New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-04-23

: - AFTER.
o. sns
srA1g oH 1ouls1AxA-PAR1sH or oRLRArs
CIT OF INV ORLEANS.

CITY OF NEW ORLEANS.
- Il known that on this the tenth day Of April
- Tie year of our Lord oue thousand eight hundred
~ ssventy.one. and Of the tpdspentsnce Of the
- 0slGans, state Of Lonisiana, duly commissioned
saa 1s sss q ss vi.
sc. 5. ed ;gRssssd, BENJAMIN s,ooraelS
g this city. Who sevsraiy declared that, svaiiing
ute. Of the state Of Louisiana aul horixing the or.
ean3Ati0n o. corporations, they have agreed anil
hereby bind themselves aud their successors, aud
tnoee whOm they represent, to form themselves
into evaporation the objects and under the
e(tpulatious aud obligations Of the said statutes Of
kcuisas and tbs charter here:nafter set forth. to
ARTICLE
seylsd the NEW ORLEANS AND oh, HAVANA STEAM
Snip IND LOTTERY COMPANY.
eeC. = Its d0snivilc shall he at New Orleans, par.
ish Of Or2eanst state of Louisians-
ARTICLE II.
ration to establish line Of steamships. of not
less than four vessels. to be propelled wholly
partially BY steam. aud to own, manage and main.
Cuba, and the city Of New Orleans State Of Louisi-
ana, or other ports within the United ,As, for
nails; to construct docks whaivts, buildings, anl
such other eOpstructions which may be necessary
to the building aud repairing Of vessels to acquire
SEC. J. 70 obtain the requisite amount Of money
ticulsr said vessels and to maintain the same it is
proposed by this corporation, as means to carry
eat ts purpnses to establish and organize lottery
~ series Of lotteries, in the city Of New Orb ans,
and brenchee thereof, and necessary, throughout
the state OF Louisiana, or in any other State and
70 conduct. maintain and manage them, and all
S00NQ0
SIC: To sell lottery, policy and combination
& this and other lottery corporations
cenpsnies, associations or individuals
q whom oil citations and legal instruments Of writ
ing slasll be served.
ARTICLE HI
8RcrIos l. The capital stock Of this corporation
y fixed 1t Ave hundred thousand dollars, repre-.
sent~d BY I've thousand shares Of one hundred dol.
The capital stock may Be increased to an amount
1T exceeding one l.llion dollars BY majority Of
notice has been gives at preceding regular meet.
ssc Two and half Per cent on each share Of
q thus corporation ut the time Of subscribing,
upon the demand OF said treasurer. and two q. .
amer date Of Subscribing, and NO more payments
sesll ever be payable Or demanded. Certificates
8 stock shall Be issued only when two INSTALL
tsc. 3. When tive Thousand and five hundred
shares shall have been subscribed, this corpora
ton shall be considered organized.
Four directors shall form and constitute quo
run, and majority Of whom shall have the pow4
sad authority to transact and perform ell and -
buntncss of the corporation, and all of which shall
e and is hereby declared binding upon the cor
SIC. I. The officers of this corporation shall be |
the directors, the president, the vice president,
the secretary. the treasurer, the manager, aud the
SIC. s This corporation shall have the power
to adopt common seal. with such device and
motto, as may be prescribed by majority of .
fls corporate Name; to buy, owu hold, receive,
sell. trnnefer, ALLEVIATE real and personal prop
erty. and to do all things incidental to corpora
SIC. 8 No subscriber or stakeholder shall ever
ee held liable held responsible for the contracts
OF their subscription stock. shall any inform.
4lty In the Organization of this corporation have
q .nt1 this ~ u Ia and a void
orr shsa cause to be paid every three months,
nom ths net earnings Of the lotteries and sale Of
oerti6ostss and fractional parts thereof, five per
cent inter- ct ON the face value Of each share the
ass inner OF sn asigns mn ana
lottery; and the res due Of the said net earnings
shall b set apart and reserved for the purposes to
less than four steamships, and when said earnings
after the payment of the interest - above re-
quired. shall have reached one hundred Thousand
dollars, immediate and necessary steps shall be
taken by the president of this poration pur
Chase or contract to have built aud completed in
every particular, one of the four steamships re-
qutred for this corporation, - per section first of
article second.
S1C q should any subscriber not pay his, her
Or their subscription upon demand o. the Treas
urer, and their second installment within five DAYS
after being nottfed Of said dues by the Treasurer
or the President, their shares and all amounts paid
thereon shall he forfeited TO and become the prup-
erty VI this corporation, without recourse to ju-
dicial prOceedinRA
ARTICLE Nv.
64cFIon L The following named persons to wit: |
1e1jamin Bloomfield. James Benton, &. TOmatia |
Nh Avlla Rl,,h,