New Orleans Republican., 1873-07-13
CORPORATIONS.

place designated by the President Of said valerie
certain notifications, additions. alterations ant
changes in and to the original act OF incorporation
OF said Vallette Dry Dock Company as wei ss ss,1 ~
Magner, late notary in this city, on the twenty
fourth day of July, 1862 and that at said genera
meeting stockholders of said company, or theil
| duly authorized representatives. representing M mr.
| teen hundred and thirteen shares tf me CAPITA
| stock of said Vailette Dry Dock Company being
more than three-fOUrths of the stockhOlders IN
amount of stock. unanimously asseLted and agreed
that the following changes or amendments snou!d
ne made N and to the sad Original act OF Moor
| the aforesaid &C. mandatory thereof. VIZ:
ARTICLEn.
That said article be amended and changed by the
substitution OF The following, hat :: VII mere
after read and oe as follows:
Company is established. and the nature OF the
business 10 be carried on by the same aie mere pS
declared 20 be the purchase leasing and cons truct
ard the building and repairing OF vessels OF every
description, and iOI tuch O.hei purposes as AIe
belonging or incidental to such b1s.Less.
ARTICLE H.
That said article De amended and changed by
the substitution OF the following, SO that !. VIII
hereafter read and he as follows, VIZ:
The capital of this corporation shall be the
sum OF one hundred Thousand dollars, 10 oe IepTe-
sente3 by two thousand shares o: fifty dollars
each, and to this emu and p.!Ipose each ana every
4
one hundred dollars of stock N the SAID Vailette
Dry Dock Company shall be delivered up. and can
celed, and the hoider or owner tEeteoi tha.i ie;
ceive in Leu thereof . certificate .o1 share u
fifty dollars
That sad article lie amended and changed Sy
the substitution of the following SO that Il wil'
hereafter ;e2d and be as follows. VIZ:
"All the corporate powers oi this corporation
shall be exercised by and vested IN Board OF
Directors consisting of five stockholders-one OF
wi shall he eler-pi President OF this
ti0n-to be chosen by ballot al an annua! meeting
Of the stockholders on the third Monday OF May OF
each and eyerv year. Said Board OF Directors snail
continue IL office until their successors shai nave
been chosen shall elect or appoint such officers as
tie interests and convenience OF said company
may require, and IL or determine ali salaries and
shall make and establish, as well as alter or amend
at pleasure such by laws, Iuies and regulations:
for the purpose of management ard regulation OF
the affairs Of said corporation, as tie sand Board OF
Directors may deem necessary OF proper Sald
Board of Directors al their first meeting shall eject
one or Two managers, as to the said board shall
seem meet. which said manager or managers shall
have charge of the docks and yards and purchase
corporatioD; they shall hiye all foremep, mechan-
,cs workmen and laborers employed II the yard
and docks, and tx she rate OF wages OF all such
workmen and labOrers, as well as discharge tnem
at viii: also collect Al! amounts Gle TO the sal0
company. pay all those due 10y the same,
keep an account IN some ON ~, Rrd ~ oaH n1ec, IA
orsI in which al moneys received tor account OF
tine company. except i may be small sumo needed
such bank only on checks signed by one Of said
managers and cOUntersgned by the secretary OF
the company. AL notes OF the corporation must
be signed by the president and one OF the mana
gers and .t shall require vote OF four-ffths of
SAID directors to lease said cOmpanys docks. There
shall be a monthly report from the managers TO
the board Of directors of the business of said com.
pany. with q balance sheet showing all the trans
actions Of the company for the month past, winch
shall be subject the supervision OF the directors
and the future control OF the board The said re-.
port and balance sheet. with the action OF the
pared for that purpose and the same shall be at
al! times subject 10 the inspection OF any stock
holder. There shal! be secretary OF the company.
who shall also be its book keeper, chosen annually
bv the aforesaid board OF directors. He shaia keep
Z. regular set OF books, in which entries snail be
made Of al. transactions of the corporation. He
shall also De secretary Of the board OF d1Isc:ore
ARTICLE VI
Tia. said article shall be amended and changed
by the substitution of the following, that il Will
hereafter read and be as follows. VIZ
zach of the subscribers hereto. and every other
person who shall become a subscriber or stOck.
holder in accordance with this charter shall be en-
for every stare of stock held by him. her, it oT
them, at all and every meeting OF the stockholders
OF .Lis company.
ARTICLE VIZ
And tba. IN said article seventh r order 20 cor
respond with article fifth, as herein amended, the
word second be eXpunged and the word ''third'
substituted therefor, as to make tho same here
after read. on the third Monday of May of each
year." in lieu of tile second Monday OF May"
Wherefore. the said appearers. each representing
tine number of shares OF the capital stock OF the
said vallette Dry Dock Company set opposite his
its or their respective names or ssnatu.es IeFeIo
amount Of the capital stock thereof hereby fern
ally acknowledge and dec that the above specl.
fed notifications. additions. alterations and
changes in and 10 the original act OF incorporation
of SAID Vallette Dry Dock Company and the act
amendatory thereof, as aforesaid have peen "a du =
ay,I tod Said art1 n 90
fifth, sixth and eeventh thereof have been changed
or amended so as to hereafter read he herein
before specified: and they hereby authorize and
require the to be recorded and published in
the manner required by law, to the end that the
said alterations. changes additions or modlnca,
tons shal! hereafter be binding upon them, and
all such other persons may hereafter become
stockholders of said vallette Dry Dock Company
Thus done and passed in my office, at New Or.
Cenas and Paul A. Conand competent witnesses
both Of this city who hereunto sign their names
with the said parties and me. no'ary..on the day
and year aforesaid.
Shares
rolrer L Co. l3C
David B. Goodwin ................... 81
Mary E. Blake. by L. F. Tower 80
E. A. Porter by G. F. Porter. u
O. F. Vailette "
T. Nallette. ~
George Baker...... .........: :............... ~
Crescent Mutual Insurance Company. per
Thomas A. AIams presidnet .l61
Thomas A. Adams. ...................... 81
Home Mutual Insurance Company OF New Or
leans. A. Brother, president ................ ~
s. hernandez & ,..,,,,,,,,,... &C
j. J. Fernandez. IL
Factors and Traders Insurance Company. II.
Doape president: a w.. ou,a., ~ u
A. Chapella. president nt....................... 4
Merchants Mutual Insurance Company. P.
Fourchy president .......................2l( .2l(
New Orleans Mutual Insurance Company. J.
Tuyes, president. .............l2t
F. Newhall..
Louisiana Mutual Insurance Company. Charles
Briggs president. ........................... 10,
August Bonn. ............. ................. n
Louisiana State Mutual Insurance Company. L.
Baquie. cOmmissi oner. u
GubernatOr Terry ...,.. o