New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-08-17

ARTICLE VII.
Tyans.er.es Of stock rot fully paid sial. assume
ali indebtedness thereon and tie SAM snail nave
to u. accepted or approved By the Board OF Ii,
rectOrs. No transte. Ct less than exc :U. share
ARTICLE ~
Tn, company is to exist and confirm. 70; we
IA. tenn Cf twenty five yeaIs but may IL. lis
solved q t.a:y time before with the assent OF the
stockholders represented at a meeting sxpr' ssl v
called 30: that purpose. in which case majority
OF tne-t ..EGs OF the votes ulcstLs sla. Oe .ec.s-
sar..
Tn. company shat be ca;,sb.- u ;aw ~ hIv.
sell mo-tS gag. take. receive. hold ana il
ner acag. re real estate l. shall he, and hereby
authorized and empowered to make rules, bylav
and ordinances and to do and perform anv ind
everything needtIl for its government and sup
port rugnant 10 the constitution and laws OF
In. United state, AID OF the St..- vi Louisiana.
and 10 this act o. Incorporation
ARTICLE -.
TIN. CORPORATION shall have a seal with Lev.c.
upon thu same. representing bunch of sugar
canes. and having the Maine "t tie corporation Il.
ARTICLE III!
The SAID corporal on shall be capable - -. .,,:
be cited. 70 sue and DE sued. The president,
his absence the secretary OF the company, eAall be
til. proper person upon whom 70 serve citations OF
all other documents or wits III all sli;rs against
tn. company. All contracts ard instruments OF
writing approved by the Bos'd oi Directors shan
b.. signed by the preai. ent and coUltci,i.ileG Gy
t.. secretary q; the cOfnpatf.
ARTICLE XIII.
q. business 0: the COMPANY stls.! o. III .:la y"i
BY :. Board Ct Directors, consisting OF s'N"Et-tI
stockhotGers each of whom shall Own in his own
right twenty i've shares s; the capital stock Of this
association. Seven directors present 81 ans meet
ing shall constitute quorum, fully authorized 20
90 and perform all acts necessaT. to. cc:.LL"i!as
the bus Ma. o! the ColnpanN.
ARTICLE XIV.
Til. officers o! III. corporation ..-a-. b. g Pres.
dent a Secretary. and such othtr assistants ~
clerk. as the Board OF Directors may appoint. The
President shall preside az each meeting % the
Boar, OF Directors and il his absence, by sickness
or otherwise the Board of -ect0rs shall appoint
+ President pro -empore. The President and Sec
ae rary shall pei form all the duties apDe-taL!n: 70
their respective offices.
ARTICLE W.
The Board Of Directors shall be elected by ballot.
except the first year, on the first Monday OF No
vember ii each year, by the stockholders, voting
in person or by proxy, al the office OF the pany
in New Orleans; OF which election the Board OF
Directors shall give at least fifteen days notice in
two newspapers published in New Orleans. TIE
board shall appoint three of the stockholders in
spectors to preside at such elections and to make
the proper returns of the counting of the ballots.
If any OF the appointed inspectors decline fail
such vacancies as may occur. The Board of Di
rectors thus elected shall take their seats the
third Monday of the month of their election and
shall hold the same one year therefrOm, until
others are qualified to act in their stead. The first
annual election of the Board of Directors of this
com pany shall take place on the first Monday Of
November. 1874 and those then elected ehal take