New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-09-20
CORPORATIONS.
QUARTER
4 vHAHTER. .............-.......C 8ARyKnk~
UNITED STATES OF AMERICA, STATE o.
LOUISIANA, PARISH OF ORLEANS, Crvy %
NkW ORLEANS.

/
month or August in the year Of our Lord enc thor
and eight hundred and seventy-one, and efthe ind,
! pendehce OF the United States Of America IT,
ninety ixth, before me, Gustave LeGardeur, Jr,
| notary public duly commissioned and sworn in AZ
ior the parish and city afore said therein sesidns
ana In the presence of the witnesses here.H
after named and undersigned, personally eAme Az
| apPeared the parties whose names are hereunt,
subscribed, who severally declared that they do 5,
1neee presents form among themselves and sucj
otneIs as may become associated with them by sub
UNDER ths sx transfer IN or
| me organization of corporations for works OF puS
DC hsIs%v and for other purposes and TIE,
10 Ae.euy deciare the following articles to be Tx
CONSTITUTION aud charter Of said corporation:
ARTICLRL
The name. style and title of said corpor atisx
| shall he the "Bienvile Oil Works Company = -
the dolnicil OF said corporation is hereby estsl.
lished and fixed in the city Of New OrieanS i;
| shall commence business on or abont the a,a.
day of September. 1871 and shall exist for twertJ
hve years from the date Of this charter, unless /.
fourths Of all the stock of the company II ~
have seal and device upon the same shall be
ignate. The president or in his absence the seef.
tary Of the company, ls hereby designated 40 the
proper Otticer on whom citations and all other exa
process may be served.
ARTICLE IL
rhs Ssc; Is and purposes Of the
cotton and other oleagenous seeds or pred nets o.
| Tins or any other country, and to manrfacturx
therefrom oil, oil cakes, soap, fertilizer and otha1
artlcies Of commerce dome site and foreign ma,
kets and to that end buy from the proprieto,ss
| ana owners thereof, the premises known aS thf
bienvlile OIL Works, i'll this city.
ARTICLE III.
The capital stock of this company is hereby hxae,
at two hnndi ed and fifty thousand dollars divides
| into twenty-five hundred shares Of one hundrnS
dollars each, with privilege of increasing r. q
capital stock to tive hundr red thousand dollars. to
for in article " of this cser. ""'' p'0' '0s<'
The company may commence business as soon Al
TWO hundred thousand dollars shall have beees
thirtieth of September. W. ~
Transfers of stocks shall be made on the books
OF the company ct it's Office in this city only ~.
not while any indebtedness to the comnany isfr
on the part OF the holder, and no certifc.te ~
STOCK snail se issued until the same Is paid in IN, J.
ARTICLE w.
All persons who have subscribed or mav ber,..
after subscribe to the capital stock Of this CON
pany shall pay cash, before the first bu sipt,us
DAY Of the company twenty-five per cent. o.
twenty-five dollars on each share and for the re-
dollars on each share, which shall be divided into
tnree instai4ments OF twenty-five per cent each,
sb is tw no'f tsrs 10 the the
ai1er the hrst business day Of the company.
In, Ins ron PAYMENT Of said notes as above pro
V1de0 TOR, shall forfeit the entire stock ia the
company, together with all the benefits there unf.
belonging provided, that the Board OF DIRECTORS
may extend said payments for such time as they
may deem proper. Until the whole capital stock
is taken up, books of subscription shall I've kenf
opened pen d,s BY the Board Of Directors.
, NO stockhold.r shall, in any event be tpaTa
liable TOR the losses Of the company IN any ,arerr
sums than the amount OF his her or their sibscri
dlGn 70 ,ne capital stock and his her their il.
oeoteoness 10 the company.
ARTICLEv.
On the thirtieth day of September, of the yea.
and every year thereafter, the president sfal
cause TO he made statement of the affairs of etv
made and the true situation of the companv AM
sinai cause the same to be published in two OF the
newspapers on th!s city for one month"; and on the
day above hxed the Board of Directors stsA do.
clare such dividend may accrue of the net pro
ms MS OF me COMPANY, aud fix an'; determinstl,e
be paid to the stockholders.
ARTICLE vi.
All the powers Of the COM arv shall he xs~...\
by Board OF Directors TO consisc Of five nersons
three Of whom shall form a quorum, for the trans
ton of business.
The first election Of directors Of the COMPANY
sn2l ot held on the secOu0 Monday Of October
1876 ana Thereafter on the said day in each and
every year, at such place in the city of New Or
which the president shall cause at least fifteen
DAYS y Gus notice to be gwen in two Of the
appoint three OF the stockholders inspectors to
preside at such elections and if the said inspectorp
decline ;n. or fal 70 attend the president may ap-
directors thus elected are to take their seata o.,
the first Monday in November after the eJect;o,
their are eeeteS Iay
ihose persons receiving plurality of votes shall
be considered duly elected. In the event Of Nd
electlon taking place On the day aforesaid the
president shall cause another election to take plar,
within ten days thereafter, and give notice Of the
papers of this city. No person shall be 81 directo,
OF this company who does not. at the time NJ. hIs
siection anu during ms continuance in Office hold
~ MS OWL name or in the name of the commercial
fi,m OF which he may he a member at Least ten
sn %1' reg n o. the capital stock thereof
. The Board OF directors shall ANNUALLY Mt THEW
hrst meeting, elect from their own members o
president, Who shall hold his office until his succes
sOr IS elected and has qualified The president SHAH
preside at all meetings of the Board of Direct"rs
and at the meetings Of the stockholders and shan
cohduct the business of the company generally,
the supervision OF the Board of Directors
~ Tie absence OF the president the Board of Direc
tcs ShaIi appoint one of their members to act in
Gers and clerks Of the company; thew shall fx thn
compensation of the president and of all officers
and ~ clerks employed BY said company; they shall
have power 10 adopt such bylaws as they NAV
leem necessary and convenient for the govern.
ment and regulation of the company Zach ans
very stockhoder shall be entitled at elections
either III person or by proxy to one yote ON saSL
anu every share of the capital stock which he Ain
y, NV ,sS nay resp hold but not to vote
hree mouths prior to said election.
ARTICLE VII.
The following named persons shall constitute tho
lrst Board OF Directors OF this COMPANY and sh.Ii
od their office until their successors shall be- duly
iected ana have qualified to wit: Jules Adj &c q
'ayaroc Paul Aldige, P. =. Witt. s. Cambon,
They are hereby invested with all the ripI,ns
i n lo"sis .heIeunto belonging. with po wer to
make and sign al acts acts OF purchase ~ +Gn
aid Bienville OIL Works. to make and = ION aN
uildifs contracts and all conducts for rena "a a,,J,
improvements as may be necessary with DOw.r
lso' 10 HI any vacancies which NAV occur il, Ahei,
ulhner, ana generally to do and perform Mi acts
M lhhgs not herein provided for which ma ' b.,
ecess;.fv to carry into full effect the OH ect am,
IrposeS OF this corporation.
ARTICLE VIII.
al the expiration of this charter or sooner y
ise thls company should be dissolved at auy y..,,
TAI meeting OF the stockholders thereof To N,
)h'ene q 1OI that purpose after twenty dn va, No
ce u t"O OF The city papers, the vote OF three
'Hrths OF all the stock of said COMPANY it's afra;r,S
laii be h4uldated its debts paid and the baln nr.a
weed among the stockholders pro rata on th,.
mount OF stock held by EACH under the chs rv,
III superintendence OF three commissioners sI..
'i-ited oy the Board Of Directors
ARTICLE TX.
i ms act Of Incorporation can be altered and
hehoe0 hy vote of threefOurths of the ts,,,ithI
ock represented at any general meeting OF ~,
UUchioiuers called for that purpose
zone ana passed at New Orleans, in nv oftA-
e das month and year first above written in t,la
essence OF Messrs. Edgar Monte9ut and Aubry,ss
-; Ia rice Competent witnesses who have signe.I
II ~ t!le sad subscribers, aid me, notary
Original signed
,, Shares Amoart1.
y. NHdrtiN ................. $40 kSDBsF
.asafoc Son.. 400 % ep
gu Se'....'. .................. $40 so .si
AIdlse.--. .................... 400 40wse
wv orleans Insurance AssOc:a-
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