New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-08-04
CORPORATIONS,
STATE OF LOUISIANA. CITY OF NEW OR

STATE OF LOUISIANA CITY OF NEW ORLEANS.
Be il known that on this eleventh day of july in
the year 1872 before me, Edward Barnett notary
public in and for this city and parish of Orleans,
State of Louisiana aforesaid, duly commissioned
and sworn personally came and appeared the per
sons whose names are hereuntO subscribed, who
ssv ally declared that, awaiting themselves OF the
provisions Of the statutes of the state OF Louisiana
relative to the organizatiOno corporations IN tins
State, they have agreed, and by these presents DO
agree and bind themselves and those whom they
represent to form themselves into corporation
for the objects and under the stipulatiOns obhga-
tone and regulations following to wit;
ARTICLE I.
The name and title of this corporation shall be
the SOUTHERN MUTUAL GASLIGHT COMPANY.
and its dOmcile shall be established in the city OF
Wv ARTICLE II.
The purpose for which this company is organized
is to purchase the patents of Byron SlOper of New
York and Robert NJ Potter, of Jersey City, pa
tented respectively on the twenty third day OF
january and twenty third day OF April, 1879, No
1913 O52 and No. l26O98 and TO the same in the
States of Louisiana, Texas, Arkansas, MISSISSIPPI
Tennessee Kentucky, Alabama Florida, Georgia
Of manufacturing Illuminating gas for Lighting
cities other purposes, and 10 use and dispose OF
may think proper fUrthe best interest # the com
pany they shall have the right To purchase other
patents and use the same, or other process, TO
carry Outthe objects Of this corporation.
ARTICLE III.
The capital stock of this company Is hereby fixed
at the sum of one milliOa dollars, divi ed into ten
thousand shares of one hundred dollars EACH which
shall be assessed at twenty per centum TO be PAID
for ready mdTey at the time Of subscribing, ana
when said assessment shall be paid the said sock
shall be considered fun paid, and no further as
sessment shall be made thereon.
ARTICLE ".
The business of the company shall be conducted
by board of seven Directors, composed Of the fol
lowing stockholders, to wit: william -McCullOCh,
Sr., Caleb s. Hunt, q. Ingram George A FOsdicR,
samuel NJ Todd, Gabriel de Ferret aud Samuel
Barnes and<hey are hereby constituted the first
Board of Directors, who shall serve until their sue
They shall at their first meeting, elect from their
number a President ana Vice President, who shall
held office for the term for WHICH they are elected
Direc' Ors. unless sooner removed.
On the first Monday of July, 1873, and annually
thereafter there shall be held at the office OF the
company election for Directors
Zach stakeholder shall be entitled to ore vote
for each share held by him. and may vote either ia
person or by proAy plurality of votes shall be
vote more than one thousand shares.
No one shall be eligible to the position of Di.
rector who docs not hold in his own name at least
fifty shares OF the capital stock Of said company.
ARTICLE v.
The President of this company is hereby cOust.
tuted the officer upon whom all citations shall be
served.
sThe term for which this corporation is formed
shall be twenty-five years from the date Of these
presents.
ARTICLE VII.
At the expiration of the term of this act of in
corporation or at its earlier dissolution herein
after provided for, the affairs of the company shall
be hquidated, its debts and all other liabilities
paid, and the balance of its funds il any, shallbe
divided pro rata among the stockholders under the
charge and supeTinteudence of three commission
ers, to be appointed by the Board of Directors
who shall continue to act until the business Of the
company shall be entirely closed and ligudated,
and in case Of the death of either one or two Of
AfnGrn #fa1 TwNfV hall
ARTICLE VIII.
Tho said corporation shall have Cul power at
any general meeting convened for that purpose,
after thirty days public notice in of the daily
payers published "a this city, to make any modIh-
cations. addltO g or alterations TO this present
act OF lncOrpOratiOn or to dissolve said corpora
tiqn with the assent of three feurths of the stock
represented at such notified meeting
ARTICLE TX.
The Board of Directors shall have full power 10
frame and adopt such bylaws, rules and regula-
tons Ms they may deem proper and ne CessaTy for
the company and the transaction of its affairs;
provided the same shallnGt be in conflict with the
true intent and meaning of the act of incOrp0r-
alton, or with the laws of this State. They shall
appoint all the officers and employees of the com.
pany aud fix their salaries. They shall have full
power and authority to sell and buy real aud per
sonal property. movable and immoVable, to make
contracts leases mortgages, pledges and com
promises for and on behalf OF said company as its
interests may require.
ARTICLE X
sc such, shall be responsible or liable for any
greater loss OF damage in the said company than
the amount OF the capital stock held or owned by
him or them respectively.
Thus dOae AMI passed in my Office at the city of
New Orleans Aforesaid. on the day, month and year
hlst above written and in presence of Marcel T.
EDucros and jOseph jones' competent witneRses
whOsigh their names with the said parties and
me, notary.
Original sgDedl
William hCCullOCh, Sr, g. Ingram,
g. Orge A FosdIck, 5. N. Todd and others
h. L. DuCrOs, J. W. Jones.
EDWARD BARNETT. Nntary Public
certify the foregoing TO be a true copy of the
original act extant in my current records.
In faith whereof grant these presents under
my signature, and the impress of my seal of Office
at the city Of New Orleans, thstwelfth day of
july in the ys ar of our Lord one thousand eight
hundred and sRventy.twO.
EDWARD BARNETT Notary Public.
!, the undersigned Recorder Of Mortgages for
this city and parish of Orleans de hereby certify
that the foregoing charter of the Southern Mutual
Gaslight Company has been this day duly recorded
IN my office, IN Book Society No. 8, folio nc.
New Orleans July II, 1873
jyl420 81 au4 ID G. DARCANTEL, Deputy.