Sugar planter. [volume] (West Baton Rouge [i.e. Port Allen, West Baton Rouge Parish, La.]) 1856-1925, 1858-05-08

sonaEIyean5e ard appeared: t.Ee refso|&Jlsre
/ matter aansaa z nd tsEtde fsigaed. who z~esefa5.
declare that she. II By these ft=e4e1ts FORA
! themselves into d Corporation. under aQtEori
r. 81 an actSef ting Legislature Gl this State
emitted !. AN aeS Iar the organization 81 cc-
poratiers for works oI public improvement
and utility" INC. 1911 Arrro@ed Marc:
l4sh. 1855. 70 which end sheF MAKE aaz
agree to The following
ARTICLES CT ASSOCIATION
Arr. f. Tf.e ccrporatad name Of s1e As,
ISOLATION to BE- the ~LOUisIAhA SuGAh
! HART,H ani to have its donslejIe in tb<
| city of New Orleans
ssr. The object Of tie association i:
directed especially TO the lease Or purchase
| ri "a lot Of ground, III the erection Thereon
of suitable sheds, or *zre@acrses and plat
forus, railways. Waaryes. buildings. ard cof-
,trssctiarss foF The Convenient storing and sale
OF sugar aud ntafasscs- #~
AIT. ;. The Capital Sack Of the said
corporation sha5E consist ct five thoasar@s
shares. ot fifty dollars Zach. But this eorro-
ra:ion shall 60 into operation when sagsa
thousand saaE=s shall have b-ea suaserthe6,
ART +. The Genital Suck s:a3i b. paid
nperi The call CT denlata o. the Beard u u5-
~seetGrs; but s1ut nsoTe tEan twenty per cent,
shall BE- called in a any one time, nor within
aHT one period Ct sixty days
SAT-. >. The business Of said corporation,
>taal! be managed 81 Board. consisting CT
SIX Directors. who shall BE- ockts<,ItEers utc
>hasi elect ore sf their owa LodY as Presi-
esefzt. mhe stall Herl+a sltea Compensation
lpr his services as tie Board Hsae deem prop
CT, Eo1 exceeding he sum 81 org Thousand
dollars. And said PRESIDENT and Directors.
~i:aEI t I'D tt9e5r cfIee until 1le,s Successors
shall have been elected. AMI hare entered
upon their official duties.
Aar. &, At all eieetsa,7=< each share Il
stock snail entftle Tie ewE1eT thereof 10 oze
vose. AID he may vote hT pFoxr, 5H. szu
lock shall be voted on unless ouasd in goo6
at least sixty days proceeding t1a tsua-
II lie election
ART. :. When three thousand shares OF
the Capital Sfock shall Ia ye beeu sa5scr;5ed.
Ar ~eEectlen shall be held by 5. @. Nielsen, n j
o. Il. Morton, J y. DeHegre, ]. T. Baa,uf
Mcknight, Of any three Of tbem win
shall act az commissioners for that DEF E5cs@. !
aud who shall give swenty days notice il oar |
n nofe o5 the city paTets Of szIl election |
hc!dt;sg it. al subsequent elections !
shalt De held by three commissioners, fwt.c !:
.saSl be Stockholders, but moi DrectuTs.1 t. |
he appointed ~ the Directors, ard shall he |
held Oh zAe Third Monday ri January il !
eafF1 and every year: At sshieh election 4 ma
2flss Of the subscribed stock tI2SE he repre- /
ed 10 elect, BUSH a majority Of the sub |
ser ped stock should rot be represented, thess |
md in that case. another s:1aII be- held en- the |
following, ct which any number g: !
Represented shall constitute an e!ec-
ion. /
ARTS In the event, from any cause. The /
should not &c held al The time here
nbetorr provided. tae:s, and IN that case. il |
nay oe held al arg subsequent tine. aftss
thirty days rutiic notice III enc o.
mere Of the newspapers published II the city
4 New Orleans.
ART. Q. 4 meeting Of the stockholders
hall be held annually. On the Saturday pre-
the thisd Mons4ey Of January, al
which c7eetins It shall be she duty u the
reSldettailz Secretary 10 make q full ard
os4ntete statements 81 the affairs o. the cor
under oath
AaT. 10. ItsbaiI be the duty Of the Presi-
eHs to call a meeting OF the Stockholders at
ny time, upon the written regts&s5tiors uE aav
usnher Of stockholders owsslng,, CT repfe-
sntiag by praxy. not less than ore-tlfta Of !
he subscribed Capital Stock Of ta5s ~eorpor-
s'ozss ard The President and >ecTetssg. il
'fniTed So to do. shall make q report ii flse
ate Of the affairs Of the corporation unIer|.
stA, tc su h meeting.
AtT.Ij The Directors she'll elect sac-
'taFy, who shall aeeo act as Treasurer. whc
iai| give: BONO with approved security iut
e sa.thlul performance Of his duties: and
'alI IeceiFe such compensation for his SER
Ices as the Beard may from time to time
and nay BE- removed at their pleasure
hey snail also appoint other officers. and
np.oy such ether Iaborers as ilou ti.sae to
ne: they may think proper, uad remove
.efn at their pleasure. ~~@.
ART.-I2- Dividends shall be made on the
st Monday OF September, in each and every
from the nett profits realized from the
's1ness Of the preceding year. :
ART: Is. Any tive Directors. together
18th the President, shall fern d quorum for &
e transaction Of business, aud in case Of the ]
sence ofthe President, the Directors, being
t less than three present, shall appoint one i
their number President pro lem. +
ART. II. The said corporation shall have x
e right to make and use a coenincn seal, 10 y
and be sued to purchase, hold, lease. and a
nVey real Or personal estate. anaail eta 4
ms epon the President shall be good and
lid against the corporation.
ART. IS, The shares in his corporation n
III be regarded as personal esta {, and shall
transierahle=on on It book kept for that & I
rpose by the said corporation. which shall =. :,
be and remain tnttse possession st the u.
and BY the surrender Of the carti- =
lite Of stock and no stakeholder shall ~bs
iged TO pay, Or be responsible heront, the -
cunt Of his subscription, He shall be cr
lged to pay up the amount of his whole ~
'seriptIon at such time aud in such a man 90
as the President and Directors may order. -
hereinhetore provided and II any stock Of
der shall thus Tail TO pay, for thirty DAYS qu
'r demand, they may forfeit his stock, and u
II ana,n for tie benehs ri fhs $50 - Hg