New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-12-25
CORPORATIONS.

issue all notices tbereof vhatba- a;-..t.a >,
tions "''oers or any other persons or corpora
r treasurer shall receive the funds Of the cor
Rlatl0n ard disbursa the same under instrnctions
gated am,t board Of Directsrs and by their dele
Soi Autnorty, taking the necessary receipts and
sOuchers therefor. He shall deposit such funds in
t ThS chartered bank any other place of safety
subject subject to such additional safeguards az the
~ may see proper to impose. He shall keep all
often as is rsa q, .s S% & and he shall
'ia' ana monetary condition of the corporation.
In, me attorney shall be the legal adviser of the
voard ana prosecute and defend all suits to which
ING corporation may be party.
SURVEYOR.
Inc surveyor shall, under directions of the presi-
u : make AL necessary surveys and estimates
give All lines and levels and prepare all maps and
cnarts .nat may be required in the interest of the
acts, under the presidents instructions that ap.
pertain to his Office.
ARTICLE XIV.
Prohibition.
NO nlrector or officer of the association will be
permitted to purchase or otherwise acquire prop
from said association during their term of office.
ARTICLE XVI
Addition, Change, Dissolution.
me stockholders OF the corporation, at a general
meeting to be convened tor the purpose after thirty
days notice In one more newspapers publishe
in the city of New Orleans, NAV make any modifi
catlon addition or change in the act of ncor pora-
tlon' or may even dissolve the same, with the as
sent or three fOurths of the stock represent. at
snch meeting, and any and all such notifications,
additions, changes or dissolution shall ne recorded
as required by law; provided that nothing herein
contained shall Be in conflict with the provision of
article VIII
ARTICLE XVII.
Annual Statement, Reserve Funds, Divi-
dends.
The Board Of Directors shall furnish and cause
TO be published in one or more of the newspapers
OF the city of New Orleans, annual statements of
the affairs of the company, sworn to and sub
scrbed by the president and secretary.
From the net profits accruing to the cOmpany
there shall be deducted yearly ten per cent to be
carried to the reserve fund, and of the remainder
one half shall be retained for and appropriated to
the general of the company and the other
half shall be divided among the stockholders pro
rata on the sums severally paid by them
ARTICLE XVIII
Liquidation.
At the expiration of the charter or sooner If Or
dered as above, the afairs OF the corporation shall
De !quidated, its debts paid a the balance divi-
severally paid, under the charge and superintend-
ence of three co commissioners, who shall be stock
holders, appointed by the Board of Directors for
that purpose.
Thus done and passed. at New Orleans, in nv
Office, on the day, month, and year first above
Gardeur Jr, and Ambrose g. LaPice competent
witnesses. residing in this city, who have signed
with the said appearers and me, notary after due
reading of the whole.
Originally sisne0:
A. GERARD,
4. DBBUYS
J. TUYES,
P. c. REGARD
D. L. KERNIoN.
A. TERTROU,
CHARLES NATHAN.
W. B. SCHMIDT
J. LANGLES.
a. G.. LAPICR,
6. LgGARDSUR, JR. Witnesses.
A. PILOT, JR., Notary Public.
l. the undersigned, deputy recorder of mort
cages in and for the parish of Orleans do hereby
certify that the above and foregoing charter of the
"LabOring Homestead aud cooperative Association
of Louisiana" has been duly recorded in my office
according to law in book Nc. ll3, folios 297 293,
299 and 800.
New Orleans, December 3 1873.
c. DARCANTEL, Deputy Recorder.
A true copy:
del0 A. PITOT JR Notary Public