New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-06
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STATE OF Lou1sTAHA
Guy OF New oriea ns
BE It kn?wn that on this, second day Of kEril, N
year OF our Lord one thousand e'sht hundred
and seventy, b. fore me. George William Gh-isty -
ho,ary uoo N ana - u cry and parish o. o.
sicned ~ quail led, per onally came aud appeared
and respectively declared that, ava ing themselves
OF tie prov sl0rs Of the law of Louisiana N such
case made and provided, they have oovenanied asd
agree and bud themselves and those whom they
corporation for the purposes and objects hereinafter
ramea ana 10 t9at end co hereby make. agree and
euIer iEIa the following articles OF incorporLtior:
ARTICLE FIRST
the SN oSI3@N ms PA3 We S9' EN fl SF sa
MESF COMPANY, and lts domic is hereby
Citations shel bo served on the President.
. The corporation stall nave power and authority.
name Tor the perioo Of wentsiiye Years: secons
10 contract. sue and be eued in its corporate name;
to hold, receive, purchase and convey under It's
corporate name property and rights, both real and
appoint such managers, directors officers as its
Interests and convenience may require: and sixtt.
reguiauon of the affairs OF the corporatior ss Ian
be necessary and proper.
ARTICLE SECOND
TIE object and purpose for which this Corporac.an
is established and the nature of the business 70 be
and shell the streets of New Or cans also, to eiean
and grade the same; To hnAld ana repair the
general improvements.
ARTICLE THIRD.
The amount of the capital stock sbap lie three
hui dred thousand dollars ts3G0OCO) 10 be divided
INTO three tnousand shares 600 of one hundred
The payment for the subscription to stock shall be
made thirty days sitter notice of call made sor tfa
same ty the Board Of Dire tors
ARTICLE FOURTH.
A u,f,o
exercised by Board of Directors, ana oi6oerp
as hey ma appoint
bers, who shall be elected from the stocknaldars
annually The Board of Directors shall elecr one @.
ton for Directors shall he held on the second Non-
day of May, le79 and the regu elections Cor the
second Monday Of May, on publication OF ten days
nc,lce OF election IL a least enc Newspaper pa o.
tons for Directors shall be made by the Presdsnt
The elections shall be by ballot. Esch stockhode-
held by aim. and snail have the right to npnont a
proxy, in Of his absence to cast his vote The
and bylaws tor the Corporation. In the event OF
no election for Directors being held on toe osy
held in ten days after the failure elect or as soon
after said ten days as is practicable, and snail give
IN the city of New Orleans. The first Board of
Directors shall consist OF the following named
Packard aud James Casey, who shall nol3 ,helr
Offices until the second Monday of May, 1874
ARTICLE FIFTH,
Tie charter may De modified, altered or amended
or the company may be dissolved a general Ineet-
ing OF tie ckholders convened for that purpose.
with the assent OF three fourths Gin amnunt) OF The
STOCK represented at such meeting. Whenever the
dlsso luton of the Corporation shall become neees-
ssry, by of tee action OF the stockholders by
limitation of its cha rter. or from apy canse what
ever, its affairs shall be Immediately placed oa-
cation unoer the charge and superlnten denoe OF
three comm issicners. appointed by the Board OF
Directors, and who shall remain IN OH until the
liquidation OF the affairs of the Company. and the
distribution o: its surplus funds snong the stoeh-
holders, . -
No stockho der IN this Corporation shall ever te
liable responsible for the contracts or tarIss ~
the Corporation IN any further sum than the m,
owned by HIM, shall any mere ipforualtv "a o.,
ganizsion have the effect OF rendering this charter
null of exposing stock holder to any Liability Re
yond the amount OF his stock.
ARTICLE SEVENTH.
the names o. the stock Tplders, their rs.i5sr,e
Snd the number OF shares held by each are dsclsrsG
be such subscribed to this ect o< 90
top, ana set opposite each OF Their names W.
The United States internal revenue star,,, IS s,o
cents per sheet required By law for this act ae been
hefeunto CuS affixed and Cancelled A N'oa
Jhns done and passed in my Office AT .he .s.
New Orleans aforesaid the day and S.s. 80 ~ va
Wrnten m the presence OF Thomas j. Beoh snS
FRANK McGtoIn, witnesses of lawful aga and dorns 90
clnAted IN said city. Who hereunlo subscribe 49,.
notary. s'"' @nN ua
orig ma Sened) THOMAS J. BECK
FRANK MCGLUIN
GEORGE w. CHklSry
hereby certify the foregoing to Be a trne oono =.
the oflSlnsi act CT incorporation extant in nv CO.,
~ nGtsfsi regster tqames OF omitted
IN Witness whereof. grant these. presents nnSsr
nv signature and seal of Office NeN
New Orleans, April 2, 1870.
n.,e,, GEORGE W OgIsTy,
~ NnSa