New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-07-18

or THE
FIRST NATIONAL CHEMICAL WORKS
COMPANY
OF L UISI A VA
Usr7pD STATES OF AMERICA, STATE OF 1ouIsrAvl


Belt the eleventh Of June, the year of
iDdeDeadeoce the States Of America the nneeh
nd n sa oT qR
the Parish of Orleans personally and appeared the parties
ing themselves Of the provisions of the of the State
Loaape relative the organization Of corporations in this
ens covenant agree and bind themselves and those whom they
rate objects and PURPOSES and under the title obgs
TONS stpuations and regulations following, to-wit:
ARTICLE FIRST.
This company shall be established and domicf is hereby
fixed in the city OF Orleans and
the FIRST NATIONAL CoE hICAL WORKS COMPANY
ARTICLE
The and objects of the Company the saon
G ttS,9s u U T %UO ne @ sac @t tne pr4daetS s
ing for an Inscription the name Of the Corporation and for
tons notices legal process shall be served the President
OF tue company , .
This Company is formed and shall exist for and during the
full term and space of twenty-five years the hereof
unless sooner dissolved as hereinafter provided for During
its it snail have and enjoy gcSesson be capable to
10 e @ Ne sued 70 purchase receive, possess and
hold moEeabe and mmQveabe real and personal property
under It's Corporate name and shall exercise all
such rights powers privileges and immunites granted
by law to Corporations
ARTICLE, FouETH.
an the corporate poTer Of the Company shall be vested
including the President to be elected by ballot
pay Notice such election ia be given by
v IF N eaB ne The abe r the
OF the stockholders inspectors to preside at such
or attend the President shall appoint ot6eSs in aes he
stead The Board thus elected shall take their seats the
first Monday next ensuing their election and shall their
first meeting select President from among themselves and
Of the Board and sockhoders shall conduct the
business Of the Company generally under the supervision of
papers and shall have to appoint subject appro
sary The salaries Of the President Secretar and ali Clerks
aud employees shall be fixed by the Board In all elections
those receiving plurality of shall be deemed duly
elected and should election take place day appointed
within three days thereafter give notice thereof by ad9e
sement in one or more newspapers in thecy of New Orleans
every share which be- She they shall respectively hold
entitled greater number OF Tran twenty In ali cleo
tons votes may be given by proxy person
shall vote on any share transferred to him within sixty days
Unt the hrst election, the President shall be t jeff Hall
be composed of the following named subscribers NJ
snny and E s. P homPson who shall entes upon the
duties of their office Immediately and their office
shall continue until the SECOND Monday Of January 1867
until their successors are elected
| ARTICLE FIFTH.
The capital stock Of the Company is hereby fixed the
Of SIX hundred thousand dollars, divided into six
amount m o b nos;tsd sGh Pe s fsn 81 me
the Company at the time of subscribing and the balance
such times and in such nsaments the Board
shall be called for otener than within any thirty days
/ ARTICLE SIXTH
Dividends shall be declared annually semiaunuay
much OF the profits OF the Company deemed adys
able and determined upon by the board Of Directors but ID
Company shall be essened subsequent division shall b
made until such losses shall have been covered
ARTICLE SEVENTH.
No sockholder shall be responsible liable for osses ant
damages incurred by said company beyond the amount
capital stock held OR owned by him.
i EIGHTH
When the whole stock subscribed for shall hav
been paid in it shall be the duty of President and Of tn
Board Of Directors to issue tfcaes the stockholders fol
ull paid shares.
Any Tbs oP9as TSG b Ra Bds + to
the companv any nreTIoTs nsyment mad 10 oels y
cease to be a stakeholder in said company
TENTH. ~.
Books for the registry and transfer of shares the capa
shall be opened and all transfers of shall be mad
the said boeks and signed by the party transferring
E ARTICLE ELEVENTH.
The stockholders of the company at general meeting con
more newspapers published in New Orleans s6a have tn
power to make any notifications additions or change
of the stock represented at such meeting
al such addition m9i2eon change or dissolution shat
1 ARTICLE TWELFTH.
The liquidation Of the affairs Of the Company shall mad
DsT p p6% r tnaf h e
erred on them Their term Of Off and compensation
~ tne PERIOD allowed for liquidation, shall be fixed
manner Us ne stogkhoders may by resolution in geners
ARTICLE THIRTEENTH
The names and respective interests OF the bscrbers hi
sGT ana SAID stok are hereby declared as liz " $50 vii
Meg Ssm a. Sr ff S of$3s sS s9ts
e this CITY who hereunto subscribe the
and year first above written - "a ' u'st 'NVN
= Ihenames Of subSoribers in original act.
-l JAS. FAHEY. s
Ieertify the foregoing be rue copy Of the oriy.
OF Incorporation on e and OF record ny office a
l. ~" N't0Au'' . uue ~ 1900 Notary Public
n the UNDERLINED DO hereby certify that the foregoing
). register, in Book Society No 8, Il. l62
q New Ollea1s, June H. 1866 DEPUTY RsS6r5s,