New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-10-13
UNITED STATES OF AMERICA.
STATE OF LOUIsIANA,
Parish Of Orleans, City Of New Orlsana.

septembsf in The year Of our LORD one thousan ID
eight hundred and sixtyeigbt, and Of tue lndepsn-
dence OF the United States OF America the ninety
third before me, Gustave lie Gardeur, Jr., No. ~
Public duly commissioned and sworn, il and for tau
the presence of the witnesses hereinafter named and
UNDERMINED, PEI sonaly came and appeared the per
rlbed and set forth. who severallyadeclared that
aey OF .noss wnom they represent are stoekholders
under the laws Of this State and located in this city
fourth article Of the Charter or Act Of IneorpoTston
o. the SAD 4, Bang under the name Of Bank Of
Notary Public in this city on the seventeenth day ef
oyemoer, eghteen hundred and fifty,seyeu, which
Quently changed into that Of Merchants Bank, its
present appeiation by resolution of the Board OF
Of The Thirteenth day Of ~ becenSer, eishteeS
hundred g, snd hftyeight and approved BY over two
meeting of said stockhoders held after the time
and notice required by law before p Charles Ouvei,
day Of January, eighteen hnudred and ftIynne,
the Board Of Directors of the said Merchants BANK
mousiy Ut their sitting Of the Seventeenth day Of
which is the words and figures following to.sit:
cali at the banking House on Saturday, The twenty.
second day Of August nexr. from tee o'clock A. NJ.
i. On the propriety Of further reduction of the
capital Of the Bank.
shares SO as to convert them into shares of hun
3. On the propriety of increasing the number of
81 II oT6ST 70 ~ sagss Of the
be represented by or divided into five thou san
Loo shares OF one hundred dollars $500 eaen.
Fnat the said resolution was submitted 10 gem
era meeting of the stockholders If tine said Bank
after he time and notice required by law, and that
at said general meeting they, the said appraisers,
dred and elRntyeght -57ss- shares-being more
than two; thirds of the whole number which eight
nd ~ tNvn - o.
hsres-of the capital stock Of the said Bank, did
vote ppon an and approve me sad resolution agresne
be reduced from Two hundred and fifty;four thous-
and four hundred and forty dollars S69 400 its sc
from thirty dollars, (ssD their present 1eure. 10
twenty dollars, $50 their actual value.
That the number of said shares Of twenty dol
lars each be reduced so as to convert them into
shares of one bundled dollars l$lON each
the number OF associates in order to raise the capt.
tal OF the BANK from one hundred and slxty-nfne
tive hui dred thousand dollars CS5O0OOO TO be repre-
seuted by or divided into five Thousand shares, of
one hundred dollars $OQ each, which said snbsCrip
tons, in conformity to law and to the resolution
adopted by the Board of Directors Of said Bank at
shall be payable as follows tOwt twenty per cent
on subscribing or Immediately after, and ten per
cent every month thereafter until paid in iuL
That at a meeting of the said Board OF Directors,
held on the thirty FIRST day Of August 1853 the fo
annexed vas unanimously adopted 10 wit.
Resolved, That whereas the stockholders Of this
of the whole nnmhar ~ az NE ~ , "
lie III rcbantsi Bsnt 10 W.T. F,ya ,hp,sa o S "
hundred and eigbtH'aSht s-ss ~ SL
serbed in favor 81 lie serse',s1t Nies nave SUI
/ 10 reduce the oanital sIock from t,vo brndrad
and tfty.fnur Thousand one Gnndred nd siTtY aef
lgf-to one hundTed and strfvni1e x NJ
and -four hundred and forty dollars s1sa III
10 reduce The MINER Of shares so ss te corrsr,
them into shsres Of one hnndred doIlspss Io6ash
and T'N S"NA'
g. To open subscription books TO inerease the num.
hsr NJ assoc;sTs a. az 80 - rSisa ~ ~ : e ~
bsnG to We hnndrsd fbonsand doisr "a IN M We
he represented Nv or dividea mn A. fb0,Ssnc
bOC0-ehares OF one hnndTed-Slnoe srS Ia
President he and ne is heIabv s,Ibor, zod ~ ~
Sause SuOn akfeeHeib 70 De executed recorded