New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-05-15
AUCTION SALEk

States D'stricss = s. oscillation:
{ ,,Ef = f'S ,yas, association shall b.
+ ssl,e .,.yyTTsss"i.l ,oIEn'
H' E <, Gtas dissoantns BIZ s ao % s sad
81 ar ia silver buonD ' Ss o Of ea
ssoun3 snd s 90 sasrsss
. ifo sb o,s as are now. or may be here
H. XSeesne.day E rloLE M
land v00A. :s is 'fh &c s ss5''S :; ss'
oEahaIoLE "
JosEFiEesaid Corporation to be Two
Dollars, dvioed INTO -Four
rso Tho most venowr VS., VIZ: Iwenty five per cent
dec. zNIN6, Ma, j. =. August 30 Twen;y hys per
al II = ted Artists first day of February. ISL
6i im Z Kindly vOluisARrICLE V.
r. ip o, Melville put in oDsrstoa
r.; Mss s Of a nave sre poem oop sSS
mnsrs. Tenor, rmlnate in the year eighteen nun
Ne the gri Nv Cad v a. ARTICLE vi.
rsionssS Piap6 directors shall ns sm,ows-.e ..
ketscor oscriptions until the sub
ses 'ss
a.:fs Pfs'ss%
isiy' D., 81 tine Of suosorb'ng to the full
. - ''''''""'h'S "a'ufs' on 'hs original
sAIu ARTIoLE VII
- af,al stock of the Corporation may here
p5ssidsa sSss : majority
'''' 4%ri i1i VOTE S1l for such increase
= az - increase of capital shall have bee duly
\ ne az. sixty days thsrso shall be given
W az Newspapers published IN the city of New
q aLsge Of taking additional shares, in pro2or-
m nv ma
hts nj, directors at not less than par, for the
*. .5sd ARrroLrH.
ssa iustallments in default, interes at the rate
II ard Of Dit:cs9rs: after do!. s"tics; b
soId Gu whic aa sp "
III Of the Corporation
"a, ertihclts of stock sha be issued lu:ess paid
81: 81 Article
= r,is CORPORATION shall have sasi tine device of
Zen shall te the bust Msrqai. De i.afaystts.
u sae name OF the G prpor.ton IL tie margin.
AhTIOLE MI.
All powers of the Corporation shall be vested in a
tro OF p,rscfors eonssbs OF ;hlrsea persons
OF the firm OF which he is member. az least
suty shares of the capital stock OF i Company.
ARTICLE XIII.
The first Board of Dire shall be composed of
70 following named persons, all citizens OF this
Sillian 6: Doyle. Otto i. Taiesinan
John 7. Higgins. GUS "soq a. Br 1stnso0'
John q. Fleming, John A. Watkins.
"''iAa H. Iioyd R G Eena5G D. 'enaoes'
R%Ssu
s9ey shai continue N oiilse until the frs; day OF
ARTICLE XIV.
The Board of Directors shall at their first meet
s seSt ooe Of 1oe be TIE
sa meet ss OF the soaEd He sha have Charge
,he oOrDoration; also, Of The notes intended
t b sn s s .b b the
case OF absence or inability to ac;, the Directors
VINO shall the time being have and exercise the
ARTICLE XIV.
The Board of Directors may at any time make
saoh BY Jaws as they may deem expedeat, ana uay
repeai thu same at pleasure
ARTICLE XVI
nv The number of Directors for discounting uotes
and Crafts: AID purchasing bills Of exchange. may
BY the Board five of said D rsctors Shall be re-
inajority of said quorum shall be valid as co-po,
ARTICLE XVII
Tbs Board of Directors shall appoint a cashier,
Clerks officers sDd agents, and may the same
at pleasure. and snail nix the salaries ali thu OH
GERS OF the corporation Said Board may also, from
mittees OF their body, to their officers or
agents. as they may deem expedient.
ARTICLE XVIII
Tee Beard OF Directors may purchase. out OF the
,nnaS o. the corporation any evidences 81 DEBT that
Auctor Of Public Accounts, other proper officer
Of de to any Po the 81
OF notee OF circulation, issued by this corporation
ARTICLE XIX.
The Beard CT Directors snail have power to SUD- |
ply any vacancy that may occur in their board. |
sueh vacancy may be declared consequence Of .
death, resignation, want of requisite number of |
shares insolvency or absence without eave for three
4
The Board OF Directors, after paying ell tie
penses tae Corporation, snal, tslre N each year. !
z1x profits they deem @xpedeu5. Notice OF the
same snail be published in Two newspapers Of the :
ARTICLE XXI
9 ks By sSs ss Of the s0sEd IF P
ARTICLE XIII \
The President and Cashier shall sign all ontrscts
notes oero cates OF stock evidences Of debt OF
the Desperation a
ARTICLE XIII 81
Books for the registry and traus.sr of the oapel
etocA snaH be kept subject sucn restrictions as
- ths by laws nay direct. Y
ARTICLE XIV
EVER transfer Of any share shares of capital 4
nd be signed BY the shareholder. bis attorney IN N
ARTICLE XIV. G
sotsd at oss close The 5
longer than ten davs at any one time. 4
ARTICLE XVI.
81 No share shares of the capital stock shall be K
~ bic unless paid in full
ARTICLE XXVII z
. On the third Wednesday of April eighteen hun | i
dred and seVentyone, and annually thereafter an ID
Neection of directors, by the stock holders shall be
held OF the banking house of SAID corporation :;
plurality OF votes then and there given shall elect
previous notice of the to BIS gwen, at least Fl
thirty DAYS, in newspapers published in the city u
of New Orleans. All elections for Directors shall X
be By ballot N
ARTICLE XVIII. g.
Each stockhoider shall be entitled directly Or by NJ
proxy, vote eSch share of stock Cor. II
poraton owned and held by him in name, | A
or as trustee or legal entatvs OF others ~
at least three months prior to election. ~
ARTICLE xxx. i.
Two partners shall no he eliSble at the same | ~
time. as Directors of this Association. Nor shalt "a
Dlrect9r OF any other bank be Director OF ths 20
Corporation A.
ARTICLE XXX. 10
EVER ection Of rectors shall be super Intended
Dy farce com s,oners to be appointed the 7
stockhoider5 by the board of Directors one week p
Previous to said election =
ARTICLE XXI. r.
The failure from any to elect directors en- | "
the day wnen srch election should havs been held In
seal not dissolve the Cooperation: the directors +
then IN ct1ca shall hold until their successors
are elected and Qu4iiied: and, any time within 70
sixty days after toe appointed article tWerty 20