The New Orleans Democrat., 1876-01-02
CHARTER.

DE 1T KNOWN THAT ON THIS THE
ID twelfth of the month of October. in the year
Of our Lord one thousand eight hundred and
public. duly commissioned and sworn for the
parish of Orleans State OF Louisiana, and IN the
presence Of the Witnesses hereinafter named ana
undersigned. personally came and appeared the
several parties whose names are hereunto SUB
scribed who declared, that availing themselves
Of the provisions OF the laws OF Louisiana, In re-.
lation to the promotion and organization OF
corporations, as contained in thekevised Statutes
OF this State for the year 1870. page 1883. section
SIT, they have covenanted and agreed, and by
these presents do covenant and agree. and bind
the IN selves, and those whom they represent. 70
establish an Incorporated company. iQr the OD-
stipulations and regulations hereinafter set
forth and contained. to wit: Gg fs4
a m ARTICLE I. t5
The name and title Of this corporation shall BE-
tas F NEW MoEkEANs shah be do@icIatsd
and have It's principal Office in the city Of New
Orleans State Of Louisiana and shall have and
enjoy corporate powers and privileges to the full
term OF twenty-five years from the date hereof.
ARTICLE II. ,.es.f,.s
The objects and purposes OF this corporation
shall be the compiling. printing and publishing
% SsS pSs pans as ali tns
properly pertaining thereto So IS
ARTICLE Ill.
The newspapers compiled. printed and pub
lished by this corporation shall be Democratic
- p0n'''' ARTICLE Nv.
The objects of the newspapers compiled,
printed and published by this corporation shall
be to promote the commercial, industrial. social
and political interests OF this State and country
and to give tone ygor, point and effect to every
thing calculated to elevate, refine and ennoble
public sentiment and feeling; and to that end
shall. without fear or favor. decry and condemn
all frauds, population, corruption and crime
wherever found. .tf.@.
AREICLE V.
The capital stock Of this corporation is hereby
fixed at One Hundred Thousand Dollars, divided
into ten thousand shares Of ten dollars each.
Any given number of shares not subscribed at
the formation OF this corporation may. at the
discretion OF the managers thereof, be divided
into halves oil o share and disposed OF accord
ingly. ~,
The CORPORATION shall commence business
subscribed; the stock subscribed shall be paid to
the managers or such person or persons as they
may designate after the corporation shall be
''''''''' ARTICLE VII.
A full share OF stock of this corporation shall
entitle the holder and owner thereof to one full
VOTE but no stOckholder shall be entitled to more
than one vote In his own right and one vote as
DloA' - 'e ARTICLE VIII.
No stockholder shall vote at any meeting OF the
stockholders by proxy or agent unless such
ton. .nn1rr,v a
La
No stock OF this corporation not subscribed for
before its formation shall be taken or subscribed
for except upon the consent OF a majority of the
managers given in writing.
s ARTICLE <
| No stock Of this corporation shall be sold or
transferred without the written consent OF three.
fourths Of the whole number OF managers; and
any party wishing to sell or transfer his stock
must notify in writing each and every manager
three days before he proposes TO sell or transfer
his stock and such notice must contain the full
name OF the party to whom the stOckholder pro-
poses to sell or transfer his stock. also his resi-.
dence, the numbertof shares proposed to be sold
1 and the price of the same. Should any number
! of tha manaeer6 exceeding ope.louyh Of The