New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-09-13
CORPORATIONS.
QUARTER. ................' CHARTER
UNITED STATES OF AMERICA.
STATE OF LOUISIANA.


STATE OF LOUISIANA.
CITY OF NEW ORLEANS PARISH OF ORLEANS.
Be it known that on this thirtieth day Of August,
in the year of our Lord one thousand eight hun
dred and seventy three, Before me, Charles Milton
Emerson, notary public, duly commissioned an
sworn, in and for this city and the parish of Or
leans, therein residing and in the presence OF the
Witnesses hereinafter named ana unaeisiSneu per
and undersigned, who declared that IN compliance
with and by virtue of an act OF the Legislature Of
tits State relative to the organization OF corpora
tions for works of improvements and for other
purposes they hereby form themselves into Ger
poIate body, under the rules, PROVISIONS ana stpu
latiOns embraced in the following ARTICLES TO VIII:
ARTICLE 1.
NAME, TITLE AND DOMIC!LR.
The name of this corporation shall be the NEW
ORLEANS BUTCHERS HIDE AND TALLOW COM.
PANY and its domice is established at New Or
leans, in the State Of louisiana
ARTICLEH.
OBJECT, PURPOSES AND CITATION.
The object and purposes of this company are de-
clared to be and shall be the purchase and sale of
hides and tallow and the preparation of the same
for market. Citation and all legal process shall be
served upon the president, OF. LII his absence, at
the office OF the company IN the hands Of any clerk
ARTICLE III.
CAPITAL STOCK AND SHARES
The capital stock OF this company shall be one
UuLOTtu tDOubAEu OOlliFS. OINlutu luto 10ur tuOu-
sand shares of twenty-five dollars each. Of the
amount of said stock, onetenth shall be paid at the
time of subscribitg for the came, and one fifth of
the remainder shall be paid every thirty days
thereafter. The company may go into operation
and commence busine So as soon as one thousand
shares shall have been taken.
ARTICLE "
DIRECTIONS, ELECTIONS, ETC.
The fairs and business Of the company shall be
mana ged and conducted by board of thirteen
directors. each OF WHOM SHAH Owl at least ten
shares of stock. The directors shall be elected
for the term OF one year at the annual meeting of
the stockholders, which shall be held on the first
Monday Of January of every year. and they shall
continue in Office until their successors chosen.
shall not operate as a dissolution of the company,
but the president shall cause another election to
be notified and held thirty days thereafter, unless
the stockholders present al the annual meeting
shall vote to adjourn to another day. At all meet
lpgs of stockholders every stakeholder shall be
entitled to vote on every share held by him up to
twenty shares but 10 one shall be entitled to more
than twenty votes. Votes may be thrown by
proxy. but the proxy must be a stockholder.
ARTICLE V.
SPECIAL MEETINGS.
Special meetings of stockholders shall be called
by The president on the written application Of not
less than & We members at such time as NAV be
specified, being not mora than ten nor less than
three DAYS from the notices. Notices of all meet
ings shall be by personal summons publication
in two OF the daily newspapers ct this city.
ARTICLE VI
OFFICERS, ETCs
The Directors shall elect one of their number as
president and another vice president. They
shall also elect a secretary, who shall be book
at all meetings of the Board, and at all meetings
of the stockholders, and in his absence the vice
president shall preside, and in the absence of both,
any member present NAV be chosen to preside
ANY vacancy that may occur III the Board shall be
filled by the Directors.
ARTICLE VII.
NEkfIEGs OF THE BOARD, Etc
The Board of Directors shall meet at least once
hour fixed. They shall have power to appoint all
employees, and TO remove them at pleasure, and X
theiy salayies and wages.
ARTICLE sIIf.
qRAysJER OF STOCK AND LlAB!Llfge
transfer of stock must be made on the books Of
the company III person or by power Of attorney,
but DO transfer shall be allowed if any payment is
due the stock without the consent of the direc-
tors. The stockholders shall not be liable for debts
of the corporation beyond the unpaid balance due
their stock or of their Indebtedness for the
same. No transfer whatever shall bs uSde with
out the consent OF the directors.
ARTICLE TX
POWERS OF CORPORATION.
THIS corporation shall have power and authority
to have and Joy succession by their corporate
name for the period of twenty-five years; to con-
tract, and be sued in said name; to make and
use corporate seal, and the same to break, alter
and amend at pleasure; to hold, receive purchase
and convey all kinds of property, real and per-
sonal, and by its Board of Directors ordain and
establish such rules and bylaws may be neces
sary and proper. provided the same are not repug
nant to the Constitution anu laws of this State
of the United states OF to the yTOvisioLs OF teis
ehSrtSEe
ARTICLE X
ARREARS
EhouYd ans stakeholder refuse or no glece to paw
any installnent due on his stock within sixty days
from notice to that effect the Directors shall have
power to sell said stock and credit the Geling uent
with tine Eet proceeds.
ARTICLE Xl
access 20 BOOKS, ETC.
The stockholders eli Ali have access 70 the books
o. the company at all reasonable hours, and
balance sheet shall be prepared foY inspection
every stTee Months.
ARTICLE XII.
DIVIDENDS.
At the end OF every commercial wear or ofteneY
il deemed advisable by the Board of Directors
such dividends OF the net profits sb all be declared
and paid the Board may think best for the inter
est of the company, after Ieserving sufficient
e:TI Us % g.e<t She wants and business operations
thereof!
?KasRNg DIRECTORS.
Ch:i. .he fG.: Monday OF January. 1879, ana unit!
:he: successors are elected abd qualified, the tol.
lowing named Stockholders shall constitute the
M at IT, ue ca BeTh R Ra
Gaze, II. Fee. 3. Dabat p Cestac, NJ. LaRnes J.
Soluble, j. Bernichon. P. Lozes. Subscription books
to the capital stock of the company shall be
opened 10y them at such times and places as they
may indicate. -
ARTICLE XIV.
AMENDMENTS OF CHARTER.
This act of incorporation may be altered medi-
fled OF amended, Or its capital stock, at general
meeting of the stockholders, to be convened for
that purpose, after thirty days notice published
in two daily pepers of New Orleans, and at such
me citing convened as aforesaid this charter may
be revoked and tie company dissolved by vote
OF three fourths of the stockholders.
ARTICLE XIV.
DISSOLUTION AND LIQUlDATpN.
st the pra:iou of this charter, whether by limit.
alton or by VOTE as set forth in the next preceding
article, the affairs of the company shall be wound
up and lquiGated by three commissioners to be
appointed by the Board of Directors. One Of said
may be director, and the others
shall be stockholders and not directors. The
and interests of the parties respectively to
this act, and to the original subscription, are as
follows:
Shares. Shares.
j. Berhin. ......... 200 J. Bernichon ......,. 20
p. Cestac ........... $50 \. Mahes. IL
B. Dabat. POO j. DubaTry ........... 20
A. Duchiron 100 =. LacaZe ........... 10
NJ. Lannes. ......... 90 =. L0zes. 20
H. TheZe.. ........... 40 j. Soluble ............ 20
L. Duclos. ............ 40 And others.
Done and passed at New Orleans, aforesaid the
day month ard wear first above writer, in the
presence of Dominique Dumestre and Louis Barthet,
maze nj nc ri pn