New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-06-15
CHARTER
.CHARTEE
OF TBE-
FIRST NATIONAL CHEMICAL WORKS
COMPANY
OF LOUISIANA.
U:iI-ED STATES or AuzH1r.. STATE OF LOUISIANA,
E.fY Of -avy t,rlaapy

u''EzED STATES OF AnEElcs SITE or LOUISIANA,
known that on the eleventh DAY of June in the wear of
Lord thousand eight hundred and sxtyx the
inde endeee of the United States of Auerics the nneeh
before me Edward g Gochalk notary public duly
msoned and guai fed in and orthe city Of New Orleans
whose herento subscribed de Jared that avail
ing themselves Of the provisions Of the of the State
State they have agreed do by these
ents covenant and BIND themselves and they
represe y 70 oL and establish corporation OF body e9po
tons stipulatons and regulations following, to-wit:
FIRST.
This company shall be established doic is hereby
tie FIRST NATIONAL caEaICAI WoRks vi 0oMPANY
ARTICLE SECOND
The purposes and objects of the Company are the
of renous other wood sale Of the products
ing The Company shall hagea corporate has
device the Goat Of Arms Of the State of Louans
tons notices or legal process shall be served the President
of the Company
ARTICLE THIRD
This Company is formed and shall and during the
full term and Of twenty five years date hereof
unless dissolved hereinafter provided During
contract to and be sued purchase receive POSSESS
and to SELL ALLEVIATE or dispose Of the same the whole
under its Corporate name and shall possess exercise
by law to Corporations
All the corporate powers the Company shall be vested in
and exercised by Board Of Directors composed Of seven
Tst Monday January each year at the ose Of tie Com
pany Notice of such election shall be BY
o New Si s haR D aDRsn t e
Elections d + any St said at sss s
or fail 70 attend the President shall appoint others in their
frat Monday next ensuing their election and shall their
b eeoa ssrearv @ Prom s9ng and
metnp Of the Board and stockholders conduct the
e AZ s aD
I Il 6e Boa nch gs 0 subject 70 s s
say Ihe salaries Of The President Secretary and a clerks
those receiving plurality Of shall be deemed dull
en e reSeS NC take %
within three days thereafter and notice thereof
Each and every shall be entitled 70
every share which he she or they sba respectively hOlt
tiled to greater number OF twenty In all
shall vote any share transferred to him within sixty day
elton President shall be T. jeff Hall
the Secretary VIM Pqrvis The soard of Directors shal
rison, j. n Latham, Tr W B. Uirich f. G. Heart Joh1
duties of their office Immediately their term Of ofc
shall continue until the second Monday of January, 1867
AE1-JIE r1g7E.
The capital stoef Of the Company hereby fixed at the
hundred shares, OF thousand doa-s each to be pat
tor in the manner following, viz Fifteen per of tn
the Company At the time of subscribing and the balance
ob n ss ana IN gSn n az the Boar
shall be called for oftener than once within thirty days
SIXTH.
Dividends shall be declared annually or senannuav of 81
nqcn OF the profits OF the Company as may be deemeu adys
able and determined upon by the Board of Directors but
case OF any loss LOSSES whereby the capital stock tn
G'mpany shall be iessened subsequent division shall
made until such losses shall have been covered
by the profits
ARTICLE SEVENTH.
NJ.,4a,Llo1 s., ~ -, T. H.. - ,..,, --.-.
s Se G OF a3e igr osses an
oaP'Ai s'oeA heu Vi ""iieu Wy iil'n'
ARTICLE EIGHTH.
When the whole stock subscribed for shall
been paid in it shall be the duty of the President and Of III
full paid shares N'-'ie'-' ~
ARTICLE NINTH
Any stocL,oldor WIN shall FIJI, = noc,ao+ IN ~ w -. y
tS % Tar nv p ar5 .er 70 ply any lnaIa
the con,pspv anV nreSions nspmtert mad ~ Sa .oe