New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-01-20
CORPORATIONS.
.....CHARTn.
STArE OF LOUISIANA. PARISH AND CITY o.
NEW ORLEANS.


STATE OF LOUISIANA; PARISH AND CITY OF
Re il known that o. this twenty fourth dayd
December in the yeer o. LorS Sns
of the United States Of America tue one hundrectn
before me, Andrew H-fo. Jr notary Puoiic; IN ana
T,ouisians. duly commissioned and qualified, ans
in the pre- sence of the witnesses nefetua''sI nSS
and undersigned. pers ,naly came aaa ppennta
subscribed. who severally declared that, svaiiine
themselves Of the provisions Of the laws Oh tn,s
for works of public improvements ead other pur.
poses they have converted ana agreed au1 ~ W
thsee present. covenant ana ss NAV
hereafter DO associated with them, to form tnem
selves into and constitute csrporat'on iot .ne
objects and purposes and under tine conoitons
stiDulations and regulations following, VIZ:
ARTICLE l.
T1iE Delta MOSS COMPANY. and ito domicils
shall be The city of New Orleans, in the parish Of
Orleans. and state Of Louisana; anu nnder cS
ccorporate name to have and to enjoy succesaea
for the fnll tei M and period of twenty I'VE yeara
commencing on and to be computed from ahd ai,x
tha date hereof to contract, and be sued under
its corporate nam; to make and use corp
seal to hold 1ecsivs nnaer nd it's eorpo
name property both real and personal; to name
and appoint such managers, directors and oMcen
as
and to make and est sblish such bylaws rules and
regulations for the proper management ana Iega
lation of the affairs of the corpor ason az may q
necessary and proper, a. wei DIS " "'oA Va ''Ae"s
the same .. pleasure.
ARTICLE II.
The ebiects and purposes for which his corpo-
ration is established, and the nature OF the 6us
ness to be carried on by it. are declared 70 De 70
nnrchase m anufacture aud sell NOSE: to acquire,
kv nm rchase or otherwise any and all inventions
or paIents for the handling. manu- acturins curing
or otherwise. as we'll as any and all extensions or
rene walls of any inventions or patents; TO manu-
fac.ure nd use such patents. INVENTORS, macnines
etc "a we'll al to yend the same to others for use,
or license or rent the same, aud to do aud perform
all things that nav be necessary 70 carry OF tAe
business OF manufacturing and selling moss.
ARTICLE III.
All citations notices, or other legal process re-
ouirea to BE- ssrved on said company, shall be
served upon either the president, treasurer Or
secretary Of eaid comAny.
ARTICLE ".
The capital stock Of said company ia fixed at
tftv thousand dollars divided into or represented
by We hundred shares of the sum ct one hundred
dollars each payable in full at the time of sub
scription being made therefor, and the operations
of said company shall commence as soon as Two
and paid ia full but the capital stock OF SAID com
pany may. by vote OF majority OF the STOCK.
any sum not exceeding five hundred thousand
dollars, divided into shares Of one hInared doh
lars each; and the Individual liability OF .ne seoc,
due to the company Oh the shares owned by each
ARTICLE V.
Transfers Of stock shall be IN ade only upon the
books of the com pauy and no stOckhoder shall b
authorized to sci ANY shares at private sale TO any
one not ALREADY q stakeholder, unless he shall
have first offered such share or shares to the com
pany at the same price that he or they may Be
| Itself in such cases The option Of acquiring
I such stock at the price 80 offered At any time
within three days after such otter shall have been
pany. In all cases where any shares are to %
offered at public sale notice of such intended sale
said com ANY at least three days before tbs date
fixed for such sale. In default of compliance
with these provisions the share share thus sold
| shall not be transferred upon the books of the
| company, unless such transfer hail have been
| first authorized by a resolution of the Board Of
| Directors thereof.
! ARTICLE VI.
All the corporate powers Of this company shall
be vested in and exerci ,ed by Board Of rectors
| COMPOSED of fl stockholders; but said Board o:
| Directors may contract with e neral management
managers for the control and man sgement OF lts
| entire business for one year a term of years.
| provided, however, that in such case IL shall be
| stipulated in euch contract that such man Ager
msnsgers shall render to the ,ayd Of Directors
full statement of their accounts up to the first day
| of July. 1876, within week after said date and
after the expiration of each quarter; which state
| ments shall be submitted to and verified by the
have free access to the booEs Of such MANAGER or
managers for such purpose. The first election Of
Directors shall be held by the stockholders i'm,
mediately after the recording Of this act, and said
! Directors shall at their first meeting from their
own numbers elect President, q Treasurer and
Secretary. The Directors and officers so elected
shall continue in ofics until the second Monday in
January, 1871 until their successors are elected
| unless sooner removed by 1wO-thfrd vote OF 81
| the stock holders; three members OF the Board OF
| Directors shall constitute quorum for the trans
action of bus ness. an they shall fill all vacancies
| that may occur in their number or in the OH
GERS during the period for which they arc elected.
ARTICLE VII.
An annual meeting of the stockhodsrs shall b.
he at toe Ofire OF dOmicl'e of said com ea1y on
the seooud Monday in January in each year; and =
or1ty of all OF the shares shall be necessary to
the transaction Of any business At such annual
| meeting an election shall be held for the Board Of
| Directors, pcov;d d for in article SIX, who shal
continue in Off ce uat their successors are elected,
ar at their ii ret meeting elect the officers herein.
before prescribed. Ten days previous notice Of
| each annual meeting shall be gwen by advertis
ment in one of the daily newspapers published in
| New Orleans. and a majority OF tbs entire stock
shall be requisite to elees such Board Of Directors,
vote bv Its owner, either in psrs N or by proxy.
At e sch nuual meeting fan report Of the con
mitted ard the stockholders may appoint a com.
mittee examine such report, and iatO the affair.
of the company as regards the correctness thereof
ARTIcLE VIII
This act of incorporation may be changed, mod-
fled or altered. this corporation dissolved with
the assent of three fOurths in number aud amount
of all the stockholders. at any general meeting OF
the stockholders convened for such purpose, after
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
porstion whenever dissolved, either by termna'
ton OF charter or from any other cause, shall be
liquidated by three com mssoners to be elected
ty the stockholders, upon maj ority. vote, and
such commissioners shall remain in office until the
Sy,a and lis,1li of he
said corporation.
Thus done and passed ia my Office in New Or
cans aforesaid in the presence OF George Cenas
and Paul A. Cor and, witnesses, both OF this city
who hereunto Sig1 their names with the parties
and me, the said notary, the day and date sfore-
said.
| Original signed:
GEORGE D. LUCE, and others.
GEORGE CRNAs,
| =. A. CONAND,
No.ary Public
I, the undersig ned, deputy recorder Of mortgages
| in and fOr the city OF New Orleane parish OF Or
leans, State of louisiana, do hereby certifv that
| the above and foregoing act of incorporation OF
The Delta Moss Company was this day duly Re-
corded in nv office. according to law, in book No.
u.s. folios 49, 736, 737, 1873 and 1879
'" O'''1'' N G. DARUANrEL, Deputy.
| l. Andrew Here. IT,, notary public IS aforesaid
original act extent in my notarial archives.
| New Orleans. December 81. 1873.
ANDREW HERO. JR., Notary Public
BANKS AND BANKING.
| r OIJxssANA SAVlNlSa RANK