New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-12-25
CORPORATIONS.
CNrTED STATES OF AMERICA.
CITY OF NEW ORLEANS.


STATE o, LOUISIANA rv
CITY OF NEW ORLEANS. ---
cember. in the year Of our Lord one thousand eight
hundred and seventy three and of the indie pen
dence OF the United States Of America the ninety
Gig nth before me, James Fahsy notary public in
and for the city of New Orleans. and the parish of
Orleans, in the State of Louisiana Aforesaid duly
commissioned and sworn, and in the presence Of
the Witnesses hereinafter named aud undersigned
personally came and appeared the several parties
whose names are herenntO subscribed who de.
clared that. availing themselves Of the statutes
of the State of Louisiana in such case made and
provided; relative to the organization of corpora
tons in this State, they have covenanted agreed
and stipulsted. and by these presents do covenant
agree and stipulate and bind themselves to estsb.
lish corporation for the objects apd and
under the stipulations. obligations and regulations
following, to wit:
The name and title of said corporation shall be
the DELACHAIsE BRICK COMPANY. and its DOM.
this State of Louisiana It shall exist for this De-
Rod OF twenty-five years from the date of the re-
cordlng OF this act in the mortgage office of this
city, aud for and during such time it sh ali have
ana ENJOY all powers and privileges belonging
in any wise ,talning to corporations aud pro-
vlded by law. The pre- sident, and in his absence
the treasurer of said corporation, shall be the
proper officer whom all citations, or other legal
process shall be served
ARTICLE II.
The objects and puIpo,es of said corporation.
and the nature of the business to be carried on by
ture and sale of bricks, tiles and building materi
ais of every kind and the purchase and sale of
fuel wood, coal, lumber, lime. sand. cement. and
all such other matters and thing. sh all apper.
tain or be in any wise incidental thereto.
ARTICLE III
The capital stock of said corporation shall bo
and is hereby fixed at the sum Of thirty Thousand
dollars divided into three hundred shares of one
hundred dollars each. Of which two hundred and
hftyfOur shares are full paid. and the remaining
forty shares shall be reserved by the corpora
ton and disposed Of by the Board of Directors
thereof, in such manner as they NAV deem mOst
advantageous to the interests of the Company
but not. however, for less than par value Tho
onpa sss Of said be to
thirds of the stOckhOlders in amount. in which
event the original stockholders shall have the
The said increase of stock shall be paid for in
United States currency in iDstallments of twenty.
and the balance to be paid in such sums and n
such periods the Board of Directors shall deem
proper, provided that no call shall be made any
one tme.for more than twenty five per cent of the
amount thereof =.
ARTICLE Nv.
All the corporate powers Of the corporation shall
he vested in and exercised by Board of Direc-
tors and such officers and employees as they may
appoint. The Board of Directors shall consist or
five members of this company. three of whom
shall constitute quorum, who, after the expna-
hereinafter named shall be elected by ballot on the
second Monday in January of each year at the>
office Of II, ssa torp0rsiSn Of which election the
notice in one of the newspapers published in the
city of New Orleans. And the Board Of Directors
shall appoint three stockholders 10 preside at such
elections, and in the event of their failure to at
tend the president shall appoint other persons to
fill the vacancies. And any failure from any Gauss
whatever to elect directors on the dav named for
that purpose shall not dissolve this corporation
but the directors then in office, well as the presi
tbar ola al.
over until their successors elected and Quail.
fled. Each and every director shall DO required to
during his term of office, at least ten shares of the
capital stock of the said company. In the event
Ct no election taking s place on the date herein be-
election to be held within thirty days thereafter
and give notice thereof a. herein before provided
for.
The Board Of Directors thus elected shall assume
their duties on the day following their election
and shall hold their Offices until their successors
are duly elected. Those stockholders receiving
ton shall be considered and declared duly elected
The B. ard of Directors shall elect from among
themselves n "a president and treasurer. The
to till vacancies i'll their number from among
the stockholders of the company. And the
said board is hereby invested with full power
to frame and adopt such bylaws, rules and
regulations the affairs and business of the cor.
pofation may REQUIRE and as they may deem
Line transaction OF its business; provided the same
do not conflict with this act of incorporation or
power, and are hereby authorized to buy such real
estate as there may be required for the uses and
purposes OF this company. and to sell the same to
make contracts, leases, mortgages, compromises
and to borrow money and to do all and singular
such acts as may be necessary to carry on the
business, and furth0 the objects Of this company
ARTICLE VI
In all elections the vote shall be by ballot. and
I, 4
vote, either in person or by proxy. for each and
every share of STOCK he. she or they respectively
may hold, and no person or persons shall be en-
titled 10 vote on any share shares transferred
to him or them within thirty days prior to such
election.
ARTICLE VII.
No stockholder shall be held liable or responsible
to whOmsOever 1t may concern for the contracts,
acts faults, debts or obligations OF the said com
pany beyond the amount of their unpaid capital
stock and no mere infOrmality in organizing shall
have the effect of rendering this charter null or
of exposing the stock holders to any liability be-
yOnd the extent OF their stock. -
ARTICLE vITI
The following named persons to wit: Lohis
Schneider, Theodore Lilienthal, John August Blaf
fer, william Weidner and James Garland Avery,
shall be, and they hereby constituted the first
Board OF Directors, and shall hold their office until
the Il hrst election under this charter-the second
Monday OF January, l875or until their succe ssors
are duly elected, and shall have qualified aud
taken their seate.
This act of Incorporation may be modified altered
or amended, and additions made thereto, or the
said company dissolved, at a general meeting Of
the stockholders, to be specially convened for that
purpose after thirty days notice in one of the
newspapers published in the city of New Orleans
it'll the assent of three fourths OF the stock rem
resented at such meeting.
ARTICLEx
At the expiration of this charter or the JissoIu-
ton OF this company prior thereto the liquidation
Of he affairs OF the company shall be conducted
by three hquidators, to be appointed by the Board
of Directors, and who, Immediately after their ap-
pOintment, shall proceed to wind UP the affairs OF
the company by selling off the assets privileges
and property OF the company, collecting all
amounts due the same, paying all just debts and
distributing the balance pro rata among the stock
holders The said liquidators shall be s.ockhold-
ers and shall possess the qualifications re-
1uired for directors, and their com pen satron if
any, shall be fixed by the Board of Directors at the
time OF their appointment.
Thus done and passed at my Office at the CITY
Of New Orleans, aforesaid, in the pre- sencs Of
Messrs. Theophus ~ II de and BENJAMIN Ory
Witnesses OF lawful age, residing in this city, who
have hereupto signed Their names together with
the said appearers and notary on the day
month and year first above written and after the
reading thereof
Original signed:
LOUIS SCHNEIDER.
THEODORE LILIENTHAL,
j. A. BLAFFER,
WILLIAM WBIDNER
J. G. AVERY,
GEORGE SCHAFFER
OH n