New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-06-08


\ same shall be such as tie Board vi Directors may
hereafter designate.
tary of the corporation. is hereby designated aa
the proper Office, whom cits:!oEs aud d! other
| legal process may Ge served.
| ARTICLE H.
| ! TIE Object and purposee Of the ecrpcfasion
! are declared to be .he following 70 VIII TO make
I a fertilizer and otherwise utilize .he blood. CUTS,
! manure, residue, etc.. OF she crescent ety 1--we
Stock Landing, and Slaughterh"sse Company. in
certain contract and agre. men: made ami entered
! into between the said Slaugh:erhouse Company
az. Sn % sns e ee tws ay
July 1879, and to that END, for and Ia consldera'
ton Of three hundred and fifty shares Of the eapi'
! him. the said John Dolhonde. in full ownership to
buy frcm him all the rights. title and interest
! which he has OF may have and 10 the aforesaid
! contract and agreement, made and entered into
between the said Slaughter House Company and
him. the said John DOihonde, as per the aoIeclted
act Of the twelfth day OF July 1879 before the un-
dersigned notary and also ali the rights title and
! interest which he has or may have IN AID 10 the
| name and style Of Blood Fertilzing Works of New
Orleans and the franchises the reof the machinery,
apparatus. buildings. good Will. and al! appuyte'
D"Aee' '-'' ARTICLE III.
l. The capital stock Of this corporation is hereby
fixed 8, venty.ive thousand dollars divided into
lars each 70 be paid for at the time and in the
! manner provided tor in paragraph one OF article
fourth.
.. Transfers Of stock shall! be made on the books
Of the corporation at it's office in this city only. but
not while any Indebtedness to this corporation
exists the part Of the holder and no certihcate
of stock shall pe issued anti. the same is paid in
full.
T. The subscribers 20 the said corporation shall
nav sash iIto the hands Of the President upon its
ORGANIZATION for business, twenty-five per cent Of
each and every share Of stock sabscr bed by them.
and she seventy five per cent remaining shal pc
cent each which shah be made payable at such
times may be determined by the Board of u
rectoS provided no cal. sha! exceed one nsta li
notice published in two Of the papers OF this city.
2. In ease Of uon-payment or refusal to pay any
nstalimeit as provided above. in paragraph one
o: ,his article, and without further putting in de.
:aUt, tho stock VI the party negectlnS or refusing
! 10 pay. and all benefit appe.tanlne TO the same,
shall he forfeited to the SAID corporation Never.
fhei.ss, tho Board Of Directors may extend, aid
they hereby authorized TO extend. the term of
should they deem it proper or expedient, or to re.
NIT she forfeiture on payment Of the 'astal!Ment
dae.
l. On .he thftieth day of June, Of the year 1874,
and Of each and every wear thereafter the Presl.
dent shall cause 20 he made statement OF the
affairs OF the corporation, chewing the receipts
and disbursements made and the true situation OF
the corporation, ANA on tho day above liked the
may accrue Of the net profits of the corporation,
and III ard determine The time and manner in
which ssia aiSiaenS shSi! be pslA ~ SAe stock
boldeIs.
ARTICLE VI.
I. Al the powers Of the corporation shall be e1'
ercised by Board Of DirectOrs to consist OF ak
Stockholders, four o. whom shall form . quorum
for the transaction 9! ali the business OF the cor
g. The fret election Of the Directors Of the COZ.
poration shall be held on The second Monday Of
december, 1873 and thereafter the said day, in
each and every wear an election for Directors shall
be held. at such place in the city Of New orleans
election the President shall cause at least fifteen
| days previous notice TO Se given in tive OF the
newspapers of this city.
| the stockholders OF the corporation commission,
ers and tive tsllers, to conduct snperntsnd and
ers OF tsess decline " fail 70 attend sls Presi.
| dent may appoint others to I'LL such vacancies.
! Z. Each and every erOckholdsr shal be entitled
at said election. Gather IN person or nv proxy. to
! one vote Oh each and every share of the capital
stock which he, she or they may respectively hold
but not to vote on any stock to him, her or thSm
! transferred within thirty days previous to said
! election.
sall be consider red elected and the Board of Drec
tors thus elected ehali take their seats on the
ond Mono ay in January following. and shal! serve
Coz she term of one year until their successors
! are duly elected and have qualified.
! 6. In the event of NO election taking place or
| the day aforesaid the President shall cause an
! after. and give notice Of The same by advertise
ment in two Of the newspapers of this city.
4 =. NO person eAll Ue capable OF being a DlrecS0Y
! Of SAID corporation who does not. at the time o.
| his election and during his continuance N office
hod in his name. or in that of the commercial dru
OF the capital stock OF the said corporation.
ARTICLE VII.
/ The Board OF Directors shall annually, at thei
/, first meeting, elect one of their own members al
President, v no shall hold his office for the term o
one year or until his successor is elected. The
Board of Directors shall also appoint all the Othe
officers aid clerks of the corporation, and shall
I fix the compensation OF the President and of al
! the officers and clerks employed by said sorpo
! ration.
the Board Of Directors, and at the meeting OF tn
ste ckholders of the corporation, and shall conduc
the b.ins of the said corporation generally. un
| de1 the supervision Of the Board of Directors.
| 3. Books of subscription to the capital stock o
the said corporation shall be kept open by tn
Board Of Directors unit! the whole capital stock
No stakeholder SHALL in any event. be mad
liable for the losses of the corporation in any large
sum than the amount of his, her or their subscril
ton to the capital stock, and his, her or their II
! debtedLess to the corporation.
s. In the absence OF the President the Board Q
Directors shall appoint Of their members to &C
in his place. "They shall have power to adopt sue
| bylaws they may Geem necessary and COZ
| venieDt for the government and regulation OF IN
! corporation, AID I'LL any vacancies when may "
! eur il their number, and generally TO d" and pc
form all other acts, matters ard things not herei
| specially provided fox, eonformsbly TO Jaw, Nhic
! shall CT may be necessary fof carrying lGto ~
effect the object and purposes OF this corporation
| .. The funds of the corporation &c be investe
! according TO II resolutions .! the Goaf0 OF u
| gectoIs not otherwise.
ARTICLE VIII.
!. Tn. following named persons shall eons'itu
the first Board Of Directors of this corporation
| wit: Charles Cav aroc, Charles de Ruyter, I. T.
marie, Daniel Cobb, John DolhOnds. l. h. hun
they shall hold their Office until their successors
I elected and have qualified; they are hereby
| vested with all the rights and pOwers thereun
/. ! belonging with full power and authority TO max
execute and sign all act or acts that SHAH o. m'
be necessary 70 effect the transfer 10 the coipoi
| ton 6y John Dolhonde Of ali the rights, nue. a.
! interest which he has may have 10 ana 70 =
|! | contract and agreement made and entered ~
| between him ard the Crescent CITY Live $40
: | landing and Slauf htevhOuse Company, ae per .
afore reeited act Of the twelfth day o. JUlJs 10
. | befO.e the undersigned notary.
!. ARTICLEiX.
1 l. A. The expiration Of this charter OF sooner:
h hereinabove provided tor, the ilquldaiioh o.
e affairs this corporation shall be maze y ",
G commissions rs. to be appointed by the BOAR, 81.
e | Directors. Their term OF office ara eompeAs".,
t. | if any, as well the period Of liquda'eps ~
e | be 6xed by the said Board OF DiReetoiS
, ARTICLE K.
l. This act 81 Incorporation can % lmprosSe gu,
Pc | tered amended and modified Dy voto a. az
10 fourths of the capital stock fepresonM% to- Il
r. general meeting Of the stockhoiaera csie~ I've
az thus done and passed as Nex Orleans, IN ny
Zee. the day, month and yea! nret aOox0 VIZ. VIII.
Z. she nroasn ce OF ATmARd t1bvS JJs 0oV NSAVSN