New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-29
CORPORATIONS.
4.

4 1HARTER........ ...CHARTER.
STATE OF LOUISIANA, PARISH AND CITY OF
. II NEW ORLEANS.
Be it known, that on this thrtieth day of Noven-
ber, in the year of our Lord one thousand eight
hundred and seventy, and of the independence OF
the United States of America the pinety fifth, be-
fore me, Andrew Hero, Jr, notary public in and
for the perish Of Orleans and city Of New Orleans
state of Louisiana. duly commission and qualified.
and in the presence of the witnesses hereinafter
named and undersigned, personally came and ap-
peared the several persons whose names are here
unto subscribed, who declared that availing them
selves of the provisions of the laws of this State,
relative to the organization of corporations for
works OF public Improvement and utility. they
have covenitnted and agreed and do by these pres
ents covenant and agree. and bind themselves, as
well such other persons as may hereafter be-
come associated with them to form and constitute
corporation aud body polite i'll law for the OBJ
Jects and purposes and under the stlTUAitions ana
articles following to 2,TG, wit;
The name and title Of said corporation shall be
known THE RED BIvER PACKET COMPANY,
enjoy succession and exist for the peron of seven
months from aud after the date of these presents
and contract, sue and be sued, to make, use and
have a corporate SEAL to name and appoint such
managers, directors and officers as its business
may require, and to make and establish such by
laws for the proper management and regulation of
the affairs OF said corporation as may he deemed
necessary.
The domicile Of said corporation shall be In the
city Of New Orleans, State Of Louisiana, and cita-
tons and all other legal process shall be served on
poration.
The object and purposes for which said corpora
ton is established and the nature of the business
10 he carried by it, to procure and maintain
. good and sufficient number of steamboats,, or
other vessels for the transportation for compensa-
ton of passengers, ifreights the mails etc., and
1he transaction of all business connected with the
running. cha,terins, and maintaining of one or
more lines of steamboats, from the city of New Or
leans to all points the Mississippi river and its
fributafies and more especially on Red river so as
h.tfx ifh ha
nnts ofsuch sections to forward and convey freight
and all products to and from New Orleans, and ere
ARTICLE "
The eapitel stock Of said corporation is hereby
by three hundred shares of nifty dollars each. Five
per cent of each share shall be payable in cash
demand, and the remainder of each share shall be
paid at such times and IN such amounts as the
Board of Directors may direct. Any stockhoider
neglecting or refusing to meet and pay the calls
iustallments of his stock ordered by sad Board of
y Directors within thirty days from the publication
0f notice OF such mstailments being due and pay
able. shall forfeit any and all share shares of
stock upon which any installmcnt may be due. in
favor of said corporation; and the Board of Direc-
tors may dispose OF such forfeited stock at private
public sale for the Use and benefit OF said
poration.
3 All powers of this corporation shall be vested in
Board OF Directors composed of five stockholders
OF this corporation. Any vacancy occurring in said
Board from amy cause whatever sh all be filled by
election by the remaining directors. Three dircc-
tors shall form quorum and said Board of Direc-
ors shall appoint such officers, clerks or agents as
may be deemed necessary for the business of this
corporation, and have full power to make and es-
tablish. well rs change, any and all bylaws
rules and regulations for the support and manage
ment of the affairs and business OF said corporation
John KOuns, Henry J. Brinker. John r. Roots
Joseph A. Aiken and Henry A: Dohrman, with the
said John T. Roots as the President thereof are
hereby declared to have been chosen and elected as
the first Board of Directors, and shall hold Office
until the first day of July, Of the year eighteen
hundred and seventyone, or until their successors
are elected
The capital stock of this corporation may be in.
creased to any sum not exceeding one hundred
Thousand dollars; and this act of incorporation
NAV be changed, modified altered or this cor
poration dissolved, with the assent Of three
fuurths of stock represented at any general meet
ing of the stockholders of this corporation con-
veued for such purpose, after ten days notice OF
such meeting shall have been given in two news
papers published IN the city of New Orleans
ARTICLE VII.
This corporation, whenever dissolved, either by
termination OF charter, or from any other cause
whatever, shall be liquidated by three commits
Who shall remain in Office until the final settle
ment and liquidation of said cQmpany's affairs
/. ARTICLE VII.
The names of the stockholders, together with
for the present, declared to be assigned and op
,,osite the respective of the parties hereto
11hus done and passed in my Office, at New Or
Kama aforesaid in the presence Of Paul A. Conand
hereunto sign their names, with the parties and
me- the said notary, the day and date aforesaid.
= Original signed JOHN T. ROOTS,
JOHN KOUNS.
T. f. JACOBS, and others.
P. A. CONAND,
GEORGE CENAS.
ANDREW HERO. JR.,
Notary Public.