New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-15
CHAKTE X .
CHAR EK

STATE OF LOUISIANA,
Be- it known that on this. second day OF April, ia
the year of our Lord one thousand eight hundred
Notary Pubic in and fer the city and parish OF Or
leans. State of Louisiana aforesaid, ouiy commits,
stoned and qualified. personally came and appeared
the parties whose ames hereuuto subscribed,
and respectively declared that, awaiting themselves
of the provisions of the law of Louisiana, IN such
case N AIDE and provided they have covensnted and
agreed, and GO by these presents covenant and
agree and bind themselves and those whom they
represent to form them selves into and constitute
corporation for the purposes and objects nerelna1e
named and 70 that end do hereby make, agree and
sute- ilte following articles or incorporation:
ARTICLE FIRST.
the NEW ORLEANS PAVING AND IMP ROVE
MENT COMPANY, and its domicil Is streby es-
m tPs e served Sy d. on the Presdsn
The corporation aha have power and authority,
first 10 have and ENJOY succession BY us
to contract and be sued in its corporate name;
third. make and receive corporate seal iourth
to hold. receive, purchase and convey. under lts
corporate name, property ana rights, ootn rear anu
personal, patents, licenses. etc. hftn TO name ana
appoint such managers, directors and ohcers as us
interests and convenience may require; aud slxtn;
20 take such other steps in ths manasement and
regulation of the AFFAIRS OF the corporation as may
be necessary and proper.
ARTICLE SECOND.
Tho o,;ect and purpose for which this Corporation
is established and the nature OF the business TO be
carr ed on 49, To pave and repair. with wood stons
H..
and grade the same. To build and repair the
wharvss az bridges of said city and to contract tor
general improvements
ARTICLE THIRD.
The amount of the capital stock shall be three
hu drsd thousand dollars (s5gVotOl 10 De olViosa
into three thousand shares $4,000 OF ono hundred
The payment for the subscription to stock shall be
made thirty days after notice OF call made TOR the
same by the Board OF Direator5
ARTICLE FOURTH.
AL the corporate powers of the Company shall be
exercised by Board OF Directors ana sucn officers
| as they mag appoint
The Board OF Directors shall consist of four en-
hers who shall be elected from the stockhoi ders
annually The Board OF Directors shall elect one o:
ther number to serve as President. The first cleo
ton fo- Directors shall be held on the second Mon
day of May le70 and the regular elections for the
| Directors snail De reid annually thereaft the
| second Monday of May publication of ten days
| no ice of election in a. least one newspaper pu D.
llshed in the city OF New orleans H6tces Oh elec
The elections shall be by ballot Each stockhoidei
shall be entitled to one vote for each and every share
| held by him and shall have the right to appoint
proxy in case OF his absence, to cast his vote. The
| Board OF Directors shall have power to make rules
| no q ection for Directors being held on the dal
| xed the President shall cause an election to bt
held in ten days after the failure to elect or as soor
after said ten days is practicable and shall Civ
notice hereof IN one or more newspapers puDhsnet
Directors shall consist OF the following name,
! stockholders: Jonathan Taylor; w. e.; Fish, 5.
| PACKARD
| olic.s until the second Monday of May, 1916
| ARTICLE FIFTH.
| TIE CHAR er may be modified altered or amended
| or the company may be dissolved at @ general mee'
! ing OF tls stockholders convened for that purpos
with the assent of three fourths un amount OF tn
| STOCK represented at such meeting. Whenever III
| dlsso' ution Of the Corporation shall become nece
sary, oy reason OF the action OF the tocknoIoers
Of us ha of Iro any nsd n Una
| dation under the charge a1d superintsndence {
| three coInmssi onera, appointed By the Board
| Directors, and who shall remain N oflce until "a
liquidation of the affairs of the Company, and tr
distribution Of its surplus funds among the stoc'
ARTICLE Sixth.
No stockho der in this Corporation shall ever
iiabls Responsible Tor the contracts or fauItS
the Corporation IN any further sum, than me ~
paid balance due to the Company on tne Snars
owned by nm, shall any mere inforInalty IN OF
ganzaton, have the effect OF rendering ms Gnar
null, or OF exposing stockhoioef 10 alS iisoi''
You'd cls amount OF his stock.
ARTICLE SEVENTH.
| Tho na-pas Of the stockholders, their resdenC
20 ne sIIfG as are subscribed to this sct OF inoorDor
| ton and set opposite eacn OF tneir names :
Re Tilted States internal revenue stamp Of f.
cents per sheet required by law Tor this act has oss
| Ia-arrto 6u y fixed and CsnCeied.
Tlrs done and passed in my office, at the city
New Orleans aforesaid, on the DAY and date ADO
written. "a tne presence or Thomas 81 Beck 81
t-ang MCIsioin, witnesses Of lawful aga and don
cIliatsd n said city, who hereunto subscribe tlt
3 rafras tozsi1 der With the parties hereto, end Z
n2 Original Signed THOMAS J. BECK,
3 FRANK MCGHUlN.
u GEORGE w. CHRISTF,
Notary Public
! TaershT certify the foregoing 10 ia a true cops
the original set Gf InCor poraion e&tant my q
rent notara register (paLnes OF subscribers oinltts
II witness whereof. grant these presents IN
| nv sig natuze and seal Of office
New Ucleans April ., $50. - -
GEORGE W. OHISTE.
u | ans I6 % 80 Notary Publ,