The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-09
CHARTER.

CHARTER.
such bylaws for the proper management an ~
regulation of its affairs as may 70 Incidental
e;dhts and nowers as may be conferred upon ~
hy the general or special laws OF this o'a'e'
tine United States, or any Thereon.
ARTICLE II.
r-.;s cornoration chooses the city OF New VI
,asns in the parish of Orleans, as the pace u
Sa,,;o;e and designates its President, OF III nis
~ a,,ce the Vice President, as the offcer on
nhom cit alton or other legal process, OF no'ice
may be served. .pr1rIETu
The object and purpose of this Corpora sd o5
| and the nature OF the business w - oana suoar
tb5r on the julius Robert Diffusion Irocess
| fron, Cane to be bought, or raised on tne ooa
aann,s own or rented lands, it being uhoerst9ou
that this Corporation may also iai11 5roducts "a
vate sneh corn and other mcldental ps,,ot;o, Of
nav he reonired to facilitate the proauf.lon "
nans and further to construct or cause 70 W oon-
strncted and applied the machinery ana appar sr
tus necessary to the manufacture u o"no '"o"-
as above. .nr,c1r1v
Sec 1. All the corporate po%ers: VI sI sbs1 he
many shall be vested in and It's business sna ~
managed by a Board of Directors consisting ~ =,
nine go members. each h 81 M "wu name or the
i name Of the firm OF which he Is a menipeI, NV oe
less than five shares Of the capital STOCK OF tne
Company; provided, that no two or more Me aId
bers of the same firm shall az tfe saae III &C Tn,
seats on the board, except as regards the ~: Ju-
Inns Robert Diffusion Process Company, Whicn,
on account OF special concession mace W Inle
Company, shall be entitled to two represents "
tves to be chosen by them from theI u1a,u "
directors and who shall ex-ofhcio be members ol
our board. nv
SEC. 2. Said directors, excepting the two ex .
oficio directors allotted to the julius hopert
Diffusion Process Company shall be eeG Yea an IN
the first Monday of April, 1876. Such election
shall he by ballot, at the Office OF the Company,
and conducted by two commissioners, VINO snaii
preside over the same and make proper re'oine
of the counting of the ballots.
SEC r Said commissioners of election shall pc
elected bv the board from among the stockholdee
ers al least ten Q0) days previous TO me cay ol
election, and should either OF them { aeclne Or
fail to attend in time the President OF the boaru,
| Or If he be not present at the opening OF the
noll any other officer OF the Company may sup
Div the vacancy by appointment.
! SEC, 4, The Board OF Directors shall cause pun
liz notice. of each election to be given by the Sec
retarv. at least two weeks in advance, BY publ
cation in one newspaper issued daily III tnls Guy.
SEC. 5. A failure to elect the directors on the
day named for that purpose, shall not aisso.ve
the corporation put tae aecsors s 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, on
giving notice thereof as above PROVIDED. a. ~
SEC G. The directors elected shall take tnelr
,eats on the Monday next following the election.
When majority of the board are duly elected, 1t
aha not be necessary to hold further elections to
fill up the vacancies bqt saia vacancy snan oe
: SEC T. When director absents himself, IL
will be in the power of the board to appoint tenn,
porarily in his absence another stakeholder to I'LL
his place; provided, such substitute, mas tne
Sec s. Five members shall constitute
, quorum.
At all elections, and on all questions submitted
to general meeting of stockholders, each stock
holder shall be entitled to as many votes as he
, NAV have shares, and may cast such votes either
in person or by proxy; provlded, that no mol
yidual, firm or corporation shall be entitled tc
more than two hundred votes.
A plurality of votes shall be sufficient to cleo
! and decide all questions, except when otherwise
G required by law or by this charter
e ARTICLE vi.
Il SEC. 1 The officers Of this company shall con
s sist of President, Vice President, Secrt tar,
Il and a Treasurer, each OF whom shall be choseI
8 from among the Directors for the time beng
Y Their duties shsl be such appertains to thu
!. nature of their Office or may be defined In tn
s bylaws. :.
II SEC. 2. They shall be elected in the order il
d which they are above enumerated by the Direc
tors, at their first meeting after each genera
election.
SEC. 3. The Board of Directors may appoin
such clerks, assistants or employees rs may o.
Al deemed necessary for the purposes OF the com
3 panv and remove same at pleasure. and shall
J. fix the salary and compensation OF all officers an'
At employers of the company, and the amount O
N bond to be required Of any officer, employee o
r. SEC. 4 The Board may also delegate sucl
N power in the transaction of the ordinary bushes
70 Of the company as they may deem exped'ent t
1T committees of their own body or to officers o
,r EMPLOYEES or agents. in or out OF the State.
SEC. s. The Board shall have authority t
le enact bylaw and to adopt corporate seal TO
v the company.
b, SEC. 1. The following named stockholders sha
id compose and are hereby constituted the tirs
ct Board of Directors and officers Of this compan
until the first regular election, provided for
Article ", to wit:
ITHOS. TASKER. ....Vlce PresldeI
r JANiN. NEUTRALITY-SUSPICIOUS.. .secretar
G. G. JOHNSON,
il. W. LABOUu,SE,
II. SCHULTZ, directors at Large
A. MITCHELL.
NJ s. BRINGIER, -.
SEC. 2. They shall be called together by th
President and shall proceed to organize With
one week from the date OF this act, and said 1rs
Board shall have and exercise all the power
herein vested in the Board of Directors and of
GERS Of this company.
ARTICLE VIII.
If SEC 1. The Capital Stock of this company
W. hereby fixed at ONE HUNDRED THOUSAN
wv wv DOLLARS (sIOO, 0O0), represented by one thol
NV sand shares of ONE HUNDRED DOLLAR
in (s100) each.
ID By previous agreement between the partie
~ five hundred (5O0) shares are hereby assigned
the sJulius Robert Diffusion Process Company
and are considered as full paid stock.
The other five hundred (5OO) shares are n
no tanned as property of the Company and ope
r.. to Subscription, at such time as the. Board {
Nv Directors may by resolution determ ne, the fu
= amount of each share to be paid for in cash upo
or subscribing therefor.
ia SEC. 2. No certificate Of stock shall be issue
until the same is paid in full.
ARTICLE TX.
Books for the registry and transfer of stot
= shall be kept at the Office Of the Company, SUI
! ject to the by laws. All transfers OF stock sha
be made on the said books and signed by IL
~ transIerror or his attorney in fact, which bool
~ Diraof aa