The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-08-01
NAVIGA. ...N ,WpROVEME -
CHAKTER....~.-...--...
STATE OF LOUISIANA,
-isf md City Of New Orleans

BE 1T KNOWN that ON this 18th day Of July year
Il. ss Sss az *. sp bsS s. the
ninety third before me Andrew Hero yr anStsry public in
du sao md asad and in the
Of the illnesses herensfser named and sssoa
~
ri. ETY. inccrperssd BY AZ s ssssd
.sa 1Ss:
titled for the orgsnIaisn Of 0OrpO,a.iOns tSS
woks Of Public Improvement ana Utility approved ssrce
70 the o. .s Company
s ass S s e Ss @ s. Sosp a.
this city the 10Th day July thoussno sgh. hundred
s 81 I'll Of the sd Company passed
bsor. tie l7,h day q june sghsso hundred
s s,Csi therein esU 1ss' . ot the
sssd that The or act Of Of he said
Comusny should be modified and changed 80 70 read as
ARTICLE FIRST.
usifE he"e STATES s aAsieATioS TsPHovEx ssT
Ses orssn: state Of Louisiara All legal process .ha be
served on The President OF the Corporation
ARTICLE SECOND.
The objects and purposes Of said Cooperation the
OF the bars and protection OF the eyees Of the
ehssns 81 if MYERS rs md he smo,. q IS also
formation q solid marine formations for hghihe use. and
n If {. &c
n EDWARD y S S Kingdom
and BY The United states Of AIsc. and =. such o,sss
hsTeaer be discovered invs.tsd or cSnssrScssd
which the said Corporation may acquire the right Of using
anu WI ,-s' ARTICLE THIRD.
The capital stock q this corporation hereby n1ed At the
sum o. nv LION DoaLAes rsBSssso o;. ., twenty
which Onehaf Ten thousand shares reserved and
s. sP oS. r S tea thousand .Sas. sh. Be
scrbed and paid at the times and In the manner following
hands Of the resident upon the Comrauys organisation
.%Sas and
ynve dollars each and every share there shall De paid m
OftwOve dollars and ay per s in four
months thirty dsys public notice SA have been given
Iswspspers puOss.d in the chy Of new 0hesns And
e, aos sna y esns Be on
the once of said Company after two years from the date
dawn sss poc. as the BOsTd sf DrecSSs Ssy require
But should the Board Of Deetsrs after t.o years deem
for such residue they are hereby aud s%P0S
Stockholders have previously pad all calls or de
mands made prior thereto ,s----.,--,n
p0ss Fifty Cent? per share after the payment q s,o IN
h's.l a .. r.ose 20 psv sny nstsmsns ca ed for
the time such nstsimeDt falls due, the Board Of Di
after thirty days notice newspaper that
all and every amount paid on said stock shall Dc forfeited
may pay Of the stock Subscribed from such
Of the delinquent subscribers as they shall deem advisable
ARTICLE FOURTH.
OF the ten thousand shares Of the capital stool
and set apart in the fore article che vs
said de Fer improvement In .rine lou
hs S
ys sSpdIss nars sDa s % Sa ss
twelve hundred and hty share. The remaining oye thou
be disposed BY Board o. DIscioI. for such
that said stock shall disposed Of only ~ three
vote Of the entire board Of Sad zen S
stock shall the owners thereof be liable
a qRSn .n ne .s .ad
rights and interests and % said patent styled CARLSON
use ne and vend others to being deemed
ncent consideration for said ten thousand shares
ARTICLE FIFTH.
Alpovers Of the Corporation shall be veste in q Boar
consisting Of Eight Directors who shall own eeh at le.s
ing sl.e. one Of their own lumber az. President
.Sn S through 'ns A.S and
have and enjoy es,s sSe ans
convey property for the use Of the said Corporation on
in paper BY mortgage property In the City
double iae value the amount loaned prosidsd MAT VI
loans shall be made only on vote Of sslssss shreeOurhs
sss sssra Of Direction. shan appoint Secretary and
such Clerks Agents may be necessary may
at pleasure tx he salaries Of all ofcers Of The Corp
any OF said cers and agents. shall msle estabi
such bylaws proper infringement and regulation
aicy Of the saiS Board shall be necessary to iS%
also 10 elect sSy III s1S iSs
therein BY DEATH absence resignation, 9th
e'u's ARTICLE SIXTH.
On the Monday in june thousand eight hu
bred and sixty nine and annually thereafter an election
the Cooperation which election previous notice Of fife
day, shall be gwen IN two newspapers paehed in New
voted upsn shall be sufficient 70 elect such Directors.
Zach shareholder, At all meetings for the election Of
psoSy 10 one Vote on each share Of stock held BY hun
the said Corporation but the Directors then in Ocs sh
hold until smother electsn is held Of which notice sh
be given above provided for, and shall continue until
ARTICLE SEVENTH
transfer of stock shall be recorded at Office OF said Co
binding Se BY the
fact Of sueh transfer 70 asee oy ali the terms
regulations BY laws made and adopted there
ARTICLE EIGHTH.
This Corporation shall be and continue during
Of twenty i've years from and after the date Of N
asd shares Of The ca,s stock specified in Article Tai
shall have been subscribed for.
ARTICLE NINTH.
The following named Stockholders, viz; John Dayids
snl Ser SaSs. Blair KoSsr.
Adam Thomson are here'y constituted the nrst Board
S%Ss . PT..asn. and the said Board shall serve
superseded BY taer successors to elected PROVIDED
ARTICLE TENTH.
The Board of Directors may accept Professionally any po'
or privilege erred the Association by amendme
of the which the same is for ned BY the adopt
Of any ner act Of the Legisaiurs or BY any act Of y
the United States OF America bat the final sccs
ance any such power privilege shall be determined b.
vote Of The majority amount Of the stockhOlders
ARTICLE ELEVENTH.
The liqSidati.n Of the affairs Of said COrpcrsiOn At
us stockholders shall be conducted by three Stockhold
duly elected Dy majority In amount OF the Stock holder
meeting convened for that purpose after sixty days
yious notice In newspapers published in New Ories
The liquidation and the amount Of their compen
lien as all other privileges to be conferred
sudstors shall be fixed in such the said Sto
| holders may 81 such general meeting determine.
a ARTICLE TWELFTH.
The names Of the Stockhoders their residences, and
respective Of shares held by each for the pres
sueh subscribed to this act sad
- | the names OF each respectively.
.-...a hnr tharnaalraa