New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-07
CORPORATIONS.
NOTICE 40 THE srOCKHoLDER>
orrHr
New Orleans Canal and Banking Compass,

New Orleans Canal and Banking Company,
The stochholder Of t. New Orleans Canal sad
Banking Company are hereby notified that, in pur.
suance Of resolution Of the Board Of Directors,
holders Of the said corporation will BE- held at the
ONCE Of tie said corporation, at the corner 81
Camp and Gravsr streets: n the FIRST It District q
on the twenty-sixth Of December. 1870 between
nine, O'Clock 4. H. and three O'Clock p. ~, and b
tinued every day successiveiy, sundays and SS
days excepted, between the ssne hours, until the
first day Of july 1871, inclusive, to take into CON
i. Whether or not they accept the benefits and
provisions OF an act Of the Legislature of Louisiana
approved March ls 1872, entitled IAN act extend;
Banking Company, and the duration thereof for
Twenty-Five years: aud authorizing the reduction
2. Whether OF 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:
AN ACT extending the &c Charter of the New orlsso.
Canal and Banking Company, and the duration
thoreot for twenty-five years, and authorizing
the reduction OF its capital stock to one million
SECTION /. Be it enacted by the Senate and House
of Representatives Of the State Of Louisiana in gem
eral assembly convened, That the charter of the
New Orleans Canal and, Banking Company, as en-
subscribers to the New OrieanA Canal and Banking
Company. and for other purposes" approved March
s. 1884, 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
act shall be. and the same 10 hereby 70 amended as
to read rs follows:
That the subscribers to the said company, their
and assigns shall be and are hereby ere
ated corporation, by the name and style of the
New Orleans Canal and Banking Company, and
shall so continue until the thirty-hrst day OF De-
celnber, in the year one thousand eight hundred
and ninety6ve, and by that name shall be able to
contract, buy, receive and possess all kinds OF
negotiate sell, grant and dispose OF the same, to
sue and be sued, to have a common seal, and to
establish such bylaws as may be convenient not
being contrary to this act to the constitution or
laws of the United States or Of this State.
SIC. 2. Be it further enacted, ETC., That 1t shall
be lawful for the New Orleans Canal and Banking
Company, by resolution Of its Board Of Directors,
to reduce the capital stock Of said company to one
million Of dollars, provided that such reduction be
recommended to the Board ut the meeting of
any special meeting called for the purpose of con-
siderfng the expedfency Of such reduction.
SEC. 3. Be it further enacted, ETC.. That nothing
extend grant to the said Canal and Banking
Company any other than it's banking privileges, as
contained in the original charter and lite amend
eight per cent per annum interest or discount on
its loans or discounts.
SEC. l. Be it further enacted, ETC., That the cap
Company shall be liable aud subject TO taxation at
Laws Of this State. ~
speaker Of the House Of RsRressntatives.
Governor and President Of the Senate.
fSisned) H. C. wARMOTH,
Governor of the State of Louisiana.
GKoKax f. Bowie, secretary Of State.
BY order OF the President and Directors:
no8 tja1 Oh. JUMONvILLE. Cashier.