New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-04-26
NEvvsoRLEA1se AND HAVANA
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NJ. II Casondelst street tup stairsl.
STATE observation-disclosures OF ORLEANS,
CIT OF NRw ORLEANS.

CITY OF MEW ORLEANS.
n Il known that ON .this the tenth day Of April
In the year of our Loed one thoussnd eight hundred
and seventy one, and Of the Independence of the
Eusele Bouny, notary public in and for the parish
OF Orleans, state Of Louisiana, duly commissioned
and susSS a1a in the Of the Wit
sonslly came and appeared Benjamin Bloomfield,
Z Tomatis, James Benton, John B. Desangles, ".
Hyllested, William Bluhme. samuel J. Seymour
Emile Bouny, Joseph Lang and J. A. Quintero, ali
Of this city, who severslly declared that. awaiting
themselves Of the several provisions OF the stat.
hereby bind themselves and their successors, and
sy
atpuatO1s and cations 1T the said statutes of
Louisiana aud the charter hereinafter forth, to
wit:
ARTICLE l..
styled the NEW ORLEANS AND HAVANA STEAM u
SHIP AND LOTTERY COMPANY.
SIC. 2. Its dOmicile shall be ut New Orleans, par.
ish Of Orleans, State Of Louisiana.
ARTICLE II.
SKcr,ox 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.
Cuba and the city Of New Orleans. State Of Louisi
ans, or other ports within the United States, for
the transportation Of passengers, fteights and
such other constructions which may be necessary
to the building and repairing of vessels; to acquire
own use and benefit
SIC. 2. To obtain the requisite amount Of money
to purchase or to build and complete iu every par.
ticular said vessels and to maintain the same il is
proposed by this corporation as a means to carry
out its purposes to establish and organize lottery
or series Of lotteries, in the city Of New Orleans,
and branches thereof, and necessary, throughout
the State of Louisiana, or in any other State and
to conduct maintain and manage them, and all
things appertaining to the drawings Of said lot
sKc. 3. To sell lottery; policy and. combination
tickets, cert icat~s, and fractional parts thereof
of this corporation and other lottery corporations
companies, associations individuals.
SEC. 4. The President shall be the proper person
on whom all citations aud legal instruments Of writ
ing shau be served.
ARTICLE III.
sxcrlox l. The captpal stock of this corporation
is fixed at five hundred thousand dollars, repre-
scented by five thoucand shares Of hundred dol
lars each.
The capital stock may be increased to an amount
not exceeding one million dollars by a majority Of
the directors at any regular meeting; providing
notice has been given at preceding regular meet
Sxc. 2. Two and half per cent on each share of
stock subscribed to shall Le paid the treasurer
Of this corporation at the time OF subscribing or
upon the demand Of said treasurer, and two ard Q
half per cent additional shall be paid sixty days
after ate date Of subscribing, and no more payments
Of stock shall Ge issued only when two install.
ments shall have been paid
SEC. g. When two thousand and five hundred
shares shall have been subscribed, this corpora.
ton shall he considered organized.
-Four directors shall form and constitute a quo
rum ana majority Of whom shall have the power
business Of the corporation. and all Of which shall
he and is hereby declared binding upon the cor
SIC. L. The officers Of this corporation shall be
the directors the president, the vice president,
the secretary, the treasurer, the manager aud the
SEC. S. This corporation shall have the power
to adopt common seal, with such device and
quorum Of the directors To she and be sued in
it's corporate name; to buy, own hold, receive
SELL transfer, or ALLEVIATE real and personal prop.
erty. aud to do all things incidental to corpora
TONS
SEC. s. No subscriber or stockholder shall ever
be held liable held responsible for the Contracts
faults or losses OF this cor poratiOn beyond his her
or their subscription stock shall any inform
atty in the organization of this corporation have
SEC. Z. majority If 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 interest on 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 re-
QulIeO, Sudll nave 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 re-
lured 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 installMent within five DAYS
after being notified Of said dues by the Treasurer
Or the President their shares and all amounts paid
thereon, shall be forfeited to and become the prop
erty Of this corporation, without recourse to ia.
dciai proceedings. |
ARTICLE w.
SRCTIOS l. The following named persons; to wit: |
Benjamin Bloomfield, James Benton, E. Tomatis |
John B. Desaugles. W. Hylleeted, William Bluhme. |
samuel J. Seymour, Emile BOuny. Joseph Lang and |
J. A. QuinterO, are hereby appointed constituted
Ind declared the first Board Of Directors for this
corporation, with the following officers The said |
BENJAMIN Bloomfield rs President, said 4. Tomatis
"a Vice President. the said William Bluhme as
Treasurer, the said j. A. QuinterO Secretary, the
'aid james Benton as Manager, and the ATTORNEYS
who may he appointed by the President; all of
whom, with the aforesaid directors, shall and
lOld their respective positions until the third Mon
lay in May, 1875, and until their successors are
elected and qualified.
SEC 2. Any vacancy occurring in said Board of
Directors shall be filled by majority of QUORUM
# the directors, who shall also appoint all agents
Jerks and employees that may be required aud fix
heir respective salaries, and also designate their