Natchitoches union. [volume] ([Natchitoches, La.]) 1859-1864, 1862-08-07

4 tDHVuHV, 0tH StUte6 ttby 4fs~ -SftcAftc sA''h
at the SAT- Works on the lake Btsteneau
TO MIR. IL. Thomassy.
| Stockholders are invited to send him, as
quick as possible all the labourres promised
by them.
STATE OF LOUISIANA.
CITY OF NEW ORLEANS.
| DE it known that on this thirty-frst day OF
I'D March, in the year of our Lord one
thousand eight hundred and sixty-two, before
| me, Theodore Guyol, q notary public, duly
commissioned and sworn for the Parish of
Orleans, State of Louisiana, and inthe pre-
sence Of the witnesses hereinafter named and
undersigned.
Personally came and appeared the parties
whose names are hereunto subscribed, who
declared that availing them elves of the pro
visions of an act passed by the Legislature
Of the State of Louisiana entitled can act
for the organization Of Corporations for
Works Of Public Improvement and Utility
approved March 18th 1855, they have CO
yenanted agreed and bind themselves and those
whom they represent, to form themselves into
and constitute Corporation for the object
aud purposes, and under the stipulations and
regulations following to-wit
FIRST.
The name and title Of the Corporation
shall llsbe Tie LOUISIANA SALT MANuFACTUR1Ea
CoMpANY, by which name and title it shall
be known. It shall exist for period OF
twenty five years. It's domicile shall be IN the
city of New Orleans, aud the President Of
the Board Of Directors shall be the person
upon whom all citations of whatever kind OR
nature shall be scwed
SECOND.
The business of the Corporation shall be
the manufacture Of Salt, conducted either by
artificial or atmospheric evaporation in one
or more places in the State of louisiana. One
of its purposes shall be to carry on the same
manufacture, under the provisions of an act
passed by the Gneneral Assembly of the
State of Louisiapa under date Of the tventy
third day of january, eighteen hundred and
siyty-two, and granting TO Professor r.
Homassy d,.czclusire right to use certain Sah
Springs and Saline acdters discovered or made
1va,iable byh1m tor the period Of taoenay fir
Iears and to more effectually secure its
own interest, the Company shall have the
right Of purchasing any private lanas having
]aline waters or useful to the Salt enterprise.
THIRD.
The capital stock Of Corporation shall b.
evenly five thousand collars 1916, ,D0Oj dvid-
d into seven hundred and fifty shares Of one
lundred dollars each and it may hereafter
&c increased by vote Of three-fourths Of tho
tockholders to an amount not exceeding two
undred and fifty thousand dollars,
FOURTH.
The bu siness and affairs of the COMPANY
hall be managed by Board of Directors Of
tockholders Que Of whom shall be the Pre-
dent
The said Raymond Thomassy being the
,under 6f the corporation shall be sole su-
Of the Salt manufacture, aud also
lall be permanently one Of the five Direc
'rs. The other Directors every year, ou tho
rst Monday of March, and in ~ general mee-
ng Of the stockholders shall be elected by
'e majority Of the votes, each share re-
'esenting Il vote. A failure TO elect Direc.
re shall not cause a dissolution of the cor.
,ration, but the old Board shall continue 70
erclse its functions until new one shall
I'VE been elected, and it shall have also the
'wer to fill the vacancies in case of death
inability of any of its members. Three
embers Of the Board shall form oou'
IN,
FIFTH.
The following stockholders, viz: John !
dams, President Stanlas Plassan, Carl
ohm, Fergus Pension and Raymond
lomassy, are hereby declared to constitute
, actual Board Of Directors until the eloc-
n of the first Monday Of March, eighteen
ndred and sixty-three.
SIXTH.
The management of the financial bll5incss
the company shall be vested exclusively
the President and Board Of Director,
o shall appoint all the accountable officers.
C President shall keep, or cause to h.
ot, proper books Of account, setting forth
the transactions and affairs Of the corpor-
on 4 report on its situation shall be
dc by him every year at, the general
citing Of the Stockholders, at which time
idends of the profits, if any there be, shall
declared
strENTH.
The SAID Raymond 1homassy, as sole gu
intcndcnt Of the salt works, will purchase
erect or cause ia he erected all nncns.a-