New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-12-22

STATE OF LOUISIANA, !
Parish Of Orleans, \
Cfty OF New Orleans.

I N1ay Oh 1NtW OrleHnS
Be it known that on this seventeenth day
sixty-eight, before me-, Henry G. Dibble, d
Notary, Public, duly commissioned and
sworn IN and for the parish Of Orleans and
city OF New Orleans, personally came and
appe the several parties whose names
are hereunto subscribed, who declared that,
awaiting 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: s..,,..
-. cha 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 ''FHE 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
q 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
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-
ton of the term of Office of the
present Board, hereinafter named,
shall be elected. by ballot on the
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
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 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 President, who shall be the general |
manager and business agent of the Corpora
ton. The Board of Directors shall have
Iull authority to fill all vacacies in their K
number from among the stockholders of the
Company. And the said Board is hereby
nUhafad Nnff frrn a. i
adopt 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
Of this State. The said Board shall have
power, 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 sin.
5ular such acts as may be necessary to carry
N the business and further the objects Of
his company. I
ARTICLE 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 and every share which he, she or
hey, respectively, may hold, and no person
n persons shall be entitled to vote on any
within ten days prior to such election.
ARTICLE SEVENTH.
No stakeholder shall be held responsible
or the contracts, acts, faults, debts or obli-
ations or 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
u1l, OF of exposing the stockholders to
ny, liability beyond the extent of their
took. $50 ~ M,
ARTICLE EIGHTH.
The following named persons: A. L. Lee,
ohm d. G. Parker, Michael Hahn, Jacob !
hawkins, Thomas G. Tracy, shall be and
hey are hereby constituted the first Board
I Directors, aud they shall hold their office
ntil the first election under this charter, OF
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 investnd with All |