New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-05-16
CHARTER,
QUARTER

STATE OF LOUISIANA CITY OF NEW ORLEANS.
Be it known that this fifth day of April, in the
year one thousand eight hundred and seventy one,
before me, Onward Barnett, notary public in and
for the parish and city of New Orleans, State OF
Louisiana aforesaid, duly commissioned and sworn,
personally came aud appeared Edwin IL. Summers,
Esq, President of the Crescent City Bank, a
poration established in this city, under the laws
of this State herein acting in his aforesaid ca
paclty under and by virtue of aresolutiOn adopted
by the Board of Directors of said bank at their
sitting of the twenty ninth of March last, 1871,
certified copy of which is hereto annexed for refer
ence, who de- Jared that in order carry into
effect the resolutions adopted at a general meeting
of the stockholders of said institution held ON the
twenty-fifth day of March, 1871 pursuant to a call
made by the said Board OF Directors after the time
and notices required by law, as will appear by re-
ference to the annexed certified copy OF the pro
ceedings of said Board of Directors, and to the
original process verbal of said general meeting OF
stockholders representing and owning in the aggre
gate eight thousand one hundred and ninety -eight
shares of the capital stock of said bank and there
fore than two-thiTds required by law, he the
said appearer acting in his aforesaid capacity does
by these presents on behalf of the stockholders of
the said Crescent City Bank declare, proclaim and
| publish the following changes and amendments to
! the charter of said Crescent city Bank, which
| have been unanimously adopted at the said orig
| inal meeting of stockholders of said bank, to be
| hencetorth binding and obligatory upon the stock
! holders of said institution and all others whom the
same shall may concern and that the articles Of
! association and charter of said bank DO and are
| accordingly amended as follows, Wis
| Frst-Every five shares of the present stock Of
the said bank shall be converted into one share OF
| one hundred dollars.
Second-This series of stock converted shall
be entitled TO any surplus realized from the assets
| of the bank as they now stand, over and above
twenty dollars per share.
Third-The capital subscribed shall not be less
| than four hundred thousand dollars estimating
| the present stock as above stated.
Fourth-The Board of Directors shall be composed
| of seven members and no more; and every member
| of tho board shall own at least hve Thousand dol
| lars of stock in said bank.
Thus done and passed in my office at the city of
New Orleans aforesaid, on the day, month and year
| first above written and in presence of Messrs.
| Marcel r. Ducros and Joseph W. Jones, competent
witnesses who sign their names with said appearer
| and me notary
| Original signed:
! f.. II. SUMMERS
| VI. T. DUCKos,
| I. W. JONES.
EDWARD BARNETT, Notary Public
certify the foregoing to be true copy of tho
| original act eXtant in my current records.
lii faith whereof grant these presents, under
my signature and the impress of my seal of Office.
at the city OF New Orleans on thisffth day of April
| eighteen hundred and seventy one.
! HOWARD BARNETT, Notary Public.
| NOTlCE-BOoks of subscription are now open at
| the Crescent City Bank for stockholders who may
wish to avail themselves of the privilege of taking
additional stock under the amendment to tho
| charter. CHARLES PAURIE JR.,
| APPS aw4t Cashier