New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-05-22
CORPORATIONS.
CHARTER.
STATE OF LOUISIANA, PARISH AND CITY OF
NEW ORLEANS

Be- it known That on this twenty first day Of
| April in the year OF our Lord Thousand eli
hundred and seventy iive, and of the indepen-
dence of the United States of America the ninety
ninth, before me- Andrew Hero Jr. a not ary public
IN and fer the parish and city of New Orleans
state Of Louisiana, duly commissioned and quail
fed and IL presence of the witnesses hereinafter
named and undersigned personally came and ap-
peared the several pereops whose names are here
themselves of the provisions OF the laws of this
State relative TO the organization of corporations
/ for works of public improvement and utility thew
| have covenanted and agreed. and do by these
presents covenant and agree and bind themselves,
as well as such persons as may hereafter become
associated with them, to form and constitute "A
corporate and body polite in Law for the objects
| and PURPOSES and under the stipuatons and
articles following, to wit:
| ARTICLE
The name and title of said corporation shall be
| THE NEW ORLEANS AND RED RIVER TRANS.
PORrATION COMPANY, and by that name shah
have power and authority to enjoy succession and
cxist for the full term AND period commencing
| from and AFTER the day Ind date hereof and
terminating on the first day Of July in the year Of
| our Lord one thousand eight hundred and seventy
seven; to contract, sue and he sued; to make use,
and have corporate seal; to name and appoint
ness may require; and to make and establish such
bylaws for the proper management and regula-
ton OF the affair. OF said corporation as may be
deemed necessary.
ARTICLE H.
The dOmicile Of eaid corporation shall he in ,be
city of New Orleans State of Louisiana, and cita-
tons and other legal process shal be served ON
the president OF the Board Of Directors Of said
corporation.
ARTICLE ILL.,
The objects and purposes for which said cor
poration is established and the nature of the
business to be carried by it, are to procure and
maintain good and sufficient number of steam
boats or other vessels for the transports for
compensation, Of PASSENGERS freights, the mails.
with the running, c'iartering and maintaining Of
one or more lines OF steamboats, from the city of
New Orleans to all points on the Mississippi river
and its tributaries. and more especially on Red
liver. to afford and grant better facilities to
convey freight and all products to and from New
orleans and TO create and continue freight OK
press
ARTICLE ".
The capital stock of eaid corporation ia herebv
declared to DO ten thousand dollars. represented
by two hundred shares OF the sum of fifty dollars
each; fve per cent of each share shall be PAYABLE
in cash On demand and the ainder of each share
shall be paid at such times and in such amounts "a
the Board OF Directors may direct. Any stock
hoider neRectlng or refusing t. meet aud paw the
calls Of lnstallnonts of his stock ordered BY said
Board OF directors. within thirty days from the
Pubhcat1On OF notice of sleh iIstallments being
due and payable, shall forfeit any and all share OF
shares of stock upon which any instalment NAV
b. due in favor OF such alton: and the Board
Of rectors dispose OF such forfeited stock at
pubic or private Sale for the use and benefit of
said corporation.
ARTICLE v.
Anpowers of this corporation shall bs vested in
Board OF Directors, composed OF i've stockbOld-
ers OF TINS corp0iatiOD. Joseph A. Aiken, NJ N
Wood: Henry J. Brinker, Isaac H. Kouns and Fred
President, are hereby declared to have been
chosen and selected as the rst Board of Directnr.
a dr shall hold office until the first day of July,
1870, or until their successors shall have been
elected. On the first tuesday, OF June in the wear
1876 an election for directors shall take place a.
the office or domcile of said CORPORATION under
the observation-disclosures of three com siOners To mo-
appointed by the Board of Directors of which
eecion ten days prior notice shall be given in one of
had In nit, "
orleans and the directors then elected shall serve
until the period herein fixed for the EXPIRATION of
elect and each share of stock shall be entitled tn
one vote, either in person or by proxy. ANY va
whatev shall be filed by election OF the ysa;H
ing directors. Three directors 8. all form ouorum
and said Board OF Directors shall appoint such on.
GERS, clerks or agents as may be deemed necessary
for the business Of this corporation and have fnfl
power to make and establish well as change
anv and all bylaws rules and regulations for The
support and management Of the affairs and bnsi-
moss OF said corporation.
ARTICLE W.
The capital stock of this corporation NAV be in
creased 10 any sum not exceeding one Hundred
thousand dollars; and this act OF incorporation
may be changed, modified or altered or this cor
poration dissolved with the assent of three fourths
ing of the stockholders of said cor6oration con-
ve n iot such purpose after ten days notice OF
~ nars snai, nave been given in two news
papers Pnpilshed IN the city of New Orleans.
dR1ICLk VII.
. rms corporation whenever dissolved either NV
htntatlon OF its charter or from any other causS,
whatever, shall be i;qudated BY three comma
sloners, to be appointed by the Board of Directors
VINO shall remain in Office until the final settle.
nent and liquidation of said companys affairs.
ARTICLE VIII
The lanes ofthe stockholders together wit h the.
respective number of shares held by each are for
me present declared to be as signed and set on.
,os'te the respective names of the parties hereto
ARTICLE X
No stakeholder shall ever be held liable mr. ra
ponsibe or the contracts or faults of this cor
'oratlon III any further sum than the unDaid
'a!ance due TO the company on the shares owned
y him.
Thus dore and passed in my office at New
preans, aforesaid, in the presence of George
'enas and Paul A. COBand, witnesses both of this
ity, who hereuntO sign their names with the
arties, and me, the said notary. the day and date
foresaid.
Original gne6
u. J. BR1NKER, twelve shares.
Joseph A. AIKEN, ten 81 ares
+. W. AMES, nine shares;
1EOh6k w. REA nine shares;
u. kOUNS ten shares:
WILLIAM r. SCOVELL nine shares.
Z. w. STINDE, twelve shares
P. A. CONAED,
GEORGE CENAS