New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-24

Now Orleans Canal and Bank ing Company.

Now Orleans Canal and Banking Company.
Tho stockholders of the New Orleans Cana, and
Banking Company are hereby notified that, in pu1-
adopted November 2 1870. meeting of tho stock
holders Of the said corporation Will BIS he4fat the
Office Of tho said corporation. ut tbe corner Of
Comp and Gravier Streets in tie First District Of
the city of New Orleans, in the State Of Louisiana
on the twenty,sixth Of December, 1870, between
adjourned from day TO day, aud resumed and con-
tinued every day succeesfvely eundays and holi
days excepted between the same hours, until the
first day Of July, 1871 inclusive, to take into
ederatiou aud decide:
l. Whether or not they accept the benefits aud
approved March il. is,o entitled "An a sct extend
ing the charter Of the New Orleans CsrA and
Banking Company, and the duration thereof for
Of it's capital stock 70 QUE milisn q dollars" and
2. Whether or not the said capital stock shaN be
reduced to one million Of dollars
The act above referred 70 is IN the following
words aud figures. VIZ:
Canal and Banking Company, and the duration
thoreoI for twenty five years, and authorizing
tbs reduction Of its'cap.ta. stock to one million
sser S !. BE 1t eh(lea sy the sen.te and House
Of Representatives Of the State Of Louisiana in gen.
New Orleans Cana and BsnIins COMPANY a. en-,
acted by the act entitled IAN to incorporate the
subscribers to tho New Orleans Canal aud Banking
sSs3i. b. and the came hereby i extended for tie
term Of twenty vc years. from the thirty first Of
December, in the year ons thousand eight hundred
and seventy, and that the fourth eecticn Of aaid
act shall be- and tbs sans IL hereby 30 amended a.
to read as follows:
That the subscribers to tbs said company, their
sutcsssors and assigns, shall be and are hereoy
ated a corporation, by the name and style Of the
New ORLEANS Canal and Banking Company. and
shall 20 continue until the thirty -Srst day Of De.
cembcr. in the year one thousand eight hundred
and ninety ave. and by that name shal be able 10
contract, buy, receive and possess sAl kinds Of
property, immovsbse and movable, ard to loan,
negotiate, sell. grant and dispose Of the same, to
sus and be sued, to have q common seal and to
establish such BY laws AZ may be convenient not
laws Of the United states o. Of this state.
SEC 2 Be it further enacted, etc, That It shall
be lawful for the New Orleans Canal and Banking
to reduce the capital stock Of said company TO one
million Of doll.rs provided that such reduction BE-
recommended to the Board at the meeting OF
any special meeting called for the purpose of con.
sidering the expediency Of such reduction
SIC ;. Be it further enacted, etc. That nothing
extend or grant to the said Canal and Banking
Company any other than IT'S banking privileges, a.
contained In the original chsrter and its amend
eight per cent per annum interest or discount on
it's loans or discounts.
SEQ l. Be it further enacted, etc, That the cap
Company shall beiable aud subject to taxation ct
theeame rate 80 other personal property under tbs
laws Of this State.
(siened) MORTIMER CARR,
speaker Of the House Of representatives
(S4gned} OSCAR J. DUNN,
Lieutenant Governor and President Of the Senate.
fbigned) H. c. wARMOrH,
Governor Of tho State Of Louisiana.
GnoKox r. Bcvxn, Secretary Of State.
By order OF the President and Directors:
nos 1al CHI. JUhOEvILLE. Cashier.