New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-16
CORPORATIONS.
NOTICE TO THE STOCKHOLDERS
oPTaR
New Orleans Canal and Banking COMPANY,

NOTICE TO THE STOCKHOLDERS
New Orleans Canal and Banking Company.
The stockholders of the New Orleans Canal and
Banking Company are hereby notified that. in pur
| adopted November g. 1870, meeting of the stock
holders Of the said corporation will be held at the
| office of the said corporation, at the corner OF
Camp and Gravier streets in the First District OF
the city of New Orleans, in the State of Louisiana
| on the twenty-sixth of December, 1870 between
nine O'Clock A. NJ. and three O'Clock p NJ and be
| adjourned from day to day, and resumed and con.
tinIed every day successfully Sundays and holi-
days excepted between the same hours until the
first day of July 1871 inclusive, to take into con
sideraton and decide:
l. Whether or not they accept the benefits and
approved March Is, 1870 entitled IAN act extend
ing the charter of the New Orleans Canal and
Banking Company, and the duration thereof for
| twenty-five years, and authorizing the reduction
of its capital stock to Que millisn OF dollars and
2. Whether or not the said capital stock shall be
reduced to one million of dollars.
The act above referred to is in the following
words and figures, viz:
AN ACT extending the ZEE charter of the New Orleans
Cana! and banking Company, and the duration
thereof for twenty-five years, and authorizing
the reduction of its capital stock to million
SECTION l. Be it enacted by the Senate and House
OF Representatives of the State of Louisiana gen.
era assembly convened, That the charter of the
New Orleans Canal and Banking Company as en-.
acted by the act entitled An 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 thir y-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 amended as
to read as follows:
That the subscribers to the said company, their
and assigns, shall be and hereby ere
ated corporation, by the name aud style of the
New Orleans Canal and Banking Company and
shall so continue until the thirty first day of De-
cember, 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, immovable and movable, and to loan
negotiate sell. grant and dispose of the same, to
sue and be sued, to have common seal and to
establish such bylaws as may be convenient not
being contrary to this act nor to the constitution or
SIC. 2. Be it further enacted, etc, That it shall
be lawful for the New Orleans Canal and Banking
Company, by resolution Of its Board of Directors,
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
sderng the expediency of such reduction.
in this act Contained shall be held or a
extend or grant to the said Canal and Banking
Company any other than it's banking privileges as
contained in the original charter and its amend.
ments, and it's 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.
ltal 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.
tsisnedl MORTIMER CARR,
and PTesident Of ths
Approved March l6' 1870.
Governor of the State of Louisiana.
GEORGE E. BovEE, Secretary Of State.
BY order OF the President and Directors:
MOB Gal CHI JUMONVILLE, Cashier.