New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-15
CORPORATIONS.
CHI TIE II.
CHAhTEk' -. --- .....' cHAhTEh'
STATE OF LOUISIANA-CITY OF NEW Or
LEANS.

Before me, Joseph Cuviliier. a notary public for
toe parish Of Orleans ana city of New Orleans,
tne:en rssdns psrsornaiy sppTassd Mes , Jnn
liam Fsgan Paul Esteben and LOUIS kuch. all OF
whom residents Of this city ana stockholders in
ASsOCIATION OE NEW ORLEANS, a CORPORA
ton duly organized unoer the laws OF this State.
s,y public; and the SAID appssrsrs declared that
with the OF carrying nfo effect the resolutions
SAD association, held on tire hirty frs. dsy of
March last, past. ls!o pursuant ss,,,a 10 can
of the from shs swsnsh The s
thirty first das of March, eighteen hundred and
seventy. in the New Orleans Bee. the plcayone, and
shutting a committee duly appointed ana antnor
izsd for that purpose. as will more FULLY appear oy
herewith identified OF the process verbal OF said
rneeting--do BY these presents: on benaf Of the
BYtcnt.s Association OF New Orleans. declare.
acknowledge. proc aim and publish the following
additions notifications and changes to the risinal
casrtsr or act of OF the said associa
ton of the twenty first OF j uly. eighteen hundred
for AID adopted at the general meeting above
mentioned to be hencetorth binding and obligatory
upon the stockholders OF said association, and all
Others whom it may concern, to Wit:
First-Not more than one member of the sams
firm shall be eligible as nsnager or oncer OF TINS
association, nor shall any person &c eligible as q
manager un!ss he be a stakeholder having IN his
own right. or melnbsr OF frm owning at least
owned the same for at least ninety days preceding
bis election.
DOW Sc to fill any vacancy that may occur IN their
board arising either by death. resignation want of
tie proper number of ssares insolvency. failure to
nav or satisfy on demand after maturity any oontr
button on stock other obligation. of what kind
soevsr due to or contracted toward the association
or bv want of attendance for four meet
| luys of the board. without leave OF absence
| Third-ShouId any subscriber r stockholder neg
sct o. fa for thirty days or more after the same may
mature pay any instaiipept que on ms stoSa tne
1 ,taI tboa D-nylOuS
| made oy such delinquent party and IN that event
the latter shall no longer be IN the asso
cariop But in all cases when the forfeiture shall
! not have been declared nv the board against de
Iirauent stockholder, interest at the rate of egh
| per centum per annum shall be exacted from him
| upon the unpaid amount, from the time suct
| amount should have been paid. A similar interes
otnsr indebtedness of a Aockholder to the associa
ton, from the date OF its exlg blilty until PAID
And whenever s @ rsts sba
allowed to him from the GATE OF the loan until rei1n
| bursed.
be given, either in person or by proxy; but no per
| son shall vote on any share acanlred by him Wlthli
| ninety days prior to such election 80
| Ffsh-So divdencs profits realized snail b.
! declared except by vote of two-thirds of all tn
| mem oers of the Board CT Managers, taken By call
| ing the yeas aud nays on the ques11on. -
| oixtn-No shaI or shares CT stock shall be Trans
| ferable without the consent ot the Bosrd OF Mana
| gers and uuess the transfer be mace upon tn
| books Of ms association. And, he personal IA
bisity ot rns stock holders towards the association
| fo- the amount unpaid the snare shares to b.
| transte-red by him shall not cease until note o
| notes iron the transferee OF the stock for tn
| amouut remaipins ne on the share shares TO b
| transferred, shall have been furnished ID prope
form By such transieree. IN lieu OF the note or note
! of the trapsferOr.
| Seventh-The purchaser from Charles Cavaroc
| of the Delery place. together with the building
| and improvements thereon. and of one hundre
| and fify.ssven shares of the capital stock Of tn
Citizens Bank Of Louisiana, made IN the name q
the association, as evidenced by an act passed be
fore Joseph Cuvil!ier. notary public, under date
the sixteenth of March, eighteen hundred ant
majority OF all the members OF the Board of Mar
ayers shall have full 10 addition TO their othe
| powers to authorize such purchases or sales
oropsrty real personal or mixed. as they may deer
necessary useful to carry out the purposes OF tp
| association.
| E;ghtt-No stockholders shall be allowed to 70,
less at the time Of such election he shsll have PAL
IN full! all the matursd obligations he may lave cor
! rracteo towards the association, TO the time sue
| election may be held
| Ninto-Tne iscal year of the company shall con
mence or the hrst day OF January ana END on "a
shall De the duty OF the Board OF Managers, at II
| end of each nscal year, TO appoint from among th
stockholders mot managers Two or N ore experts
| examine the books and at airs OF the company an
make full and detailed report to the Board {
Managers, who shall communicate the same TO u
stockholders at the ir annual meeting.
Tenth-A the clauses and stpulatonscnot Il
original act of incorporation of this association
| passed on he twenty frs of July. eighteen hundre
and before John Id c o notary pu0'
Thus done and passed my Office. at New orleal
| aforesaid on this ninth day of April, eighteen hu
| i-ed and seventy. in the presence of rheocule Bui
| SON and George Guinaut. competent witnesses.
siding N this CITY. who have signed these present
toge her with the appsarers and me- notary, after
| Cus reading of the whole.
| Original signed WILLIAM FAGAN
| DOMINIQUE VERGE.
| PAUL ESrEBkN,
| FfLIX COULON,
| JOHN a. MAYER
| LOUIS RUOH,
GEORGE GUINAULT,
| THEOpULE BUISSON,
| JOSEPH OUVILLIER.
! Notary Public.
I. the nis-signed, Recorder of MORTGAGES IL 81
! for rl!s cltg and parish OF Orleans State OF Louis
ana, do hereby certify that the within act has he'
| this day duly recorded in office in society boz
, | No g folios g. 81 and s5. as required by law.
| New Urea s. April ID, 1870
! ,SIr1ed) u DARCANTEL.
| nt1