The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1875-12-21
7777-7777'77'77'' -
CHARTER.

DE IT KNOWN THAT ON THIS THE
- twelfth Of tho month of October. in the year
of our Lord one thousand eight hundred and
seventy-ive, before me, James Graham, notary
public, duly commissioned and sworn for the
parish Of Orleans, State Of Louisiana. and u the
presence of the witnesses hereinafter named and
undersigned. personally came and appeared the
several parties whose names are hertunto sub
scribed who declared. that availing themselves
of the provisions OF the laws of Louisiana, in re-
lation to tho promotion and organization Of
corporations. rs contained in theltevised Statutes
OF this State for the year 1870, page 1873. section
CIT they have covcnanted and agreed. and by
these presents do covenant and agree, and bind
themselves. and those whom they represent to
establish an Incorporated company. for the OBJ
iect and purposes and under the obligations
stipulations and regulations hereinafter set
forth and contained, to wit:
ARTICLE I.
The name and title of this corporation shall be
the ''DEMOCRATIC PUBLISHING COMPANY
OF NEW ORLEANS" 1t shall be domicilatcd
and have its principal Office in the city of New
ENJOY Corporate powers aIM privilege to the full
torn Of twenty five years from the date hereof
ARTICLE H.
The objects and purposes Of this corporation
shall be the compiling. printing and publishing
Of newspapers, and the carrying on Of a general
book and job printing business and all things
properly pertaining thereto.
ARTICLE III.
The newspapers compiled, printed and pub
ished by this corporation shall be Democratic
ARTICLE ".
Tho objects Of tho ncw5papers compiled
printed and published by this corporation shall
be to promote tho 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 ennoble
public sentiment and feeling; and to that end
shall without fear or favor, decry and condemn
all frauds, population, corruption and crime
wherever found.
AREICLE V.
The capital stock Of this corporation Is hereby
fixed at One Hundred Thousand Dollars, divided
into ten thousand shares Of ten dollars each,
the formation Of this corporation may, at the
discretion Of the managers thereof. be divided
into halves Of share and disposed Of accord
iDgly.
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
''A'''''''' 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 to more
than one vote in his own right and one vote as
ARTICLE VIII.
No stakeholder shall vote at any meeting OF the
stockholders by proxy or agent, unless such
proxy or agent be 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 majority Of the
managers given in writing.
ARTICLE 4
No stock Of this corporation shall be sold OF
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 writins 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.
poses to sell or transfer his stock, also his resi-
! dence, the number Of shares proposed to be solo
and the price Of the same. Should any number
, Of the managers exceeding Ols-fouTth ot the