The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-06
NO. STEAMSHIP COMPANY.
CHARTER. ......................... CHATTER
or
NEW ORLEANS STEAMSHIP COMPANY.
UNITED STATES OF AMERICA, \
STATE or LOUISIANA, Orr or NEW ORLEANS.

UNITED STATES OF AMERICA,
STATE or LOUISIANA, Orr or NEW ORLEANS.
Be Known That on this eighth day Of February in tn
year Of our Lord one thousand eight hundred and
?. as S d ?. A United States r.
= and Tor the CITY and Psa.h Of New Or
stoned and sworn personally came and appeared "a,
parties hsTsinssr and undsrgnsd Who ssssrsiy
statutes Of The state Of Louisiana relative orgsnizs
sgrsed do By these eovsnan ssrss and pnS
themselves, and those whom they 70 form
purposes the spustions regulations and obss
lions following. to-wit:
ARTICLE 1.
name and title of said Compauy shah be the NEW
ORLEANS sTEAssHfP COMPANY, I" and its SouiciI 1,
hereby establishes IN the city Of New Orleans and
these presents unless sooner dissolved Is
provided for shall have seal with device upon
thereof
The Object ., said company 70 eOnsue. or otherwise
OF lines Of steamships to be owned aud CONTROLLED In city
OrRorts ON the Atlantic Gulf Of Mexico.
vba 81 said shall be the proper person
IN the said Company may be Interested
ARTICLE III.
The capital s,sck Of said Company hereby axed
LARS divided INTO shares Of Fifty Dollars each ali Of sSieh
TO be paid a. or before the signing Of these psent which
lion. the should be required BY twsshrds capital
ARTICLE ~.
The Affairs ofsaid Company the direction and
management Of Edward Higgins who may any
among the stockholders Company subject to the sp
Proysl Of the Board Control whe shall act Board Of
ARTICLE v.
SECTION, !; The regular meetings Of the stock
holders OF the Oomnsy shall be ned annually com
in shall sS6oss @ T1
Der TO serve as Directors Tor the ensuing year who shall
shall be Chairman and entitled vote on ali matter
brought before it, and until the election of Directors sore
q vs ssIfa s1d'' cSss VI M.
PE sn TO = ARMSTRONG aI : =: MoGLosKEY;
dissolve the said corporation bat the Board Ocs shall
eontnneto exercise its functions until Board
SIC Three members Of said Board Of Control shah con-
Board hereby invested full power TO frame and adopt
such By laws rules and as they may deem rsql
affairs provided the same shall not conflict with the in
laws Of this temporary absence Of the Man
ager they select Chairman preside Their meetings
sell steamships ue estate etc for the uses Of the Com
ps9y to make contracts leases hypOthecatiOns
money and to Guild or cause to be built steamships
SEC 4 If any member Of said Board shall cease to be
OF said Company during his term of service his
permanent absence resignation Of any member Of said
Board Of Control the said Board Control shall have power
meeting thereafter of the Stockholders for election Of
Oncers OF the Company.
SEC s. The said Board shall meet monthly for the tran
saction Of business and the Manager call to-
gether st any time BY giving six hours notice in writing
ARTICLE VI
sxcrIoK Il shall be the duty Of the Manager 20 keen on
kept books in the name Of the Com.
pany correct record Of the proceedngs &C.
counts property, business and affairs well full
BE shall moreover Treasurer Of the Company and
keep cash account in one Of the banks banking COM
Control in the name and for account Of the Company and to
countersgned by the Secretary, and transact all banking
SEC T. L shall be the duty Of the Manager Of said
Company exhibit Be exhibited to the s,ockhod
whenever thereto required by them all the BOOKS papers
submit TO tsem before the twentieth of each
detailed statement Of the business and affairs Of the Company
sEc In the event Of the resignation absence
proeeed TO appoint Manager pro tenn who shall act
such until the first annual meeting Of the Stock
elect manager from among themslyss who shall Be subject
absence the Manager the Aforesaid Board Of Control
shall have power TO appoint Manager pro tenn.
and aSn AZ he may deem eIpdsst apa 1ea S
interest Of the mpsny which Getting share Of
stock in the said mpany sAa be entitled all
SIC s. The ssd MANAGER shall have power appoint
Secretary agents and other employees annually and
Board Controls may remove said Sc reary agents
other employees at time without the sanction Of said
ARTICLE VII.
On the expiration OF term Of twenty years
agreed upon for the existence said Company
the mode selling and dsposng Of ali
Sn sp s s q and also
disposition thereof and finally Of winding and hqUidatns
ARTICLE VIII.
Threeourhs Of in capital shah have the
power to wind and settle the business and affairs
Company at any time during its existence, of making
notice OF Dubiished
n this city.
An transfers Of stocks shall be made in the ONCE Of III.
Company and book transfer TO be kept for
tina, purpose The stOckhOder binding himself in said
nsons Of this ali any rules regulations or bylaws
made and adopted in pursuance thereof
ARTICLE K.
No stockholder shall be held liable or responsible
Ts pi *. smo@n Of 1's stock be
shall any inormAlity the organization Of said
exposing stockho any greater liability than the
amount Of his stock therein
ARTICLE XII
The said Company shall be In its corporate
name and capacity and plead and be implicated accordingly
ARTICLE Kill
The following named persons Stockholders in said Com
opposite 70 their names respectively, to-wit:
sea Gansr WI J5eey Irso 1o Gem Tnos Lee
stsufer A Shropshire John fenbertOn Edwd A. York
! Bell, VIM Perkins, A. Mitenberger 4 Co., HLhslmus
'0sA''' anu 0'H' ARTICLE XIII.
The Beard Of Control shall be TO receive
subscriptions TO said Capital Stock until the sub
cribed shall have reached the aforesaid Of million
ARTICLE XIV.
This Association shall into operation the sum
II Fihy Thousand Dollars shall have been subscribed for
And in conclusion the stockholders herenbefore named
hrmaon of the aforesaid spulstiOns covenants and
ordained and established the present act for
he herenbefore mentioned and that only
10 hereunio Subscribe their names respectively.
Thus done and passed at the city of New Orleans aforesaid
day month and first above written In the presence
II Geo Clark and r. McC. Swain, who
ereunto sign their with said parties and me notary
ohn PembertOn, e Rigney, Geo. ". Manson,
las ncCloskey, ]. A Bradbury. n D. Edward Hggins
mo- Armstrong, Edw. A. YOrke
EDWARD IVY, Notary Public
In presence Of Geo. Clark, r. McC. Swain
ED UCATIONAL.