New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-07-18
CORPORATIONS.
iHARTER.................... CHARTER
STATE OF LOUISIANA, CITY OF NEW ORLEANS.

CHARTER. CHARTER.
STATE OF LOUISIANA, CITY OF NEW ORLEANS.
Re it known that on this eleventh day OF Julv in
! the year l872 before me, Edward Barnett notary
| public in and for this city and parish OF Orleans
state OF Louisiana aforesaid, duly commissioned
ana sworn, personally came and appeared the per.
| sons whose names are hereunto subscribed who
! seEe,ally declared that, ayang themselves Of tile
provisions of the statutes of the State of Louisiana
relative to the organization Of corporations in this
state, they have agreed, and by these presents do
| agree and bind themselves and those whom thew
represent to form themselves into corporation
for the objects and under the stipulations oblira.
tons and regulations following, to witt
ARTICLE l.
| The name and title OF this corporation shall be
the SOUTHERN MUTUAL GASLIGHT COMPANY
ana ITS domicile shall be established in the city of
ARTICLE II.
The purpose for which this company is Organized
Is 10 purchase the patents of Byron Sloper of New
YORK, and Robert Potter, of Jersey CITY pa.
tented respectively on the twentythird day of
January and twenty third day OF April 1872 No
~ 09Z and No. l26093, and to the same in the
states OF Louisiana, Texas. Arkansas Mfssissir}Di
Tennessee Kentucky, Alabama, Florida GeOrria
North Carolina and South Carolina for the purnose
of manufacturing illuminating Gas for tigIfing
cities or other purposes and to use and dispose Of
their rights in any manner the Board of Directors
may think proper for the best interest Of the com
panyi they shall have the right to purchase other
patents and use the same, or other process to
carry out the objects of this corporation
ARTICLE III.
The capital stock of this company is hereby xed
at the sum of millioa dOllars divi ed into fem
thousand shares of one hundred dollars each which
shail be assessed at twenty per centum to be paid
for In ready money at the time of subscribing and
when said assessment shall be paid the said stock
shall be considered full paid aud 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 McCuIIoeh
Samuel M Todd, Gabriel de Ferret and Samuel
Barnes and they are hereby constituted the first
BOARD OF directors who shall serve until their
They SHALL at their first meeting elect from their
mum Der President and Vice President, who shall
held Office for the term for which they are elected
Directors, unless sooner removed.
On the first Monday of July, 1873, and annually
thereafter, there shall be held at the office of tbe
company an election for Directors
Each stakeholder shall be entitled to one vote
LOT each snare neld by him, and may vote either in
sunlclent TOT an election, and stakeholder shall
vote more than one Thousand shares
No one shall be eligible to the position of a Di.
rector who does not hold in his own name at least
nifty shares OF the capital stock Ct said comuanv
ARTICLR-v.
The President of this company is herebysconsti. |
Iuted the officer upon whom all citations shall be
served. 9--'''' "
ARTICLE VI
The term for which this corporation is formed |
presents
ARTICLE VII
At the expiration of the term of this act of in
or at its earlier dissolution as herein-
after provided for, the affairs of the Company shall
be hquidated its debts and all other 'Iia6ilitfes
pald and the balance of its funds If any shall be
dlVlded pro rata among the stockholders under the
charge and superintendent of three cOmmission-
e[s, to be appointed by the Board of Director s.
VINO shalI continue TO act until the business Of the
company shall be entirely closed and Hauidated |
ana IN case OF the death of either or two OF
Shehi' Itn the survivors or survivor shall act.
ARTICLE Viii
The said corporation shall have full novrar at
any general meeting convened for that burmese |
after thirty days pubic notice in one Of tie dsiIy
papers published In this city, to make anv mod1f- |
cations. additiO or alterations to this present
act OF Incorporation, or to dissolve said CORPORA.
lion with the assent of threefourtbs of M 5torI,
represented 81 such notified meeting Il
ARTICLE TX.
The Board Of Directors shall have fun mower 70
Iahe ana adopt such bylaws, rules and requIa-
I - tLey may deem proper and NJ cessary for
provided the same shall not be ia eOnficr with die
rue intent and mesning of the act Of incOrpgr-
.Lon OF WITH the laws Of this State. They shall
appoint all the officers and employees Of tie com
ANY, ana hx lhelf salaries. They shall have fun |
OliaI properly movable and immovabIe to make
onuacist leases mortgages, pledges and com |
,ollsts Tor AID on behalf Of said company as its
interests may require.
ARTICLE X.
None of the stockholders, nor their sueeessors
: suehg shall be resgOBs BILE or liable for anv |
I oeftcE Aos5 OF damage III the said COMPANY than |
ne amount OF the capital stock held or owned IN |
im or them respectively. 70
Ihus done and passed in my Office at tba city of |
eVY Orleans Aforesaid. on the day month and year |
Ist above written, and in presence of Marcel n |
ucr0s and Joseph W. Jones' competent witnessed !
mo sign their names with the said parties and
l0riginal signed)
Villain MeCuliOch, ST., G. Ingram
gorge A. F0sdck, s. III 'Todd and otlsrs
[. 4. Ducros IN IoDas ,i''
EDWARD BARNETT Notary PuhIir
l certify the foregoing to be a true cGDv III tba
Ilgllal act extant in my current records.
IN faith whereof, grant these presents under
y signature, aud the impress OF my seal Of Office
/. tAs CRY Of New Orleans on this twelfth dav of
aiyi IN the year Of our Lord one Thousand ejpbt
undred end seveDtv-two. -7N'
EDWARD BARNETT, Notary Public. 1
!, the undersigned, Recorder of Mortpaoes f,r
rs clty and parish Of Orleans, de hereby certify
lat the foregoing charter Of the Southern NnfnsJ |
ashght Company has been this dav duly recorJaJ |
my, NY once 5l, IA Book Society No. 8, folio 776.
JyI42o 27au4 10 c, DARCAxTEL, Deputy.