The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-23
UNITED STATES OF AMERICA.
sfArx or LOUISIANA. Orr or NEW ORLEANS.

UNITED STATES OF AMERICA.
srArx or LOUISIANA, Orr or NEW ORLEANS.
year Of our Lord one thousand
and Of the Independence Of the United States the
Hn'; and for 0; the City s and Psh s New OF
sionsS ana swo1n personally came and appeared he
parties hsrsinssr named undersigned, who ssvereG
:sass Of ni n. sss e. relative to Ss OTs
ton Of eopcrsoss in this State they have sns
themselves whom they represent 20 form them
purposes and under the spustOns regulations and Obgs
tons following to-wtt:
ARTICLE
n; nan: and 50: e ;sd cS%BsRy :hs :: q: %EEE
hereby estsb,hse in the city Of sew Orleans and - s1s s
dat Of tbsse nrrssps miles, sissvsd gs h.reinar
provided for shall have seal with device upon
ihsrsOL ''-' :
The object Of said company otherwise pro
lines q steamships TO be owned aud controlled In the city
or port. on the Atlantic coast or Gulf Of Mexico
% sS shall e the proper psrsSs on
h the said Company may be interested
ARTICLE Ill
sum Of TWO HUNDRED AND FIFTY thousand DOL
LARs divided into shares Of Fifty Dollars each all Of which
capital be increased to amount not exceeding NIL
ARTICLE Nv.
The Affairs said Company
The privilege ,ssociatng him one OF more
a%SaF ss S 81 The Company subject 70 the "D
Agents 10 assist In Antaeng the business OF said Company
ARTICLE V.
srcnoH l. Ths regular meetings Of The stock
hodsEs Of The Company shall be held annually com
sens ns s1s IN eSps shah sSoos ave 81 their T na
S e Ss9d Of ns :IS x. .s s SSs
shall be Chairman and entitled % one vote on all matters
aid the following named persons shah constitute the n
PPE Tls }. ARMsfRoNG, j. McCLosRhY' -
SEc2 Tbs failure 10 elect Directors aforesaid shall mot
dissolve the said corporaton but the Board Ocs shall
continued exercise Its functions, until Board be
SEo Three msmbers Of said Board of Control shall con-
sute quorum for the transaction Of business and the d
such by laws rules and regulations they requ
site and necessary for the Company ard the Transaction Of 10
tent and meaning Of this A Of Incorporation OF With ths
ager they may select Chairman preside their mesngA
They shall have power and % HEREBY authorized . buy and
pA9y 70 make contracts leases mortgages hypotheeatons
borrow money and to Guild osuse 20 be built steamships for
SEo II any member Of said Board shall cease to be
sSekhsdsr OF sad Company during mis- term Of service his
sna ~ anu IN sne eVeht OF the aealI
Board Of Control Control shah have power
meeting thereafter Of the Stockholders for tho election Of
$50 The said Board shall meet monthly for the tran
sSesion OF business and the Manager may call them TO-
ARTICLE
shall be the duty Of the Manager 70 ken or
psny correct record Of the proceednS. s
So1Dt property business and affairs as well a. fS and
De shall moreover act Treasurer Of the Comps any, and
pSnies Of this y subject To- hs aoSSov Of Rs RS. Sp =;
Control in the name and for secOunt Of the Company
~ the Secretary, and transact all banking
SIC ?. i shall Be the duty Of the Manager of said
Company 70 exhibit or be exhibited TO the sOckhOd
accounts and documents Belonging 70 said Company and also
detailed statement Of the business tie Company
during the preceding month.
Or ath Of the Manager the Board Of Control shall immo
s1b until tps s Sppvs m.ss pro ss whe shs so
holders which meeting the stockholders shall proceed TO
70 election annually theTsSs and IN the case Of the tempe
ay absence Of the Manager the Aforesaid Board OOnlrO
shall have power 10 appeiHt Manager pro tenn.
sEc Al the annual meeting Of the Stockholders the
.ndthngs he deem expdeat Necessary Tor the
och in the said mpsn sail be- spsa 3 s sssH 1o ss are a
SIC S. The said Manager have power 10 apposn.
Secretary agents and other employees annually osner
yaeancss should occur subject to The approval OF the
o. other employees At any time. without the sanction o. sd
ARTICLE VII.
On the expiration OF the said term Of twenty-five years.
a,s3SsoTs ;srssd upon for the existence q said Company
sssgp o. a 1oe & n capital shall have power 2
hs property and belonging 20 said COMPANY and also
aisposOn thereof and finally Of winding up ssS g0datns
lie AnAirs 70 the best advantage
ARTICLE VIM.
Thresourths the stOckhoders in capital shan hsv. thu
Company, At any time during It's existence. Of making
any sddons or changes 70 this act giving
this city.
All stocks shall Be made IN the ooe Of Tia
Company, and recorded transfer 10 Sc Kent y
that purpose The stakeholder binding himself in said
ustions Of this act and all or any rules regulations bylaws
made and adopted In pursuance thereof
ARTICLE K.
No stockhoder shall ever be held liable or sr..pons
yond the amount Of hi, STOCK in said Company,
Company have the effect Of rendering present charter null
or Of exposing ssOesholder to any greater liability dian ths
ARTICLE XII.
Tbs said Company shall be sued in its corporate
and capacity and plead and be implicated accordingly
ARTICLE XII.
The following named persons Stockholders in said Com
pany and As such are entitled 70 the number Of aod
opposite 70 their names respectively, TO- Wit
a. m J Smith, VIM Crew JnO Armstrong, Tsos B: Lee,
stsuHer A shrqgshire John fe%berton Edsd a. York,
Bel, VIM N Perkins, A. Miltsnbsrger Co, Whhslnas
S's~r' and others ,prrc,p vr1
The Beard Of Control shall be empowered 10 receive further
subscriptions 70 said Capital Stock the amount sub
scrseo snail nave reached the aforesaid Of million
ARTICLE XIV.
This Association shall go into operation sum
Of fny Thousand Dollars shall have been subscribed for
And in conclusion the stockholders herenbeoe named n
Confirmation Of the aforesaid stipuls0ns covenants and
ordained established By the present act Toe
the purposes herenbeore nt0ned effect only
DO hereunio Subscribe their names respectively.
Thus done and passed At tbs Of New Orleans Aforesaid
the day. month and year hrst above written presence
Of Geo Clark and p Nee. Swain competent witnessed Who
hereunto sign their with said parties notary
John Pembsrton, Il. Rigney, Geo w. Manson
william Creevy, Marshall ]. Smith O. w. Bradshaw
gaa ncCloskey, A Bradbury NJ d. Edward Higgins
Jno. Armstrong. Edw. A Yorke. a.
EDWARD IVY, Notary Public
In presence Of Gee. CLARK, r. McC. Swain
MACHINERY. HARDWARE.