New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-02-22
CHARTER.
( QUARTER

Parish of Orleans city of New Orleans. {
Be it known. that this twcnt y-tliird day OF he
thousand eight hundred and sevenI zone. and of
the Independence OF the United States OF America
the ninety fifth. before me William Joseph Castell.
"A notary public in and tor the parish OF Orleans.
State OF Louisiana, duly commissioned and quail
fed and i'll the presence ~ the witnesses hrreInai
ter named and under~i gned. personally appeared
William Hall. Michael Hahn. Rufus King Cutler.
Robert Lynne Henry Weber, Adolphe Bouchard
and Joseph d. TAYLOR, all OF the city of New Or
leans; Oth-llO j. Flagg. Robert Scott and Henry W.
Carney. OF the parish OF st. Charles who scverlly
declared that awaiting themselves of the provisions
OF the several statutes ~ the State OF Louisiana
relative Ia the organization Of corporations i'll this
State. that they have agreed. and bind themselves
and their successors. and these whom they pre-
sent I" form themselves into corporation tor the
objects and under the stpuiti ions uldt ions and
Obligations following, to Wit:
. ARTIcLEI
The corporate name OF this COMPANY shall be
THE RAMIE PLANTING AND NANUFACTCRlNG
COMPANl OF the parish OF 81. Charles, Louisiana.
ARTICLE IL.
The legal domiclc of the Company shall be in the
city OF New Orleans and all legal process shall be
served upon the President OF the Corporation.
ARTICLE III.
The objects of this Company shall be to purchase
from william Hall lease OF portion of the flagg
Plantation III the parish OF St Charles and STATE of
louisiana containing about one hundred tGol
acres. and other lands to the amount OF tive nun
drei $500 acres to lease and purchase other lands
whenever ii become, necessary, for the purpose OF
cutivatins the Ramie plant to prepare the fibre of
the same for market and TO exercise such powers
aud privileges as may be necessary tor conducting
the business appertaining thereto
ARTICLE ".
The capital stock OF the Company shall be Five
Hundred Thousand Dollars $500, 900 divided into
ten Thousand 0ooO) shares OF fifty dollars tf5Ol
each. and may be increased by vote OF IA majority
of the Stockholders. in proportion to the interests
owned by each.
Five thousand shares shall be reserved as full
paid and shall belong to William Ha |, who trans.
fcrs to the Company his lease OF the six hundred
(6oO) acres and who furnishes rimie roots, free of
charge sufficient to plant said six hundred acres.
OF these five thousand reserved and full paid
shares, the said William Hall has transferred, at
SIS per share-TO Michael Hahn five hundred
shares; to r. King Cutler tive hundred shares; TO
Henry Weber one hundred shares; to o. J. Flagg
one hundred shares to Robert Scott H. W. Carney,
A. Bouchard, Joseph d. Taylor and others thirteen
hundred slares-makins a total of twenty-five
twenty five hundred shares
OF the remaining five thousand shares, one thou
sand 0O0) shares shall be sold at five dollars $50
per share, and be deemed full paid; the other four
thousand (t0Ot) shares shall be sold at such price
mine. And no stakeholder in this corporation
shall ever BIZ liable for any sum beyond the amount
| OF bis stock.
ARTICLE V.
The business OF the Company shall be conducted
by a board OF eleven Directors, composed u the
| following stockholders, to wit:
! Michael Hahn, r. King Cutler,
Henry Weber Robert Lyme,
Joseph d. Taylor, OthellO J. Flag
Robert Scott Henry W. Canuey.
And they are hereby constituted the ttrst Board
of Directors who shall serve until their Successors
qualified.
They shall, at their first meeting elect from their
numbera President, Treasurer Secretary, General
Superintendent and Attorney.
On the third Monday in January. 1872. and an
nualy thereafter, there shall be held at the office
OF the Company an election for Directors.
Each stakeholder shall be entitled to one vote
| for each share held, and may vote either i'll per-
son or by proxy. plurality of votes will be sui
| hcent for election, but stakeholder shall
vote more than thousand shares.
The Directors shall at the first monthly meeting
after their election, choose from their number a
President, a Treasurer, a Secretary and General
Superintendent and Attorney, who shall hold their
offices for one year from date OF election, and UNI
| til their successors are qualified.
No shall be eligible to the position OF D
rector who does not hold at least five shares of the
capital stock, free from any dues to the Company
ARTICLE VI.
The charter NAV be altered Or amended by a
vote OF the stockholders who hold majority OF
shares.
ARTICLE VII
This liquidation of the affairs of thi. Company
shall he made by three Commissioners appointed
by the stockholders, at a meeting convened for
that purpose. after thirty days previous notice in
two ewspapers published in the city OF New Or
ARTICLE VIII
This Company shall go into operation from and
after this date, and the following named persons
chosen officers to serve until the thlrd Mon
day in January, 1872:
WILLIAM HALL. President.
HENRY WEBER. Treasurer;
JOSEPH BOUCHARD Secretary;
WILLIAM HALL. General SupeIinicn
II. KING CUTLER, Attorney.
United States internal revenue stamps amounting
to twenty five cents ai yed hereto, duly cancelled
at the execution hereof
Thus done and passed in my Office at New Or
leans aforesaid the day month and year first above
written. in the presence of Lawrence Mccormack
and Harris Murphy, witnesses of lawful age
aoinicated IN this city, who hereunto.gn their
names with the parties and me. the said notary
after the reading Of these presents:
MICHAEL HAHN,
WILLIAM HALL,
A. BOCCHARD
H. WEBER
r. KING CUTLER,
ROBERT LYNNE
LAWRENCE MCCORMACK,
HARRIS MURPHY
". J. CASTELL,
Jazz rs feS IL ~ Notary Public