New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-01-06
CORPORATIONS.
GHARTER.......... ....CHARTER.
STATE OF LOUISIANA. PARISH AND CITY OF
NEW. ORLEANS.

| L
~,u..-rn cr~.,..-.
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
hundred and seventy five, and of the independence
Of the United States of America tue hundredths
re- me- eza snd c4 Of Mot IN and
| Louisiana, duly commissioned and qualified, and
in the presence OF the witnesses hereinafter named
TIE several persons whose names are hereunto
! subscribed whe severally declare that, awaiting
| themselves of the provisions of the laws of this
state relating to the Organzs alton OF corporations
| for works of public improvements aad other pur.
| poses, they have converted and agreed AID do by
these presents covenant and agree and bind them
! selves. as well ali such other persons as may
hereafter Do associated W tn thsm. to form them
selves into and constitute corporation tor the
| objects and PURPOSES aud under the conditions,
| s.lpu.atio1s and reg 1lations following viz:
| ARTICLE l.
| THE DELTA MOSS COMPANY and it's donicile
shall be the CITY of New Orleans, in the parish of
poration shall have power and authority under its
| corporate name to have aud to ENJOY succession
| for the full term and period of twenty five years.
| commencing on and to be computed from and after
the date hereof to cont ract sue and be sued under
| Its corporate name; to make and use corporate
| seal; to hold, receive purchase and convey and
| mortgage or hypothecat. under its corporate
| name, property, both real and PERSONAL to name
and sppont such MANAGERS, directors and officers
as their interest and convenience may require,
and to make and establish such bylaws, rules and
| regulations for the proper management and regn-
laiion of the affairs of the corporation be
necessary and proper, well as to alter or amend
the came at pleasure.
ARTICLE II.
The objects and purposes for which this corpo.
ration is establ shed, and the nature of the busi
ness to be carried by it, are declared to be 70
purchase, manufacture aud sell moss: to acquire,
by purchase or otherwise any and all inventions
or patents for the handling manufacturing curing,
baling or compress sing moss whether by machines
or otherwise as well as any and all extensions or
renewals of any Inventions or patents; to manu-
facrure and such patents inventions, machines,
ETC.. well vend the same to others for use,
or license or rent the same and to do and perform
| all things that NAV be necessary to carry on the
| business of manufacturing and selling moss.
ARTICLE III.
All citations, notices, other legal process
qurea to be served on sad company, shall Do
served upon either the president, treasurer
secretary Of sad comany.
ARTICLE ".
The capital stock of said company is Fixed at
fftv thousand doilars divided into represented
by five hundred shares Of the sum of one hundred
dollars each. payable in full at the time Of sub
scription being made therefor, and the operations
of said com any shall commence soon as two
thirds of said stock shall have been subscribed for
and paid in full; but the capital stock of said COM
pany may, by vote of a majority of the stock.
holders in number aud 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 shall be limited to any imp Aid inst ailments
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 COMPANY and no stakeholder shall be
authorized to sal any shares at privaCe ale to
one not already 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
offered for the same, and the company reserves to
itself in such 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
pauy. In al cases where any shares are to DO
offered at pubic sale notice of such intended sale
must oe served upon the president or secretary of
fixed for such sale. In default OF a compliance
with these provisions the share share thus sold
shall not be transferred upon the books of the
COMPANY, unless such transfer shall have been
| first authorized by d resolution OF the Board CT
Dire ctors thereof.
ARTICLE VI.
All the corporate powers of this company shall
| be vested in aud exercised by Board Of rectors
composed of i've stockholders; but said E bard OF
Directors may contract with gen sral manag cement
managers for The control and man agement of It's
provided, however, that i'll such case it shall De
stipulated in such contract that such man OF
managers shall! render to the Board of Drectors a
fun statemen5 of their accounts up to the frs day
of July. 1876. within week after said date, and
thereafter quarterly statements within weak
after the expiration Of each quarter which STATE
ments shall De submitted to and verified b. the
tsry of this corporation, who shall at all times
have free access to the books of such inageT Or
| managers for such purpose. The first election of
Directors shall be held by the stockholders IN
mediately after the recording of this act and SAID
Directors shall at their first meeting from their
own numbers elect President, Treasurer aud q
| Secretary. The Directors ana officers SO elec.ed
shall continue in Office until the second Mon Iag ii
January. 1877 until their successors elected
unless sooner removed by a twothird vot" OF al
the stockholders; three members of the ,ard or
Directors shall constitute quorum for TIL uaas.
action OF business, ana they shall fl al vacancies
| that may occur in their number or in IA OH
GERS. daring the period for which they arr &C ed
ARTICLE VII.
| An snnua, meeting of the stockholders Ell IL BE-
be d at the Office or domicile of said company on
the second Monday in January in each year; and q
majority of sll OF the shares shall be necessary 20
| be represented at such meeting as quorum for
| the transaction of auy business. At such annual
NEE ting an election shall be he'd for the Board of
Directors provi,i ID for in article six, who shall
continue in Office until their successors are elected,
ard at their fret meeting elect the officers herein
before plescli oed. Ten days previous notice or
| each annual meeting shall be given by adve, tise-
ment in one of the dailv newspapers published n
New Orleans and . majority OF tbs entire stock
shall be requisite to elect such Board OF Directors,
each and every share of stock being entitled TO ore
vote bv its owner, either in psrs IN Or by proxy.
At'each annual meeting full report of the con-
mitted, and the stockholders may appoint co,1-
mttee to examine such report, and iuto the aifairS
of the pany regards the correctness thereof.
ARTICLE VIII.
| This act of Incorporation may be changed, mod
fed or altered this corporation dissolved with
the assent of throe fourths in number and Ount
Of all the stockholders at any general meeting CT
the stockholders convened for such purpose. after
thirty DAYS prior nOtCa shall have beel given OF
| such meeting by publication in one of the news
papers published in New Orleans. And this cor
poration. whenever dissolved, either by termina.
ton of charter from any other cause, shall be
liquidated BIZ three Ommissioners, to 10 elected
by the stockholders upon maloriaH vote, s .
final settlement and liquidation OF the AFFAIRS or
said corporation.
Thus done and passed in my Office in New Or
leans aforesaid, in the presence of George Cenas
and Paul A. Coraud, witnesses both of this city,
who hereuntO sign their names with the parties
and me, the said notary, the day and date afo-e-
said.
Original signed:
GEORGE D. LUCE, and others.
| GEORGE CRNAS
| P A. CoNAND,
ANDREW HERO. JR.,
Notary Public.
I, the undersigned, deputy recorder of mort cages
in and for the CITY of New Orleans paris of Or.
leans, State of Louisiana, do hereby certfv that
the above and foregoing act OF Incorporation of
The Delta Moss Company was this day duy re-
| 49, foliOs ,35, 1876, ,37, 1873 aud 1:'9.
| New Orleans December d. 1875.
| I, Andrew Hero, Jr notary public as aforesaid
| certify that the foregoing is true copy of the
| original act exJant in my notarial archives.
| New orleans. December 81. 1873.
ANDREW HERO. JR., Notary Public.
| ial7l42l
| INSURANCE