The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-01-11
CHARTER.
CHARTER ..........CH AkTEK.
STATE OF LOUISIANA, PARISH OF ORLEANS.
CIrr OF NEW ORLEANS:
CHARTER.

STATE OF LOUISIANA, PARISH OF ORLEANS.
CIrr OF NEW ORLEANS:
vee Of our Lord one thousans eight HUNDRED and
OF the Independence the United States Of America the
Pash Of Orleans, State of Louisiana auiy
bereina after .ed and undersign 3D. personally cane aud
appeared the parties hereinafter named aad undersigned
the statutes Of Louisiana relative to the org4n5at on OF cor
Constitute corOorst on for the following specified objects
under The following stpuations, to wit
The official Of the Corporation shall be the MIS- MS
SOUTH AND WFSE and il thsT have a corporate seal,
with the name of the Company thereon.
ARTICLE II.
The business legal domic Of the Company Corpora
only by a vote of three-iourths VI the Stockh Jders
ARTICLE III.
The object of this Company is to construct otherwise to
procure and maptan one or move eats or other y
tares for the purpose OF carrying te'gnt ns ana
privileges may hereafter be conferred them
or the purpose Aforesaid.
The sident Of the Company thus forncd hereby
stituted the officer whon citations may be served.
ARTICLE
The capital stock Of this Corporation Is hreby fixed at
Five Thousand Dollars Tepeened by five thousand
unored Dollars, each Ten cent of each
AID the remsodet shall be paid a. tie time and II Ihs maa
more than ten per cent Of laid subscpSon shall be csea
any and o-ner tn in thirty ys and
pro- time ths Board 6Pses may dem advaSs t. do
The capital be increased to an no, exceed
One Million of Dollars by vote representing twOthrds
of The capital Of Five Hundred Thousand Dollar.
ARTICLE
of the stockholders capital shalt have the
to Wind ~ ana & ne SG,sss an Sn Of n %
mod cations additions or changes TO TINS ae on CIV
days previous notice In two Of the newspapers pub
lished IL this city.
The Directors early day shall proceed to elect
the oers Of the corporation which shall consist Of re /
dent President Treasurer Secretary superintendent
frat of which shah be from their own aambsr.
The term for which this corporation is formed shall be
twenty five years.
SECTION The regular meetings of the stockhod, Of
Company all he h-ld annually commencing IN tas tard
tai sh Ill choose twenty their number TO directors
for tbe ensuing who shall fern and constitute Board Of
the following year. until their are app tinted And
the election OF directors sfortsad, the folio wing
nsmed persons shall constitute Board OF Directors
the affairs of said Company any three Of hom shall CO..
stitut- quorum, viz: Thomas A AdSn' William Whann,
Charles Briggs, william Pise, Wiism Creeyy Alfred
MSSo5 eGsEe Fosesk sDa Drss u nesting Of
the Stockholders shall not dissoys the Company put the
directors then in office shall costume to exercise the Juno
| lions until new Board be electtd -.
SIC Members Of said Board Of Directors hal form
have power make adopt all necessary rules aud oax
sS TIS ne 81 1s and m snnS Of this Act
81 lncorpora ion and the laws OF TINS stats me
Directors declare dividends frOm time to time as they
SIC If any Director shall to be Stakeholder du
ring his term Of ohce shall be declared OF N @
of the death permanent absence OF OF any
Dco the Board shall have the authority to hthe vacancy
OccaSiCntd thereby.
No sOckholder shah ever be hed BE or responsible iS
of his, her, their sto in said Company, no
shall any informally in the organic alton OF sh
Ter mil or Of exposing stockhoIder any greater liza
bty than Of his her, or their stock therein
ARTICLE x.
Sbsrd any subscriber re u neglect 20 pay punctua
HE her or their instalment ustameuts, the ia
du, It.Tet at the rate per per shall
added thereto from until al payment a az
ment within hit, days f er tie sosciei time pay
Board Directors shall have the right OF c1sins 40
sod at auction, 10 oiie said scare Of shares o - nj
the board may deem advisable.
ARTICLE XII.
Nofuhscrpon be binding until the sun Of two hunare
thousand sc ed, when the hrst pay mont o. te
per cent. shall be due and payable
ARTICLE
psny ana as surh are EMIT to The number shares
took placed opposite 10 Their names respeet'yey 70
whann Allied MoultOn, Charles Briggs Jr, William
| Pike, DeHsven
And in c,rousion the stockholders hereinbefre name
10 cor formation o., the sfo essd s'ipuistios covenants a
agreements, ordained and established by the present set
the purpose above mentioned snd to that effect on y ma
| herein sbeve subscrib Their names respectively.
Thus done and p city Of New Orleans aforesai
one 3 coy % p n and MeG ssoa witnesses Of sE az
dsmicilstd IN this eiy who hereunto gaea theH nan
WIZ '"'D PA''''' anu "- GEORGE CLARK,
| +. McJ. SWAIN.
EDWARD IVY, Notary Public.
|