New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-07

. CHI ARTER .

STATE OF LoU1sIANA
City of New orleans
Be it known that this second day of April 10
the year of Lord one thousand eight hundred
and seventy, before me. George William Ohristy,
leans, State of Louisiana aforesaid, duly commits
stoned and qualified, personally came and appeared
the parties whose } ames are hereunto subscribed,
and respectively declared that, ava ling themselves
case msde and provided. they have covensnted and
agreed and DO by these presents covenant and
represent TO form themse elves into and constitute
corporation for the purposes and objects
named and 10 that end do hereby make agree and
enter INTO tne following articles OF lucorQofation;
ARTICLE FIRST.
The name and title OF this corporation shall De
TIE NsW c 9RLS NN PAVING AND !; iM t
teblishsd in the city of New Orleans Louisiana
Citations shall be served on ths President.
The corporation hali have power and authority.
first TO nave ana enjoy succession By its corporate
name Tor cne perioa OF Twenty-Five years; second
TO contract sue and be sued in its corporate
third. make and receive a corporate seal; fourth.
to mold, receive, purchase and convey. under its
corporate name property and rights. both real and
personal patents. licenses, ETC.. fifth, to and
appoint such managers directors ana officers its
TO take such other steps in the MANAGEMENT and
regulation Of the affairs OF the corporation as may
be necessary and proper.
ARTICLE SECOND.
The object and purpose for which this Corporation
is estab ned and the nature of the business 10 be
carried 10 pave and repair. with wood, stone
and SHE'LL the streets OF New Or cans; also, to clean
and grade the same. 70 build and repair the
wharves and bridges OF said city and to contract Tor
| general Improvements.
ARTICLE THIRD.
The amount Of the capital stock shall be three
hui dr6d thousand dollars (SJ00,GG0, De divided
| into three Thousand shares $4,000 of one hundred
dollars each S1COj.
The payment for the subscription TO stock shah be-
made thirty days after notice Of call made for The
| same By ths Board OF Directors.
ARTICLE FOURTH.
AL the corporate powers OF the Dom pauy shall be
| a nv nt p1da n,tAsro
| The Board OF Directors shall consist OF four mem
I bers, who shall be elected from the stockholders
annually. The Board of d. rectors shall elect OF
Their number to serve as President res. The int cleo
day of May, ls70 and the regular elections for the
Of Of a o S on tSs
nolce OF election IN a. a. least one newspaper pub
tons for Directors shall be made by the President
The elections shall be by ballot Each stakeholder
e w & and sba nave the snare
proxy in case OF his absence. TO cast his vote The
and y-!aws for the Corporation. In Jha event of
| no election for Directors being held on the day
bs the ten sf r an to be
after said ter days as is practicable, and shall give
y T 5 sosrd 81
Directors shall consist OF the following named
| Packard and James Casey. who shall hold their
| Offices until the second Monday OF May, 1876.
| ARTICLE FIFTH
| The charter may be modified, altered or amended
or the company may be dissolved at general meet.
ing or the stockholders, convened for that purpose
with the assent of three fourths lin amount of the
| STOCK represented at such meeting. Whenever the
dissolution of ths Corporation shall become neces-
ssry by reason of the action of the stockholders by
limitation of its charter. from any cause what
its affairs shall be immediately placed in oui
| oatAon unoer the charge and superiptendence OF
| three commissioners. appointed by the Board OF
directors, and vino shall remain in office ur til the
liquidation OF the affairs of the Company. and the
al5tloution Of its surplus funds among the STOCK
| holders.
| ARTICLE SIXTH
No stocSho'der in this Corporation shall ever he
liable or responsibe for the contracts faults of
the Cooperation in any further sum, than tina IN
paid balance due to the Company on the shares
oWned hy h'm nor shall any mere nforInslity IN or
ganzaion, have the effect of rendering this oh arta-
null, OF exposing stakeholder to any lisbisiy bs
yond the amount OF his stock.
ARTICLE SEVENTH.
| The names Of the stockholders, their -ssids,ca
ana the nuiDbe OF shares held BY each arc searsd
TO be such subscribed to this gcr OF
| ton, and set opposite each of their lanes "a.
speOtiveIy. Az
The United States internal revenue stamp of five
cents per sheet required by law tor this aci has hss
| hsIsunto du hthyed and Cancelled.
| u nus done ana passed in my office ut the ri,v NJ
we~ Oreai't Aforesaid or the day AID date above
| FRANK McCioin, witnesses of lawful ags and domi.
chateo N SAID city, who hereun.o subscribe their
! nouarg. ''1' "1N 'As
Original Signej) THoliks J. BECK.
FRANK MCGLOih.
GhORGE w. OHRISTY,
- Notary Public.
hereby certify the foregoing to be a true cory o:
REM reg ster toames of subscribers omitteol
! IN witness whereof grant these presents Znde!
| my Signature and seal of office.
New Orleans, Apcll2, ls70
GEORGE W CHISTY.
"p1 10 30 Notary Public.
|