The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-13
N. q. STEAMSHIP COMPANY
NEW ORLEANS STEAMSHIP COMPANY.
UNITED STATES OF AMERICA. ]
sfAYr or LOUISIANA, Orr or Nxw ORLEANS.

sfAr OF LOUISIANA, Crrr OF NEw ORLEANS. J
Be Known, That this sghth day of February IN the
year Of our Lord thousand sish, hundred and
and Sr before s % EG sps Psb 90' PuNS
cans. State Of Louisiana s'0 aforesaid. duly commits
Toned and sworn, personally came and appeared the
declared that avanP themselves the provisions
S11 =" OF III. state Of Louisiana relative % the orgsnsa
and DO Sy these presents covenant Agres and bind
selves into on for the objects and
snd under the stpulstOns regulations aud Obgs
ORLEANS srEA asHIP COMPANY and its domicil il
term Of twenty vs years from the
date q these presents unless dissolved hereinafter
.ae same and the name of the Company upon the margin
ARTICLE II.
The object company eonstruct OF otherwise pro
cure and anta ose or more steamships to constitute line
Of New 0resns md 70 rde ss sss .d @ ssa IN sSe e
Orgorts on the Atlantic coast or Gulf of Mexico.
whom 70 citations legal process where
in the said Company may be interested.
ARTICLE III.
The capital Of Company hereby fred a. the
sum Of TWO HUNDRED AND FIFTY THOUSAND DOL
Ia RS, divided into shares of Fifty Dollars each
may be increased az amount mot sxessds ONE m
On IL the sane should be required by twOshirds capital
ARTICLE Nv.
The affairs said Company the direction and
the privilege Of ssocsting or more from
poS the cop ,oe s GS9ps"y subject 70 the %
Agents TO assist in acting the business Of Company
ARTICLEv.
sEcIros !; The regular meetings Of the stock.
msncng on the nrst Tuesday in February isss AZ WHICH
meeting majority capital shall choose Eve Of their num-
control said Mar Manager
IT, snS the Go s sa all
c the owing named persons shall constitute the first
PI FEM Gs,0 ' hRMsfsoS MSc n SKTv
SEC The failure elect Directors aforesaid shall
continueto exercise It's functions until Board
SIC Three members of Board Of Control shall con-
titue quorum for the transaction Of business the
such by laws rules and regula they may requ
site and necessary for the Company the transaction Of
tent ard meaning Of this Act Of Incorporation with
sger they may 70 preside al Their meetings
They shall have power and HEREBY authorized buy
psny to make contracts leases NOR gasss hypot6ecasions
and compomises to FIX salaries of officers and employees
borrow money snd 10 Guild to be built steamships for
the use Of said Company.
stcekhoder Of SAID Company during ns term Of services his
office shall be declared vacant and In the the
the 5 sa Of cs s1 sse OF S
to I'll vacancies occasoned thereby until the first
meeting thereafter of the Stockholders for the election of
SIC S. The said Board shall meet monthly for the tran
.sction Of business, and the Manager them TO-
gether at any time BY giving six hours notice in writing
ARTICLE VI
srcrIoN II shall duty the Manager 10 keen or
cause to be Kept in bound books, in the
counts, property business and affairs well as full and
complete secOun Of the receipts and disbursements thereof
keep cash account in Of the banks banking com
Control in the and for OF Company and to
be alone authorized and empowered to draw checks
business thereof
Company to exhibit be exhibited stockhod
whenever tbere required by them all papers
submit 70 them on or before the twentis Of ss month";
detailed statement of the business and affairs of the Company
re In the syent Of the re,gsson perm absence
dstey proceed appoint Manager pro who shall act
as such until toe first Deetng thereafter of Stock
elect from among them shall be subject
to election annually hsrsasr and in the case Of the
shall have power to appoint Manager pro TEN;
Comps the Manager msy make repors Of such matters
and things be may deem expsdisnt and
stock in the said mpsny ss be entitled ali
5. The .Aid MANAGER shall have power to appoint
Secretary agents and other employees annually and oene
Board Control he nay remove ssd Sc agents
other employees at any time without the sanction o. said
ARTICLE VII.
On the expiration of term OF twenty-five year,
agreed upon for the existence Of said Company
upsn the mode Of selling and dsposing Of ali
tb. property and effects belonging said Company and
disposition thereof and finally Of winding up QOdang
its Affairs 10 the best advantage.
ARTICLE VIII.
IhreeOurhs Of the stockholders IN capital shan the
power TO wind mp and settle the business and
Company. al any time during its existence, Of making
this city.
ARTICLE TX.
that purpose The stockholder binding himself in said
uaons Of this act and all rules regulations or bylaws
made and adopted In pursuance thereof
ARTICLE x.
No stakeholder shall held liable or responsible
Il. s%oSn Of bis s stock nd .. CSPmVs0y be
nor shall nformsity in the organization Of said
or OF exposing sockhol Ter to liability than the
ARTICLE xL
The said Company shah and be susd corporate
name and capacity and plead and be impeaded accordingly
ARTICLE XII
The following paned persons are stockholders IN said or
'sny and such are entitled 70 the number Of shares placed
opposite 70 their nsmes respectively, tO-wit;
Ieo G. Garner, B. surison, Geo " aan.oa. h n
staufer, A Shropshire. John tembertOn Edwd A York
Bell, VIM Perkins, A Miltsnbergsr 4 Co, whhslmus
''sAr'' 'nd ''ns'A ARTICLE XIII
The Control be 20 receive farther
subscriptions to said Capital Stock the amount sub
crsed shall have reached the aforesaid Of million
ARTICLE XIV.
This Association shall into operation the sum
u Fhy Thousand Dollars shall have subscribed for
And in conclusion the stockholders hereneoe named in
Confirmation of the aforesaid tpnstions covenants and
ordained and established present act for
he purpoes herein before menSned effect only
10 hereunfe Subscribe their usrnes respectively.
Thus done and passed the city Of New Orleans
he day month and r shove written IN presence
r. vi euvho
their with said parties and me- notary
Ohm Pemberton, !. Rignry, Geo. ". Manson,
William Cre.vy, Marshall 3 Smith g u Bradshaw
as hcCloskey, A Bradbury. NJ D. Edward Il ggns,
mo. Armstrong Edw. A Yorke
EDWARD IVY Notary Public.
In presence Of Geo Clark p. Nee. Swain.
Ed UCATIONAL.