New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-04-27
CORPORATIONS.
QUARTER
STATE OF LOUISIANA, PARISH AND CITY op
NEW ORLEANS

1
| NEW ORLEANS
| Be it known that this twenty frat dav y,
April, in the year of our Lord one Thousand s;h.
| hundred and seventv-fve, and of the inden.nS
| dence of the United States of America the ninDt
ninth, before me, Andrew Hero Jr. notary nnbI,o
IN and Ter the parish and city of New Orleans
state OF Louisiana, duly commissioned and ona;.
fed. and il presence of the witnesses hereina f.
named and undersigned, personally came and an.
peared the sey4r raj persons whose names are here
unto subscribed, who declared that, ayaiIinn
themselves of the provisions OF the laws of this
State relative TO the organization Of cOrnoraton
for works of public improvement and utiiitv tba
have covenanted and agreed, and do BY thesss
presents covenant and agree and bind them yes
associated with them, to form and constitute
corporate and body petite in law for the Obiec.s
articles following, to witt GAM
ARTICLEL
The name and title of said corporation shall ha
THE NEW ORLEANS AND RED RIVER TRANS
PORTATION COMPANY, and by that name shall
have power and authority to enjoy succe ssion and
from and after the day and date hereof ana
terminating on the first day Of July in the year Of
our Lord one thousand eight hundred and seventy.
seven; to contract, sue and be sued: to make usa
and have corporate SEAL to name and appoint
such managers, directors and officers as its busi
ness may require; and to make aud establish sucb
Dy laws lOr the proper management and repula-
tion OF the affairs OF said corporation as may be
deemed necessary.
ARTICLE ii.
The domicile of said cor Grafton shall be in tho
tons and other legal process shall be served on
the president OF the Board of Directors OF said
corporation.
ARTICLE ILL.,
The objects and purposes for which said cor.
pOTatlon IL established, ana the nature of the
business to be carried CD by it, are to procure and
maintain a good and sufficient number OF steam
boats or other vessels for the transportation for
compensation OF passengers, freights, the mails
etc and the transaction Of all business connected
with the running, charteling and maintaining of
one or more lines Of steamboats, from the city of
New Orleans to all points on the Mississippi river
and its tributaries, and more especially on Red
river SO as to afford and grant better tactiesto
the Inhabitants of such sections to forward and
convey freight and all products to and fl ON New
Orleans, and to create and continue a freight tx.
press.
The capital stock of said corporation is be1eby
declared to be ten thousand dollars. represented
each; live per cent of each share shall be payable
in cash on demand, and the remainder of zach share
shall be paid at such times and in such amountsas
the Board OF Directors may direct Any stock.
holder neg lecting or refusing t. meet and pay tho
calls of lnstaliments of his stock ordered by said
Board of directors, within thirty DAYS from The
publication OF notice of such installments being
due and payable, shall forfeit any aud all share OF
shares of stock upon which any installment may
b. due in favor OF such corporations and the Board
Of rectors may dispose OF such forfeited stock at
public or private sale for the use and benefit Of
SAID corporation.
ARTICLE v.
All powers of this corporation shall be vested in
a Board of Directors. composed OF five stOckh0ld-
ers OF this corporation. Joseph A. Aiken, NJ. N.
Wood. Henry J. Brinker Isaac H KOuns and Fred
rr,ek w; Ames with the said Joseph A. Aiken as
chosen and selected the first Board of Directors
and and shall hold office until the first day Of July,
elected. On the first uesday OF JULY in the year
1876 an election for directors shall take place at
the office or domicile OF said corporation, under
The superintendence of three commissioners to DO
appointed by the Board of Directors, Of which
election ten days prior notice shall be given in oneo
me daily newspapers published in the city Of New .
orleans and the directors then elected shall serve
until the period herein fixed for the expiration Of
ms corporation. ajority of votes cast shall
siect, ana each share Of stock shall be entitled TO
'he vote, either In person Or by proxy. AnyvS
'ancy occurring in said board from any cause
whatever shall be filled by election OF the remain
ng directors. Three directors q. all form quorum,
md said Board OF Directors shall appoint such off,
.ers clerks or agents ma, be deemed necessary
or the business OF this corporation, aud have foil
'oWer to make and establish, as well as change
INV ana all by laws, rules and regulations for the
Import and management OF the affairs and bust
less OF said corporation
ARTICLE VI
The capital stock of this corporation may be in,
creased TO any sum not exceeding one hundred
bousand dollars; and this act of incorporation
nay De changed modified ats red. or this cor
tratlon dissolved with the assent of threefourhs
u INC Capl1al STOCK thereof. at any general meet
ng OF he stockholders of said corporation con.
ened LOT such purpore, after ten days notice OF
UGH meeting shall have been given in two news
apers published in the city of New Orleans.
ARTICLE VII.
rms corporation whenever dissolved either BY
imitation of its charter or from any other cause
'mateser, shall be liqnidated by three comms
lSnere 10 DO appointed by the Board of Directors
mo shall remaii in office uctil the final settle
lent and liquidation OF said company affairs
ARTICLE VIII
me names Ofthe stockholders, together with tho
1spective humber of shares held by each are, fof
ne present, declared to be as signed and set 0p'
osi'e the respective names of the parties heIeo'
ARTICLE TX
NO stockholder shall ever be held liable or To
pohsioie ior the contracts or faults of this cor
o,at'on III any further sum than the uDpae
siance due to the company on the shares owned
y him.
Thus dore and passed in nv office at New
reahs, aforesaid, in the presence of George
mas = ana Pau A. Conand witnesses. both Of IN.
Oresaid. z
Original gned:
H. J. BRINkER. twelve shsres
JOSEPH a. AIKEN. ten shares;
FW AMtS, nine shares;
GEORGE W. REA nine shares
II. KOTVS ten shares;
WILLIAM r. SCOVELL nine shares
Z. w. STiNDk, twelve shares
p. A. ONAND,
GEORGE CESAS. '
ANDREW HERO, JK, Notary Pubic
l. tne undersigned deputy recorder Of mortgages {
and for the parish or or cans State OF Louisiana,
, hereby certify that the within and foregoing L
u or 1DcOi pOratiGn WAS this day duly rec0IGea Z
thls Office according to law, i'll book No. No. L
no 586 ct seq.
New Orleans, April %, 1875.
G. DARCANTBI,
Deputy Recorder. L
true copy of the original on file and Of Iecorf
my Office.
New Orleans, Louisiana April 49, 1875
ANDREW HERO Jk., Notary Public.
ap24 my1 B Is ~