New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-01-08
CORPORATIONS.
yuARrER. ..CHARTER.
STATE OF LOUISIANA. PARISH AND CITY OF
NEW ORLEANS.


Be it known that on this twenty fourth day Of
December, in the year Of LORD one thousand eight
of the United States of America the one hundredth
before me. Andrew srO. Jr. notary public: in and
for the parish and city of New Orleans, State Of
Louisiana, duly commissioned and qualified, and
in the presence of the witnesses hereinafter named
and undersi gned personally came and md appea.ed
subscribed, who severaiy declare that awaiting
themselves of the provisions Of the laws OF this
State relating to the organic alton of corporations
for works of public improvements and other pur-
pOses they have converted and agreed and do BY
these presents covenant AMI agree and bind them
selves, as well as all such other persons as may
hereafter be associated with them, to form them
selves into and constitute corporation TOR the
objects and PURPOSES and under the conditions,
stlpulations and regulations following, VIZ
ARTICLE /.
The name and title of the corporation shall be
TIKI DELTA MOSS COMPANY. and its domicile
shall be the city of New Orleans, in the parish Of
Orleans. and State of LOuisiana; and said cor
poration shall have power aud authority under its
Corporate name to have and to enjoy succession
for the full tenn and period OF twenty-five years,
commencing on and to be computed from and after
the date hereof TO contract sue and be sued under
Its corporate nama; to make and use a corporate
seal; to hold receive, purchase and convey, and
name property both real and personal; to name
and appoint such managers, directors aud officers
as their interest aud convenience may require.
and to make and est abish such bylaws, rules and
regulations for the proper management and regu.
laton of the affairs OF the corporation as may be-
necessary and proper as well as to alter or amend
the same at pleasure
ARTICLE II.
The objects aud purposes for which hs corpo-
ration is es;abl shed and the nature of the busi-
meas to be carried on by it, are declared to be to
purchase, manufacture and sell NOSE: TO acquire,
by purchase otherwise any and all inventions
or patents for the handling manufacturing. cur1ng
baling or compres sing moss, whether by machines
or otherwise as well as any and all extensions OF
faccure and use such patents inventions, machines,
ETC., well as to vend the same to others Tor use,
license or rent the same, aud to do and perform
all things that NAV be necessary to carry on tRe
business of manufacturing and selling moss.
ARTICLE III.
All citations. notices, CT other legal process re.
quired to be served on said company, shall be
served upou either the president, treasurer or
secretary of said ccmany.
ARTICLE ".
The capital stock of said company il Fixed at
fifty thousand dollars, divided into or represented
dollars each payable in full at the time of sub
scription being N ade therefor, and the operations
thirds of said stock shall have been subscribed for
and paid IN full; but the capital stock Of said COM
pauy may, by vote of a majority OF the stock
holders, in number and amount, be increased to
any sum not exceeding five hundred thousand
dollars, divided into shares of one hundred dol
lars each; and the Individual liability of the stock
holders snail be limited to any imp aid inst ,ments
due to the company Oh The shares owned by each.
ARTICLE v.
Transfers of stock shall be made only upon the
books OF the company, and stockhOlder shall be
authorized sell any shares at private sale TO any
one not already stakeholder, unless ne shall
have first offered such share shares to the COM
pany at the same price that he OF they may be
offered for the same, and the company reserves to
such such stock at the price so offered at any time
within three days after such offer shall have been
made to the president or secretary of said COM
pany, In all cases where any shares are to DO
offered public sale notes OF such intended sale
must be served upon TIE president or secretary OF
said com panv at least three days before the date
| fxed for snch sale. In default OF a compliance
with these provisions the share or share thus sold
| shall not be transferred upon the books OF the
| company, unless suci transfer shall have been
i first authorized by d resolution OF the Boira Of
Directors thereof.
| ARTICLE vi.
All the CO. porate powers of this company shall
be vested in and exercised by Board of ,rectord
COMPOSED Of f We stockholders; but said Board OF
| Directors may contract with general management
or managers for the control and sgement OF Its
| entire business for one year or a term OF years.
provided, however, that in such case it Shall be
| stipulated in such contract that such manager Or
| managers shall render to the Board Of Directors
full statement of their accounts up to the frs day
| of july 1876, within a week after said date, and
! thereafter quarterly statements within a wseS
after the expiration OF eaen Quarter; wGn b
secre tary of this corporation who shall ut all tines
| have free access to the books of such manager or
Directors shall be held by the stakeholder i'm.
mediately after the recording OF this act and SAID
| Directors shall at their first meeting from lei
| own numbers elect President, Treasurer a-d a
Secretary. The Directors and officers 80 elte 90
shall continue ia Office until the second Mon lay in
January, 1877 until their successors are el- cted
| unless sooner removed by u two-third vosa of all
the stockholders; three members OF The d AID oil
shall cen fsav ahs fST G
that may occur in their number or il :ae 9th
GERS. during the period for which they ar eeeted.
ARTICLE VII.
An annual meeting of the stockho'dsrs shall be
| he d at the Off re domicie of said comsaav OF
| the second Monday in January in each yea and a
maioIlty of all OF the shares shall be necess arg K
| be repress nted at such meeting as quorum fol
the transaction of any business: At such s.nnua
| meeting An election shall be held for the Boa O
| Directors provided for in article six. who shall
continue in Office until their successors are e. eted
and At their first meeting elect the officer he rein
| before prescribed. Ten days previous rotlca o
| each annual meeting shall be gwen by advet Use
| nent in one of the daily newspapers published il
shall be requisite to elect such Board Of DirA tors
| each and every share OF stock being entitl - on
vote bv its owner, either in psrs IN or by Pre- ~
| At each annual meeting full report of tho con
| tition and affairs of the company shall be sub
| mitted and the stockholders may appoint com
mittee to examine such report, and into the .fair
| of the company as regards the correctness theFeo
/ AHrIcLs VIII
This act of incorporation may be changed. mod
fed OF altered, or this corporation dissolved VIII
the assent of three. fOurths in number and amour
of all the stockholders, at any general meeting
the stockholders suvened for such purpose. ate
thirty days prior notice shall have been gwen o
| such meeting by publication in one OF the news
| papers published in New Orleans Aud this COZ
poratiOn, whenever dissolved either By tarmna
| ton of charter or from any other cause, shal 0
| liQuidated by three commissioners, TO be electe
| by the stockholders, upon majority vote, an
| such commissioners shall remain III Office until tn
| final settlement and liquidation of the affairs Q
| said corp oration.
! Thus done and passed in my Office in New @
leans aforesaid, iu the presence of George Ceua
| and Paul A. Cor and, witnesses both of this cit.
| who hereuntO siga their names with the partlt
} and me. the said notary, the day and date afor'
said.
Original signed:
GEORGE D. LUCE, and others.
P. A. CONiND,
ANDREW HERO, JR..
Notary Pubic
! 1.-the undersigned deputy recorder Of mort sagt
| in and for the city OF New Orleans, patlsh OF Y
I leane State of Louisiana, do hereby certify tina
| the above and foregoing act OF incorporation q
| The Delta Moss Company was this day duly r
corded in nv Office. according to law, in book N
= | ll8 foliOs 1.}5, 736, .37, 1873 and 139.
I c. DARCANTEL, Deputy.
= l. Andrew Hero. Jr.. notary public as aforesai
certify that tho foregoing is a true copy OF q
8 original act extant in my notarial archives.
!, New orleans, December 81 1879
d ANDREW HERO. JR-, Notary P ubhc
= INSURANCE.
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