be the city New
leans, State Of LousisnA
ARTICLE SECOND.
The object, purposes Of Corporation are the reno
val of the bars and the protection Of the the Msss
ne Of rivers and the Of tidal bars as also the orma
on of solid marine foundations for lighthouses and other
picstiOn of MsncOs Cssson de Fer" improvement In
S b KnSaop ~ mas been granted 70
United States Of America and Of such other machine
cred invented or contracted and Of which the sd Corpora
ton may acquire the right Of using and working.
shall be the officer on whom citation may be served.
ARTICLE THIRD.
at the sum Of Five MILLION DOLLARS, represent
ed by Twenty Thousand Shares of Two Hundred aud
and Shares are reserved and st spart for the pur
poses expressed in the following sticls The other
paid for at the times ana in following tOwit:
hs1ds Of the 4S Se
tion for business twenty i've dollars each aud
SSd Ssnsvs on each and
share the shall be paid IN a. the Os q and the said
Cents share IN every four months after thirty days
Board Directors, newspapers published in
city New Orleans And the residue Of the amount Of
Cents shah be payable demand the Office of said Com
pany after two years rom the daie o. the SAD
No call al any be made for than Twelve
Dollars Fifty Cents share after the payment Of the first in
sament OF ten cent and each and every soeknoder
himself hersef from all further liability for the manning
By 50 declaring a. the office Of said Company
receipt for such have been paid In which
ts nb ~ AS NAV he called Tor sncB stockbodsr or
stockholders shall forfeit ali payments heretofore made there
id Company for its and benefit, and may be either
'-'-'O ''' ARTICLE FOURTH.
The Ten thousand Shares half Capital Stock
reserved apart foregoing article shall belong
John P Msnco agent of Edward Msnco. Edward Fontsne
sssignees Of said ossson de Fer OF in Marine
EOuPdstions in re proportions OGTng Viz five , ,SO1
sand five hundred shares 10 Hd Edward Fonsne and two
Said ten thousand shares equally with the
shares and receive equal amount OF the dividends from
oe require from the holder thereof ESstRsr as
assessments or otherwise All payments ssments
received FROM levied upon the other stockholders being
considered having been already paid by the holders Of said
shares BY Of the and assignment
Company by said agent John p Msnico and said
Edward Fontsne and John Halliday Of al their rights and
interests said Patent, styled "CassOn de Fer"
Improvement in Marine Foundations" and the right
the same and TO vend IL 10 Others to
acceptance of the above Shares and the subscribing Of
their names these Articles Of Association shall Imply
the part tho said John p kanco, Agent Edward FOn-
JOhn Halliday and they do hereby make full and
complete convey and assignment the said
Corporation, Of all their rights and interests in the United
States and the said discovery and invention
Caisson de Fer Improvement in Marine FOun-
daons Letters Patent granted therefor and to AL future
imprOvemeI Is upon the same.