New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-06-06
CORPORATIONS.
CHARTER............. CHARTER.
STATE OF LoUIsIANA-PARIsH OF ORLEANS
CITY OF NEW ORLEANS.
CHARTER.

| CITY OF NEW ORLEANS.
Be it known that on this third day OF June
in the year Of our Lord one thousand eight hundred
! and seveRty-two, and of the Independence Of the
United States Of America the ninety sixth before
| ne Nicholas Browse Trist, notary public in and
fer the parish Of Orleans, state OF Louisiana, duly
| commissioned and qualified, and in the presence Of
| the witnesses hereinafter named and undersigned,
! personally came and appeared AdOlphe BOuchard
| Charles VI. Conrad, Henry Dugue, Tristram Upper
Charles Angelo Conrad Robert Bruce, and the
other persons whose names are hereunto sub
scribed who declared that, availng themselves Of
provisions Of the statutes of the State Of Louis
lana, relative to the organization of corporations in
this State they have cOvenanted and agreed and BY
these presents do covenant agree, and bind them
solves to form themselves into and constitute q
corporation for the objects and purposes and under
the stipulatlons, conditions and regulations fol-
''''-1s' = -" ARTICLE l.
THE BOUCHARD SEWING MACHINE MOTOR
COMPANY. Its domicle is hereby established in
the city Of New Orleans, and its duration is liked
at twenty-five years from the date Of this act.
1t shall have power to contract to sue and be
sued, to acquire and own property, real and per
sonal TO make and use a common seal, and gener.
ally to do all things requisite and proper TO carry
ing into effect the objects for which it is estab-
lisned
The object and purpose of this company is to
manufacture and sell, and to dispose 70 others Of
the right to manufacture and SELL or either N the
United States and elsewhere, the apparatus ma
chinery, or motor for running OF working sewing
machines invented Bv AdoIphe Bouchard and tOP
which two patents have been granted dated re-
spectively sixteenth January and seventh May,
1872 and Numbered I22 500 and I16.44I as wei "a
under any other patents that may hereafter be
issued TO said BOuchard, in this country and else
where for any Improvements therein, or for any
other inventions having the same OBJECT II view.
ARTICLE Ill.,
The capital stock of this company shall be one
hundred and fifty thousand dollars, divided into
fifteen hundred shares Of one hundred dollars
each. Ofthis number, twelve hundred and eighty
shares representing one hundred and twenty eight
thousand dollars, shall be distributed among the
owners of the said patents, and in proportion to
their respective interests therein as set forth in
an agreement between said owners entered into
before the undersigned notary, on the thirteth
day Of May, 1872. and as in consideration a
fun payment for their respective patent rights,
TO be by them tran sferred to this company The
remaining two hundred and twenty shares are to
be held in trnst by the president for the company,
to be subscribed for, sold or disposed of in such
other manner at such times and on such terms as
the Board of Directors shall determine for the
dement, u tins company and as working capital
ARTICLE ".
The affairs of the company shall be managed By
board consisting Of president and four diree-
tors, VINO shall be elected annually, their term Of
once 70 commence gu the hrst Monday Of January
of each year, and Tristram Upper is hereby con
Charles NJ Conrad, Henry Dugue and Robert Bruce
the directors of this company, forming the first
board to hold Office until the first Monday Oh Jan.
ARTICLE V.
The president shall preside at all meetings Of the
SAID board as well as Of the stockholders and
BOARD OF directors, and under the restrictions
hereinafter imposed be the executor Of the affairs
o. Of, the company, and all summons or notices, or
DC interested, shall be served upon him.
ARTICLE VI
There shall be secretary and a treas
lrer OF the companJ who, together with
the other officers and employees Of the com
-ectors who shah also fix the amount Of eomDen-
'atlon or salaries TO be paid them; provided that
'haL be realized BY tie company sufficient 70 nav
he same and, provided further, that the salary Of
he president shall at time be either increased
II diminished during the year for which he has
ARTICLE WI.
The Board of Directors shall have fun power to-
10 and perform all things necessary or proper to
AIRY into full effect the objects and purposes OF
ms ,e charter and which are not in conflict with
ny law OF this State, or of the United States or
he true meaning Of this act.
ARTICLE VIII
The president Of the company shall, at least if
zee. render full and complete statement Of the
HAIRS financial and otherwise of the company
moving the contracts made, the amounts Of sales
nd the profits md losses during the past wear the
ature and value of all the assets of every descTlp
ompany, together with all other matters of inter-
ct connected Herewith.
ARTICLE *
At all meetings of stockholders, where vote is
aken, each stakeholder shah be entitled 20 vote
epresented by him; provided, that no corporation
nah 6e entitled to vote on more than fifty and no
7dlvlduaI or firm on more than two hundred
hares. The shares voted OnIby a husband for bie
NE or father or tutor for minors shall be con-
ideTed as voted by the party casting the same
ne majority Of the votes thus given SHAH prevail
ARTICLE x.
No person shall be eligible fbr either rres-7e-+
rector VINO does not hold att the date OF his cleo
On ana curing MS term Of office, and has not held
u at least ninety days prior to such election at
.asI Ten shares OF the capital stock Of the Gem
ARTICLE M.
10 Istockholder shall be responsible for any debts
-ock owned by him.
ARTICLE XII.
All certificates of stock shall be signed bv The
resident and secretary of the COMPANY ana books
an Is o open I2r the registry and transfer OF
-+ss " STOCK SUBJECT to regulations to be estab-
sled oy the board. Transfers shall be made upon
"a 9ooks and signed BY the holder OF his attor-
y ~ IacJ, ana no transfer shall he deemed com
etc until entered thereon. Nb transfer of stock
an IA, se entered so long as tile party desiring to
ansler the same shall be indebted to TIE COM
ctors y nc DO@lu u u
ARTICLE XIII.
semi. annual meetings of the gtoekbold.
S shall be held on the first Monday If fT-a "a
.cember of each year and the election for M
tier meeting. pave az no
a special meeting may be called by the President
the request OF any three stockholders owning
zs 54 NOT less than one hundred shares OF The
ARTICLE XIV.
1alLure, from any cause, to elect officers at the
t-4ed herein Tor that purpose shall not dissolve
company OUT the directors then IN Office shall
u over until another day shall have been fixed
y ene eAecIl0n shall have been held. Due notice
tnls meeting as well as of the regular meetings.
All De gwen by publication in two of the cf+v ns
rs. 80 "a 'A0 Wy pa
ARTICLE XIV.
Minutes Of the proceedings of all mee+;nps
IeT OF me bcaru OF Directors or Of the stock.
!ders shall be kept and entered in hooks SoT that
rpose, which shall at all tines durino b77snsss
IIs OF business days be open to the examination
ARTICLE XVI.
70 meeting of stockholders shall he held be+roa-
" and November Is of each wear or 61,T;rr fba
stence OF any epidemic unless At 7eas+ +7ree
.rths OF the capital stock voted 11n5ar +T,a re-
erest. "A oe LeptesehIeu
ARTICLE XVII
10 business shall be transacted AZ a,,v ,,,es+;-,v
o. the stockholders unless a 1noT7Ifn cCTs-sts
OF majority Of the members renreseDr7no q
loIltY o. the stock, shall be present and vofif7r
- SnarteE may be amended provided sr7cb
enuh1enU De eOncurred in bv tv1OtFirds of +he
IS cast such amendments NOV ~ ,--as.o1rs