New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-12-10
CORPORATIONS.
issue all notices thereof, whether directed to
tOns

issue all notices thereof whether directed to
stockholders or any other persons or corpora
The treasurer shall receive the funds of the cor
poratiOn and disbursa the same under instructions
from the Board of Directors, and by their dele
gated authority, taking the necessary receipts aud
vouchers therefor. He shall deposit such funds in
any chartered bank any other place of safety
subject to such additional safe guards as the
board may see proper to impose. He shall keep all
tne accounts OF the Grafton and he shall, as
oiten as is required by the board, report the nan
cal and monetary condition of the corporation.
ATTORNEY.
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 pres-
dent, make all necessary surveys and estimates
give all lines and levels and prepare all maps and
charts that may be required In the interest of the
corporation. He shall do and per;orm all other
acts, under the presidents instructions. that ap-
pertain to his Office.
ARTICLE XIV.
Prohibition.
No director 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.
The stock holders of the corporation at general
meeting to be convened for the purpose after thirty
days notice in one or more newspapers published
in the city of New Orleans may make any moditi
cation, addition change in the act of incOrpora
tion or may even dissolve the same, with the as
sent Of three fourths of the stock represented at
such meeting, and any and all such notifications
additions changes or dissolution shall be recorded
required by law provided that nothing herein
contained shall be in conflict with the provision of
article VIII
ARTICLE XVII
Annual Statement, Reserve Funds, Divi-
dends.
The Board of Directors shall furnish, and cause
to be published in one or more OF the newspapers
of the city of New Orleans, annual statements of
the affairs OF the company, sworn to and sub
scribed BY the president and secretary.
there shall be deducted yearly ten per cent, TO be
carried to the reserve fund and of the remainder
the general uses Of the company, and the other
half shall be divided among the stockholders pro
rata on the sums severally paid by them.
ARTICLE XVIII.
Liquidation.
At the expiration of the charter, or sooner, if or.
dered above, the affairs OF the corporation shall
be liquidated, it's debts paid, the balance divi
ded among the stockholders pro rata the sums
ence of three commits siOners who shall be stock
holders, appointed by the Board of Directors for
that purpose.
Thus done and passed, at New Orleans in my
Office on the day. month, and year first above
written. in the presence of Messrs. Gustave LIE
Gardeur. Jr., and Ambrose G. LaPice competent
witnesses, residing in this city, who have signed
with the said appearers and me, notary. after due
reading of the whole.
Originally signed:
A. GERARD,
4. DEBUYS
J. TUES,
P. C. REGARD,
d. L. KERNISN,
A. TERrROU,
CHARLES NATHAN
w. B. SCHMIDT,
J. LANGLES.
A. G. BAPICR,
G. LEGARDEUR, JR., Witnesses.
A. Pilot, JR., Notary Public.
l. the undersigned, deputy recorder of mort
cages in and for the parish Of Orleans do hereby
certify that the above and foregoing charter of the
"LabOring Homestead and Cooperative Association
of Louisiana" has been duly recorded in my Office
according to law in book Nc. ls, folios 297, 298,
299 and 800.
New Orleans, December Q, 1873.
c. DARCANTEL, Deputy Recorder.
true copy:
delO A. PILOT, JR., Notary Public.