New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-23
CORPORATIONS,
CHARTEK...
CHARTER.
STATE OF LoUuyANA,

STATE OF LoUu1ANA,
Guy Of New Irisans.
Be it kuown. that on this second day of April in
theyear of orr Lord one thousand eight hundred
and seventy bsfcre me. George William Christy, 8
Notary fupc in and + r the city and parish OF Or.
leans, stat OF Lousians Aforesaid, duly oommis-
stoned and qualified. personally came aad appeared
the parties whose ames are hsreunto subscribsd,
the prov sions Of the law OF Louisiana, in such
case made end provided, they have covenanted atNa
agree, and bind them selves and those whom they
represent, TO form tbenseVe into and constitute
corporation for tbs purposes and objects herein after
named, and 10 that end do hersby make. agree aad
enter into the following articles OF Incorporation:
ARTICLE FIRST.
the name and title of this corporation shall be
t.. T. 20 N I SSo ORLEANS PAVING AND IMPROVE
t MENE QoMpANY, and its donicil is hereby es
Citations shall be served the President.
e me corporation shal have power and authority,
n&me for the perion of twenty-five years; second
10 contract sue and be sued in its corporate name:
tnrd. 20 make and receive corpor tie seal; fourth
to hold, receive, purchase and convey under its
corporate name property and rights. both real and
appoint such managers directors officers as its
Interests ana convenIence may require; and sixth.
regulation OF the affairs of the corporation as may
be necessary and proper.
ARTICLE SECOND.
The object and purpose for which this Cooperation
is established and the nature of the business be
and she'll tho streets Of New ar eeusi also, to clean
ana grade the same: 70 buiii ana repair The
wharves and bridges OF sad city and to contract for
general improvements.
ARTICLE THIRD.
The amount Of the capital stock shall be three
hu drad Thousand dollars $500, 500, be divided
into three thousand shares 5000 Of one hundred
The pay ment for the subscription to stock shall bs
made thirty days after notice OF call made for the
same b5 the Board of Dire tors.
ARTICLE FOURTH
All the corporate powers of the Company shall be
roiseo by Board OF Directors, anC such officers
Tue Board OF Directors shall consist of four mem.
annually The Board Of Directors shall elect one Of
their number to President. The first cleo
day of May, lo7o, and the regular elections for the
Directors shall be held annually thereafter on the
no ice Of eeoaion in a. least enc newspaper pub
lIshed in the city OF New Orleans. Notices of cleo
n s
shall be entitled to vote for each and every share
proxy in case of his absence to cast his vote The
Board OF Directors shall have power to make rules
no election for Directors being held on the dsy
fixed. the President shall cause an election to be
after said days practicable and shall give
notice thereof in one or more newspapers published
Directors shall consist OF the following nansd
s,ockholders: Jonathan Taylor, w. r: Fish, S. B.
offices until the second Monday of May. ls70.
ARTICLE FIFTH,
The charter may be modified, altered or amended,
the com pany NAV be dissolved at general NEST
ing of the stockhol ders convened for that purpne
with the assent of three fourths Tin amount of he
dissolution Of the Corporation shall become nesss.
sary, by of the action OF the stockhod by
ever its aft airs shall be immediately placed in licui-
ostion unoer the charge and suDerintepdencs Of
Directors. and VINO shall remain in Office until he
liquidation of the aft airs of the Company. and .ho
distribution of its surplus funds among the stock
holders.
No stockholdsr in this Corporation shall ever be
liable responsible for the contracts or fault of
paid balance due to the Company on the shres
owned by hlm, shall any inform Atty inor-
ganizaion have the effect of rendering this chatter
null of exposing stakeholder to any liabilitybe-
yond the anount OF his stock
ARTICLE SEVENTH
and the number of shares held b. each are dsclsed
to be such subscribed to this of ;ncorpra-
tlop, and set opposite each of their names re-
Tha United States internal revenue stamp Olive
sheet required by law for this &C, has en
hereunto du ; affixed and cancelled.
Thus done and passed in my Office. at the city of
written in the presence of Thomas j. Beck md
Frank Motion, witnesses of lawful age and dmi
clated in SAID city, who bereun.o subscribe teir
names together With the parties hereto andms
notary.
Original sisnod' T TENN M5e BEGK,
GEORGE W. OHEISTY
hereby certify the foregoing to be a true cor of
the original act ct incorporation extant in my ur
In witness whereof, 1 grant these presents uxier
nv signature and seal of Office.
New Orleans. April 2. 1870.
ap3 10 . 80 Notary Publ: