The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-29
CHARTER.
STATE OF LOUISIANA,

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t5 STATE OF LOUISIANA, /
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 Loro'
one thousand eight hundred and seyenty-nve:
aud of the Independence OF the United oiates VI
America the ninety ninth,
Before me, JOHN G. EUSTIS, . Notary PUB
lie, in and for this City and Parish OF Oriean:'
State Of Louisiana, duly commissioned ana quar-
fed, and in the presence OF the witnesses mere
matter named and undersigned,
Personally came and appeared the Parties
whose names are hereunto subscribed, acting ior
themselves and those whom they represent, Us
corporators and for such other persons as May
become associated with them by succession, pIl-
chase. transfer, or subscription, who severaly
declared, that availing themselves OF !he pIo-
Visions Of the laws Of the State OF Louisiana, re-
lative to the organization OF Corporauons lo1
works Of public Improvements anu ~. md 10
by these presents covenant and agree TO form
tHemselvea into and constitute q corporation
under the following articles, which they ADOPT as
'ne'r Guar 'e' ARTICLE I.
| Tho mama of this corporation shall be the
FIRST CENTRAL DIFFUSION SUGAR MAN
1TFACTHRINC COMPANY, and by that name it
shalI have power and authority
| First, To have and enjoy succession 1or the
l period of twenty-five years.
Second. To contract, sue and be sued.
Third. To make and use corporate seal;
J Fourth. To hold, receive, purchase, ana con-
vey property, real ard personal.
Fifth. To name and appoint sucn managers
directors and officers az It's interest," "no eon
venience may require.
| sixth, To establish, make, alter, or amend
| such bylaws for the proper management ana
regulation of it's affairs as may De necessary OF
expedient: and to exercise such other incidental
riphte and powers as may be conferred upon II
by the general or special laws of this State, OF OF
| the United States, or any thereon.
' ARTICLE II.
This corporation chooses the city OF New Or
leans, in the parish OF Orleans asthe place OF its
domicile, and designates its President, OF "a nus
ab.ence. the Vice President, as the officer on
whom citation or other legal process, or notice
may be served. ,r
The object and purpose of this Corporation,
and the nature of the business to De carried on
by it, shall be the manufacturing OF cane sasal
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 ana cuiti-
vate such corn and other incidental pfooucts ~
NAV be required to facilitate the production OF
cane. and further to construct or cause to be con-
structed and applied the machinery and appsra'
tns necessary to the manufacture Of cane sugar
a. above.
ARTICLE Nv.
SEC. 1. All the corporate powers OF the Com
psny shall be vested in and it's business snan o.
nine 10y members, each Of whom must be
stockhoider. holding in his own name or the
name Of the firm Of which he is q member, no
less than five shares Of the capital stock OF tht
COMPANY: provided, that no two or more mem
hers of the same firm ehall at the same time holt
seats on the board, except as regards the "Ju
Illus Robert Diffusion Process Company" which
on account Of special concession made 10 tnl
L sk1Hl k,t VnvHPn
tiyes. to be chosen by them from their board Q
directors and who shall ex.ofiicio be members Q
SEC. .. Said directors, excepting the two ez
officio directors allotted to the julius hooer
Diffusion Process Company, shall be elected an
nualiy. The first regular election to be held Of
the 6rst Monday of April, 1876. Such election
shall be by ballot, at the Office OF the Company
and conducted by two commissioners, VINO shal
preside over the same sna MAKE proper
Sec 8. Said commissioners OF election snail Q
y elected by the board from among the stocknoio
L ers at least ten 10y days previous to the Gay
election, and should either OF them decline
fail to attend in time the President OF the Boare
or il he be not present at the opening OF To
= poll, any other officer Of the Company may SUI
= ply the vacancy by appointment
,. SEC. T. The Board OF Directors shall cause put
lie notice Of each election to De given Dy tne oeS
rotary, at least two weeks in advance, BY publ
cation in one newspaper issued daily IN this Cit
SEC. s. A failure to elect the directors on th
- day named for that purpose. shall not dlssoiv
: the corporation, but the directors tnen IN olae
shall hold over until their successors are eiecte
{ and qualified and when such failure shall occu
II shall be the duty of the President forthwith
order an election to take place thereafter. Q
= giving notice thereof as above provided.
SEC. 6, The directors elected shall! take the
. seats on the Monday next following the election
When majority Of the board are duly elected,
shall not be necessary to hold further elections
an M the vacancies, but said vacancy shall
supplied by election made BY sad majority. o,,
SEC, z. When director absents himself,
will be in the power Of the board TO appoint ter
, porarily in his absence another stock holder to
i his place: provided, such substitute has Il
~ qualifications required for director
SEC, s, FIVE members shall constitute
? quorum. .,o,rr.
Al all elections, and on all questions submit
40 to general meeting OF stockholders, each stoc
holder shall be entitled to - many votes as
= may have shares, ard may cast such votes ei i
A. in person or by proxy; provided, that no I'M
.. yidiIal. firm or corporation shall be entitled
more than two hundred votes. s. -,
y A plurality Of votes shall be sufficient to eit
and decide all questions, except when otherwl
required by law or by this charter.
n. ARTICLE vi.
SEC, / The officers Of this company shall &C
N sist of a President a Vice President, secrets
and Treasurer, each of whom shall be chos
~ from among the Directors for the time beiI
Their duties shall be such as appertains, to 7
d nature of their Office or may be defined In
SEC. .. They shall be elected in the order
"A. which they are above enumerated by the DIR
tors, at their first meeting after each gene
- election.
!, SEC. g. The Board Of Directors may apo
nd such clerks, assistants or employees as may
OF. deemed necessary for the purposes OF the co
pany, and remove same at pleasure, and 81
lir fix the salary and compensation OF all officers
employers of the company, and the amount
Fly bond to be required Of any officer, employee
II agent. ,.,
a. rower in tha tyanzaction Of the ordinary busin
Of the company as they may deem expedient
70 committees Of their own body or to officers
70 employees or agents. in or out Of the State:
SEC. 5. The Board shall have authority
leo enact bylaws and to adopt corporate seal
- the company.
ARTICLE VII.
Sec. 1. The following named stockholders 81
. compose and are hereby constituted the .