New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-07-27

and equity of this State, of having COM
mon seal, and of altering it at pleasure, TO
ACQUIRE have and hold estate, real, per
sOnal and mixed: and said association shall
be capable in law of inheriting, receiving,
holding, selling and transferring all manner
of property. whether by donation, bequest,
devise, or in any other manner or form,
from any or all persons, body or bodies
corporate in or out of this State; provided
that the value thereof does not exceed
five hundred thousand dollars.
SEC. 2. Be it further enacted, etc, That
the proper authorities Of said corporation
for holding and managing it's property
shall be a board Of trustees, who shall be
elected by the "active members Of said
association all of whom shall be members
in good and regular standing in some Pro
testant Evangelical church in the city OF
New Orleans, and each of the Evangelical
Christian denominations OF the city OF New
Orleans shall be entitled to and, if desiring
it, shall have representative in said board
of trustees, but no denomination shall have
more than four representatives therein.
SEC g. Be it further enacted, etc, That
for the present and until their successors
are elected as hereinafter provided, the
following named persons shall constitute
the board of trustees, viz: Richard IL.
Brown, James L. Dunnica, Marshall J.
COyle, Edward g. Palmer, William c. Shep-
herd, Moses NJ Greenwood, William II.
Foster, John S. Walton, Thomas |. Dix,
Charles Clinton, Henry +. Given, Fred
erick J. Odtndahl and A. j. Tardey.
Jr.; that the said trustees shall be divided
into three classes, as follows: Richard
II. Brown, James L. Dunnica, James
n. Beadles and William 6. C0yle shall
compose the first class and shall hold office
foe three years Edward G. Palmer, Viii
liam G.. Shepherd, Moses NJ. Greenwood,
Jr., William II. Foster and John ). Walton
shall compose the second class, and shall
hold office for two years Thomas l, Dix,
Charles Clinton, Henry F. Given, Frederick
j. Odendahl and A. j. Tardey, Jr., shall
compose the third class, and, shall hold of
flee for one year. The term of Office of said
trustees shall commence ON the first Tues
day of February, 1872, and shall continue
as herein provided. Five trustees shall be
elected annually thereafter by the life and
active members of the association, at an
annual meeting to be held on the first Tues
day in February of each year succeeding,
to fill the places of the trustees whose
terms Of office shall expire that yea, and
the trustees so elected shall hold office for
three years from the date of the election,
and until their successors in office are
elected. Whenever any vacancy by
death OF otherwise shall occur in said board
of trustees, the same shall be filled by
majority vote of the remaining trustees;
provided, that the party SO chosen to fill the
vacancy shall be of the same religious de-
nomination as the one whose place he is
elected to fill. Said board of trustees shall,
from time to time, elect from among their
number a president, secretary and treas
urer, and a majority of said board of
trustees shall constitute quorum for the
transaction of business, but in matters of
e y,EA 81 %,
of the association, there must be present at
the meeting of the board one or more rep
resentatives from each religious denOmina.
ton which may have members in said assO-
citation, and said representative or repre-
sentatives of each religious denomination
shall cast one vote only, and the majority
must be three fOurths to order said SALE or
transfer, or mortgage.
SEC. 4. Be it further enacted, etc, That
the members of said association shall, from
time 20 time, as they deem best, make,
adopt, alter and amend a constitution, and
such bylaws, rules and regulations, and do
everything useful for the good government,
preservation and support of said corpora
ton not Tepugnant to the constitution and
laws Of the United States, to the constitu-
ton and laws Of this State, or to this act OF
Incorporation.
SEC. ). Be it further enacted, etc, That
the dOmcile OF said association shall be at
the rooms of the corporation in the city Of
New Orleans, and the president Of the board
of trustees shall be authorized to receive
citations in all cases of suits instituted
against the association.
SEC. g. Be it further enacted, etc, That
in consideration of the work that this assO-
ton proposes TO do, in providing free read
ing rooms and a public library for the
young men Of New Orleans, the property of
said association shall forever be free from
taxation, State or municipal.
(Signed) 0. II. BREWSTER,
Speaker of the House OF Representatives.
(Signed) ?. B. S. PINCHBACK,
Lieutenant Governor and President Of the
Senate.
A true copy:
+. J. HERON,
Secretary of State.