The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-25
CHARTER.

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shall be kept at the office Of the Company, sub:
iect to the by. laws. All transfers of stock shall
be made on the said books and signed py the
the Directors may close as often as convenience
or expediency may require, and for period not
exceeding thirty days. No transfer OF less than
one full share Of stock shall be permissible.
No stockholder in this corporation shall ever
be liable or responsible for the contracts or fault
| OF the corporation beyond the amount OF his
stock.
Tt shall be the duty of the President to call a
general meeting of the stockholders whenever
called upon to do so by vote OF the board, or y
| written request of number Oh stochholoers,
representing at least one fifth OF the Capital
Stock of the Company, and it shall be his duty
to o convene the Board Of Directors at any time
upon the written request OF two Directors.
ARTICLE MI.
Tn consideration of the five hundred 5000
shares allotted to the "Julius Robert Diffusion
they turn over to this Company the two diffusion
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 snd deliver
to the said Company such deeds, writings or
othe instruments as shall or may be necessary
to effect in due form to sad Company the sale
and remuneration above stated.
ARTICLE NH.
tt shall be lawful tor The stockholders of this
corporation at a general meeting to be convened
for that purpose after fifteen days notice, pub
lished in one newspaper OF this city, to increase
the capital stock Of this Company to any amount
not exceeding five hundred thou sand dollars
$500, OO0), and to make any modifcat atoms, addi'
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
law.
Whenever the dissolution of The company shall
take place either by the limitation of it's charter,
the vote OF the stockholders, IS provided in the
foregoing section, or otherwise, It's affairs shall
be Immediately placed in liquidation under the
charge Of two commits sioners appointed by the
Board of Dire ctors. Said commissioners shall
bs solvent perso not indebted to the company
and residents of New Orleans.
They shall remain in Office until the final iqni
dation Of the affairs Of the company aud the dis
tribution of the surplus funds among the stock
holders.
Their compensation shall be fixed before their
election, and Shall not exceed two and half
per cent (2I 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 anv c,urt of general civil jurisdiction
in the parish Of Orleans may make such appoint
ment, on the petition of any three stockholders.
ARTICLE XIV.
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 general
statement Of its affairs be prepared and submit
ted to the stockholders, for fifteen days reced-
ing such election OF directors.
Inn, ap6 ms at m in
leans in the presence of Andrew J. Arm strong
and Fred. Stansbury, lawful witnesses residing
ID this city, who have hereunto signed their
names as such, with said appearers ard me, said
written. after reading the whole.
Original signed)
JNO. W. LABOUIsSE,
r. SIEG,
R. c. CAMMACK, i
VICTOR MEYER
s. z. RELF,
T. L. AIREY & CO.,
OTTO KRATZ,
A. J. ARMSTRONG,
F. STANSBURY,
J. G. EUSTIS,
1, 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 nv office, according to law, in |
B. lls, folios 6lS, 619, 62O, GIL, 622 and 623.
New Orleans La, June q, 1875:
(Signed) G. DARCANTEL,
Deputy Recorder.
certify the above and foregoing to be cor
.ect copy of the original Act Of Incorporation |
Ind certificate Of recordation thereof extant in |
nv current register.
In faith whereof ere grant these presents IT'S. under
.4th day of June, A. D. 1875.
j. G. EUSTI', Notary Public.
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