The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-01-15
CHARTER.
CHARTER.
CHARTER"............ ....CHARrEK.
CHARTER.
STATE OF LOUISIANA. PARISH OF osLEAN >.
CRY or NEW CRrKAEs:

STATE OF LOUISIANA. PARISH OF osLEANs.
CRY or new cRtEAEs:
Be Known That on the ST, th day of January in the
year q our Lord one thOusana ,gh hundred ssd
=. te OF tne states OF Am-ca the
The Parish Orleans state Of Louisiana duly com
hsrsDaer and PERSONAL 9' sSs
appeared the parties hersinaer named sat undersigned
the statutes Of Louisiana relative the
Constitute corporation for The following objects and
under the following stipulatons to wit:
kRrroLEI.
The Official name e the Cooperation shah be the MIS- Ms
SOUTH AND WJST, and it Ahsll have a corporate seal,
with the name Of the Company thereon.
ARTICLE II.
The business and legal dome the Company Corpora
ton ha be in the city Of New Orleans subject to removal
only by aEOte OF threetOurths Of the Stockholders
ARrIcLy M
The object Of fhis Company otherwise to
procure and mstsn ore Or more other YES
tanes Tor the purpose OF carrying freight mails and passen
privileges hereby may conferred
the purpose aforesaid.
".
The President of the Company thus formed is hersbyeOn-
The capital this Corporation is hereby hxed at
Five HUNDRED Thousand Dollars represented by five thousand
shares Of One HInsred Dollars each Ten cent Of each
ard the remainder shall be paid a. the time and in the
than per be called for
Aany one time and not Oftsner than in thirty and
any may il advisable t. do
ing One Million Of Dollars By vote TepSessning swohiSds
Off capital of Five Hundred Thousand Dollars.
ARTICLE
of the stockholders capital shall have the
power to wind and settle the business and affairs Of the
Company at any time during its existence of making
modir cations additions changes to this giving
sixty days previous notice in Of the newspapers pub
lshed In this city.
ARTICLE VII.
The Beard Of Directors early shall proceed
the officers Of the corporation which shall of Ps.
dent Vice President Treasurer Secretary Superintendent
hrst OF which shall be from their own number.
ARTICLE
The term for which this corporation is formed shall be
twenty-five years.
sEcros The regular of the stockhodEa of the
Company shall be held annually commencing the third
sl shall choose twenty Of their number to directors
GSp % SS aS ter sRd on b Board Of
the following until their appointed
named persons shall constitute Board Of Directors to man
age the affairs of said Company three Of Shom shall
Charles BIgg. william 5 PisS william creeVy, Alfred
eecI Directors a regular nesting of
the Stockholders shall not dissolve the Company but the
tions until a new Board be elected.
Members Directors
quorum TO do business and the ard of Directors shah
have 10 make and adopt all necessary rules and bylaws
conflict interest and meaning Of this Act
Of Incorporation and the laws OF this State The sOar of
Directors declare dividends from time to time they
may deem advisable.
SEc If any Director shall cease to be Stakeholder du
ring his OF Office shall declared vacated or in the
event Of the death absence resignation of
Drecor the Board shall have the authority to fiji vacancy
occssionsd thereby.
No Stakeholder shall be held liable or responsible
faul o yOndt he
amount of his, her their stock in said Company
shall any mere informalty in the organic Of said
ter null Of exposing Stakeholder 10 any greater liza
oiy than the amount of his her, their stock therein.
ARTICLE x.
shsud any subscriber reuse neglect to paypuncuay
his her their instament nstaments the
due interest at the eight cent per shall be
sub,crbe nseeets or rein s to nav b s ar hi, -
ments within thirty days after the specified time Of payment
share shares npon which any nssment be due
sold at auction to forfeit said st shares mpe
by suit the Of such instament nstaments
the board may deem advisable.
ARTICLE XII.
thousand subscribed the first payment ten
per cent shall be due and payable.
ARTICLE XIII.
The following named rersoI Stockholders in said Com
and such entitled to the number shares
William Creevy. George A Fosdick Thomas A Adams VIM
Pike, D DeHsven.
And in conclusion the stockholders heenbefOrs named
.ns sn Nv % 30Sensn.s aad
the purpose above mentioned and to that elect only have
Thus done and passed at the city of New Orleans aforesaid
the day month and year first ab written in the
domcasd in this city. who hereunto signed their names
with said parties And me- notary. ,,,,r,,,
F. Nee. SWAIN.
EDWARD IVY, Notary Public