New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-18
NOTICE no THE STOCKHOLDERS
OF rHR


New Orloans Canal and Banlking Company.
The stockholders Of the New Orleans Canal and
Banking Company are hereby notified that, in pur-
auance Of 8 resolution Of the Board Of Directors,
adopted November :, 1870, meeting Of the stock
once Of tho said cooperation, at the corner Of
Camp and Gravier Streets in the First District OF
the t q xsw 9ssns N the state e sa 1Guisana
nine O'Clock a. II. and three o'clock p NJ, and be
adjourned nom day to day, and resumed and CON
days excepted, Between the same houfs until the
hrst day Of July 1871 inclusive, to take into con-
l. whether OF mot they accept the benefits and
provisions Of act of the Legislature of Louisiana
approved March l6, 1870, entitled IAN act extend.
ing the charter Of the New Orleans Canal and
Banking Cnmpany, and the duration thereof for
twenty-five years, and authorizing. the reduction
q SsSs ssa eap. sSef shall &c
T Ss act Z ABOVE 1sssrrsd to j in the following
words and figures, viz:
AN ACT extending the charter of the New Orleans
thoreo. for twenty Five years and authorizing
the reduction Of its capital stock to one million
SECTION j. Be it enacted by the senate and House
81 Representatives Of the State of Louisiana in gen.
eral assembly convened, That the charter Of the
acted by the act entitled IAN act to incorporate the
subscribers to the New Orleans Canal and Banking
is3i s. and the same hereby Is eatended.ior the
term Of TWENTY-FIVE years. from the thirty-firs Of
December, in the year one thousand eight hundred
and seventy, and that the fourth section Of said
Aet shall be. and the same Is hereby 80 amended %
That the subscribers to the sold company, their
successors and assigns, shall be and are hereby Gre
atod corporation, by the name and style of the
New Orieans Canal and Banking Company, and
ellall 20 continue until the thirty day Of De.
cember in the year one thousand eight hundred
and ninety-6ve, 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 hx.lews - may be convenient, not
being contrary q this act nor to the constitution or
laws Of the United States or Of this State.
be lawful for the New Orleans Canal aud Banking
COmpony by resolution Of its Board Of Directors,
to reduce the capital stock of said company TO one
q e raas 81 fs %ssns q
stockholders to be called according to Law, Or by
any special meeting called for the purpose Of con-
sdsIng the Of s1s5 .sducT Sat nothing
In this act contained shall be held or construed 10
extend grant to the said Canal and Banking
Company any other than its banking privileges, a.
contained in the original charter and lite amend
ments, and its rights under existing laws to charge
eight per cent per annum interest or discount on
SEc. l. 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 rate ~ other personal property under the
(Sicned) MORTIMER CARR,
Speaker Of the House Of Representatives.
(signedl OSCAR y DUNN
Approved March E, 1870
Governor of the State Of Louisiana
GEoscn z. BovKH, Secretary Of State.
BY order Of the President ard DIRECTORS
NOS tjai CHI. JUMONvILLE. Cashier.