New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-12-21
CORPORATIONS.


Issue al 1otces thereof, whether directed 70
tions. - w 'Si"-
fRKAscRBR.
The treasurer shall receive the funds Of the cor.
poration 81 d dsbu, the same under fnstrnctions
from the Board Of Diructers and by their dele
gated authority, taking the necessary receipts and
vouchers therefor. He shall deposit such funds in
ADV chartered bank or any other place of safety
mat may BE- designated by the board. He shall be
subject to such additional saf- guards az the
the accounts OF the corp ration and he shaif A.
otter as is required by the board report the tsnan-
ciai al d monetary condition Of the corporation
The attorney shall be the legal adviser Of the
board, and prosecute and defend all suits to which
The corporation may be party.
SURVEYOR.
The surveyor shall, under directions Of the presi-
dent, make all necessary surveys and estimates.
give All lines and levels and prepare all naps and
charts mat may be required in the interest of the
corporation. He shall do and perform oil other
acts, under the presidents instructions. that ap-
pertain to his Office
ARTICLE XIV.
Prohibition.
No director or officer of the association will be
permitted to purchase or otherwise acquire prop
from SAID association during their term Of Office
ARTICLE XVI
addition, Change, Dissolution.
Inc et0cE holders OF the tOrpOrAtlOn, at q general
meeting to be CONVEX ed Tor the purpose after thirty
days notice in one or more newspapers published
in the city of New Orleans, may make any modif
cation addition or change in the act Of incorpOra
ton, or may even dissolve the same, with the
sent of three fourths of the stock represeut.d at
such meeting and any and all such mndihcations,
additions. changes or dissolution shall tie recorded
as required by law; provided that nothing herein
contased shall be in conflict with the OF
article VII - -
ARTICLE XVII.
Annual Statement, Reserve Fuuds, Divi-
dends.
The Board Of Directors thail furnish. and cause
to be published in one or more of he newspapers
of the city OF Nav Orleans, animal statements Of
the affairs Of the company, sworn to and sub
scribed by the president and secretary.
Prom the net profits atcruing to the company
there shall be deducted yearly Ten per cent, TO be
carried the reserve fund, and OF the remainder
nsf shall be retained for and appropriated to
half shall be divided among the stock holders pro
rata on the sums severally paid by Them
ARTICLE XVIII
Liquidation.
At the expiration Of the charter, sooner, If or
dered above. the affairs of The corporation shall
be lquidated its debts pail. the balance divi-
ded among the stockholders pro rata on the sums
severaly paid, undrr tho charge and snpAl intend
euce of three co nmssiOnera, who shall be stock
holders, appointed BY the Board of Directors for
Thus done and passed, at New Orleans, in my
| Office. on the day. month, and year FIRST above
Gardeur Jr., and Ambrose 6. LaPice. competent
witnesses, residing in this city, who have signed
with the said appearers and me, Notary. after due
reading Of the whole.
| originally signea
| A. GERARD,
| F. DEBUYS,
| J. TUES,
| 7. G. PICARD,
| D. l.. KERSISN,
| A. TER rROU,
| CHARLES NATHAN.
| w. B. SCHMIDT,
| J LASGLES.
| A. g. LAPIcs,
| q. LEGARDYuH, JR-, witnesses.
| A. PITOT JR., Notary Public.
| I, fhe undersigned, deputy recorder of mort
cages in and for the parish Of Orleans, do hereby
certify that the above and fore going charter OF the
"Laboring Homestead aud Co pe rative Association
| of Louisiana" has been duly recorded in my Office
according to law, in book Nc ll8. fohos 2s7. 2!S
| 1893 and 300.
| New Orleans, December 2, 1879.
c. DARCAHTEL, Deputy Recorder.
| Z true copy:
| deIO 4. PILOT, JR-, Notary Public.