The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-02-04
CHARTER.
CHARTER.................... ....CHARirEl
STATE OF LOUISIANA. PARISH OF ORLEANS.

STATE OF LOUISIANA, PARISH OF ORLEANS.
CRY or NEW ORLEANS:
Be il Known That on the sir day January in the
and Of the ndeOendence Of the United StSes Of AmsTca the
niIeysecopd before me- Edysrd Ivy n2tsry public IL
misOneo and qualified and in the Of the witnesses
appeared the parties berenasr named aa1 Undersigned
who declared that awaiting themselves Of the provisions
pOaoR they do BY these present. form themselves into and
under the following stipulatons to Wit:
ARTIcLEI.
The official name Of the Corporation shall be the MISsS
SOUTH AND WEST and II Shall have a corporate sea-
with the name Of the Company thereon.
ARTICLE II.
The business legal domc Of the Company Corpora
ton ha be in the city Of Orleans subject
only BY vote Of three-iourths # the Stockholders
ARTICLE ILL.,
The object Of this Company otherwise T.
& TO run on or nayixate the Mississippi River or its tbg
tsre for the purpose OF csrryng freight mails and passen
and generally TO eXecie such incidental powers
pngss be eb may hereafter be conferred on them
the puIposs Aforesaid.
".
The President Of the Company thus formed hereby
stitued the officer whou citations may served.
ARTICLE v.
The capital stock Of this Corporation Is hereby axsd
shares Of Que Hundred Dollars each per cent
subscription shall be payable 10 conformity vita Article XII
prescribed BY the Board Of Directors provided that
per Of aid subscription shall be called for
any time and than thirty days
provided Company may commence business
The capital may be increased to amount not exceed
Of he capital Of five Hundred Thousand Dollars
ARTICLE vi.
OF the stockholders capital shall
power to wind up and se the business ana AFFAIRS o. the
company at any TINS durng ~ existence O. Of making any
sixty days previous notice In two Of tho Newspapers pub
lisled Ia this city.
The Beard Of Directors early day shall proceed to elect
the officers Of the corporation which sha consist of Pesi
and ur other ofs Is tsey NAV deem Necessary lie two
fret of which shall be from their own nnmbsr.
ARTICLE VIII
The for which this corporation is formed shall be
ARTICLE TX.
sEcos The regular meetings Of the Stockholders 1fthe
Company shall be held annually commencing the third
Monday Of December 1868 at which time majority in capt
Tor The ensuing year who shall Board
Control for the management OF the affairs OF the Company for
the following year until their successors are appointed And
until the election OF directors as sforesaid the iOoR wing
stut- quorum, viz Thomas A. Adams, William Whann,
Moulton, George A Fosdiek and David DeHsvsn.
the stcckhosers ssa not dissolve the Company but the
Directors then in Office shall continue to exercise their unc
SEC - Members Of said Board OF Directors shall form
quorum do business and the rard of Directors shsu
have power TO make aud adopt al necessary rules aud bylaws
for thu rment Of the Company prov ded the same do
Incorporation" and the laws this state The Board of
Directors may declare dividends from time to time as they
SIC If any Director shall to be Stakeholder du
ring his Office t shall be declared vacated or in tie
event Of the death absence or RESIGNATION OF any
Director the Board shall have the Authority to vacancy
occasioned thereby.
No Stakeholder shall ever be held ,ble responsible
for the faults OF said Company beyond The
grnOunt his her their stock in said Company,
shsl any iniormaity in the ganization OF ssd
Company have the effect Of rendering the present char
null. exposing a Stakeholder any greater liza
b y than the amount Of his, her. their Stock therein
xI.
Should any subscrber rem neglect pay punctuay
his her their nstament instsllment the falls
due the Ofeght per per shall ne
added thereto from matuT until hua payment aad IL
subscriber negects his her thair In tall
Board Directors shall have the right Of causing
which nstament be due to be
by the payment Of such intsment instsmens
the Board may deem advisable.
ARTICLE Kill
No subscription to be binding until the Of two hundred
thousand dol subscribed when the hrs payment
per cent shall be due and pay able
ARrIcLE KIN
The following persons Stockholders In said Com
psny such entitled to the number OF shares OF
stock placed opposite to their names respectively tow
William Creevy. George A Fosdick, Thomas A Adams, VIM.
whsnn, Allied Moulton, Charles Briggs Jr William S.
Pike, ID DeHaven.
the Aforesaid stpuaions
ordained aud established by for
the purpose above mentioned and TO that effect on have
herein above subscribed their names respectively
Thus passed city New Orleans aforesaid
the day month, first alb written in the
Of George McC swain, witnesses of lawfa
domcatsd this city, who hsreunto signed their names
"''D '"A~ p~''''' ~N GEORGE CLARK,
+. McO SWAIN.
EDWARD IVY. Notary Public.