New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-11-22

UNITED STATES OF AMERICA-STATE OF LOT.
1S1ANA-CITY OF NEW ORLEANS.
Be it known that on this fifth day Of the month
Of November, in the year OF our Lord one thousand
eight hundred and seventy.fOur, and of the indie.
pendence of the United States of America the
ninety ninth. before me- Charles G. Andry. a no
tsry public. duly commissioned and sworn. in and
for this city and the parish Of Orleans. therein
hereinafter named and Undersigned personally
appeared Mesers. John 8. LATTE, James T. Dos.
well. Samuel Simpson. John G.. Gaint $, Carl Kohu
and James Madison Seixas. all residents of this
city, who declared that. awaiting themselves of the
laws Of the tate Of Louisiana, they have formed
and instituted corporation for the purposes. op'
iects and under the stipuatons and regulations
folio wing, to wit:
This corporation shall be named and styled the
PANY, and its domcile shall be and is here by fixed
in the city of New Orleans, parish of Orleans.
State Of Louisiana The officers of the corpora
who shall be elected BY the Board Of Directors
Citations notices and other legal process shall be
should the president be absent. The corporation
shall commence business as soon the requisites
Of the law shall have been complied with. 1t
shall exist aud continue for twenty-five years,
during which time it shall have and enjoy success.
sion; 1t shall contract sue and be sued hold, re-
ceive purchase. sell and otherwise convey, under
it's corporate name, property, both real aud per.
sona it shall establish such rules, by laws and
regulations. for the management Of the company.
and regulations shall not be contrary to the stpu.
lations of this charter or the laws of this State;
and privileges as are given by law to corporations.
The said corporation shall use a corporate seal,
the device upon which shall be an eagle with the
name Of the company around it.
ARTICLE II.
The purposes for which the said Southern and
Atlantic Telegraph Company Is established, and
are hereby declared to be: To construct use and
operate magnetic telegraph lines. and to transmit
public, on ana along all high way s. railways canals
rivers and other public ways in this State and IN
such other Of the United States where the laws
shall or may permit and the said company may
desire, and also to connect and contract with any
other line lines OF telegraph for the trans mis-
sion Of. messages to any part of the world
ARTICLE III.
The capital stock Of the company is fixed at five
thousand dollars. which ia divided into shares OF
a psS n but The capt st"et
resolution Of the Beard of Directors, be Increased
to any sum not exceeding one hundred thousand
of shares of twenty five dollars each to be paia
cash 1t the time Of subscription.
ARTICLE ".
Transfers of stock shall be made on the books Of
held liable responsible for the contracts faute
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 tit 9
members, elected annually by ballot by stockholders
representing majority of the shares, on the first
| Monday of November at q meeting called for the
purpose by the secretarythe said meeting to take
| place after ten days notice in two newspapers
published in the city of New Orleans. The direc.
tors shall elect from among themselves the pres:'
dent and secretary of the corporation; and the
said directors and officers shall exercise their func:
tions until others are elected in their stead and
| shall have qualified. All vacancies shall be fLe6
| in the board by the remain ng members.
ARTICLE vi.
The first annual election shall take place on the
first Monday Of November, 1875 and until an cleo
ton shall have been held, and Board of Drec
! shall have been elected, and shall have qualified,
under the provisions OF tins act and in accordance
with the regulations and by laws to be adopted the
| following named persOus shall constitute the first
| Board OF Directors, among whom the first two
| named respectively designated as president
and secretary, to wit: John B. Lafitte. president;
James Madison Seixas. secretary; James T. Dos.
well, John g. Gaines sp and samuel vHi SIMPSON
The president or IN his absence one of the dire
tors elected for that purpose shall preside at al,
executive officer and shall conduct ali the busi.
| ness of the company generally. The secretary
a e n Thqes a oons
tiste quorum for the transaction Of business,
| ARTICLE VIII.
This charter be amended altered or al.
nulled, and the company dissolved at any time at
| q general meeting OF the stockholders convene {:
for that purpose after thirty day w., noes pne
leans, provided that hree-fourths Of the stock
represented at such meeting shall assent to tbs
same
| ARTICLE TX.
At the expiration of this charter, or in case tbs
said company shall be sooner dissolved, the affairs
| OF the company shall be liquidated and settled By
three commissioners, to be chosen by three fOurths
| of the stock represented at any meeting OF tbs
| stockholders called for that purpose, and in shf
| event that no such commissioners 80 chosen
then the affairs Of the said company shall be lqu!
dated and settled by the president and Director
| last elected.
| ARTICLE <.
I The following named persons are STOCKHOLDERS o
the corporation created under this act. and suc
| are entitled to the number Of shares placed W
SHARE,
JOnn b. L0nIlessssss
| James T. boswell.
! Samue! Simpson. ....................."....
| JODn u Ndlucesssss.ssss
| Carl kOnn.s
}. NJ. Seixas..
| Aud the Southern and Atlantic Telegraph Come
pany, Of which Charles w. Blossom. Esq. -
rice president ............... .:.......:......:.
And. in conclusion, the stockholders and corp Q!
AtOrs heYeinabOve named. in confirmation of tn
aforesaid stipulations. covenants and agreements
/ ye1 s.Di All I'D the OreSent