The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-08-05
UNITED STATES OF AMERICA. }
sfAYs or LOUISIANA. Orr or NEW oRLrANs.

ssAxs or LOUISIANA, Orr or NEW oaLrAss.
Of Lore thousand eight hundred and
,nd Of the Independence Of the United States The
SS i'o1S ''' G s h .ns F.A.s a'' N.I P'0Ss
toned and sworn personally came and appeared the
ssrtiss hereinafter and undsrsgnsd who sevsrsy
sase Of Ii. state Of Louisiana rvs 70 the orssni1s
aen q n this state they have sne
themselves and those whom they 70 form them
purposes and under the regulation and osgs
lions following. tO-vit:
ARTICLE L
ne mans and tue q ssid Company shah be the NEW
hereby established in the city Of New Orleans and il shall
exist and continue for the term Of twenty nv year. from the
provided tor shall have corporate seal With device
thereof
The object Of company otherwise pro
Or lines Of stesmship to be owned and 10 the city
Of New Orleans and 70 trade between said city and
he Of said company shall be the proper person
whom % serve citations an other legal process where
ARTICLE III
sum Of Two Two HUNDRED xNB FiFfY THOUSAND DOT
AIRS divided into shares OF Fifty Dollars each all Of which
sspa Be increased 70 an amount nos exceeding one m
lion, the should be required BY twohirds capital
ARTICLE ".
The Affairs said Company shall be under the direction
Of Edward Higgins who may at any lime have
among the the Company subject 10 the sp
provs Of the Board Control who shall Board Of
Agents assist In antsctng the business Of said Company
ARTIoLEv.
sEcnos /. The regular meetings Of the stock
1yI cSps shall q
Of
be H. and until The sn Of a. s
aid the fol owing named shan constitute the nrst
s sf1sd E lSGs.' v KRMsfRoSs MSoLoskkT
SIC The failure to elect Directors aforesaid shall not
continueto exercise s functions until Board can be
STc Three members said Board of Control shall
tute quorum for the transaction Of business and the said
such by laws rules and regulations they deem requ
s and ~ ns S a. ss IS 81. 0 M
ard meaning Of this Act Of Incorporation with the
sger they may select Chairman preside Their meetings
they shall have and HEREBY authorized 70 buy and
psny; make leases cages hypoheeatiOus
and compromises; hx salaries Of officers employ
sne to suid to be built steamships for
the use Of said Company.
sSheder Of said Company during mis- term Of service bis
ONCE shall be and In the Of the death
absence resignation OF member Of said
board Control the said Board Of Control shall have power
% h thereby until the arst regular
meeting thereafter Of the stocEhOds for the election Of
SEC s. The said Board shall meet monthly for the tran
,sction Of business, and the Manager call them to
gether 81 time BY giving six hoars notice In writing
ARTICLE VI
sxcrIosI II shall be thu duty the Manager 50 keep
be kept in bound books in the Of the Com
counts, property, business and affairs well fun and
81 PEI HSo ct n TssnrsI ~ tSs GomnsnY and
keep cash account In Of the banks or banking CON
Control in the name and Tor sccosnt Of the Company and
be sone authorized and empowered to draw checks 70 be
cOuntesgned BY the Secretary and transact all banking
SIC q shah be the duty Of the Manager Of said
Company exhibit or exhibited the stOckhod
required by them all the 0ooks papers
submit to tsem on or before the twentieth Of each month
detailed statement Of the business and affairs Of the Company
&c II the event Of the r'iss,O1 spssncs
iisey proceed 70 appoint tenn who shall ~
siec msnsgsr from among shall be subject
% election annually thereafter and in the case Of the tempo
sSaIl have power 70 appoint a Manager pro tenn.
SIC AZ the annual meeting Of the stocsholdsrs Of The
Compa the Manager make report OF such natter
sndthngs he may deem exPsdsnt and necessary LOT .h'
oek in said O. mpany sail be entitled 70 one vote on al
sse s the said Manager shall have power to appoint
secretary agents and oher employees annually and oener
yassncs should OceS :osGr 20 .s s01 ss "
other employees at time without the sanction Of ss
sOsrd. VT,
herenbeore agreed upon existence Of said Company
.msjery OF the Stockholders in capital shall have power
the property and effects said Company and ais
disposition thereof and finally Of winding up ARd hQuidatn
/ ts Affairs 70 the best advantage
ARTICLE WILL
Of the stockholders in capital shah have III
power wind and settle the business and AFFAIR: Of sal
sny modhcstisnf additions changes this gyn
sixty days notice in two Of the newspapers puO'hs
ARTICLE TX.
Iu,rsn..r. Of stocks shall be made the once Of q
sho he ns~ stocsSodeT binding himself
70 abide S all the terms conditions and 3.
made and adopted in pursuance thereof
ARTICLE K.
No sockholder shall be held liable or responsie
for the contracts OF fault: Sld AID coSs0sa
aoT shall any nsre nfOrmAty in the organization Of 50
AZ Of sx1osns stockhol er TO any greater liability than
amount Of his stock therein
ARTICLE xI.
n. said Company shah and be sued IN It's corpors
name capacity, and plead and be mpeaded according
ARTICLE XII.
The following named are Stockholders IN said Co
Osny and entitled 70 the number OF shares pac
opposite to their names respectively o. Tho. L.
Geo. q. Garner, B, nGrison, Geo W Manson,
as1mSn Doane' q # Brsdshaw, David McCOarq Ksnn
/ Bell, VIM NJ Perkins, A. Miltsnbergsr Co., Wilhelm
S'sAr'' ana 0'n''" ARTICLE Kill
The Beard Of Control shall be empowered 70 receive fur
ubscrptions to said Capital Stock until the amount u
,cribed shall have reached the aforesaid Of one million
ARTICLE XIV.
Thi, Association snail 60 into operation the
Of Fihy Thousand Dollars shall have been subscribed
And in conclusion the Stockholders bereinbeiore named
confirmation the aforesaid stpulstions covenants
agreements ordained and established by the present act
ne herenbeore mentioned and 90 that elect OF
/ 10 hereunto Subscribe their names respectively
Thus done and passed city New Orleans soresa
The ay month year rst above written In the Prese
Of Geo CLARK and " Moo s~An, competent witnesses,
hereupto sign their with said parties and n0a
TohD p.rhsrton y RiRney aeo W. Manson
William Creevy MarshsllJ Smith. O VI Bradshaw,
Lac McCiosLey IA Brsdbury N d. Edward Il ggins,
{ mo- Armstrong. Edv. A. Yorke
e EDWARD IVY, Notary Publ
q In presence Of Geo. Clark. =. McC Swain.
e MACHINERY, HARDWARE
h WIN. III. REYNOLDS.