New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-02-17
CORPORATIONS.
CHARTER.
QUARTER. ...............

4 4
STATE Lrr!s,ASA.(
City OF New Orleans. :
Be it known that on this fourth day Of January.
in te year OF Lord Thousand sight hundred
and s4vent one, before me, Robert Joseph ktr
notary public i'll and for the city OF New Orleans,
parish of Orleans. state OF Louisiana duly
rIissiontd and qualified and in presence of the
witnesses hereinafter named and undersigned
Davis Henry A. Peel.r, Robert J. Ker william K.
Fish, N. A. SouthwOrth and James =. Casey All
residing i'll this city, who declared that, intending
TO organize themselves into :. Corporation under
the provisions OF the constitution and of an ac; OF
the General Assembly Of this State. entitled -
ac; for the organization OF corporations Tor works
of public improvement and utIfty, approved
March Il, 1870 and TO secure ;sn! el"y tie nights,
privileges and powers ot body corporate and POI!
lite they DO hereby declare and specify, ii an
authentic form, the purposes and objects OF the
said Corporation the name. style and ;!t!e the1eo'
the place chosen for It's dcnlslt the ofhctts on
whom citation may be served, wiki powers OF cor
poratfon and object OF organization and manner OF
organization the manner III which Its elections sni.!
9e held and qualification Of electors the 1nisefs
and their election the officers a1u manner Oh al'
Iointment. the amount OF the cap1tI s,och. 'iG
mum Der of shares. the amount OF each share .aud
the time when and the manner III when payment
stock subscribed shall be made, general require
InuEts and mode OF liquidation OF Us Hairs Il, lt
termination OF its charter, as follows, TO WI:
ARTICLE l.
They, the said appeacers, their associates AID
Successors shall form body corporate and poItic
in law to be- known under the name and etyi- OF
THE LOUISIANA LAND IMPROVEMENT COM
PAN1 and Its dCm.cle shah p- ne CItN OF New
Orleans. aud al citations Shall be served on is
President, and by sand corporate name eiiii iii.'e
power TO contract 10 sue and Ice sued. 20 hold, par
chase. acquire sell and transfer properly Of any
dtscription-rtal. personal and ni.NtC-Iu tbs
STATE and may establish common sea. and the
use, alter break and abolish al pleasure.
ARTICLE. H.
The object for which Ems Corporation
is orga nzed and established, Is 10 acGure terla m
and improve swamp ovtif""ed AID o;!itf .ascs
to sell or lease them, and 20 MAKE such woINs OF
public Improvement as may te necessary :" r.
claim and improve such lands and 70 iac.-!iatt
nav VACATION.
This Corporation shall be organized wi.f..n
delay of ninety days and lie arpe'tl'rs it"Vt
the first genera! election hereinafter provided I"r
They shall open HOOKS OF subscription 10 Is cap
subscribing thereto and the Est!i!In"n.- TO To- pa d.
certificates OF stock shall 1t lesLeh sst' oy .iie
President and Secretary of TIE Board. !! ;!'!.s
fer shall bc valid unless made upon tie >.ork-htt rs
/ and surrender Of tn" certificate.
ARTICLE "
At each election each stocEEo}crr shall te en-
titled vote for each share o! SOCK Owned ny
hu. provided tat the SAME l's t-en transferred
to him within thirty days prier 10 sach elecIcn.
The Stockholders MAJ app' N; o.;'E stor ho-defs
10 represent them and cas-; Whatever votes s1t!c
stockholders "old have been tAiited !" wee
they present.
All the corporate powers of this Company STA
be exercised BIZ Board Of SIX directors stockton
ders to be elected az such s.iie and II l., sue ui
their successors are appointed.
ARTICLE VI
The ofiicersof this Corporation sha!l toe Pre-
dent, Chief Engineer. Treasurer and Secretary
who shall he elected by the Board OF Directors 70
hold office until their successors axe e-"c:'d
ARTICLE VII.
The capital stock OF this Corporation sha-l DC he
sum OF two iHihon dollars; uiVltet mi" t"ei.:F
thousand shares OF hundred dollars each. WIKI
the privilege Of increasing tie capita! stock ave
ARTICLE VII
No stakeholder shall be held liable or responsible
Tor the contracts acts OF the Company III any
further sum than the amount o. lis stock.
ARTICLE *
The said Corporation shall have power to make
and establish such rules, tru.a.ioils and bylaws
As mavf be necessary 10 cary on il business and
to regulate its affairs and may repeal or amend
the same occasion may require, 10 further AID
promote the object of its orsalliztt on provided
that the same be not contrary :" the constitution
of the United States and OF This State.
Should il become necessary 20 use, have. enter,
take any private property fer the p"!ose OF car
ryiug the works OF this Corporation and III the
event that il can not agree with tht owner OF
owners OF the same for is pure base sad Corpora
ton shall enioy all the privileges OF eAIroIla;LS
the same, conferred by law
The SAID Corporation shall have III! power al am
general meeting convened Tor that purpose after
thirty DAYS public notice, 70 max. any irodlhc"
,i0ns. aditio alterations 20 this present act
with the assent of tlireeteurths of the stock
represented at such notified meeting.
At the close Of this charter scooter # C.s-
solved. hereiubefure provided, there .i.aI! lie
three trustees elected under the rules governing
general elections. who shall have power 10 liquid
its affairs, sell It's property inu distribute the
proceeds.
THUS done and passed III ~ office at Eew Or
leans on the day and date aforesaid III presence
oil M-ssrs. Alcee J. Ker ard Frank D. Seghers com
petent witnesses, who hereto .i@n their names:
together with sad arI@are!s and zee me notary
On git.al signed: WILLIAM DAVIS.
HENRY A. rEELER,
ROBERT J. kER
N. a \ Sao,rr1TiHwoRTH,