New Orleans Republican., 1873-07-18
CORPORATIONS.
ERiSGlER SUGAR EXTRACTING COMPANY.

| STATE OF LOUISiANA-C.TY OF NE" ORLEANS.
Before me Adophe Mazureac notary public in
aud for the parish of Orleans and city Of New Or.
leans. state of Louisiana, duly commissioned and
qualified and in the presence of witnesses herein.
after named aud undersigned, personally came and
appeared the parties whose names are hereunto
Subscribed, acting toc themselves as corpOrators,
and 10, such other persons as may become assO-
ciated with them by subscription, purchase, trans
.e' or succession, who declared taat. awaiting
Themselves OF the general law OF the State OF Lo'l'
is!iua DioVldlng for .he organ za.:or O. corpora
tlons. tney have covenanted and agreed and 90 oy
these presents covenant and agree 10 form them
poses aad Iuder :he stpciations Agreements con-
dt:0ns and regulations hereinafter fly set forth
ss the clarteS by which sad ccr.'oIat.oa sha.. 0e
governed.
The corporate name of this association shall. BE
;lle '6r.nser Sugar Extracting Company
ARTICLE II.
The pan ofbusiress and the the .esa, Io'ciie of
tn.s i1.iou sa.. se the city OF New Orleans
ARTICLE III.
The ch.c. Of this company shat. >. - construct
and Sc. TO the s:Sa: Planters IL ne tinted States
:lle apparatus .or eXtcactin. the i-ce from the
sugar cane known as tae Bring ar Apparatus, the
patents for wEtcl Nj. ". :. Br:ag:er does hereby
sci. and has already sold by act passed in this
office o. even date herewith 20 this company. for
the consideration mentioned II artc.e four.
ARTICLE ".
The capital stock Of th:s comp panv is Hereby
fixed one m lion OF dollars represented by ten
Thousand shares Of one hundred dollars each.
J.. Three thousand :hree hundred and thirty.
three slares OF sad stock the property of Mr..
II. s. Bt!Ase: ami form tn. price and considera-
ton tor which he has agreed TO sell. and has ac
interests, patents etc. for the United States in
the APPARATUS invented by him for extracting the
I.ice from the sugar This stock shall be
si,!ered as full paid stock, and no. Liable to any
contributors OF assessments.
2. Three thousand shares are considered as paid
o to the amount and extent of ninety-tive dollars
pc: share the remaining five do ars 70 be paid one
baf cash and the balance no. iates than the first
ofOc:obe- NIB 0ut of these three thousand shares
SIX hundred tie property il equal portions, of
| the thirty persons who advanced three thousand
dollars tor the first experiments with the appara
:t,S under the name ct the BrIEgeS Association
| and whose names appear i'll the act under private
signature under which the BrnSier Association
the t.ansfe. .nale by Nj Bringi-r 70 the present
association, of even date here with, thus leaving
baialc. oftwentv-four hundred shares which have
been subscribed tor Wy the parties hereinafter
named
3. Un the remaining: three Thousand six hundred
and sixtv-s.ven shares of the ordinary stock for
eve, the Board OF Directors shall determine. TWEEN
ty-nve per cent snail bs payable at the time OF sub
board shall decide, but NOT mora than twenty-five
per cent at any ca...
No full .aid or prepaid stock shall be Issued until
the whole OF the ordinary stock sha.. have been
sIbsc.tbe.. for.
This CON oany shall go into efec: as soon as the
cash paG ne.s .. the prepaid stock sAA. lave been
made.
Shout an- Subscribe, or stochho,ce- fai; or ne
ylect, refuse - pay pgnctualy his nstallments
called for by the Board of Directors eight per cent
per annun interest shall be added to the Install
ments or percentage called for. until fir al pay
meu'. a,d II pa7 meat be not made within thirty
days after the spec fled time for making the same
the Board of Directors shall have the right Of
Jag aay shares or which ins,allments OF a per-
'->s II
otherwise after fifteen days advertisement in any
newspaper published in the city OF New Orleans.
0: 0; recovering by sui; at law the amount due.
ARTICLE vi.
Hrca.p., signed bv the presiden. and secretary
shall be gwen 70 subscribers for ;ne amount paid
cash: sa! E.ee::'ts sinai. be surrendered &c the
company issuing certificates OF stock.
ARTICLE VII.
Transseree. % s:oek not fully paid s.a! assume
all Indebtedness theIeon and the same shall have
70 be accepted approved by the Beard of Di-
rectors. y. transte. OF less sAa. Ole tu.I share
vii. be perm ted.
ARTICLE ".
Tis .ompanv - .xi.. and eoat,ur. for the
T.. tenn o: twenty-five years. O-t may be dis
solved at any time b-ioe with the assent OF tine
Stockholders represented al meeting expressly
osl.sd for :!at purpose ia wi!:ci. majority
c: ."o-:....ts c: sle votes 1'e=en. s1. &c neces
Say.
TAts conpan- .ha.i We ospa6;. l., Jaw 70 buy.
sal! :nortsi.s- take receive nod and in anv man
ger acquire re.- estate. I. shall he, and is hereby
Authorized s.t empowered 10 max. rules, ylaws
aoa ordinances, and 10 do and perform any and
eve:"th.G. le-.,iu FOX its government and sup
,o,: no. r- uyau. TO the Constitution and laws of
the t.i!ser states and o; the State OF Louisiana,
and 70 .h. az: o: incorporation.
ARTICLE Y.
= 9 CORPORATION shall have q seal with device
! up,.. the Same representing buacL of sugar
Ca:eS, s1: having the AAIiAe OF tie corporation III
ARTICLE XII
II. SAID -fo,a: on shsl. De cars''e 90 cite and
BE c.:., aIid be SIZED. The president, in
lis a the secretary Of :.,a company. shall be
the pra:.r. person pon whom 20 serve citations
g. c.I =: docuHen.. or wri:s in al. suits against
w:it =. .r'-,"e.. by tie :rard Of Directors shall
i- s:..': - ne President and counsersi:ned b.!
| :-e ee.:et..T oi :ile company.
ARTICLE XIII.
| Tie business o. tie company sai: M managed
! by !. Eos.i o. directors, consisting o: seventeen
stocSl!n.e-. each OF whom shall "w in his own
ylc twenty i've shares o. the capital stock of this
a.s5cia: Dt Sen directors p."sen: at any meet
i:s $40. 'onst:s-:e quorum ...l.y authorized to
do a;ti perform! a. acts necessary Is. conducting
| t.. :.s Aces .: ti.- company.
| ARTICLE wv.
The Officers o' this corporation shall he fresi-
d.a:, Sec-etx:v, aC,l such ".her assistants OF
rl.s.ie!. >a-l preside AT each meeting OF the
Bc.:, .: D!..c.G:s and il. !is absence by sickness
o, OF e: the Board OF Directors shall appoint
| Pes Lent prs teInpore. The President and Sec.
re'sv s..a perform ali the duties ao1ertaiEins 10
| sleiy .e-,..:.re offices
| ARTICLE w.
Tie Eca-, c:0-,. tors sla, be cc.c!. w ballot
| cxC.1. III. h-as year. on the first Monday of No
Ven. I-: il each yea: by tie stockho der.. voting
il. person o: bv proxy, at the Office OF .le company
| il S-yI.!et-s: %. which election the Board O1
D.sot si.a. sye a. least fifteen dave notice in
| two ne"spap.:s p;.D.i..e,. ia New cIieans. The
board s.a a'.,;.; three OF -. stoek4olde's in
s,5c.J, +: i,T.-.., q, SuC!. elections AID 70 make
tie prep. retl.:n- .! II. Colt:E. OF the ballots
l: aLv o! the appointed inspectors decline or fai
20 attend the President may appoint others to i'll
! such vacancies as may Tho Board of Di
u. t:.s ..rt-,: ..;... tsle :l.-. seats the
:i.i:! Eo1ay III tie month o: their election, and
| s!la hold Ii. same one year therefrom. or unit
other, qualified 10 act i'll tAei. stead The first
! ANNA. ..ectOl. o. the iOa.t. o. Directors OF :!i;
, com .:av shsl' take pac. o.! IT,. first Monday o
! E.v-E,t: .2:: and hI.- tiIe:. e.sC.e. hail takt
tl.., >ea:, Q. tie third Mc:-iay Il. :..c sam'
| mont.
Fac. s.,:e 6: stock sha .:l:::'. u: stakeholder
o"..-:-- ti.e sane 20 one vote ,ut no stockhoIGc
sl.... "gte l.io:. than one Thousand shares y,
t...: o: SOC. made within the thirty DAYS pre-
cu.;n.: a. e.....o. ot directors shall eat.t!e til,
/ tIa.:: ."e - cas-: ". vote ~ Sl.C! e..c:.r:..
ARTICLE XVII.
| Tie ENa:l ~ Directors a: the: Er.: Meeiin.
ate. .eig .cct:0n .hA.! choose oi their
0e. s.. :'i.-i..i: OF this corporation. and salt
e:-c.i,:. ,. " c ba..o. Az. b. maj Ofi.: Ui th'
W.3e 1oAIG.
ARTiG..E Xvi.:
! ANY director about 20 absent himself for perio'
! o: s.. Hl.-.'.s Ana" appoint = substitute Il: B..
| s.r.'.; .~.t:-,. said s.Ds.it... shall awe III II:
.a?.a s-'c. .: 'le conpan-. a.: p.oTia'd also
! eat s-.oat:tJ,:t. be approved Ok elected ~ tA
LyA.,. =: E..e,.o:. :oI TIE the ',e..l.:.
ARTICLF: E.%.
T.ls Eoa.o: c: Directors 81. A.! a,p,: sec,etar,
| ana ..' c.eIka az sitant. "A, INA" be required