New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-07-17
CORPORATIONS.
QUARTER. ACKNOWLEDGEMENT CHARTER.
STATE OF LOUISIANA, CITY OF NEW ORLEANS

STATE OF LOUISIANA, CITY OF NEW ORLEANS.
Be it known that on this eleventh day Of July, IN
the year 1872 before me, Edward Barnett, notary
publiu in and for this cit5 and parish Of Orleans,
State of Louisiana aforesaid, duly commissioned
and sworn, personally came and appeared the per-
sons whose names hereuntO subscribed, who
seve7ally declared that awaiting themselves of the
provisions of the statutes of the State of Louisiana
relative 10 the organization OF 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 stlpulatiOnst Oblga-
tons and regulations following, 10 vat:
ARTICLE l.
The name and title Of this corporation shall be
the SOUTHERN. MUTUAL GASLIGHT COMPANY,
and its domieile shal be established in the city of
~" ARTICLE H.
The purDose 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, 1872 No.
l23O52 and No. 126 098 and to 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 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
pany; 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.
at the of one miliOA dollare, divided into ten
thousand shares OF one hundred dollars each, which
shall be assessed at twenty per oentum 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, 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 McCuloch,
ST., Caleb S. Hunt, q. Ingram, George A. FOsdiek,
Samuel NJ. Todd, Gabriel de Ferret and Samuel
Barnes, and they are hereby constituted the first
Board Of Directors, who shall serve anti their sue
They shall at their first meeting elect frota their
naTnber q 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 the
company election for Directors.
Bach stockhOlder shall be egtitled TO one vote
for each share held by him, and may vote either in
person or by PROXY; plurality Of votes shaI pc
sufficient for an election aud 10 stOckhOlder shall
vote more than one thousand shares.
No one shall be eligible 70 TIE position Of ID.
fifty shares Of the capital stock Of said company.
ARTICLE V.
The President Of this company is hereby eoDsti.
tuted the otEeer 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 expiration Of the term Of this act Of in
corporation at its earlier dissolution herein
after provided for the affairs Of the company shall
be hquidated, its debts and an other Liabilities
paid and the balance Of its funds, any shall be
divided pro rata among the stockholders under the
charge and superintendent Of three commission
ers to be appointed by the Board Of Director 5,
who shall continue to act until the business Of the
company shall be entirely closed and bquidated,
and in case Of the death Of either one or two Of
them, then the survivors or survivor shall act.
ARTICLE VIII
The said corporation shall have fun power at
any general meeting convened for that purpose,
papers published ia this city, to make any nOd1h-
cations. additions or alterations to this present
ton with the assent Of thTeefourths Of the stock
represented at such notified meeting.
ARTICLE *
The Board Of Directors shall have fun power to
frame and adept such by-laws rules and regula-
lions as they may. deem proper and necessary for
the company and the trsnsaetion Of its affairs;
provided the same shall not be in conflict with the
Irue intent and meaning Of the ACT o. incOrpsT-
alton or with the laws Of this State They shall
sppOint all the officers and employees OF the com.
pany and fix their salaries. They shall have full
bower and authority to sell and buy real apd per
sOnal property, movable and imnlovable. to make
contracts, leases, mortgages, pledges and com
promises for and on behalf Of said company its
Interests may require.
ARTICLE Z.
Fone Of the stockholders, nor their successors
as SUCH shall be resuOnsi bic or liable for any
the amount Of the capital stock held on owned By
him or them respectively.
Thus done and passed IN my Office az The city Of
New Orleans Aforesaid, On the cay, month and year
inst above written, and in presence Of Marcel T.
Dncroa and Joseph ". Jones, competent witnesses,
who sign their names with the said parties and
me, notary
Original eigued.)
William MeCuloch, ST., G. Ebgram, ,-.,
George A. FOsdlek, s. NJ Todd and olbersi
II. T. DucrOa. j. y. Jones.
EDWARD BARN ET H. Notary Public.
I certify the foregoing 70 De a tr-e copy Of the
original act extant in my current records.
IN faith whereof, / grant tAese presents under
my Zuarurs and the Impress Of my seal Of Office,
at'fhs efty Of New orleans, On this twelfth day OF
Julv in tire sc ar Of our Lord enc thousand eight
hundred and s1reuty-tWO.
EDWAKD BARNETT, Notary Public.
J. the uudersiguedt Recorder Of Mortgages foT
4fis city ard pa-3b Of Orleans, de hereby certify
that tile foregoing charter Of the Southern Mutual
Gaslight Company has been this day duly recorded
in ny Once. n Book Society No. 6, folio 776.
New Orleans, July u, 1872.
jyl42O y au4 10 c. DARCAETBL, Deputy.