New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-11-30
CHAmwER.
CHAnTER. -
81: q; !. 4: !: e.; :::!;:

|
Be II 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
appeared 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
1 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.
tons, stipulations and regulations herein
after set forth, to wit: .s.-.
ARTICLE FIRST.
This corporation shall be domiciled 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 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 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
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
N1I4PiOJNo % my opIOlhSs 4uO DOd1u
Of Directors shall consist of five members of
the Company who, after the expirs.
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
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.
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 compensa
ton OF President, who shall be the general
manager 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 stockholders of the
Company. And the said Board is hereby |
invested with full power to frame and |
adopt such bylaws, rules and regulations |
as 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 |
gular 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 stockholder shall be en-
titled to vote, either in person or by proxy, |
for each and 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 obli- |
cations of the said Company beyond the |
amount of their unpaid capital stock and |
no mere informality in organizing shall |
have the effect of rendering this Charter |
null, or of exposing the stockholders to |
any liability beyond tie extent of their |
stock.
ARTICLE 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 |
of Directors, and they shall hold their office |
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 and privileges appertain.
ing to their office.
ARTICLE NINTH.
This Actof Incorporation may be modified,
altered or amended and additions made to
the same, or the said Company dissolved at
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 ayniration of thie Cbartay- nv tba |