The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-29
CHARTER.
STATE OF LOUISIANA,
or ORLEANS. Cry OF NEW ORR

PARISH OF ORLEANS, CRY OF NEW ORLEANS.
BE IT KNOWN, that, on this Eighteenth day
| of the month Of June, in the year OF our Lord,
one thousand eight hundred and seventy five,
and Of the Independence OF the United States OF
America the ninety-ninth,
Before me, JOHN G. EUSTIS, Notary Pub
lie in and for this City and Parish of Orleans,
State Of Louisiana, duly commissioned and quail
fed and in the presence OF the witnesses here
matter named and undersigned,
Personally came and appeared the parties
whose names are hereunto subscribed, acting TO-
themselves and those whom they represent, as
corporators, and for such other persons as may
become associated with them by succession, pur-
chase, transfer, or subscription, who severally
declared that, availing themselves of the pro-
visions of the laws of the State of Louisiana, re-
lative to the organization of Corporations for
works of public improvements and for other pur-
poses, they have covenanted and agreed, and do
by these presents covenant and agree to form
themselves into and cons itute a corporation
under the following articles, which they adopt as
their charter:
ARTICLE
The name of this corporation shall be the
UFAOTURING COMPANY, and by that name it
shall have power and authority
First. To have and enjoy succession for the
period of twenty-five years.
Second. To contract, sue and be sued.
Third. To make and use corporate seal.
vey property, real and personal.
Fifth. To name and appoint such managers
directors and officers as it's interest and Gu
venience may require.
Sixth. To establish, make. alter, amend
such bylaws for the proper management and
regulation of its affairs may be necessary or
expedient; and to exercise such other incidental
rights and powers as may be conferred upon 1t
by the general special laws OF this state, or OF
the United States, or any thereof.
ARTICLE II.
This corporation chooses the city of New Or
leans in the parish Of Orleans, the place OF its
domcile and designates its President, or in his
abe ence, the Vice President, as the officer on
whom citation or other legal process, or notice
'N' - ~ ARTICLE III.
The object and purpose of this Corporation,
and the nature of the business to be carried on
by it, 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 Guilt
vate such corn and other incidental products as
may be required to facilitate the production OF
cane and further to construct or cause to be con-
structed and applied the machinery and appara-
tus necessary to the manufacture OF cane sugar
as above.
Sec 1. All the corporate powers of the Com
pany shall be vested in, andNs business shall be
managed by a Board of Directors consisting of
nine (9) members, each of whom must be a
stakeholder, holding in his own name or the
name of the firm OF which he is member, not
less than five shares of the capital stock of the
Company; provided that no two or more mem
bers of the same firm shall at the same time hold
seats on the board, except as regards the Jul
Illus Robert Diffusion Process Company" which,
on account of special concession made to this
Company, shall be entitled to two representa-
tives, to be chosen by them from their board OF
,bn ohaU fiaIn ha oIarS of
our board.
SEC. 2. Said directors, excepting the two ex-
officio directors allotted to the Julius Robert
Diffusion Process Company, shall be elected an
nually. The first regular election to be held on
the first Monday of April, 1876. Such election
shall be by ballot, at the Office Of the Company,
and conducted by two commissioners, who shall
preside over the same and make proper returns
of the counting Of the ballots.
SEC. 3. Said commissioners OF election shall be
elected by the board from among the stockhold-
ers at least ten Q0) days previous to the day of
election, and should either of them decline or
fail to attend in time, the President OF the Board,
or if he be not present at the opening of the
poll, any other officer OF the Company may sup
ply the vacancy by appointment.
SEC. 4. The Board OF Directors shall cause pub
lie notice of each election to be given by the Sec
rotary, at least two weeks in advance, by publ
cation in one newspaper issued daily in this city.
SEC. 5. A failure to elect the directors on the
day named for that purpose, shall not dissolve
the corporation, but the directors then in Office
shall hold over until their successors are elected
and qualified, and when such failure shall occur,
it shall be the duty Of the President forthwith to
order an election to take place thereafter, en-
giving notice thereof as above provided.
SEC. 6. The directors elected shall take their
seats on the Monday next following the election.
When ma jority of the board are duly elected, it
shall not be necessary to hold further elections to
fill up the vacancies, but said vacancy shall be
supplied by election made by said majority.
SEC. 7. When director absents himself, it
will be in the power of the board to appoint tenn
his place; provided, such substitute has the
qualifications required for director.
SEC. s. Five members shall constitute a
quorum.
At all elections and on all questions submitted
to a general meeting of stockholders, each stock
holder shall be entitled to as many votes as he
may have shares, and may cast such votes either
in person or by proxy; provided that no indi-
vidual, firm corporation shall be entitled to
more than two hundred votes.
A plurality of votes shall be sufficient to elect
and decide all questions, except when otherwise
required by law or by this charter.
ARTICLE VI.
Sec The officers of this company shall con-
sist of President, Vice President, Secre tary
and Treasurer, each of whom shall be chosen
from among the Directors for the time beng.
Their duties shall be such as appertains to the
nature of their Office or may be defined in the
bylaws.
SEC. 2. They shall be elected in the order in
which they are above enumerated by the Direc-
tors, at their first meeting after each general
election.
SEC. g. The Board Of Directors may appoint
such clerks, assistants employees as may be |
deemed necessary for the purposes of the COM
pany, and remove same at pleasure, and shall
fix the salary and compensation of all officers and
employees of the company. and the amount of
bond to be required Of any officer, employee or
agent.
SEC. a. The Board may also delegate such |
power in the transaction of the ordinary business
of the company as they may deem expedent to
committees of their own body or to officers or |
EMPLOYEES or agents, in or out of the State.
SEC 5. The Board shall have authority to |
enact bylaws and to adopt corporate seal for |
the company.
ARTICLE VII.
Sec. l. The following named stockholders shall |
compose and are hereby constituted the first |
Board Of Directors and officers of this company |
until the first regular election, provided for In
Article ", to wit:
U. hRAIL Il lesiucii1