New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-08-11
CORPORATIONS.
CHARTER, '...............C CHARTER,
STATE OF LOUISIANA. CITY OF NEW ORLEANS.

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STATE OF LOUISIANA. CITY OF NEW ORLEANS.
Be it known that on this eleventh day of july. in
the year 1877 before me, Edward Barnett, notary
Pusnc IN ana Tor this city and parish of Orleans
State of Louisiana aforesaid duly commissioned
and sworn, personally came and appeared the per-
sevelally declared that, awaiting Themselves of The
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 obliga
ions ana regulations following, to wit:
ARTICLE l.
The name and title of this corporation shall be
the SOUTHERN MUTUAL GASLIGHT COMPANY
and its domcile shall be established in the city Of
ARTICLE II.
The purpose for which this company is organized
IS topurchase the patents of BYFen SlOper, Of New
York, and Robert, NJ. Potter Of Jersey CITY, pa
tented respectively on the twenty third day of
January and day of April, 1872 No.
States of Louisiana, Texas, Arkansas Mississippi
Tennessee, Kentucky, Alabama, Florida, Georgia,
North Carolina and South Carolina, for the wrp0se
Of manufacturing Illuminating gas for fighting
cities or other purposes and to useand dispose OF
their rig hts In any manner the Board of Directors
may think proper for the best interest Of the.com
pany; they shall have the right to purchase other
patents and use the same, or other process to
- k'SAt'eAyAA
ARTICLE III
The capital stock of this company is hereby fxef
at the sum of one millioa dollars DIVIDED into ten
thousand shaTesof one hundred dollars each which
shall be assessed at twenty per centum to be paid
IOr IN ready mQney at the time of subscribing, and
when said assessment shall be maid the said stock
snail De considered full 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 fife fol-
lowing stockholders to wit: William MeCuIIoch
Sr., Caleb s. Hunt, G. Ingram George a Fosdick
Samuel M. Todd Gabriel de Ferret and SomTei
Barnes, and they are hereby constituted the first
cess0rs are qualified.
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 hrst Monday of July, 1873, and annually
hereafter there shall be held at the Office of the
company an election for Directors.
zach stakeholder shall be entitled to one vote
LOT each share held by him, and may vote either in
person or by proxy; plurality of votes shall be
sufficient for an election and no stakeholder sbsiI
vote more than one Thousand shares
No one shall be eligible to the position of q pi.
rector who does not hold in his own name at least
hTty shares OF the capital stock Of said company.
ARTICLE v.
The President of this company is hereby congti-
tuted the officer upon whom all citations shall be
ARTICLE VI
The term for which this corporation is formed
shall be twenty-five years from the date OF these
ARTICLE VII
At the expiration of the term of this act of in
corporation at its earlier dissolution as herein
after provided for the affairs of the company shall
be hquidated its debts and all other 'li8biities
paid and the balance of its funds ii arv shall he
divided pro rata among the stockholders under the
charge and superintendent OF three coB1missioTo
eIs, to be appointed by the Board of Directors
who shall continue to act until the business Of the
company shall be entirely closed and liquidated,
q FaagfH frfa T# t,aw
them, then the survivors or survivor shall act
ARTICLE VIII.
The said corporation shall have fun power at
any general meeting convened for that pgrDOse
tIteE tnlLIy DAYS public notice in of the daily
papers puonBned In this city, to make any modlh.
catlens additions or alterations to this present
~ Of PIP or to dissolve said corpora
represented at such notified meeting.
ARTICLE TX.
The Board of Directors shall have fun r,cvver n
Tane and adopt such bylaws, rules and rerula-
lions as they may deem proper and necessary for
me company and the transaction of its affairs,
provided the shall not be in confieg with the
Lrue intent and meaning of the act of incorper-
tuon, OF with the laws of this State. They shall
4ppoInJ al the Ot1cers and employees of the com
Dany, and fix their salaries. They shall have fun
power and authority to sell and buy real and per-
sonar 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
Il.
None Of the stockholders, nor their successora
Us such, shall be responsible or liable for anv
,reater loss or damage In the said COMPANY than
ne amount of the capital stock held or owned nv
lin or them respectively. -
Ihus done and passed in my Office at the CITY of
,eW Orleans aforesaid, on the day, month and YEAR
lrst above written, and in presence of Marcel r
1ucros ana Joseph W. Jones, competent witnesses
yho sign their names with the said parties and
ne, notary ana
Original signed.l
William McCulloeh Sr O. Ingram
George A. Fosdick s Nj Todd and otb.rg
L. L. Ducros, J. W Tonea 09'
EDWARD BARNETT Notary Pr,llio
certify the foregoing to be a true copy OF the
Ilglnal act extant in my current records
IN ii1itn whereof grant these presents under
~ signature, and the impress of my seal of Office
I Jhe CITY OF New Orleans, On this twelfth dav ~
ulyi III the year of our Lord one thousand eygbt
undred and seventy-twO. sN'
EDWARD BARNETT Notary Public.
/, une undersigned, Recorder of MortRapes for
lls cry and parish of Orleans do hereby eertify
nat the foregoing charter of the Southern MutuaI
asHght Company has been this day duly recorded
! my office, in Book Society No. g. folio 776
New Orleans, July u, 1872.
Jyi42O q au4 10 c. DARCAETEL, Deputy.
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