New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-05-07
CORPORATIONS,
CHAhTEh.'.. '..:.:..:' ..... .CHAATsa
STATE OF LOUISIANA-CITY OF NEW q
LEANS.

Before me, Joseph Cuviier, . rotary pubtek
| the parish of Orleans and city of New OrisnS
therein rssiG,ng; personally appeared Ne
liam Pagan. Pau Estebsn and Louis kucb aIs
| whom residents of this c,ty, and stockholdens
ASSOUIATION o. NEW ORLEANS, a Corn
| ton duly organized nncer the laws OF this Sta
tsry public; and the SAID appearers declared Dr.
with the view OF carrying into effect the resoutic'
adopted at g. neral meeting of the stocs holden3
the fs asnsgsrs sssusfy
sairty fst ts5 Of March eisheesn hun dr es
| seventy. in the New Or Bee. the picay one b.
the German Gazette, they, the said appesrers-c3
shutting committee duly appointed and anth2
lzed for that purpose. as will more fully appear
| sufficient certified extracts hereto annexed n
| herewith identified the prores verbal OF ~
| meeting-do by these presents, on bsnalf of M
stockholders Of the saio Live Stock Dealers ~
| ButcneIs Association of Nev Orleans, declul
| acknowledge proclaim and publish the follow
ADDITIONS notifications and changes to the orlgnS
charter, or Ect OF incorpota Of the sid assoc
ana slxty-nine, which have been unanimously voiS
| for and adopted at the general meeting abN3
| mentioned. TO be bencetorth bindhg and oblieatJ
| upon the 81 oci holders of said associa.ion and
| others whom 1t may concern, to wit:
first-Not more than one member OF the ssuk
firm shall be eiigi bic as manager officer of M
assoc alton, nor shall any person eligible az
Manager ar eas he be a stockhoIder having iu n
own right. or mem Der OF a firm owning at led
twenty shares OF the capital stock, and havs
owned the same for at least ninety days precedrx
Second-The Board of Managers shall nave s.t
power to iii any vacancy that may occur IN thsk
ooaI d. arising either BY death, resignation. wants
tne proper number OF ares. insolvency, failursI
pay or satisfy on demand after maturity any coutI
Aoutlon on stock or other obligation, of what kip&
soeVer Que to or contract.d toward the a.socisr
or py want OF attendance fer four success mesX
lngs OF the board. wi bout leave of absence.
Ihlrd-Should any subscriber stakeholder nal
lect fail for thirty days or more after tn
mature to Ply any instailuent d1e on his stock M
forfeited to the association ali preyious "a yms,
made By such delinquent party and in that e,I
the latter SHAH no longer be ssockhoder in tie asl
CATION. But IN al cases when the forfeiture al
not have been declared by the board agalust -
linquent stakeholder. interest at the rate Of eS4
per cent um per aunuIu snail be exacte from ~
upon the unpaid anoubt, from the time sasI
amount should have been paid. similar iptenE
OF eight per centum shall also be exacted unon =
other indebtedness Of stakeholder to thesssoS
ton, from the date of its exig bIIity until nsS|
And whenever stockhoIder shall advance mou|
TO tne ISOLATION interest at the same rate shalft
allowed to him from the date OF the loan until rsis
bursed.
be given, either in person or by proxy but no pss
son snail vote on any share acquired By him ifhin
ninety days prior to such election.
Fifth-No DIVIDENDS profits realized shat hs
declared, except by a vote of lwo-thrcs of an tSs
mem bers of the Board Of Managers taken BIZ cali.
ing the yeas and nays on the question.
slxth-No share or shares of stock sh all be trans
ferable without the consent of the Board Of Mana
gers, and unless the transfer be made upon the
books of this association. And, The personsi Ia
biily of the stoct holders towards the ASSOCIATION
for the amount unpaid on the sba-e or SHARES m ~.
by him shall not cease until note or
notes from the trausferee OF the stock for the
amount remaining due on the share shares to be
transferred, snail have been furnished in proper
form oy such tTanseree, in lieu OF the note uotS1
Of the TRANSFORM.
Of the Deiery place. together with the bu,ldnnE
and improvements thereon. and of one hundsk
and fifty seven shares OF the capita, stock of 81
Citizens Bank of Louisiana, made in the psnssf
ne ASSOCIATION, as Evidenced by an act passed II
ore Joseph Cuyiier notary public, under dated
ne sixteenth of March, eighteen hundred arf&
eventy, Is approved and ratified And, IN futur#
majority OF all tine Denb ers of the Board Of Nc
Gers SD :Il have full power. in addition their o
bowers, to authorize such purchases or salss ~
property, real pers ,nal mixed as they may desR
necessary or useful to carry out the purposes Of
Eighth-No stockholders shall be allowed to vi
70 any election for managers OF this ssociahou, u
n full all the IT atured obligations he may have col
to@atos ne association. to the time GU
kinth-Tne fiscal year of the COMPANY shall cor
nerce on the first day of January and end on Ii
I. hlr r. ,nIst cay OF December in each year. and
hall be the duty OF the Board of Managers at Il
no OF each hsca year, TO appoint from among
tocknolders mot managers), Two or more ezpertst
AMI DC the books ana affairs OF the company skK
lake full and detailed report to the 6oard d
'&nager,, who shall communicate tie same to tn
fockhniders a. their annual meeting
Ienth-Aii the clauses and stiuulations, not III
IN istent with these amendments contain cd IN th
Flslnal act OF incorporation of this associstioIE
~.
nd sixty nine before John +. Golf " notary pub.i
re- continued In full force and etfe ia
Thus dore and passed in nv Office, at New OreanF
oresai6, on this ninth day of April eighteen huns<
red and seventy in the presence of 'fheocule Buid
~ ana Heorge Guinault competent wat pesses. rd
ding IN this city, who have signed these preserta
eet her with the appsarers and me, notary, after
ne reading OF the whole
Original signed WILLIAM FAGkN
DOMINIQUE FERGEZ Il
PAUL ESIEStN,
FFLlX COULON,
JOHN a. MAYER,
LOUIS RUOH,
GEORGE GUINArLT,
THEODULE BUISsON, i
JOSEPH CUFILLIER,
Notary Public Il
l. the undersigned. Recorder of Mortgages In an1
T TINS city and parish of Orleans State of LouhL
"a, 90 hereby certify that the within act has hes
IS day duly recorded in my office in society bod
, &, folios e3, "a and SIS required by law.
New Orleat S, April Ii, ls7Q
'Signed) o. DAROANTEL
apis % 20 myl4 DepuH.