Semi-weekly Louisianian. [volume] (New Orleans, La.) 1871-1872, 1871-07-13

~
An Act.

No. Al.
An ACT.
To promote the interest of commerce by
establishing the Louisiana Warehouse
Company. and guaranteeing the bonds
thereof
Section l. Be it enectei by the Senate
and House of Representatives Of the State
Louisiana in General Assembly convened,
That L. A. Sheldon, J. R. West A. Parish,
Joseph Hernandez. Lewis wolAey, James
F. Casey. W. r. Young. and their asso-
ciates, and all other persons who may
hereinafter be holders of the stock herein
mentioned, are hereby constituted . body
polite and corporate. BY the name Of the
Louisiana Warehouse Company. whose
domicile shall be in the city Of New Or
leans, for the purpose Of owning. leasing.
holding, erecting and maintaining ware
houses, and for the carrying on the gene
raj business Of warshous.men and for
'%arders, within the limits of the State of
Louisiana Tine corporation hereby Great
I'd shall exist for twenty-five years, with
power to sue and be sued, to mako and
use . common seal, and alter the same 1t
pleasure.
Sec. 2 b it further enacted, etc., That
the corporation hereby created in and by
their corporate name. shall have power in
and for the prosecution of the aforesaid
business. to hold and acquire any real or
personal property. BY purchase or lease;
and from time to time to sell, assign, con-
vey, trsnsfer, or otherwise dispose of the
same; but this corporation il hereby ex-
pressly prohibited from buying or selling
any goods. wares or merchandise. OF other
property, - dealers. or ON commission
Sc. 3. Be it further enacted, etc., That
the said corporation is hereby authorized
to charge. receive and collect the usual and
customary rates Of storage for the use of
their wareheuses, and the machinery or
elevators herewith connected, or means
Of transportation by it employed; and il
slso authorised to charge and receive and
collect al other charges and expenses in
CURED or to be incurred for labor or other.
wise, in the receipt delivered, storage,
keeping. or custody Of goods. wares, mer-
chandise. or other property which may be
received by or stored with il, or upon any
bill Of lading. storekeeper's or inspectors
certificate. order for the delivery Of goods.
or other document showing possession. or
the right thereto. upon such terms Is may
30 lawfully agrsed upon by the citizens of
this State. except that said corporation
may charge not to exceed one per cent per
month on all moneys advanced by them
in the usual eoune Of it, business; and il
n also authorised 10 charge such commits
rsions. and 10 make such other charges -
are usual and Customary; and il IL hereby
enacted that all Of such charges. expenses.
advances end commissions and interest
shau b . lien On IL said goods. wares,
m@chandise. hills Of hiding. storskssper's
OF inspectors certificates. order fos The do
livery Of goods % other documents show
ing posssssion q the right thsssto. q
other property, or upon any goods. wares,
merch,udise. bills of lading. storeksepsss
10 Inspectors certi6cstes, orders for the
delivsgy of goods. OK other documents
showing possession % uas night thessto.
los other property belonging to the party
or parties by whom ssid charges. expenses
sdvsncss aud commiuions and interest
are doe. or sccruing. which may be In the
custsdy 81 posssssioa q, he Louisiana
warehouse Company. or 10 which the aid
| Aouisisxs Warehouse Company nay have
the right % possssuiou; Ana Il ths aid
chdrgss, sxpsasss adunoss. uomniuisns
and iptsssst, ~ any q lhsu, shslj rsusis
unpsid whs9. ~ emo ere a h psyahlo.
q II thsse has bssa any bleach Of any Of
the tssns q any agsssnsns sads in rsla-
ton toAdssnesu: eF' h sulaAioe 70 any Of
the pasRou1aw hsssinhs6ses. seSesrsd 70.
ftAS'saia tasaA ~ssss. nssohGadiss o.
o>Asr prcrsuty n fsussisias Il ssid Lou
i.'ana Warehouse Cunpsny. either in feet
or BY virtue Of dssunsnts - sfutessid.
showing posssssiea q tlsrlSht thsssto.
and upoa wileA ~ san charges. sxpen-
~ sdvsnces. eommisaidns and intsGsst.
o. any pazt Of thsn, a iths Of thsp.
] may b . lsin - s5oUssniA, o. 90 much