New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-04-12

S';7
Y 3 s - u ~ 49, ~ 1Il
~ ~! p. e Il c.. ~
Is as ~ ~ - : - III ssls e = E.
$1,000 z 8he Nltaeeees ~ s-s7 ~
saasng.9S. gssssns..y. - q Ssssssts @ sesil11
wbo declared that, avsttng 80. -.
vi1pons 81 the lava Of the 0taee g ~,
yes 1 sss sSs d e
poses" they have agreed to to3 enS
md to cop5titute corporstion for sne e9eg, .sd
purposes. and under the foAsow"s s1''''e'
otipulations, to wit:
rs %ES. sn a; ;tSs e s
PANY" and it's dOmicile shall be established ~ tne
city Of New Orleans, State Of Louisiana, Win me
within the state Of Texas by . resolution OF re
Board Of Directors, to be appointed and to en-
tinue in Office ~ il hereinafter provided for'
h. ARTICLE IL
The purpose for which this corporation 10 essao-
lished il to employ and use SlOpere hydro-caro0n
gas apparatus" patented July TO- SSs no: u ~
State Of Texas exclusively, for the benent OF sara
corporation and all legal processes shall be served
poration. And the said corporation shall have the
right 0fusing Q corporate seal
ARTICLE III.
The capital stock of this corporation shall be the
sum of one hundred and fifty thousand dollars,
dollars each, which shares shall be assessed ct
twenty per centum and when paid in cash the said
stock shall be considered fully paid, and no further
assessment shall ever be called fer.
ARTICLE ".
The business Of said corporation shall be c"nfided
to i've directors with the right increase the num-
Der to seven resolution OF the Board of Directors
for the time being. The Board of Directors shall
be chosen by the stockholders at the first election
held under this charter, and to hold Office until
their successors duly elected and qualified The
take place On the second Vae Of January
1872, and thereafter on the second Wednesday OF
each and every succeeding year. At the first
shall proceed to the election officers said
corporation and all the officers of said corporation
shall continue in office until their successors have
been duly elected and have qualified. The officers
Of the corporation shall be q president, president
pro tenn, treasurer. secsetary and superintendent.
The Beard of Directors shall have the right of
making all bylaws aud regulations they may deem
necessary for the general interest of this corpora
and shall have power to fill all vacancies in their
body which may occur from any cause whatever.
Z ARTICLEv
The following persons shall constitute the first
Board of Directors aud shall. hold Office for one
year from the date. of this charter and until the
. successors,
wit: Meyer Stern, George Ingram Isaac Stern,
Henry stern and James Seidenbach.
ARTICLE VI
This charter may be amended or modified, and
the capital stock may be increased with the con-
sent Of three-fourths of the stock represented at
the purpose at the place Of dOmicile of the said
corporation, after thirty days public notice in
Of the public papers published in the city Of New
Orleans and one of the public papers published in
the State of Texas; but no amendment shall be
made unless the same has been presented and read
at two consecutive meesings and adopted as
shall he authorized, thirty days notice Of
tiA same shall be published In one Of the public
pSbsed in the state on Te.s
within which time the stockholders shall have the
privilege Of taking additional shares N proportion
shares not taken at the expiration Of that time
may be taken by other persons, but shall not be
taken under their par value.
ARTICLE VII
Upon the termination of this charter, as fixed by
the laws of the State of louisiana OF sooner il de-
termined upon and ordered by q vote of three
fourths Of the capital stock, cast at special meet
ing held for that purpose, notice Of which shall be
given for thirty days preceding in of the public
Of the newspapers published in the State of Texas
the liquidation and final settlement Of the affairs OF
this company shall he effected BY the election. at
general meeting of the stockholders, of three
i9uidatOrs who shall have full power to settle the
affairs and business Of this corporation detnitvely
to the interest of the stockholders.
hereto affixed and Cancelled.
on the day and date aforesaid, in presence of
Messrs. Alcee J. Ksr and Frank d. Seghers, c0mpe-
tent witnesses, who hereto sign their names, to-
gether with said appearers and me, notary. :.
Notary Public.
ALcxs ]. KxR
i II