New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-29
CORPORATIONS:
CHAN TEE
u
STATE OF LOUISIANA-CfTY OF NEW Oh
LEANS.

Leans.
| Before me, Joseph Cuvilier notary pubic for
| the parish Of Orleans and city OF New Orleans
therein residing. personally appeared MessIs. 1hu
| liam fagan PAU Esteben and lop.s hach ali OF
whom residents OF this CITY, ana stockhoiIerS 10
as aSsLoCIATioN o. NEW ORLEANS. a corpors
ton duly organized uncer the laws or this stare,
| by ar executed before John French Cotfey, no
tary public; and the sald appearers declared that,
with the Of carrying IN 0 effect the resolutions
adopted at Ct neral meeting OF the stockholders Of
sad association, held on ire ,hirty'ir day Of
Of the Board POI Of Managers. regularly, made
| thirty -first fas OF March eighteen hundred and
| seventy. in the Now Or cans Bee the Picayona and
The Ger1na:: Gazette taey, the said appsarerscon-
sttuting a committee daly appointed and author
lzed Tor mat purpose, as Wli more Iuly appear by
| sufficient certified extracts hereto annexed and
| herewith Identified OF the pro ess verbal OF said
| lneetln2-do by these presents, on behalf OF the
stockholders OF the said Live stock Dealers and
| Butchers Association OF New Orleans, declare,
| acknowledge, proc aim and publish the following
additions notifications and changes 10 the original
charter act OF incor porton of id associa-
tion OF the twenty first OF July eighteen hundred
and Sky n!ne which nave been unanimously voted
mentioned to be henceforth binding nd obligatory
upon The stockholders OF said association, and eli
others whom it may concern, to Wit
tirst-Not more than one member Of the same
firm shall be eliglbl9 manager officer of this
assoc alton, nor shall any person eligible
manager, un!ess ne be stakeholder having in his
own right, or q member OF a firm owning atheist
ED
owned the same tor at !sast ninety days preceding
his eiectiop
secord-The Board OF Managers shall have the
power TO nk any vacancy that may occur III their
bOa d. arising either by DEATH resignation want of
the proper number of ares, insolvency, failure 10
pay or SATISFY on demand alter maturity any cOn1fl-
button on stock or other obligation, of VIVA kind
soeyer. due to contracted toward the association
or by want OF attendance tor fonr successive meet
lngs OF tie board. without leave of absence.
Third-Should any subscriber or stakeholder neg
lect or fali Tor thirty Gays more after may
O 1.
Board Of Managers may, in their discretion declare
forfeited to the association all previous payments
made by such delinquent party. and in that event
the tter shall longer be sockhoider in the
cation. But in al When the forfeiture shall
have been declared by the board against de-
IHqueDt stockhoder, nteres at the rate of eight
per centum per annum shall be exacte1 from hIIa
upon the unpaid amount, from the time such
amount should have been paid. a similar intsres.
OF eglt per ceptum shall also be- exsctad NM INV
other indebtedness of stakeholder to the associa.
ton, from rhe date of exig biiity until maid.
And whenever a stakeholder snail advance money
to the association interest at the rate snail be
allowed 20 him from the date OF the loan until
burSed
Fourth-In all elections of N ar gers, votes may
be gwen, either IN person or by proxy; but per
SOD snail vote on any share acquired by HIM within
ninety days prior to such election.
rfta-No DIVIDENDS on profits realized shall be
declared, except by vote of two-thirts of all the
mer5 ers OF the Board of Managers taken oy call
ing ne yeas and nays on the question
SIxth-No shase or shares OF stock shall be trans
1erabie without the consent of the Board Of Mana
gers and unless the transfer be made upon the
books OF this association. And, the personsi Iva
for the amount unpaid on thu share shares to De
transferred by him shall not cease until 3 note or
notes from the transferee OF the stock for the
amount remaining due on the share or shares to be
transferred. shall have been furnished in proper
form by such transleree. IN lieu OF the note notes
Seyenth-The purchaser from Charles Ca7aroc,
OF the Delery place. together with the buildings
ana improvements thereon. and OF hundred
and hIiy seven shares OF the capital stock of the
CITIZENS, Bank Of louisiana made in the name OF
the association, as evidenced by passed be.
tore Joseph Ouvillier. notary public under date of
the sixteenth OF March, eighteen hundred and
seventy, is approved and ratified And, IN future
a majority OF ali the members OF the Board OF Man
ayers shii have full powr. in addition their other
powers, to authorize such purchases sales of
properly, real. personal or mixed they may deem
necessary or useful to out the purposes OF :be
Eighth-No stockholders shall be allowed to vote
az any eject on Tor managers o. this ssociat.on, un
less at the time Of such election shall have paid
in full sill the aured obligauons he may have con
traced towards the association, 10 the time such
election may be held
hinth-fne fiscal year of the COMPANY shall com.
mence on the nrst day OF January ana end On The
thirty first day of December in each wear and II
shall be the d1ty OF the Board o. Tanayers a. r1s
end OF each fiscal year, 70 appoint from among the
stockholders not managers Two or more eyn-T-s -
examine the books and affairs OF the company and
make a ful! and detailed report to the Board OF
6anager-, who shall communicate the same % tbs
stockholders az their annual meeting
Ienth-AI the clauses and stipulRtions not in
consistent with these amendments, contained in the
Original act OF incorporation of this association
passed on he twenty first of July eigh cen hundred
and sixty-nne, before John I. Coey, Notary public
are continued in full force and efe H..
Thus done and passed il office. at New Orleans
Aforesaid on this ninth day of April eg lteen hun
son and George Guinault- competent witnesses re.
siding IN this city. who have signed these presents
lOrigina! 5ignedj WILLIAM FAGAN.
DOMINIQUE VERGEZ
PAUL ESrEBFN,
FtLIX CoULON,
JOHN A. MAYER
GEoRGF GUINauLr,