New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-06-05

TuOMAS j. BECK, Notary Public.
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CHAKTEK.. ................ CHATTER.
STATE OF LOUISIANA.
Before me. Joseph Cuviliier. q notary public for
therein residing psrsonss apsssrsd
| andre Pepn, Jean Baptiste Camors, Joseph Iur-
GuiiI.ume Bsrrere. Emile Victor 4udbert and
others. who declared that avsiling them selves OF
Of Msren entitled act the
gsnizaton of corporations for works OF pubic I'M
r. #
| . useful invention, promotive to hea and COM
nected as hereinafter set forth the ssia Corpora
have accordingly established the following charter
ARTICLEI.
ian Waterproof coating Company of New Orleans.
| Its domic is established in the city Of New Or.
Its seal, in the centre of which shall be sphinx.
This corporation shall exist for twenty-five years,
unless sooner lawfully dissolved.
ARTICLE II.
The object Of this corporation shall be the manu-
fscture and the sale Of the Egyptian Wase1proott
Coating for all useful purposes according to patent
number eighty. nine thousand seven hundred and
United States on the fourth of May 1869, to Emile
Victor Audibert of New Orleans, who hereby trans
fers unto the said corporation all and singular his
rights hereunder which rights the said corporation
in turn may alec sell or transfer in part for special
purposes of utility TO other corporations therein.
ARTICLE III.
The capital of said Company is fixed W the sum
shares of one Thousand dollars each. all of which
have been paid in cash. and for the transfer Of MS
nized as the holder of ten such shares, which are
deemed paid up at this time to the extent OF one
coptributo H or assessments whatever This cor
porston ball commence its business from the date
made on the books Of the corporation. and be signed
by the trsnsferer or his duly appointed agent
ARTICLE Nv.
The business of this corporation shall be conduct
cd by all the stock holders who shall meet for hat
quorum of five shall at all times be su cient for the
transaction of business At their first monthly meet
who may be also the Superintendent Of the corpora
tion and one Secretary. who may be- also the Urea
i Of shall
be struck, and the profits OF said business may
The corporation shall have the right to contract.
| lease. borrow money. and make all compromises
to carry On tne @
its profits. The corporation shall sue and be sued
in its corporate capacity and plead and be
be required for the determination Of such questions
as may arise at any meeting, proyided always that
vote, the holder of two shares Of stock to two
votes. the holder of five shares three vctes and the
holder OF ten CT more four votes.
ARTICLE V.
The President is the legal representative of the
corporation; all citations and other legal notices
| him; lis term of Office shall be ons year from the
date Of mis- election, but at the end OF said ter he
shall be reeligible 1t shall be his duty to exercise
general supervision over the affairs OF the corpo.
ration, and to promote its welfare. In case Of the
the stockholders shall proceed to the election oi
tner uccessors for the remainder of the unexpired
or Secretary pro tempore shall be elected; but the
President shall meyer act e. secretary and it 81 al III
discharge the functions of the President.
ARTICLE vi.
record of the proceedings OF the stockholders and
| also q set of commercial books. He shall furnish
the stockholders balance sheet at the end OF each
| of the corporation. He shall be the sole custodian
Of the seal of the corporation and. together with
and also all certificates of shares, and ahx to the
latter. when lawful issued the seal Of the corpora
date of his election but at the end OF said term he
| shall be reeiigible.
| ARTICLE VII.
In no event shall the stockholders be responsible
| for losses damages which may be sustained by
By them respectively owned. and all new steckhold
ers shall bind themselves to comply with the regua-
lions hereinabove mentioned, or those that may DC
made By way of amendment hereafter The present
charter shall not be altered or amended, except by
a vote of three-fourths of the stockholders, to be
counted in the manner hereinbefore set forth; and
no amendment shall be finally acted upon unless
the same has been presented and read two conse
| cutiye meetings. Any stockholders, by lawful man
date power of attorney. may authorize an attor
ney in fact to vote for him and in his name' place
A'0 '''A' ARTICLE VIII.
Upon the expiration of the term of the existence
of the corporation herein fixed the liquidation and
settlement thereof shall be effected by three OF the
| by an election held for that purpose They shall!
have power to settle and wind up the business OF
this corporation BY public or private sale OF its
property and the division Of the profits thereof to-
rether with the division of all of its other sssests
pro rata among the stockholders. after the settle
bs
have one year from the date OF their appointment
to resume that liquidation.
tieth day of April 1870 in the presence of Theodul.
Buisson and George Guinault, competent witnesses
residing in this CITY, who have signed these presents
due reading of the whole
Signed:
A. Pepn, ,, 3. Camors,
5 J; Ta5s1 sss,le F. g. 5a Barrisre,
Il. v. Audbert.
Signed:
GEORGE GU1NAULT. J
j. OuVILLIER, Notary Public.
/, the undersigned. Recorder OF MORTGAGES IN AM
| for this city and parish Of Orleans and State o
Louisiana do hereby certify that the within Charte
has been recorded in my office, 10 Book Society mum
Der eight. folio ninety nine, as required by law OF
the n esien SI DAs i''O O. DARCANrEL Deputy.