The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-01-24
ARTICLE


ions folevns to-vts:
ORLEANS sTEANSHIP COMPANY and It's domicil "a
sss and continue for the term Of twenty years from tie
Of these presents unless sooner Dissolved as herenssf
he and the Of the Company upoa the margin
lhereof .
The obec. company to construct otherwise pro-
cure Steamships TO constitute line
or lines Of steamships owned and controlled In the city
e.. IL % @ S ana any '
Of said company shall be the proper person on
whom serve citations NOTICES and other legal process ~nes
In the said Company may be Interested
ARTICLE Ill
ssco. shah be the duty Of the Manager 70 r.sD .,
psny, correct record Of the proceedings transactions 40
Of tbe rscsU and
he shall act as Treasurer OF the Company and
nsne 81 III city, subject to the approval Of the Board Of
Control IN the name and for sccosn Of the 0OnpsS and 70
counterigned ~ the Secretary and transact all banking
:hsl be the duty Of sAs .s9sssS Of .sld
accounts and documents belonging Company
70 ssm on o. sSs ss ,T D . ss S %nsn,
turing the precedns month ... -,. .,..,..
or dsth Of the Manager the Board Of Control
dsey proceed to appoint Manager pro tenn who shall act
holders as which meeting the stockholders shall proceed
slsct manager from among thsnseyes who shall Pc subject
ray Of the Manager the aforesaid Board Of Control
SIC x the annual meeting q the stocEhOden the
Comps the Manager may make report sf such matters
ntsrest Of the Company at which nesting each
the said Company sss be entitled ts vote oil
SIC s. The said Manager shall have power appoint
Soud subject 70 Il: spproVsI Of the
Board Of Controls and ne may remove ssa
3 sos Ssl'' '"''''' " ~, r .' s'.-O+' '
On the sxpstion Of the said term Of twenty-five years
smsjory Of tie stockholders in capital shall power
dstermine upon the mode Of selling and dispOsns Of all
% upsn az the ana conditions ohe :aIs
disposition thereof and finally Of winding aHe hquidsins
rs Affairs 70 the bsst advantage.
ARTICLE VIII
rhresiourshs Of the stockholders capital
Uompsny sadss,cn. or cbsnres 20 tbjs ct on yas
sixty days preeus notice In two Of the newspapers published
ARTICLE TX.
nm 20 Of Two Two HUNDRED AND FfFTY THOUSAND DOL
LARS divided of Fifty Dollars each, all OF which
nav ~ neessed to AZ amount not exceeding one NH
Hon. the should be required BY tvothrds capital
ARTICLE "
The said Company shall be under the direction and
Of Edward Higgins who may At any time have
among the stockhoders Of the Company, subject TO- the
Agents 70 assist snssctng business Of said Company
ARTICLEv.
SECTION l. Tbs regular meetnp Of tns stock
oolden Of the Company shall be held annually, com
mencns the nrs. Tuesday IN February sss :. which
Der Directors Tor the ensuing yea, who shall con
.hsl be Chairman and entitled TO one vote all
before IT, and un the election Of Directors
3D. q. Of S0gTo 4snf N
PESBEEToS, J. HkMsfRoNe j: McCLosKEY;; =.
dissolve the said corporation but the Board in office shall
continue exercise l functions until new Board can be
SIC Three members Of said Board Of Control shall
Board Is hereby invested full power frame and sdo.
such rules and regulations as they may deem rsqG
affairs provided the shall conflict with the true In
sgs Of sp this s And in the Of the Man
aver they select Chairman to preside their meetings
eli sssnshps fuel real estate the uses Of the Com
pany to make contracts leases mortgages
money and to build canse to be built O
SIC II any member Of said Board shall cease to be
Stakeholder Of said Company during bis term OF service nl
absence or resignation Of any member Of said
Board Of Control said Board Of Control shah have
meeting thereafter of the stockholders for the election
nc s. The said Board shall meet monthly the
ssction Of business and the Manager NAV eau them To-
Tethar Is time Dy RtNlnk HUNTS Al
ARTICLE VI.
All transfers shah Be made IN the once Of 81,
hat purpose The sockholder binding himself In st
on Of dis c and al or any rules regulations or bylaw
made and adopted In pursuance thereof
ARTICLE K.
No rockholder shall ever be liable responsio,
OF the contracts. OF fault: Of said &C. COMPANY be
nor shall any nformaity in the organization Of sat
have sns n 20 ssf uabS sS.r III
amount Of his stock therein
ARTICLE xI.
The Company .hsl and be sued n 1t. coTPOTsu
capacity and plead and be implicated accordingly
ARTICLE XII
fhs following named persons sOckholders said Com
opposite 10 their names respectively tO-wit:
M J. Smith, VIM Oreevy Jno Armstrong Thos B. Lee
SEQ g. Sas sb1cVssrs JoSD rs Gs Ed%d e. York
Harmon Doane @. q. Bradshaw David McCoard, Kennet
Bell VIM N. Perkins, A. hntsnoerger Co., Whnsiau
ARTICLE Kill
The Beard OF Control empowered 20 receive furths
subscriptions said Capital Stock until the amount sub
ARTICLE XIV.
,. Association shan 70 into operation shs sur
o INV Tscusand Dollars shall have been subscribed io
And IN Conclusion stockholders herenbefore named
ordained and established By The act
te hereinbeore mentioned and 70 that effect
% hereunio Subscribe their names respectively.
Tins done and passed city Of New Orleans aforesaid
are dsv month FIRST written, In the
on Geo CLARK and r. Moo. Swain competent Witnesses
hereunto sign with said parties and me- notary
John Pemberton. T. Rigney, Geo. W. Manson,
TiIliam Creeyy, Marshall j. Smith, @. B. Bradshaw,
ia NcClosksy, J.ABrsdbury, NJ D. Edward Htggns
! mo Armstrong. Edv. A. Yorks
EDWARD IVY, Notary Pabie
| In presence Of Geo CLARK. y. McO. Swain.
|
DEAsAOOLA oBsEKvER-