The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-11
NAVIGATION IMPROvCMEN VT.
STATE OF LOUIsIAsA-
PARISH AND CITY OF NEW ORLEANS.

BE TT KNOWN this seventeenth day Of June, in
the Lra thousand eight hundred and sixty
lea he ninety second, Before me ANDREW HERO Jr,
Notary Public in and tor the parish and city Of New Orleans
the Of the witnesses hereinafter nsned and unar
names subscribed who ssvery declared that
awaiting themselves o. the p-cvsions Of the Statutes o. the
fO works Of pablo improvement and utility they have cove
and 6na themsey.s aid 5oss whom they reprsseUt
themselves into ana constitute Corporation ior ins
and purP ses and under the spustions and i'
ARTICLE FIRST.
The tile q said CSrSTstSpv sss b TsE
PANY domcI shall be the city Of New Or
leans, Stats Of LOnisisnA
ARTICLE SECOND.
and Of said Corporation the reno
val Of the bars and the protection OF the eyes OF me
removal Of tidal bars also the f1rms
quicksnds mAshy soils BY the sad ap
DSsSon OF MsnSo 0s or n
EDWARD Mnco By the Kingdom OF Great Britain and by the
~ apparatus and as may hereafter dscov
and of which the s.ia Corpora
The he BaSrd Of director. said Company
shall be the officer on whom citation may be served
ARTICLE THIRD
The Capital Stock Of this Corporation Is hereby axed
ed BY twenty Thousana shares Of Two bundled and
fifty Dollars each, Of which half Ten rhous-
poses exr ressed in the following .itce The other one
half Ten Thousand Shares shalt be sabscrOed and
The subscribers 70 the said shares shall Pay iato the
ton for business twenty dvs dollars on each and every
share Of seE subscribed by them of the remaining two
shane the shall Be Psd in st the once Of and @ the sd
Cents PEI share once in every four months after ry days
public shall have given Of each such call by the
the city Of New Orleans And the residue q toe Of
each share VIZ; One Hundred and sxtySo Dos-s fifty
pany ster two from the date Of the said Oompsny
gansaOu for business thirty days notice. the Board
call hall any time be made for than Twelve
Dollars FIFTY Cents per share after the Of the first in
stamen ten cent and each and stoeknoder
himself her elf from all further liability remaining
instamens by declar at the Office Of said COMPANY
receipt such ns aneutsa BAY paid In which
uSh sse as vel as in case Of ig Of any 70
toekbode shall forfeit all payments tAeretofne made thee
by him her them and stock shall revert to the
id company for its and benefit and may be either
'4' ARTICLE FOURTH
The Ten thousand Shares or one half Of the Capital Stock
in he foregoing article shall belong
John p Msnico agent Of Edward Msnco Edward FOatae
Ss.e SUe Of said cs.on Dc Fer I&poSsasns IN saas
in ne PrGgoTtSnI OMGwog VIZ Fvs thou
hve hundred shares aid Edward Fontane and
Said shall equally with The
shares snd receive squs amount of the dividends from
be required the holder thereof whether IS
sssessmsns otherwise All payments or sSmeuts
from. levied the other stockhOders being
considered having been already paid by e holders II said
shares bv Of assignment
said Company by said John r. Msnco, and said
Edvard Fontane and JOIN Halliday of their rights and
interests and 10 said Patent styled CAson de Fer"
Improvement in Marine foundstonsn the right
the and 10 vtnd IL Z
acceptance of the subscribing
their these Articles II Association shs Imply
ofthe said John p nanico Agent Edward Fon-
tane and John Halliday and they do hereby ul and
comp convey transfer aud assignment the said
Corporation, Of all their rights and in
States Of America in and the said discovery and invention
entitled CassOn de Fer Improvement In
dai0ns the Letters Patent granted therefor future
improvement Is upon the same.