New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-03-18
CORPORATIONS.
STATE OK LOUISIANA, PARISH OF OK.
LEANS.

er nausd aud Undersigned personally came aud sp-
pearsd the persons hgreinaILer Ga"en an" aya,S;nJ
themselves of the PROVISIONS OF the statute" oi t
State of Louisiana relative to Inc "a
creed and 30 by these presents covenant cru -, 20
and bind themselves and those %nom .nes
pora ION for the objects and unGer the stipua
tons regulations, and oolsa'ions following W.
ARTICLE FIRST.
Tho came aud title Of this Cooperation shall be
the MEM ORLEANS PNEUMATIC FhoFAL-
LING COMPANY.
ARTICLE SECOND.
The don,icil OF Cooperation shat be at % Guy
OF New Orlesns, tate % lIohlei-na; ,uo cn1roa,
shal continue for twenty five years unless sooner
q ssolyed j ne Coruoration shall have cohNloA
seat tho dsvlceot which shall be car iaiig EQUIP
ped, within circle, anu ;nS hs1uc "a "No O"fA'
traced thereon.
ARTICLE Third.
This Company IS established for ire purpose pose OF
developing. appyio@ nd using comp essed ar Sa .
veh1ci,s according to ths several lngentlons OF
CHARLES ". VALLEY. of New Orleans. ana
and improvements he may hereafter make ioFF
that purpose he President q the D.@-u -
Directors rs declared TO the othCer, upon
wc0m citations and ali other legal notices shah DO
ARqICLE FOURTH.
The capital stock Of the Company shali oe I'VE
thousand collars tS5hQ rapre5eateq b. ono mo Gsahu
SHARES i've dorars ts5 each, ait OF Eh!ch shaf9S
are declared 10 have been paid N full. should
none 10 required for the purposes set forto IN
article third ana above the sum Eeaoy fr4i1 "a
from the sale OF shares issued, the Board OF Direct
or; With the approval OF nsj Jrity o. tie s'ocA'
holders, may issuea additional Dumoer o. Mares
not 20 6xceed however, two hundred and htty, 81
To- nom!ual value OF twenty nYe dollars $40 eAeh
to be disposed OF IN the following IDaGner W. lei
dollars CSI( 10 be paid at The date OF sUbscrpton
zen dollars (Sls IN sixty days thereafter, and the
balance that is t. the or i've dollars tao 70
&c retained by fo o3 The Board % Of
not require said balance, the same shall pc lqc1-
dated Dy deducting the amount iroIn the dividends
tional shares u rank equally with The original
shsIss in al respects.
ARTICLE FIFTH.
All the yowers OF the Company shall be vested in
j Board of Directors, to consist OF eleven. eaen OF
whom shall be required TO own uye shares OF the
capital stoca ~ his own name me present n9ara
under this article, VIZ: A. L: brcs Joan Is hopert
son, n O. foiger. spencer fieid' ghar'es W. EeS
CLARK, Charles A. Labuz5n, Edward fomatia, and
G. H. King shall compose and ara htrt by constituted
the first Board Of ID under this charter who
shall at their first meeting. elect one OF their n1n-
Der PRESIDENT and the Board. IS then consutu;ed,
veInber, 1911, ana thereafter biennlaiiy, OF sueh
date, election Tor Diree iots snail be hs.o' the
ths daily papers OF New Orleans. hfieen Gays De-
. fore sucn election.
ARTICLE SIXTH.
Atsl elections of Directors by tie stockholders,
plurality Of ali the cast shall ee required tor tee
election OF Director each snare OF Capital STOCK
70 1e or bS 5 10 gH ana if rom @ ause tie
holders fail to eject such Directors at the first
IneetinT such meeting suall be aojourred day
rwo weeks subsequent to such date. public notice OF
such adjournment 10 be given IN TWO OF the O -liy
papers. II st such adjourned meeting, the stock
holders again tail 10 elsct such Board of Directors
the old board shall hold over until the noxt reRa-
ar biennial ee;tion
ARTICLE SEVENTH.
The Board Of Directors. on the first Monday en-
SUING each Biennial election, sha be conYento Tor
the pnrpose OF electing one OF Ito OWE mem I,
president, and shall appoint a sscre'ari. Said
agents. ans may remove thu same at pleasure, and
shall fix the salaries OF alt oihcers OF Toe Iorport-
ton az the amount of security thet stan be re-
quirsd from any Of saij otiesrs and agents SAID
Board may also delegate sucn DtsrS n the trans c-
committees of their bocy, or their orhcsrs or
agents a. thUy may deem eKper !s1t, aLn may a,ao
aouo gents within and without the state, under
.ucn conditions as to them sas! seem proper: and
they shat! ave tbe power 10 make b!-isWs, rules
anu regulations and 20 ameCd epo rittr the same
whenever n. interests Of the COMPANY may require
1T: and shalt also Rave the p@wer 10 supply any
yacscss ma 1as ee G9ruf 81 ds re-
gosJion want of he prcOsr ruInoer OF SHARES IN
spvency. Or absence within NJ ieaFo ior three sue
ARTICLE EIGHTH.
The President shall preside at ST. etin2s Of the
Board Of Directors ara ockhoiderg EAd IL case 1i
| ihe Board s9su appoint President pEo TEN. ~
,ns jory of 1t Board OF Directors snsu % necea
| saIy 70 constitute quorum.
ARTICLE NINTH
Certificates u stock shall be issued TO the stock
holders s.gned by tbs %ecretary ano eo1ntersiElSu
| oy the Pre-, JoBt, ard every soocEhoiCer b. thf
| simple acceptance Of bis certificate OF stock OF
| shares 1ader THIS article, s1aA be considered as
! having approved OF this charter, and bound by al
is clauses stipu otiOns a1t provisions Al transfers
OF stoca .haA ba recorded IL the soc4 book OF tLt
Company ana the trausferse snail, by he in2re ae
ceptance 81 the transfer the books a. aforesaid
De bound 10 abide by I'll the cases q TINS act tt
tDs by avs no u las that nov rlag hereafter D.
| adopted by this Company.
AETIcLE TENTH.
No Stakeholder shall ever be held liable OF raspon
! sible scr he contracts faults Of said Company
! beyond he amount q his stock in saio ComDany
| nor sha any Mere iDtoTmaity in the crganha tlof
of said Company have the effect Of rendering h'
presoyt Charter null, or Of exposing Stcckholcei
~ any greater liability Beyond the amount OF III
! ARTICLE ELEVENTH.
Said Company shall sue and be sued II; its cor
| porate maine and capacity, aad plead -lo De I'M
| PLEADED accordingly.
| ARTICLE TWELFTH
The Board of Directors may accep1 PROVISIONAL:
| any roser or privilege conferred on The Oompan!
| by any amendments of tns law under which th
Is framed, by the adoption OF any new act o
united States Of AMERICA, but the final acceptanc
! OF spy such power or privilege should be de eT
mined by vots Of a majority in amount OF tn
| Stockholders.
Article THIRTEENTH.
| This Charter may be altered or amer ded By q res
oluton passed by two. thiros OF the Directors an
approved by thTee-!ourths Of the stock present o
| represented az meeting called for that purpose
giving fifteen days public notice ia two OF the dali
papers CT This city.
ARTICLE FOURTEENTH.
at the EXPIRATION of this Charter, or whenever tn
dissolution OF ibis corporation shall render nscei
sary its liquidation, three Commissioners shall b
all cted by the stockholders from among Its os
| members, whose outy 1t shall be to conduct Ii
business 10 final liquid alton such terms and 4
snch N amer shall re determined by maj 1t
OF stock present or represented.
ARTICLE FIFTEENTH.
The names of the Stockholders and ths respectiy
number OF shares hold Dy each, are Tor tho presen
| declared 10 be such are subscribed and attGche
| lively. ,-,.,,,-,, s,,,,,r,,,, ,,,,,
This Company is the sole owner OF the patents
improve 10 and extensions IS made ara lnVc1te
nv the aforesaid q. W. valley, having acquired IN
same as per contract with said valley. date
other contract dated eighteenth March. 1855, bot
deposited in the office OF the undersigned notary c
the date hereof.
xhus done and passed in my ofice, at the city G
New Orleans, in the presence OF WI. IAN r.. Dayl
| and jules DejaG, Jr.. competent witnesses, WI
hereunto sign heir names with the SAID parties an
| ne. sad nCt6ry, on the day, month ana year hrs
herein written. Z. q. WELLS, Notary Public
| iSiened)
j pFJ ~ Jr' Witnesses. ,nhl8 Itawit
Charles Whiting va. Jacob Flick.
IEVENTH DIS ERIOT OOURT FOR THE PAE
| y ish o. Orleans no. 2jIi by virtue CT WI
| OF seizure and sata, to directed by the HoL
| cradle tie seventh District Court tor the parish
| Orleans, in ths above entitled oause, vi
proceed 70 sell at public auction. ct the Mercdan
aud Auctioueers Exchange, RoTet street., bet%es
| Canal and Customhouae streeti in the Second Di
.-ct of tiis citv on SATURDAY, March 2G 1s5c ;