New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-07-07
CHARTER.
CHARTER
OF THE
FIRST NATIONAL CHEMICAL WORKS
COMPANY
OF oUIsIANA.
THARTER
UNITED STATES OF AMERICA, STATE OF LOUISIANA, !
City nf Natu
OF UIsIANA A.

City OF New Orleans.
Be IT known that on the eleventh day of June in the
Lord thousand eight hundred and and Of the
udepeudenee of the United States of America nneteh
sn qualified the 1S e Of SSw b qay n
whose ubserbed who declared that avail
ing themselves Of the provisions of statutes Of the State Of
State they have covenanei and agreed 30 by these
ens agree sna o9d and those whom they
rate for the objects and purposes and under the title obga
tons, stipulations and regulations following owit;
FIRST.
This company shah be established and its domo is hereby
hxed in the city q New qran anG ts name aRd title shall
OF LOUISIANA.
The purposes objects Of the Company distatou
of resnou other wood and the sale Of products
deyiee he TSot Of Arms Of he STATE of Lonisana All cta
tons notices. legal shall be served on the President
Of the company
This Company formed shall exist for and during the
full term and space of twen five from THO date hereof
unless dissolved hereinafter provided for During
its existence shall have aud enjoy succession be capable to
and SELL ALLEVIATE, emseor dispose Of the the whole
such rights powers privileges and imnunities granted
by law TO Corporations.
AR1rdE FOURTH
All the corporate powers the Company shall be vested in
and exercised by Board Of Directors composed Of
Ts Monday IN January If eb YEAR at The Sase Of he Com
pany Notice such election shall given by advertisement
city II Sew Orleans he Car aoPps fes
Of me Stockholders inspectors 70 preside at such
fail attend the President shall appoint others in their
Monday next ensuing election and shall at their
first meeting select President from among themselves and
meetne Of the Board and tockhoders he shall
the Board of Directors he hal sign all contracts and other
papers and shall have powC to appoint subject appro
sary The salaries Of the resident Secretary and ali clerks
and employees shall be d by the Board In all elections
lien Ike President shall ue snptSr b e
within three days thereafter give notice by
tsemen in newspapers in city of Orleans
and every share which he ne they shall respectively hold
provided that no individual corporation company shall be
emitted 70 greater numbeot votes than twenty In all cleo
tons votes may be given nperson by proxy and person
shall any share transferred to him within sixty days
Untl the ars election President shall be T jeff Hall
rsop J. T. Latham DE- Uifeb II g. Heart ~ RbT
Jepnay and F. p THOMPSON who shah anteq mon 9 IN
duties of their office Immediately and their Of office
Hnt their successors are elected.
ARTICLE FIFTH
The capital stock OF the Company hereby fixed at the sum
of hundred THOUSAND dollars, divided into sx
hundred shares, OF busand dollars each to be paid
subscribed be deposited with the Secretary of
the Company at the time fubscrbmg and the balance al
Of Directors order proided than per cent
shall be called for Ottener tim within any thirty days
ARrILE
Dividends declare annually or ssmi.aunuay of so
9Sh a6 81 ee PTO Of n9 o Ps deemed adV
any loss losses Whereby the capital stock Of tie
Company shall be essened subsequent division shall be
made until such losses shall been made up
by the profits
No stockholder shan be ePons6le or liable for and
capital stock held or owned him.
article EIGHTH.
When the whole subscribed for shall have
paid in shall ty the President and Of he
Beard Of Directors TO issue cttcaes to the stockholders for
ull paid shares "
article NINTH.
Any stakeholder who shall all neglect to pay any INSTALL
ent when ordered the Bard Directors shall forfeit 10
he company any previous payment made by hin, shall
ease to be stakeholder in sad company.
ARrIcLI TENTH
Books for the registry tansfer Of shares of the capital
took shall be opened and all ansfrs of stock shall made
gent.
ened for that aeT ten days notice n o6e so o
newspapers published New Orleans, shall have the
this act Of Incorporation dissolve with the Of
BIS Of the stock represented such meeng and
addition modification hange or dissolution s6s be
ecorded as requiredby law.
TELFrH.
The liquidation of the affairs the Company shall be made
three Commissioners be ppontsd for that purpose by
ne Board Of Directors All Necessary powers shall be
the period allowed for qidatiou shall be fxed in such
netting convened, determine.
ARTICLE THIRTEENTH
The and respective nttess Of the subscribers to this
u 5aI @ ~ 70 oe Us ~ $50 8,
presence Messrs Selm Manner ames Fahey CONNIE
witnesses residing this cit who their
nes, together with the saidlppeaers, the day, month
nd year first above Srit.en
Ihenamee of Subscribers in ognal aet.
Original sgned) S.dAGNER.
is. FAHEY.
EG. GO1TSCHALB, N P
certify the fregong be arue copy the original Act
Incorporation on file aud OF Icord in my office II
E. G. GOTTSCHALK
New Orleans June II, 1866 Notary Public !
l. thenndersigned herebyer that the foregoing Act
Incorporation has been thdR recorded in nv rurant
,gister, in Book Society No Co. 1872.
: ISL ned) UHAS. E. soNEs
New Orleans, June H. 1866 Deputy Recorder. | :