The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-21

UNITED STATES OF AMERroA.(
s,.r. o, LOUISIANA Orr or NEW oEIrASs-
S,: eighth day Of r sSS
and Of the independence OF the United s nubiic
nn' md :''Ps Si before Ss city NG and PsA Or
leans State Of Louisiana aforesaid daily sSyOssTsd The
parties hereinafter undsignsd who S ne
s.aIss q sAS Is. s sas relative oss
ton q corporations in this State they nave and
themselves they represent % s sss% and
purposes and under The stpusOns regulations and 0sHs
lions following. towis;
oRIEANs sTEHssHiP CONTAIN and It's do%i, ~.
hereby established in the city OF New n Sess from
presents unless dissolved Device Spca
he same and the name Of the Company up0n we ">s
thereoL
cure and MAINTAIN one or more 20 constitute as
lines Of steamships TO be owned and a n nv por
or ports on the Atlantic coast or Gulf Of Mexico an
Iss ..ys Citations a% nG s
In the said Company may be Interested
ARTICLE III.
The capital Company g hereby s1ea o h
uH q Tw0 I'D a. y Dollars each WHICH
paid signing Of these presents sns nil
LION, II the should be required b. twOshirds 0~P
ARTICLE ".
TIE AFFAIR, said Company shall he the dlrscon and
management Of Edward Higgins who may s ysrsns nom
among The stock6oders 81 the Compsny subject To- the ap
prevail Of the Board Control who shall &C, a5 nnSny
ARTICLEv.
srcnos l. The regular nesting. Of ,ns " cSm
msncing on the Tuesday February 1902 a. when
Der to serve as DseOrs Tor The sns1ng year who shall CON
sige and form Board Of Control OF which shS san matters
SroaeSt before H. and until the election Of s.rs
f sSsr d. q Confirm vis ssIfH cREEvT, j.
Sac The failure elect Directors Aforesaid shan nSt
Dissolve the said corporation bat The Board n one os %
slected- AN.
sttute quorum for business and the ad
Board hereby invested with full power 70 frame and sdCR
and for the Company ard the transaction Of Us
tent aud meaning this Of Incorporation, With The
laws q this state Ans IN the absence
They shall have and hereby authorised % euy ana
psny; 70 make contracts leases cages hYpOihecatons
and compromises 70 h5 salaries Of officers and %
the Of said Company.
stakeholder Company during his term Of service his
office shall be declared vacant and In the event Of the de@
sCa2s Of Control The said Board Of Control
1
meeting thereafter Of the stockholders for the election oil
SHo s. The said Board shan meet monthly for the tran
saetiOn Of business and the Manager NAV eau na1g W
ARTICLE VI
sxcrroxl II shall be the duty Of the Manager keep
SaHy 20 correct record Of the pToceednss s
counts property business and affair ss well as 1 saa
he shall act Treasurer Of the Company and
painless this city, subject to the Of the Board Of
he ap .utbo1ed and empowered TO draw checks 10 be
eountersgned By the Secretary, and transact all banking
n shall be the dusy O. the Hs9 s q sSa
rs whenever thereto required BY them ali the books papers
and documents belonging sad Company and also
detailed statement Of the business and affairs Of The Company
sIo In the event Of the resignation permanent absence
death Of the Manager the Board Of Control shall ms
such until the nt annual meeting thereafter q the stock
manager among themseves who shall Be subject
election .U N and n % case q the
| shall have power to appoint Manager pro tenn.
Compa y the Manager may make report Of such meters
things =; he may deem szpsds1 and Necessary for the
oea in the said Company sES be entitled 70 vote all
SIC 5. said Manager shall have power TO appoint
sgsns and other annually and esner
Board Of Contro and he said Secretary agents.
sos Ssl'i employees any n' "n0O' 'A' sanction OF said
On the expiration Of the said term of twenty years.
smsjoy q TIE soeFSodsTs IN capital shan have popsr !:
he property and Effects belonging 70 said Compsny ana .a
decide upon and n1 the e and conditions sAe
is Affairs 20 the best advantage
ARTICLE VIII
Three Ouhs Of the stockholders capital shah have the
power 20 vino and settle the business sAd affairs Of
any mOdhcaisni additions or changes to this act on Tas
| n this city. - ''-'''' '-'-'''A
All transfers s Of stocks shan Be @sas n a. ccs q the
that purpose The stakeholder binding himself M sid
% al any si .sUOSs o. aPs %
made end sdopted In pursuance thereof.
ARTICLE K.
No stOcsh0lcsr shall ever be held liable sspOnsIbA
yOnd amount bis stock IN SAID SSH"Pcs oSD.1 be-
or Of exposing ssOesholdsr TO greater liability than the
| ARTICLE XII.
The said Company shah and be It's corporate
name and capacity, and plead and be impeaded
| ARTICLE XII.
The following named Stockholders In said Com
pany and as such entitled the Of shares
opposite % tneir w Rsnss respectively, to-wit;
Gan M Smith, WT' G5eeyy Jno hmst5ong ThOs B. Lea
stsuner " A Shropshire John fs@bsrton EdWd 4. York
Bel, VIM N. Perkins, A. MiltsnbeTgsT 4 Co. Rhhslmas
O's''" 'n' ''N''" ARTICLE KIN.
The Beard Of Control shall be empowered to receive farther
subscriptions 10 said Capital Stock until the amount sub
'Soo Snail nave reached the Aforesaid sum Of one million
ARTICLE XIV
This Assocston go operation as soon A tbs
my Thousand Dollars shall have been subscribed tor
Confirmation Of the Aforesaid spuaons covenants and
agreements ordained and established BY the present act To-
me purposes heeinbefore mentioned eect onv
| 90 hereune Subscribe their names respectively.
Thus done and passed the Orleans Aforesaid
we Day month and year first above written
o. Geo Clark and r. hcO. Swain competent Witnessed VINO
neeunto sign their names with said parties and notary
| John Pemberton, +. Rgney, Geo W. Manson
/ Mnham Creevy, Marshall ]. Smith, @. II. Bradshaw
| yAs ncOlossey gABradbnry. M D., Edward Higgins.
| Jno. Armstrong. Edw. A. Yorks
EDWARD IVY, Notary Public.
/ In presence OF Geo. CLARK, p. McC. Swain.
MACHINERY, HARDWARE.