The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-01-08
CHARTER.

CHARTER. CHARTER.
STATE OF LOUISIANA, PARISH OF ORLEANS.
City NEW ORLEANS:
Be it Known, That the 81, IN day of January, ths
md of the OF the United States Of America the
niIeiy'tceId before me, EDWARD Ivy noisry pubic
nssiOnsd and qualified and in the presence Of the
speaec the parties bersns named AMI andersgnsd
who deesnd hat awaiting themselves Of the provisions OF
poraon' they 90 BY he esents form themselves into and
constitute eorroat on The following specified Obect and
under The following stipustions, to wit
ARrIcLEI.
sLRPI VALLEY Fly sAyIGA Ion COMPANY OF rHs
With the name Of the Company thereon.
II.
The busrsts and legal domlc Of the Company Cop1s
tion han be in the city of New Orleans subject removal
oaly by vote Of threeieurths Of the Stockholders.
The object Of his Company otherwise
SELL to ruu on CT navigate the Missspp River or its tba
and seBsrs 70 sxe,es such iGeid powers and
Tor the purpose aforesaid.
The President of the Company thus formed hereby
stituted the Cfhctr whom citations may be serv,d
v.
The capital of this Corporation hereby fixed at
Tive HUNDRED Thousand Dollars by Ave thousand
shares If One Bunered Dollars, seh Ten per of
s1SsspSn shall be Isysos s , with 5 ATss MI
presented BY The Board of Directors provided
any time thirty VS. and
prov sso that The Company may commence business At
Ife capital be increased 70 amount exceed
ing Ore Million of Dollars by twOthiTds
of The capital Of Five Hundred Thousand Dollar.
VI.
Three prhs Of stockholders in capital shall have the
power q auf business airs Of the
Compaay any durrg existence. Of making any
modir csons ADDITIONS or changes to This act on giving
sixty days previous notice in two Of the newspapers pub
hshed In this city,
The Of early shall proceed elect
the officers Of the eorpcr.on which shall consist Of Pref
and such other cers they deem Necessary the
erst Of which shah be from their own number.
The term for which this corporation is fOrmtd lha be
ARTICLE TX.
sEoros l. The regular meetings the sockholds Of the
Monday Of December 1868 which time ority IN capt
ia shall hoo'e twenty OF their number TO srse as directors
ContTo for the management OF the s1as OF tbs Company for
s nn IL" fa OF aeS as & e mel Ana
med persons she'll constitute Board Of Directors
the affairs OF said Cempln any three Il hom shalt co
situ,s quorum, VIZ thomas A. Adtn', William Whann
Mouton George A Fosdick and David DeHAvsn.
EXC faure T. elect Directors at nesting OF
rctors then in Office shall tinue their fun
SIC tmbers Of said Board Of Directors hall form
quorum 10 do business ard the ard OF Directors hau
for hf gov rrment OF the Company prov the same
no, conflict with the interest and meaning Of this Act
Of Incorporation and the laws OF this state The board OF
Directors may declare dividends IRON time to time they
SIC Jf my Director shah cease to Stakeholder
ring his Of Office it shall be declared vacated or in the
Of the death permanent abse0ce RESIGNATION of any
Dreor, tie hal have the authority to ithe vacancy
oecasicned thereby.
No stockhOdsr shah ever be reid l-be responsible
for the contracts faults OF said Company beyond the
sbn apT m.r. SoIay in H. ovsmlS Of sd
Company have the ee,t OF dsrng the present char
b ny than Che amount Of his her their stock therein
sh,rld any subscriber reuse neglect to puneuay
hs her their nsament or instsme1s ss the same falls
due pre' at the rate eight per cent annum shall be
added thereto from msur until hBal payment any
mens Within thty DAYS A. d speesed time Of payment
Board o. Directors shall have The rIt Of causing any
sod At suction or to i%e said are or shares 0T to S@Psl
tie Beard may deem advisable.
ARTICLE XII
No utscrpti.n binding the Of hundred
Thousand dol subscribed when the first payment of ten
per cent shall be due and payable.
ARTICLE XIII.
The following nsmed ersoI arr Stockholders in said Com
hany and such emitted 10 the number shares Of
Stock placed opposite TO their names respective tOwt;
whsrn. Alfred MOuton, Charles Briggs, Jr., William s.
Pike ID DeHsven.
And in c, ncusion the stockholders herenbefors named
in formation e the aforesaid stp9lAons covenants asd
ordained and established by the for
tie purpose above mentioned that effect have
herein abave subscribed their names respectively.
Thus done spd Psssd at tte city Of Ne. orssn Aforesaid
OF George and Nee. Swain of lawf.
iris city Who hzreunto signed their
With said parties ard me notary.
wiz GEORGE CLARK,
y. McO. SWAIN.
EDWARD IVY Notary Public.