New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-12-02


slxty-eight, before me, Henry G. Dibble, a
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
avaiiing themselves OF the provisions OF the
laws Of the State of LOuisianai 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: '.--.I M.
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 THE NEW ORLEANS RgPUBLI.
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 Tor 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 a general book and job printing business
in the State of Louisiana and all things
properly appertaining thereto.
ARTICLE THIRD.
mi
hereby fixed at one hundred aud 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 |
called for that purpose, and by |
majority of all of the stock of said COM |
pany, to any amount not exceeding two |
hundred and fifty thousand dollars: Pro- |
Vlded, That each and every stakeholder |
hall have at least thirty days notice of such |
Intention either in person or by notice of the |
'ame 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
ion shall be vested in and exercised by a
3oard OF Directors and such officers and
employees as they may appoint. The Board
# Directors shall consist of five members of
he Company who, after the expira.
resent Board, hereinafter named,
hall be elected by ballot on the
econd Tuesday of January of each year,
t the office of said Corporation, of which
lection the Board of Directors shall give at
east ten days notice in one of the newspa-
ers published in the city of New Orleans,
nd the Board of Directors shall appoint
lFpn 70 do |
pectors at such election; and
hould any of the inspectors decline
r fail to attend the President shall appoint
Their persons to fill the vacancies. And any
allure from any cause whatever to elect
directors on the day named for that pur.
ose shall not dissolve this Corporation, but
lie Directors then in office, as well as the
resident and Secretary, and all other
Ulcers, shall hold over until their success.
,rs are elected. In the event of no cleo.
on taking place on the date aforesaid, the
resident shall cause another election to be
cid within thirty days thereafter and give
Otlce OF the same as aforesaid.
ARTICLE FIFTH.
The Board of Directors thus elected shall
ssume their duties on the Tuesday follow
q their election, ana shall hold their
lhces until their successors are duly elected, |
hose stockholders, receiving a majority
Ote OF the stock represented at an election, |
lall be considered and declared duly elect
|. The Board Of Directors shall elect from !
nong themselves and fix the compensa
on OF President, who shall be the general ,
anageF and business agent of the Corpora.
on. The Board Of Directors shall have 7
ii authority to fill all vacacies in their t
lmber from among the stockholders of the
Ompany. And the said Board is hereby
vested with full power to frame and o
lODt guRh hV-lRWa r1las anA IaA | -
they may deem requisite and necessary
r the company and the transaction Of its
lsiness; provided, the same do not conflict {
it'll this act of Incorporation or the laws /
this State. The said Board shall have
'wer, and are hereby authorized, to buy
al estate for the use and purposes of the L
'mpany, to sell the same, to make con-
acts, leases, mortgages and compromises, 7
I'd to. borrow money, and to do all and sin.
liar such acts as may be necessary to carry l
! the business and further the objects of L
is company. % E-.-
ARTICLE SIXTH. s
In all elections the vote shall be by ballot.
Id each and every stakeholder shall be en-.
lied to vote, either in person or by proxy,
each ana every share which he, she or r
eyr respectively, may hold, and no person !
are or shares transferred to him or them
thin ten days prior to such election.
ARTICLE SEVENTH. :
No stockhoder shall be held responsible
the contracts, acts, faults, debts or obli-
tions Of the said Company beyond the
lount Of their unpaid capital stock, and
mere informally in organizing shall ="
We the effect of rendering this Charter
ii, or OF exposing the stockholders to ri
y liability beyond the extent of their
1ck. f-T7- E-7N
ARTICLE EIGHTH.
The following named persons: A. L. Lee.
I'm M. G. Parker, Michael Hahn, Jacob
Awkins, Thomas G. Tracy, shall be and
ey are hereby constituted the first Board
Directors, aud they shall hold their office
til the first election under this charter. or o.
III their successors are duly elected and
all have taken their seats. .,-
rms board shall assume control on and
.er the hrst Monday in January next, it
ing understood and agreed that the pres \
management of New Orleans REPUB- ="
Jan shall continue until that time; and the
d Directors are hereby invested with all
rights, powers and privileges appertain- Z
J TO their office.
ARTICLE NINTH. afN I
This Act of Incorporation may be modified.
cred or amended and additions made to -
, same, OK the said Company dissolved at
General meeting to be convened for the
rpose, after thirty days notice in one Of
newspapers published in the city of New
leans, with the assent of three-fSurths of
Oh the Stock OF said Company.
.-zaisr ARTICLE TENTH. ou re4azl
1t the expiration of this Charter, or the Il,
solution OF this Company prior thereto, /
liquidation OF the Company shall be =
lducted by Board of, not exceeding "a
,RP5 who shall hQ anRafnfad hxr klo Del | TX