New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-15
CORPORATIONS.
CALCAsIEU SULPHUR
AND
MINING COMPANY OF LOUKsIANA.
UNITED STATES OF AMERICA, /
State Of Lonlsiana, Oity of Nav ORGANS.

UNITED STATES OF AMERICA
State Of Louisiana, Oity OF Nav orleans.
Belt known that this the third day of March,
in the year OF our Lord one thousand eignt nuu-
cred and seventy. and of the independence OF tne
United states of America the ninety fourth before
me. John e. Eusts, q notary public in and for me
city of New Or cans. State of Louisiana aforesaid,
duly commissioned and sworn. personally came ana
appeared the persons hereinafter namsd ana un-
dersigpes who severaly declared mat, av.iune
themselves of the provisions of statutes OF the
state of Louisiana relative TO the organlZAI o
Corporations in this state, they have agreed. and
bind themselves and those whom they represent, TO
form themselves into corporation for the oDIects'
and under the Ftipui4tions. resuations anu oo.s"-
tons following, to Wit:
ARTICLE FIRST,
Ths corporate name of this association shall pc
THE OALUASIEU SULPHUR AND MINING
COMPANY OF LOUISIANA" 49,,
It shall have cor porate SEAL and for device the
coat of arms of the State of Louisiana. ana ior an
Inscription the name of the company ana 1he oaoe
"a luis "''' ARTICLE SECOND
The place of business and the leg. domci. Of this
company snail be the city If New Orleans
ARTICLE THIRD.
The OBJ act of the association snail to purchase
a lease OF certain mineral lSaGS situate IN Inc
parish OF Cacaslsu in the state OF
of land, with the right to Dig bore and mine
Sn, sag la1S os t9 re o snd fo
Copper, Irou, Lead or other metals except only
mineral waters). which may be found on or beneath
sale lands and to taks carry away and sell the same
and receive the proceeds OF the same ana FOR exer-
cising such other powers and privileges as may De
necessary for the business sppertalnlng tnereto Or
which are or may hereafter be conferred upon II.
ARTICLE FOURTH.
The capital stock of this Association is hereby
fixed at seven hundred and fifty thousand dollars,
represented by fifteen thousand shares OF nfty doi
lars each. Three thousand seven hundred and nifty
shares of said stock is the property Of Truxton Low
| ell and three thousand seven hundred and fifty
shares of said STOCK is the property OF Mistress
Widow HIare Escoubss. and snail os deemen as
per share and full paid stock not liable to any CON
trbutons or assessments: Two thousand nve nun
der Bonneval and his associates and shall be
deemed paid up. to the extent OF tnriy'nVa 90 :
p al ess no. the othsr Shares Of stock shall
have been taken and shall have paid tnrty-hve DOL.
per ssook sbs payabs at the time Of
scripton. and the remainder shall % PAID AZ the
time and in the manner determined py the boatd OF
per share of such subscription snal be called ior AZ
any time, and not oItener than once IN tblrty
DAYS and provi ted further, that ubscrber shall
| be called on for move than fifty dollars per share,
! and his stock be then considered as fully paid:
| Should any sub cribsr or stockholder neglect or
refuse TO pay punctuaiy his instruments as they fall
due interest thereon shall be added at the rate OF
eli /. bit per cent per annum from maturity till pay
| meut and If said payments De not made within
| thirty days after the specified time OF payments
| ing any shares on which IpstallInents may be due
to be sold at public auction or othe-wlse afer ter
|
the city of New Orleans Of recovering by suit 81
| law tbs amount due.
ARTICLE FIFTH.
| The said corporation hereby assumes al. the obi
gatops OF Alexander BonneVai and others un7er Int
provisions and terms OF contract OF date the snrs
day of March, 1870, by and between Truxton Lowell
and Mrs. sioow Hilsre Esco9bas. deposited and
| act of deposit bearing date the seventh day o
Msrch, 1876 granting to SAID Aiexander b2nne Tvs
| term of nInety.nine years for mining purposes
as set forth and expressed IN SAID contract, uhct
| contract is hereby referred to, and certlnef
Rnd this corporatcn hereby obligates itself to d.
and perform every obligation condition ana re
1aireent in said contract contained and to 10 tn
slid Alexander Bonueval and others his associates
harmless from all LIABILITY growing out OF inc non
And tie said Alexander Bonneval and others, hi
associates, for the consideration herein expressed
and contained does hereby transfer, assign, conve
| and abandon auto this corporation ali the right
| ard privileges granted conveyed to him AM
them by said contract with all the rights and fran
| chise5 therein contained. to 1aVe, hoo ana 10
the same as fully and as freely though said con
tract had bsen made directly with this corporation
| Three thousand seven hundred and fifty shares o
| the stock of said company shan be the property o
said Truxton Lowell three Thousand seven hun
dred and fifty shares shall De the property OF SAT-
| Mrs Widow Hilaire Escoubas; two thousand nv
hundred shares Of said atock snail be the propert
| of Alexander Bonueval and his associates upo
payment of ten dollars per share. and men snail
dollars per share. and not liable to calls Tor furthe
contributors until all the other shares snali nav
been paid to thirty-tivs dollars per share, an
thereafter ali the stock. consisting OF twenty nv
hundred shares, heretofore assigned to Alezande
| RonneyaI and his associates, and ned By them,
Aforesaid or their assigns Dferees, shall stan
upon the same footing, and shall contribute equalil
| share and share alike to the necessities and r.
| aulrenents OF said corporation, in conformity Wit
Iae provisions OF article four OF tnis caarte'
ARTICLE SIXTH.
This corporation snail go into effect ant con
Caeace operations from the date hereof
ARTICLE SEVENTH
| This charter nay be modified or altered, and t.
| csoltal stock may 10 increased with the consent
, | threetourths OF the stock represented IN geuert
meeting of the stockholders convened for that pu
pose after thirty days notice By publication in an
| daily newspaper of the city OF New DREAMS;
Whenever increase OF tine capital stock shai. {
duly authorized ninety DAYS notice of the sam
snail b published IN two daily newspapers in I'll
city of New Orleans. within which ting stockhoide
snail bsve the first privilege or taxing aoditlon;
SHARES in proportion TO the amount OF their stool
and any shares not taken at the expiration OF tn
, tune may be disposed o; oy the Directors for II
benefit or the corporation
ARTICLE EIGHTH.
All business of the corporation shall % manage
| by Board Of Directors, consisting OF llne otoc
| holders. each OF whom shall hold in bis own rig
C | But the Board OF Directors nay De increased
twelve when all the shares OF the capital stock sha
I | have been taken
ARTICLE NINTH.
! Ths following named Stockholders viz; Pa
. Fourchy, ;. d: Kennedy. b koont2 Annie
Q | Fortier Carl Kohu, Alexander Bonnsval, Hen
t Peycnaud, Truxton Lowell T. Il: summers, sht
corn pose and are hereby constituted. the nr
# | Board of directors who shall, a, sheir first NEE
# ing elect one of their NUMBER President OF sd
Board and shall until superseded by their 81
: cessors who shall De elected provided IN artIc
= ! tsntn.
. ARTICLE TENTH
}, Or, the second Monday of January. 1872, and q
y nuai!y thereafter, an e!eGuon ct Directors OF l
.tock holders shall be held at The Office OF the c.
d poration for which election previous notice OF
days shall De given IN TWO newspapers pd o!lsaed
: the city Of New Orleans.
,r ARTICLE ELEVENTH.
" A oinralItv of votes. coun tug one vote FOR
Ia share of stock voted upon, bat ooe stock mold
r mall vote on more than five hundred shares, sl'
he sufficient to elect Directors no shall at the
N first meeting after their election choose OF the
ia nun Der for President of this corporation, and sa
| ulartinn shall he by q majority the Whole boar