New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-01-01
CORPORATIONS.

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 thouI and eight
hundred and seventy. five, and of the Independence
OF the United States Of America the hundredth,
before me, Andrew Hero. JT.. 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 undersigned pers lna'ly came and appeared
subscribed, whe severally declared that avsilinS
themselves Of the provisions of the laws of this
state relating to the organization Of corporations
Tor VOTES OF public Improvements and other pur.
poses, they have converted and agreed and do BY
these presents covenant and agree and bind them
hereafter be associated with them to form them.
selves into and constitute corporation for the
objects and purposes and under the conditions
sJipulatons and regulations following VIZ
ARTICLE l.
The name and title Of the corpoia alton shall bs
THB DBLTA MOSS COMPANY and its domicile
shall be the city of New Orleans, in the parish Of
Orleans and State Of Louisians; and said cor
poration shall have power and authority under its
corporate name to have and to enjoy succession
for the fnll term and period Of twenty Eve years,
commencing on and to be computed from and after
the date hereof to contract, and be sued under
lts corporate name; to make and a corporate
mortgage or hypotheeate, under its corporate
name, property, both real and personal; to name
and appoint such managers directors and officen
as their interest and convenience may require
and to make and establish such bylaws rEles and
regulations 1 for the proper management and regu.
1aton OF the adaiTs Of the corporation may be
necessary and proper, as well as TO alter amend
the same at pleasure.
ARTICLE H.
The objects and purposes for which this eorpo.
ration s established, and the nature OF the bnsi-
neas to be carried by it, are declared to be 10
purchase, manufacture and sell moss; to acquire
by purchase or otherwise any and al inventions
or parents Tor the handling, manufacturing, curing
baling or compress moss, whether bv InachineS
or otherwise, as well any and all extens ons or
renewals OF any inventions or patentE to manu-
| facture snd use such patents inventions mschines
etc, as wen as 10 yend the same to others for use
OF Incense OF rent the same, and to do and perform
au thlngs that nav be necessary to carry on the
BUSINESS OF manufacturing and selling moss.
ARTICLE III.
All citations notices, or other legal process re.
quirea to be served on said company shall be
served upon either the president, treasurer or
secretary OF said eomRny.
ARTICLE ".
The capital stock of said COMPANY ia fixed AZ
fifty thousand dollars divided into or represented
| by ave hundred shares Of the sum Of one hundred
dollars each payable in full at the time of sub
| Of said company shall commence as soon as two
thirds Of said stock shall have been subscribed for
and paid in full; but tae capital stock Of said com
pAny may, by vote of a majority Of the stock.
holders, in number and suourt 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 tbe stock.
holders shall be limited to any unpaid nstHIlments
ARTICLE Y.
Transfers of stock shan be made ONLY upop the
books OF the company, and no stakeholder shall be
authorized TO sell any shares at private SAFE 10 snV
cue a s .altetaly stOekhoider, unless he shall
papy at the same price that he or they nav be
offered for the same, and the company reserves to
| lteef IN such eases the option Of acquiring
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 where any shares are TO be
offered at public sale notice of such intended sale
must be served upon the president or seeretarv Of
said company at least three DAYS 6etoTs lie 3ate
| fixed for such sale. In default Of q compliance
with these provisions the share or share thus sold
/ shall not be transferred upon the books Of the
| company, unless sucR transfer shan have been
] first authorized BY resolution Of the Board Of
| Directors thereof
ARTICLE VI
All the corporate powers Of this company shall
be vested in and exercised by Board Of D Fectors
| composed Of five stockholders; but said GARD Of
| Directors may contract with general ma uagement
OF managers for the control and management of il
| entire business for one year or term of years
stipulated in such contract that such manager or
mans gers shall render to the Board of Directors
fun statement Of their accounts up TO the first day
| thereafter quarterly statements within q week
after the expiration Of each quarter which state
| ments shall be submitted 10 and verified by the
secretary Of this corporation who shall st an lines
have free access to the BOOKS Of such manager or
managers for such purpose. The fret election Of
medately after the recording of this act and said
Directors shall at their first meeting from their
own numbers elect President, Treasurer ard
Secretary. The Directors and officers 30 elected
shall continue in office until the second Monday In
January, ls77 or until their successors are ee eted
unless sooner removed by a twO-third vote Of mi
the stockholders; three members of the Board OF
Directors shall constitute a quorum for the trans.
action Of business AMI they shall I'M All vacancies
that may occur in their number OF in the Off
GERS during the period for which they ara elected
ARTICLE VII
An annual meeting of the stock 10 d ,rs shall he
he d at t1a office or domicile of said company an
the second Monday in January in each veal; ana a
msjoIlty of AL OF the shares shall be neeessaFV 70
De repIese nted at such meeting as q quorum for
the transaction Of any blsness. At such annual
meeting an election shah be held for the BOsId OF
Directors provided for in article six who shall
continue IN ONCE until their successors are elected
ard at their frat meeting elect the officers herein
before prescribed. Ten days previous police Of
each annual meeting SHAH be gwen by advertise
meat in one Of the daily newspapers published IN
New Orleans, and majority OF the entire stock
shall be requisite to elect such Board of Directors
each and every share stock being entitled 10 one
vote by its owner, either in pers N or by proxy.
At each annual meeting full report of the con.
diton and anairs OF the company shall be sub
mitted, and the stockholders nay appoint a CON.
mittee to examine such report aud alto tine affairs
Of the company as regards the correctness thereof
ARTICLE VII
This act Of incorporation may be changed modi-
fed or altered, this corporation dissolved with
the assent Of three .fourths in number and amount
Of al the stockholders at any general meeting Of
thirty DAYS prior notice shall have been given OF
such meeting BY publication in one OF The news
papers Published in New Orleans. And this cor,
poration, whenever dissolved, either BY tsrmsna.
uon Of charter or from any other canse shall be /
iquidated ey three commissioners, 70 be elected |
by the stockholders upon \ majority vote and /
such commissioners shall remain IN office until the
hnal settlement and liquidation Of the Rffairs Of /
said corporation.
Thus done and passed in my ONCE IN New Or. /
leans Aforesaid in the presence Of George Cenas
and Paul A. C0paud, witnesses, both Of this city
who hereunto siRn their names with the parties !
and me- the said notary the day and date afore.
said.
GEORGE cRNks,
P. A. CONAN,
ASDREw HERO, JR.
Notary Public.
], the undersigned, deputy recorder Of mOrtTases
IN and for the city Of New Orleanl parish 81 or
leanai State Of Louisiana do hereby cerfifg that
the above and foregoing set Of incorporation oF I
The Delta Moss Company was this DAY duly 70.
ceIded 10 ny olIce. according to law 10 book Ne /
ll3, fohos %. 1885, ~ T38 aud 739
New 5rieAnsi December -. 1875.
9. DARcANTRL, Deputy.
y andrew Hezo, j., notary publie aa nforesaid
certify that the Foregoing IS q true ceny Of fhf
OF YEA ect e<taut "a my notaFial archives.
new 4flea1a. HSce1EhEF 81 1874.
. AAsAkH EEh0, JR-, Notary Public.