The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-01-31
ARTICLE III.


sscroz shall be the duty of the MANAGER 70 kss OF
be kept In bound books In the name OF tho Com
pany record Of the proceedings transactions
complete account Of the receipts and disbursements hersO
re ns IN oSs Of Ss Ss1fnr co
painless Of this city, subject to the approval Of the Board Of
Be- Alone authorized and empowered 70 draw checks 70 Be
eOuntsgnsd By the Secretary, and transact all banking
a shan Be the duty Of ne ns1.s.r Of .sld
70 or b Os N ooo
and belonging TO said Company and also
detailed Of the business and affairs Of the Company
during the preceding month
death Of the Manager the Board Of Control shall imme
assy proceed 70 appoint pro whe s :hs .0
holders which meeting the Stockholders shall proceed %
g election snnuaiy bsIsssr and IN the case Of the tempo
ray Of the Manager the aforesaid Board Of Control
sEo H the annual meeting Of the stOckhOlde of th.
oc%gs the Manager may make report 81 such matters s
interest Of the Company at which meeting each share Of
ock In the said ssA be entitled 70 vste 81
SIC The ssid Manager shan have power TO appoint
Vacancies should occur. subject % the approval Of the
Board Of Controls ane he may remove said Secretary sgen
so. Ssl'f 'H'''' ~, ~'' ..n1a' - ''''''' '
On the expiration Of the said term Of twenty-five yesrr
smsjoty Of tie stocoIders in capital shall have power
upon the mode Of selling and GD1ns q ~
decide upsn and ax The and conditions ofhs sale
tts Affairs 70 ths best sdvsntsse
ARTICLE VII
fhrss0uths Of shs stockholders capital shan
COMPANY, at time during Its exsteaes. Of making
sixty days prsusas notice in two Of the newspapers pubshe5
ARTICLE TX.
Tia capital stock Of said Company hereby nxed q, the
UNI Of Two HUNDRED AND FIFTY THOUSAND DOL
KS divided lnso shares o. fy Dollars each al Of Which
capital nsy be increased amount not exceeding mil
On ihs sane should be required By tv0ihrds Saptsl
ARTICLE ".
TIE Affairs Company shall under direction
he privilege Of sssOcsng With him one or more persons from
smOng The Of the Company subject 70 the sD
Agents 20 assist in srsnsacns the business of said Company
ARrICLEv
srcrlor L rfs regular meetinu Of tns ssOcS
holders Of the Company shall be held annually, com
ssns On ss IN osp choose TaS
q. :. Director; ioF the sp.Ing ys. who shall con
S s r. and Su : 4: g % or all @s
g: Rsnst sSs'ssfss n .
SIC The failure elect Directors aforesaid shall nes
dissolve the said corporation bat the Board n Ose shall
SIC Three members Of said Board of Control shah con.
uts quorum The transaction Of business the ssa
Board is hereby invested with full power 70 frame and adopt
te and necessary the Company and The transaction Of E
Affairs provided the shall conflict with the true In
laws q this State And II the Temporary absence Man
ey shall have power and are hereby authorised 70 buy ana
sell steamships fuel real estate etc. for the of the Com
70 az salaries Of oes and
borrow money and 10 build to be built sssmshpsfo
sEc 4 If any member Of said Board shall cease to be
once Be- and the Of he
permanent absence or resignaton Of member Of said
iii vacancies oocssiOnsd thersby until the nrst regular
meeting thereafter Of the Stockholders for the election
ssc. s. ne .aid Board shah meet monthly 70. the
sssS:s at any time Sy giving SIX hours notice in wrns
ARTICLE vi.
Company recorded Of transfer 10 be kept for
that purpose The sockholder binding himself IN SAID
astOns Of this al any rules regulation. or bylaw
made and adopted In pursuance thereof
No ssOckhodsr shall be held liable srcsDoEsoa
o. Tie &. so1Ss Of H. s oS Ct d .. 1Sim9 20
shall any inormalty the organisation Of sad
or Of exposing stockhcder any grsssr liability Ss1 d
amount Of his ssOck therein
ARTICLE xI.
The said Company shall sue and be sued IA It's corporate
and capacity, and plead and be implicated accordingly
ARTICLE III.
xhs following named persons Stockholders N said
pany and such entitled to the number Of placed
opposite TO their names respectively, to-wit:
M. j. Smith, VIM. Creevy, Jno Armstrong Thos B. Lss
Geo. g. Garner, J. B. hurison Geo. W. Manson, J. e.
Stsuner A. Shropshire John remberton Edwd A. YORK
Harmon Doane, @. a. Bradshaw David McCoard, Kenneu
Bell VIM N. Perkins A. hitenberger q Co., Wilhelmns
BcRsrt and othsrA
ARTICLE Kill
The Beard Of Control be erpowered to receive farther
20 said Capital stock until the amount sub
ARTICLE XIV.
This Association shall into operation a shs SUI,
Of Fhy Thousand Dollars shall have been subscribed Tor
And IN conclusion the stockholders hereinbeors named
Of the aforesaid stipulsons covenants ard
ordained and established by the present act
the purposes heeinbetoe mentioned and to that only
DO hereunio Subscribe their names respectively.
Thus done and passed city Orleans Aforesaid
khe day, month and FIRST above written In the presenc
Geo Clark and Moo Swain competent Witnesses who
hereunto Sign their names with said parties and Notary
John Pemberton, e. Rigney, Geo. W. Manson,
william Creevy, Marshall ]. Smith, O. q. Bradshaw
Ias kcClosksy IA Bradbury, n D., Edward Higgins,
yno Armstrong;, xdw. A Yorke,
EDWARD IVY. Notary Public
In presence Of Geo. CLARK, p. McO Swain