The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-30
CHARTER.
STATE OF LOUISIANA,

L "a STATE OF LOUISIANA,
tPAR1sH OF ORLEANS, CITY OF New ORLEANS I
BE IT KNOWN, that. on this Eighteenth da,
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 O
Before me, JOHN g. EUsT1S, . Notary Pub
lic in and for this City and Parieh Of Orleans
State Of Louisiana, duly commissioner md q1ere
lied. and in the presence Of the Witnesses
Personally came and appeared ~ ssctInc TO,
whose names are hereunto subscriDeeGn resenf a.
themselves and those whom they - :, 90 :.
corporators, and for such Other srccaS.;c,, NM.
become associated with then ; y Who severr.iiv
Sacis.ed thst .y.;lins themselves Of the pro-
aeGareo INA 1ns s ~ Be- State Of Louisiana re-
lative to the orgsnisaon VI oSi Polat h nOl
rosas thav have covenanted and agreed, and do
| f. ~. W.. yresents covenant and agree to form
tIanoseives into and constitute . corporation
under the following articles, which they adopt as
their ch'f'er: .pr1c1r1
the name Of this corporation shall be the
FIRST CENTRAL DIFFUSION SUGAR MAN
JUFACTURING COMPANY, and by tn at name il
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.
Fourth. To hid, receive, purchase, and con-
vey property, real and personal. tt
Fifth. To name and appoint such managers,
directors and officers as its interest and con-
Sixth. To establish, make, alter, or amend
such bylaws for the proper management and
regulation Of it's affairs as may be necessary OF
expedient; and to exercise such other Incidental
BY the general special laws of this state, or OF
the United States, or any thereof. -2Y
| ssfg ARTICLE III. 1
This corporation chooses the city Of Now Or
leans in the parish Of Orleans, the place OF itA
domicile and designates its President, or in his
| abAence, the Vice President 81 the officer on
whom citation or other legal process, or notice
| may be served.
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
vste 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 appsra-
| tus necessary to the manufacture Of cane sugar
- above.
| ARTICLE ~.
Sec. 1. All the corporate powers Of the Com
pany shall be vested in and its business shall be
| managed by 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 men,
| bers Of the same firm shal at the same time hold
seats on the board except as regards the Ju-
Illus Robert Diffusion Process Company" which,
on account Of special concession made to this
Company, shall be entitled to tyo representa-
tives to be chosen by them from their board OF
directors and who shall ex-oficio be members OF
our board.
SEC. 2. Said directors, excepting the two ex-
oficio directors allotted to the julius Robert
Diffusion Process Company, shall be elected an
nuslly. 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. 8. Said commissioners Of election shall be
elected by the board from among the stockhold-
ers at least ten (10) 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 it 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, atleast two weeks in advance, by publ
cation in one newspaper issued daily in this CITY,
SEQ s. 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 dutynf the President forthwith to
order an election e take place s snereaf'er on
SEC. 6. The directors elected shall take their
seats on the Monday next following the election
When majority 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 a director absents himself, it
will be in the power of the board to appoint tenn
pOrarily in his absence another stakeholder to fill
his place; provided, such substitute thss the
qualifications required At director.
SEC. 8. 1--we meAbers 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
may have Shares and may cast such votes either
in person or by proxy; provide d, that no indi-
yiduaI, firm or corporation ehau 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 W.
SEC. 1 The officers of this company shall con-
sist of President, Vice President, a Secretary
and Treasurer, each of whom shall be chosen
from among the Directors for the time be ng.
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. 3. The Board Of Directors may appoint
such clerks, assistants or employees as may be
deemed necessary for the purposes OF the COM
psny, 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. 4 The Board may also delegate such
power in the transaction Of the ordinary business
Of the company as they may deem expedient 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. I. 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 w. to wit