New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-11-15

&c it known that OR this hft!, day OF the month
of November in the year Of our Lord one thousand
eight hundred and seventy four and of the indes
pen,lence Of the United States of America the
ninety ninth, before me. Charles e. Anury. a Boe
tary public. Gully commissioned and sworn in and
for this city and the parish of Orleans therein
residing. ana ia the presence Of the witnesses
hereinafter named and Undersigned personally
appeared Messrs. John B. Lafitte, James T. Dose
aud James Madison Seixas. all residents of this
civ. who declared that awaiting themselves of the
rights, powers and privileges conferred by the
and nstit uted corporation for the purposes Ohe
j-cts. and under the stipuations and regulations
following, to wat:
This corporation shall be named and stvied the
SOUTHERN AND ATLANTIC TELEGRAPH conc
in tho city OF New Orleans, parish Of Orleans
State OF Louisiana. The officers of the corpora
be- 81 s sos ana
Citations, notices and other legal process shall hS
served on the president: or on the secretary
should the president be absent. The corporation
shall commence business as soon as the requisites
of the law shall have been complied withs Ie
shall exist and continue for twenty-five years.
during which time ii shall have and enjoy success
sion; it shall contract, sue and be sued hold rec
eeive, pdrchase sell and otherwise convey, nndep
sonal; 1t shall establish such rules bylaws and
regulations for the management of the companys
as NAV be necessary, provided such rules, by laws
and regulations shall not be contrary to the stip,ls
atOns of this charter the laws of this States
and privileges given bv law to corporations
| The said corporation shall use a corporate scale
the device upon which shall be an eagle, with thS
name Of the company around 1t.
ARTICLE II.
The purposes for which the said Southern and
1 Atlantic Telegraph Company Is established. and
| the nature of the business to be carried on lit.
are hereby declared to be: To construct, use an6
operate magnetic telegraph linee. and to transMiS
messages along the for themselves and for the
public, on and along all highways lways. canals
such other of the United States where the lava
| shall or NAV permit. and the said company may
desire and also to connect and contract with any
other line lines OF telegraph for the trans misc
| sion Of messages to any part of the world
ARTICLE III.
The capital stock of the company is xed az GesD
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 OF the Beard of Directors, be increased
| to any sum not exceeding one hundred thousand
dollars, to be divided into corresponding numbes
| of shares of twenty-five dollars each, s" bS S;si
| cash 1t the time Of subscription.
| ARTICLE ".
Transfers Of stock shall be made on che Doea 80
The company. and no ssockholde. shall ever no
! of the corporation in any further sum than she
unpaid balance .iue to the com pany On tbs slsseg
| owned by him.
! The Board If Directors shall be composed - Hee
members, elected annually by ballot, by stockholders
I representing majority of tie shares on the hIss
I Monday Of NOvsmser. At a meeting called for this
J purpose by the secret8rythe said meeting to take
! place after ten days notice in two newspapers
| published in the city of New Orleans The d.Beds
| tors shall elect FROM among themselves the pr-si'
I dent and secretary OF she corporation; and ShS
said directors and officers shall exercise their A,nes
tions until others are elected in tieiE stead ans
shall have qualified All vacancies shall b. dleta
| in the board by the Yemain ng meInberso
ARTICLE VI.
| The first annual election shall take place on enc
first MondaS OF November, 1873 and until All ess.'
ton shall have been held and Board Of Oirec tors
! shall have b.en elected, and shall have qualified
under the provisions OF this act and in accordance
with the regulations and laws To be adopted, thu
following med persons shall constitute the fiysf
1 Board vi Directors, among whom the first twd
| named are respectively designated 40 president
and secretary 10 wit: John B. Lafitt.. president
| James Madison S<ixas. secretary: Jat.ies T. Ues.
well. john q. Gaines aud Samuel Simpsons
ARTICLE VII
The president, o IN his absence one " she di7eS
tors elected tor that purpose, shall preside at al
meetings OF the board perform all the duties OF Al
| executive officer. aud shall conduct al; tho bus
ness of til. company generally. The secretary
shall perform all thu duties usually appsrta nj n
, | t1te QuOIum 10E the transaction Of busill3sAo
ARTICLE VIII
This charter may be amended. a,tered OF as
nuled. and the company Dissolved at any time a!
; I general meeting of ties stOckhoiiers convened
for that purpose afteS thirty days notice. pubs
. sished in two nssspaPe.s in IN. city OF New O,s
represented at such meeting Aha!I assent ~ she
| same. ,u,,c,,,,
At the expiration OF this charter, ~ IN case fYi>
said company shall DE- sooner dissolved, the alta
OF the company shall be liquidated and settled BY
three to be chosen by three 70 TIN
of she stock represented at any sneetinS or tht
stock holders called for that purpose. and tn tht
I event that no such commissioners ehOstsq
then the affairs of che said company shall be fiqui
! dated and settled by chs pyesideI& aud dHeeJss
I last elected.
| ARTICLE <.
I The following named persons are STOCKHOLDERS e
the cOrpoi creatsa under this act, and
! entitled to the number Of shas,s PItseI az
; ! posit< theis names respectively. vn.
SLATE
John 3 Iahtte...... ACKNOWLEDGEMENTS.
Samuel simpson.
John - Gan@s......... aluminium.
And Che Southern ana Atlantic Telegraph totso
! pany, of which Charles ". BLOSSOM ESQ. -
tlce pHeeldeht.. ~
And, in conclusion Che stock oid-rs ;flI co':, q
. | Ators ieIeinaDOvt Eane|f vi conf rmetioD 0G fh
! Aforesaid stiyuattOnS eOven AntS and agreeme nfs
l IL SiaAA4ia 4 o.