New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-04-25

NEW ORLEANS AND HAVANA
sssauship and Lsuefy Csnpaay.
No: II casondeIet street (up stairsl.
srATR OF OBSERVATION-DISCLOSURES OF ORLEANS,
tVis % CTTY OF NEW ORLRANS.e 49,.

= W CITI OF NEW ORLkANH.e -si
| Beit known thst ON this the tenth day Of April
in the year Of our Lord one thousand eight hundre<
United the before 2,
Of Orleans, State Of Louisiana, duly commissionet
named end 81
3. Tomatis, James benton, John B. Desangies, W
Hyllested William Bluhme. Samuel J. Seymour
Emile Bouny. Joseph Lang and J. A. Quintero, al
Of this city, who severally declared that, awaiting
utes Of the State Of Louisiana authorizing the or
ganization Of corporations, they have agreed and
hereby bind themselves and their successors, and
into q corporation for the objects and under the
stpulatOns and obligations Of the said statutes Of
Louisiana aud the charter hereinafter set forth, to
wit:
ARTICLE
sEcr.os |; TIM corporation shall be known and
SHIP AND LOTTERY COMPANY
SIC. .. Its d0micle shall be at New Orleans, par.
isll Of Orleans, State Of Louisiana.
ARTICLE H.
ration are to establish line of steamships Of not
less than four vesseis. to be propelled wholly or
partially by steam and to own, manage and main.
Cuba and the city of New Orleans State of Louisi.
ana, or other ports within the United States, for
the transportation Of passsngers, freights and
NOSNcp
such other constructions which may be necessary
to the building and repairing of vessels to acquire
and hold real estate or personal property for its
SEC 2. To obtain the requisite amount of money
to purchase, or to build and complete in every par
tcular said vessels and to maintain the same, 1t is
proposed by this corporation, as o means to carry
out its purposes, to establish and organize lottery
and branches thereof, and if necessary Throughout
the State OF AOuisiana, or in any other State and
to conduct, maintain and manage them, and all
things sppertaining to the drawings OF said lot
SIC. D. To sell lottery; policy and combination
tickets certificates. and fractional parts thereof
of this corporation and other lottery corporations
companies, associations or individuals.
SEC. T. The President shall be the proper person
on whom all citations and legal instruments Ut writ.
ARTICLE I'LL
SECTION l. The capital stock of this corporation
Is fixed ut five hundred thousand dollars repre-
lars each.
The capital stock NAV be increased tn an amount
not exceeding one million dollars by q majority Of
the directors At apy regular meeting; providing
notice has been given at a precedng regular meet
SEC. T. Two and half per cent on each share of
stock subscribed to shall Ike paid to the treasurer
OF TINS corporation at the time OF subscribing, or
half per. cent additional shall be paid sixty days
after date Of subscribing, and no more payments
Of stock shalf be issued only when two install.
ments shall have been paid
SEE B.. When two Thousand and FIVE hundred
shares shall have been subscribed, this corpora
tiOn shall be considered organized
Four directors shall form and constitute quo
and authority to transact and perform ali and any
business of the corporation, and all of which shall
be and is hereby declared binding upon the cor.
SEC. T. The officers of this corporation shall be
the directors, the president, the vice president
the secretary, the treasurer, the manager, and the
SEC. S. This corporation shall have the power
to adopt common seal. with such device and
quorum of the directors To and he s,ied in
its corporate name; to buy, own, hold, receive,
erty and to do all things incidental to corpora
tons.
SEC. s. No subscriber or stockholder shall ever
be held liable or held responsible for the contracts
faults or losses Of this corporation beyond his her
Or their subscription or stock shall any inform
aiity in the organization of this corporation have
the effect Of rendering this charter null and void.
SIC: Z: majority IF quorum of the direct
ors shall cause to be paid every three months,
all lottery policy and combn alton tickets devices.
certificates and fractional parts thereof five per
cent inters st on the face value of each share 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 apart and reserved for the 70
purchase or build own, maintain and manare: not
less than four steamships, and when said earnings
after the payment OF the interest as above re-
Y ln0alSan0
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-
luired for this corporation, per section first of
article second.
SEC. g. Should any subscriber not nav his her. |
Dr. their subscription upon demand Of the Treas
lrer, and their second nstallment within five DAYS
after being notified of said dues by the Treasurer
Dr. the President their shares and all amounts pad
thereon. shall be forfeited to and become the prop
.rty OF this corporation, without recourse to jl.
icjai proceedings.
ARTICLE w.
SECTION l. The following named persons: to wit: |
BENJAMIN Bloomfield, James Benton, T. TOmatis |
nQRQnHlaS HILL tod II