New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-11-21

Parish Or Ofleahs ssslalaesgis rgpa1ssss-ssss1zg
City OF New Orleans.
) Belt known that on this seventeenth day
of November, A. D.eighteen hundred and
sixty-eight, before me, Henry G. Dibble, q
Notary Public, duly commissioned and
sworn IN and for the parish of Orleans and
city of New Orleans, personally came and
apes AIRED the several parties whose names
are hereunto subscribed, who declared that
awaiting themselves OF the provisions OF the
laws of the State of Louisiana In relation to
the organization of corporations they have
covenanted and agreed and by these pres
ents do covenant and agree, and bind them
selves and those whom they represent, to
establish an Incorporated Company for the
objects and purposes and under the obliga.
tions, stipulations and regulations herein
after set forth, to wit:
ARTICLE FIRST.
This corporation shall be domiciIed and
have its principal office in the city OF New
Orleans, in the parish of 0rlean State OF
Louisiana, and the name and title of the
same shall be THE New ORLEANS REPUBLI.
CAN PRINTING COMPANY Said corporation
shall have and enjoy corporate powers and
privileges for the full term of twenty-five
years !-oE, the date hereof and the same
shall commence business as soon as the sum
of one hundred thousand dollars shall have
been subscribed to its capital stock. The
President of said Corporation shall be the
proper officer upon whom to serve citation
and all ether notices in case of any suit or
suits for or against said corporation.
ARTICLE SECOND.
The objects and purposes of this Corpora
ton are declared to be the printing and pub.
fishing OF newspapers and the carving on
of general book and job printing business
in the State of Louisiana and all things
properly appertaining thereto.
ARTICLE THIRD.
The capital stock of this corporation is
hereby fixed at one hundred and ten thou
sand dollars, divided into eleven hundred
shares of one hundred dollars each, to be
paid at the time of subscription, and which
capital stock once subscribed and paid NAV
be increased at any regular meeting of the
stockholders, called for that purpose, and BY
a majority of all of the stock of said COM
pany, to any amount not exceeding two
hundred and fifty thousand dollars: Pro-
vided, That each and every stakeholder
shall have at least thirty days notice of such
Intention either in person or by notice Of the
same published for said time in any of the
newspapers published in the city of New
Orleans.
ARTICLE FOURTH.
All the corporate powers of the Corpora
ion shall be vested in and exercised by a
Board of Directors and such officers and
employees as they may appoint. The Board
II Directors shall consist of five members of
he Company who, after the expira.
ion of the term of office of the
present Board, hereinafter named,
hall be elected by ballot on the
econd Tuesday of January of each year, 4
It the office of said Corporation, of which
election the Board of Directors shall give at
east ten days notice in one of the newspa.
,ers published in the city of New Orleans,
md the Board of Directors shall appoint
hree stockholders to preside as in
pectors at such election; and
hould any of the inspectors decline
n fail to attend the President shall appoint
ther persons tc fill the vacancies. And any
allure from any cause whatever to elect
Directors on the day named for that pur.
ose shall not dissolve this Corporation, but
he Directors then in office, as well as the
resident and Secretary, and all other
Ulcers, shall hold over until their success.
ors are elected. II the event of no cleo
ion taking place on the date aforesaid, the |
resident shall cause another election to be |
ED within thirty days thereafter and give |
office OF the same as aforesaid.
ARTICLE FIFTH.
The Board of Directors thus elected shall |
ssume their duties on the Tuesday follow
- tANbA NlSStAullf anu oudll nOlu Lue1r
fices until their successors are duly elected. |
hose stockholders, receiving a majority
'ote of the stock represented at an election,
hall be considered and declared duly elect |
d. The Board of Directors shall elect from |
monS themselves aud fix the compensa
ion of President, who shall be the general |
manager and business agent of the Corpora. |
ion. The Board of Directors shall have |
Ill authority to fill all vacacies in their |
lumber from among the stockholders of the |
ompany. Aud the said Board is hereby 1
vested with full power to frame and |
dept such bylaws, rules and regulations /
8 they may deem requisite and necessary |
1r the company and the transaction of its /
usiness; provided, the same do not conflict |
nth this act of incorporation or the laws
t this State. The said Board shall have /
over, and are hereby authorized, to buy |
cal estate for the use and purposes of the |
ompany, to sell the same, to make con- |
-acts, leases, mortgages and compromises, |
nd to borrow money, and to do all and sin. |
ular such acts as may be necessary to carry |
n the business and further the objects of |
MS company.
ARTICLE SIXTH.
In all elections the vote shall be by ballot, |
nd each and every stockholder shall be en- |
tiled to vote, either in person or by proxy,
Or each ana every share which he, she or
hey, respectively, may hold, and no person
r persons shall be entitled to vote on any
hare or shares transferred to him or them
Tithin ten days prior to such election.
ARTICLE. SEVENTH.
No stakeholder shall be held responsible |
,r the contracts, acts, faults, debts or obli-
atoms of the said Company beyond the
mount of their unpaid capital stock, and
o mere informality in organizing shall
ave the effect of rendering this Charter
ull, or of exposing the stockholders to
ny liability beyond the extent of their
.ock.
ARTICLE EIGHTH. r-Fr
The following named persons: A. L. Lee,
ohm M. g. Parker, Michael Hahn, Jacob
Iawkins, Thomas G. Tracy. shall be and
hey are hereby constituted the first Board
+ Directors, and they shall hold their office
ntil tie first election under this charter or
ntil their successors are duly elected and
hall have taken their seats.
This board shall assume control on and
fter the first Monday in January next, it
eing understood and agreed that the pres
Mt management of New Orleans REPUB-
IcAN shall continue until that time; and the
aid Directors are hereby invested with all
ne rights, powers and privileges appertain.
lg to their office. I'm -
ARTICLE NINTH.
This Act of Incorporation may be modified,
TERED or amended, and additions made to
ne same, or the said Company dissolved at
general meeting to be convened for the |
urpose, after thirty days notice in one of
he newspapers published in the city of New
rleans, with the assent of three fourths of
Il of the Stock Of said Company.
ARTICLE TENTH. tN