New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-12-14
CORPORATIONS.


issue all notices thereof, whether directed ID
tiOns. -
TRRAsuRRR.
The treasurer shall receive the funds Of the cor
Porafion and disburse the under instrRctio
from the Board Of Directors, and by their dele
gated authority taking the necessary receipts and
vouchers therefor. He shall deposit such funds In
any chartered bank any other place of safety
that MAY be designated by the board. He shall be
subject to such additional safeguards as the
board may see proper to impose He shall keep ali
the accounts OF the cOrpI ration and he shall. az
often as is required by the board. report the nan
clai aAd monetary condition of the corporation.
ATTORNEY
The attorney shall be the legal adviser of the
board, and prosecute and defend all suits which
the corporation may be a party.
SURVEYOR.
The surveyor shall, under directions Of the presi
dent, make all necessary surveys and estimates
give all lines aud levels and prepare all maps and
charts that may be required the interest of the
corporation. He shall do and perform all 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.
The stockholders OF the corporation. at general
meeting to be convicted for the purpose tet thirty
days notice in one or more newspapers published
in the city of New Orleans, may make any msdif
cation addition change in the act of incor pora
ton, or may even dissolve the same, with the
sent of three fourths of the stock represented at
such meeting and any and all such notifications
additions. changes dissolution shall be recorded
az required by law; provided that nothing herein
contained shall be in conflict with the provision OF
ARTICLE XVII
Annual Statement, Reserve Fuuds, Divi.
dends.
The Board Of Directors shall furnish and cause
to be published in one or more OF the newspapers
of the city of Nav Orleans, annual statements of
the affairs of the company, sworn to and sub
scribed by the president and secretary
there shall be deducted yearly per cent, to be
carried to the reserve fund, and of the remainder
one-naf shall be retained for and appropriated to
the general uses of the company, and the other
half shall be divided among the stockholders pro
rata on the sums eeverally paid by them.
ART1CLE XVIII.
Liquidation.
At the expiration of the charter, or sooner. If
dered above the affairs of The corporation shall
be lIqui,iated ire debts paid, the balance divi
ded among the stockholders pro rata the sums
severally paid. under the charge and superintend.
ence Of three co nmiesioners 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
reaGiug of the whole.
Originally signeo:
A. GERARD,
e. DEBuY>,
J. TUES
z. C. REGARD,
T L. KBRNIsN
4. TER rRoT,
CHARLES NATHAN.
W. B. SCHMIDT,
J. LANGLES.
A. G.. LAPrCH
G. LgGAHDHuR, JR-, Witnesses.
A. PITOT. 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 aud Co operative Association
of Louisiana" has been duly recorded in my Office
according to law in book Nc. l18, folios 297 2t3,
1893 and 800.
New Orleans, December g. 1873.
c. DARCANTBL, Deputy Recorder.
true copy:
del0 A, PILOT. JR Notary Puhlic