The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-30
UNITED STATES OF AMERICA.
STATE or LOUISIANA, Orr or NEW oRLxlss.


Known, mat TIL. .gh,h day of February In tn.
sSe 2, the iRssDsnosDce Of the United
.n Of Louisiana ana sl. s.sh q Su, Me-; c"m Or
% nass ss and s%D,s,sd p,
ssass Of and S syns hsHssvss Of the provisions the
ton corporations m this State they have and
and hose IsS they a' form and b Sd
rSH SSnssais so.oorst on for the objects and
lions following. tovit
ARTIcLEL
The name md t,ls q aid Company shah be the NEW
hereby establishes in the city Of Orleans and ID shall
ss az LOT The term Of twsnty ny years from the
provided for Il shall have device upou
thereof '-' O'Hpan' 0POh 'ns margin
ARTICLE II.
rhs object Of said company coustrucs or othervs. bro
Grimes steamship. 20 be owned and NJ - LINZ
one. Orleans and e trade between .aid and any pOr
,as e ssS shall Ss ts proper
h the said Company may be interested.
ARTICLE III
Two HUNDRED xsB FFTY THO san DOL
90 be paid before the sgDing Of PRESENTS which
espa may be increased 70 an amount not exceeding nil
hon We sane should be required BY tvO-thrds capital
ARTICLE w.
The said Company shall be under the direction and
managem o. Edward Higgins who at time have
among The tockhodsrs the Comoa5y sps,se 10 he an
ptOvsl OF the Board Control who shall act Board Of
Agents 70 assist trAnssctng Company
ARrIoLEE
ssc1Ios L The regular mestings of the stock.
M neing the first Tuesday in February 1862 which
Der 20 serve Directors Tor the ensuing year
shall be Chairman and entitled 70 one S1ts on All mss9s
brou IL un the election Of Drsetos a. sors
sSa' cRfk " ~!
rEsBkRIoN, y ARMSTRONG. MoCLosKEY.
Dissolve the said corporation SSt Is. Board IN One. shs
continue 70 exercise lie functions until Board be
sEe Three member. of said Board Control shall con.
BosTo hereby invested vita fu frame and adopt
% aS o bs a. ;9sy $ deem FsqT
affairs provdeo the shall cnnhct III the
sS q th stss 1no the S' asD s
. may .ssSs sna a. the, Issn
sell shps fue real estate for the II the
snS 70 M salaries Of Ses and a.
borrow money sno 70 Guild to be built
SIC v any member Of said Board shall cease to be
ONCE shall be de AIRED vacant and In Of the death
permanent absence or Resignation Of member Of said
h occasoned thereby until the nrst reguls
meeting thereafter Of the Stockholders for the election
sko s. me :ad Board .han monthly for the tran
sactiOn OF business and the Manager call them to
gethsr at time, by giving six hours notice writing
ARTICLE VI
Il be tn, Of the Manager 20 keen OF
10 be kept in bound books in the the Com
counts property business and affairs as well as full and
complete account Of the receipts and Thereof
Keep cash account IN one Of he banks banking
Control account Of the Compssy and 10
be slone authorized and snpowered draw checks
countersgued BY the Secretary and transact all banking
SIC 2. shall be the duty Of the Manager of said
20
es whenever theret required by them all the BOOKS
submit to tsem on or before the twenreh Of each month
detained statement ef the business and affairs Of the Company
duriT ~ the preceding month
re IN the eyrnt Of the r'sgnston perm snent absence
disey proceed appoint pro tenn who shall ACT
a such I'll ee nIst meeting Hereafter Of the Stock
elect manager from among themselves Who sha be subject
rs nee Of the Manager The aforesaid Board Of ConrOl
shall have power 20 sppoiSt Manager pro tenn.
COmPa y Manager may a rspors Of snch matters
n. SS :eS nS .sc % %
stock in the said mpany sail be entitled TO vote ali
$40 s. The ,sd Msnsger shall h.vs power 70 appoint
Secretary agents and other employees annually and oener
Boaru ~ Control he said Sc Rotary agents
other employees at time without the sanction Of said
ARTICLE VII
On expiration the said term Of twenty i've yesu
smsIoy tss ssacaSoIssr. in capital shah have popsq
s nU S ss 9Sss q selling y, and 6s e ~
npD conditions Of the ale or
disposition thereof and finally Of winding up and QUidstns
ARTICLE VIII
Of the stockholders In capital shan have the
power wind and settle the business and Affairs Of said
any sdditirns or changes this act on giving
sixty days notice in two Of the published
ARTICLE TX.
An transfers Of stocks shall be made IN the once Of IN.
The ns~ OcS. 81 Sndns sG Sc s
act Of transfer 70 abide all the terms conditions and
made and adopted In pursuance thereof
ARTICLE K.
No stockhoder shall be held liable or responsible
70, sSn the .: .,oSt said &c. CSSmPsaS be
shall any informAty In the organization sad
Of exposing stockho or 20 any greater liability than the
amount Of his stock therein.
ARTICLE xL l
The Company and be sued in Its corporate
and capacity and plead and be impeaded accordingly
ARTICLE XII
me following PANIED parsons are tockholders In said Com
and such entitled 20 the number Of shares psc-d
OPT oste TO their names respectively, tO-wit:
Geo q. Garner, 8. surisos, Geo =. Manson, j II
Rsr%en Doaae Q 4 Bssisssw. David scCosrS, ksnSs
A Bell, VIM Perkins A. Miltsnberger Co, wLhemus
0'sA''' -n0 0'n''> ARTICLE Kill
enpowere 70 receive farther
.os,eIp,oT' 70 said Capital ssoes until The amount sub
ARTICLE XIV.
This Association shall into operation as soon a. the sum
Of tny fhoas nd Dollars shall have been subscribed tor
Ala m % tne nsrenoeors named IN
ordained and established by the present
bTsPSe .sSscSs ssr S.pseys, 'oA'
Thus done .nd passed the city Of New orleans aforesaid
Of Geo Clsa .Ro y Me- s.sn cO@pesn, witnesses who
S aam sc crs,Vs narsSaii Smith ' srsdsSs%