New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-06-08
CORPORATIONS.
QUARTER
CHARTER.


{ HARTER......... ..........CHARTER
STATE OF LOUISIANA, CITY OF NEW OR
LEANS.
Be it known, that on the twenty-third aay OF
| May, 1871, before George William Christy notary
| public in and for the city and parish of Orleans
| star OF Louisiana, aforesaid, duly commissioned
| and qualified, personally came and appeared the
! parties whose names are hereuntO subsc ribed and
! who did respectively declare that, awaiting them
selves of the provisions of the laws of Louisiana in
such cases made and provided they have covenant
| ed and agreed, and do hereby covenant agree
| and bind themselves their successors and
nose nose whom they represent, to form themselves
and under the stipulations. regulations aud obliga
| tons contained in the follow ng articles of in
corporation fol the space and term of twenty five
| wears:
| ARTICLE l.
The corporate name of this company shall be the
CONSOLIDATED EUREKA GASLIGHT COM
ARTICLE H.
The legal domieile of the company shall be in the
city of New orleans, and ali citations shall be
served on the President of the company or in his
absence, on the Vice President
ARTICLE III.
The object of this company shall be to manufac-
tuIe ana sell Eureka Gas Machines, for lighting
towns, factories, private dwellings etc. in the
states OF North Carolina, South Carolina Georgia
florida; Alabama, Louisiana, Tennessee, Kentucky
leXas, Missss ppi and Arkansas
ARTICLE ".
The capital stock of the COMPANY ia berebv
fixed at eight hundred thousand dollars $500 OOOj
which shall be divided into eight thousand shares
10000 of one hundred dollars S 1907; seven thou
sand seven hundred shares shall be issued to the
owners of the patents as full paid stock for their
rights Of patents for said States; thirty thousand
dollars $50 0O0) of the capital stock shall be con
sidered as preferred stock and fully paid up at
nifty per cent, or nifty dollars $50 per share in
cent cash to Be Paid 70 in wat at the s1 tP% ss
NJ fiyAfIn and
tiOnal TO be paid ia every thirty days until said
fifty per cent in preferred stock shah have been
pal4 up III full; should any subscriber refuse or
neglect punctualy to pay his iIstallment INSTALL
ments, as the said may become due and mature on
SAID preferred stock, interest thereon at the rate
OF eght per cent per annum shall be added thereto
from maturity till paid and if any subscriber to
said preferred stock shall neglect or refuse to nav
his nstallment or installments on stock within |
thirty days after the same shall have become due
the Board of Directors shall cause the share or |
shares upon which said installment nstallments
are due to be sold at public auction otherwise
as they may deem fit after ten days notice to |
such delinquent without legal proceedings or any |
tormalty whatever.
ARTICLE V.
The business of the corporation shall be con. |
Quoted by a board of seven directors and I p |
cross, D. Webster, t. ToDatis, John Paisley Simeon |
belden, Thomas P. McManus ana T. G. Springer
are hereby constituted the first Board of Dlrec.
toLs VINO shau serve until their successors are
anIX elected At their first meeting the directors
snaH eject from their number a president and
N,rCC P4SoiuOhC' VINO snail remain III O1tiCe until
thelt successors are duly elected and qualified
ana they, the directors shall have the right at |
any time; TO eject secretary treasurer and such |
other officers and employees as NAV be renuired
On the first Monday of January next 1872 and an
nuaily thereafter, regular election fnr rac+ors
shall be held at the Office of the comnanT IanI |
stakeholder shall be entitled to one yo+e for aach
share held by him, and may vote nv nroyv. a n,
Iality of votes shall be sufficient for an eIec+tnn
but no stakeholder shall vote more than ono Inn,
bred shares, with the exception of the first hoarJ |
No person shall be eligible TO the position of dTa
tor who does not hold at least five shares of the
capital stock of the company, free from any dues
In the event of election taking place on fine
day fixed for the election of directors, the pres.
ident shall cause an election to be beld within ten
public notice thereof by advertisement in one or
more or the newspapers published in the city OF
New Orleans
ARTICLE VI
The capital stock of the company NAV at any
time be increased by majority vote of the stock
holders voting under the requirements of this
charter
ARTICLE VIZ.
This charter may be modified altered mr. anoand |
ed, or the company may be dissolved ar a General |
meeting of the stock holders convened for thar nur
pose, after thirty days notice with the assent of
three tourths i'll amount of the stock renrasanted |
1t such meeting, and any such moditicstion ADD |
lion, change or dissolution shall be recorded and |
published according to law. W
Whenever the dissolution of the oornoro+io, |
shall become necessary by reason of the ac1ion ~ |
is stockholders, by limitation or from anv causa !
whatever its affairs shall be immediately nIaced |