New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1867-05-19
AN ACT to incorporate the Metropolitan MiniLl
And Manmt ctur -IIg lnLnnamy.

] Approved Uu y - lcOb.
! AN ACT to incorporate the Metropoliran Mining
and Manufacturing Company.
BE it enacted by the Senate and House Of Repre-
sentativ,s Of the u ied State Of Amer ia Cyn
! gress assembled, That John FORD, GeorEe ID WI
/ ilans, Thomas w. Hyde, Oliver Edwl rds Charles H.
! teri, Samuel A. Fulton, Charles Uti- Charles a
Eceston, George ". Holmes, Joseph f. Hollis. John
| +. Broauhead, and Lewis p. Moody, or Euy i've OF
them, be- and they are hereby, Authorized and en-
powered to receive subscriptions o. he capita s. OK
Of corporation to be demon mated the Metropolitan
Mining and Mauutacturin COM any of the District
OF Columbia, who shall open BOOK Tor that purpose
be By them designated Of which they snai give tive
days notice two more of the daily papers OF
sad city, and shall keep he same open un n twenty
thousand shares OF one ndred dollars share each
sha! have been subscrb d. and any person OF lawful
age ana eitifen OF the United states shaI be p {
mitted to subscl be upon pa ing hve dollars on each
; are at the time Of subscribing. And 1t shall be
seat sue and be sued. plead and be iinp.eaded, and
haYt ana exercise all the rights pr.NIl Ees, am IN
munities Tor the purpose OF the rporauon hereby
crr aied
sac. . And be it further enacted That the af
lars ot the cempany shall be maLaged by nite d
Monday OF July by the stock Glders by their legal,
empowered agents; amt each share OF stoc. snail
EMIT the holder thereof vote, tire elt Cti To
latin Of t II. s SI lders Sohv,ne ior th u
pose by ten days publc notice IN Two Or ere Of ME
| That the nrst election Tor directors hail b. held
pursuant to five days notice ven one on more 81
parsons named the section Of TIM any
tiye Of them, who shall d sigma &c the time when ana
stockholders small then and here gc' rige director.
~ serve until the next ensuing election and unit
provided tor in tlIs act AMI az tie mrs. ensuing
meg Ing Of the directors after every election they
shall hold office until the eieet on and QuaHfcat on
Of hla sue essor: and Ive member OF sa board sha
compose quorum. A d IN case that es Oh for
directors sh ud not be made when pursuant to thus
at y should Lays leen ma e ne Somp4ny 49, lla{
within forty days thereafter to hu and make
ele ton for di ectors in such manner tine by laws
OF he be, and president
directors for tee time being shall be continued in
ofic until ~ election Ia e lace And IN the event
Of the death, resignation or removal OF any director
from Office his pace Tor tn remainder OF hls term
may be filled BY the president and rectrrs for the
time being, IN such manner as tue bylaws may pre-
SEC 3 And b. 1t furtn'r enacted, That the prtsi-
den and directors shall have power to appoint a
secretary and sue other officers agents ana clerks
a may to them appear proper, hN their comrensa-
SEC A86 be i further era.ted, That lhe capital
stock shalt be He'd in PAID in suca inst rynys
and prop rtians. and at such tine and place as be
president and directors. Tor me TIM being may r.
scriber their assignee TRANSIT shall refuse or
neglect tgpay sach proportion or lnstaiment at the
scr5ber, trul-eret Guee sha J. at tlp op son Of
the President and dire tor tcret 20 tht use Of -
company al II $ h'r or Iht L Ii-lt, tllr an1 inter
est in and 90 every share when such If- alweii
has 70 o5en GUY pa'd eng tis7h h,s .jlgns II,
be opened Tor lLe "a snare m eNtA manner as the
~ law may prescribe, urtls president and GIrec ur
! mert THAI may De due unln1, ami recover
against the holder OF I'd stock for ti- amount OF
the same: Prov dea, That no stackAoiuer r sur
ser ia II be permitted 20 vote AT any ecii on r
direct az any general or specHl meeting ~ tie
rrgraE-s may be due more than hileen 0ays previous
| thereto.
dent and directors Tor the time belhE HuaA nave
power 10 0rdiu. establish ami put in execution -ugl
NAV deem essential for the wei government i5f tie
ms SUTTON. contrary to the laws AMI Cousntu-
act and genera ~ To- Do and perform all acts mat
tors and things waich corporation may or can Il"