New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-05-11

STATE OF LOUISIANA.

Before me- Joseph Cavillier. notary public for
tbs parish Of Orleans ald the city OF New ola tns'
sndre Pep,n, Jean Bap7fa Uamor' Josenh Eur
cote, honore Labasse Jos,pa Bsyie trancols
Others who de Jared That. awaiting them selves of
the rights aft rded b act approved on the four
tenth of March, l~o5 entitled An act for the Or
gsniz alton of corpor auon4 for works of public i'm
provement and utility" they have agreed to asso
ciats themselves together snd 20 torn Corporation
for the pu-Coe e manufacturing, within TINS state,
- HE EGYPTIAN WATERPROOF COATING,
a usstul Invention, promotive to hea To ant COM
fort. and To conduct the business there"Ith con-
nected, hereinafter set nth, the ssio CORPORA
ton TO BE- located he city of Nv o leans, thus
have accordingly established the following charter
ARTICLE 1.
The name Of SAID corporation shall be "The Egypt
ian " atsrproot oatjug Co npany of Sew Oc!eans.'
Its douicil is established in tho cry Of New Or
leans and the title sha be engraved in full around
ITS seal the centre OF which snail no sphinx
This corporation sha exist for twenty-five years,
un less sooner lawfully dissolVed.
ARTICLE H.
The Object Of this corporation shall be the Inapu.
Coating. and the application Of said Waterproof
Coating tor all useful purposes according to patent
teenty seven issued 10y the governme of the
United States thu iourth Of May 1859, to Emile
fers unto the said corporation all and singular his
rights thereuu der which rights the said corpor ion
in turn may also sell or transfer IN part or special
purposes of Utility 70 other corporations therein.
The capita OF said Com pany is fixed at the n
of twenty thousand dollars, represented by twenty
shares of one thousand dollars each. all of which
have been paid in cash; and for transfer OF is
patent rights as aforesaid f. v Audibert is reCog-
nized as the holder of ten such shares, which are
desmed paid up at this time to the extent OF one
thou aand dollars per share and not lab e TO any
contributions assessments whatever This
poration shall commence its business from tae date
of these presents. Every TRANSFER of stock shall be
made tae books of tine ONT on. and be signed
by the transferer OR his duly appointed agent
ARTICLE "
The brsne OF this corporation shall be conduct
ed by all the stockholders VINO shall meet for hat
purpose on the first Monday ct each month. A
quorum OF five sh all ct sill times b. sufficient for the
transaction Of bus At ther'rst mont hy meet
ing they shall appoint one OF thelrlumber President
who may be also the Super nter dent OF the CORPORA
ton. and ore Secretary. who maybe also the Urea
surer thereof The last day of SDT of every yenr
q amount sh owing the balance OF the bu sness may
then be divided, if it be deemed proper to DO so.
Z he corporation shall have the light to csntract,
lease, b ROW money. and N ks sill compromises
,essary carry the principal business thereof,
ard to invest mort 5ecurit! and real estate
it's profits. The CORPORATION shall and be sued
in It's porate capacity, and plea and be i'm pleaded
accord ngy a majority of tie stockholders sh all
be required for he deterDI nation such questions
arise at any meeting, provided alwdy5 that
tee holder OF one share OF stock shi be entitled TO
one vote, ne holder of two shares bf stock to two
VOTES tine holder OF five shares jlre votes, and the
holder of ten or more four votes.