New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-05-15
CORPORATIONS.
u -. "
STATE OF LOUISIANA, FARIsR AND CITY OF
NEW URLEANS


NEW ORLEANS
| Be it known that On this twenty first day O
April, in the wear of our Lord ore thousand ejeh
hundred and seventy FIVE, aud of The indepen
dence of the United States OF America the ninety
ninth, before me, Andrew Hero Jr., not .rv publ
state OF Louisiana, duly commissioned and quail
ned. ard il presence of the witnesses herenafte
named and ndersigned, personally came and ap
peared the several p-rtoDs whose names are here
unto subscribed, who, declared that, svailins
themselves of the provisions of the laws of Nh:
State relative to the organization If CO, poration
for works of rubc improvement aDd utility the,
have covenanted and agreed and do by these
presents covenant and agree and bind the Dse es
associated with them TO form aud constitute a
corporate and BODY pstic in la W for the obec't
aud PURPOSES and under the stipulations and
articles following, to wit:
ARTICLK
The name and title of said corporation sha ! be
THE EkW ORLEANS AND RED RIVER TRANS
PORTATION COMPANY, and bv that name shall
have power and authority to enjoy succession and
exist aor the full term ana period commencing
from and after the day and GATE hereof, and
tel mnatng on the st day of July in the year u1
our LGrd one thousand eight hundred and seventy
seven; to contract, ana be sued; to make use
and have Corporate seal; to name and appoint
sucEl III anagars, director, aud officers it's bsi-
ness znsy reqni'.; and 10 make AID establish such
bylaws for the proper mana cement and regula
toa OF the affairs OF said cor poration as may be
deemed NECESSARY.
ARTICLE H.
The domicile of said corporation shall be in the
city Of New Orleans, s. ate of Louisiana, aud <ta-
items and other legal process shall be served on
tie president of tie Board of Directors of said
corporation.
The objects aud purposes for which seid cor.
poratlOn Is Established, and the nature of the
business to be carried on by it, are to procure and
maintain q good and sufficient number cf steam
GoaFs or other vessels for the transportatO Tor
comptns.tion, OF passengers, freights, the mails.
9fc ant the transaction of all business conne cted
with the running charteIing and maintaining OF
one or more lnes Of steamboats, from the city of
Nev Orleans to All points on the Mississippi river
and Its Tributaries, and more especially on Red
river so as 10 afford and grant better facilities
the Inhabitants OF such sections to forward and
convey freight aud all products to ans from New
Orleans, ald to create aud coutin freight ex-
press.
ARTICLE ".
The capital stock of said corporation is hereby
declared to be ten thousand dollars. represented
by two hundred shares OF the sum Ut Fifty dollars
each; tive per cent VI each share shall be payable
in cash demand and the rem apder Of ca ch share
shall be paid at such times and in such amounts as
the Board of Directors may direct. Any stock
holder nexlecting OF refusing t. meet and pay the
Board of directors, within thirty days frOm The
publication OF notice of such iIstallmen,s being
due and payable. shall tolfeit an and all share
shares Of stock upon which any installsnent may
b. due i'll favor OF such corporations; and the Board
OF rectors may dispose OF such forfeited stock at
public or private sale for the uBe ind benefit Of
said corporation.
ARTICLE v.
All powers of this corporate shall be vested in
Board OF Directors. compose OF i've stock hold
f, ers OF this c'Tpo alton !oseph a. Aiken. N. y.
Wood Henry Briuker, Isaac H KOUns and Fred
erick W. Ames with the said Oseph 4. Aiken as
President. are hereby deolar ed to have heen
chosen and selected as the first Board OF Directors
and shall hold office until the first day of July
1876, or until their successors shall have been
elected. On the fest Uesdsy June, in the year
1876, an elec ion for directors ball take place
the office or domicile OF said corporation, under
the superintendelce of three m,nissiOuers to be
appointed by the Board o: d. rectors, of which
elect ten days prior notice sha II be given in one Of
the daily newspapers published in the city of New
O,leans, and the directors then l+cted shall serve
until tue period herein fixed for the expiration of
THIS corporation. hI,r:ty of votes cast shall
elect and each sh of stock sh all be entitled to
Occurring III in ssd BEARD "a FROM S Hny
whatever shall be filed by elect 10 OF the remain
ing directors. Three directors 8. al forE asuorum,
ana said Board Of Directors shall ppolnt such Off
GERS. clerks or ag-uts as NAV be deemed necessary
for the business OF this corporation and have full
power to make and establish, as well as change
an' and all BY laws rules and reg ulatiOns for the
support and management of the affairs and bust
ness OF said corporate
ARTICLE VI
The capital stock of this corporation nav be in
creased 10 ANY sum not exceeding ono hundred
thousand dollars; and this act Of incorporation
nay be changed modified altt red. or this cor.
ooration dissolve with the assent of hs
)f the capital stock thereof, at any general meet
ng Of the stockholders of said corporation con-
'ened tor such purpoee, aft-r ten days notice Of
'uch meeting shall have been given IN two news-
papers published IN the city '8f New Orleans.
ARTICLE VII.
This corporation whenever dissolved either by
imitation uf its charter or tcom any other cause
hatever. shall be IiGuidated Dy ihree commits
ioners. to be appointed by the Board of Directors
Who shall remain in tiice Until the final settle
nent and liquidation OF said company 8 affairs,
ARTICLE VIII
Tho royuou of ~. .to,,xho,aur, %..oxh..-u;...L.
espective humber Of shares held by each sIe, for
he present. declared to be as signtd d and set op
oste the IT respective names OF the parties hereto.
ARTICLE TX.
No stockholder shall ever be held liable or re. |
ponsible the contracts faults Of this cor. |
otatOD i'll any further sum than the unpaid |
aance due to The company OE the shares owned |
him.
Thus dore and passed in my office at New
reans, aforesaid, in the presence Of Geecge
enas and Paul A. Conaud, witnesses, both Of tl,is
ty, who hereuntO sign their names with the
foresaid.
Original 4. gned:
II. J. BRINKER. twelve shares;
JOSEPH a. AIKEN. ten 81 ares;
F W AMrS, nlne shares;
GEORGE w. RkA, nine shares;
II. KuUNS ten shares;
william T. SCOvELL. niue shares
c. W. STlNDH, twelve shares.
GEORGE CENAS.
ANDREW HERO, JE Notary Public |
J. the undersigned, deputy recorder of mortgages
and for the parish OF or cans, Stste of Louisiana, |
hereby certify that the within and foregoing
ct Of por;itinn was this day duly recorded
this Office, according to law, in book No. 1ls,
llO $50 TT seq.
New Orleans April y, 1875.
c. DARCANrEL,
Deputy Recorder.
A true copy of the original on file and of record
my Office.
New Orlea S, Louisiana April 23 1875
ANnREW HERO, JR., Notary Public.
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