The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-06-03
Charter.
STATE OF LOUISIANA.
PARISH OF ORLEANS.


STATE OF LOUISIANA.
PARISH OF ORLEANS. N
CITY OF NEw ORLEANS. Z
DE IT KNOWN THAT ON THIS DAY.
ID the Sth Of the month Of May in the wear Of ONE :
Lord one thousand eight hundred aud sevdnty-four,
and of the Independence of the United Statas az
america the nfrety-eighth b fore me. Wliam JoseuA
Castell Notary Public in and for the parish Of
leans. State of Louisiana. duly commissioned ana
matter named and undersigned. personally md
} appeared the parties whose names are subscrihaA
hereto who declared thas svsing themselves Of th0
provisions the laws of the state of Lousisns rsl
tive to the organization of raons for wOrks q
PUBIC improvements and other purposes in s.i6
State, they rave covenantef aud agreed, and do by
these presents covenant and ssree. and mind them
selves those whom they represent. to form thsns
serves into aud con sttute corporation for the OBJ
Jects and purposes and under stipu Ati0us and
conditions following, to wit
/ ARTICLE FIRST.
AMERICAN METALLIC BARREL COMPANY and -
domice the city of New Orleans, State OF Louisaua
ARTICLE SECOND,
The objects and purposes of this Organization SO
of metallic barrels, half barrels, kegs and o&her M
vessels, and their contents. in any part the Unn
States under and by virtue of certain Letters Rhsnt
granted to James Bard by the United States ,kant
Office, and also OF selling and conveying any rtRsn
ana privileges a-quired by sad Letters Patent.
ARTICLE THIRD.
|
HUNDRED THOUSAND DOLLARS, divided intcA
Three Thousand shares of One Hundred Dollars each
One thousand five hundred shares Of said stock asA
hereby set aside a. the property Of James Bard and
his assignees and the shall constitute the price
and of the sale to this tbs
said James l. Bard aud his assignees of their right
and title in and to Letters Patent numbered l2279
dated the sixteenth day of January, one thousan<3
eight hundred aud seventy two and Letters PaAnt>
numbered ISL $50, datet the eighth dry Aprit.
thousand eight hundred and seventy three both OF
| which aid patents granted to the ssid James
Bard by the United States Patent Office for improve
ments IN construction of metallic casks and bsrraa.
Said thousand We hundred shares to be known a.
full paid stock. and shall not be liable any contrihu
tiOns easements.
One thousand shares by previous arrangement wit,s
the parties, shall be known and considered a. pre-,
ed stock. and ia subscribed for taken by tho
following persons herein stated viz
b. M. Pond, t2oO) two hundred shares; r. B. Post.
2OOl two hundred shares; John l. Adams. (2OO) two.
hundred shares; Daniel Edwards. 2Oo) two hundred
sh ares; A. J. Gomila, (2OO) two hundred shares.
Tue remaining five hundred shares shall be held -
the property OF the corporation and may be disposed
of in such amer and upon such - the Board
of Directors may determine
ARTICLE FOURTH.
The officers of this corporation shall be . Presdeut
Vice President. Secretary and Treasurer and such
clerks and employees the Board OF Directors may
appoint
The Offices Of Secretary and Treasurer may be nllsd
by one and the same person The President II ths
person hereby designated. uron whom legal process
shall be served his absence, citation shall be
served upon the Secretary.
ARTICLE FIFTH.
The business of this company shall be managed by
Board of Directors consisting OF Ave stockholders.
each OF whom must own in his individual name. or
that Of the commercial Arm of which he 10 men,
ber at least shares Of the capital stock Of
this corporation.
Three directors present at meeting shall consa-
tute quorum" for the transaction OF ordinary
business OF the company
ARTICLE SIXTH.
On the first Monday in December, 1875. and annu-
ally thereafter the date, election shall be
Leid for directors Of the company at their ONCE by
q of fha CAat Al
meeting shall elect N.tice Of such meeting shall b.
given by advertisement inserted tor thirty days in
two newspapers 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 fail 70 serve thu
President shall appoint others their place
The Board of Directors thus elected shall take their
election and shall Office for the full term
of one aud until their duly elect
ed and qualified.
ARTICLE SEVENTH.
The following named persons shall constitute thu
first board OF Directors, viz
b. NJ POND,
r. b. POST,
JOHN l. ADAMS,
DANIEL EDWARDS,
A. j. GOMILA.
And they shall hold their seats until their success
elected and qualified, provided for in SEC.
ton article sixth.
They shall their first meeting elect ono Of their
number President and his term OF office shall ex-
pre with that of the first Board OF Directors.
ARTICLE EIGHTH
Books the registry transfer of tho shares OF
the capital tOck OF the company shall be opened. and
kept subject to the restrictions of the bylaws.
All transfers of stock shall be made the books Of
the company aud said books may be closed often
the directors may deem it, but not for than tan
consecutive days at one time
ARTICLE NINTH.
Said corporation shall have power and authority to
have and to enjoy succession in its corporate
the period OF twenty years to contract, and b.
sued, in its corporate name; to make and . cOrpo-
rate SEAL the device of which shall be- the design ola
barrn a nv m knOka With The nj
this city and OF this company encrcling it," hold
receive and convey. under its corporate nsm.. prop
such managers, directors and officers interests
may require and to make and establish by-lawa
for the proper management OF its affairs may BE-
necessary.
1t shall be lawful FIR the stockholders Of this cor.
poraton repres nting 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 mOdincar
or to dissolve sail corporation Any such mo iAca-
tons, additions changes or dissoluti0ns shall be 70.
recorded as required by law.
ARTICLE ELEVENTH.
The liquidation of the affairs of the company shan
be made by three commissioners appointed by the
stockholders ep esentipg three Of the capital
STOCK at general meeting convened for that purpose
after thirty days notice. published in two newspepera
of tAs city.
Said liquidators shall be solvent persons not in
to the corporation and residents of this CITY,
Their term office shall be assigned AL, uecessary
powers shall be conferred upon them their compen-
sation fixed aud the period " liquidation determined
in such manner and un such regulators a. the
in general meeting convened. shall de-
termne.
ARTICLE TWELFTH.
The fiscal year of this corporation shall end on thu
thirty first day Of December in each and every year
the date OF After the close OF thu
fiscal year ana a. soon a. practicable. the books OF
ment of its affairs published in two newspapers OF
this city as often as the Board OF Directors may deem