New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-15
CORPORATIONS.
NOTICE TO THE STOCKHOLDERS
PTHg
New Orleans Canal and Banking Company.

New Orleans Canal and Banking Company.
Banking Company are hereby notified that, in pur
suance of a resolution of the Board of Directors
adopted November 2, 1870. a 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.
days excepted. between the same hours, until the
hrst day of July, 1871, inclusive to take into con-
sideration and decide:
l. Whether not they accept the benefits and
provisions Of act the Legislature of Louisiana
approved March It, 1870, entitled An 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
OF its capital stock to Que mlisn of dollars" and
z: Whether or not the said capital stock shalp be
reduced to one million of dollars.
Inc act above referred to Is il the following
words aud figures, viz:
AN ACT extending the charter of the New Orleans
Canal and Banking Company. and the duration
thOreOi for twenty five years and authorizing
of dollars. '--'-'oA
SECTIoN l. Be it enacted by the Senate and House
OF Representatives, of the State OF louisiana in
erai assembly convened, That the charter of the
New Orleans Canal and Banking Company, as EN-.
tOf0COTDOrafp
subscribers to the New Orleans Canal and BANKING
Company, and for other purposes approved Marcf
p 1881 be and the same hereby is extended for the
Term OF twenty-five years, from the thirty-frst of
december, III the year one thousand eight hundred
ana seventy, and that the fourth section of said
act shsu o. and the same is hereby so amended as
mat the subscribers to the said company. their
and assigns, shall be and are hereby ere
New Orleans Canal and Banking Companv and
snaI 80 continue until the thirty first day of De.
ee9Der, IN the year one thousand eight hundred
anu nine y-nve, and by that name shall be able to
cohtract, Duy, receive and possess all kinds of
property, lmmovable and movable, and to loan.
s, on sen, grant and dispose of the same to
sue ana De sued, to have a common seal and to
sss!aOnsh such bylaws as may be convenient, not
being contrary to this act to the constitution or
lays OF tne United States or of this State
SIC. 2. Be it further enacted, etc. That il shall
De lawful for the New Orleans Canal and RanEin"
70 Py resolution Of its Board of Directors
reduce the capital stock of said company to one
Miilon OF dollars provided that such reductien he
secOmnended to the Board at the meeting Of
stockholders to be called according to law. or tv
any special meeting called for the burmese of con-
sidering the expediency of such reduction. ''-
in th;s D. be II further enacted, etc. That nothing
IA ls act contained shall be held or construed to
e1tend or grant to the said Canal and BANKING
COMPANY any other than its banking privileges as
ments, and its rights under existing laws to CHARGE
sight per cent per annum interest or discount On
81 SkC =; BE it further enacted ETC., That the can
lIal stock OF said New Orleans Canal and RANKING
company shall be liable and subject to taxation af
Laws of this State. 'A"e1 'no
(Signed) MORTIMER rApp
(Signed) OSCAR 7 RTIS Sui'"'''e0'
Governor and President of the Senate.
Approved March Is, 1870 Wv ~ A'' w.
(Sgned) H. C. wARMOru
true copy: " 10N-'-'A''
GEORGE e. BovER, Secretary Of State
BY order OF the President aud Directors:
nos ual CHI. JUMONvILLE, Cashier.