New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-03-19
CORPORATIONS.
CNARTEK .CHAKTEk
STATE OF LOUISIANA, !
IA.-...rr

CMAHTEK....... .A.....-'. CHARTER
STATE OF LOUISIANA,
City OF New Orleans.
Be It known that this day before me, Theodore u
Stark notary public in and for the parish OF orleans
Sla;s OF Louis aforesaid, personally caaie anu
apueared the several persons whose anos are here
matter Subscribed stockholders who severaH de-
ciarod that they do hereby form among thelnssVes
and sucn otdors may her latter become as soc&teo
with them, corporation iot IN, purposes hsfeiu
after define d, and have snd co rersoF apfee " Gus
following stipulatiOns to govern the same TO W.T.
ARTICLEI.
The name .nd style Of the corporation hereby
| formed shall b. The Orleans Oil and h1anntactor
| ing Conua ny aud ats don,cl! is rereoy hAsl IN
| the town OF Agers parish OF Orleans state OF Lou
i'iahA ARTICLE IL
| The purposes and objects OF this corporation are
| herelv declared TO be as follows, to-Tit 70 pur
chase cotton ssed anG other oissRiaous and hbroGs
anbstancay or products of this or any otler couA-
tries and to obtain hsrefrom OIL OIL CAKE fertilizers
and other articles OF commerce tor domestic ahd Tor
eicn markets. and that end TO WORK anu carry on
ali NECESSARY machinery and manufactuf ana
| as incidental thereto, TO acquire ma hoia kach
reaI or personal estate ri2uts franchises a1o pr VI
Ieges as VIII contribute to toeure the accoiep-n-
lnent of the objects and purposes Of TINS corpora,
ton and 10 sell transfer or pledge IDS sdno or any
! part thereof ,u,o,D,,
The said corporation shall have and enjoy al the
powers uoident 70 CORPORATIONS, ana autnoGlre" ~
| law the term OF its duration IS h3rSny nAe4 d.
Uecsmber last. 1855 It's business shall h managed
and conducted by B3art Of Directors c1mPiH3en
hi, own name and right not less than TWENTY-FIVE
shares OF the 4pltaI stock OF said corpoIatiou they
snail elect from among their own Number a pFssi,
dent and vic--pFesldent. and shs SO ssrye Until
their successors are elected ne foiIewiHe haia9n
hereby consttu cd the first Board Of Directors TO
Wit: Sessrs Jelsoln 2. Harrison Robert Nj GaiI9s-
ley, Joseph Hoy, Johu Villains, John ohans'
! Cyrus Bussey and Camille &C. tfr>rcey'
ARTICLE ~.
| On the first Monday in November Hsxt. $40, and
annually tner aite-, the election OF Directors ~ the
| IL hnl . a
poratisr ten days notice Of, ich shall be gwen
in at least Two newspapers publ hen IL ne cry o.
New Orleans Said election rhill be b. ballot. esch
snare OF the voting stock shah be enrItac to one
vote, person or by proxy provided ~ loci a
. | holder shall BIS me woe mora than one
third Of the entire v,tnG sock OF thus o"n panV IN
eiscs,oP end no & SEAL S9, 90 uo qs
! vious TO : id election. a plurality OF votes cas-.
shat decide the election: the said eecJioa snail "a
GeId nnder the supervision Of three co Inssioaers
previously appointed by the Boar OF DIRECTORS
cause to elect Directors or the day named for that
purpose sba not dis olive thls corporation. out me
ilifeotors tnen in office shall hold until suotber
election is heli OF when notice soali forthwith be
as divided 'of in Inc ease ,, OF the 5sSh a ii
continue until an election be had
ARTICLE
Upcn the election of Directors the Board OF Oi-
recIors so elected, cha from their nunser choose
r clerks empIoyes and agents OF the company. fix
their salaries and thu amount of security o be re-
Use ali TIE powers of the President in tue event OF
The iatter's absence or inability to act from any
4. | cause A N ajorty of the BOARD shall form quo
rum the decision Of majority of which shall const
tute a valid corporate ac 1ney shAii nave po"er 70
make by.laws rules and regulations to; alter, amend
| or repeal the sgma whsnever tiny shad deem 1t in
| the interest OF the company. 1hey msy nave az 9
ton as they shall deem proper shall have power &c
remove pleasure all officers and employees OF ,ne
or other legal ocess shall be served upon the Presi
| dent or in mis- absence the Vics-Presdent-
ARTICLE VI.
Vacancies may occur ia the Board Of Directors o!
reason of DEATH resignation, insolvency, or 40
| frcm the slttings for more than ninety days; ant
such vacancies filled by the b ard sh;n stand unit.
their successors are duly elected; me ooa!u N
also appoint Temporary sub titute Tor ans reo'o
who may with leave. be absent for any period eS
ARTICLE VII.
The capital stock Of this corporation IS heren
fixed at i've hundred thousand dot'ars dlvIdea lol
five thousand shares Of one hundred oonara eaGn
One thousand shares OF "Licn sna' nov ce en- :.
to vote while held by the paentee OF tns patent 10
the preparation o. cotton reed mri GirardsT
Co.. the essees OF the Be.levliie Iron "orss;
which shares twelve ans q bali per cent are pai
| shall re pay able az the time and IN the tnanne
which may be determined b. the board OF u
ARTICLE VIII.
These articles of incorporation may be altered o
p,odted, and the capital stock iu;rsA3Sd 20 an
! s1;m not exceeding one million dollars BY tbs cor
sent OF tvo-thirds IN amount ana humber or all IN
stockhocer., to be obtained IN sen,srsl mse.'n
increate Of capital shan be duly authorized, tairt
days notice Of the same 5na t Dc g. w Stean
withiu which tins stockholders shall have the priv
II ege Of increasing their snAres pr 'r.ta % ta
the e1pration Of hat tias may 9e qpo?sG o
ID poration, but not at less tnan par value
N ARTICLE TX.
&c Should any subscriber neglect refuse 10 pay II
subscription for STOCK as required BY tne b9ata {
NJ Directors, the said board shall have tbs fIEht
"a r shares which ma
due TO bs SOD at ppo S qaSSp SnSs5 sn II
journals published IN this city
ARTICLE y.
Upon dissolution Of this corporation by the exil
ration OF The term OF IT'S charter, or otheEWise 4
affairs shall be iduidetod b. i've c9mni7sl. ness
election for Directors, and N case OF olssonIid
p GoSoTS afeT hrty DAYS notce az
| quired for regular elections SAID ceLAfnissi9ne e
o. Directors: their So airy and OF office shsl
fixed previous 10 election, by the gs' eTal ineetlt
I'D medately proceed to settle and wind up the bu'
the COMPANY and after payment OF al H.,
Dr.. the excess pro rata among the stockholders.
ARTICLE XII.
Ter This corporation is formsi under an act of q
Legislature of this stste entitled an act Tor Y
organization of corporations for works OF pup
improvements and utility, approved mara
. 1852, and enacted March H. 1865, and II Is l
| tended to possess all the powers conferred oy sa
NJ acts, and necessary and proper Ter the purpose
Jh its formation. No stakeholder GhaU ever De ia
eri or responsible through said corporation for
M contracts or faults in further than the
ne | paid balance due to the company, should any
,c | due on the shares owned by him.
I've 0'
eu ARTICLE XII.
This corporation shall go into operation as soon
one Thousand of Its CAPT al stock shalt ha
been subscribed for, and these arlc es are record
in the Office of the Recorder OF Mortgages Tor t
parish of Orleans. as required by law
Thus done and passed in my ethce at New
an cans on this sixteenth day of February. A.
eighteen hundred ard seventy in tho presence
"A. Charles G.. Andry and Edgar Grima. hoth OF II
he city competent witnesses, VIII have signed ne
presents, with the said corporators and me, notal
IL CHARLES 6. ANDRY.
nv EDGAR GHIMA.
,iuai T. Q. STARK, Notary Public
l. the undersigned, Deputy Recorder Of Mo
cages for this city aud parish OF Orleans, state
Louisiana. do hereby cartity that the wi hin act
, INCORPORATION has been this day duly recorded
book eight, folio thirty of this othce, as rsquir
by law.
-, IL. ,-,,.,,,,r ~.
w (Sigue6 q. DAROaNIEL, deputy
eIi New Orleans February l9, $50.
m,
lbs A true COPY Of the original act and cert
,llc cate OF recorC. -.
at T. 0. STARK, Notary Public
en- New Orleans, FEBRUARY 70. 1870 te23 mh5 II ~