New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-11-25
CORPORATIONS.
HARTER.................... CHARTER
United STATES OF AMERICA-STATE OF LOU.
lSIANA-ClTY OF NEW ORLEANS.
CHARTER

Be- it known that on this fifth day OF the month
OF November, in the year of our Lord one thousand
eight hundred ana seventy four and of the indie.
Pendence or the United States OF America the
ninety ninth, before me- Charles G. Anary a no.
tary public. duly commissioned and sworn, in and
for this city and the parish Of Orleans. therein
hereinafter named and Undersigned, personally
appeared Mesers. John B. LATHE James T. Dos
we'll Samuel Simpson John G. Gains s. Carl KOhn
and James Madison Seixas all residents of this
city, who declared that Ailing themselves of the
rights. powers and privileges conferred by the
laws of the state of Louisiana they have formed
and instituted a corporation for the purposes, oh.
jects and under the stipulatiors and regulations
following to wit: ARTICLE
This corporation shall be named and stvied the
SOUTHERN AND ATLANTIC TELEGRAPH COM
in the city of New Orleans, parish of Orleans.
State Of Louisiana The officers OF the corpora
ton shall consist Of president and secretary.
who shall be elected by the Board Of Directors.
Citations, notices and other legal process shall be
served on the president. the secretary.
should the president be absent. The corporation
shall commences business as soon as the requisite s
of the law shall have been complied with. 1t
shall exist and continue for twenty five years,
during which time ID shall have and enjoy success
siOr; it shall contract. sue and be sued. hold,
ceve, purchase. sell and otherwise convey, under
its corporate name property, both real aud per.
eOnal; 1t shall establish snch rules, by laws and
regulations, for the management OF the company.
as may be necessary, provided such rules, by laws
and regulations shall not be contrary the stip.
latiOns of this charter the laws of this State;
and it shall possess in general all such powers
and privileges given bv law to corporations.
The said corporation shall use a corporate seal,
the device upon which shall be eagle, with the
name OF the company around 1t.
ARTICLE II.
The purposes for which the said Southern and
Atlantic Tele graph Company Is established, and
the nature of the business to be carried by it,
are hereby declared TO be: To construct use and
messages along the same for themselves and for the
public. on ana along all highways railways, canals,
rivers aud other public ways in this State. and in
such other OF the United States where tho laws
shall OF NAV permit and the said company may
DESIRE and also to connect and contract with any
other line lines OF telegraph for the trans III is.
sion Of messages to any part of the world.
ARTICLE III.
The capital stock Of the company ia fixed az ye
thousand dollars. which is divided into shares OF
twenty. five dollars each, making two hundred
shares, all paid in. but the capital stock may BY
resolution o: the Beard of Directors be incr essed
to any sum not exceeding one hundred thousand
dollars, to be divided into corresponding Rumbel
Of shares of twenty five dollars each, to be paid
cash at the time OF subscription.
ARTICLE ".
Transfers Of stock shall be made on the book, OF
the company, and no stakeholder shall ever be
held liable responsible for the cOntrac faults
of the corporation in any further sum than the
| unpaid balance due to the company on the shares
ARTICLE v.
The Board of Directors shall be composed of five
members elected pally by ballot by stock holders
representing majority of the shares, on the frs
Monday of November, at a meeting called for the
purpose by the secretary'the said meeting to tax.
place after ten days notice in two newspapers
published in the city of New Orleans. The direc
tors shall elect from among themselves the presi
said directors and officers shall exercise their func
tons until others are elected in their stead, and
shall have qualified All vacancies shall be filled
| in the board by the remaining members.
ARTICLE vi.
The first ann ual election shall take place the
first Monday of November. 1875 and until an cleo
tion shall have been held. and Board of Directors
shall have been elected, and shall have quail fed
under the PROVISIONS Of this act. and in accordance
with the regulations and bylaws to be adopted the
following named persons shall constitute the first
l Board OF Directors, among whom the first twl
| named are respectively designated as president
and secretary. to wit: John B. Lattte. president,
well. John G. Gaines aud samuel mpson.
l ARTICLE VII.
president. or in his absence one Of the diree
tors, elected for that purpose. shall preside at al
meetings OF the board. perform all the duties of
executive officer. and shah conduct al; the bust
shall perform all the duties usually apper1ainins
| to such officer. Three directors shall cousti
sIte a quorum for the transaction OF business.
| ARTICLE VIII.
This charter may be amended. altered or an
n'!lled. anu the company dissOl.ed at any time al
l general meetisS Of the ockhoiders convened
lished IN two newspapers in the city Of New Or.
leans. provided that three fOurths of the stOck
represented at such meeting shall asse0; to the
same.
article TX,
AZ tbs expiration of this charter or IN case tha
said company shall be sooner dissolved the afays
of the company shall be Nquidated and settled by
three cOmmisso .ers, to be chosen by three
of the stock represented at any meeting ct the
stockholders called for that purpose. and in the
event that no such commissioners are no ehO SCI
the n the affairs of the said company shall be !qui
dated and settled by the president sui directors
last elected.
ARTICLE <.
The foflowin. named persOns are stockholders o
the corporation created under this act. and as such
are entitled to the number Of shares placed Oh
pos:te tieiy names respectively. viz:
Shares
James T. boswell. Observation-Disclosures.
SdmueI GIN peou.
CAfI NOM .............. neutrality-suspicious..
- is .'oAAtss'.
and the Southern and Atlantic Telegraph Com.
pany. OF which Charles W. Blossom. ESQ., is
VICE pIeeloekl.s .l9}
And. IN conclusion, the stockholders and corp or.
ators hereinabOve named. IN confirmation of the
aforesaid stipuatOns covenants and agreements.
ordained and established nv ha