New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-11-27
CORPORATIONS.
NOTICE TO THE STOCKHOLDERS
New Orleans Canal and Banking Company,

The Stockholders of the New Orleans Canal and
Banking Company hereby notified that. in piIr-
suance OF a resolution of the Board of Directors,
adopted November 2, 1870, a meeting of the stock
holders of the said corporation will lie held at the
office OF the said corporation at the corner Of
Camp and Gravier streets, in the First District of
nc city of New Orleans in the State of Louisiana,
on the twenty-siXth of December, 1870 between
nine o'clock A. VI. and three o'clock P H., and be
tinued every day successfully, Sundays and Holt
days excepted, between the same hours until the
first day Of July 1871, inclusive to take into con-
l. Whether not they accept the benefits and
provisions of act of the Legislature of Louisiana,
approved March II, 1872 entitled An act extend;
Banking Company, and the duration thereof for
twenty-five years, and authorizing the reduction
2 Whether not the said capital stock shall he
reduced to million of dollars.
The act above referred to is IN the following
words and figures, viz:
AN ACT extending the charter Of the New Orleans
Canal and I'd Banking Company, and the duration
the reduction Of its capital stock to one million
OF dollars.
of Representatives OF the State of Louisiana in gen.
erh assembly convened, That the charter of the
New Orleans Canal and Banking Company, as en-.
acted by the act entitled IAN act to incorporate the
subscribers to the New Orleans Canal and Banking
Company. and for other purposes" approved March
s. 1881 be and the same hereby is extended for the
term Of twenty-five years. from the thirty-frst Of
December, in the year one thousand eight hundred
and seventy, and that the fourth section of said
act shall be. and the same is hereby SO amended as
to read as fOllOws
That the subscribers to the said company, their
successors and assigns shall BE- and are hereby Gre
ated corporation by the name and style of the
New Orleans Canal and Banking Company, and
shall continue until the thirty first day OF De-
cen,ber. in the year one thousand eight hundred
and ninety-five and by that name shall be able to
contract, buy, receive and possess all kinds Of
property, iniinovable and movable, and to loan,
negotiate, sell, grant and dispose OF the same to
sue and be sued, to have a common seal, and to
establish such bylaws as may be convenient, not
being contrary to this act nor to the constitution or
laws of the United States or OF this State.
SIC. 2. Be it further enacted, etc. That it shall
be lawful for the New Orleans Canal and Banking
to reduce the capital stock of said company to one
million of dollars provided that such reduction be
recommended to the Board at the meeting of
stockholders to be called according to law, or by
any special meeting called for the purpose of con-
siderins the expediency of such reduction.
SIC. g. Be it further enacted etc. That nothing
in this act contained shall be held construed. to
extend or grant to the said Canal and Banking
Company any other than its baking privileges, as
contained in the original charter and its amend
ments, and its rights under existing laws to charge
eight per cent per annum interest or discount on
its loans or discounts.
SEC 4. Be it further enacted, etc, That the cap
ital stock of said New Orleans Canal and Banking
Company shall be liable and subject to taxation at
the same rate other personal property under the
laws of this State
(SignedO MORTIMER CARR,
Speaker of the House of Representatives.
(Signel) OSCAR j. DUNN,
Lieutenant. Governor and President of the Senate.
tsigued) H. c. wARMoTH.
Governor of the State of Louisiana.
GEoRGE Z. BovEE, Secretary Of State.
BY order Of the President and Directors:
nos tja1 Oh. JUMONvILLE, Cashier