New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-01-15
CORPORATIONS.
served, and shall perform such other duties as ap-
pertain to his office, and not otherwise provided
for by this charter


pertain to his office, and not otherwise provided
| for by this charter.
VICE PRECEDENT.
The vice president shall perform al the dptie
and exercise all the functions of the president il
the absence of the latter upon mis- death resig
nation or other inability to act.
SECRETARY.
The secretary shall be the custodian of the rec
ords Of this corporation of the Board of Directors
and shall keep true and full minutes of all thej,
proceedings. He shall. in conjunction with the
president, sign all orders for money that NAV be-
drawn In the of business. He shall cOnd uct
issue all Lotices thereof. whether directed to
stockholders or any other persons corpora
TONS
The treasurer shall receive the funds Of the cor
pOration aud disburs- the under instruct
from the Board OF nir.cters and by their dele
gated authority taking the necessary receipts and
vouchers therefor. He shall deposit such funds in
any chartered bank or any other place of safety
that may be designated by the board. He shall be
subject to such additional safe guards as the
board may see proper to impose. He shall keep all
the accounts Of the corp ration and he shall. as
often AS is required by the board report the nan-
clal az d monetary condition of the corporation.
ATTORNEY.
The attorney shall be the legal adviser Of the
board and pre- secute and defend ali suits to which
the corporation may be party.
SURVEYOR.
The surveyor shall under directions of the presi.
dent, make all necessary surveys and estimates,
give all lines and levels, and prepare all maps and
charts that may be required in the interest of the
corporation. He shall do and perform all other
acts, under the presidents instructions. that ap-
ARTICLE XIV.
Prohibition.
40 director or officer of the association will be
permitted to purchase or otherwise acquire prop
from SAID association during their term Of office.
ARTICLE XVI
Addition, Change, Dissolution.
The stock holders OF the corporation. at general
meeting to be CONVEX ed for the purpose after thirty
days notice i'll one or more newspapers published
in the city of New Orleans, may make any modif
cation addition or change in the act of incorpora
sent of three fourths of the stock represent. at
such meeting, and any ard all such notifications
additions changes IA or dissolution shall be recorded
contained shall se in conflict with the provision of
article VIII
ARTICLE XVII
Annual Statement, Reserve Fuats. Oiyi.
dends.
The Board OF Directors shall furnish, and cause
to be published in one or more of the newspapers
of the city of New Orleans. annual statements OF
the affairs of the company, sworn to Ind cub
From the net profits accruing to the COMPANY
there shall be deducted yearly Ten per cent to BE-
carried o the reserve fund and of the remsinder
one shall be- retained for and appropriated to
the general uses of the company, and tie 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, sooner z or
dered above, the affairs Of he corporation shaI
be hqudated, IT'S debts pal ad the balance divi-
ded among the stockholders BRO rata on the suma
severally paid, under the charge aud superintend-
euce of three co nmiesioner-, who shall be stock
holders. appointed by the Board of Directors for
Thus done and passed, at New Orleans in nv
office. Oh the day, month, and year first above