New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-08-09
[PUBLIc-No. 66.l
AN ACT % ineorpornts ths Nr

AN ACT 70 incorporate the National Hotel Com.
Be it enacted by the senate and House Of Repr..
sentatlves Of the nlted States Of America in Con-
@eish1@an james q MSG1re, zepS sfi En ~ H.
George H. Calvert, n and Charles B, Calvert, their
associates successors and assigns are hereby Gre
National hotel Company. in the city of Ashington
in the District Of 90 umpa, and by that name they
ere made capable of takings ho ding, managing,
improving, purchasing leasing for the loe pu pose
OF erecting and maintaining hotel as aforesaid,
ington, not exceeding five hundred thousand dol ars
in Value; said corporation to have = common seal,
and the same may break, alter, and az pleas
ure; may prosecute and defend suits before all
proper courts and tribunals; may make and ordGin
may have and enjoy al OF those privileges and bs
subject to all OF the liabilities which Corporations
real estate in the city Of Washington in tine United
States, usually enjoy or are made subject TO.
SEe.2 And he It turtle enAol ed, That the capital
stock OF the said company snail be less than two
hundred and twenty seven Thousand dollars, be
divided INTO shares OF five hun red dollars each and
shall be deemed p nal estate aud be transferable
upon the books OF the sad csrporAt
Sec 3. And he IL further enacted That the of.
GERS OF the said corporation shall consist # pres.
dent and treasurer, with board Of directors, Of
but the number Of tue directors may be fixed By the
shareho ders IN the bylaws Of the corporation. The
sign eert stes Of fbe sok issn ne 10
stockholders, and shall have . general oversight
over tue business and affairs Of he corporation the
moneys Of the corporation under the direction Of
the board OF directors; the directors shall manage
and control the property of the corporation, and
ma contracts H. relation thereto; the treasurer
other officer appointed BY the b. laws, shall keep tbs
records OF the tran acton- of the corporation, and
shall countersgn the certificates Of stock Issued to
the sLOckhu ideTs.
SEC Be It further enacted THAT all the officers
Of the said corporation sha hold their offices foI
one year and until their success. elected and
qualified to act unle they shall be sooner removed
by the directors The first Getting of the corpora-
ton may be called by any person named herein By
giving previous notice of not less than five days. 70
AL the other persons herein named. Of the time and
place of such meeting. The annual meetinks here
after shall be called by the treasurer other officer
designated by the board, and be held in the city Of
Wa, hinRton, at the NAtona Hotel building, on the
first "Wednesday in January in each ar, notice Of
which shall be sent to the pos office ADDRESS of each
stoekhofder for ten days before the time for the
holding of such meetingi and special meetings q
the corporation may be called in the manner and
time TO be prescribed by the stockholders.
sko, s. And be it further enacted, That each stock
holder sh all be individually liable for the debts OF the
corporation TO the amount of stock held b. each
respectively; and Con hereby the right
to amend, alter, repeal this charter at pleasure
Approved July Is, lists.