New Orleans Republican., 1873-06-27
CORPORATIONS.
STATE OF LOUISIANA.
PARISH OF ORLEANS, CITY OF NEW ORLEANS.

PARISH OF ORLEANS, CITY OF NEW ORLEANS.
Be Il known, that Oh this twentieth day of May,
in the year of our Lord 1878, and of the indepen-
dence OF the United States of America the ninety
seventh, before me, Andrew Hero Jr., notary pub
hc in and for the parish of Orleans State Of Louis
lana, duly commissioned and qualified, and in the
presence OF the wtnt hereinafter named and un.
dersgned personally came and appeared the several
persons whose names are hereto subscribed, being
stockholders or duly authorized representatives OF
stockholders of THE vALLETTB DRY DOCK CON-
PANY, duly organized corporate body Of this
State, donciled in this city, created by an act
passed before Edward q. Gottschalk, late notary
in this city, on the sixth day of January iS6c,
which said appeareIs declared that after due and
legal notices and publications, d general meeting
of the stockholders of said company was con
vened and held at the office OF the Cresct ut
Mutual Insurance Company in this city, beng the
place designated by tie President OF said 'aliette
Dry Dock Company for the purpose of making
certain notifications, additions, alterations and
changes in and to the original act OF Incorporation
Of said Valette Dry Dock Company. as well as in
the act amendatory thereof. PASSED before seiim
Magner late notary in this city, OF the twenty
fourth day of July, 1862 and that at said general
meeting stockholders OF said company, or their
duly authorized representatives representing hf-
teen hundred and thirteen shares OF the capital
stock of said VaIlette Dry Dock Company, being
more than three-foLrths of the stockholders i'll
amount OF stock. unanimously assented and agreed
that the following changes OF amendments should
po1ation ct said vallette Dry Dock Company and
the aforesaid act amendatory thereof. v.z
ARTICLE II.
That said article be amended and changed by the
substitution of the following, go thai Il WI! here
after read and oe as follows
'The purposes for which the Eallette Dry Dock
Company is established and the nature OF the
business to be carried on by the same, are hereby
declared to be the purchase leasing and construct
ing or letting and hiring of its own ether decks,
and the building and repaiIing vessels Of every
description, and for such other purposes IS axe
belonging Or incidental 70 such business
ARTICLE III.
That said article re amended and changed by
the substitution OF the following, SO that It viii
hereafter read and be as follows, VIZ:
THE capital OF tins corporation Ghall De the
sum of one hundred thousand dollars 70 te repre-
sented by two thousand shares Of fifty dollars
certificate at present outstanding for share OF
one hundred dollars of stock IL the said Valletfe
Dry Dock Company shall be delivered up, ana can
celed, and the holder OF owner Thereon shail re-
ceive in lieu thereof . certificate for shS1e OF
fifty dollars"
That said article be amended and changed by
the substitution Of the following so that it Will
hereafter read and be IS follows viz:
IAN the corporate powers OF THIS corporation
shall be exercised by and vested in a Board OF
whom shall be elected President of this corpora
tiOn-to be chosen by ballot at an annual meeting
of the stockholders on the third Monday OF May OF
each and everv year. Said Board OF Directors shail
continue in office until their successors shall have
been chosen: shall elect appoint such officers as
the interests and convenience OF sad company
shall make and establish, as well as alter or amend
at pleasure such bylaws rules and regulations,
for the purpose of management and regulation OF
the affairs Of said corporation the said Board OF
Directors may deem necessary or proper SAID
Board of Directors al their first meeting shall elect
one or two managers, as to the said board shall
seem meet which said manager or managers snail
have charge of the docks and yards and purchase
all materials for CARVING on i the business OF tne
Ics wofkmen and laborers employed n the yard
and docks and fix the rate of wages of all such
at viii; also soc collect ali amounts due to the said
company, pay all those due 10y the same,
keep an account in some chartered bank III
New Orleans tapproved by the Board OF birec.s u
the company, except il may be small sums needed
for daily business, and draw such money out OF
such bank only Oh checks signed by one OF SAID
managers and counter signed by the secretary OF
the company. All notes of the corporation must
be signed by the president and one OF the mana, a,
SAID directors to lease said company DOCKS lhere
shall be a monthly report from the managers TO
the board Of directors of the business of SAID COM
pany, with balance sheet showing all the trans
actions of the company for the month past, which
shall be subject to the supervision OF the directors
and the future control of the board. The SAID re
port and balance sheet, with the acton OF the
board thereon, shalt be copied into Dook pre-
! pared for that purpose and the same shall be at
all times subject TO the inspection Of any stock
holder There shall be "a secretary OF the company
who shall also be its book keeper chosen annually
by the aforesaid board OF direct He shall keep
regular set of books in which entries shall be
made of all TRANSACTIONS of the corporation. He
shall also be secretary Of the board OF dilec:eIs
ARTICLE VI
That said article shall be amended and changed
by the substitution of the following, SO that VIII
hereafter read ard be as follows, viz:
Zach of the subscribers hereto. and every other
person who shall become q subscriber OF stock
holder in accordance with this charter, sa De ell.
titled to one vote, either in person or by proxy
for every share of stock held by him heI, Z OF
them at ali and every meeting OF the stOckhoideI
OF this company
ARTICLE VII
And that IN said article seventh. in order 70 cor
respond with article fifth, as herein amended the
word second" be expunged and the word third
substituted therefor 50 as to make the same mere.
after read Oh the third Monday of Nay of each
year" in lieu of ''the second Monday of May"
Wherefore, the said appearers, each representing
the number of shares of the capital stock OF the
| said vallette Dry Dock Company tet opposite his
its their respective names or signatures hereto
i and together owning more than three ee-tonrths IL
amount of the capital stock thereof hereby form
ally acknowledge and clare that the above specl
| ned notifications, additions, alterations and
changes in and to the original act OF incorporation
Of said Vallette Dry Dock Company and the ac1
amendatOry thereof, as aforesaid, have been duly
made and adopted. Said articles second, third
fifth sixth and seventh thereof have been changed
or amended to hereafter read OF he as herein
| before specified; ard they hereby authorize ant
| require the same to be recorded and published II
| the manner required BY law, to the end that the
| said alterations, changes, additions or modihca
| tions shall hereafter Be binding upon them, ant
| all such other persons as may hereafter become
| stockholders of said vsllette Dry Dock Company.
| Thus done and passed in my office, at New or
leans aforesaid, in the presence Of Messrs George
Cenas and Paul A. Cmand, competent witnesses
| both of this city, who hereunto sign their naIne
| with the said parties aud me. notary. on the day
| and year aforesaid.
Original signed:
i