New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-05-05
CORPORATIONS.
NEW ORLEANS AND HAVANA
steamship and Lottery Company.
No. 122 Carondelet street (up stsirs).
STATE OF LoUIsIANA-PARIsH OF ORLEANS,
CITYsOF NEW ORLEANS.

BE it known that on this the tenth day of April,
in the year Of Lord one Thousand eight hundred
and seveuty-one and of the independence of the
United states OF america the ninety before me-
of Orleans, State of Louisiana, duly commissioned
and qualified. and In the presence of the wit
sonally came and appeared Benjamin Bloomfield,
K. Tomatis James Benton, John B. Desanges, W.
Hyllested. william Bluhme, Samuel J. Seymour,
Emile B0uny, Joseph Lang and j. A. Quinter0, all
of this city who severaly declared that, awaiting
themselves of the several provisions of the stat
Rtes of the State of Louisiana, authorizing the
ganization of corporations, they have agreed and
hereby bind themselves and their successors and
those whom they represent to form themselves
stpulations and obligations of the said statutes of
Louisiana and the charter hereinafter set FORTH to
wit:
STYLED the NEW ORLEANS AND HAVANA STEAM
SHIP AND LOTTERY COMPANY.
SEC 2. Its domicile shall be at New Orleans, par
ish of Orleans, State of louisiana
ARTICLE H.
Sscr1oy l. The purpose and object of this corpo-
ration are to establish line of steamships of not
less than four vessels, to be propelled wholly or
partially by steam, and to own, manage and main.
tain the same, to run between Havana, Island of
Cuba, and the city of New Orleans. State of Lousi
ana or her ports within the United States, for
the transportation of passengers, freights and
mails; to construct docks, wharyes, buildings and
such other constructions which may be necessary
to the building and repairing of vessels to acquire
and hold real estate OF personal property for Its
and benefit.
SEC O. To obtain the requisite amount of money
to purchase or to build and complete in every par
ticuar said vessels, and to maintain the same 1t is
proposed by this corporation, as a means to carry
out its purposes to esta bish and organize lottery
series of lotteries in the city of New Orleans,
and branch hes thereof and if necessary throughout
the State OF Louisiana, or in any other State and
to conduct maintain and manage them and all
things appertainipS to the drawings OF said lot
teries. s. e...- r.F b.
SEC-3. To sell lottery. policy and combination
tickets, certificates and fractional parts thereof
of this corporation, and other lottery corporations
companies, associations or individuals
SEC. 4. The President shall be the proper person
on whom all citations and legal instruments of writ
ing shall be served.
ARTICLE III
SECTION l. The capital stock of this corporation
is fixed at five hundred thousand dollars, repre-
sented by five thousand shares OF one hundred dol
The capital stock may be increased to an amount
not exceeding one million dollars by majority of
the directors at any regular meeting providing
notice has been given at preceding regular meet
ing.
stock subscribed to shall be paid to the treasurer
of this corporation at the time of subscribing,
upon the demand Of said treasurer, and two ard
half per cent additional shall be paid sixty days
after date of subscribing, and no more payments
shall ever be payable or demanded. Certificates
of stock shalt be issued only when two INSTALL
SEC. 3. When two Thousand and five hundred
shares shall have been subscribed, this corpora
ton shall be considered organized.
Four directors shall form and constitute quo
rum, and majority of whom shall have the power
and authority to transact and perform all and any
business of the corporation, and all of which shall
be and is hereby declared binding upon the cor
poration.
the directors, the president, the vice president
the secretary, the treasurer, the manager and the
attorneys.
to adopt a common seal, with such device and
motto, may be prescribed by a majority of a
quorum Of the directors. To and be sued in
its corporate naRe; to buy, own, hold, receive,
sell, transfer. or ALLEVIATE real and personal prop
erty, and to do all things incidental to corpora
tons.
SEC. s No subscriber or stakeholder shalf ever
be held liable or held responsible for the contracts
faults or losses of this corporation beyond his her
or their subscription stock, nor shall any inform
atty in the organization of this corporation have
the effect of rendering this charter null and void.
SIC: l. A majority OF quorum of the direct
ors shall cause to be paid every three months,
from the net earnings of the lotteries and sale of
all lottery, policy and combination tickets, devices
certificates and fractional parts thereof five per
cent intert the face value of each share to the
owners thereof or their assigns commencing and
dating three months from the first drawing of the
lottery; and the residue of the said net earnings
shall be set apart and reserved for the purposes to
purchase or build, own maintain and manage not
less than four steamships and when said earnings,
after the payment of the interest above
quired shall have reached one hundred thousand
dollars, immediate and necessary steps shall be
taken by the president of this corporation to pur
chase or contract to have built and completed, in
every particular, one of the four steamships
quired for this corporation, as per section first OF
article second.
SEC. g. Should any subscriber not pay his, her,
or their subscription upon demand of the Treas
urer, and their second nstalllnent within five days
after being notified of said dues by the Treasurer
the President their shares and all amounts paid
thereon. shall be forfeited and become the prop
erty of this corporation, without recourse to jul
dcial proceedings.
ARTICLE w.