New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-08
EAAK TER
CHAHTEH.
STATE OF LoU1sIANA,

STATE OF LOUISIANA,
City of New orleans. I
Re it known, that on this, second day of APRIL in
the year of our Lord one thousand eight hundred
and seventy, before ne George william ohristy, q
leans. State of Louisiana aforesaid, duly commits
stoned an ouaIifsd, personally cane and snpeared
the parties whose ames hereunto subscribed,
and respectively declared that awaiting themselves
case MADE ana provided, they have Sovensnted and
agreed, and 90 by these presents covenant and
assse 2Ho PING f themselves ana tnoae whom sbes
corporation for the purposes and objects hereinafter
enter int the following articles OF Incorporation:
ARTICLE FIRST.
The name and title of this corporation shall be
the NEW ORLEANS PAVING AND IMPROVE
MENT COMPANY, ard its donicil is hereby es-
Citations shall be served on the President.
The corporation shall have power and suthority.
hrst, 10 nave and enjoy succession by its corporate
name for the perioa Of twenty-five years; second.
to contract sue and be sued in its corporate name;
third to make and receive corporate seal; fourth.
to hold, receive, purchase and convey. under its
corporate name property and rights. both real and
appoint such managers, directors and officers jts
Interests and convenience may require; and sixth.
to take such other steps in the management and
regulation OF the affairs OF the corporation may
be necessary and proper.
ARTICLE SECOND.
The object and purpose for which this Corporation
carried Is: To pave and repair, with wood stone
and SHE'LL the streets of New orleans; also clean
whsrves and bridges of said city, and to contract fOr
general Improvements.
ARTICLE THIRD.
The amount Of the capital stock shsl be :nree
into three thoa a shares 5000 of one hundred
made thirty days after notice OF call made 20. TIE
same by tbs Board Of Directors.
ARTICLE FOURTH
All the corporate powers of the Company shsR ue
exercised by Board OF Directors, and ofh ,eru
The Board Of Directors shall consist OF fou, mem
bers, VINO email be elected from the stockholders
annually The Board of Directors shall elect enc OF
their mum Der to serve as President The first cleo
ton for Directors shall be held the second Mon
day OF May, lo70, and the regular elections for the
second Monday Of May. on publication Of ten DAYS
iished in the city Of New Orleans Sosiees Of eieS-
tons for Directors shall be made by the President
shall be entitled vote for each and every shara
held by him, and shall have the right 70 sppont .
proxy IL case his absence. to cast his vote. The
Board of Directors shall have power to make rules
and bylaws for the Corporation. In the event Of
fixed. the President shall cause an election to b,
held in ten days after the failure to elect soon
after said ten days as is practicable, and shall give
notice thereot in one or more newspapers published
in the city of New Orleans. The first Board Of
stockholders: Jonathan Taylor. W. r. Fish. 8 e
Packard and James Casey who shall hold theie
ofncss until the second Monday of May. 1870
ARTICLE FIFTH,
The charter may be modified, altered or ended
or the com pany may be dissolved at general meet
ing OF the stockholders convened for that purpose
with the assent of three fourths Tin amount of the
stock represented at such meeting. Whenever tho
dissolution OF the Corporation shall become nsces-
sary by reason of the action of the Stockholders b
limitationof its charter, from any cause what
ever its affairs shall be immediately placed in oui-
cation unoer the charge and superipter dence OF
three commissioners, appointed by the Board Of
Directors. and who shall remain in Office until tSe
liQuidation OF the affairs OF the Company. and the
distribution OF it's surplus funds among the stock
holders.
ARTICLE SIXTH.
No stakeholder in this Corporation shall ever h
liable responsible for the contracts or suits ~
tho Corporation in any further sum- than fhe mn
paid balance due to the Company on the sh.ra.
owned by him. nor shall apy mere nformslity in ~.
garzation have the eot OF rendering this charter
yond the amount of his stock. "
ARTICLE SEVENTH.
The names OF the Stockholders thai -...s.
an the number OF shares held by each are dacs-eG
to be such as are subscribed to this CT Of
s son SnG set opposite each of names re-
The United States internal revenue sta,nr ~ t,,.
Per sneet ssQuired by law for this act has been
Ih1s done and passed in NV Office a. tho o;,, ~
New orleans Aforesaid, on the day and Sa+s aScSa
E raS.eh; m tne presence of Thomas j. Becs and
rhank McGloin, witnesses of lawful age and aonnS
nuaeeu "a sac city, who bereunto subscribe their
naaes together with the parties hereto. and ns
Original Signed THOMAS ). BECK,
FRANK McGLOIN
GEORGE w. CHRISTY,
Notary Pubic
hereby certify the foregoing to be true copy Of
.ae original act of incorporation extant in my
notaria register names of subs crios emitted
my signature and seal Of Office .A''' p'sSe''S
Ne" Orleans, April 2. 1870
nfa NH