New Orleans Republican., 1873-08-24
rEq31Q4411Q43:s.

o~>-o-.-~ Observation-Disclosures.
their sssta NJ ths thisA Essdayaia tho ssss
= re 1irY AKf1Cl1 XVI siqz, Iiiv ros
Rseh shArs Of ssost shan entitls she stseklolder
owning the same to one vote. but no stockholaer
shan vote On mare than sae thousand sharss. No
cedine an election Of dizsctors shan entitls the
transferee to cast his vote at such election. i,
ARTICLE XVII -.-.....
Tie Board of Directors at their first meeting
after their election shall chooses one OF their num-
bsr for President Of this corporation, and said
election shall be by bao. aud by majority Of the
""'%' ''' ARTICLE XVIII ~" 20
Ary director about to absent himself for period
of six months may sppoint eupStitute In his
stead; provided sAid substitute shall have in his
capital stock Of the comvsny. and provided also.
said substtute be approved or elected BY the
Board of Direc tors for tbs time being f"
s.. -. ARTICLE XIX. 81
The Board of Directors shall appoint secretary
and such clerks or assistants as NAV be required,
and remove the same at pleasure s ana snai the the
amount OF security to be required OF any officer,
employee or agent Tho board may also delegate
such power in the transaction Of the ordinary
business OF the eompany to cO0nittees OF their
own body or to their GfdceHs or agents as they
may deem expedient. The board shau slso have
power to supply any vacancy that may occur
among their own number, by death, resignation.
want of requisite number or shares, insolvency,
bankruptcy or T suar sai sarss
the board
The Stockholders in no circumstance whatev vsr
shall be liable for any amount beyond that of their
subscription
Rooka for the registry and transfer of shares
of the capital stock OF the company shall be
open and Kept subject to the restrictions directed
bv the by. laws All tra1sfers of stock shall he
made on said books and signed by the shareholder
or his attorney in fact whch books the Board OF
Directors may close as of:a as cnnvsnlense or e1.
be determined by them -'tf .
ARTICLE XXI
Afai,ure to elect directors on the day named for
that purpose shall not Dissolve the assoc alton.
but the directors then Il once shall hold over
until their succeseOD Are elected and quail fed.
In case from anv cause a election shall not be
made on any day appOin'ed therefor. 1t shall be
the duty Of the vs 70 en
notice OF said election IN conformity WIZ srticie
ARTICLE xxIn .- fe.
Minutes of ell the proceedings Of the Beard Of
Directors shall be kept by the secretary and veri-
fed by the president and he PIE sdent and secre-
tary shall sign all notes drafts checks certificates
of stock contracts and all evidences Of uebt Of
this company. Anal.
fhis charter nav be modified or altered and the
capits stock may be ncnased with the consent of
three fourths Of the stock represented in general
meeting Of the stOckhOders. convened for that
purpose, after thirty days notice by publication in
any daily newspaper of the city of New Orleans.
a s' G-I ARTICLE XIV. -
| The liquidation Of tn affairs OF this company
| shall be ade by three commissioners appointed
By the stockholders at ameeing held for that pur'
pose after thirty days previous notice in two
newspaper. published il New Orleans . said !. hqui.
| associati,n. residents 0 New Orleans. Their
terms of office shall be assigned, ana all necessary
| powers shall be conferredupon them. The period
OF loudstion.slall be fxsd az well as their com
| peusatIon in such manner as the stockholders in
| general meeting con venG shall determine. 10
| ARTICLE XXv!. IS 9sr e.
| Books Of subscriptions H stocks sha be opened
at such times and places ss the Board OF Directors
| may deterp,iue and fix upon tA
! ARTICLE XXvlr. rr1
The names aud peeti'e interests OF the parties
~ <lN