The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-22
UNITED STATES OF AMERICA, J
sfIn or LOUISIANA, Orr or NEW ORLEANS.

year Of Lord
RG men Ed%.ra IVY nos pub
.n and STAT, =. 81 Re L Gy and rH ar, New Or
stoned and s.Orn personally cane and sODearsd tss
declared that svsing themselves Of the provisions
statutes of the Of Louisiana relative organiIa
sSreed and 10 By these pr.ssns eoVsna. sr. and bpd
themselves and those whom they represent 70 form them
psroses snd under the spulatOns regulations and Osgs
lions following. sO-Wfi;
The name and title Of said Company shan b. the "yEw
ORLEANS sIEAAsHIP COMPANY and its domcil Is
hereby established in the city Of New Orleans and shall
exist and continue for the Of
date Of these unless dissolved hereinafter
The and the Of the Company upon the margin
thereof
and maintain steamships constitute line
lines Of steamships to be owned and cntroed the city
OrPOrts on the Atlantic Gulf Of Mexico
va@ ~ sns Ss tIs proper on
N the said Company may be Interested
ARTICLE Ill
The capital stock o. said Company e hereby nxed
LARS divided into shares Of Fifty Dollars each which
70 be paid at before the signing Of these PRESENTS which
Hon, the sane should be required BY twothirds capital
ARTICLE ".
The Affairs ofssid Company direction and
q EdwaLd Higgins who may at any time have
smCng The Of the Company subject to the
Agents to assist in antscng the business Of Company
ARTICLE v.
SECTION ]. The regular meetings Of the stock
holders Of the Comrsny shall be held annually,
mss majority sIs IN ep . sSoos i've their s TnS
Der 70 As Directors Tor the spsgng who shall
shall Ss ~ a and r entitled lie to one yIs On =. matters
aid the following named persons shall constitute the first
Board 81 GoRtrOl; viz; ~ J. SsITH WIN CRkEVY, ].
SEC. The failure to elect Directors Aforesaid shall
dissolve the said eorporaon but the Board in Oce shall
continue TO exercise its functions, until Board be
SEo Three members of said Board Of Control shall con-
itue for the transaction Of business and the
Board hereby invested vita full power frame and adopt
snch BY laws rules and regulations they may deem requ
te and necessary for the Company Of its
affairs provided the shall not conflict with the in
laws Of this State And the temporary of Man
Sger they nay select Chairman to preside At Their meetings
sell mshps fuel real estate etc. for the Of the Com
And to az salaries of oceEs md
borrow and to build cause TO be built stesmshpso
SEC a If any Of said Board shall cease to be
stoekhods Of said Company during his term Of service his
permanent absence resignation Of any member Of said
Board Of Control the said Board Of Control shall have
meeting thereafter OF the Stockholders for the election Of
SIC S. The said Board shall meet monthly for the tran
Aeton OF business and the Manager NAV call them to-
gether at any time By giving six hours notice in writing
ARTICLE VI
SECTION It shall be duty Of the Manager 20 keep or
TO be kept in bound books the the Com
pany record Of the proceedings transactions &C
ompss account Of the receipts and dSussnsns her sof
he shall moreover act as Treasurer Of the Company and
panes Of this city, subject to the approval Of the Board
be sone authorized and empowered to draw checks 20 be
~ the Secretary, and transact all banking
Sac. q Il shall be the duty Of the Manager Of said
Company to exhibit or be exhibited the sOckhOd
accounts and documents belonging TO said Company and
statement Of the business and affairs of the COMPANY
during the preceding month
death Of the Manager the Board Of Control shall nme
ssts Prossed to .ppOnt Manager pro tenn who shall act
holders hich meeting the Stockoders shall proceed to
election annually thereafter and in the case o. the e%SO
rsy absence Of the Manager the aforesaid Board of COnO
SIC At the annual meeting Of the Stockholders the
things may expedsa. and necessary for the
interest Of the mPsny At which meeting each share q
nsttsr. brought before %sn r. shall h,v.
Secretary agents and other employees annually, and oener
vacancies should occur subject TO the approval OF the
other employees at time without the sanction o. said
ARTICLE VII.
On the expiration Of the said term OF twenty years.
re t.sd the Of said Company
Determine upon the mode ef selling and dsposing of ali
he property and effects belonging said Company and also
disposition thereof finally Of winding up aad qUdatns
is affairs to the best advantage
ARTICLE VIII.
Threeourths stockholders in capital shan have IN.
Company at time during its exisesce or Of making
my modhcaeni additions changes this giving
x days preveus notice In two Of the published
y this city. -~'---'-
An transfers stocks shall be made IN the ONCE Of tia
COMPANY and recorded 10 book Of transfer be kept for
hat purpose The stakeholder binding himself In said
stons Of hi. act and al or any rules 81 sbS
made and adopted In pursuance thereof
ARTICLE x.
No stakeholder shall be held liable or responsible
hi x. smcSn Of Is .o OF id . SSpnPsy be
or shall any mere intOrmAliy in the said
Of exposing stOekho any greater liability than the
mount Of bis stock therein
ARTICLE XII
The said Company shall be sued IN It's corpors,s
ame and capacity, and plead and be mpeaded accordingly
ARTICLE Kill
The following named persons stockholders In said Com
sna - sIen are entitled 70 the number Of shares placed
Nj j smith, VIM Creeyy, Jno. rmstrong, Thos B. Lee
surer " A Shropshire John fsmberton EdWd 4. YORK,
Srmon Dosne' q H. Bradshaw, David McCoard Kenneti
ARTICLE XIII.
Inc BSsTS Of Control sS shall be 70 receive farther
ersed shall have reached the aforesaid Of million
ARTICLE XIV
This Association shall into operation as the sum
tihy Thousand Dollars shall hsYe been subscribed for
md in conclusion, the stockholders named An
Of the aforesaid spuations covenants and
ordained and established by the present act for
purposes herenbefore mentioned and to that only
Q hereuniO subscribe their names respectively
Thus done and passed the city orleans
day month and first above written the presence
Geo Clark and McC. Swain competent Witnesses who
ereunto sign their names with said parties and notary
Ohm Pemberton, X Hgney, Geo. W. Manson,
lillian Creeyy, Marshall J. Smith, @. II Bradshaw
rs. hcCloskey, ia Bradbury, N D. Edward HigginS
no. Armstrong, Edv. A Yorke.
EDWARD IVY, Notary Public
In presence Of Geo. CLARK, p. Nee Swain.
IIRsT RENIUM AND GOLD MEDAL
AWARDED TO