The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-26

he mar o Y. -. r.. II.
Peterson, full convey snce transfer and assignment Of ali
their right the State OF Louisiana TO their discovery
10 All future improvements on the samel :
The said shall further be entitled receive from
the said Company $7JUO Thousand dollars a
pen for their expenses past future exp
mace up: ia By allowing them so fifty per 90 the
hst assessment on shares subscribed BY Others and I'd
portion on future assessments.
ARTICLE FIFTH.
These articles Of association may modified or altered
and Inc cava stock Az be Increased any sum no exceed
ing hundred thousand dollars s5OOOO1 ia
AL the holders obtained in general msetiog convened
Whenever any increase Of capital shall be duly authorized
sixty days notice Of the shall be given in two
s oRhoSsrs shsiiSsye the pTsils taking additional
:s:: ~ y as o. s sssn ma. ana any
posed Of BY the deciO for the benefit Of tie Association
but not at less than par value.
ARTICLE SIXTH.
An powers this Corporation shall be Board
Of Tor sb q ss % ss9 q sns
dol of the capital stock Of said Association.
ARTICLE SEVENTH.
On the first Monday IN April 1862 and aunuay ths-ssrer
econ Of I've vi ectOr by the tockhoders shall be be
Sos s o az least ten DAYS shall be given in two
pSbiisbsd in abe aiiy ofNA~ Orleans.
ARTICLE EIGHTH.
plurality votes counting for each shave Of
stock voted Epsp shall Ge s1sP TO elect Directors. who
their number for President Of the tion Who shall be
By Ss s re upon Wa0 all
It shall be the duy the President preside all
% e BE S1S 81 s Of .@ who 20
elections shall Be By ballot Under tn. supsIntendencs
Of appoin ed by the Board at least
p G the the Board s
point others in their place
ART Gle NINTH
majority the Bosrd shall be necessary for quo.
rum decision such majority shall be valid corporate
q shall have full and hereby
may be required for the use Of the Company.
ARTICLE TENTH.
The Board Of Directors shan appoint secretary and all
shall Of all officers CT the Corporation and the
SsI sn Ss o any such q
the Of the ordinary business othe company
they may deem expedent and 1pont with
hal and they sSs have the to make BY
laws sDs and to s@nd and alter the same
shall also have the DsWsI % supply any vsss sss that may
of DEATH resignation want Of the requisite number
shares insolvency absence without leave Tor three
ARTICLE ELEVENTH.
Books for registry and transfer of shares the capital
By the By Laws All transfers Of shares shall be made
heh SAID book the Directors may close as often as
hencs espedency my require but mot for longer period
Should any subscriber the stock desire transfer the
previous TO full msnt having been made he shall be
Permitted do BY subs lutte q the subscription Of the
pW sars ~ ,nA' 'ns substitute
ARTICLE TWELFTH
failure from any caus. elect Directors day
Directors then Office shall bold until another
eecton held Of xhcnotics sh III be given provided
i held IN AiH'i' SA'"' '"' ''H'''' ~ all '''''H DC
ARTICLE THIRTEENTH
Each shareholder at al meeting. for the election Of Drec
10 vote on each share Of socS held BY him provided that be
all have owned his stock least month prior e the day
u 'Ot ARTICLE FOURTEENTH
This corporation shall exist the term twenty years
om the date Of the recording Of this charter he office
Ard bs s,Jsans on lie Compsny nav comm nee and be
carried on with only OOshSf Of is capital stock
ARTICLE FIFTEENTH.
'PsSSs e x. s 1 s. Hs d ss G.s
nun. sshsIeSy ~ -. 80 - 49,. h ~
President and said Board until superseded BY
their to be elected provided in Article Seventh
ARTICLE SIXTEENTH.
The Board Of Directors accept, professionally an!
privilege conferred on this Assocssion BY an
BY the sOpon q any new act Of the LegsstuIs but n
|
te mined By the majority 10 amount Of the stock
| holders
ARTICLE SEVENTEENTH.
The liquidation Of the affairs Of the Association shah b
appointed by the Stockholders
meeting convened for thai aiter SIXTY days pre-
vous rotce IN Published IN New Orleans
quaors shall be solvent residing Ia this city
indebted 10 the AssOcia their tim Of ONCE shs
be assigned and all necessary power conferred upO
| teen
period Of liquidation shall be fixed. veil thei
compensation, in such the stockholders may
resolutions, IN general meeting nvened, determine
ARTICLE EIGHrEEETH-
The Of the stockholders their residences and N
bumb@r Of shares held by each respectively, for IN
present be suhsebed to this
opposite the names OF each respectively.
Thus done and passed In ONCE at the said city Of Ne
Orleans in the preseace Of Adop he Biache snd Henry
Hyams Jr competent witnesses, who hereuutO sign ths
together with the said par and the said noarl
| on the day, month and year nrtt above written
(lri.inal signed: GEO. FOSTER and others.
1 p CHS CuVELLIER
/ Notary Public.