New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-01-16
CORPORATIONS,

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ton Of the books Of thu company. IN whatever con
cerns the interests Of the Oh Of which thew
the r p esentatives. In each and every caee pre-
sented by them. the general board vii d eide, and
their decision will he final
ARTICLE XIV.
Dates of Onicers. f
PRESIDENT.
The president shall preside at an meetings o,
this assoc ist ion and shah be a member aid chair
ma Of Il he Board Of Directors and = n~mSer o,
committed appointed At any meeting Of the stock
holders or directors.
for money that may b. drawn in the course Of
busines 49, All deeds and contr cts binding THE
corporat ton shall be signed by the president. who
shai, be the officer whom ali citations shal b.
served, and shall p rforn such other duriea az sp
pertain 10 his office. and not 0therw iss provided
for by this charter
Woe PRMrDKEI.
The vice presidest shall perform m the duties
and exercise all the f1uc- ions of the president II
the absence Of he latter upon nis death. resig
nation or other inability t" ACT.
sEcRErAKY.
The St cretary shall b. IN. custodian Of the REQ
Ords OF this corporation, Of the Board Of Directors
and shall keep true and full minutes OF all their
proceedings. He shall, in c,njunction with the
president, sign all orders for nOnsv that may be
drawn in The cOnrse OF business. He shall conduct
all the correspondence of the corporation aid
tssue all Offices thereof. whether directed 10
Stockholders or any other persons or corpora,
tons.
rRKAsuRHR.
The treasurer shall receive the funds Of the cor
poratiOn a. disbuis the same und"r INSTRUCTIONS
from the Board of hir ctsrs, and by their 0ele-
gated authority taking the necessary receipts and
vouchers therefor. He shall d. p0sit such funds i'll
any Chartered bank or my otiser place Of safety
that may be designated BY the board. He shall b.
subject TO such additional SAT- guards the
board may proper to impose. He shall keep al
the accounts OF the corp ration and he shall. as
often is required by tn, board, report the 8uan
cial aAd monetary condition of the corpoI alton
ArToREEY.
The attorney shall be the legal adviser Of the
board and prosecute and defend all suits to which
the corporation may Do party.
SURVEYOR
The surveyor shall, under directions Of the ,res.-
dent, MAXI all niece ssary surveys and estimates
charts thst may be require Cd III the interest If The
corporation. He shall do and perform all other
acts under the Presidents Instruction. that ap-
ARTICLE XIV.
Prohibition.
No director or officer of the association viii be
permitted to purchase or otherwise acquire prop
from said association during their term Of office.
ARTICLK XVI
Addition, Change, Dissolution.
The stockholders the poration at general
meeting to be CONVEX ed tor the purpose afte' thirty
days notice III one or more newspapers published
In the city of New Orle,uis, may make any modih
cation addit ion change In the act Of inCOrpOra-
ton or NAV even dissolve the same, with the as
sent OF three fDurtn9 OF me 6ED represent at
such meeting, and any and all suoh notifications.
additions chang or dissolution shall re recorded
~ required by law; provided that nothing herein
contained shall be ia confiict with the provision Of
ARTICLE XVII
Annual Statement, Reserve Funds. Divi-
des,ds.
The Board Of Directors shall furnish, and cause
to be published i'll one or more OF the newspapers
of the city of New Orleahs, annu Il statements of
the affairs Of the company, sworn to and sub
scrbed by the president and secretary.
From the net profits a-oruing to the company
there shall be deducted yearly per cent. TO be
carried the reserve fund, and of the remainder
one shall be retained for and approprla ed to
the general uses of the COMPANY, aud 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 n Or
dered above, the affairs Of he corporation shall
BIZ lqudated. lie debts pal i the balance divi-
ded among tn. stockholders pro rata the sums
severally pad, und' tho charge and superintend-
enc. of thr-e co missioner who shall be stock
holders, appointed by the Board Of Directors for
tina purpose.
offer. on The day. mOnto. aud year fret above
written. in the presence OF Messrs. Gustave L.
tiardeur. Jr, and Ambroise 9. Lattice competent
witn- residing in his city, who have signed
with the said sppearers and me, notary, after due
reafit9, of The whole.
Originally signoG:
A. GERARD.
x. DRB:YS.
J. TUikS
p. C REGARD
D L. KERNt-H.
A. TIER iRDU,
CHARLES Ma THAN,
W. b. SCHMIDT.
J. LAE0LES.
A. G. LAPTcF.
Il. LKGAEpkuR, JR., Witnesses.
A Plot, JR., Notary Public.
I, the undersigned, deputy recorder of mort
cages In and TO the parish of ORLEANS, do hereby
certify that the above and fore going charter of the
LabOring Honest cad aud CO., p. rative Associa tion
OF Louisiana" has been duly recorded iu my Office
according to law, in book Nc lla, folios 2s7. 2s8.
$50 and 800
New Orleans, December 2, 1873
c. DARCANrBL, Deputy Recorder.
true copy:
del0 A. PIrOT, JR., Notary Public