New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-12-09
ARTICLE FIRST.

/ IN Wv Puilen vi Ollchn Oldl6 vi
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 from 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 carrying on
of d 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 may
be increased at any regular meeting of the
stockholders, called for that purpose and BY
majority of all of the stock of said COM
paDy, to any amount not exceeding two
huudACO nuu uILJ LuOuSa0u QOllaTG. HFO-
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.
ton shall be vested in and exercised by q
Board OF Directors and such officers and
employees as they may. appoint The Board
of Directors shall consist of five members of
the Company who, after the expira.
ton of the term of office of the
present Board, hereinafter named,
shall be elected by ballot on the
second Tuesday of January of each year,
at the Office of said Corporation, of which
election the Board of Directors shall give at
least ten days notice in one of the newspa.
Pers Published in the city of New Orleans,
and the Board of Directors shall appoint
three stockholders to preside as in
spectorss at such election; and
should any of the inspectors decline
or fail to attend the President shall appoint
other persons to fill The vacancies. And anv
failure from any cause whatever to elect
Directors on the day named for that pur.
pose shall not dissolve this Corporation, but |
the Directors then in office, as we'll as the |
President and Secretary, and all other |
officers, shall hold over until their success |
soFs arc elected. In the event of no cleo. |
ton taking place on the date aforesaid, the /
President shall cause another election to be |
held within thirty days thereafter and give |
notice OF the same as aforesaid.
ARTICLE FIFTH.
The Board of Directors thus elected shall |
assume their duties on the Tuesday follow |
Ing their election, ana shall hold their /
Offices until their successors are duly elected.
Those stockholders, receiving majority |
vote OF the stock represented at an election. |
shall be considered and declared duly elect
ed. The Board of Directors shall elect from /
among themselves and fix the UOmpensa
lion OF President, who shall be the general
manager and business agent of the Corpora
ton. The Board Of Directors shall have
lnll authority to fill all vacacies in their
number from among the stockholders of the
Company. Aud the said Board is hereby
invested with fall power to frame and
adopt such bylaws, rules and regulations
as they may deem requisite and necessary
Tor the company and the transaction of its
business; provided, the same do not conflict
with this act of incorporation or the laws |
Of this State. The said Board shall have
power, and are hereby authorized, to buy
real estate for the use and purposes of the
to sell the same, TO make CON
tracts, leases, mortgages and compromises,
and to borrow money, and to do all and sim
sular such acts as may be necessary to carry
IN the business and further the objects Of
his company.
ARTICLE sixth.
In all elections the vote shall be by ballot,
and each and everySsiockholder shall be en-
titled TO vote, either in person or by proxy,
or each and 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
within ten days prior to such election.
ARTICLE SEVENTH.
No stockholder shall be held responsible
or the contracts, acts, faults, debts or obli-
,ations of the said Company beyond the
mount of their unpaid capital stock, and
10 mere intormality in organizing shall
lave the effect of rendering this Charter
luil, or OF exposing the stockholders to
my liability beyond the extent of, their
took.
ARTICLE EIGHTH.
The following named persons: A. L. Lee,
Ohm M. G. Parker, Michael Hahn, Jacob
hawkins, Thomas g. Tracy, shall be and
hey are hereby constituted the first Board I
II Directors, aud they shall hold their office | /,
ntll the first election under this charter, or
.ntil their successors are duly elected and
hall have taken their seats. Fl
This board shall assume control on and :
ffer the first Monday in January next. 1t | :
eing understood and agreed that the pres
mt management of New Orleans RRpUB-
ICAN shall continue until thar time. q nd fha |