The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-01-22
CHARTER.


STATE OF LOUISIANA, PARISH OF ORLEANS
CRY or NEW ORLEANS;
Be Known, That sl,th day of January, In ths
year Of Lord thousand eight hundred and
and Of the Independence Of the United Staes Of Anss the
and or he Parish Of Orleans state Of Loaisisns duly
hsreDatef named and undersisns5 personally came and
appeared the psres hereinafter named aa1 undersigned
the Of Louisiana relative 10 the ogsniIas OF
eonsnts corsorst ON for The following specified objects aud
under The fOilOSing stpulatons, to Wit:
The official Corporation shall be the MISSIS
sItPI ,, VALLEY sAyIGAI ion COMPANY or rhS
with the name of the Company thereon.
ARTICLE II.
The business aud legal domc Of the Company Corpora
ton shall be in the city Of New Orleans sl9sc to removal
only by asote Of thre,ourths Of the stockh hders.
ARrIcLx uI
The object Of This Company to construct otherwise
and mabtsin one Or more steamboats, other YES
tsnes or the purpose OF carrying freight mss and gassen
pnges may hereafter be conferred on them
the purpose Aforesaid
ARrcIH ".
of the Company thus formed hereby con-
stituied the ohceE on whom citations may be served
v.
The capital stock this Corporation is hereby hxed at
Five Thousand Dollars represented Eve thousand
shares Of Oae Hundred Dollars each Ten per Of
AID shall be paid time and The
prescribed by the Board Of Directors provided thai not
any time and not oner than in thirty and
any time the Board Of Directors MAY deem il advisable DO
Ihe capital be increased % exceed
Oflhe capital Of Five Hundred Thousand DolAr..
ARTICLE VI.
Three urhs OF the stockholders in capital sha have
power TO wind and sstt tue business and affairs Of the
Company At time during lis existence or OF mixing
mod eaons additions or chances 70 this act. on giving
ARTICLE VII.
The Beard Of Directors early day proceed to elect
the oe Of the corpor aton which shall consist Of PreS
Vice President Treasurer Secretary superintendent
ard such other officers they msy deem necessary
trst Of which shall be from their own namber.
ARTICLE VIII
The term for which this corporation is formed shall be
twenty-five years
sEcToE l. The regular meetings the stockhOdsa Of the
Company shall be held annually commencing the third
Monday Of December 1868 which time johty capt
for ensuing year who shall Board Of
Control for the The ss Of tbs Company Tor
until the election OF directors ,forssad the folio Eing
the affairs OF said Company any three II HON shall co..
stitu.- quorum, viz; TbomSs A. Ad&gc William whann,
soulton, George A Fosdck and David DeHsv,n
the s not disco the Company out SS
s,ctos then in Office shah .tnue to exercise then fun,
Sfc = Members Of said Board Of Directors shIl form
have power 10 make aud adopt all Jules aud laws
for tho Of the Company the same do
Of ncorpora ion and the laws this state BOard
Directors map declare dividends from time to time Ihey
SIC u any Director shall cease be Stakeholder do.
ring his term o. Office il shall be declared vacated the
event Of e death absence or resignation Of any
Director the BOa shall the authority hthe
occ4sionsd thereby.
no Stakeholder shah be held li.be responsible
for The contrasts or faults o. said Company be- Snd the
shsl any informally in tn organic alton Of said
ter nuL or Of exposing Stakeholder any greater liza
bi Try than the amount Of his her, their stock therein
shud any subscriber refuse neglect pay punctuay
the ofeieht per per shall be
added thereto from matur ~ until heal payment d any
within thirty days TIE specieed time payment
ss sV or bare. nron when ady Sst SG TO s
sod at auction or 20 ioe. said shares % mpe
: lie board may deem advisable.
No subscription to be binding until the Of hundred
thousand do avs Is subscribed the payment
per cent shall be due and pay abls-
ARTICLE XIII.
The following NAMED ersor are Stockholders in said Com
stock placed opposite their names, towt:
william treevy, George A. Fosdck Thomas A ADAMS VIM
P Rsnh bs HsS n'u'0n 0h-'''' 0ES' '' ""''
And in conclusion, the stockholders hereinbefcre named
cauomaton z the aforesaid ssipulstuns asd
ueements ordaiued and established by present fo
tie purpose mentioned and that effect
herein above subscribed their names respectively.
and pesed the city OF New Orleans Aforesaid
the day nth and Ee, f'. 80 We wsea N e. PFsssns'
duic ad this city who hcreuuto sgoed their
with said paries and me notary.
GEORGE CLARK,
y. Nee. SWAIN.
EDWARD IVY, Notary Public.
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