New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-03
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STATE OP LoUISIkA,
Be it known, that this, second dsy OF April, IN
the year Of our h2sd en nrS W fga'o
Notary Public in and for the city and PARISH OF W
leans State OF Louisiana Aforesaid. ouIy cornIns.
sicned and qualified. personally came ahd appeared
the parties whose ames are hereupto subscribed.
Of TIE provsiols OF ne law OF Louisiana, in such
casa mace and provided. they have coyenantec and
sgree, ana bind themselves and those whom they
repre- nt, TO form Themselves into and constitute
nan co. and that end do here uy MAKE. agree snd
into the follow ng articles OF incorporation;
ARTICLE FIRST.
Ths sFd e q ,3s HSp Rs e
MENr GoMPANY ard IL d0 nals is hereby ss
The corporation shall have power and authority.
to a1Y be a Der en 81 y
10 contract and be sued in its corporate name;
to hold, receive. purchase and convey. under its
corporate property and rights, both real and
APPOINT such mansgers, directors ano officers as It's
interests and Venencs may require; and slxtn:
resuIa1on OF the affairs Of the corporation May
be necessary and proper
ARTICLE SECOND.
The object and purpose for which this Corporation
is established and the of the business to be
carried on is TO pave and repair. with wood. stone
and shell, the streets of New orsans also. to clean
wharves and bridges Of said city and to contract fer
general Improvements.
ARTICLE THIRD.
The amount of the capital stock shaIl be three
hu dred thousand dollars (S3OO0OG, 10 be divided
| into three thousand shares Coco OF one hundred
| dollars each 500.
The payment for the subscription to stock shall be
made thirty days alter notice Of call made Tor the
| sans by the Board of Directors.
ARTICLE FOURTH.
All the corporate powers of the COMPANY stall be
| exercised by Board of Directors, and such officers
! a. aUpOilE
Tae Board kDirectors shall consist Of four mem
snnnsy ahs Board Of Directors shall eieoS one Of
their number to serve as President The first cleo
day Of May, ls7o and the regular elections for the
Directors shal be reid annually ther eafter on the
, second Monday of May, on publication of ten days
no ice Of election in a. least one newspaper pau
Iished in the city of New Orleans Notices Of cleo
tons for Directors shall be made BY the President
! The elections shall be by ballot Each stakeholder
shall be entitled to Tor each and every share
| held by him, and shall have the right to appoint .
proxy in case CT his absence, to cast his vote. The
Of sn nase power 70 MAKE nes
| no election for Directors being held on the day
hed ten days after the failure to elect or as soon
alter said ten days as is practicable. and shall give
u tue city Of new Orleans The arst Board q
Directors shall consist Of r. tie following named
otiioss until the second Mondas Of May, lss0.
ARTICLE FIFTH. Z
| The charter may be modified, altered or anended,
or the company may be dissolved at q general meet
ing of the stockho ders convened for that purpose
with the assent Of thres-fourths lin amount Of the
| stock represented at such meeting. Whenever tho
dissolution of the Corporation shall become necee-
by reason of the action OF the stockholders BY
| limitation OF its charter, from Any cause what
ever, its affairs shall be Immediately placed in oui-
dstion unoer the charge and superip ter dence OF
and Was aa os 1D
liquidation of the affairs of the Company and the
distribution Of its surplus funds among the stock
| holders - -
No stockholder in this Corporation shall ever Be
liable Responsible for the contracts faults 81
| the Corporation in any further sum- than the un-
. | paid balance due to the company on the shares
owned by him. nor shall inform. Atty in or
g8nzaiion, have the effect of rendering this Charter
null, Of exposing stakeholder to ATTY liability BE-
yond the amount Of his stock.
ARTICLE SEVENTH.
The nanes Of the stock holders, their residence
and the number OF shares held by each are declared
to be such subscribed to this act of ncoYpors
ton. ana set opposite each of their names re
The United States internal revenue stamp of 1--WE
cents per sheet required by law for this has been
| heIeunto duy affixed and cancelled.
| Thus done and pissed in my Office at the city Of
r new Orleans aforesaid On the day and date allow
a written IN the presence of Thomas J. Beck An(
FRANK McGloin, witnesses of lawful age and dom,
cliiated in said city, who hereunto subscribe thei
| notary
2 Original Signed THOMAS J. BRICK,
FRANK MCGLOIN.
q GEORGE w. CHRISTY,
Notary Public.
hereby certify the foregoing to bs q true COPY q
the original act CT incorporation extant in nv cur
: | In witness whereof, grant these presents urde
!, nv signature and seal of office.
New Orleans. April q 1910
dp1 Notary Public