The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-20
ARTICLE III.
ARTICLE ".


Tss affair: Of sid Company shan Be under the direction and
the privilege ssOcang him
Of s ssaT s oe SS @ &C Rs a
Agents assist transacns the business Of said Company
ARTCLEv
szcrIoE l. The regular meetings Of the steck
holders Of the comra'y shall be held annually,
mssins majority in capital shall choose 1--we Of their nun
u. s5 form os onr Of as s the ssd ' Tans S@e
shall be Chairman and entitled 90 ye on all matters
aid the fol owing named persons shall constitute the hst
PE aI IS1 j. ARMsfsoSG. McoIo sKf' .
Sac The failure to elect Directors Aforesaid shall not
dissolve the said corporation, bat the Board in Office shall
continue exercise Its functions until Board
SIC Three members Board OF Con troll shall con-
sute quorum TOR ne transaction Of business and the said
by lAws regulation they may deem requi
ste and necessary for The Company the transaction of it.
az meaning Of this Act of Incorporation With
aser they may select Chairman 10 preside az Their eeps
They shall have power and hereby authorized 70 buy and
to make contracts leases gases hypothecaons
So I 70 mia a. s ., tr Iha 70
the Of said Company
SIC p .ny member of said Board shall cease to be
Stakeholder Of SAID Company during his Of service his
Office shall be de AIRED vacant and in the of the death
permanent absence resignation Of said
Board Control the said Board of Control shah power
10 Ill vacancies occasOned thereby until the FIRST
meeting thereafter Of the stockholders for the election Of
SSc s. TIE aid Board shan Meet monthly for the tran
ssctOr Of business and The Manager call them to.
gehe At any time By giving six hours notice in writing
ARTICLE VI
srcrroNI II duty the Manager 20 Keep OF
Ss1Se to Be Kept in sCSns books IN the Of The Com
counts property business ahd affairs as well as full and
He shall msovsr act as treasurer Of the 0ompsny and
keep cash account IN one Of the banks banking
Control in the aud the cOmpssy and to
be aone authorized and powered to draw checks be
all
SIC .. shah be the duty o, the Manager of said
Company TO exhibit be exhibited stockhOd
ss whenever thereto required by hen all the books papers,
accounts and documents beongng to d Company and
submit % tsen on o. before the twentieth Of each mouth
during the preceding month -
sso The eyTS o. me s board % catr shall @
dstey proceed % appoint Manager pro tenn who shah act
bodes which meeting the Stockholders shall proceed
~ election espay bsssi.r and in me case Of the tempo
ra Of the Manager the Aforesaid Board Of Control
sEo AZ the meeting Of thu Stockholders Of the
CoTPs the Manager may make rspo5 Of such matter:
interest Of the mpany at which meeting each share 81
SIC 5. The ,ad Manager shah hsve power to appoint
vacancies should occur subject the approval Of the
Control; he said Sc rotary agents
Board. -
On the expiration Of ne said term Of twenty ays years
amaj0rity Of he stockholders capital shall power
sSs property and Effects Belonging % said company
e dec De % % es rms and 1 asS q ss o.
Its affairs 20 the best advantage.
ARTICLE VIII.
Threeourths Of the in capital shah have the
power up settle business and affairs Of said
sny %odhcssns additions or ehsnrss % this act on giving
sixty days notice in two Of the newspapers published
this city. q
An transfers Of stocks shall be IN the once Of the
Company and recorded In book Of transfer TO be kept for
act transfer to abide By ali the terms conditions and sr
asons Of this act and all or any rules regulations or bylaws
made and adopted In pursuance thereof
ARTICLEx K.
No stoehholder shall ever be held liable or responsible.
for the contracts or faults of said Company, be
yono the amount of his stock in said Company,
COMPANY Sae the elect Of rendering the present charter
of exposing sockho e 10 any greater liability than the
amount of his stock therein
ARTICLE XII
The said Company shall sue be sued in Its corporate
and capacity and plead and be implicated accordingly
ARTICLE XII
ThsfOOwinE named Stockholders in said Com
and IS such ss ntS 10 sHs shares placed
NJ j. Smith, VIM. Creeyy, Jno unstIong, Thos b Lee,
sssuuer, A shropshire John femberton Edwd A. York
Harmon DOsne y Sradshsw David neCoAr& Bennett
Bogart, and others -
ARTICLE KILL
The Beard shall empowere5 10 receive farther
subscription 20 said Capital Stock until the sub
scrbed shall have reached the aforesaid of million
ARTICLE XIV.
This Association shall into operation IS sOon IS the sum
AZ F pS e. soeShod SesO named III
cop naton Of the Aforesaid stpuations, and
ordained established by the act, tor
the purposes herein mentioned and 70 that effect only
DO hereuuto 81 bscribe their names respectively,
Thus passed the city of New Orleans aforesaid
The day month year first above written in the presence
Of Geo Cafk McC Swain, competent witnesses who
hereun sign With said parties and me notary
John Pember'On, F. Rigney 60, Geo; W v Manson
Jas Moliloskey IA Bradbury NJ d Edward Higgins
Jno Armstrong, Edw. A YOrke.
EDWARD IVY, Notary Public
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