The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-18
ARTICLE FIFTH.

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ARTICLE FIFTH
These articles of association may be modified or altered
ing Eve HUNDRED thousand dollars S5OO1j ia the mauner
provided sy law with the nssnt Of III
after thr y dsys notice ~
Whenever any capital shall be duly authorized
sixty days notice shall be given IL two ps9s
papers published in the city Of New orleans within which
shares in proportion . the amount Of hs stock and any
shares not taken at the expiration Of that NAV IA d
posed Of BY the for the benefit Of tie Ass,
but not 1t less than par value.
ARTICLE SIXTH.
Of Directors, consisting Of Eve oersons ssrb ~ ho b
Swn in b: own right At 25O0 twenty i've hundred
ARTICLE SEVENTH
On u. hrst Monday IN April 1852 and annually thereafter
the Corporst on: Of which election prevou
noer Of least ten days shall be given In two
ARTICLE EIGHTH.
PTs. SDSb s5s Sc sa9sS % @ Directors who
shall their r meeting after their election choose one Of
sced BY q majority Of the whole Board, upon whom all
Ss I Ss S u Ss preside at all meet
ns the Board and in case Of his absence or inability 70
shall the time exercise he full pOseIs q President
Of two inspectors appOn Board, at
prior election and in case q absence neglect or refusal
point others in their place
ARTICLE NINTH.
majority 1.-THE Bosrd shall be necessary forn quo
rum, decision ofsuch majority shall be valid corporate
Board of Directors shall power are hereby
authorized buy e such and personal property
may be required Tor the use of the Company.
ARTICLE TENTH.
The Board Of Directors shall appoint secretary and all
snS al The SS aSs SRs tho
Of securty that shall be required from any Of said
err the tran saction ordinary ompsn,
committees OF their body their officers or agents
in and without the state under such conditions to
laws ~ es and regulations and ths
interests Of the Corporation require H. and
se A n Ss Such Be on
account Of death want 81 the eauiss number
ARTICLE ELEVENTH.
BOOKS registry transfer of the capital stock
Sy The ByLSws Ali transfers Of shares shall be made on
signed BY the stakeholder MS attorney and
Rncs s1Pedeney may require but not for longer period
Should any subscriber the to transfer the
previous TO full ent having been made be shall be
patty pnrchss ng provided that the substitute is satssc
;oTys6 z Board Of Directors.
| ARTICLE TWELFTH
failure from any elect Directors on the day
for that shall rot dissolve the Association
election held Of which notice shah be given provided
bella iSl A''''' ASn'"' 'O ''"''' UNI" all '''"on De
ARTICLE THIRTEENTH
Each shareholder at al meetings election Of Drec.
tors other purposes shall he entitled drec or BY proxy
all have owned his stock at least month prior e the
VI '' ARTICLE FOURTEENTH.
This corporation shall twenty years
4
| the Recorder Of Mortgages in this city.
carried only Onehslf of it's capital
| ARTICLE FIFTEENTH.
NJ IaSeyre q = GiSrdey Giendy BuYfe and Caleb s
Hunt are hereby constituted Board Directors
and sSd BoaTa hail serve until supssdsd
their sscceo to be elected as provided in Article Seventh
ARTICLE SIXTEENTH
The Board Of Directors may accept Professionally any
power privilege conferred on this Association BY any
BY the adoption Of any Of Legislature
hnsl acceptance of such ar privilege snail be De
holders
| ARTICLE SEVENTEENTH
The liquidation affairs OF the Association shall b
made BY three commssoner appointed q the
vious notice two newsps er puoshed IN New Orleans
NOT INDEBTED 10 the xssOciss on their term Of ocs shS
be assigned, and all necessary power conferred upOr
The period Of foundation shall be fixed a veil as thsi
resolutions in general meeting nvened. desermine.
| ARTICLE EIGHTEENTH
The Of the stockholders their residences and tn
number Of shares held BY each respectively for tn
present declared be such subscribed TO this act
opposite the names Of each respectively.
Thus done and passed my ONCE the said city Of Ne,
Orleans in the presence Of Ado phe Bache and Henry
Hyams Jr competent witnesses who hereunto sign thsi
together with the said parties and the said notary
on the day, month and year hrst above written
| Orisinsl signed: GEO. FOSTER and others.
| p. CHS. COVELLTER
| Notary Public
A. BLACHE,
II. NJ HYAkS, JR.
| fsiTned p. CHS. CUvELLIER
| Notary Public.
HAW KINs's BRANCH
CORNER OF GRAvIER AND ST. CHARLES,
lnnnosita Charlaa Hotall