The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-30
cHAxTER.

| IA VI ceyyoO~~-->.@., .,,SSsO>-~oo.o-o~~~-
sh.u !. .ar. ~ ,,e office of the Company, sub.
let - AZ bv. All transfers OF stock shall
made oi his slld Au which books
tha Drecsors may close AZ often as convenience
- eaxntdency may require, and for period not
essding thirty days. No transfer Of less than
oDe full share Of stock shall be permissible. -
No stakeholder in this corporation shall ever
be liable or responsible for the contracts or faults
Of the corporation beyond the amount OF his
stock. ~ s IS -.as
-I ARTICLE II. ht.g e.. $50
It shall be the duty Of the President to call .
general meeting Of the stockholders whenever
called upon to do 80 by vote Of the board, or
written request OF number OF stockholders,
representing at least one fifth of the Capital
Stock Of the Company, and 1t shall Do MS DUTY
upon the written request of two Directors.
ID ARTICLE MI. s.l.-
In consideration of the five hundred (500)
shares allotted to the "Julius Robert Diffusion
az S.a,er t ~ A aro
apparatus and all other machinery owned by
them and now lying at Southwood and Belle
Alliance Plantations, and renounce their royalty
on all sugar and molasses that may be made by
this Company, and they bind themselves and
| their heirs to execute, acknowledge and deliver
| to the said Company such deeds, writings or
other instruments as shall or may be necessary
| to effect in due form to SAID Company the sale
and renunciatiOn above stated. -, Z
ARTICLE XIII.
It shall be lawful for the stockholders OF this
corporation, at general meeting to be convened
for that purpose, after fifteen days notice pub
lished in one newspaper of this city, to increase
not exceeding five hundred Thousand dollars
(s5O0, 0OO), and to make any notifications add
tons or changes in this act OF incorporation, or
! to dissolve the Company, with the assent OF
| three-fourths Of the stock represented at such
meeting. such modification, addition, change or
dissolution shall be recorded as required by
| law.
Whenever the dissolution Of the company shall
take place either by the limitation of its charter,
| the vote Of the stockholders, as provided IN the
foregoing section or otherwise, its affairs shall
! be immediately placed in liquidation under the
charge of two commissioners appointed by the
Board Of Directors. Said commissioners shall
be solvent persons not indebted to the company,
and residents of New Orleans.
They shall remain in Office until the final hqui-
dation Of the affairs of the company and the dis
tribution of the surplus funds among the stock
holders. i. .a
Their compensation shall be fixed before their
election, and shall not exceed two and a half
per cent (2l per cent) of the assets realized by
| them, and in case Of q vacancy occurring from
any cause whatever, the remaining or surviving
commissioners shall Immediately appoint another,
otherwise any court OF general civil jurisdiction
| in the parish of Orleans may make such appoint
ment, on the petition Of any three stockholders.
ARTICLE XIV. ,sft
The fiscal year Of this company shall end on
the first day of March in each year. On that day,
or as soon thereafter as practicable, the books
of the company shall be balanced and q general
statement Of it's affairs be prepared and submit
ted to the stockholders, for fifteen days preced-
ing such election OF directors.
Thus done and passed at my Office in New Or
leans in the presence Of Andrew J. Arm strong
and Fred Stansbury, lawful witnesses residing
IN this city, who have hereuntO signed their
names as such, with said appearers ard me, said
notary, on the day, month and year herein first
written. after reading the whole.
JNO. W. LABoUIssE;
r. SIEG,
R. c. CAMMACK,
VICTOR MEYER,
+ F. T. {. H AfREY & CO.,
OTTO KRATZ,
A. J. ARMSTRONG,
F.. STANSBURY,
JIG. EUSTIS,
Notary Public.
I, the undersigned, Deputy Recorder OF Mort
cages, in and for the parish Of Orleans and city
Of New Orleans, do hereby certify that the within
duly recorded in my Office, according to law, in
B. lis, folios 61S, 6ie, $40, 621, 622 and 623.
New Orleans La, June p, 1878:
(Signed) C. DARCANTEL,
sa Deputy Recorder.
certify the above and foregoing to be cor
rect copy of the original Act OF Incorporation
and certificate Of recordalon thereof extant in
my current register. 10
In faith whereof, grant these presents under
my hand and the impress Of my official seal, this
q j. G. EUsTIs, Notary Public.
je25 jy2 916 fss7.E II t5s.I ,res