The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-04-18
N. O. STEAMSHIP COMPANY.
CHAHrzH.--.............. CHAHrn1
NEW ORLEANS STEAMSHIP COMPANY.
UNITED STATES OF AMERICA, f,
or LoursrAxA. Orr or NEW oxzrxxs.

CxAn o. LourrANAs orr o. NEW okzRASs.
81 s Sassssd 40 81
ninety before ns' EDWARD dc w., no.srS public
..u. ana state :r he Gy and pssh Ne. q.
ss s1ss and personally came and sopssrsd q,
declared svsns q he provisions o. ~
statutes OF the rtafe Of Louisiana relative to the orgsnizs
% y e.s sss s
themselves and those whom they represent TO form them
pupoes under the stpustons regulations and obxa
tons following. towft:
ORLEASs sIEAssHIP o0MPxNT." and its dc domieiI Is
hereby established in the city Of New Orleans and shall
date Of these presents dissolved As hereinafter
provided for l. shall have seal with upon
the same and the name of the Company the margin
ARrcLE H.
object said company to construct or otherwise pro
or lines Of ssmshps to be owned AID c.nross n me ey
Of New Orleans and 70 trade between .aia and any port
s shall s me
IN the said Company may be interested.
ARTICLE III.
sum Of TWo HUNDRED AND FiFTY fH3nsAsD DOL
:, u divided into shares Of FIFTY Dollars each all Of -he
capital may be increased amount not exceeding mil
lion. the should berequred BY twothrds capital
AhIiCLE
TIE affairs ofssid Company the direction and
management Of Edward Higgins who may any
the privilege OF sssociatng with him from
povai Of the Board Control Who shall act as board Il
Agents assist acting the business Of said Company
ARTICLE v.
SECTION. l. The regular meetings of the stock.
Messing msicriy in capita. shall choose i've q their
ss q
sns Ss H. ana sp Sn s % Sns y on al
aid the following named persons sss s19'tsgts the hr
f ff1sG & SsS.' HhMsfsoSa
SIC The failure to slss. Directors as Aforesaid shah not
connueto exercise It's iuncons until Board be
elected.
sttute for the transaction Of business and the said
Board hereby invested vita full fran. and adopt
site and necessary for the Company its
1 q % % Of "a s s %
laws Of this state Ana In the temporary OF the Man
They shall power and hereby authorized TO buy and
sell steamships, fuel estate for the Of the
pnd to tx Of and
borrow and TO sud TO be built
SEC u any member Of said Board shall cease to be
ONCE shall vacant event Of the death
permanent absence or resignation Of any member Of said
All vacancies occasoned thereby until the nrt regular
meeting thereafter Of the stockholders for the
sEo s. The said Board shall meet monthly for the tran
saction OF business and The Manager call them to-
gether at time by giving six hours notice In writing
ARTICLE VI
srcroxl II shah be the dutv Of the Manager 70 keep ar
be kept in bound books the Of the Com
correct record OF the proceedings, Transactions
complete Of the receipts disbursements thereof
BE shall moreover act Treasurer OF the Company and
psnes Of this city, subject 70 the approval Of the Board Of
Control in the and for Account q the Company and
~ the Secretary and transact all banking
SEC .. I shall be the duty Of the Manager Of said
Company to exhibit causste be the sockhod
accounts belonging Company and also
submit TO tsem before the twentieth Of each month
during the preceding month
syc In the event Of the re.gnstion .nent absence
ah Of the Manager the Board 81 Control shall mme
distey proceed to appoint MANAGER tenn who shall
Folders q, which meeting stockbodsrs shall procssd 70
elect manager from among themeves who shsl be subject
rsy sbssnes Of The Manager he Aforesaid Boss Of
shah have power 70 sppoi.s Msr.seT pro tenn
Compa y Manager may repors Of such mattsrs
S the S1 Which each share s
stock In the said mpany ssa be entitled to one vote all
5. The tsid MANAGER shall have power appoint
Secretary agents and other employees annually and oener II
Bosrd 81 Control sno be nay said Sc
other employees at time without the sanction Of said
''' ARTICLE WI
On the expiration Of the said term OF twentyv years.
heenbecre agreed upon for the existence SAID COmOsny
deteimne upsn the mode sf selling snd disposDg Of all
The property and effects belonging 70 said Company and also
disposition thereof and hosy Of winding and quidsng
its affairs 70 the best advantage.
ARTICLE VIII.
Threeourths of the stockholders capital shan have the
wind and settle the business and affairs Of said
Company at any time curing its existesce or Of making
davepr
this city.
An transfers Of stocks shall be made In the once Of tn.
that purpose The stockholder binding himself said
act Of transfer m to abide n all toe terms conditions and sp
made and adopted In pursuance thereof
ARTICLE K.
No ssockhoIder shall ever be held liable or responsible
for the contracts, or faults Of said Company, be-
nor shall any mere nformay in the organization Of sad
Company have the effect Of rendering the charter null
Of TO any greater liability than the
amount Of his stock therein
ARTICLE II
The said Company shah sue and be susd in It's corporate
and capacity and plead and be implicated accordingly
ARTICLE XII
The following named persons are stockholders In said Com
psny such entitled the number Of shares placed
opposite 20 sesr Rsnss i've ,.
Geo. @. Garner j. b surson, Geo W. Mansoo, H.
A bnroIsnirc euDeftOn A.
Harmon Doane @. II. Bradshaw David McCoard Kennett
Bell, WIN Perkins, A. Micnberger Co., Wfhelmus
S'sar'' and DINERS ARTICLE Kill
The Beard Of Control shall empowered farther
subscriptions said Capital Stock until the
scrsed shall have reached the aforesaid Of million
ARTICLE XIV.
This Association shall 90 into operation the
Of Fiy Dollars shall have been subscribed
And in conclusion, the stockholders herenbefore named
Confirmation Of the aforesaid spclstions covenants and
crdained and established BY the for
purpoes herebeore mentioned and 70 that effect only
do hereunfo Subscribe their respectively
Thus and the city New orleans Aforesaid
month first above written in the
Of Clark r. McC. Swain. competent witnesses
herento sign their with said parties and notary
John Pemberton, f. Rigney, Geo W. Manson.
William Cresvy, MARSHAL J. Smith. q a Brsdshsw,
Jss McCloskey. IA Bradbury. N D.. Edward Higgins,
Jno Armstrong, Edw. A. Yorke ~
EDWARD IVY, Notary Public.
In presence Of Geo. Clark =. Nee. Swain.
ED UCATIONAL.