The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-01-25
CHARTER.

II
STATE OF LOUISIANA, PARISH OF oRLEANs
CITT or NEw ORLEANS:
Be Known, That the sirth dly of January in the
and OF the the United Of the
an Ss . sSS OF sn sds sa. a
missoned ana qualified and In the Of the
arpeared, the parties sai cd
who declared that ayans themselves Of the proveas Of
they 90 y hss form into AID
under the following stipulations, 70 wit:
ARTICLE I.
The official name q the shall be the MIS- SIS
SOUTH AND WEST aud IL shsn have a corporate seat
with the name of the Company thereon.
The business and legal dome Of the Company Corpora
only by vote Of tbree-fourths Of the Stoekh ders
III.
The object Of this Company is to construct otherwise
aud maintain steamboats,, other
sels Missssippi River or its tdbu.
gers and generally to exerce such ncdens powers and
prg are hereby or may hereafter be conferred them
w.
The Pr sdent Of the Company thus formed is hereby
sttuted the officer on whom citations may be served.
AKrcLK "
The capital stock Of this Corporation is hereby fixed
Five Hundred Thousand Dollars represented by Eve thousand
oSs ba % Ten per cent i zach
and the remainder shall be paid a. the time and in the
per cent Of aid subscrpon shall be called for
at any time and not oner than in thirty days
any the Board Directors may deem advisable do
r ss Sn OF % o II S o 70 an 91
Of ihs capital Of Five Hundred Thousand Dollar.
ARTICLE W.
OF the stockholders in capital shall have the
power 20 wind and sst the business aud affairs OF
company any during Us existence. or Of making any
sixty days previous notice two of the ne Aper pub
hshed Ia this city
The Beard Of Directors early shall proceed
the officers Of he corporation, which shS Of Pre
and such other officers they msy recesssry tse two
hrst Of which shall be from their own nGmbar
ARTICLE VIII.
The term for which this corporation Is formed shan be
IL.
sEoTrosl The regular meetings the stoekhodna Of the
Company shall be held annually, commencing tbs third
MONDAY Of December 1868 which time sjory 10 capt.
for The ensuing year WHO shall fern md constitute board
Sontro for the Of the Affairs OF tbs Company
until the election Of directors as ,forssSd the following
the affairs Of said Company, any three of HON coz
stitute quorum via; Thomas A AdtpS William Whanu,
houltOn, George FOsdick and David DeHsvsn
tss sas s g sss S Oe.os & nesting o.
Directors then in ONCE shall eoatnue TO their an
SIC Members Of sad soard Of Directors sh ali form
quorum 70 do business and TIE ard Of Directors shall
iST tho Of the Company PROVIDED the 90
Of Inecrpers ion the laws Of this state The sosr al
Dirtctor MAJ declare dividends rUm time TO time they
sES u any Director shall cease to be Stakeholder
event the death permanent absence or of anv
Director The Bead shall have the authority vacancy
oecssioned thereby.
ARTICLE 4.
No Stakeholder shall ever be held n BILE or responsible
%qSH q . be. n sf TO ss IN mp SSySTa Ss
sh. any mere infornAity in the osganz alton % said
Ter null Of exposing Stakeholder to any greater lis
oy than the amount Of his, her, stock therein
AETicLH xL
sherld any Subscriber neglect TO paw punctuay
his her or their nstaeut insameuts the same fas
due Htrest at the rate ofegh per cent per annum sh ~
added thereto from ustur ~ until Teal payment diTanv
within tht days ~ er tie specs tim. Of nsv.
toe BoaIa Of directors shall have right % causing am
sod at auction. said ssare 81 shares or a p
BY suu the payment Of such nstaeut or nstanents a.
the Board may deem advisable
ARTICLE XII
Inscription 70 be binding until the Of hundred
Per cent shall be due and pas able.
ARTICLE KIN
The fooWug named Stockholders IN said ,r
pS ha s such are EMIT ed 10 the number shares Of
william Creevy GeoFge A Fosdick Thor as A Adams We,
Shsnn, na5ea Monitor. Charles Briggs Jr William $
And IN eneluser, the sockhoders herrinbefars named
in conformation q the sfoesad sipaafons eovenans Sd
and esas.hed by the present
herein sevye subscribed their n.1ss respecsvsIy . -
thus done and pssed Al TOE city Of New Orleans sorsssd
OF George c arb and Nee svain w,tne.sss of isRsf
dcmieil this ely who hereuufo Sirses ,bs, 49,,
with said parties aud me notsry.
~ GEORGE CLARK,
- ra,a- 81 - p. NcC. SWAIN
EDWARD IVY, NotNy Public