Rapides gazette. (Alexandria, La.) 1869-187?, 1873-08-16
No. 10.1,
1872.
AN ACT

AN All
tRatifying and confirming the Charter of
the New Orleans Waterworks Company,
and TO empower said company to build
waterworks, to lay down pipes, erect fire
plugs, etc, and to assess and collect wa
Ter rates or rents on property on the line
1T its pipes when laid.
WHEREAS, The Fourth and Sixth Dis
,ricts of the city OF New Orleans are entire
" destitute Of water Cor the purpose of ex-
tinguishing fires, to wash and cleanse the
cutters and streets of said districts, thus
Exposing property owners to great losses on
account Of fires, increased rates of insur
ance, etc, and in order to improve the san
itary condition of said districts by bring
ing large and sufficient supply of pure and
Wholesome water for the inhabitants of
said districts; and the New Orleans Water
works company, duly organized corpor-
nte body of this State, proposss to carry on
and maintain works for such ptifposes, the
charter of which said company is in the
tvorts and figures follOTing
STATf or LOUISIANA,
Parish and City Of New Orleans:
Be it known, that on this twenty-foiifth
day of June, i'm the year of our Lord one
thousand eight hundred and se7enty-one,
and of the independence of the United
States of America the ninety-ffth, before
me, Andrew Hero, Jr., a notary public in
and for tile parish and city of New Orleans,
State bf Louisiana, duly commissioned and
qudlife.l, aud in presence of the witnesses
hereinafter named and undersigned, person.
ally came and appeared the several persons
whose names are hereto subscribed, who
severally declared that, awaiting themselves
Al - Al -, N,fa lutt fN hn
organization of corporations for works of
public improvements and for other purpos-
es, they have convenanted and agreed, and
t0 By these presents covenant and agree,
and bind themselves as well as such other
persons, as may hereafter become associa-
ated with them. to form and constitute q
corporation and body polite in law, under
the following regulations and agreements,
viz:
ARTICLE I. THE name and title of this
corporation sfsa1l be TIE New Orleans Wa
terworks Company, and Its domicile shall
be in the city Of New Orleans, in the State
of Louisiana. BY said corporate name the
said company shall have and enjoy sue
cession for the full term and period OF
twenty-five years from and after the date
of these presents, and shall have power
and authority to contract, sue and be sued,
receive, purchase; lease, mortgage. hypo-
thecate and a.ienate or convey, under its
corporate name, property, both real and
personal, of every description, including
rights and actions; to name and appoint
such managers, directors, officers and en-
tloyes as it's interest and convenience may
fepuire, and to make and establish, as well
NJ alter and amend, such rules and bylaws
for the proper management and regulation
Of the affairs of said company as may be
deemed necessary and propey
ART. II. The purposes for which this
corporation is established and the nature
Of the business to be carried ON by it, are
declared to be to acquire, purchase or lease,
and construct, maintain and carry on
works to supply the city Of New Oileansi
and other cities and towns within the par
ishes of OrleaAs and jefferson, with water.
ART. III. An citations or other process
Of law shall be served upon the president
Of said corporation.
ART. ~. The capital stock of this CON-
fsny shall be three million dollars, and be
represented by thirty thousand shares, OF
the sum ofone hundred dollars each. Books
Of subscription to the capital stock of said
company shall be opened by the board OF
directors, and the said stock shall be paid
IN installments not exceeding ten per cent
at snch time as the board Of directors may