The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-05-21
Charter.
STATE OF LOUISIANA.
PARISH OF ORLEANS.
CITY OF NEW ORLEANS.

4 D
Lord one thousand eight hundred and seyRty -iouI,
and of tne independence of the United States OF
America the ninety eighth, bsfore me- william Joseph
Castell Notary Public in and for the parish OF Or
leans State of Louisiana, duly commissioned anu
qualified and in the presence of the witnesses ere
matter named and undersigned personally came aad
appeared the parties whose names are suoscrloea
hereto, who declared hat. awaiting themselves OF tue
provisions OF the laws of the State OF Lou sana rea
tive to the organization of corp rations for WORKS OF
nuh,e announcements and other purposes in SAID
state they rave covenauted AID agreed. aud DO by
these presents covenant and agree, and nlnd theh-
selves those whom they represent TO form 'nei-
selves into and stitute corporation for the 90
iects and purposes and under tie stlpu atoms ana
conditions following, to wit
ARTICLE FIRST.
The name and title of this corporation shall be the
AMERICAN METALLIC BARREL COMPANY, and Its
domice the city OF New Orleans, State OF Louisiana
ARTICLE SECOND.
The objects and purposes of this organization are
hereby declared to be the manufacturing ana vending
of metallic barrels half barrels, kegs and other IKE
vessels and their contents, i'll any part OF the Oned
States under and by virtue OF certala Letters Patent
granted to James Bard by the United States atent
Office and also OF selling and conveying any rights
an privileges a quired by sa Letters Patent
ARTICLE THIRD.
The capital stock of this corporation shall be THREE
HUNDRED THOUSAND DOLLARS, divided INTO
Three Thousand shares of One Hundred Dollars each
one thousand five hundred shares OF SAID stock are
his assgnees and the same shall constitute the price
and consideration the sale to this corporation by the
ga James l. Bard aud his assignees, of their right
and title III and to Letters Patent numbered 796,
dat d the sixteenth day Of January, one thousand
eight hundred and seventytwo, and Letters Patent,
numbered 13T, $780, dated the eighth day OF April one
Thousand eight hundred and seventy three, both ot
which aid patents were granted to the said James l.
Bard by he United States Patent Office for improve
mens IN construction of metallic cask, and barrels
said one thousand five hundred shares to be known as
full paid stock aud shall not be liable to any contribu-
tons as sessments. 80
One Thousand shares by prev GUS arrangement with
the parties shall be known and considered as pre-
erled stock aud is subscribed for and taken by the
following persons as herein stated, viz:
b. NJ. POI d, eco two hundred shares; r. B. Post,
(2O0 two hundred sh res; John l. AGams, t2O0) two
hundred shares; D MEL Edwards (20a) two hundred
sh res; A. j. Gomila, (2oO two hundred shares.
Tue remaining five hundred shares shiil be held az
the property OF the corporation and may be disposed
of such amer aud upon sucn terES az the boaro
of Directors may determine
ARTICLE FOURTH.
The off ers of this corporation shall be President.
Vice President. Secretary and Treas rer, and such
clerks employees as the Board OF Directors may
appoint.
he offices of Secretary and Treasurer may be filled
by one aud the same person. The President is the
pei son hereby designated al on lesa process
shall be ed, his absence, citation shall b
served upon the Secretary.
ARTICLE FIFTH.
The business of this company shall be managed by
Board of Directors consisting OF five stockholders,
each OF whom must own IN his individual name, or
that of the commercial firm of which he is men,
ber at least twenty shares OF the capital STOCK OF
this corporation.
Three directors present at meeting shall consti
tute a quorum " for the trans .ctlOn OF ordinary
business OF the company.
ARTICLE SIXTH.
On the first Monday in December, 1876 and annu-
ally thereafter on the same date an election shall be
Leid tor directors OF the company, at their oce, by
the stockholders; majority OF the votes at such
meeting shall elect. tee OF such meeting shall be
given by advertisemt MT inserted for thirty days in
newspapers published in the city OF New Orleans.
The Board ct Directors shall appoint three stock
holders inspectors, to preside at such election. II
any OF the inspectors decline or fail to serve, the
Presden; shall appoint others III their place
The Board of Dire tors thus elected shall take their
seats on the third Monday OF the month Of their
election, and shall remain Office for the full
of ca aud until their duly elect
ed and qualified.
ARTICLE SEVENTH.
The following named persons shall constitute the
first Board OF Directors,
b. NJ. POND,
r. h. POST,
JOHN l. ADAMS,
DANIEL EDWARDS,
A. J. GOMlLA.
And they shall hold their seats until their success
elected and qualified, provided for in Sec
ton or article sixth.
They shall their first meeting elect one of their
number President, and his term u Office shall ex
ARTICLE EIGHTH.
Books for the registry and transfer of the shares of
the capital took oi the pany shall be op ned and
kept subject to the restrictions Of the bylaws
All transfers OF stock shall be made on the books OF
the company and said books may be closed often
the director may deem fit, but for than ten
consecutive days at one time.
ARTICLE NINTH.
Said corporation sha have power and authority to
have and to enjoy succession i'll corporate
the period OF twenty years to contract, aud be
ued, i'll its corporate ma e; to make and corpo.
seal, the device OF which sh IL be, the sigu of
g barrel suspen eli by cam ooks, with the nam of
this city and OF this company encrcug 1t; hold,
receive and convey, under It's corporate , prop
erty, oota al and to name and appoint
such managers, directors and officers in erests
may require and to maAe ana establish such bylaws
ios thr proper management OF Its affairs may be
ARTICLE TENTH.
1t shall be Lawful! for the stockholders of this cor
porat repres ntng tn of the capital
stoek held stockholders. at meeting convened for
that purpose, after thirty days noti e. published in
TWO ewspapers OF this city, to auy moditica.
ons additions OR changes In the Incorporation
or to dissolve sail corporation. Any such mo itca.
tons, additions changes diseolutons shall be re.
recorded as required by law.
ARTICLE ELEVENTH.
The liquidation of the affairs of the company shall
be made b! three commissioners, appointed by the
ep esentIns three orhs of the capital
after thirty days notice, published Two newspapers
of tbs city.
Said iiqudators shall be solvent persons, not in
debted to the corpora ion and residents of tins CITY
Their term ami Office shall be assigned. AL necessary
powers shall be conferred upon them, taer compeu
satlon fixed and the period liz ida io1 deteruiusd
III snch manner and un er such regulatio a as the
stockholders, in general meeting CONVENED shall de-
termlne.
ARTICLE TWELFTH
The hsca year OF this corporation shall end on the
'hlrty-hrst DAY OF December i'll and every wear
ter the date OF acorp ration Alter the close OF m
hscai year anu as soon as pr .ctlcabe the books OF
the company shall b. balanced and general st to-
leht OF Its affairs published in two newspaners of
this city as often as the Board OF Directors may deem
proper.
ARTICLE THIRTEENTH.
No s'ockholder In this corpor ton shall ever he |
hapie Or responsible tn contracts or faults Of the
corporation, nor shall any mere lntormalty in orgau.
zaioh nave the effect of RENDERING this CHARTER null
o OF exposing stakeholder to any liability beyond |
the amount of his stock.
ms done and passed in my Office, at New Orleans |
aforesaid, the day month and ear first ahova