The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-08
N. %. STEAMSHIP COMPANY.
.CHABTER
or fHE-
NEW ORLEANS STEAMSHIP COMPANY.
UNITED STATES OF AMERICA, 4
sxlfr or LOUISIANA, Orr or Nxw onLsAxs.

Be Known. That this eighth day Of February in the
Of our Lord thousand ss9s hundred and
ninety second before me- Edward Ivy. no,srY public
and s,. tor hs city and rssh 81 S1, New %.
stoned ana sworn, personally came and appeared the
s ass Of Ss DroaoSs 81 %
statutes relative The orgsniss
ssreed and do BY these and bind
themselves and those whom they represent % form them
puposes and under the stpulsOns regulations and Obga
lions following. to-wit
ORLEANs sTEA asHIP COMPANY and its domic Is
hereby established IN the city Of New Orleans and shall
Of these presents unless dissolved hereinafter
he same and the name Of the Company upon the margin
thereof
The object company otherwise pro
cure and constitute line
lines Of steamships to be owned snd controlled in the city
or ports on the Atlantic coast or gulf Of Mexico
The e. S shall S s sssf On
In the said Company may be Interested
ARTICLE Ill
The capital stock Of said Company hereby axed at the
LARS divided into shares Of Fifty Dollars each all which
paid before the sgDng Of these presents which
hon the should be required BY twothrds capital
ARTICLE w.
TIE affairs Company shall be under the direction and
Of Edw.Id Higgins, who may At any time have
among the :. the Company subject 70 the Sp
Agents assist in acting the business Of said Company
ARTICLE
SECTION l. The regular meetings Of the stock
holders Of the ComEsUy shall be held annually, com
majority in capital shall choose a1s Of their mum
Be. 70 ST ns ss S MAI es
shall Be Chairman and D entitled lie . Sn' % on al n
shall constitute the
Board o. Control viz NJ = o sSIIH SkET'
SIC The failure elect Directors aforesaid shall not
dissolve the said corporations bat the Board ONCE shall
continue exercise its functions until new Board can be
Sc Three members Of said Board Of Control shall con
quorum for the transaction Of business and the said
Board hereby invested WITH full power frame and adopt
Te s s nd for the CompSny ard the Of it,
as provided the shall not conflict with the true in
laws Of this And in the absence Of the Man
% S may ana 70 sSv .Dd
sell fuel real estate for the Of the Com
sS No to M Of ocT and to
money and to Guild be built steamships for
SEC II any member of said Board shall cease to be
office shall be de Jared vacant; the death
permanent absence or resignation OF any member OF SAID
70 m vacancies occaoned thereby until the first
meeting of Stockholders for the election Of
SIC s. The ssd Board shall meet monthly for the tran
sactiou Of business and the Manager call them to
ARTICLE VI
srcrroxI It shall be the the Manager keep,
kept in bound books in the OF the Com
pany record of the Proceedngs transactions,
complete the receipts dsbursemsnts thereof
He shall sSs as re ~, me sne
pane of this city subject to the approval Of the Board of
be alone authorized and empowered checks
cOuntegned BY the Secretary and transact all banking
SEC T. / shall be the duty Of the Manager Of said
% Ss IN S
and documents belonging ssd Company and also
detailed statement the business and affairs OF the Company
durrg the preceding month
or Manager the Board Of Control shall me
a. & nesting Of the
Folders hich meeting the Stockholders shall proceed
S seoa asuay hsre" and in The case Of the
absence Of the Manager the aforesaid Board Of Control
sEo At the annual meeting OF the Stockholders OF the
iss he Ssy deem and
interest Of the mpany at which Getting each share
Masters brought before il,
aTc s. The ,aid Manager shall power TO appoint
Secretary agents employees annually and oener
should subject to the approval OF thu
Control he remove said Secretary, agents
other employees at time without the sanction Of sale
Board.
On the expiration OF the said term OF twenty years
upon for the existence Of said Company
msority OF the stockholders in capital shall have power
the property belonging said Company and
np-n snd sI the and condition. sale
is affairs 10 the best advantage.
ARTICLE VIII.
Threeourhs Of the stockholders in capital shah have
power wind and settle the business and affairs Of sal
any %odAcstisn; additions or changes TO this act givn
sixty days notice in two Of the newspapers pubshe
ARTICLE TX.
All transfers Of stocks shall be made In the once Of tn
and seoTasd - SCos OF transfer t e De Kept e
act Of transfer to abide BY all the terms conditions and stir
us.iOns Of this act and all rules regulations bylaw
made and adopted In pursuance thereof
No stockhOdsr shall be held Iiabls responsibl
for the contracts. Of fault. s,o q iAd .. GSpmPsny D
Company the effect rendering the charter null
ARTICLE XII
The said Company shall and be sued IN Its corporal
and capacity and plead and be implicated accordingly
ARTICLE Kill
The following named persons stockholders said Com
psny and such entitled the number Of shares place
N j. Smith VIM Creeyy, Jno. rmstrong, Thos B. LIE.
Geo. @. Garner, J. B. nurison, Geo W. Manson,
Harmon DOane, O II. Bradshaw, David McCOsrd, Kennel
Bell, VIM Perkins, A Ailtenberger Co., Whhsmu
The Board Of Control shall be empowered TO receive fuhe
subscriptions said Capital Stock until the amount sub
scrbed shall have reached the Aforesaid Of one million.
| ARTICLE XIV.
This Association shall into operation the
o. Fy Thousand Dollars shall have been subscribed to
And the stockholders herenbefore named,
Hrmston Of the aforesaid stpustions, covenants
ordained and established by the present act fc
hereinbeOre meutJned and to that effect on
| do hereunfo Subscribe their names respectively.
Thus done and passed At the city Of New Orleans aforesaid
the month and fret above wrttea II the
Of CLARK p McO sssln, competent witnesses VII
sign with said parties and notary
John Pemberton, + Rigney, Geo. W. Manson,
William Creevy, Marshall Smith. @. n. Bradshaw,
Jas McCloskey, IA Bradbury. N D. Edward Higgins
Jno. Armstrong, Edw. A. Yorke
| EDWARD IVY, Notary Public
| In presence Of Geo. Clark 2. Nee. Svsin
Ell VOCATIONAL.