The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-05-13
Charter.
STATE OF LOUISIANA.
PARISH OF ORLEANS.

CII1 Cf NV ORiAkANS-.
DE TT KNOWN THAT ON THIS DAY..
- the 9th OF the month of May, in the year of our
Lord one thousand eight hundred aud aaty four
and OF re Independence OF the United States OF
America the ninety eighth b tore me, William Joseph
Castel Notary Public in AMI for the parish Of Or
leans State of Louisiana, duly commissioned and
qualified and in the presence the wtues sea here
matter named and signed personally came and
appeared the parties whose names are subscribed
hereto, who declared that avaing themselves OF INA
provisions OF the laws of the State Louisiana rea
tive to the organization of corp rations works Of
public improvements and other purposes in said
State. they rave covenanted AID agreed and do by
these presents covenant and agree. aud bind Them.
selves those whom they represent, to form them
selves intoaud constitute corporation for the OBJ
Jects and purposes and under tie stipu atioas and
conditions following, to wit:
ARTICLE FIRST.
The name and title of this corporation shall be thu
AMERICAN METALLIC BARREL co MPANY, and ita
domlcle the city OF New Orleans, State OF Louisiana
ARTICLE SECOND.
The objects and purposes of this organization are
hereby declared to be the manufacturing aud vending
of metallic BARRELS half barrels kegs and other ike
vessels, and their contents in any part of the United
States under and by virtue certain Letters Paenf
granted to James Bard. by the United States Fateut
Office, and also OF selling and conveying any righta
AM prvilegesa CURED by sa Letters Patent.
ARTICLE THIRD.
The capital stock of this corporation shall be THREE
| HUNDRED THOUSAND DOLLARS, divided into
Three Thousand shares Of One Hundred Dollars each.
One thousand five hundred shares of said stock are
hereby set aside the property James Bard and
his assgnees, and the shall constitute the price
aud consideration of the sale to this corporation the
sad James Bard and his assignees. of their right
and title i'll and to Letters Patent numbered I'D TOO,
dat d the sixteenth day of January. thousand
eight hundred and seventytwo, and Letters Patent,
numbered 1877 $780, dated the eighth day April, ono
thousand eight hundred and seventy three, both Of
which patents were granted to the said James I,
Bard by he United States Patent Office for improve
ments III construction of metallic casks and barrels.
Said one thousand We hundred shares be known a.
full paid stock aud shall not be liable any contrihu
tons or assessments.
One thousand shares by prev arrangement with
the parties, shall be known and considered pre-
ierled stock and is subscribed for taken by the
following persons as herein stated, viz
b. M. Pond t2oOi two hundred shares; R. b. Post,
(2OO) two hundred sh ares John l. Adams f2OOl two
hundred shares D mel Edwards, (2Oo) two hundred
| sh res; A. }. Gomila, (2OO) two hundred shares.
Tue remaining five hundred shares sn all be held
OF in such III amer and upon such terms as the Board
OF Directors may determine
ARTICLE FOURTH
The officers of this corporation shall be President
Vice President. Secretary Treas nrer and such
clerks ana employees as the Board OF Directors may
appoint.
The Offices of Secretary and Treasurer may be filed
by one and the same person. The President ia the
person hereby designated. uIon whom legal process
shall be served, or, III his absence, citation shall ba
served upon the Secretary
ARTICLE FIFTH
The business of this company shall be managed by
each OF whom must own in his individual name, or
i. that of the commercial firm of which he is a men,
Der, at least wentf shares Of the capital stock Of
this corporation
Three directors present at meeting shall consti-
tute quorum 7" for the transaction of ordinary
business OF the company.
ARTICLE SIXTH
On the first Monday in December, 1875. and annu>
ally thereafter on the date, election shall be
led for directors of the company at their ohce, by
the stockholders; majority votes cast at such
meeting shall elect. tIce OF meeting shall
given by advertsemt mt inserted for thirty days in
two published in the city of New Orleans
The Board of Directors shall appoint three stock
boders as inspectors, to preside at such election. II
any of the inspectors decline tail TO serve, tha
Presiden shall appoint others in their place
The Board OF Dire, tors thus elected shall take their
SEATS the third Monday of the month of their
election and shall remain in Office for the full term
of one ea and until their successors duly elect
ed and qualified.
ARTICLE SEVENTH.
Toe following named persons shall constitute tha,
first Eoard OF Directors,
b. NJ. POND,
Il. B. POST,
JOHN /. ADAMS,
DANIEL ED Wards.
A. J. GOMlLA.
And they shall hold Their until their success.
elected and qualified provided for in
ton or article sixth.
They shall at their first meeting elect one Of their
pre with that of the first Board OF Directors
ARTICLE EIGHTH
Books for the registry aud transfer of the shares OF
the capital took OF tile npany shall be opened and
kept subject to the restrictions of the bylaws.
All transfers OF stock shall be made the books Of
the company, and said books may be closed often
the directors deem fit, but not for than ten
consecutive days at one time.
ARTICLE NINTH.
Said corporation shall have power and authority to-
have and enjoy succession i'll corporate for
the period OF twenty years contract and ba
ued, in it's corporate name to make aud q corp0-
rate SEAL the device Of which shall be- the Or
HAIRS amen Ell ~ car lUok wit he If
this city and OF this company encircling it," to hold
receive and convey. under its corporate prop
erty, bot4 r. al aud rsona to name and appoint
such managers, directors and officers its nerests
may require, and to make and establish such bylaws
ior the proper management OF its affairs as may BE-
necessary.
1t shall be lawful for the s'ockho ders of this
Dorat repres ntng three-fourths Of the capital
stock held b, stockholders. at meeting convened for
that PURPOSE after thirty days notice, published in
two newspapers of this city, to make auy modifca-
tons, additions changes In the act of Incorporation,
or to dissolve said corporation. Any such mo ifca-
tions, additions changes dssolutions shall be
recorded as required by law.
ARTICLE ELEVENTH.
The liquidation of the affairs the company shall
be made b. three commissioners. appointed by tho
stockholders ep esentng three onrths of the capital
stock, at general eng conven Tor that purpose.
after thirty days notice published in two newspapers
of t.s city.
Said lquidators shall be solvent persons not in.
debted to the corporation and residents of this city
Their Term ami office shall be assigned. AL necessary
powers shall be conferred upon them, their compeu--
sation fixed and the period f liz ada lou determined
in such manner and un er such regulator as tina
i'll general meeting convened, shall de-
termne.
ARTICLE TWELFTH.
The fiscal year Of this corporation shall end on the
thirty -trst day of December and every year
after the date of ncop ration After the close the
fiscal year, and as soon lccable, the books Of
the company shall b balanced, and a gene al state
ment of its affairs published in two newspapers Of
htsr fy Iff gha Ino nf n
proper.
ARTICLE THIRTEENTH.
No s'ockholder in this corporation shall ever be
liable responsible r tn contracts faults of the
corporation, SHALL any nformality in organi-
cation have the effect Of rendering this null
o of exposing stakeholder to any liability beyond
the amount Of his stock.
This doue and passed In my offica, at New Orlaans
afOreaa1. the day month and Ed nhl VII