New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-11-26
cHAKrEm.
STATE OF LOUISIANA, A
Parish Of Orleans,
City of New Orleans.

olAbJ -Si6hSg OCiO1O 11tuIJ Os DlODlC, u
Notary Public, duly commissioned and
sworn in and for the parish of Orleans and
city Of New Orleans, personally came and
appe AIRED the several parties whose names
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.
selves and those whom they represent, to
establish an incorporated Company for the
objects and purposes aud under the obliga-
ti0ns, supulations and regulations herein
after set forth, to wit:
ARTICLE FIRST.
This corporation shall be domiciled and
have its principal Office in the city OF New
Orleans, in the parish of Orlean 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 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 II general book and job printing business
i'll 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
aanA IOl1urG IiUiIal nj h1r
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
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
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.
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
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 ali other
officers, shall hold over until their success.
sors are 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, and shall hold their
offices until their successors are duly elected.
Those stockholders, receiving a majority
vote of the stock represented ut 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 President, who shall be the general
and business agent of the Corpora.
ton. The Board of Directors shall have
full authority to fill all vacacies in their
number from among the cEholders OF the
Company. Aud the said Board is hereby
invested with full power to frame and
adopt such bylaws, rules and regulations
rs they may deem requisite and necessary
for 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
company, to sell the same, to make con-
tracts, leases, mortgages and compromises,
and to borrow money, and to do all and sim
yular such acts as may be necessary to carry
on the business and further the objects of
this company.
ARTICLE SIXTH.
In all elections the vote shall be by ballot,
and each and every slockholder shall be en-
titled to vote, either in person or by proxy,
for each AMI every share which he, she or
they, respectively, may hold, and no person
or persons shall be entitled TO vote on any
share or shares transferred to him or them
within ten days prior to such election.
ARTICLE SEVENTH.
No stakeholder shall be held responsible
for the contracts, acts, faults, debts or obi
cations of the said Company beyond the
amount of their unpaid capital stock, and
no mere informaltty in organizing shall
have the effect of rendering this Charter
null or OF exposing the stockholders to
any liability beyond the extent of their
stock.
ARTIcL EIGHTH.
The following named persons: A. L. Lee,
John NJ. G. Parker, Michael Hahn, Jacob
Hawkins, Thomas G. Tracy, shall be and
they are hereby constituted the first Board
until the first election under this charter, or
until their successors are duly elected and
shall have taken their seats.
This board shall assume control on and
after the first Monday in January next, it
being understood and agreed that the pres
ent management of New Orleans REPUB-
LICAN shall continue until that time; and the
said Directors are hereby invested with all
the rights, powers ana privileges appertain.
ing to their office.
ARTICLE NINTH.
This Act of Incorporation may be modified,
altered or amended. and additions made to
the same, or the said Company dissolved at
a general meeting to be convened for the
purpose, after thirty days notice in one of
the newspapers published in the city of New
Orleans, with the assent of three.fOurths of
all OF the Stock of said Company.
ARTICLE TENTH.
At the expiration of this Charter or the
dissolution of this Company prior thereto,
the liquidation of the Company shall be
conducted by a Board of not exceeding
three, who shall be appointed by the Board
Of Directors, and which Board of Liquida-
tors shall Immediately proceed to wind up
the affairs of the Company by selling off the
assets, privileges and property of the Com
pany, collecting all amounts due the
same, paying all the just debts, and distri-
buting the balance pro rata among the