The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-01-10
ARTICLE Ill

whom &c serve citations sg where
n the said Company may be interested
ARTICLE III
syc,ros Is shall be the duty Of the Manager 70 Kssp
suse kept In bound books in the Of the Jou
SSuS SGpsy SSnss. sd s well as and
complete sccOunt Of the receipt: and bur shsso
cash account In one Of the banks or banking
Control in the Of the Company. and
be alone authorized and empowered to draw checks g Be
sounesgned By the Secretary, and transact all banking
z shS Be the duty q ss ss1 ne q .sf
s whenever thereto required by them all the books papers
,SS%t 70 ss on before he twentis6 each month
detailed statement Of the business and Affairs of the oOmpsn,
SIC In Of the resignation. permanent sbsencs
sss Vro C. 70 sppont MansSer pro who shall act
such unt the nrs snnus meeting q the stock
elect manager among themselves who shall be subject
are sbssns Of The ssns the Aforesaid BOARD Of Control
shall have power TO appoint Manager pro tenn;
oo@gy the Manager may MAKE report Of such TSts g,
a1s 81 bs 0Tpspy Al Which meeting each share Of
ock said Company s-A be entitled V vste all
sTc S. The said Manager shan have power to appoint
Secretary agents and other employees susy Sn0 9tsneT r..
Contro he said Secretary. agen
other employees At any time without the sanction OF said
ARTICLE VII.
On the expiration the said twenty-five yexn
smsjoTity Of the stocz6odsrs in capital shall power
determine upon the mode Of selling and dsposlng Of All
upsn and The and condition. the ale
u sIs . sss Ss.s s.S
ARTICLE VIII.
fnreeOuhs Of the stockholders In capital shall have the
COMPANY at any time during its existence making
mcdhesten, additions changes 70 this act on giving
sixty days notice In two OF the newspapers published
Ths capital s.ssE q ssld Company Is hereby s,sd e ns
LARS divided into shares Fifty Dollars each all Of which
Pd before the signing Of these prsssnts which
on The should be required By twoshirds capital
ARTICLE w.
management Of Edward Higgins who may at any time have
The privilege Of .ss9estng Nth him one or more pe,s'1s from
provs Of the Board Control who shall act Board Of
Agents 70 assist In trsnssctng the business Of said Company
ARTIoLEv
sESFIos /. Tns regular nesting Of The stock
holders Of the COmpAny. shall be held annually,
nesting On mso IN esp shan choose i've Of their nu
e, sT ~ the p.S K. .sa
shah be Chairman and entitled 20 one vote on all matte
I'D the following named shall constitute the hrs
s1sSd Sl GSpsTO aMsfRosSs! x SM
SEQ The failure 70 elsct Directors as aforesaid shall MOI
EXERCISE functions until ):
src g. Three members Of ssd Board Of Control shan con-
tute quorum for the transaction Of business and ths said
.a s @ sS hsy sns . sSR
de and for the Company and the Of M
ent and meaning Of this Act Of Incorporation or with ths
laws Of this State And in the temporary absence Of Man
they shall and hereby authorized to buy and
Osns 70 make CONTRACTS leases mortgages hypotbecaon.
and compromised to hx salaries OF officers and
SIC II any member Of said Board shsn cease to be
Stakeholder Company during his term Of service his
Office vacant and In the Of the death
O lie said soaTa q Control ha
al .DcsO1ss sssrssy until the ss ssgns
sncers Of the Company
..csion Of business and the Manager NAV call them
rsthsr ct tine BY giving six hours notice in writing
ARTICLE VI
All transfers Of stocks shah be made In the once Of tn.
COMPANY and recorded book Of transfer TO Be kept i
transfer 10 abide by an the terms Conditions and slip
alsons 2 . .s and al 2. any rules regulations or bylaw"
.... ARTICLE K.
No s,ocihoIdsr shall ever be hsld or rssponnbh
,Sno the Il. scSns 81 b OSs IN GmP SSSp.n
nor shall any mere inornAl in the org.n1stisn Of ssS
Of exponE stockhOder 70 any greater liability than hs
ARTICLE xI.
The said Company shall sue be corporate
name capacity plead and implicated accordingly
ARTICLE XII.
fhs following named persons Stockholders Com
pany and entitled 10 the number Of shares placed
opposite to their names respectively, tO-wit:
NJ j. Smith. VIM Oreevy, Jno Armstrong, Thos B. Lee
sssnrer. A Shropshire John rembsrtOn Edw'd 4 York
Harmon Doane, @. a. Bradshaw David McCosrd, Kenneh
Bell VIVA NJ. Perkins, A kitenbergsr Co, NilhAmus
Bogzrt, and otherh
ARTICLE Kill
The Beard Of Control shall be empowered TO recsye fue,
subscrptions said Capital Stock until the sab
scrfbed shall have reached the aforesaid million
ARTICLE XIV.
This Asocsticn sa 70 into operation as soon q the sum
d, fty Dollars shall have been subscribed for
And In Conclusion stockholders hereinbeorc named IN
copfrmaton Of aforesaid stipulaons covenants
ordained and established BY the for
he purposes hersnbeore mentioned and sfsct only
90 klreunfo subscribe their names respectively.
Thas done and passed of New sforcssd
Of Geo CLARK and n NcC. Swain competent witnesses
6ersunto Sign their with said parties and notary
vniians Crsevv Marshall T. Smith, q 81 Bradshaw,
LA HcCloskey, JABrsdbary. n Edward Higztns
Jno. Armstrong Edw. A. Yorke
EDWARD IVY, Notary PubHe
In presence OF Geo CLARK y. Moo Swain.