New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-01-24
Hydrocarbons.

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CRARTER.. .::.........'''' 'ol1A ~ A->'
" STATE OF LrrIssASA. }
City of New Orleans. }
Be it known that this fourth Gay Of yamud
in the wear of our Lord thousand eSht nunulo
"nd s.vantv one before me, Robert Joseph her. q
notary pnblic in aud for the city OF new Ur'ea 1
parish OF Orleans Stat o and in presence of the
witnessed hereinafter named and undersiX7neu
personally came p and a HJSsrt Rer william r.
| Fish, NJ A. SOut!IWorth and James r: H. d. a.
resulting in this city, who declared that,
| 70 organize themselves into u Corporation UNI. . g.
The proysions of the constitution and OF ~, ct on
the General Assembly OF this STATE. ch'aleu Il
act for the organization OF corporations rovcJ
of Du,,ic Improvement and utlhty, approve
M,rc, i. 1s1ol and to secure and enjoy the rights
privileges and powers OF a body corporate anu lo
itic they do Hereby declare and specify IN a.. an
authentic form, the purposes and objects OF the
said Corporation, the name style anu tlte s..o"
the place chosen for its d9micne' .me "f cor.
nnr,tiou and object of organization and manner OF
organization the manner i'll which IFS eiectlos s.i
h.. held and uuancat ion of electors the hlihaSets
and their election the officers and manner OF up
pDjut uent the amount OF the capital STOCK u'
number of shares. the amount OF eacn snair .
the time when and the manner III "hicH pay
on stock subscribed shall be made, general relIt
mcnts ana mode OF liquidation of its affairs at the
termination of its charter as 1Oiio"S' 10 VIII
ARTICLE T.
rhey the said appearers, their associates ana
successors sl Il. form body corporate ami roIitic
"1HE LOi'ISyASA LAND IMPROVEMENT CON.
PANy'' and its doInice shall be tine citH OF Ne"
Orleans, and all citations shall De server On II >
President, and by SAID corporate name Sial nave
power to contract to sue and he sued TO hOld Pur-
chase acquire. sell and transfer property" OK any
de,cript o,-rcal. personal and mINtd-in tnis
state. and may establish common seal. and the
same use. alter. break and abolish at pleasure.
ARTICLE H.
The object for which this Corporation
il organized l.,d established is to acquire reclaim
aud Improve swamp. overlooked and other lands
to sell o. lease them, aud 10 make such WORKS Oh
public improvement as may he necessary 20 r.
claim and improve such Lands ana 10 Iacihta'e
navigation.
T.,i. Corpora ton shall be organized within a
delay OF ninety days and the appearcrs above
shall act "A provisional board OF directors untli
the nrst general election hereinafter provided Tor
They shall open books of subscription 10 us cap
ital stock aud IL termnc the mode aud manner OF
subscribing thereto and the installmcnts to In paid
certificates OF stock shall he issued. signed by the
President and Secretary the Board and trans
fg shall M valid unless made upon the stocG'oo"ks
and surrender of the certificate.
ARTICLE ".
A. each election each stakeholder shall be en-
titled vote for each share of stock owned by
him provided that the same has been transferred
to him within thirty days prior to such election.
The .toc holder may point other stoc kl,olders
to represent them and east whatever votes said
stockholders would have been entitled to were
they present.
All the corporate powers of this Company shall
be exercised BY Board of Six Directors stochiol
d.rs H. elec ted at such time and in such manner
a. i, herein provided for. to hold Office until
their Successors are appointed.
ARTICLE VI.
The Ofi.c of this Corporation shall be Prcsi
dent, Chief Engineer. Treasurer ami Secretary,
who shall he elected by the Board OF Directors to
hold office until their successors are elected.
ARTICLE VII
Til. capital stock OF TINS Corporation shalt he the
sim OF two million dollars. divided into twenty
thousand shares OF one hundred dollars each, with
the privilege OF increasing the capital stock to i've
ARTICLE WILL
No stock holder shall be held liable rcspOn si'e
for the cont racts or acts of the Company in any
further SUN than the amount of his stock
ARTICLE IX.
and establish such rules regulations and bylaws
~ NAV be necessary to carry on its business, and
TO I-gulat. its affairs and may repeal or amend
the same as occasion may require. to further and
promote the object of its organization provided
that the same be not contrary to the constitution
OF the United States and OF this State.
ARTICLE Y
should i. become necessary TO USE, have enter
take private property for the purpose OF
ryng on the works OF this Corporation, and in the
owners OF the same for its purchase, said Corpora
ION shall enjoy all the privileges osexprOpriatins
the sant, conferred by law.
ARTICLE XL
The said Corporation shall have full power al
general meeting convened for that purpose after
thirty DAYS public netic... to make any modihca-
tons additions or alterations TO this present act
OF Incorporation, or to dissolve said Corporation,
with the assent of three fourths vi the stock
represented at such notified meeting.
ARTICLE XII
4: The Clo>.. Of this charter sooner. ii dis
solved. : hei.ubcto.c provided, there shall he
three trustees elected under the rules sovelnin.
general elections, who shall have power to liquid
ate il affairs sell its property anu distribute the
proceeds.
Thus done AMI passed in my Office at New Or
leans, on the day and date aforesaid, i'll presence
oil M-ss.s. Alcec j. Ker and Frank D. Seshrrs COM
I,-tcnt witnesses who hereto sign their names.
together with said appearers and me. tn. notary.
C.l.jnA signed: WILLIAM DAVIS,
HENRY 4. PEELER
ROBERT !. KER
W K. FISH.
VI. 4. SOU iiiWORrU
JAMES +. CASEY,
ALICE J. nER,
r. d. SEGLIERS,
ROBERT J. KER
Notary Public.
4 ;Ine copy iiom Nh. original:
ROBERT j. kHU. Notary iubiu.
New Orleans. January IL. 1871
l. the undersigned. Recorder q. Mort cage, for the
city and parish ot orleans. State of louisiana do
hereby certify that the foregoing act of iucOrpora-
ton has been this .lay duly recorded in book
sr!.:. No page 22c. cf this Office, accordin. to
law {. DARCASTtL, Depnty.