New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-03-10
CORPORATIONS.

1
transfers o. shares shall be made said books ane
signed by the shareholder his attorney, and wnicf
SAID books the Directory may close often as con
longer period than ten DAYS at . time.
Should any shareholder of stock desire to transfer
| made, he shall be and is hereby permitted to do
| so, by the substitution of the party purchasing.
ARTICLE SEVENTEENTH
A failure from any cause to elect Directors on
the day named for that purpose shall not dissolve
the association; but the Directors then in office
shall hod ever until their SUCCESSORS are elected
notice forthwith shall be given. as provided IN
had,
ARTICLE EIGHTEENTH
Each shareholder at all meetings for the election
Of Directors, and other purposes. shall be entitled
directly or by proxy, to one vote on eacn snare OF
stock held by him.
ARTICLE NINETEENTH
Minutes OF all the proceedings OF the Board OF
Directors shall be kept by the Secretary and verl-
tary shs sign all notes, drafts. checks. certificates
of stock contracts and all oIher evidences Of debt
OF TINS corporation.
ARTICLE TWENTIETH.
The Board of Directors may accept Professionally
any power or privilege conferred on this association
same is formed or by the adoption of other act
Or ordinance of the Legislature City Council, but
shall be determined BY a vote Of q raaiority IN
amount OF the stockholders.
ARTICLE TWENTY FIRST.
The liquidation of the aft airs of this association
shall be made By three Commiss oners appointed
by the stockholders at meeting convened tor that
newspapers published in New Orleans. raid Gqui-
dators. shall be solvent persons, residents of this
OF office snail be assigned; all necessary powers
shall bs conferred on them. The period of hquioa
ton shall be fixed. as well as their compensation,
in such manner as the stockholders may by resou-
ton in general meeting convened determine.
ARTICLE TwENTYTHIRD.
The names and respective interests OF the parties
to this act are declared to be as follows. to Wit:
Francis B. Fleitas, $3.50 shares, three hun
dred and and sixty tive thousand dollars. S365 600
Francis y. Hatch, l0l0 shares, one hundred
thousand dollars. lO0 200
Thomas J. selnlnes, 5Ot shares, fifty thousand
Robert Mott, 500 SHARES. fifty thousand dol
J. j. Warren. lOo shares. ten thousand dol '''
Samuel Jamison. IOO shares. ten thousand
dollars ...................... lOoO0
Hanson Kelly. 50 shares. five thousand dol.
lars. ...................... 6,OC0
lars. ACKNOWLEDGEMENTS. IU,UU
Making the number of 5000 shares, six hun.
dred thousand dollars .$6OC,OW
All of which is preferred stock. deemed to be paid
up to the amount of twenty collars per share.
Books of subscription for STOCK shall be opened at
such places and times the Board Of Directors may
determine.
This done, signed and passed in my Office, in the
city OF New Orleans the day aforesaid, in the
presence of William Nj. Gesdes and Thomas Jan.
ney witnesses. OF lawful age, and domciliated in
this city, have signed with the parties and me,
notary. after reading hereof
Robert Mott, f. H Hatch,
Samuel Jamson, Thcs. j. Semmes,
4. b. Eleitas, j. j. Warren,
Is. w. Rodd, Hanson Kelly,
W. NJ Geddes, Thos. Jsnney.
Chas. Stringer. Notary Public.
true copy:
New Orleans, February I. 1870. -
OHAS. STRINGER,
fel3 St in BOD Notary Public