New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-09-11
CORPORATIONS.


QUARTER. .o............e..o...CH CHARTER
OMITTED STATES OF AMERICAe
STATE OF LOUISIANA
GaTB OF REV ORLEANS, PARISH OF ORLEANS.
Be 10 known that on this thirtieth day of August
dred and seventy three. before me- Charles Milton
Emerson, notary public, duly co nmissioned an,
sworn, in and for this city and the parish of Or
leans, therein residing and in the presence of the
witnesses hereinafter named and undersigned per
and Undersigned who declared that in compliance
with and by virtue of act of the Legislature of
this state relative to the organization Of corpora
purposes, they hereby form themselves into a Ger.
poIate body eunder the rules, provisions and stipu
lations embraced in the following articles to wit:
ARTICLE l.
NAMK, TITLE poMICILE.
The name of this corporation shall be the NEW
ORLEANS BUTCHERS EIDE AND TALLOW COM.
PANY, and its domicile is established at New Or
leans, in the State OF louisiana
ARTICLEu.
oBJBCr 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 talOw, and the preparation of the same
for market. Citation and all legal process shall be
shs ea, upon Inc president or IN ms absence at
stationed there.
ARTICLE III.
CAPITAL STOCK AND SHARES
Yhe capital stock OF this company shall be one
hundred Thousand dollars. divided into four thou
sand shares of twenty-five dol ars each. OF the
amonnt OF SAID stock etenth shall be paid at the
time OF subscribing for the same and oneffth Of
the remainder shall be paid every thirty DAYS
theTeaiter. The company may go into operation
ana commence buslne ss as soon as one thousand
shares shall have been taken.
ARTICLE w
DIRECTORS KLECToNs ETC.
The aHairs and business of the COMPANY shall be
managed and conducted by. board of thirteen
directors. each of whom shall own at least ten
shares of stock. The directors shall be elected
for the term Of one wear at the annual meeting OF
the stockholders, which shall be held on the first
Monday % January of every year, and they shall
failure to elect directors the day aforesaid
shall not operate as dissolution of the company,
be notified and held thirty days thereafter unless
| the stockholders present a. the annual meeting
shall vote to adjourn to another day. At all meet
lngs Of stockholders every stakeholder shall be
entitled to vote on every share held by him up to
twenty shares but no one shall be entitled TO more
than twenty votes Votes may be othrown by
proxB, gut the SrOxy must be a stOckholdeSs
ARTICLE g.
GTECIAL MEETINGS.
Special meetings of stockholders shall be called
by the president on the written application of not
less than i've members, at such time as may be
specified, being not more than ten nor less than
three DAYS from the notices Notices of 81 meet
ings shall be by personal summons publication
in tive OF tho dolly newspapers Of this SitGe
ARTICLE We
OFFICKRs, ETCe
Che Directors shall elect one of their number as
president and another as vice president. They
shall also elect a secretary, who shall be book
keeper and treasurer. The president shall preside
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 boh
any member present NAV be chosen to preside.
filled by The Directors
CRITICIZE VIZ
0E&rISGs TEE BOA0rs eyS
eThe Board of Directors shall meet at least once
every week a She Office of the company and at an
hour fixed. fhey shall have power to appoint all
employees, and 10 remove them at pleasure, and fix
their salaries and wages
ARTICLE @IIa
TRANSFER STOCK AND LIABILITY.
transfer of stock must be made on the books of
Che company M person or by power of attorney,
but transfer shall be allowed if any payment ia
due the stock without the consent of the direc-
tors The ckhOders shall not be liable for debts
of the corporation beyond the unpaid balance due
their stock of their indie btedness for the
same No transfer whatever shall be made with
out the constot Of the directors.
ARTICLE TX
COVERS OF CoRPoRAsIoN.
This corporation shall have power and authority
to have and eIjOy succession by their corporate
name for the period of twenty five years; to cor
tract sue 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 to ordain and
establish such rules and bylaws may be neces-
sary and proper provided the same not repug.
nant to the constitution ana laws of this State or
of the United States or to the provisions of this
charter.
ARTICLE X.
ARREARS.
Should any stakeholder refuse err neglecS to pay
any installnent due on his stock within sixty DAYS
from notice that fleet the Directors shall have
power to sell said stock and credit the delinquent
with the net proceeds.
ARTICLE XG
@rCBss TO BOOKS. KTCa
The stockholders shall have access to the books
OF the company at all reasonable hours, and
Balance sheet shall be prepared for inspection
every three months.
ARTIC2R XI1o
OF DIVIDENDS.
Az osee end oS every commercial wear or oftener
if deemed advisable by the Board of Directors
such dividends of the net I0otits s~. he declared
and paid the Board may think bes Tor the inter
est OF the company after Ieserviug . sufficient
snrpilS 10 meet the wants and bus1s 70 OIesstiou
GAeTeUS
ARTICLE xIS
PRESENT DIKKCTono
TRtil the first Monday of January 1874; ard until
their successors are elected and qualified, the fol-
lowing named stockholders shall constitute the
first Board of DIectOra. viz: j. Derthin, A. Du-
chiron. A. Mailhes. l.. DuclGs, J. Dubarry, P. La
Gaze H. Feze, B. Dabat, P. Cestac NJ. LaEpes J.
Soluble, J. BernichOn p Lozes Subscription books
to the capital stock Of the company shall be
opened by them at such times and PLACES as they
may indicate.
article XIV.
AMENDMENTS OF CHARrE@.
ghis act of Incorporation may be altered me6i.
fed oAamended, or its capital stock, at general
meeting of the stockholders to be convened for
that purpose, after thirty days notice publiChed
in two daily pepers of New Orleans, and at such
meeting convened aforesaid, this CT after may
be revoked and the company dissolved by vote
of three fourths of the stockholders.
ARTICLE XIV.
DISSOLUTION AND LIQUIDATION
At the expiration fthis charter whether BY limit.