The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1875-12-30
CHARTER.

DE IT KNOWN THAT ON THIS THE
- twelfth Of the month of October. IN the year
Of our Lord Que thousand eight hundred ana
seventy i've, before !no Jalqes Graham a notary a
parish Of Orleans. State o Louisiana, aud ~ the
presence Of the witnesses bcrcnafter named md
undersigned. personally caIle and appeared the
several parties whose names are hereunto sub
scribcd. who declared. that awaiting themselves
Of the provisions ri the laws oi Louisiana, IN RS.
latiou 10 the promotion aud organization oil
corporations, ~ contained in fhclevised Statutes
Of this Stntc. for the year 1870. page l3l. section
s77. they have c,ovenanted and agreed, and 10y
themselves. and those whom they represent. ~
establish IN Incorporated company. tgr the OBJ
ieei and purposes and under the obligations,
Stipulation and regulations hereinafter set
forth and contained, to wit:
ARTICLE L.
The uame and title Of this corporation shall I've
as MN PEMoEGkkhsAKESSs s e.
and have its principal Office in the city Of New
Orleans, State Of Louisiana. and shall have and
enjoy corporate powers and privileges 10 the full
term Of twcnty-hv years from the date hereof.
ARTICLE II.
The objects and purposes OF this corporation
shall be the compiling. printing and publishing
Of newspapers. and the carrying on Of ~ general
book and Job printing business and all things
properly pertaining thereto.
ARTICLE Ill.
The newspapers compiled. printed and pub
lshed by this corporation shall DO Democratic
ARTICLE Nv.
The objects Of the newspapers compiled,
printed and published by this corporation shall
be to promote the commercial. industrial. social
and political interests Of this State and country;
and to give tone, vigor point and effect to every
thing calculated To elevate, refine and ennObe
public sentiment and feeling: and 10 that end
shall without fear or favor, decry and condemn
all frauds, population, corruption and crime
AREICLE v.
The capital stock Of this corporation IL hereby
fixed at One Hundred Thousand Dollars, divided
into ten thousand shares OF ten dollars each
ANY given number Of shares not subscribed ut
tho formation Of this corporation may. ut the
discretion Of the managers thereof. be divided
into halves Of IL share and disposed Of accord
ngIy.
The CORPORATION shall commence business
when six thousand dollars Of its stock shall be
the managers or SUCH person or persons as they
may designate after the corporation shall be
''''' ARTICLE VII.
A full share of stock Of this corporation shall
entitle the holder and owner thereof to one full
vote but no stakeholder shall be entitled 10 more
than one vote in his own right. and one vote as
pi'N' = 'e'- ARTICLE VIII.
No stakeholder shall vote at any meeting OF the
stockholders by proxy or agent, unless Such
proxy or agent be a stakeholder in said corpora
ton.
No stock OF this corporation not subscribed for
before its formation shall be taken or subscribed
for except upon the consent of a majority Of the
managers given In writing.
ARTICLE x.
No stock Of this corporation shall be sold or
transferred without the written consent OF three
| fourths Of the whole number Of managers: and
any party wishing to sell or transfer his stock
must notify In writing each and every manager
three days before he proposes to sell or transfer
his stock; and such notice must contain the full
name Of the party TO whom the stockholder pro-
dence, the numlcrsof shares proposed to be sold
| and the price Of the same. Should any number
] Of the managers exceeding one-louTh o. the