New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-08-09

STATE OF LOUISIANA, CITY OF NEW ORLEANS.
Be it known that on this eleventh day of Julv in
the year 1877; before me, Edward Barnett notary
publlc IN and for this city aud parish of Orleans
state or Louisiana aforesaid, duly commissioned
and sworn, personally came and appeared the per.
SONS whose names are hereunto subseribed who
sevelallY declared Underwriting Themselves 1T the
provisions of the statutes of the State Of Loisiane
relative to the organization of corporations in this
State, they have agreed, and by these presents do
agree and bind themselves and those whom they
represent, to form themselves into ceTboTatio11
Tor the objects and under the stipulations obliga
tons and regulations following, to witt
ARTICLE l.
The name and title of this corporation shall he
the SOUTHERN MUTUAL GASLIGHT COMPANY,
ana It's domcile shall be established in the CITY of
New Orleans. ~ -
ARTICLE II.
The purpose for which this com pany is organized
Is 10 purchase the patents of Byron Sioper Of New
YORK, and Robert NJ, Potter of Jersey Gitv ns
tented respectively on the twenty third day of
January and twenty third day of April, 1872 No.
l23 O52 and No. 098. and to use the same in tba
States of Louisiana, Texas Arkansas Mississinni
tennessee, Kentucky, Alabama, Florida GeOrafa
N0rth carolina and South Carolina for the purpose
OF manufacturing Illuminating gas for figbting
cues or other purposes, and to use and dispose Of
IIeLr nus IN any manner the Board of Directors
may think proper for the best interest of the com
Pathyj they shall have the right to purchase other
patents and use the same, other process To
carry out the objects Of this corporation.
ARTICLE III.
The capital stock of this company is hereby fxed
az tne sum OF one million dollars, divided info fem
HOHsao shares OF one hundred dollars each, which
snaiL DC assessed at twenty per centum to be paid
IoT IN ready money at the time of subscribing and
Then SAID assessment shall be paid the said stock
sessment shall be made thereon.
ARTICLE ".
The business of the company shall be eondueted
ny poatd o. seven Directors composed of the fol-
S t 1 SleoSsknnoluers TO wit: William McCuloch
o. g. OaIe9 0; hqnt, " Ingram, George A. Fosdick
samuel NJ Todd, Gabriel de Ferret and Samuel
BaEnes ana they are hereby constituted the first
Board OF Directors, who shall serve until their srie
ces5Ors are qualified.
They SHALL at their first meeting elect from THAR
number President and Vice President who shall
held office for the term for which they are elected
directors, unless sooner removed
=, On tae hrst Monday Of July, 1873, and annually
company an election for Directors "a ''0
g Eacn stockholder shall be entitled to one vote
TOT each share held by him. and may vote either in
person OF by proxy; a plurality Of votes shall be-
suIIlcent for an election and no stakeholder shall
wore more than one thousand shares
No one shall be eligible to the position of a nj
rector who does not hold in his own name AT least
llIy shares OF the capital stock Of said company.
ARTICLE V.
The President Of this company is hereby eonsti.
served. 7i"Ii DO
ARTICLE VI.
The term for which this corporation IA for,,os
man mall 4e twenty-five years from the date of these
q ARTICLE VII.
AT the expiration of the term Of this act of in.
oiporatIon or at its earlier dissolution "a berein
htet PROVIDED for the affairs of the Company sbaII
70 lquidated, its debts and all other IiaBiijtiaa
,aldi and the balance of its funds ii anv shall ~
4Flded pro rata among the stockholders under the
arge ana superintendence Of three Commission.
-, 70 De appointed by the Board of Drectors
mo shall continue to act until the business Of tba
company shall be entirely closed and lquidated
nd IN case OF the death Of either one a. t,gG ~
hem, then the survivors or survivor shall act
ARTICLE VIII.
Ihe said corporation shall have full power az
ny general meeting convened for that puroose
LLeL thlrly days public notice in one of the d9JV
aPefs published in this city, to make any maid
aLoas. additions or alterations to this present
o 81 wins 3 or to dissolve said corpora
sp'eSehted 81 such notified meeting.
ARTICLE TX.
me Board Of Directors shall have fun power IN
anne and adopt such bylaws rules and rect,1s
III .'I on ,l9y may oeem proper and necessary for
roylded the same shall not be ia conflicE wifi ~
H i' ln.enf NJ ang meaning Of the act Of ncofpor
2polnt an the officers and employees Of tbe com
any ane u < their salaries They shall have fuiI
lN5f ana authority TO sell and bug real and per-
'haI property, movable and iIntnogabIe 10 rnrsi+a
lhtiacts, leases, mortgages, pledges aEd corr
-teiesl5 may require. -
ARTICLE x.
some Oh the stockholders, nor their succeasorg
saeL shaA be responsible or liable far anv
y tD55 VI aaage N the said company than
m or them respectively. % O"Nou Dy
! h9s done and passed in my Office at the CITY og
W e Gasans atoresaid or the day month ana Year
eros ana Tf as ahq IN presence Of Marcel ~
- 6 S9a Ihelr names with the said parties and
Original signedl
. IMAM .AleeCuIloeh, ST., G. Ingram,
n 49, ~ 1oSoick' g d. Todd and others,
A. DASiV9ll j. W. Jones.
.,,..ss. EDWARD BARNETT, Notary Public
i S,1Ltiily the foregoing to be true e0Dv Of fba
lgil "a "a act extant in my current records WIG
! si ~ nhefeof, grant these presents under
nv fttsule ana the impress Of my seal Of Office
I - ~ ~ o. new Orleans, on this twelfth dav Oh
y ~ the ~ ar OF our Lord one thousand efoff
EDWARD BARNETT, Notary Public.
! the undersigned, Recorder Of BJorteaoas r.,
n ts sa parish Of Orleans, De hereby certify
slg company has been this dav duIv reao9e5
9 w 95nSGe N Book Society No. 8, folio ms