New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-01-10
CORPORATIONS,

business AL deeds and contracts binding this
corporation shall be signed by the PRECEDENT, who
shall be the officer on whom all citations shall be
served and shall perform such other duties as ap-
pertain to his Office and not otherwise provided
for by this charter.
VICE PRESIDENT.
The vice president shall perform all the duties
and exercise all the functions Of the president In
the absence Of the latter. upon mis- DEATH resg-
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 their
proceedings. He shall, in conjunction with the
drawn in the course OF business. He shall conduct
all the correspondence of the corporation and
issue all Lotices thereof, whether directed to
tons.
TREASURER.
The treasurer shall receive the funds of the cor
poratiOn and disburse the same under instructions
from the Board Of Directors, and by their dele
gated authority, taking the necessary receipts and
ann chartered bank or any other place Of safety
that may be designated by the board. He shall be
subject TO such additional safeguards the
the accounts Of the corporation. and he shall. as
often as is required by the board report the fnan
cial and monetary condition Of the corporation.
ATTORNEY.
The attorney shall be the legal adviser Of the
board and prosecute and defend all suits to which
the corporation may be party.
SURVEYOR.
The surveyor shall. under directions of the pres
give all nes 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 Gp-
pertain to his office.
ARTICLE XIV
Prohibition.
No 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 conveu ed tor the purpose after thirty
days notice In one or more newspapers published
in the city of New Orleans, may make any modih
cation addition or change in the act of incOrpors
ton, or may even dissolve the same, with the
sent of three fourths of the stock represented at
such meeting, and any and all such notifications
additions. changes or dssoaltion shall be recorded
as required by law; provided that nothing herein
contained shall be i'll conflict with the provision Of
ARTICLE XVII
Annual Statement, Reserve Fuuds. Divi-
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 and sub
scribed by the president and secretary.
From the net profits accruing to The company
there shall be deducted yearly ten per cent to te
be- o anu and o. 1ns
the general uses of the company, and the other
half shall be divided among the stockholders pro
rata on the sums severaly paid by them. @
ARTICLE XVIII.
Liquidation.
1t the expiration of the charter or sooner If or
dered above the affairs of the corporation shall
be qudated, it's debts paid, d the balance divi-
ded among the stockholders pro rata the sums
severally paid, under the charge and superintend-
ence of three co missioner, who shall be stock
holders, appointed by the Board of Directors for
that purpose.
Thus done aud passed, at New Orleans in my
office, on the day, month, and year first above
written in the presence of Messrs. Gustave Le
Gardeur, Jr and Ambrose q. LaPice. competent
witnesses. residing in this city, who have sgaed
with the said appeareIs and me, notary. after due
reading of the whole.
Originally oigneu:
r. GERARD
T. DKBUYS,
!. TUiES,
=. &. PICARD,
D. l.. KERNI8S,
A. TERrROU,
CHARLES NATHAN
w B. SCHMIDT,
). LANGLES.
q. LEGARpEuK,sR., Witnesses.
A. Pilot, JR., Notary Public.
2 the undersigned deputy recorder of mort.
cages in and for the parish of Orleans, do hereby
certify that the above and Oreg0ing charter of the
"LabOring Homestead and Coo operative Association
of Louisiana" has been duly recorded in my office,
according to law, in book Nc. 49, foos 297, &)s,
299 and 800.
New Orleans, December 2, 1879
c. DARCANTBL, Deputy Recorder
r lelo A. PITOT JR Notary Public.