New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-06-12
CORPORATIONS.
CHAkTE R.......-............ CHARTE6 d.
STATE OF LOUISIANA.

Before me. Joseph Cuvillier. a notary public fer
the parish Of Orr cans sud the city of New Orleans.
andre Pep,n. Jean Baptiste 0amors, Joseph Tar
cote. Honore Labssse. Joseph Bayle,, francois
others, who declared that. availng them selves of
the rights afforded by an act approved on the four
ganizaton OF corporations for works OF public i'm
provement and utility" they have agreed to asso.
'THE EGsPTIAN WATER Proof OOATING.S
fort. and to conduct the business Herewith con.
nected. as hereinafter set forth, the said Corpora
have accordingly established the following charter
ARTICLE 1.
The name of said corporation shall be THE Egypt.
ian aterproof eating Company of New Orleans.'
leans, and the title shah be engraved in full around
ITS SEAL IN the centre of which shall be SPHINX.
This corporation shall exist for twenty-five years,
unless sooner lawfully dissolved.
ARTICLE H.
The object of this corporation shall be the manu-.
fsetare and the s sale Of the Egyptian Ws.srproot
Coating tor all useful purposes, according to patent
number eighty nine thousand seven hundred and
twenty seven. issued by the government of the
United States on the fourth of May, 1862 to Emile
Victor Audioert of New Orleans, VINO hereby trans-
rights Hereunder. which rights the said corporation
purposes OF utility to other corporations therein.
ARTICLE III.
The capital of said Com pany is fixed at tie sum
OF twenty thousand dollars, represented by twenty
shares OF one thousand dollars each. all of WHICH
patent rights as aforesaid E. v. Audbert is recog-
nized as the holder Of ten such shares. which are
deemed paid up at this time to the extent of oce
Thousand dollars per share, and not liable to sny
contributions or assessments whatever. This cor
poratiOn shall commence its business from the date
OF these presents. Every transfer of stock shall be
made on the books of the corporation and be signed
py the transierer or his duly appointed agent.
ARTICLE w.
The busine of this corporation shall be conduct.
ed by all the stock holders VINO shall meet for nat
quorum Of five shall all times be sufficient for the
transaction Of business At their first monthly meet.
who may be also the superintend Of the corpora
sUn ana b who may be also the Urea
an amount showing the balance Of the business shall
pe struck b and the profits Of said business
The corporation shall have the right to c. ntract.
lease, borrow money and make all compromises
and to invest in mortgage security and real estate
its profits. The corporation shall sue and be sued
accordingly: majority Of the stock6olders snsii
be required for the determination such Questions
the holder Of one share Of stock shall be emitted TO-
one vote me holder Of two shares Of stock to two
holder OF ten or more four votes.
ARTICLE v.
The President is the legal representative of the
corporation; all citations and other legal notices
concerning the CORPORATION shall be served upon
date OF his election, but at the end of said no
shall be re eligible 1t shall DE his duty
general supervision the affairs of the corpo.
ration, and to promote its welfare. In case Of the
dsath or resignst of the President o, Secretary,
the, stockholders shall proceed to the election Of
their for the remainder of the unexpred
term. In case of temporary disability a President
Ere, ident shall never act as secretary, and it shall
not be compete for the Secretary at any time to
discharge the functions of the President.
ARTICLE VI
1t shsll be the duty of the Secratarv IN kaeo a
record OF the proceedings OF the stockholders and
the stock holders balance shest at the end of each
month showing the true eopsiton of the accounts
of the seal Of the corporation, and. together with
the PRESIDENT, shall sign all checks legally drawn,
ard sls9 all Sercates Of shares and a to the
ton. Hi. term of office shall be year from the
date OF his election but at the end Of said term 10
ARTICLE VII.
In no event shall the stockholders be responsible
for losses or damages which may be sustained by
by them respectively owned and ali new stockhold-
ers shall bind themselves to comply with the reguls
made by way Of amenoment hereafter. The PRESENT.
charter shall not be altered amended, except by
counted in the manner hereinbefore set forth; and
no amen mept shall be finally acted upon unless
eutive meetings. Any stockho ders, BY lawful man.
cate or power OF attorney may authorize an attol
ney IN TACT to vote for him and IN MS name place
ARTICLE Will
Upon the expiration of the term of the existence
of the corporation herein fixed the liquidation and
thereof shall be effected by three of the
residing in New Orleans. to be chosen
by an election held for that purpose They shall
have power to settle and wind up the business of
this corporation by public or private sale of it's
and the division of the profits thereof to-
gether with the division of all of it's other assests
pro rata among the stockholders after the settle
ment BY payment, compromise, transfer or other.
wise on all its liabilities The said oudators shall
have one year from the date OF their appointment
to resume that liquidation.
Thus done and passed in my office on this thr.
tieth day of pril 1870 in the presence of Theodue
Buisson and George Gunault, competent witnesses
ding IN this city who have signed these presents
together with the appearcrs. and me- notary, alter
a due reading of the whole.
Signed:
A. Pepin, j. B. Camors
j. Turcotte, II Labasse
Joseph Baye. f. &. Barriere,
Il. V. Audibert.
Signed:
GGE HGo1T LIB BuIssoN' Witnesses.
j. o. VILLIER. Notary Public.
L. the undersigned. Recorder of MORTGAGES in and
Tor this city and parish of Orleans and State OF
Louisiana, do hereby certify that the VIII hin Charter
has been recorded in my Office in Book Society num-
nrfrbt tAIFD min Attr ..nAn Vo-