New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-01-14
QUARTER. ..................CH AkTER
UNITED STATES OF AMERICA.
STATE OF LOUISIANA.
,LBAKTER


CITY OF NEW ORLEANS. PARISH OF ORLEANS.
| BE il Known that on this iw.nty-sixfh day Of
Noyember IN the year OF our Lord one thousand
| mand Pilot notary public, duly commissioned aa
sworn, in and for the parish and city aforesaid.
therein residing. and in the presence OF the wit.
nesses hereinafter named and Undersigned person.
ally and appeared the parties whose names are
hereto subscribed STIMULATING for themselves and
Tor those whom they represent. who declared that.
awaiting themselves of the rights and privileges
granted hy and contained in ths provisions @. the
statutes of the State Of Louisiana relative to the
organization ct corporations IN this State. they
have covensnted and agreed and do by these pre-
| snts covenant ssre<, and bind themselves and
those whom they represent, TO forIs themselves
into and constitute q corporation for She Ohjec,
J and purposes and under the .tipulations agree
ments SH1 HrS lEat!o!ss b. TenAftsr sSt Io.;.. to
vii
ARTIcLEk
Name, DGRIicile. Term ma Legal Repre-.
eentatian
Tie nafne ~ style OF this 81 association .,la" he
THE LsBORIN6 HOMESTEAD AND CO-cPERA
1--WE ASSOCIATION OF LOUISIANA. 1t shall be-
damiciliated and have lis rYincra! ':i.cs in She
city u Ne " Orleans. State Ut L.,Uis1aaa.
ARTICLE II.
GunctiOns and Powers
TITS corporations shall have power and authority
70 enjoy and 20 have succession, by its corporate
name. for a period ~ twenty five years frOln the
date ahereof: +" contract, sue ana b~ sued N its
corporate name: ~ make and Use . corporate seal;
TO hold receive. eUgchas or otherwise acquire.
and to sell mortgage or pledge, OK "the!wis. dis
pose OF, and to convey Hnder ats corporate name.
property both zeal and persona: 90 loan money
mortgage or pledge .: feal estate or personal
property: 70 name and appoint such managers di-
Tectsrs. officers and employees as its interests and
eonveniencss may ~qulre. arc 20 make and estah.
fish such by laws for the proper management: and
regulation VI 1fs StA1s - Li:ly b. Etcs .saIy AID
pIOp~A
objects and Purposes.
Tfie ehfset ana purpose Of this association ere
hereby AZ Jared n h. he f1inwiuo Ia
To enable residen;s OF this State 10 acquire
4 Voestab.i, a. many stores =. Wi. association
NAV think proper :oy the benefit vi She socsho.d.
eYs of this con, pany.
10 ho8. receive. purchase AMI acquire. under its
corporate name property both isa' and '.I.ona.
70 sbdiSids into lots al lands thus held End &C.
GMirs1 10 build upon. improve. lease. Sell %: other
" ise dispose OF, and to convey the same and to
lease cell any other lands that may b" held bv
said ASSOCIATION rithev "n.eT acs OF prccIraion
other agency. 10 make advances on GeA estate or
ether satisfactory se.stiss TO any peTsou. Cor Tie
purposes set abovs. ami generally To d" and per.
forrn ALI other acts aud traneac: al! other
not hersn provided for. and which n.av ". nsces.
sarv Z" carry int" III; effect the 'jee:s H.a pE.
Is'sss q this organization.
ARTICLE
Capital SiOcis. Shnvce. Etc.
TIE capital stock OF this association s:.,:i lie |
five hundred thousand dollars. with the privilege
80 Mcreas > che same at any time. The five hun. |
slred thousand dollars 80 DE divided int0 fifty Thou.
sand shares, Of the par value OF ten dollars each.
upon alee payment in full. One fourth Of each |
subscription shall be payable at the time Of said
three equal instameEts, fixed on the Eyst Ma.
slays II March. July and SoSe!nbtE.
ARTICIEv.
Tsaasfee 81 Ehapes.
~ srss IN mis- corporation may be Transferred: hv
Endorsement and delivery OF Che certitc at. there
4. such Endorse meAt being by Ahe signature OF I
the holder by his or heg at torney legal .epre.
sentative blA eylI transfer shall not be valid for
amy purpose whatever, except between ths parties !
hereto until the same shall have been entered on l
the books of this corporation. go as to show .he
names OF the parties by and 20 WHOM transferred.
the number and designation OF ile share Ss shares
Nd the SAte ~ the transfe,.
ARTICLE ".
Time OF CONNIE asiog EusinsAs.
This association may commence business soon
Us fifty thousand dollars ut t.. eayita! stock shall
aAye been subscribed for.
ARTICLE VII.
s.in,is Of StocisinoIdsvs' Liabilities.
No stakeholder shall in any event he made !ia:ie ]
beyond The amount of his subscription to the ap.
al stock oE his Indebtedness - the association: |
ior shall anS mere inforlnality in organization |
the effect of rendering this charter nun of
xposing STOCKHOLDERS 10 any sisbi1ty isy"Ld the
lIn0sslk Of NjS stock
ARTICLE viH.
Islinqslene Stockholders.
AZ! shares Of said corporation chat remain
iedged TO said cerporsfion antil th.is tina! paw.
nent. and in case of non-payment Of any install.
l.
he present charter the delinquent stockholder |
hall lose all his privileges and acquired ights
ultipg from the same and from his subscriptions:
nd in ease of failure the part OF said delin. !
ueIA stakeholder, after thirty DAYS notice, to I
omplv with the requisites Of sle present charter,
S company shall have the. right to SELF said share
T shares pledged. without she 1U;egveIii .u 81 |
O. 10 Gi justice. /
ARTICLE *. ,
Corporations as Subscribers. $
Corporations may become sH1scs.l-Is t. tic
tuek y. the association. |
ARTICLE x.
Board Of Directors,