New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-12-25
CMA&TEx.

Be it knewn that on this seventeenth day
OF November, A. d. eighteen hundred and
sixty-eight, before me, Henry @. Dibble, .
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,
svailing 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 and under the obliga.
tons, stipulations and regulations herein
after set forth, to wit:
ARTICLE YIRsr.
This corporation shall be domiciled and
have its principal ofice in the city of New
Orleans, in the parish Of 0rleaA', State of
Louisiana, and the name and title of the
same shall be .'THE NV ORLEANS RHrulLI'
CAN PAINTING 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 rs the sun
of enc 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 sppertaining 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
q majority Of ell of the stock of said CON-
pGny, to any amount not exceeding two
hundred aud 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 tho city of New
Orleans.
ARTICLE PouArH.
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
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 tue 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
OF fail to attend the President shall appoint
other persons to fill the vacancies. And any
failure from any cause whatever to elect
on the day named Tor 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
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 held 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
lion 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 stockholders of the
Company. And the said Board is hereby
invested with full power to frame and
adopt such bylaws, rules and regulations
10 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 OF the laws
Of this State. The said Board shall have
power, and are hereby authorized, to buy
zeal estate for the use and purposes of the
company, to sell the same, to make con-
iracts, leases, mortgages and compromises,
and to borrow money, and to do all and sim
5uar such acts as may be necessary to carry
m the business and further the objects of
his company.
ARTIcLR SIXTH.
In all elections the vote shall be by ballot,
md each and every stockholder shall be en-
titled to vote, either in person or by proxy,
or each AMI every share which he, she or |
hey, respectively, may hold, and no person |
n persons shall be entitled to vote on any |
hare or shares transferred to him or them |
within ten days prior to such election.
ARTIoLS 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 informally 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.
ARTICLE RIdHTH.
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 |
# Directors, and they shall hold their office
ntil the first election under this charter, or
ntil their successors are duly elected and
hall have taken their seats.
This board shall assume control on and
fter 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
he rights, powers and privileges appertain.
ng to their office.
ARTICLE NINTH.
This Act of Incorporation may be modified,
ltered or amended, and additions made to
be 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
lrleans, with the assent of three-fourths of
Il OF the Stock OF said Company.\
ARTICLE TENTH.
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