New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-03-22
CHARTER.
(Ni.ARTEk

II
STATE OF LOUISIANA CITY OF NEW ORLEANS.
Be il known that this seventh day of March,
in the OF our Lord one Thousand eight hundred
and sevtntv-one before me. Robert Joseph ker.
notary public in and for the city OF New Orleans,
parish OF orleans, State OF Louisiana duly
ni>siontd and qualified, and in presence of the
witnesses hereinafter named and undersigned,
personally came and appeared the persons whose
names hcreunto Subscribed, no declared that,
awaiting themselves of the provisions al thr laws
Of the State OF Louisiana. providing. for the or
-anzati"n of corporations for works OF public I'M
provenrnt and for other purposes, they have
agreed to form Themselves into and to constitute
a corporation for the objects and PURPOSES. and
under the following articles and stipuIation>, TO
vii:
ARTICLE l.
The name and style OF thi, corporation shall he
The Alabama Hydro Carbon GashGht Company
and its colncilt shall BE- establishes N the city OF
New Orleans. State of Louisiana, with the right OF
removing and establishing its i"mclir within the
state OF Alabama by a reso utlon OF the Board OF
Directors to h' Appointed and to contiauc III Office
as Is hereinafter provided tor.
ARTICLE II.
The purpose for which this corporation is cstab
lisll.d Is 10 employ Slop.rs HYDRO Carbon tias
Apparatus" patented twentieth July, 1869, No.
1882, and to employ and the SAID apparatus in
the State OF Alabama especially iol the btncnt OF
served on the president acting president OF said
corporation; and the said corporation shall have
the right of using corporate seal.
ARTICLE III.
sum OF one hundred and fifty thousand dollars
divided INTO titte. hundred shares OF hundred
dollar, each which shall be- assessed NJ twenty
per otntum, ana when pad IN cash the SAT-: stock
shall be considered fully paid. and uo further as
scsslntnt snail ever be made.
ARTICLE ".
The business OF SAID rotporatioa SHALL
be- Coufded I" i've directors witt! the
s S", by Desonnn %" the B I of Hr TO-, sg
the time being. The Board of Directors, shall be
chosen by the Stockholders at the first election
held under this charter and to hold otfic, until
their successors duly elected and utr,litied.
The first election of directors under this charter
snail take place on the second "Wednesday OF JaHu-
'iIN, 1877 and thereafter on the second "Wednesday
"t each and every year At the first monthly meet
M after their election the directors shall proceed
to the election Of the officers OF this corporation,
ana all the officers of the said corporation shall
continue Ill office until their Successors have been
nnH elected and have quahed. The officers OF
inns corporation shalt be president president pro
lem treasurer, secretary and superintendent The
Board OF Directors shall have the right of making
ali bylaws and regulations they may deem nece>
siry Tor the general interest Of this corporation,
consistent with the provisions OF thl' charttf and
SllaiI have power to nil all vacancies winch may
occur from any cause Whatever
ARTICLE V.
The following persons shall constitute the first
Board of Directors and shall hold office for one.
year from the date of this charter, and until the
election and qualification OF the" successors,
MEYER STERN. ISAAC STERN
HENRY STERN, GEORGE INGRAM,
HENRY SEIDENBACH.
ARTICLE VI
This charter may he amended or modified and
thu. ptal stock ruay be increased with the con
sent OF :hrtrtourth rs OF the stock represented at
o,u. ral meeting of the stock hoers couy en.d for
the purpose at til. place of donicile said corpora
ton after thirty days public notice in one OF the
public papers published in Tn. StaJ, of Alahan,a
but no amendment shall be made unless tie SAINT.
shall have been presented and read at two con.
srcutive NEE inSs and adopted as aforesaid; and