New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-10-05
CORPORATIONS.
(HARrEK OF THE LOUISIANA MAN
UFACTIRING AND PROpELLING COMPANY.

VFACTURING AND PRopELLING COMPANY.
Be it known tina. on this twenty.sxth day OF
August. i'll the year one thousand eight hundred and
seventy-three. before Inc, Marco! I. DucrOs, a
notary public in and for the city and parish of New
Orleans, State OF Louisiana. aforesaid, duly ccm.
mssoned and sworn, personally came and APP
peared the parties whose names are hereunto s 3.
ecribed, who declared that availing themselves OF
the provisions Of the statutes OF Louisiana relative
to 1he organization Of corporations in this State.
they covenant, agree and bind themselves, those
whom they represent, and those who may here
after become members OF this corporation, by
subscription purchase, succession or otherwise, TO
form themselves into, and constitute corporation
Tor the objects and purposes and under the stipn.
.atiOns following, 10 wit
ARTICLRY.
The name and title of this corporation shall be
THE Louisiana Manufacturing and PIOpelling
COMPANY. and its domicie is hereby established
ia the city OF New Orleans. State Vt Louisiana,
ARTICLE II.
The objects and purposes OF this association are
hereby declared 10 ba the manufacture and vend.
ing of machinery and engines generally. and epe-
cially for the prOpelng of cars or other vehicles
and also the vending and disposins Of eertsil,
patent rights acquired under the present act.
The president, or in his absence. the secretary.
shall be the proper person upoa whom al citation
ARTICLE III.
The said association shall commence operations
from the date of this char Ter, and shall exist for
the space of twenty five years il shall have the
right TO make contracts in its corporate name, TO
and be sued, ~ own, receive mortgage, pun.
chase and sell movable and immovable property,
.nd make By Jaws Tor the :nana9 eIaent u its SniIs
ARTICLE ".
Tie capital stock Of the corporation is fixed az
two millions Of dollars, represented by twenty
Thousand shares, of one hundred dollars each,
which sha! be paid ia full at ;he time Ot cub.
scriptiOn.
Eigh. Thousand shares o; said stock are hereby
declared to he the property OF Henry C. Bull, OF
New 4 itaI e IA fox
which he ha. agreed to sell and transfer, and does
by these presents actually Sell and transfer to this
corporation all his rights title and interest in all
patents and caveats, applied for or TO be applied
fUT by him. ISSUED 10 be issued TO him, for i'm.
TIM 10. m ~
States teXcept. however, his rights to patent No.
II. 3!,, already sol.i. which said eight Thousand
shares of stock shai! be considered fully paid and
shal! never be- subJec: 10 any Assessment @hatsO-
ever
The remaining twelve thousand shares shall he
offered TO the pubic. Provided however. that for
thirty day, from and after the date hereof the
stO. kholders of The United State. and European
Prope.lIng Car Company shall, 10 the extent of Elk
thousaI d shares. have The privilege to subscribe
to 'he present stock. and TO pay Tor the same by
delivering 20 the presrn, company one share OF
Company. anG fifty cents II cash ."r "Is .H.r" o:
the ~ s"',' :o...I'ah' '1.i' !"'. a." :o''""d
Iereof the bonGr.'t-. =. ! tUi,sr. st.J.. i.,.'
European PropeIliu=; -. ''.n.;;.y ...l - ~. e..
tent OF SIX Thousand sha'.s. Ia :i'e -: ''. -
subscribe 20 the present sto, sg,i /. -!.. ~ '.y
ment bond ~ C.e hundred dollars stii
United States ard European fropelling Car Com
pany. for one share OF one hundred dollars of the
present corporation. No transfer of stock shall. bs
made except GA tie books OF She company.
ARTICLEv
This association shall have a corporate seal. the
device OF which shall! be "a Pelican FEEDING Its
young with the name Of the company and that
OF this city tnc!reIng II.
ARTICLE VI.
This association shall have power by vote OF
all the directors thereof to issue bonds on such
terms and under such conditions they may
deem proper pledging if necessary. the property
however. that such bonds shall only be used to
and provided. also, that said objects are specified
in the resolution authorizing: the ISSUE
ARTICLE VII.
All contracts. bonds, cheeks or other Instruments
issued By this association shall be signed by the
president and countersigned bv the secretary.
ARTICLE VIII.
All the powers of THIS association sila! be exer.
cised bv board of directors. 10 consist of ten
for the transaction OF business. They shah cleo,
al: the officers. clerks and employee. .: The com
psny. and shall have the right OF filling all racar
cies wlic. may occur IA their body. for whatever
ARTICLEII.
The following named persons shai? sOn.fitute
wit: Henry 9. BUT A. W. Walker. : E. Cannon.
T. !. Case. Sam II. Houston. Joseph RAYMOND. NJ
7. Ducros, Ben Welt. J.. E. Austin. George A.
Eaunce and Xhey shall hold their office until their
successors are elected and have .Ualltied. Henry
G. Bull is hereby declared to be president and
perintendent, and Augustus ". Walker secretary
and treasurer OF this association and their term
OF office sinai! expire with shat Vi :he .:st Board
OF Directors
On the frs: MONDAY o: November. !se: nii ti.,-
n;ally thereafter an election 70! zen directors %
this association shall be held by The soc khOl6ers
at the office Of the company from j. A NJ. 70 3p
ay1 s.sIf u n q Ssas -. at 0na la6fln
shall elect. Notice of such election shal! be given
by advertisements Inserted for thirty days in two
newspapers published in the CITY OF New Orleans.
after said election the board of directors shan
eec. from among its nembeIs presidents secre.
taYy. a superintendent and treasurer it sha!.
also elect such officers. clerks and employees a.
may be necessary tor tho conducting OF the busi.
ness of said associations. The president. secr.:ar'.
superintendent and treasurer shall continue in
Office during the term of the board which. elects
them. No director or officer shall! be removed tx
cept FOR iust cause.-charses shal! be preftrre!
against him at a regular meeting of the board and
recorded in the minutes; inquiry shall be called
for by vote of three-fourthso OF all the directors,
and the party accused shall! be allowed the priv
lege to defend himself. The decision of the board
shall be rendered at a subsequent regular meeting,
and the party in accusation shall only be removed
by vote OF three fourths OF all the directors.
ARTICLE XI.
An. stakeholder or stockholders representing il
the aggregate one-tenth ot .hs capita. stock o:
this association may demand from the president
tn. eoIvscdtion of general meeting OF the stock
holders, and the refusal neglect of the pre.io
dent so to do said stakeholder stockholders 10
and are hereby authorized, five days after such
uand, 8" call such general meeting by advertise.
meats. signed by the party or parties making .uc
call. and inserted for thirty days 81. 1--WE :.w..
papeys Published IN this city.
ARTICLE XII.
The stockholders of this association. a. tie -e;.
eral met ting convened aforesaid or at a genera!
meeting convened as provided for in article thi.
teen. shall have power to make anv changes, aldi-
tions notifications 70 this act OF incorporation
10 dissolve the company. provided thre.-touTths
OF the stock present and sepresen at such meet
ipg shall vote IN favor Of such proposed measures:
AID any and all such changes, additions. inoditca.
tons or dissolution shall be j, corcej a. required
bylaw
ARTICLE XIII,
The liquidation of the affairs of the company.
whether the same be dissolved by termination Of