The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1875-12-28
CHARTER.

DE II. KNOWN THAT ON THIS THE
- twelfth Of the month Of October. in the year
of our Lord .one thousand eight hundred and
seventy five. before me, james Graham notary
public. duly commissioned and sworn for tho
parish of Orleans, State OF Louisiana. and In the
presence Of the witnesses hereinafter named and
several parties whose numes are hereunto sub
scrbcd. who declared, that availing themselves
Of the provisions Of the laws Of Louisiana, In re-
latiop to the promotion and organization OF
corporations as contained in theReviscd Statutes
Of this State for the year 1870: page 1888, section
GIT. they have covenanted and agreed. and by
these presents do covenant and agree. and bind
themselves, and those whom they represent. to
establish an Incorporated company. Tor the OBJ
lect and purposes and under the obligations,
stipulations and regulations hereinafter set
forth and contained. to wit:
. ARTICLE l.
the .pEMOCRATIC PUBLISHING COMPANY
OF NEW ORLEANS" 1t shall be domicilated
and have its principal Office In the city Of New
Orleans. State Of Louisiana, and shall have and
enjoy corpOrate powers and privileges to the full
term of twenty five years from the date hereof
ARTICLE II.
The objects and purposes of this corporation
shall be the compiling. printing and publishing
book and job printing business and all things
properly pertaining thereto.
ARTICLE iii.
The newspapers complied printed and pub
lislled by this corporation shall be Democratic
In politics.
The objects Of the newspapers compiled,
printed and published by this corporation shall
be to promote the commercial, Industrial social
and political interests Of this State and country
thing calculated to elevate, refine and ennoble
public sentiment and feeling; and to that end
shall. without fear or favor. decry and condemn
all frauds. peculation. corruption and crime
wherever found.
AREICLE V.
The capital stock OF this corporation il hereby
fixed at One Hundred Thousand Dollars, divided
into ten thousand shares Of ten dollars each.
Any given number Of shares not subscribed at
the formation of this corporation may. ut the
discretion Of the managers thereof be divided
into halves of share and disposed Of accord
ingy.
The corporation shall commence business
when six thousand dollars Of its stock shall be
the managers or such person or persons as they
may, designate after the corporation shall be
established.
A full share of stock Of this corporation shall
entitle the holder and owner thereof to one full
vote but stock holder shall be entitled to more
than one vote in his own right. and one vote as
wa - ' ARTICLE VIII.
No stakeholder shall vote ut any meeting OF the
stockholders by proxy or agent, unless such
proxy or agent be a stakeholder in said corpora
ton.
ARTICLE TX.
No stock Of this corporation not subscribed for
before its formation shall be taken or subscribed
for except upon the consent Of a majority Of the
managers given in writing.
ARTICLE K.
No stock Of this corporation shall be sold or
transferred without the written consent o1 three
fourths of the whole number Of managers; and
any party wishing TO sell or transfer his stock
must notify in writing each and every manager
three days before he proposes to sell or transfer
his stock and such notice must contain the full
name of the party to whom the stock holder pro-
poses 70 sen or tfansfer ms stock ais9 nis req
and the price of the same. Should any number
OF the managers exceeding one tourh OF the