The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-01-31
CHARTER.
Oh ARTER.
CHARTER....... ............CHARTER.

STATE OF LOUISIANA. PARISH OF ORLEANS.
Crr or NEW ORLEANS;
Be Known, That si1th day Of January, in the
Independence the United States Amsrcs lhs
~ | DID,. before M. sdss1s iyy nos RHSc IN
misoned ana qualified and in the OF the witnesses
Usasa the p s named saa aaa
who declared that avang themselves Of the provisions OF
porAon they do By these presents form Themselves into and
under the following stipulatons to Wit:
ARrIcLRI.
ne Official name Of the G.rpGs.iOn ssa be the SIsS
souTH AID wpsT and Is shs have corporate seal
with the name Of the Company thereon.
ARTICLE II.
The business and legal domci Of the Company Corpora
tion shall be in the OF Orleans subject
only BY vote Of threefourths Of the Stockholders
ARTICLE ILL.,
The object Of this Company otherwise
@ rum or Ss RpS 4.
taes for the purpose Of carrying freight mails and passen
privileges are hereby may hereafter be conferred on them
or die purpose Aforesaid
ARrIcLH ".
The President Of the Company thus formed hereby
stiIuted the officer vhon citations may be served.
v.
The capital stock OF this Corporation hereby fixed
Five Hundred Thousand Dollars represented by i've Thousand
shares OF One Hundred Dollars each Ten cent Of each
and the remainder shall be paid a. time and in the man
more tSsn ten psy cent Of aid shs Be called r
any time and o,ner th1n thirty days and
ny Ss the board DOT Of may deem do
1he capital may be increased 70 an anoust not exceed
Of he capital Of Five Hundred Thousand Dollars.
sU.
ourhs OF the stockholders IN capital shA have the
power wind ~ and the business and affairs "
Company any tine during its existence. Of making
sixty days previous notice in two Of the newspapers pub
hshed in this city.
The Directors early day shall proceed
the officers Of the corporation which shall consist Of Pre
sueh other officers they deem Necessary, she two
nrst Of which shall be from their Humbsr
ARTICLE
The term FOR which this corporation is formed shall be
twenty-five years.
sEcTos The regular meetings Of the stoekhoda ofths
Company shall be h's annually commencing On the third
81 shs choOe twenty their directors
or ths ensuing year who shall fern and Board
the following year. until appointed And
pam. ss sR. eops1r BosT Of peS s 20 .1
the affairs OF said Company any three " HON shall
Charles BTigss. william :. PRs william Creo1y Alfred
houlton, George Fosdck and David DeHsvsn.
SIC failure @ slect directors At regular nesting Of
the Stockhoders ssa not dso the Company buL the
tious until a aev Board be elected
SEC Members OF said soard Of Directors shall form
quorum do business and tire ard Of Directors hau
have make and adopt all necessary rules and
bot conflict with the true interest and meaning Of this Act
Of Incorpsra onn the state 5oard Of
Directors may declare dvdeEds from time to time they
may deem advisable
SIC II any Director shall cease be a Stakeholder
ring his ONCE it shall be declared vacated in the
event o. The death o. o. any
occAscned thereby.
ARTICLE Z.
No Stakeholder shall be held liable responsible
for the faults OF said Company beyond the
smount of his, her their Stock in said Company nor
shall any iuformslity in tbs Organization Of sNid
Company have the effect Of rendering tue present char
null Of exposing Stakeholder any greater LA
biy than the amount Of his her, their stock therein
Should any subscriber refuse neglect to pay punctusy
his her their instslmen nstalments the falls
due the cferht per per shall be
added thereto om mstur ~ ust fA payment d IL
within thirty days specised time OF psymsnt
Board OF Directors shall have the right OF causing any
share shares which instament be due 20 be
500 AZ suction, or 10 ofes sd are 1r shares or 20 npe
by suit the Of such insaeIt inEtalment
the board may deem advisable.
ARTICLE XII
No subscription to be binding until the Of two hundred
thousand DO Is subscribed when the first payment OF
per cent shall be due and payable
ARIICLE XIII.
The following named Stockholders IN said Com
pzny and such entitled to the number shares Of
William Creevy, George A. Fasdick Thomas A Adams Wm.
Nhsnn Alfred Moulton, Charles Briggs, Jr., William s.
Pike, DeHaven.
In conformation e the aforesaid spuations covenants
agreements ordained and established by toe present Nct or
the purpose above mentioned and that eec on haVs
herein above subscribed their names respectively.
Thus done and pss.ed city OF New Orl.ans Afore,d
the day nth and year first written In ths
Of George ark and MeC swain, witnesses q swfs aga
'-@ GEORGE CLARK,
=. MeC. SWAIN.
EDWARD IVY, Notary Public.