New Orleans Republican., 1868-12-11
CHATTER.

| siAJ ueiOre me, Henry U. DlOOie,
Notary Public, duly commissioned ant
sworn in aud torthe parish of Orleans and
city Of New Orleans, personally came and
appe ared the several parties whose namei
| are hereunto subscribed who declared that
availing 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
establish an Incorporated Company for the
objects and purposes and under the obliga.
| tons, stipulatiOns and regulations herein.
| after set forth, to wit: .-r
ARTICLE FIRST.
This corporation shall be domiciled and
have its principal Office in the city of New
orleans, In the parish of 0rlean State ol
Louisiana, and the name and title of the
same shall be 1.-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 OF
suits for or against said corporation.
ARTICLE SECOND.
The objects and purposes of this Corpora
tion are declared to be the printing and pub
fishing Of newspapers and the carrying 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 may
be increased at any regular meeting of the
stockholders, called for that purpose, and by
msiorityof 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 stockholder
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
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.
tion of the term of office of the
present Board, hereinafter named,
ouull UC 6lCCbcu ny DdllOb Oh Lle
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
spectors 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 any
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 well as the
President and Secretary, and all other
officers, shall hold over until their success
sors are elected. In the event of no cleo
lion 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
ng their election, and shall hold their
offices until their successors are duly elected.
Those stockholders, receiving a 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 compensa
ton OF a President, who shall be the general
manager and business agent of the Corpora.
tion. The Board of Directors shall have
ull authority to fill all vacacies in their
number from among the stockholders of the
company. Aud the said Board is hereby
invested with full power to frame and
ldopt such bylaws, rules and regulations
Is they may deem requisite and necessary
or the company and the transaction of its
business; provided, the same do not conflict
With this act of Incorporation or the laws
n 1,fE GNnRa -
'ower, and are hereby authorized, to buy
eal estate for the use and purposes of the
company, to sell the same, to make con
racts, leases, mortgages and compromises,
md to borrow money, and to do all and sim
,ular such acts as may be necessary to carry
N the business and further the objects OF
his company.
ARTICLE SIXTH.
In all elections the vote shall be by ballot,
md each and every stockholder shall be en-
tiled to vote, either in person or by proxy,
or each ani every share which he, she OF
hey, respectively, may hold, and no person
II 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 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 |
took. .t.
ARTICLE EIGHTH.
The following namea persons: A. L. Lee,
ohm ii. G. Parker, Michael Hahn, Jacob |
iawkins, Thomas g. Tracy, shall be and
hey are hereby constituted the first Board /
I Directors, and they shall hold their office /
ntil the first election under this charter, or
nttl their successors are duly elected and |
hall have taken their seats.
This board shall assume control on and /
tier 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.
ARTICLE NINTH.
This Act OF Incorporation nav 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.
At the expiration of this Charter, or the
OF TINS Company prior thereto, |
ie liquidation Of the Company shall be
onducted by a Board of not exceeding
lree, who shall be appointed by the Board
Directors, and which Board of Liquida-
lrs shall immediately proceed to wind up
le affairs OF the Company by selling off. the
'sets, privileges and property of the Com
any, collecting all amounts due the
lmes paying all the just debts, and distri-
1iing the balance pro rata among the
Tie compensation of said liquidators shall
. fixed by the Board of Directors at the
me of appointment.