New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-01-11
CORPORATIONS.
CHARTER.
IHARTER.
STATE ~ LOUISIANA
PARISH OF ORLEANS, CITY OF EBW oRLBAss.


| lea the ninety seventh, before Inc, Armand Pilot
Jr. notary public duly commiss oned and swor1
| III and for the parish and city aforesaid. therein
eelGtng and III the presence Of he witnt here
| matter named and Undersigned personally CANT
| and appeared thu parsons whose names ara herein
| after subscribed, who declared that they agreed
| and eovenant<d and do, by these presents agree
| and covenant to form theEls Ives into a CORPORA
| non for the object and purposes, and under the
stipulssions, regnia lions and Obligations following
10 witf
| ARTICLE L
| The name OF the company shall ne the New Or
| leans and Grand Ecore Packet Company and it's
| Orleans and it shah exist and continue for the
term of twenty-five years from the date of these
! pre- ents unless soOIier dissolved. The company
shall have seal, having for inscription the name
OF The coInI any.
ARTTCLB IL
The operations Of said company shall bs the pUr-
chase, or bidding, or chartsriEg Of One or more
steamboats,, and tho carrying of freight passen-
gers, or both on SAID boats. up and down the Mis-
sisslPpi faver and Rcd river and tributaries.
ARTICLE iii.
The capital stock of said company is hereby
hxei at abe sum of one hundred thousand dollars,
dNioed into shares OF one hundred dollars each
To be paid tor IS follows to wit: thirty per cent as
son as the company goes into operation, and the
oa,AnSe IN inssa nts OF ten per cent upon tho
Gall OF eve Board OF ectOrs thu necessities of
he company may require it, This company shall
60 into operatIon as soon as The sum OF forty
Thousand GoitaT ls subscribed for.
ARFtOLB ~.
The affairs of the said company shall be under
the direction of Board of Control composed Of
tive stockholders, possessing in their own name or
that OF the firm OF which they are partners not
hess IMAM tive shares of the stock OF tho co IL psny
ARTICLE v.
SECTION I. The regular meeting of tn. stock
holders shall be held Annually ON the THU d Monday
VI Oct9eer, 81 which meeting ma. GRITTY in capital
stock, represented at the meeting shall choose
five OF the members to serve directors for the
ensuing year At sH1h election each share of stock
shall no entitled 10 one vote and the directors
elect shall within Ave days after their election or
ganfze into board by appointing of their
Lnen!otrs as president. The b. ard thus Or
gauzed shall have power 10 appoint all officers
or agents and fix their res, eCtiva eompensatious
The board shali also appoint secretary, whose
duty independent of Gther7 that might be ascr bed
TO him. shal be - attend abe meetings OF the
boa T. and keep correct record OF their proceed
mga.
Ssc- 4 A failure 10 elect directors IA aforesaid
shall II dissolve the eOrDoratiOn hut the board in
office shall continue 10 exercise the functions until
a new board can be elected
SEO. J. Three M mbers of said Board of Control
shall constitute quorum for the transaction of
business, and the said board IS hereby invested
with fal power to frame and adopt such by.laws
rules and regulations as they may deem requisite
and III oesssry for the company and the transac-
ti0ns OF its affairs, PROVIDE the same shall not
eonfict with the true intent and meaning Of this
act OF incorporation or the laws Of this State
They are hereb authorized to buy, sell and charter
st+amsoats- mel for tho use Of the company, to
make contracts. lelsts, mortgages, hypot heca-
uons and compromises; to borrow money and to
build, to be built one or mora sIaaYn hots
for SAID company.
SIC 4 The Board Of Control shall make dtvi.
bends as often as they think desirable and proper
sEG. D. IL any member of said Board OF Control
should cease to be "a stOckholtpr during his term
of service, his Office shah thereby ipso factc be-
come vacant. Aud III the event of the death, per
m;tnent absence, or resignation, t. vacancy from
what yer cause) of anv member If said Board of
Control, the bDard shall have power to fill vacAn.
cies Oeoasieued thereby until the first regular
meeting thereafter of the stock oders of the said
Company for the election Of officers of the com
panY.
Sxc. 6. The Board of Control shall meet monthly
for the transaction OF business, and the president
may cail them together at any time by giving
twenty. four hOars' notice in writing
hEs .. NO two partners whose subscriptions are
IN the name of their commercial firm shall be ELI
glbis al abe same time as members of the said
board
aRTCLB We
SE0rIos ]. Ii shall te the duty of the presiden
of SAID company TO keep, cause TO be kept in
bound books, in the name of the company, o cor.
rect record of all it's proceed gs tTanssr lions ac
eouuis property business and affairs "a well "A
full and complete de- allied accounts of the receipts
and disbursements thereof He shall moreover,
act as the treasurer of the company and keep a
t ash account in one Of the banks in New Orleans
subject to he approval OF the Board of Control in
the name and for account of the company and to
b. alone authorized and empowered to dra W
checks and transact all banking business thereof
III" pr sdent OF the company Is the proper person
on whom citation shall be served.
AhIIOkB Va.
When the u ri0d arrives from any cause for fhe
winding up OF the conc rms OF thia company three
stoc holders shall be selected by gjOrity of the
$ oct holders at general meeting, whose duty it
shall be tn convert all the assets OF the corpora
ton into cash and after the pay nlent OF the habil-
tiles of the company disburse the surplus funds
among the stockholders IN proportion to their re-
sIsc eVs shares aRr,cp v,u
40 stOekRoldeF shah ever be held liable or Se4pon
Sihk5 for 1hp fOnfFapfg EAul1a n he,
hey ohd the amount OF his stock III said company
ARTICLE TX
For the purpose OF starting and putting the com.
psny into operation. the following named stock
holders TO wiz John @. Mitchell 50 Michel Die
trich ESQ.,, Horace Il. SHROPSHIRE Esa JOHN A
tinted a temporary Board OF Control, whose term of
Office shall expire as soon their successore are
elected and have qualified.
ARTICLEy
The 'Rarses and respective interest Of the sub.
er bersS TO this act and the amount of their re-
spective shares are hereby declared to be as fol-
lows
John c. Mitchell, Charles H Brown
Horace X ShraBshtrtS, Robert M. WalmAey
George w. Tucker I. J. O. Bachelor,
john u Mitchell al ii. Carver
Casp3ri DietrISHS Peter VenlerHen,
Cans C0.oo william NJ. Lew
D. Pie, sOn. William H. Jack
X. Sompayrnes John Genoe
Alex GaTsin, Y. Halter
J. j. MeCook v,ss willis Holmes.
Bmie DeblieuxS + smith,
J. Ducasse, W. h Carr,
A K. Leinee Il. Simon
rrichsl& AirevS Amb. DebheuS,
John p. Csmpbeio J. H.C0sgreve
Charles L. PerOt, 7. LaOostS,
J. A. DlcourneaSS L. buple9
T. SehumaDo J. hessi,
P Poete, Is. Kahn 4 CO.
H. LchtenhensSNsH @. FontenOt, |
A. Perrini, T. II. Burdck.
Hy. Levy, y. NJ HartmapS I
II. Jaffa, q Nrlkm, |
John Rusca, = Isaac Jasob, |
wienburg q RofSo q. Weinburg
Mrs. Gr0san, John ChambereS
A. J. Ducote Sarah Mayer I
siose RoswIthss j. ]. Porthtris !
". B. Harper. N. T. DoEier
A. Jarreau, o. W. JohnstorS
Frane1is BagbieGb Lonis Abadie.
g. David, J. Goodman
Julius Levine ~. q :. We'll
B. G. Duke, J. A. Williams.
]. G. French, Jonas RosenthsE |
David EuhrnayeS t1fike LPgras
sam Pineus, James ". Osborn,
Henry A. BOissaEn Thomas Wood ~ardsN
I'm Butler, Sol Hess,
Joseph H. HyusOrS J. Jacsson,
DaI FL GrhT Henry st. John
John s. Well, ifoloIn~n Mey CT
Louie TexadA & L. Psrson,
Iohn Chimney. HB. WamsleYe Cos
Patrick KeloneS d. CiavaTie,
?. n. Pier MANI J., DroTrin,
=. Regard. .. j. O. Monin, |
george W. Tu6see Horace z. SIr%p.b i,
Oscar Chopin. Co.. |
A. A. hOutor. o. H. G BrownN5 ~ A.
w. II. Laugheld Q Gno q Co,
James RhOrp~ r. A. Boycr
H. A. Thomson, 6taffOrd L CuIleAs 4
T. Spence smith, l.. Mctiinnis
Louis Lawrence Horace BrpedloyAN
Milling Bolton, Nv. A. tx fin
u. J.. Morgan Gsl@. . Clars
William Strong Sphn Schwartsenbess
I. Kelly, P. w. Lssky,
!. N. NJ" 4 ia xsls. FL W T%fSi (
J. IS. Wells "a. q. Compton )
sr. HerbeTa J.s SnsIling |.
n Hyn.no so. ~ AtaTers d