New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-04-08

srArx or LoU1QAMA, PARIsH or 0RLRANs.
yW CIT OF xEw oRLEABs.
u it known. that On this eighth Day e March. II
e ~. & e s. ,9sssSassSSs 6 g
n, jon So ~ .i1s.sP pubic in md g
the pazish Of Orleans, state Of Louisiana, duly
&c = sSrsd Sis IA
svsin9 Themselves Of provisions Of the statutes
Of Louistans relative to the organization Of cospo
rasts4s thy do ~ these pressats form themeelves
specified objects and usder the following stipular
i s'y irs'. = + 81 ABrlCLe Bsagetx.
xAT rS NAL. MARINE AND f RIVER TRANsPORTA
TON COMPANY, and it shall have . corporate seal
With the nAnae ct the company thereon. Ai>ic
ARTICLR IL
The business and legal domicile of the company
or corporation shAl be in the city of New Orleans
subject to removal only by vote Of threc-fourthS
Of the stockholders.
9.rNr A1TICLg IN. gros1v
The object Of this company i. to construct or
steamboats, or other vesscls to and navigate!
the Mississippi river or its tributaries for the p1E
Of ss n S San a1s
constructions % may be necessary 70 the building
asd fepairng Of vesselb aad generally to exercise
or may oe conferred on them for ths purpose: siers
snid.
ARTICLE w.
The president Of the abtmpany thus formed il
ARTICLE
The capital stock Of this csrporation 10 hereby
thousand p share. Of one hundred dollars each
sn ssa y viii With zstels XII md Siossd
suhecriDtiOne. in lands OF other property. to the
capital stock thereof Ut lite cash value and that
inn Committee to be appointed by the Board Of
Directors for such purpose; and provided. also
that the company may commence business at any
BILE to do 80. The capital may be increased to an
amour. not exceeding two millions Of dollars by
vote Of the sss O.
ther payment shall be required from the holden
Of the first five hundred shares of the said com.
remainder sDsli1 y Of The amount d stock which
b ,,. sare: To-, :n. Sts ss p. sh1 n .dc
tinses and in such manner - may be prescribed "
the Board q Directors provided; no more than "a
Ct any one time, and not oftener than once m
'''A y ' ARTICLE VI @
Three.fourths Of the stockholders in capital
shall have the power to wind up and settle al
e9istencs, Or Of Sskins such 1odi6eationa, sadi
provided the same are jnst and proper, ON Giving
ten days previous notice in two Of the newspapers
published In this city. Ae bla4
ARTICLE VII. s1 ~
The Board Of Directors, ut an early day, shall
proceed to elect the officers of the corporation,
which shall consist of president, vice president,
treasurer, superintendent, secretary and such
two Of which shall be from their own number
a ARTICLE VIII.
The term for which this corporation 10 formed
shall be twenty-five years.
& saset-fs ARTICLE TX.
'ezCr1oH I. The regular meetings Of the stock.
holders Of this company shall Be held annually,
commencing on the first Monday in June, A. D. 1871.
at which time . majority in capital shall choose
ensuing year who shall form and constitute board
Of control for the management Of the affairs Of the
company for the following year. or until their sue
rectors as Aforesaid. the following named persons
shal constitute hoard Of directors to manage the
affair: Of s.id company any three Of whom sh al
DeHsven, John ". Blanks, Henry L. Jones. Dexter
g. Hitchcock, William A. Bates and william H.
first regular election.
SEC. failure to elect directors at regular
meeting Of the stoekhoiders shali not dissolve the
tinue to exercise their functions until new board
shall form quorum to do business, and the Board
q Director shsll have power to make and adopt
ill necessary rules aud bylaws for the government
with the true intent and meaning Of this set Of in.
corporation and the h~s Of this state The Board
% Ssy deem
SIC. l. II any director shall cease to be stock.
holder during his term Of once, it shall be declared
absence or .esisnatioa q any director. the board
shal have the authority to fill the vacancy occa-
stoned thereby. ARTICLE <
No h. hold liah1a roaYny.
sible for the contracts Or faults Of said company
beyond the amount Of his, her or their stock in
he .f ha1s
effect Of rendering the present charter null,
or of exposing . st0ckhOlder to any greater
liability than the amount Of his. her or their stock
ARTICLE x1
Should any subscriber refuse or neglect to DAY
punctually, his, her their installments a. the,
per annum shall be added thereto nom maturity
until final payment; and. II any subscriber neglects
refuses to pay his her OF their nstallment within
thirty days alter the specified time Of payment, the
Board Of Directors shall have the right of causing
any share or shares upon which any installment
% TO- 60 - e Of
installments % the board may deem advisable.
# ARTICLE Kill y
/ No subscription to be binding until the sum Of
fifty thousand dollars is subscribed, when pay
ment of ten per cent shall be due and payable.
s.ee ARTICLE XIII 81
The following named persons are Stockholders in
said company and, such. are entitled to the num-
Der Of shares placed opposite to their names, re-
spectively to wit: Joseph G. Hess David DeHaven,
John ". blanks, Henry l. Jones, dexter 9. Hitch.
cock, willism A. Bates aud william II. Phelon.
And, in conclusion, the stockholders hereinbef6re
covenants and agreements, ordained and estsb-
lished by the present act for the purposes above
after subscribed their names rsspectiiyely.
United States internal revenue stamp to the
value Of twenty cents is hereunto attached. and
Thus done and passed at the city of New orleans
Aforesaid, the day, month and year first above writ
e 81 aaS
domcilfated in this city, who hereunto sign their
names. together with the said parties, and me,
Original signed: a.a5 &
J. c: Hess, 10 shares p. DeHaven, 80 shares
". H. Phelon. 20 shares; J. ". Blanks 20 shares;
Henry Jones' Sst.. g. .sn1ss 20 shares
JOHN D. HARDK, =
w. HI. SHEPPARD.
J. BENDERNAGEL, Notary Public.
STATE OF LOUISIANA, I
Parish Of Orleans. s
/, the undersigned, notary, do certify the forego.
ing to be true copy Of the original act on file and
In faith whereof hereunto set my hand and
official seal. this tenth day Of March, A. D. 1871.
J. BENDERNAGEL, Notary Public.
for the city and parish Of Orleans, do hereby GER
tify that the within charter has been this day duly
recorded in my Office in book society No. g. fOlios
2so, 29l, 292 and $685. as required by law:
C.DARCANTEL, Deputy.
New Orleans, March IA, 1871.
certify the foregoing to be true copy of the
original certificate Of the Recorder Of Mortgages,
indorsed upon the charter Of the National Marine
and River characterization Company, on file and Of
O. BENDERNAGEL, Notary Public.
New Orleans, March II, A. D. 1871. t5isF
apo IL 10 Is my2