The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-05-29
Ch@rter.
STATE OF LOUISIANA.
PARISH OF ORLEANS. N


STATE OF LOUISIANA.
PARISH OF ORLEANS. N
CITY OF New ORLEANS
DE 1T KNOWN THAT ON THIS DAY.
Id the 9th Of the month Of May in the year Of our
Lord thousand eight hundred and seventy four
| and Of the independence of the United States Of
America the ninetyeghth. before mo- William Joseph
Castel Notary Public in and for the parish Of Or
| leans State of Louisiana. duly commissioned and
qualified and in the presence of the witnesses here
matter named and undersigned, personally came and
| appeared the parties whose names are subscribed
hereto who declared that. avaing themselves OF tina
provisions of the laws OF the State Of Louisiana reA
tive to the organization of corp 'rations for workSps
| public improvements and other purposes in II
State, they rave covenanted AID agreed. and do By
| these presents covenant and agree aud mind them
selves d those whom they represent to form them
selves into aud con stitute corporation for the OBJ
| jects and purposes and under tae stipuiatons and
| conditions following, to wit:
| ARTICLE FIRST.
The name and title of this corporation shall be tia
| AMERICAN METALLIC BARREL COMPANY. and ita
domcile, the city OF New Orleans State of LouisanA
ARTICLE SECOND.
The objects and purposes of this organization are
hereby declared to be the manufacturing and vending
of metallic barrels half barrels kegs and other like
vessels and their contents in any part of the United
States under and by virtue of Letters Patent
granted to James Bard, by the United States Patent
Office, and also OF selling and conveying any rights
anu privileges quired by said Letters Patent.
| ARTICLE THIRD. G'- 49,
The capital stock of this corporation shall be THREE
HUNDRED THOUSAND DOLLARS divided int
Three Thousand shares Of One Hundred Dollars EACH
One thousand five hundred shares Of said stock ara
hereby aside the property Of James Bard and
his assgnees, and the shall constitute the price
and consideration of the sale to this corporation by the
said James Bard and his assignees. Of their right
and title in and to Letters Patent numbered l22 96,
dated the sixteenth day of January. one thousand
eight hundred and seveny-two, and Letters PATENT
numbered 137 $50 dated the eighth day OF April,
pi with
which laid patents granted to the said James I.
Bard by the United States Patent ONCE for improye-
ments construction of metallic casks and barrels.
Said thousand We hundred shares to be known
full paid stock. aud shall not be liable any contrbu
| tons or assessments.
One Thousand shares by previous arrangement with
the parties, shall be known and considered as pre-
tered stock and is subscribed for and taken by the
| following persons IS herein stated, viz
B. M. Pond. (2oO) two hundred shares; R. B. Post
| (2OO two hundred shares; John l. Adams t2OOl two
hundred shares; sniel Edwards, 1900 two hundred
| sh sres; A. j. Goma, (2OO) two hundred shares
Tue remaining five hundred shares shall be held ~
the property OF the corporation. and be disposed
of in such and upon such terms ~ the Board
of Directors MAJ determine.
/ ARTICLE FOURTH. a.
The officers of this corporation shall be President
Vice President Secretary and Treas nror, and such
| clerks ano employees as the Board OF Directors mag
| appoint
| by one and the person The President IL thu
person hereby designated. uron whom legal procesa
served upon the Secretary.
ARTICLE FIFTH. ..stt
The business of this company shall be managed BY
Board of Directors consisting of Ave 0tOck0ldofu,
each Of whom must own in his individual name. oe
ber at least twenty-five shares Of the capital STOCK q
| this corporation.
Three directors present at . meeting shall const.
| tute quorum for the transaction Of ordinary
| business OF the company.
| ARTICLE SIXTH.
| On the first Monday in December 1875, and annr,-
ally thereafter the date election shall b
Led for directors of the company at their office, by
the stockholders majority OF the votes cast at such
meeting shall elect N.tce OF such meeting shall b
given by advertisement inserted for thirty days In
two newspapers published in the city Of New Oreans
The Board of Directors shall appoint three stock.
bolders as inspectors to preside At suSn election ~.
President shall appoint others in their place
The Board OF Directors thus elected sha IKE their
seats the third Monday of the month Of their
election aud shall remain in Office for the full term
of year. and until their successors are duly elect
! ed and qualified. + s=a
ARTICLE SEVENTH.
The following pamed persons shall constitute The
| first Board of Directors, viz
R. b. POST,
| JOHN |. ADAMS
DANIEL EDWARDS,
A. ]. GOMILA.
And they shall hold their seats until their success
elected and qualified, as provided for In SEQ
| ton article sixth. 4 Z.
They shall at their first meeting elect one Of thet,
number President, and his term OF once shall et
pire with that of the first Board OF Directors.
ARTICLE EIGHTH. ..ts
Books the registry and transfer Of the shares Of
the capital stock Of the company shall be opened and
kept subject to the restrictions Of the by laws. M
All transfers of stock shall be made the books Of
the company and said books may be closed often
the directors deem fit. but not for more than ten
consecutive days at one time. s4.- 81. 4u.s.s.
ARTICLE NINTH. =. 5t.t H,s
Said CORPORATION shall have power and authority Ia
have and enjoy succession in its corporate name for
the period OF twenty years to contract sue and b.
-ued in it's corporate name; to make and use corpo
rate SEAL the device of which shall be- the design OF
barrel suspen ted by cam hooks, with the nam Of
this city and OF this company encircng it,; to hold.
receive and convey. under its corporate NAM. prop
erty, pota real and persona to name aud appoint
such managers, directors and officers its interests
may require and to and establish such bylaws
fo- tn" proper management OF its affairs - may %
necessary.
II shall be lawful for the stockholders of this cor.
poraton. repres nting threefourths Of the capital
stock held stockholders at meeting convened for
that purpose after thirty days notice, published In
two newspapers of this city. to make any modinca-
ons additions changes In the of incorporation,
| or to dissolve said corporation. Any such mo iAca-
tons additions changes dskolutions shall be 70.
I recorded as required by law
| ARTICLE ELEVENTH.
The liquidation of the afairs Of tho company shall
be made BY three commissioners, appointed by the
stockholders epesenting OF the capital
stock at general meeting convened for that purpose.
after thirty days notice. published in newspapers
| of this city.
Said liquidators shall be solvent persons not In
debted to corporation and residents Of this city
Their and office shall be assigned ALI necessary
powers shall be conferred upon them their compen.
saton xed and the period VI idation determined
! in such manner and un2er such regulators ss the
stockholders, in general meeting convened shall de-
termine
ARTICLE TWELFTH.
The fiscal year Of this corporation shall end on the
thirty day Of December In each aud every year
after the of incorporation After the close OF the
| fiscal year and soon practicable. the books OF
the company shall be balanced, and general state.
ment of it's affairs published in two newspapers Of
this city Is often the Board of Directors may deem
proper.
| ARTICLE THIRTEENTH.
No stakeholder in this corporation shall b
liable responsible for the contracts faults of the
shall InfQrmalitY In arQanis