New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-10-26
CORPORATIONS.
{ HARTER..............'.'.....'cHARTE
STATE OF LOUISIANA-PARISH OF O1LIANS
CITY OF NEW ORLEANS.

( QUARTER ACKNOWLEDGEMENT CHARTER
STATE OF LOUISIANA-PARISH OF O1LIANS
CITY OF NEW ORLEANS
Be it known that on this twentieth day of e,
tOber, in the year one thousand eight hundred anu
seventy FIVE, before me. John Bendernagel.
tary public in and for the parish of Orleans, State
aforesaid, and in the presence of the witnesses
hereinafter named and undersigned personally
hereunto subscribed, who declared that, svailing
themselves Of the provisions OF the general laws
sas state . reatvs 10 the OF cor
these presents do form themselves into and csnsti-
tuts corporation for the objects and purposes and
under the regulations, stipulatons and Obligations
following, to wit:
ARTICLE I.
The name and title of said corporation shall bs
the NEW oRLEAN. AND 0uACHITA RIVER
shall be in the city of New Orleans State of Louis.
lana II shaR exist and enjoy succession from and
nnt tS s r. day OF e me year
thousand eight hundred and seventy seven, and
shall have power to sue and be sued and to con-
such managers directors and officers as it's bust.
meas may REQUIRE; to make, have and use cOrpOr.
ate seal and to make and estabah such bylaws
for the proper management and regulation of the
affairs OF sai d corporation as may be deemed nee
essary all citations, notices or other legal process
Wherein the said company may be interested. shall
be served upon the president of said company or
in his absence upon the vice president
ARTICLE II.
The OF iects and purposes for which said pora
ton Ia established and the nature of the business
to be carried on by 1t hereby declared to be to
procure and maintain a sufficient number of suit
able steamboats, or other vessels for the convey.
and the transaction Of all business for compensa.
ton connected with or appertaining to the run
ming chartering and maint aiming of one or more
lines of steamboats, from and between New Or
leans and all points tine Mississippi river and
it's tributaries. and more especially on 0uachits
river. as to grant aud afford better facilities to
Inhabitants OF such sections TRANSPORT their
freight and products to and from New Oreans
and to create and continue fres 1t express.
ARTICLR III.
The capital stock of said company is hereby de-
cared to be ten thousand dollars, divided into
and represented by two hundred shares of the sum
of fifty dollars each; Ave per cent of each share
shall be payable in cash on demand and the re-
and in such amounts as the Board of Drecto 8
may direct. Any stakeholder neglecting re.
fuslng to pay the installments of his stock. when
and as called for by the Board of Directors within
thirty days from the publication OF notice to pay
of stock upon which any instalm may be due
in favor of said corporation, and the Board of
Directors may dispose OF such forfeited stock at
public or private sale for the use aud benefit of
this corporation.
All the corporate powers of this company shall
be vested in and exercised by Board OF Directors
composed of seven stockholder. thereof-Fredar.
lex A. Blanks Gus go, William Wenze Ed
ward Conery, ST., John Janney, John W. Blanks
and John De Hart, with the said Frederick A.
Blanks as president are hereby declared TO be the
frat Board OF rsctors, and shall hold office until
the first Of December. 1876, or until their success
sors shall have been elected. On the second Mon.
day of November 1876, an election for directors
shall take place at the office or domice of said
corporation, under the superint .ndence OF three
commissioners TO be appointed by the Board of Di
rectors, OF which election ten days previous no.
tice shall be given IN one Of the daily newspapers
rectors then elected shall serve until the period
herein fixed for the expiration of this charter.
majority of votes shall elect, and each share of
stock shall be entitled to vote, either in per-
son or by proxy. Any vacancy occurring in said
election by the remaining directors Three direc.
tors shall form q quorum for the transact ton OF
business and said Board of Directors shall appoint
suck officers, clerks or agents as may be deemed
necessary for the business OF this corporation and
have full power to make aud establish as we'll as
change any and all bylaws, rules and reg ulations
for the support and mana ement of the business
and affairs OF said company.
ARTICLE v.
The capital stock of this corporation may be in.
creased to any sum not exceeding one hundred
be changed; modified altered, or ths corporation
dissolved with the assent of three-fourths OF the
capital stock thereof, at any general meeting of
the stockholders of said corporation convened for
such purpose, after ten days notice of such meet
ing shall have been given In two newspapers pub.
lished In New Orleans.
ARTICLE VI.
This corporation, whenever dissolved either by
lim alton or other cause, shall be liqudatsd by
three commissioners, to be appointed BY the Board
of Directors, who shall remain iu Office until the
final settlement and Lilo uidation Of its affairs
ARTICLRvII.
No stakeholder shall ever be held liable re-
spOnslble for the contracts or faults of this cor
poration in any further sum than No unpaid bal.
snce due to the company on the shares owned by
him.
ARTICLE VII.
The names of the stockholders are, for the
present, debated to be MS signed below.
Thus done and passed in nv office at New Or
leans aforesaid, in the presence OF Edward Smith
and Martin L. Ainsworth, competent witnesses.
residing in this city, who hereunto subscribe their
names, with the parties and me notary on the
Original signed
. J. W. BLANKS, JOHN JANNEY,
JOHN be HART GUS. HODGE
E EDW s o,9iEMEHRY, per Ed; o3SER sG.ur
J. BENDERNAGEL, Notary Public.
STATE OF LorisIANA,l
Parish of Orleans. :
in and fol the city and parish of Orleans, State Of
Louisiana do hereby certify that the above and
foregoing act of incorporation of the New Orl ans
and Ouachita River Transportation Company, has
been this day duly recorded in my office, accord.
ing to law, in book No. lls, folios 695 ct seq
New Orleans 0ctooer 20. 1875.
J. NJ CONWAY, Deputy Recorder.
STATE OF LOUISIANA
Parish Of Orleans. J
certify the foregoing to be true and correct
copy OF the original act of Incorporation of the
New Orleans and 0uachit8 River Transported ion
Company on file and of record in my oifi.e.
In faith whereof hereunte set nv hand and seal
this twenty first October. A. D. 1875.
J. BRNDRRNAGEL Notary Public,
oc26 nO2 l6 No. 1871 Common street.