New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-02-21
CORPORATIONS.
(HARTER...... ................ CHARTER.
CHARTER OF THE "RAMIH PLANTING. MANI
FEATURING AND PAPER-MAKING COM
PANY OF LOUISIANA"

Yo"ANA Thhssss, nenIN W. SAILcy, uo%ft
Scott, Adelaide Dnrapau and Robert H. Chadbourn
All of the parish Of st. Charles in this State Casper
sippi; zuinslius Mckay, Theodore Meeks and Jean
Salvant OF the parish Of Jefferson in this State,
and Henry Weber, Robert Lynne Moses Fox, Joseph
D. Taylor, John MOylan. Adolphe Bouchsrd John
R. walker Harvey 9: Caulkins, Jacob Hassnser,
George G. BlOdset, Thomas Schorr and Rufus King
Cutter, OF the parish Of Orleans, in this State, al
Of whom severaly declared, that availing them
seves OF the provisions Of the several statutes of
the State OF louisiana relative to the organization
bind themselves and their successors and those
whom they represent, to form themselves into
corporation for the objects and under the stpua-
tiOus. regulations and obligations following, 10 Wit:
ARTICLE
The corporate I1. name Of this company shall be
LOUISIANA.
ARTICLE II.
The legal domcile of the company shall De in
the city of New Orleans, and all legal process shall
he served on the president Of the company.
ARTICLE III.
The objects of this company shall he to purchase
lease both if necessary, TO such an extent as
the directors may determine, lands in the State -f
Louisiana, whenever. in their Judgment, il becomes
necessary advis able for the purpose of cui'vat
ing the ramie plant, to prepare the fibre OF the
and to exercise such powers and privileges as may
he necessary for conducting the business apper-
tanning thereto.
ARTICLE w.
The capital stock OF the company shall be one
million five hundred thousand dollars, divided into
thirty thousand shares of tifty dollars each which
capital stock and shares NAV bc Increased bv vote
of majority OF the stockholders in proportion 10
the interests owned by each Said shares shall l'
sold at nve dollars $5) per share until otherwise
ordered by the directors and be- deemed full paid;
and stakeholder in this corporation shall ever De
Liable for any sum beyond the amount OF his stock.
ARTICLE V.
The business of the company shall be conducted
by board OF twenty-One directors. composed o.
the following stockholders, to wit; Othelio J. Flags
Casper H,.nzicker, Theodore Meeks, Henry Weber
Robert Lynne, Moses Fox, Joseph d. Taylor, John
MoyIan. Adophe Bonchard John r. walksr' Har
singer, Thomas Schorr, K King Cutler, Jean Salvant
Robert H. ChadbOurn and Zuingius Mckay; and
they are hereby constituted the first Board OF
Directors, who shall serve until their
are qualified. On the third Monday in January
thereafter there shall be hrl, at the office of the.
company in New Orleans, an election for directors
Each stockhOlder shall be entitled to one vote for
each share held and may vote either i'll person or
by proxy. plurality Of votes will be sufficient
for an election but no stakeholder shall vote more
tllaI one thousand shares. The directors shall AT
their first meeting after their election choose from
their number a president, vice pre- sid. MT
treasurer and an attorney, who shall hold their
offices for year from the date OF their election
and until their successors elected and qualified
The Board OF Directors shall elect secretary. a
general superintendent and sub superintendent,
who shall at the will and pleasure of the
Board Of Directors. No one shall b" eligible to the
position OF director who does not hold at least five
shares of the capital stock free nom all dues 10 the
COMPANY
ARTICLE VI
Ills charter may be altered amended b.
vote Of the stockholders who hold majority o.
shares.
ARTICLE VII.
The Inders .ned directors being majority Of
the whole number of stockholders. and a majority
OF the directors in The Louisiana Company
The Jefferson Company" and The ST. Charles
Company" which companies were heretofore
formed by them; now, therefore, We the directors
OF the hereilbefore named three lamie planting
and mauufa curing companies do hereby agree in
our capacity of directors, and i'll our full capacity
as owners OF at least ACKNOWLEDGEMENTS ll1-2o
OF all the capital stock and shares in said con-
Chafles,' do hereby revoke. annul and forever set
aside the charter of said . Louisiana" Jefferson
and ''St. Charles companies and We do hereby
and herein by these presents, Orlan and establish
this The Ramie Planting and Manufacturing and
PAPER MaA ing Company of the State of Louisiana"
as the sole aud only company in the State OF Loui,
ana, and we and they hereby transfer, assign set
and deliver unto this aforesaid named COM
pany AL the property, money, rights, privileges,
credits evidences of debt and all and everything
belonging or appertainins to said heretofore
ARTICLE VIII.
That all and every person or persons vino hold
or holds genuine certificates OF stock in any o.
said companies viz: Louisiana, Jefferson or
st. Charles, and which certificates of stock have
been legally issued and filled up in the books OF
any of said companies, shall present the same TO
the Board of Directors OF this company within
thirty days from the first publication of this char-
nullitv of said stock. That when said person OF
persons holder or holders OF said legally issued
certincatcs of stock shall present the in the
manner and within the time aforesaid, they shall
receive, share for share, certificates OF stock IN
this company on their surrenderirTg to this com
pany their certificates Of stock in any OF the com
pancs hereinbetOre named. and now dissolved; All
as per resolutions OF the directors and majority OF
the stockholders in each of the said com panies, as
wrl more fully appear by the proceedings OF said
companies i'll their respective books and minutes
OF their proceedings which have been surrendered
fo and rp N the O this COMPANY
ARTICLE TX.
That all ranie roots for the purpose of planting
all Lands which may be purchased or leased, or
which shall hereafter be purchased or leased BY
this company, will be purchased by order OF the
Board OF Directors of this company.
ARTICLE X.
Ado,phe Bouchard ESQ.,. the sole owner of the
sdecOrt4C ateur" a machine for the preparing %.
the ram-c fibre and all other textile hDres hereby
binds himself, his heirs and assigns, to furnish TO
this company the exclusive right tor the state OF
Louisiana which he has or may hereafter have III
the above named machine its improvements;
and he furthermore herein declares that he has
filed 'caveat with the proper authorities Tor h!s
patent to the same, and in advance OF all others.
ARTICLE III.
TIL. company shall 90 into operation from and
after this date. and the following named persons
chosen as officers to serve until the mira Non
day in January, eighteen hundred and seventy
two, viz:
president; Henry Weber, treasurer; K King Cutler,
attorney, and the following named officers were
elected TO serve during the pleasure OF the Board
of Directors, viz.
Robert Lynne, general superintendent: Joseph
Bouchard secretary and the following committees
were established. aud the following named direc-
tors chosen of said committees, VIZ:
Finance Committee.-R King Cutler, Henry We
Der Theodore Meeks, Thomas Schorr and john K
Walker.
Lands Contracts Notes and Account Committee.
Harvey G. Caulkns, Robert Lynne, OthelloJ FlaSs,
AlcDiade Durapau and Joseph D: Taylor
ments.-Robert Lynne. AdOlphe BOuchard: Casper
Hunzicker Zuinglius Mckay and John K: Walker.
Committee on Labor.-John MOylan Moses Fox
Henry W: Carney, Othello j. Flag, HaTvsy u
All of " hirh said committees are chosen to serve
for the ensuing year.
ARTICLE XII.
That the president of this company shall give
bond with good and solvent security, Ill the sum
OF ten thousand dollars; that the treasurer OF this
company shall give bond aforesaid in the sum OF
fifty thousand dollars; that the secretary OF th's
company shall give bond aforesaid in the sum
of We thousand dollars for the faithful perform
of the duties of their respective offices, al OK
which bonds shall be filed with the archives OF TINS
company prior to any certificate OF stock beng
issued: and that said president, treasurer anu
secretary are the only officers whose signatures are
necessary on certificates OF stock together with
tue seal OF the company.
ARTICLE XIII.
Tle seal of this company shall be fellows: The
name of the company encircling the seal; the de-
vice shall he the raIne plant, growing and bale
OF the fibre.
ARTICLE XIV.
The liquidation of the affairs of this company
shall be made by three commissioners appointed
convened for that purpose, after thirty days pre-
vious notice III two newspapers published in the
city of New Orleans of which newspapers
shall be the official journal of the State.
r,,Aa Il ,,oF%f 10