New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-11-02
CORPORATIONS.
I ,HAhTEh.......... ........'...C HARD
STATE OF LOUISIANA-PARISH OF ORLRrj
CITY OF NEW ORLEANS.

Be IT known, that on this twentieth day NJ
toser, In the year one Thousand eight hundrs
seventy five, before me-, John Bendernaeel !
tary public in and for the parish of Orleans
aforesaid, and in the presence of the witrj
hereinafter named and undersigned, peru
hereunto subscr bed, who declared that. ar2
themselves Of the provisions of the genera
OF this State relative to the Organization nj
porati0ns they have formed and organized anil
these presents do form themselves into and NJ
tute 2 corporation for the objects and purposs|
under the regulations stipulations aud 06leJ
following, to wit:
ARTICLE /.
The name and title of said corporation ,hi
TRANSPORTATION COMPANY, and it's dc,l
shall be in the city of New Orleans, State Of \
lana; It shall exist and enjov succession frosI
after the first dav of December OF the present !,
until the first day of December of the ven
thousand eight hundred and seventy seven
shall have power to sue and be sued, and IA
tract in its corporate name; to name and an
such managers, directors and officers as it
ness may require; to make, have and use q ca
ate seal; and to make and establiah such b.
for the proper management aud regulation N
affairs OF sal d corporation as may bo deemed
essary; all citations, notices or other legal On
wherein the said company may be interested
De e rived upon the president of said compaI
in his absence upon the vice president,
ARTICLE II.
The objects and purposes for which said con
ton is established and the nature Of the buf
to be carried on by 1t are hereby declared d
procure and MAINTAIN sufficient number Of
able steamboats, or other vessels for the con
se Of @ %
ton connected with or appertsining to ths
ming, chartering and maint shining OF one OF,
lines of steamboats, from and between Nev
leans and all points on the Mississippi riva|
its tributaries and more especially on Oux
river. so as to grant and afford better facilt1
the Inhabitants Of such sections to transport
freight and products to and from New on
and to create and continue q freight express
ARTICLE III.
clared to be ten thousand dollars, divided
and represented by two h inbred shares Of th
of fifty dollars each; five per cent of each
shall be payable in cash on demand. and N
mainder Of each share shall be paid at such q
and in such amounts as the Board Of Dru
may direct. Any stakeholder negecting
fusing to pay the installments of his STOCK
and as called for by the Board of Directors,
thirty days from the publication of notice n
the same, shall forfeit any and all share or \
of stock upon which any inslallment may
in favor Of eaid corporation, and the Boz
Directors may dispose OF such forfeited st
public or private sale for the use and bend
this corporation.
ARTICLE ".
All the corporate powers of this compaur
be veAted in and exercised by Board Of DID
composed OF seven stockholders thereof-h
ick A. Blanks, Gus Hodge, William Weu,a
ward COnery, ST., John Janney, John W.
and John De Hart, with the said Fredsn,
Blanks as president are hereby declared 70
first Board of D r-ctors, aud shall mold ofha
the first Of December. 1876, or until their u
sore shall have been elected. On the second
day Of November. 1876. an election for din,
shall take place at the office or domicile
corporation, under the superint Evidence Of
commissioners to be appointed by the Board
rectors, Of which election ten days preva1
tice shall be given IN one of the daily news
published in the city OF New Orleans, and
rectors then elected shall serve until the
herein fixed for the expiration of this chya
majority Of votes shall elect, and each shi
stock shall be entitled to one vote either
sen or by proxy. Any vacancy occurring !,
board from any cause whatever, shall be dl
election BY the remaining directors Three
tors shall form a quorum for the transaet
business, and said Board of Directors shall ~
such officers, clerks, or agents as may be u
necessary for the business OF this corporate
have full power to make and establish as VI
change any and all bylaws, rules and resli
for the support and management of the D1
and affairs Of said company.
ARTICLE v.
The capital stock of this corporation MAJ
creased TO any sum not exceeding one hl
Thousand dollars, and this act of rporstiE
be changed modified or altered. or this corpa
dissolved with the assent of three-fourtM
capital stock thereof, at any general meei1
the stockholders Of said corporation convea]
such purpose, after ten days notice of such
ing shall have been given In two newspapea
lished in New Orleans.
ARTICLE vi.
This corporation, whenever dissolved ei
limitation or other cause, shall be liquldN
three commissioners, to be appointed BY The
of Directors, who shall remain in office ul
final settlement and liquidation Of Its a1ain
ARTICLE VII
No stakeholder shall ever be held labs
porat!on in any further sum than the unpz
ance due to the company on the shares on
him.
ARTICLE VII.
The names Of the stockholders are,
present, debated to he as signed below.
Thus done and passed in nv office at
leans aforesaid, in the presence of Edward
and Martin L. Ainsw0rth, competent via
residing in this city, who hereunto subscns
names, with the parties and me, notary
day and date set forth in the caption hereof
Original signed:
49, j. W. BLANKS, JOHN JANNBi
JOHN BE HART, GUS. HODGE
G. H. ARTHUR, N. A. BLANKs
EDWARD COSERY, per ED. CoNBRI
EDWARD SMITH, NJ. L. AINSw0
J. BRNDERNAGEL, Notary
STATE OF LOIS