The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-02-21
ARTICLE III

ARTICLE Ill
sscuosI Il shall be ths duty Of thu Manager rssp,
pspy cOrrscs record Of the proceedngs snsscors 40
counts property business and affairs well as full and
&c shall moreover act as Treasurer Of the Company and
e s &C. s s subject % Board
Control The and account Of the Company and 70
countsigned ~ the Secretary and transact all banking
% n sb.l be thu dutv of ths Manager of said
Company to exhibit or 70 be exhibited sOkhOd
seeouns and documents esongne TO said Company
submit 20 them on Or before the twentieth OF each month
' SEC X he q ths rssa.;op psrnsn.n. sessnos
dntey proceed to appoint Manager pro er wno sns sc
e Ss sss s the
elect manager nom among who sha ss subject
rsy absence Of the Manager the aforesaid Board Of Cono
SEQ l1 X the snnas meeting Of the socEhods the
Company the Manager may make report Of such matters
ntes 81 The Company ii which nesting each share q
the said Company sss be entitled 70 ono vsss on all
SIC 8. The said Manager shall have power to appoint
ssesncss should Occur subject 20 the spprova The
Board Of CONTROL snd he may remove said Secretary agents.
oher employees ct any time without the sanction u said
ARTICLE VII.
On the expiration OF the said term Of twenty-five yeA
e s IN sass shall have
opO1 the nSSs O. selling a and 6sp0sns snS ala. az
decide and AZ the and condition. Of the sss Or
Its sfAdrs 70 the best advantage.
ARTICLE VIII
rnrssfourhs Of stockholders IN capital shan have u.
power to wind and settle the business aad ass Of said
Company, at any time during It's existence or OF making
sy days notice in two Of the Newspapers published
n this city.
mi Of ' no EGNpREp AND FFTy DOL
LARS divided into of Fifty Dollars each, all Of which
e s psd or
Hon. The should be required By tv0thirds capital
TIE Affairs Of Company shall be under the direction and
management Of Edward Higgins who may at any tina have
smong the stockholders Of the Company, subject TO the
prevail q the board o. SeI sa ss .sa
ARTICLEv.
holders Of the Company shall Be held annually. CON
nsneing the hrst tuesday in February lses At which
4 G5 the :PSns who 's con
shall be Chairman and entitled 70 vote all matters
brought and until the election Of Directors sors
is q: sssas asnf iSf
TO- T. ss1 ~ saSsssd s6s ma,
dissolve 1S the said corpOrscn but mai
continue exercise It's functions until new Board can be
SEC s. Three members said Board of Control shan
Board hereby invested with full power adopt
for sps hs s n he H.
provided the shall not confic. with the true in
laws Of this State And in the temporary
they ssScs ns Sspg 70
eli steamships estate etc. for the Of the Com
to as % 1T "ss and
and to Guild cause 10 be built steamships tor
SEC 4 II any member of said Board shall ceass to be
ss sh be declared and In the event Of
he u o. any ,b @sR ssT. Of 0 ssiS
70 e vacancies occasio1sS sasrssy nsn "a
sTc s. The said Board shall monthly for the
Esasr ss tine By giving six hours notice in writing
ARTICLE VI
Al transfers Of stocks sna ofce Of the
Company and recorded in book Of transfer 70 De kept 70;
act Of transfer to abide By all terms conditions and stp
made and sdcpted II pursuance thereof
ARTICLE K.
No ssockholdsr shall ever be held liable or responsible
or the contracts sats 60, Of said company, BE-
aor shall any nfOraiy in the organisation Of said
Company have the effect Of rendering the present charter nall
Of exposing Stakeholder greater liability than ths
amour: Of hi, stock therein
ARTICLE H.
The said Company and be sued IA Its corporate
capacity, and plead and be implicated accordingly
ARTICLE XII
ms iOCvns named are s;oczSodsr' q said Com
| opposite to their names respectively, to-wit
M J. Smith, VIM Creevy, Jno. Armstrong, Thos B. Lea
Geo. g. Garner, j. B. kurisop, Geo. W. Manson, J. Il.
stauaer A Shropshire John femberton Edwd A. York
Harmon Doane O. H. Bradshaw, David ncCoard, kennsst
Bell, VIM N. Perkins, A. kltenbergsr 90, Wlhslmus
Bogart, and othe-h
ARTIOLE Kill
The Beard Control shall 10 receive further
subscriptions said Capital Stock until the amount SUBJ
scrbed sha have reached the aforesaid Of million.
ARTICLE XIV.
This Association shall into operation o. secs - hs sun
OF Fy Thousand Dollars shall have been subscribed for
And conclusion the stockholders herenbefoe named, IN
confirmation OF the aforesaid stpu stons and
ordained established by the
purposes hereinbcore mentioned 10 that only
DO hereunfo Subscribe their names respectively
Thus done passed Orleans aforesaid
day. month and year first above written IN the
of Geo. Clark and McC Swain competent witnesses whs
hereunto sign with said parties and notary
| John Pemberton, Z. Rigney, Geo W. Manson,
| William Creevy, Marshall ]. Smith, O. Il. Bradshaw,
Jss kcClosksy, J.ABrs6bury N. d, Edward Higgins
| Jno. Armstrong. Kdw. A Yorke.
| EDWARD IVY, Notary Pabie
| In pss-epceo Of Geo. Clark. y. MOO Swain.