New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-07-27
CORPORATIONS.
STATE OF LOUISIANA, CITY OF KEW ORLEANS.

STATE OF LOUISIANA, CITY OF NEW ORLEANS.
Be it known that on this eleventh dav Of Tp1, -
Ihe year 1879 before me, Edward Barnett, notary
Puhhc IN and for this city and parish Of Orleans
STATE OF Louisiana aforesaid, duly Commissioned
ana sworn, personally came and appeared the ner
oohs whose names are hereunto subscribed who
declared that, awaiting themselves Of the
PTtSloEs o. the statutes of the State Of Louisiana
Stt 20 the organization OF corporations IN this
oole' .lgS nave agreed and by these presents do
agree ana bind themselves and fboss tyrhnn. 49,
represent. TO form themselves into n rornorstioJJ
tot lhe o9lects and under the stipulstions obliga
lions anu regulations following, to Mi.
ARTICLE l.
The meme and title OF this CorDorot{a,, .,,I -
the SOUIHERH MUTUAL GASLIGHT COWPaNT
anu rs Iohlclle shall be established in the city Of
ARTICLE H.
The purpose for which this compaDy ia orr,ri,..
Is re purchase the patents of Byron S!oper Of Nsv
York, and Robert NJ Potter OF Jersey CITY ma
January aud twenty third day OF ApriI 1873 NJ W
rs oo2 and No. l26,O98, and to use the same in Ire
States of Louisiana, Texas Arkansas Nississin+3
Tennessee, Kentucky, Alabama Florida Ceorgg3a'
North Carolina and South Carolina for the DTIrSss
OF manufacturing illuminating Gas for fgbfins
cities or other purposes and to use and dis6ose AZ
their righ's in any manner the Board III Diroctors
may think proper for the best ipteTsst s
pany; they shall have the right 10 purCbase otber
patents and use the same, or other process 10
carry out the objects of this corporation.
ARTICLE H.
The capital stock of this company ia hereby 9xef
thousand shares of one hundred dollars each which
shall he assessed at twenty per cenium to be paid
tnr IN ready money at the time of subscribing and
when said assessment shall be paid the said stock
shall be considered full paid, ard no further as
sessment shall be made thereon.
ARTICLE ".
The business OF the company shall be conducted
oy ooatu OF seven Directors composed of the fol
lowing stockholders, to wit: William NcCniIoCh
Sr., Caleb 5; Hunt, G, Ingram, George A. PosdieE'
Samuel NJ. Todd, Gabriel dc Ferret and Samnsf
Barnes, and they are hereby constituted the fTst
Board Of Directors, who shall until their sue
cessOTs are qualified
They shall, at their first meeting elect fom their
number 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 anDuaIlv
thereafter, there shall be held at the Office OF the
company an election for Directors.
Zach stakeholder shall he entitled TO one vote
for each share held by him, and may vote either In
person or Dy proxy a plurality of votes SHAH be
sufficient for an election and no stOckhOder shall
vote more than one thousand shares.
NO one shaH be eligible to the position of Di-
rector who does not hold in his own name at Ieast
htty shares OF the capital stock Of said company
ARTICLE V.
The President Of this company is hereby eonstf-
tuteu the ohcer 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 expira ion of the term of this act of in
corporation, at its earlier dissolution as herein
after provided for the affairs of the company shall
De liquidAted, its debts and all other liabilities
paid, aud the balance Of its funds II any ahaIl he
divided pro rata among the stockholders under the
Charge and superintendent of three Commission
srs, to be appointed by the Board of DirectOTE
who shall continue to act until the business Of the
company shall be entirely closed and iauidated
tud IN case of the death of either one or two OF
-ueui NHtu the survivors or survivor shall act.
ARTICLE VIII.
The Raid OratYou shall b,-o f,y .--.--a
my general meeting convened for that purpose
ltter thirty days public notice in one of the daily
cations. additions or alterations to this present
yet OF Incorporation, or to dissolve said corpora
ion with the assent of three-fOurths of the stock
represented at such notified meeting.
ARTICLE TX
The Board of Directors shall have fun mower tn
rame and adopt such bylaws, rules and reguIa-
ions as they may deem proper and ne cessary for
ne company ana the transaction Of its affairs.
provided the same shall not be in conflict with tina
rue intent and me aiming of the act of inoOrpor-
ltiOn or with the laws of this State. They sbnIF
appoint all the officers and employee of the com
'anyr and fix their salaries They shall have full
lower and authority to sell and buy real and ner-
Onal property, movable and immoyabie, to make
contracts, leases, mortgages, pledges and com
promises for and on behalf of said COmpanv rs its
interests may require.
ARTICLE Y.
None of the stockholders, nor their suceessors
s such, shall be responsible or liable for any
reater loss or damage ia the said company than
i'm or them respectively
IhI5 dOne and passed in my Office, al the city Of o.
lew Orleans aforesaid. on the day month and year
ISL ABOVE written and in presence of Marcel T.
'ucros and Joseph w. Jones, competent witneaRes
'ho sign their names with the said parties and
pc, notary.
(Original sgned)
William McCuOcI Sr q In gram
gorge A Fosdlck, \. NJ Todd and others
1. T. DuCrOs J. w Jones
EDWARD BARNETT. Notary Public.
certify the foregoing to be true copy Of the
lBludl act eXtant in current records.
IN talth whereof, grant these presents under
~ signature, and the impress of my seal of office
l the city Of New Orleans, on this twelfth dAy Of
llyl IN the year Of our Lord one thousand eight
undred and seventY-twO.
bDWAkD BARNETT Notary Public.
l. tae undersigned, Recorder Of Mortgages for
lis city aad parish of Orleans do hereby certifg
lat the foregoing charter of the Southern Mutual
lshght Company has been this day duly recorded
my office, in Book Society No. g. folio 776
New Orleans, July u, 1872.