New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-14
CORPORATIONS.
NOTICE TO THE sTOCkHOLDER

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
suance of a resolution of the Board of Directors
sSP.ea S9 ,S sd u, meeting OF the stock
office Of the said corporation, at the corner of
Camp and Gravis.r 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. H. and be
adjourned from day to day, and resumed and con-
tinued every day successfully Sundays and hol.
days excepted between the same hours. until the
first day of July, 1871 inclusive, to take into con.
sideration and decide:
!. Whether or not they accept the benefits and
provisions of act Ofthe Legislature of Louisiana
approved March l6, 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 milli@n of dollars" and
?: 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 H. -,
AN ACT extending the charter of the New Orleans
canal and Banking Company, and the duration
thoreOi for twenty-five years, and authorizing
the reduction OF its capital stock to one million
Of dollars.
SECTION l. Be it enacted by the Senate and HOUSE.
OF Representatives of the State of Louisiana gen
eral 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 thirty first of
December in the year one thousand eight hundred
and seventy. and that the fourth section of said
to read as follows:
That the subscribers to the said company, their
snt eessors and assigns shall be and hereby
ated corporation, by the name and 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-fve and by that name shall he able to
contract buy. receive and possess all kinds of
property, imiuOvabe and movable, and to loan,
negotiate, sell, grant and dispose of the same to
sue and be sued to have acommon seal and to
establish such bylaws may be convenient mot
being to this act nor TO the constitution or
laws Oh tne United states or OF this State.
SIC. O. Be it further enacted, etc. That it shall
be lawful for the New Orleans Canal and Banking
Company, by resolution of it's Board of Directors
TO reduce the capital stock Of said company to one
million OF dollars provided that such reduction be
s.ocmmended to the Board at the meeting of
any special meeting called for the purpose of con.
sidrrinS the expediency of such reduction
in this act Contained sbaII h S ETC. That nothing
extend or grant to the said Canal and Banking
company any other than its banking privileges, as
contained in the original charter and its amend.
ments, and its rights under existing laws to charge
s 1g per cent per annum interest or discount on
Its loans or discounts
SEC. t. Be it further enacted etc That tho cor
ltal STOCK OF said New Orleans Canal and BANKING
company shall be liable and subject to taxation at
Laws OF this State. N1 WV
(Signed) MORTIMER CARR
tSignedj OSCAR ] bIINN CO.
Lieutenant, Governor and President Of the Senate
Approved March l6, 1870
tSigned) H. c. WARMOrJ
Governor OF the State of Louisiana
true copy: " "'''''''
GEoKGK +. BovER, Secretary Of State.
by oraer Of the President and Directors:
nos tja1 CIT JIINONViJiE c,sh;ar