New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-07-16
CORPORATIONS.


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STATE or LOUISIANA, CITY OF EEw ORLEANS.
Be it known that on this eleventh day Of July, in
the year 1872 before me, Edward Barnett, notary
puhie in and for this eity and parish OF Orleans,
State of Louisiana aforesaid, duly commissioned
and sworn, personally came and appeared the per-
sOHs whose names are hereuntO subscribed, who
sen g, ally declared that availing themselves OF the
provisions of the statutes OF the State of Louisiana
relative to the Organization OF corporations in this
State, they have agreed, aud by these presents do
agree and bind themselves and those whom they
rep esent, to form themselves into corporation
for the objects and under the stipulations 0bliga
tons and regulations following, to Wit
ARTICLE L.
The name aud title Of this corporation shall be
the SOUTHERN MUTUAL GASLIGHT COMPANY,
and its domicile shall be established in the city Of
New Orleans
ARTICLE H.
The purpose for which this company is organized
is TO purchase the patents of Byron Sioper 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.
l23 052 and No. 126098 and 10 use the same in the
States Of Louisiana, Texas, Arkansas Mississippi,
Tennessee, Kentucky, Alabama, FLORIDA, Georgia,
North Carolina and south Carolina, for the purpose
Of manufacturing illuminating gas for lighting
cities or otherpurposes, anu to use and dispose OF
their Iighs in any manner the Board of Directors
may thnkproper for the best interest a. the COM
patents and use the same, or other process, to
carry out the objects OF this corp0rauon.
ARTICLE H.
The capital stock Of this company is hereby fixed
at the sum of ole millioa dollars, div ed into ten
thousand shares Of one hundred dollars each which
shall be assessed at twenty per cenum, to be paid
form 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
sessment shall be made thereon.
ARTICLE w.
The business Of the company shall be conducted
by board Of seven Directors, composed Of the fol-
lowing stockholders, to witt William McCu0ch,
Sr., Caleb s. Hunt g; Ingram, George A. Fosdick,
Samuel NJ. Todd, Gabriel de Feret and Samuel
Barnes, and they are hereby constituted the first
Board of Directors, who shall serve until their sue
They shall at their first meeting. elect from their
number President and Vice President, who shall
held Office for the term for which they are elected
On the first Monday of July, 1873 and annually
thereafter there shall be held at the Office OF the
company an election for directors
Each stakeholder shall be entitled to one vote
for each share heldby him. and may vote either in
pers0n or BY proxy a plurality Of votes shall be
Sufficient for an election and stOckholder shall
vote more than one Thousand shares
No one shall be eligible to the position of a Dr.
rector who does not hold IN his own name at least
fifty shares Of the capital stock If said company.
ARTICLE v
The p resident Of this company is hereby cOnsti-
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
presents
at The expiraiion Of the term Of this act Of in
corporation on at its carrier dissolution herein-
paid aud the balance Of its funds Il any, shall be-
diYtdedpro rata among the stockholders under the
charge and sapeFintendenee Of three commission
ers. % be appointed BY the Board Of Directors
who shall continue to act until the business Of the
company shall 1e entireiy7 closed aud hquidatedt
and III case Of the death OF either one or two Of
tllelasthen he survivors OF survivor shall act.
ARTICLE VII
Tie said corporation shall have full power at
any general meeting convened fer that purpose
papers published la this city to make any mOdd-
cafionss additio : or alterations to this present
act Of incorporation, to dissolve said corpora
ton with the assent OF three-fourhs Of the stock
represented st such notified meeting.
ARTICLE TX.
The Board Of Directors shall have fun power 10
frame and adopt such bylaws, rules and regula-
tfops as they may deem proper aud ne eessary for
the company and the transaction Of its affairs;
provided the same shall not be n conflict with the
alton. or with, the laws Of this State. They shall
/ appoint az the officers aud employees Of the com
pany, and fix their salaries, They shall have iull
power and authority to sell aud buy real and per
sopal property, movable aud immovable, TO make
contracts, leases, mortgages pledges aud com
promises for and on behalf Of said company as its
Interests may require.
ARTICLE X.
Bone ofsthe stockholders, nor their successors
as such, shall be resn0nsi BILE or liable for any
greater loss or damage 10 the said company than
the amount Of the capital stock held or owned by
him or them respectively.
Ihqs done ana.passed q my Office, at the city Of
New Orleans aforesaid. on the day, month and year
first above wFittens and il presence of Marcel =.
Ducroa and Joseph W Jones, competent Witnesses,
| w1o sign their names with the said parties and
me, notary
tOugiual signedA
1 William McCuilOch Sr., q. Ingram,
4 George A. FO5diek s III. Todd and o. hers,
/ H. II. DuerOs J. W. Jones.
EDWARD BARNETT Notary Public.
y certify the foregoing 10 be a true copy or The
1 original act oxtant in my current records.
In faith whereof. grant these presents under
my signature, and the impress Of ny seal Of Office,
al tile city Of New orleans, on this twelfth day Of
I July in the year Of Lord one thousand eight
/ hundred and seyeuty-two.
EDWARD BARNETT, Notary Public.
/ I. the undersigned, Recorder Of Mortgages Cor
this city and parish Of Orleans, de hereby certag
that the foregoing charter Of the Southern Mutual
Gasght Company has been this day duly recorded
/ in my Office. ~ Book Society No. g. folio re.
1 New Orleans, July u, 1872
/ jyl42 q au4 70 G. DARCANTEI Deputy.