New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-01-21
CORPORATIONS.
STATE OF LOUISIANA. PARISH AND CITY OF
NEW ORLtANS.

NEW ORLEANS.
Be Il known that ON this twenty. fourth day Of
December, in the year Of Lord one thousaDd eight
hundred and seventy i've, and Of the independence
On Inc oniseo Sts'es =. IL not.rv nnbia in and
Tor the parish and city oe Nsw 0slsanA state q
Louisiana, duly commissioned and qualified. ana
and undersigned. pers ,nally came aud appeared
the several perssns whose nsmee are hersnnto
VI. The II
state relating to the organisation OF
for works Of public impTovements and other pnr.
these presenta covenant AMI agree aud bind them
selves. a. we'll ~ all such other persons g may
hereafter be associated with them 70 tor the
objects and purpos~s and under the conditions,
stipulatious and regulations following, viz:
ARTICLE L
The name and title Of the corporation shall be
THE DELTA MOSS COMPANY. and it, demcile
shall be the city Of New Orleans, in the parish OF
Orleans, and State of louisiana and SAID cor
poration shall have power and authority under its
corporate name to have and to enjoy succession
commencins on and to be- computed from and after
tho date hereof to contract sue and be sued under
its corporate nam; to make and use . corporate
seal; to hold, receive, purchase and convey. ana
mortgage or hypothecate, under its corporate
name property, both real and personal; to name
and sppont such ma1assrs asctSrs ana reas
and to make and establish sucn bylaws, rules ana
regulations for the proper MANAGEMENT aud regu.
lation of the affairs Of the corporation a. NAV De
necessary and proper, ~ well a. TO alter or amend
the came at pleasure.
ARTICLE II.
The objects and purposes for which this corpo-
ration is establish snd the nature OF tho ousi-
ness to be carried on by it, are declared 70 pc TO
purchase manufacture and soil mOse: to acquire,
by purchase or otherwise any and all inventions
or patents for the handling manufacturing. curing,
bAling or compress sing mo0s whHrher bv machines
t(aru asV wall "A 0XtoQ0lOu1
renewals Of any Inventions or patents; to manu-
facture and use such patents inventions, mschines
or license or rent the ssme, aud to do and perform
all things that NAV DO necessary to carry on the
business Of manufacturing and selling moss
ARTICLE ILL.,
All citations notices, or other legal process re-
qnire4 to be served On eaid company. shall be Dc
secretary Of said comsny.
ARTICLE Nv.
The capital stock of said company il fixed at
fftv Thousand dollars, divided into represented
by five hundred shares Of the sum Of ono hundred
scripftnn being made therefor. aud tho operations
Of said company shall commence - soon - two
and paid in fu; but the capital stock Of said CON.
psny may. by vote Of , majority OF the stock.
holders in number and auouLt, be Increased to
dollars. divided into shares of one hundred dol
lars each and the individual debility Of the stock
holders shall be limited to any imp Aid inst Ailments
due to the company on the shares owned BY each.
ARTICLE Y.
Transfers Of stock shan be made only upon the
books of the company, and no stOckhOlder shall be
authorized sell any shares at private sSe to any
ono not already . stockhslder, unless he shall
pany At the came price that he or they may be
offered for the ssms. and the company reservae to
itself in such cases The option Of acquiring
within three days after such offer shAl have been
made to the president or secretary OF said com
In al case, a3y .nsrss ARP 70 p
must BIZ served upon the president or secretary Of
said company at least three days before the date
With these provisions the share or share thus sold
shall not be transferred upon the books Of the
company. unless such transfer shall have been
first authorized BY resolution OF the Board OF
be vested in and exercis ed by Board Of Directors
composed OF i've stockholders; but said B oard o.
may y, M. non M ~.
entire business for one year or . term Of years.
provided, however. that in such case it shall be
stipulated in such contract that such man sger or
NJ ages shall render to the Board Of Directors .
full settlement of their accounts up to the first day
of July, 1876, within week after said date, and
thereafter quarterly stateme ITS within week
after the expiration Of each quart ar; which state
ments shall be submitted to and verified by the
have free access to the books OF such m anagar or
managers far such purpose The first election of
Directors shall be held BY the Gockholders i'm.
medistely after the recording Of this act, and said
Directors shall at their first meeting from their
own numbers elect President, Treasurer and
Secretary. The Directors and officers 30 elected
shall continue in Office until the second Monday in
January, 1871 until their successors are elected,
unless sooner removed by a 1wOthird vote of all
the stock holders; three members of the Board of
Directors shall con ,tltu quorum for the trans
action of bus Il ess ami they shall NIL all vacancies
that may occur in their number or in the OH
GERS during the period for which they are elected.
ARTICLEvn
An annual meeting Of the stockholders shall be
he d at the of6re or dOmicile OF sad company on
the second Monday in January in each year; and ,
orltv of all OF the shsres shall be necessary to
be repres. nted at such meeting . quorum for
meeting an ele cton shall be held for the Board of
Directors, prov d for IN article SIX. who shall
continue in Office ltil heir successors elected
arc at their fret meeting elect the officers herein
before prescribed. Ten days previous notice Of
each annual meeting shall be gwen BY advertise
meHt in one OF the daily newspapers published IN
New Orleans. and = majority OF tbs entire stock
each and every share Of stock being entit to one
vote bv its owner, either in pars n or by proxy.
At each rnnal meeting foil report Of the con.
mitted, ard the Stockholders may appoint con.
mi''ee to examine such report, and intO the AAirs
of the company - regards the correctness thereof
ARTICLE vnL
This act of incorporation may % changed. modi.
the assent of three fOurths in number and amount
Of oil the stockholders, 1t any general meeting of
the stockholders convened for such purpose. after
such NEE ting by publication in ono of the news
papers published in New Orleans And this cor.
porstion. whenever dissolved either by tsrmina.