New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-03-23
CHARTER.
4 tRARTEK.

STATE OF LOUISIANA, CITY OF NEW ORLEANS.
b., it known that this seventh day of March
in tn. of Lord one Thousand eight hundred
and styenty-onc, before me Robert Joseph k"r, IA
notary public in and for the city o1 New Orleans,
parish OF orleans. State OF Louisiana, duly com
mi-sionrd and qualified, and i'll presence of the
witnesses hereinafter named and undersigned,
personally came and appeared the persons whose
names are hrrcunto Subscribed who declared that,
ayaiIin. themselves of the provisions of the laws
of the State of Louisiana. providing. for the or
-anization of corporations Tor works OF public inn
prov.ment and for other purposes, they nave
a"r,,,i 10 form tl-ms.lvr, into and to constitute
a corporation tor the objects and purposes, AMI
under the following articles and etipulations, to
Wit:
TIL. name, and ,tvlr OF tins corporation shall he
Til" Alabama Iy,r" Carbon ;iaeli.ht Company
aN lis donicilr shall b. established in the city of
New Orleans, STATE OF Louisiana, with the right OF
rtmovin. and csabishin. its d"mcIlc within the
Stat" OF Alahama by resolution OF the board OF
Directors 10 be pointed and to continue III Office
ao /, hereinafter prov ldtd Tor.
ARTICLE II.
The purpose for which tins corporation i estah-
li,l,-d i, 10 employ Slippers Hydro Carbon Gas
Apparatus" patented twentieth July, Log, NJ"
" j'2 and to employ and use the SAID al1aihtu. III
tn. state OF Alabama especially tor til" brImnt OF
said corporal ION. and all legal proc, shall ",
served on the president actin. president OF ,''d
corporation. and the said corporation snail Rave
the right OF using Il corporate seal
ARTICLE III.
The ,,nital stock of TIM, corporation shall be the
sum Of one hundred and fifty Thousand dollars,
d, led int" fifteen hundred shares OF u,r hundl"n
dollars each which shall BE- a,scss", al twenty
per c-ntum. and when paid IN rasi the sal! stock
Shall IL, considered fully paid and lao further as
scssmtnt shall ever be- made.
ARTICLE Il.
The business of said corporation sail
he contilci t" i've directors Nitn the
seven by resolution of the Board of Directors tor
! the time being. The Board OF Directors shall be
chosen by Tia" Stockholders at the first election
| held under this charter. and I" hold Office until
| their Successors duly elected ana qualified.
The first election OF directors under this charter
shall take place on the second Wednesday of Janu-
uary l812 and thereafter on the second Wc,lue ,,la
of each and every year. At the inst monthly mrrt
iur after THEN election the director, shall ,rocc.
to the election at the Office of this corporal
| and all thu officers ct tin, said corporation shall
continue in "liic" until their successor, have been
duly elected and have uuahtd. The officer, 81
thi, corporation shalt be president, president ~,
tenn. Treasurer. secretary and superintendent. I'll,
Board nI directors SNAIL nave the iI@ht OF lnaihl4
| all bylaws and regulations they may deem nrr',
,ary Ton the general interest OF this corporation
consistent with the provisions of TIN, charter and
| shall have power to till all vacancies which may
| occur nom any cats" Whatever.
ARTICLE V.
The GLOWING persons shall constitute the ilrNt
Board OF Directors, and shall bold oIhcc f"i ONE
year from the date of this charter, and nn'l me
election AMI qualification OF thrr 7"''''s'i'
MEYER STERN. ISAAC STERN.
trFt r.
HENRY ShIDEEBACH
ARTICLE VI
| Til. .h,rt.r MAY. IN, amended modified an,
the. cnuitaI stock NAV h, increased with the con
Sent of thr,c.fourths OF the stock represented al
u.n.r 1 m, ti,,,, ot the stock hodrrs, convened io
th p,lo,e al liz. place q" ,omi'Ilr %: said corpora
i,u AFTER thirty ,aN- prbllr notc III on" of til,
| lul,.i, raprI, published III the State of Alabama
hut mo- amendment shall hc made unless tie sam,
-L,u hay, been presented and read at two con
s,ruti\. NEE in-,, and adopted As aforesaid; au'
.,,I,,,,r an increase of stock shall be authorize,
| ,h,rt, DAYS notice of the shall he pul
li.hrd i'll OF the public papers t.
, thr city of Sew Orleans, and ot tn
iubic papers OF the state OF Alabama. within
which time the Stockholders shall have the priv II
eye OF taking additional shares in proportion {
the amount OF the stock they may hold. and an
shares not taken at the expiration Of that TIM
may be taken by other persons but shall not h
taken under THEN par value.
ARTICLE VII.
| Upon the termination of this charter. as hxcd D
the laws OF Louisiana sooner if determined uT
and ordered by vote OF three tOurths OF th