New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-01-17
CORPORATIONS,
CHARTER. ......................C CHARTER,
| STATE OF LOUISIANA
PARISH OF ORLEANS, CITY OF NEW ORLEANS

n
STATE OF LOUISIANA
PARISH OF ORLEANS, CITY OF NEW ORLEANS.
Be it known that on this twenty-tourth day Of
the month of December. i'll the year of our lord
one thousand eight hundred and seveHty-two, and
of the lndependeuce OF the United States of Amer
lea the ninety-seventh, before me, Armand Pilot
Jr., notary public duly comnliss Oned and sworn
in and for the parish and city aforesaid therein
residing and in the presence OF the witnesses here
matter named and undersigned, personally came
and appeared the persons whose names are herein
after subscribed, who declared that they agreed
and covenanted, and do, by these presents, agree
and covenant to form themselves into corpora
ton for the objecta and purposes, and under the
stipulations regulations and obligations following
TO U.5o
Tie name eP fhe Company shaft De sis "Sev Of
leans and Grand EsoTe Packet SOmpauv,s and its
dOnisiie as hereby established III the slts OF New
Orleans and i sinai! .&i.t and continue foS the
tenn OF tv.ut.-h years frOus the date "a these
presents. unlee. sooner dissolved. The company
shall nav. seal. navi: 'UT a,s.'yt8oa tl.. Esrs.
Of 'A' s''n' 'NS' saT1c,sH.
DEMONSTRATIONS aH sai! smpjSlsv ssan Se gs- ges
chase, build,ng, OF shart.ring OF one or more
steamboats, and the carrying OF freight or passtn-
gers, OF both, on sal boats. up aud down ths Mis-
slssis Ql rssCS and Red Ii ssg and trlbIss4rlss
article Alb
fte eapi'aP dsocii OF saif Gompans 10 hereby
sXed az the sum of one hundred Thousand dollars,
divided INTO shares % one '9undrvd dollars each,
to be paid tor as follows to witt thirty per cent Us
suOn as the Comparc goes into operation, and the
balance in instal imants of ten per cent SIpon abe
cali of ths Board of Dirtstrs the necessities OF
The company may Rquir. it, This company shall
go into operation 5000 tia. S!sB Dt s0rbS
Thousand .cLSsors 10 subscribed foSs
ARTIUiEIv
TIE aeaq@. ~ Sle SAID .ampan. Siaf' o.. NnGes
The dvec'i"n OF Board of Control, compose! OF
five stockholders, possessing il their name, or
that OF this trim of whict they partners no
!ss tsa :iss shares of che stock 'S sli+ .ongaRy.
&RTICLES.
SsS@ns q %te SegIIlss meeting OF shs sfocs
holders STALL De held annually NUthe third Monday
or Seteber, ut which meeting IL MAJORITY in capital
stock, represented al The meeting, shall choose
five of the members to seeve as directors for the
ensuing wear At such slec tioISesch So are stock
shall be entitled to one vote and the directors
elect shall within tive days after thei, election
ganize into d board BY appOisting one of their
members as 2residews The board thus or
gaslized shall have power to appoint all officers
agents aud f X theig respective sompensatIOns.
The board shall slsO appoint a secretary, whose
duty independent OF others THAI might be ascribed
to him shall b~ to attend the meetings of the
boa'do ''Hdkesp scorsectSfecorS O.! theig 0loseed-
Sngse
SEC g A failure 10 elect directors, 40 aforesaid.
shall moi ssove the corporation but the board in
office shall continue to exercise the fIns tions until
new board Gan be elected.
SIC. g. Three III mbers of said Board OF Control
shall constitute quorum for the transaction of
business, and the said board Is hereby invested
with futi power to frame and adopt such by laws,
rules and regulations as they may deem requisite
and necessary tor the company and the transac
tiOns OF its affairs, provided sne same shall not
conflict with the true intent and meaning Of this
act of incorporation or the laws of this State
They are hereb authorized to buy sell and charter
steamboats,, fuel for the use OF the company, to
make contracts, leases, mortgages, hypotheca
tons and compromises; to borrow money, aud to
build, cause to be built, one OE more steamboats,
for said company.
SEC. s. The BoardN OF Control shall make divi-
dends often se they think desirable and proper.
sEc s. h any member of said Board of sontrO
should cease to be . stock holder during his term
OF service his office shall thereby, ipsO facto be-
come vacant kld i'll the event of the death, per
maneBt absence, or resignation, "a vacancy from
VhsteVsY "ausel of any member of said Board Of
Control the board shall Gave pOweB to I'LL vacan
sies 0ccSsiOTsd thereby until the hrst regular
meeting thereafter OF the stockholders of the said
pany.
fOI the transaction of business aud the president
MAY ssll chem together az any time by giving
twenty four hours notice n writiEs
SEC. 2. Nc tol partners whose subSFHip ciens ere
il. the hane ss theib commercial hrm shall be eli
gh- ri She Sans time 40 asT1swS VI Slls said
board
sYc.ios o. u sAsli D. Rle duty S1g SS4s qsesidep
OF SAID company TO lncp, cause 20 be kept, in
bound books. in the name OF me company, q coy
rest reoSrd - all its prleeSdIS IS, transactions,
COUNTS, property, business aud atfSrs, Ss well as
and disbursements abeeOt H. shall, mOreoves,
ACT az Sse treasurer % the company, and keep
. ASH account i'll ~ the baIIss i'll Sew Orleans,
su'.occ he approval % the Board of SiontrOl in
tn. Sl,He and ISr sccount@; theSompanY, and to
o. alone a thuri2e2 and empowered Co draw
clr'-- it's auG trADsau1 all banking business thereof.
r lns 80 "a. OF the company tie YOlSas SeSsSS
"a sS .. Gsstisa shall deserved
ARg!CLE yu.
S-t-o the Iario1 arrives Sfow aas eIeuet Cor Ere
winding up of the concerns Of this company, thres
stockholders shal ts st ss I'D ma iorHy OF the
.cs holders at genefal meeting, ShQse duty Il
shslI be to convert all the Sssets o. the Corpora.
itles OF rhe company slisburss the surplus 0unds
among the Stockholders in eoSe Fs to- ihslS Sg
sptstIsS share&
aRrICaE S!R.
40 stakeholder sbsil. yes De held sableOr . spon
bel @n3 the amount ~ his stock n SOLD GOH psus.
ARTICLS *
pany into operation, the fOiiowiUg named stock
holders to vii: IOhnC. Nittieli $50 ,@fiehcl Do
trch, ESQ, Horace r.. shropshire Esq, JOHN o.
Williams $50, sad AeSres ". yatakts ar eonsti-
tuted a Temporary BoNd et Control shose tcsEs OF
Office sNall expire 80 elssS9 eseCamsRss eva
siseSs3 and nSTe qualified
&aFICGE&
9Hs nSa.es sna respective. Interest," Gg Do SUB
ser!b.qs 20 thss at and ths o.nount 81 ,heis w.
spectSv. shares tse nsDs q. c.ta d 10 D. toll
lows:
John @. mitchell CHARLES v Proven
EYor y AArsu slAiq6 Ri hart Wul,. pl1.