New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-05-02
CORPORATIONS.
STATE OF LOUISIANA, PARISH AND CITY OF
NEW ORLEANS
CHARTER.

STATE OF LOUISIANA, PARISH AND CITY OF
NEW ORLEANS.
| Be it known that this twenty.first day of
hundred and seventy-fve, and of the indsnen
dence OF the United States of America the ninety
n,n sna oe e me- andrew Hero Jr not public
State OF Louisiana. duly commissioned and Ouali-
fled, and IL presence of the witnesses here natter
named and undersigned, personally came and an
unto subscribed, who declared that, avaiiing
| themselves of the provisions of the laws of this
State relative to the organization of corporations
| for works of public improvement and utility, they
have covenanted and agreed, aud do by these
presents covenant and agree and bind then sal as
as well as such persons as may hereafter become
| associated with them to form and constitute q
and purposes and under the stipulations and
| articles following, to wit:
| ARTICLE l.
The name and title of said corporation shall be
THE NEW ORLEANS AND RED RIVER TRANS
| PORTATION COMPANY and by that name shall
have power and authority to enjoy succession and
exist for the full term and period commencing
| from and after the day and 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 be sued to make
and have corporate SEAL to name and appoint
such managers, directors and officers rs its busi-
ness may require; and to make aud establish such
bylaws for the proper management and reguar
ton OF the atfars of said corporation as may Do
deemed necessary.
ARTICLE II.
The dOmicile of said corporation shall be in the
city OF New Orleans, State of Louisiana and cita-
tons and other legal process shall be served on
the president of the Board of Directors OF said
corporation.
ARTICLE iii.
The objects and purposes for which said
business to be carried on by it, to procure and
maintain good and sufficient number of steam
boats other vessels for the transportation, for
compensation, fraiu he m.alln
etc and the transaction of all business connected
with the running. chartering and maintaining Of
one or more Hnes of steam boats from the CITY of
New Orleans to all points on the Mississippi river
and its tributaries. and more especially on Red
the inhabitants of such sections to forward and
convey freight and all products to aud from New
Orleans and to create aud continue freight ex-
press.
The capital stock Of said corporation is hereby
declared to be ten thousand dellars, represented
by two hundred shares OF the sum Of fifty dollars
each; five per cent of each share shall be payable
in cash on demand and the remainder of each share
shall be paid at such times and in such amounts
the Board of Directors may direct. ANY stock
holder neRlecting or refusing tt meet AID pay tho
calls of nstallments Of his stock, ordered by said
Board of directors, within thirty days from the
publication OF notice of such instaments being
due and payable shall forfeit any and all share or
shares of stock upon which any installment NAV
b- due in favor Of such corporation; and the Board
OF rectors may dispose Of such forfeited stock at
public or private sale for the use and benefit Of
said corporation.
ARTICLE v.
All powers of this corporation shall bs vested in
Board of Directors. composed Of five stOckhOld-
s Tss Of this corporation Joseph A. Aiken, M N
erick W. Ames. with the said Joseph A. Aiken as
President, are hereby declared to have been
and shall hold office until the first day of July
1876, or until their Successors snail have been
ELECTED ,ae On the first tuesday OF June in the year
the office dOmicie OF said corporation under
the superintendence of three com missioners to be
appointed by the Board of Directors, of which
election ten days prior notice shall be given in Of
the daily newspapers published in the city of New
until the period herein fixed for the expiration of
elect and each share Of stock shall Be emitted to
cancy Occurring in said board f from any Cause
whatever shall be filled by election OF the remain
ana said Board of Directors shall appoint such Off
GERS. clerks OF agents as may be deemed necessary
power to make and establish, as we'll as change
any and all by laws, rules and regulations for ths
support and management of the affairs and bust
moss of said corporation.
ARTICLE VI.
The capital stock of this corporation may be in
creased TO any sum not exceeding one hundred
thousand dollars; and this act OF incorporation
may be changed modified or altered, or this cor
of the capital stock thereof at any general meet
ing of tbs stockholders of said corporation CON
such meeting shall have been given in two news
papers published in the city of New Orleans.
ARTICLE VII.
This corporation whenever dissolved either by
limitation of its charter or from any other cause
whatever, shall be Iiquidated by three commits
siOners to be appointed by the Board of Directors,
who shall remain in office until the final sette-
ment and liquidation of said company's affairs
ARTICLE VIII
The names of the stockholders together with the
lyu1 fSha halI hr ant, frp
tie present. declared to be as signed and set op.
posite the respective names of the parties hereto.
ARTICLE TX.
No stakeholder shall ever be held liable or re-
sponsible Ior the contracts or faults OF this cor
poratIOn in any further than the unpaid
balance due to the company on the shares owned
by him.
Thus done and passed in my office at New
Orleans, aforesaid, in the presence of George
Cenas and Paul a. Conand, witnesses both Of this
parties and me, the said notary. the day and date
aforesaid.
Original signed
II. j. BRINKER. twelve shares;
JOSEPH A. AIKEN, ten shares;
F. W. AMES nine shares;
GEORGE W. REA, nine shares;
II. kOUHS: ten shares;
WILLIAM T. SCOvELL. nine shares.
z. w STINDE twelve shares.
GEORGE CENAS
ANDREW HERO. JR., Notary Public
1.-the undersigned, deputy recorder of mortgages
in and for the parish or Orleans State of louisiana
do hereby certify that the within and foregoing
act of incorporation this day duly recorded
in this Office, according to law, in book No. 1l8,
oho 586 ct seq.
New Orleans, April %, 1875.
c. DARCANTEL.
Deputy Recorder.
true copy of the original on file and of record
in my office.
New Orleans Louisiana April 3d. 1875
ANDREW HERO, JR, Notary Public.
ana my1 q Il ~