New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-06-01
CORPORATIONS,
UNITED STATES OF AMERICA. STATE or
LOUISIANA
PARISH OF ORLEANS, CITY OF gE- ORLEANS.

PARISH OF ORLEANS, CITY OF gET ORLEANS.
Be il known .ha. ca this thirty first day of the
month of May. in the year of Our Lord one thou.
independence OF the United States Of America tho
ninety seventh, before me, Gustave LeGardeur.
in and for the parish and city aforesaid therein re-
siding and in the presence of the witnesses herein.
after named and undersigned, personally came and
appeared the persons whose names are hereto sub
scr.bed, who severally declared and acknow lodged
that availing themselves Of the provisions of the
laws of State of Louisiana relative to tha organ
ization of corporations for works Of public i'm.
prOvement and for other purposes, approved the
fourteenth Gay of March, 1855 they have cove
nanted and agreed, and do, by these presents
covenant and agree 10 form among themselves
ard such others 40 may become associated with
cessor a corporation, and they do hereby dec are
the following articles TO be the coas:isV iaI and
charter OF said corporation:
ARTICLE l.
l. The name s'yie and title OF the said corpora
ton shall De the Blood Ferti.izSg Works of New
Orleans and the domici,s of said corporation is
hereby established in the city of New Orleans.
g. 1t shall commence business forty
thousand dollars shall have been sub
ebsd and shall s9arnus unit! the
cent City Live Stock Landing and Slaughter
house Company" unless it should be sooner dis
solved by order of the shres-fourshs OF all the
stock of this corporation.
B. 1t shall have a seal, and the device upon the
same shall be such as the Board o: Directors may
!. The President. Or in his absence. the Secre
tar: of the co poratien, is hereby designated as
the Oper officer on whom citations and a. other
legal process may be served.
ARTICLE H.
! Tic object and purposes Of TIE corporation
are declared to he the following to wit To make
a fertilizer and otherwise utilize the blood, CUTS,
manure, residue. ETC., OF the Crescent City Live
Stock Landing and Slaughterhosse Company. in
acceptance with the clauses and st1puatlOnS OF
certain contract and agrsement made and entered
aud John Dolhonde Of this city. per act passed be
fore the undersigned notary the twelfth day Of
July, 1872. and to that end for and in consIdera-
tOn OF three hundred and fifty shares OF the capl.
tai stock Of this corporation, to be transferred to
him the sa John DOlhOnde, in full ownership, to
bug from him all the rights. title and interest
cOntrac. and agreement, made and entered into
betwee the said Slaughter House Company and
act of the twelfth day of July, 1872 before the
dersgned notary. and also al! the rights title and
works now being carried on by him, under the
name and style of Blood Fertilizng Works Of New
Orleans and the franchises thereof, the machinery,
apparatus buildings good Will. and al ap2urte-
ARTICLE III.
l. The capital stock of this corporation is hereby
liked at eevcnty-nve thousand dollars, divided into
seven hundred and fifty shares of one hundSed dol
lars each to be paid for at the time and in the
manner provided tor III paragraph one OF article
,. Transfers of stock shall be made Oh the books
Of the corporation at its office in this city only, but
not while any indebtedness to this corpo alton
exists on the part of the holder, and certificate
of stock shat. De issued until the same is paid in
fu...
I. Tn. subscribers to the said corporation shall
nav cash into the hands of the President. upon its
organization for business. twenty five per cen: Of
each and every share of stock subscribed by them,
divided into three iustallments of twenty per
cent each, which shall be made payable at such
rectors provided call sha,! exceed one install.
ment at a time. and then only after thirty days
notice published in two of the papers of this city,
g. In case of non payment or refusal to pay any
instaliment as provided above, in paragraph one
of this article, and without further putting in de-
fault, the stock of the party negectins refusing
to pay, and all benefit appel tanning to the same
shall DE forfeited to the said corporation Never
theess, the Board Of Directors may extend, AID
they hereby authorized 10 extend, the term of
payment of any instaliment called for and due
should they deem it proper Or expedent or to re-
mt the forfeiture on paymen: OF the losta.imeus
due.
l. On the thrtieth day of June, Of the year 1874
and of each and every year thereafter the Pres-
affairs of the corporation, showing the receipts
and disbursements made and the true situation OF
TIE corporation, and the day above fixed the
Board Of Directors shall declare srch dividend as
may accrue of the net profits OF the corporation,
| and TX ard determine the time and manner IL
| which said dividend shall be paid 10 the stock
| holders.
! ARTICLE VI
! (! All the powers Of the corporation shall be ex
ercised by Board of Directors, to consist OF 81 X
Stockholders four of whom shall form quorum
for the iransac ton OF al the business OF the coz
| pOration.
! pOratiOn shall be held on the second Monday OF
December. 1873, and thereafter the said day, in
each and every year. election for Directors shall
as the Board of Directors shall. des s,ate of witch
election the President shall cause at least fifteen
! days previous notice to be given ID two o; the
I B. The Board of Directors shall appoin: three o.
! the stockholders OF the corporation commission.
| ers and two tellers. to conduct, superintend and
| report said election. and if the said commission.
tellers decline or fail to attend, the Presi.
| dent may appoint others to fill such vacancies.
I. Each and every stakeholder shall be entitled
at said election either in person or by proxy, to
F.. one vote each and every share of the capital
but not to vote on any stock to him, her OF then,
transferred within thirty days previous to said
| election.
! 5. The persons receiving plurality Of votes
shall be considered elected, and the Board of Drec'
tors thus elected shall take their seats the
ond Mono ay in January following. and shall serve
for the term of one year. until thei1 successors
are duly elected and have qualified.
8. In the event of no election taking place or
the day aforesaid: the President shall: cause an
other election to take place within ten days there
! after. and give notice of the same by advertise
ment in two of the newspapers of this city.
:. No person shall be capable of being Director
of said corporation who does not, at the time o.
| his election and during his continuance III office
! hold in his name in that of the commercial hru
| of which he may be partner, at least ten saaret
OF the capital stock of the said corporation.
ARTICLE VII
! 1 The Board Of Directors shalt Annually a. the,
first meeting, elect one Of their OWL members a
! President no shall hold his office tOv the term
| one year, or until his successor is elected. The
! Board of Directors shall also appoint ali the Othe
! otf.Ce.s and clerks OF the corporation. ard shal
! fx the compensation OF the President and of al
the officers and clerks employed By said coIpo
| ration.
! ;. The Presiden: shat: preside az all meetings 0
J the Board Of Directors. and at the meeting OF th'
stockholders of the corporation, and shall conduc
the business of the said corporation generally Un
! der the supervision Of the Board OF Directors.
). Books of subscription 10 the capital stock o
the said corporation shal! be kept open by IN
| taken up.
4. No st"ckhoide: shall. in any e~ent, be mad
liable for the losses OF the corporation in any large
sum than tie amount of his, her or their subscrp
ton to the capital stock, and his hex or theiv in
! deb:edness to the corporation.
5. In the absence OF the President. the Board o
Directors shall appoint of their me Ii bers to
in his place. They shall have power to adopt sucl
bylaws as they may deem necessary ana con
venent Cor the government and regulation OF tn
corporation and fill any vacancies which may OC
! eur 10 their number and generally to do and pei
form all other acts matters AID things not herei
specially provided for, conformabiy TO law, whic
shall or may be necessary for carving into full
effect the object and purposes OF this cOrpOratio:
s. The funds of the corporation are 20 be :nveste
according to the resolutions Q; tie Board OF D.
| rectOgS, not otherwise.
! ARTICLE VIII
I. The following named persons shall ",ns'itut
the first Board of Directors of this corporation, q
WIT: Charles Cavaroc, Charles de Ruyter, L. 4. LIZ
marie, Daniel Cobb, John DOihonde, 7. H. Hum
they shall hold their Off until their successors ar
! elected and have q iaiifed they axe hereby IL
| vested with al. the rights and powers thereunt
| belonging, with full power and authority to max.
execute and sign all act acts that shall! or ma
be necessary 20 effect the transfer to the corpora
! ton by Johu DOhOnde of ali the rights title an
| int ar in fa h0R m N
! contract and agreement made and entered int
! between dim and the Crescent City Live StOc