The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-02
CHARTER.
STATE OF LOUISIANA.

STATE OF LOUISIANA,
= PARISH OF ORLEANS, CRY OF New ORLEANS.
BE 1T KNOWN, that, on this Eighteenth d,
OF the month OF June, in the year of our Lor
one thousand eight hundred and seventy-fiv
aid OF the Independence of the United States
America the ninety ninth,
! Before me. JOHN G. EUSTIS, Notary Pul
lie, IN and for this City and Parish of Orlean
State OF Louisiana, duly commissioned and quail
tied, and in the presence of the witnesses her,
matter named and undersigned,
Personally came and appeared the partie
whose names are hereunto subscribed, acting fc
: themselves and those whom they represent, q
corporators, and for such other persons as ma
become associated with them by succession, phi
chase, transfer, or subscription, who SEVERAL
declared, that, availing themselves Of the pre-
visions OF the laws of the State of Louisiana. re
lative to the organization of Corporations fo
works OF public improvements and for other pu1
lposes, they have covenanted and agreed, and d
Dy these presents covenant and agree to forn
themselves into and cons itute corporation
under the following articles, which they adopt a
| their charter:
ARTICLEI.
| The name of this corporation shall be tn
FIRST CENTRAL DIFFUSION SUGAR MAN
| UFACTURING COMPANY, and by til at name
shall have power and authority
First. To have and enjoy succession for tn
period OF twenty-five years.
| Second. To contract, sue and be sued.
Third. TO make and use corporate seal.
Fourth To hold, receive, purchase, and con
| vey property, real and personal.
Fifth. To name and appoint such manage
directors and officers as it's interest and con
venlence may require.
Sixth. To establish, make, alter, or amend
such bE-laws for the proper management and
regulation of its affairs as NAV be necessary or
expedient; and to exercise such other incidental
rights and powers as may be conferred upon it
by the general or special laws of this State or of
the United States, or any thereof.
ARTICLE IL
This corporation chooses the city of New Or
leans, in the parish OF Orleans az the place of its
domicle, and designates it's President, or in his
abe ence, the Vice President as the officer on
whom citation or other legal process, or notice
may be served.
ARTICLE III.
The object and purpose of this Corporation.
and the nature of the business to be carried on
by 1t, shall be the manufacturing of cane sugar
through the Julius Robert Diffusion Process
from cane to be bought, or raised on the Com
pany's own or rented lands, it being understood
that this Corporation may also raise and cult
vate such corn and other incidental products as
may be required to facilitate the production of
structed and applied the machinery and appara-
tus necessary to the manufacture of cane sugar
~ above.
ARTICLE ".
Sec. l. All the corporate powers of the Com.
oany shall be vested in, and its business shall be
by Board of Directors consisting of
line (9) members, each of whom must be a
holding in his own name or the
lame OF the firm OF which he is member not
ess than five shares Of the capital stock of the
company; provided, that no two or more mem |
'ers OF the same firm shall at the same time hold
eats on the board, except as regards the "Ju- |
Jus Robert Diffusion Process Company" which, |
n account of special concession made to this
company, shall be entitled to two represents I
ives, to be chosen by them from their board of |
irectors and who shall ex.officio be members of |
ur board.
SEC. 2. Said directors, excepting the two ex-
ffcio directors allotted to the julius Robert
diffusion Process Company, shall be elected an
ually. The first regular election to be held on
ne first Monday of April 1876. Such election
nan n De oy ballot, at the office OF the Company,
nd conducted by two commissioners, who shall
reside over the same and make proper returns
the counting of the ballots.
SEC. =. Said commissioners of election shall be |
ected by the board from among the stockhold-
IS at least ten (10) days previous to the day of
ection, and should either of them decline or
ii to attend in time, the President of the Board.
II he be not present at the opening of the
'll, any other officer Of the Company may sup s
y the vacancy by appointment.
SEC. 4. The Board of Directors shall cause pub a
notice OF each election to be given by the Sec &
tary, at least two weeks in advance BY publ- I
ton IN one newspaper issued daily in this CITY,
Sec 5. A failure to elect the directors on the
y named for that purpose, shall not dissolve
e corporation, but the directors then in Office
all hold over until their successors are elected
d qualified, and when such failure shall occur. a
shall be the duty Of the President forthwith to n
der an election to take place thereafter, on
ing notice thereof as above provided n
SEC. 6. The directors elected shall take their q
It's on the Monday next following the election.
len ma jority of the board are duly elected it
Ill not be necessary to hold further elections to
up the vacancies, but said vacancy shall be
1phed by election made by said majority
'Ec. z. When director absents himself. it
l be In the power OF the board to appoint tenn 7
arlly In his absence another stock holder to fill of
place; provided, such substitute has the 81
ALLEGATIONS required for director. u
Ec. 8. live members shall constitute
)rum. p
ARTICLE V. az
t all elections, and on all questions submitted pa
: general meeting OF stockholders, each stock dc
der shall be entitled to as many votes as he in
y have shares, and may cast such votes either ma
person or by proxy; provided, that no indi-
Ia, firm or corporation shall be entitled to Gl
'e than two hundred votes. CT
plurality OF votes shall be sufficient to elect Pf
decide all questions, except when otherwise RI
1red by law or by this charter. CT
ARTICLE VI. 81
&C: The officers of this Company shall con- ar
OF President, Vice President Secretary
Treasurer, each of whom shall be chosen mr.;
= among the Directors for the time be NJ. fbt
If duties shs II be such as appertains to the "
ire OF their Office or may be defined in the AR
avs. n.
&c. 2. They shall be elected in the order in SOC
n they are above enumerated by the Direc- an5
J. at their first meeting after each general inc
ion. ~
C. 3. The Board of Directors may appoint the
clerks, ASSISTANTS or employees as may be vid
ned necessary for the purposes of the COM orc
, and remove same at pleasure, and shall F7
ne salary and compensation OF all officers and pO
oyees of the company, and the amount of ina
to be required Of any officer, employee or tina
t. e era
9. 4. The Board may also delegate such forr
r in the transaction Of the ordinary business ner
Q company as they may deem expedient to the,
nttees OF their own body or to officers or md
oyees or agents, in or out of the State snc,
}. 5. The Board shall have authority to Ia ii,
bylaws and to adopt corporate seal for the
'mpany.
ARTICLE VII. ~,
!. 1. The following named stockholders shall sb.i
ose and are hereby constituted the first AIS