New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-12-17


Notary Public, duly commissioned and
sworn IN and tor the parish of Orleans and
city of New Orleans, personally came and
appeared 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-
lions, stprlatiOns 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, ia 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 it's 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. 81
The objects and purposes of this CORPORA
ton are declared to be the printing and pub
fishing OF newspapers and the carrying on
of a 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 stockholder
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 a
Board of Directors and such officers and
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
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.
lion 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 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
manager and business agent of the Corpora
lion. The Board of Directors shall have
uu 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
Is they may deem requisite and necessary
or the company and the transaction of its
provided, the same do not conflict
With this act of incorporation or the laws
If this State. The said Board shall have
bower, and are hereby authorized, to buy
'eal estate for the use and purposes of the
to sell the same, to make con.
raets, leases, mortgages and compromises,
md to borrow money, and to do all and sin.
sular such acts as may be necessary to carry
IN the business and further the objects Of
his company.
ARTICLE SIXTH. uu1
In all elections the vote shall be by ballot,
md each and every stakeholder shall be en-
titled to vote, either in person or by proxy,
or each ana every share which he, she or
hey, respectively, may hold, and no person
" persons shall be entitled to vote on any
hare or shares transferred to him or them
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grH ARTICLE SEVENTH.
No stockholder shall be held responsible /
or the contracts, acts, faults, debts or o5li-
,ations of the said Company beyond the
mount of their unpaid capital stock, and
10 mere infOrmality in organizing shall
AVE the effect of rendering this Charter
Iull, or of exposing the stockholders 70
ny liability beyond the extent of their
took.
ARTICLE EIGATH.
The following named persons: A. L. Lee,
ohm N. 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 |
Until the first election under this charter, or |
.nttl 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- |
loan shall continue until that time; and the |
aid Directors are hereby invested with all |
he rights, powers and privileges appertain- ,
ng 10 their Office. \
ARTICLE NINTH.
This Act of Incorporation may be modified
ltered or amended. and additions made
be same, or the said Company dissolved
general meeting to be convened for
urpose. after thirty days notice in on
he newspapers published in the city OF /
lrleans, with the assent of three-fourt
Il of the Stock Of said Company.
ARTICLE TENTH.
At Che expiration of this Charterkns PO
issolntion OF this Company prior ~,
be liquidation Of the Company az
ondHcted by q Board Of not eng
hree. who shall be appointed by E55au
Directors, and which Board OIL NJ
ors shall immediately proceed kFrhe
e'affaire Of the Company by SEX CON-