New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-06-29
.HARTEk................. 'CHAhIhn'
STATE OF LOUISIANA.
PARISH OF ORLEANS, CIT, OF NEW ORLEANS.
QUARTER.

Pa II known that on this ventieth day Of May,
in the year of our Lord l8S, and OF the indelsn-
dence of the United States America the ninety
seventh, before me, Andrew Zero, Jr. notary pup
he in and for the parish Of sleans, State OF LOUIS
lana duly commissioned am qualified. and IN the
pre- sence of the witnesses hereinafter named and IN
dersigned personally came ad appeared the several
persons whose names hCetO subscribed, being
Stockholders Of THE vALLETE DRY DOCK COM
PANY a duly organized corporate body OF TINS
State, donciled in this city, created by an acI
passed before Edward G. GOtschalk, late notary
in this city. on the sixth day OF January, 1850;
which said appearers declaed that after due ana
legal notices and puollcati1s, general mee cn
vened and held at the O6ce OF the crescent
Mutual Insurance COmpanyin this city, 6elnS tne
place designated by the President OF sad valietto
bry Dock Company, for tie purpose OF making
certain notifications, additions, alterations anu
changes in and to the orginl act OF incorporation
of said vallette Dry Dock Company, as well as IN
the act amendatory thereo, passed before senln
Magner late notary in thi city, ON the twenty,
fourth day of July, 1863 ant that at SAID general
meeting stockholders of sad company, or their
duly authorized representatives.. representing M,
teen hundred and thirteen shares OF ihe captal
stock of said vallette Dry Dock Company being
more than three -fourths q the stockholders in
amount of stock unanimously assented and aSretd
that the following changes q amendments shoaio
poratiOn ei SAID vallette DIV Dock Company AID
the aforesaid &C: amendatoF thereof. VIZ:
ARTICLlH.
substitution of the following so that II WI! mere
after read and De as follows
THE purposes for whichthe vailette Dry DOCK
Company is established. aid the nature OF the
bushes to be carried on by the same are here 10y
declared 10 be the purchase leasing and construct
ing letting and hiring OF IS own or other DOCKS
and the building and repairing OF vessels OF every
description, and for ouch timer purposes - arr
belOn gin. incidental to sch BUSINESS
ARTICLEnL
That aaid article be amended and changed BY
! the substitution of the following, 20 that 1t vii
| hereafter read and be as follows, VIZ
| "The capital of this cooperation snail pe INT
| sum of one hundred thOusad dollars, to be repre-
| sented by two thousand hares OF fifty doilarI
| each and to this END and plrpose each ana ever,
| certificate at present outstanding tor q snare o.
one hundred dollars OF stOdz IN the sara Sailette
| Dry Dock Company shall bedelivered up and can
| celed and the holder or owner thereoi shalI re
ceiye in lien thereof certificate tor . snare VI
| fifty dollars .,o,
| That .aid article be amelded and changed b,
| the substitution of the following, so that !! w.
| hereafter read and be as folbws, VIZ:
| IAN the corporate powers OF inns colpofa,loi
| shall be exercised by and vested IN board
! Directors consisting Of fe stockholders-one Q
| whom shall be elected President OF tins corpora
| tiou-to be chosen by ballot at an annual meeting
| of the stockholders on the bird Monday OF Map Q
| each and every year. Said Board OF directors shHi
| continue in office until Their successors shall nav
| been chosen shall elect or ;ppoint such oHcefs a
| the interests and convenince OF said compsn
NAV require, and fl x or determine o.! salarlesi an
shall make and establish well as alter or amen
| at pleasure such hy.laws,rues ana regulations
| for the purpose of managenen! ana TeSu,a.ion y
the affairs of said corporatDn as the ealu bo"S
| Directors nav deem necessary or proper. eal
Board of Directors at their lrst meeting shail eiec
| one OF two managers, as . the sad Doaro siia
seem meet which said malage' or lnahasers slla
| have charge of the docks ad wards, ana purChas
all maieTals for carving VI the business Vi II
| corporation: they shall hir. aii f"lemen necha't
| ;cs workmen and laborers employed sn tne Sai
| lock and
| workmen and laborers, as veil as discharge u ei
| at will; also collect all amounts due 10 tho cd
company, pay all thos' due by me sam.
keen an account in some chartered bank
| New Orleans approved by the Board OF bnec
| ors} III which all moneys eceivea ior accoul1
| the company, cspt it MAJ be small sums heede
| for daily business and draw such money cut
| such bank only on checks signed by one OF sa
managers and c0untersis.ed oy sne sefna'ai, w.,
be signed by the president and one OF thS nian
| gers and it shall require vote OF Jour -nltMs
said directors to lease said company s docks. 1he
shall be a monthly report FROM the managers
the beard Of directors of tle business OF sad col
pany. with balance sheet showing an 1ne l[aL
| actions of the company for the month past, "nl'
shall be subject 70 the supervision OF the dlrecto
and the future control of the board. me saia :.
port and balance sheet, With the acton OF I, |.
| board thereon. shall be copied INTO q poOK pl
pared for that purpose, AMI the same shaL .e
All time. subject TO the Inspection OF any stoc
! | holder. There shall be q secretary OF the compan
who shall also be its book keeper chosen annua
| by the aforesaid board OF directors ne shai. ks
| regular set of books, in which entries SNAIL
| made of all transactions Of the corporation.
shall slss be secretary Of the board OF elzecsors
Article VI
That said article shall be amended ana chAng
BY the substitution of the following, 50 tina. II
| hereafter read and be as fellows, viz:
Each of the subscribers hereto and every OIL
| person who shall become Q subscriber OF eto'
holder in accordance With this charter snAA pc
| titled to one vote, either in person OF oy pro
j. fey every share Of Stec1 bslS 81 ~. esss !"