The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-08-28
N. O. STEAMSHIP COMPANY.
n UNSATISFACTORY. OHABTkh
HEw ORLEANS STEAMSHIP COMPANY.
UNITED STATES or AMERICA.
ssAss or LOUISIANA. Orr or NEW ORLEANS.

Of Lord thousand hundred and sixty eight
ninety .econd before me- Edward Ivy notary public
s.n. STATE re Lsaisi.n. '' aforesaid duly SomaI.
iionsd and sworn, personally came and sopesred The
sessd ,hsi sssns them the provisions the
..u.. Of n. stat. O Io...ns ,sssys . the Srg.p:s
greed and do By these presents covenant agree and BIND
constitute CORPORATION for the object.
guross and under the stpulsons regulations and oehEs
osLEAKs sfEX ssHfP c0SPxNf. . and its domici !.
p the Of If Ne. lea and 1s
date Of these unless dissolved hereinafter
hereof
object Of said company construct otherwise pro
lines steamships be owned aud controlled IN the city
" per-. % the Atlantic essst OF SSif Of Mexico
The O. ssS company .n. be the on
a ths sad Company may be Interested
ARTICLE III
The capital stock Company hsrsey nxed
sum Of Two HUNDRED AND Fifty THOUSAND DOL
paid signing these presents; which
capital be Increased TO an amount not exceeding one NIL
Ion ths sane should be required BY twoshrds capital
ARTICLE Nv.
TAs Affairs Company direction
she privilege ssociating
nong The stoekhodsrs 81 the Company sasct TO the ap
Agents 70 assist in tanssng the business Of said COMPANY
ARTICLE "
sECroE l. The regular meetings Of the stsok
aOlders Of the ComraTy shall be bed ennuAlly, com
nesting majority in capital shan choose ave Of their nun
s : sSsd ns IL.
shsr be Chairman and entitled 20 vote all natter
i'd the fol owing named shan constitute the r,
SsmBs E JSS,o HRMsf soSe. j MccIosksT
SIC The failure 20 elect Directors aforesaid shan ne.
issove the said corporation bat the Board IN oos shall
continue exercise Iis functions, untn Board b.
SIC Three members Of said Board of Control shall con
tute for The transaction Of business and the sad
SsS ~ & aSa a en - Ssy msy s.s% t ssS
aud Tor tie Company the transaction of it,
nt ard meaning o. this Act Of or with "a.
avs Of this State Ane In the absence Of the MAJ.
They shall have and hereby authorized 70 buy and
,sny 70 make CONTRACTS leases nor hypothsation.
md compromised 70 az salaries Of Officers and employees
borrow and to Guild 70 be built for
SIC II any member Of said Board shall cease to be
stockhedsr Company during service bis
lce shall be declared and In the Of the death
Control the said Board Of Control shall have pS%,
g M vacancies oeessionsd shsrsSy unit. he arst regular
Ulcers Of the COMPANY.
action Of business and The Manager NAV call them TO
sshs st any Tine By giving six hours notice In writing
ARTICLE vi
srcrrosI II shsI be tn. duty OF the .n.s,r ., s,r q,
TO be kept In bound books In the OF TIE
ANY correct record Of the proceedings, Transactions
oouDts, property, business and affairs well full and
ae shall set Treasurer Of the Company and
Esep cash account in Of the banks banking coa
Control the and q Company sad 70
ountersgned BY the Secretary, and transact all banking
SIC 2. / shall be the duty Of the Manager Of said
Company exhibit be exhibited Sockhold
whenever therets required by them all the cooks papers
submit 70 tAem on before the twentieth Of each month
e'aed statement Of the business and Affairs of the Company
SIC In the Of the permanent absence
stey proceed TO appoint Manager pro tenn who shall .t
such until the hrst annual meeting thereafter Of the Stock
ect from among them.evss who shall be subject
sry absence Of the Manager the aforesaid Board Of Control
shall have power TO appoint y anger pro TEN:
Oomps y the Manager may repor OF such matters
md things he deem sxpsdisnt and for the
.oek in the said mPay sAbs entitled 70 one vote on all
SIC 5. The sad Manager shall have power appoint
Secretary agents and other employees annually and osne
Board II Control ane he nay remove said sgenss
SOsId 1870 -
On the expiration Of the said term Of tvsn.ynys yes
majority tie soeaSodsr. in capital sba have popsa
totermlne upon the mode Of selling and disposng Of al
% 81 the and condition. he .as o.
spos.on thereof and finally Of winding sAd hgsidatins
ARTICLE VIII
Thrssourths Of the stockhode IN capital shah have thu
wind and settle the and affairs Of said
Company, at time during its existeace OF making
this oily.
An transfer. Of stock. shall Be made m the sce Of n.
COMPANY and recorded in pooh Of transfer 70 be kept g,
st transfer to abide by all the terms Conditions and Sip
1stons Of this act and al or any rules regulations or BYLAW
made and adopted In pursuance thereof
ARTICLE K.
No stockhoder shall ever be held liable or ssponsibl
;S Is. s@oHns Of s oSs s
Company effect rendering present charter null
or of exposing s.OckhOie 70 greater liability than The
ARTICLE U.
and capacity Hs Be q n s
ARTICLE XII.
me following persons stOckhoIder, in said Com
opposite to their names respectively, to-wit:
NJ J. Smith, VIM Creevy, Jno. Armstrong, Thos Lea
stsursr, A Shropshire John femberton Edwd A. York
Harmon pOsne g ~ Brsdshs., David McCoard Ks1nstt
ARTICLE Kill
rhs Beard Of Control shah b. empowered % receive further
scrbed shall reached the Aforesaid million
ARTICLE XIV.
This Association shall into operation the
Of Fy Thousand Dollars shall have been subscribed tor
And conclusion the stockholders hereinbeore
confirmation of the aforesaid stipuatons
ordained and established present
the herenbeore mentioned and TO that effect only
DO hereuno Subscribe their respectively.
Thus done and passed city Aforesaid
The day. month and first above written IN the
q Geo Clark and Meo s.sn competent Witnesses wh'
John Pemkerton 4. Rigney, Geo. ". Manson,
William Creevy, Marshall ]. Smith, @. Il. Bradshaw,
jas. kcClosksy IA BrsdbuTy n D., Edward Higgins.
Jno Armstrong. Edw. A. Yorks.
EDWARD IVY. Notary PubIs
In presence Of Geo. CLARK, y McC Swain.
11ACHINERY, HARDWARE.
VIM. III. REYNOLDs.