The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-05-26
CHARTER.
STATE OF LOUISIANA.
PARISH or ORLEANS ITY. or NEW Oh.
LEANS.

PARISH OF ORLEANs-GITE OF NEW Oh
LEANS.
Be II known, that on this sixteenth day Of
April in the yanr Of cur Lord oRe thousand
eight hundred aud sew nty -seypn. aud VI ths In
dependence Of HE United States Of ss,ineriea the
ieans, and city Of New Or ems. s,ate ,oi L9q
isiana. duly commissioned and du4iitied. and In
presence 81 the witnesses hsreinaftor named
and the undersigned, personal " came end ND
Pc red The Sc era, paftez who's, mans afs
themselves II the provisions Of the statutes OF
the state Of Louisiana rela I've to he pfganza-
enanted ard agreed. and III by these presents
covenant agree and bind themselves aud those
whom they repre- sent and 81 sneh nss1r , as
whether by subscription pnfehas4. transfer OF
otherwise. 70 torn, themselves into end consti-
lutn corporation for the obiart md purposes
and under the stipalatiuns and regulations fol
'o"'''S' y y" ARTICLE FIRST
The nqme and ,jt1e 4 saa sarpe1st,,2n ahs
PANY, and III domieile is hereby established In
the city Of New Orleans. state Of Louisiana.
Citations In s,i agaps the r, a2n nay
from the city, On the Secretary
The corporation shall hive power AMI au
First-To have and to enjoy succession by it's
corporate name for the period OF twenty five
seeond-To contract sue and be sued In it's
IIhitd-To make and use u corporate seal.
Fourth-To hold, receive, purchase ami con
vey under Its corporate name pioperbys BOTH
real and per- onal.
FIJI mo name and appoin.4 such nsnaeers
directors affd officers as its interests ana oohVe~
nienre may require and
Sixttl-T0 make and establish such bylaws
for the pn, pose of management Mt and regu tation
Of the affairs OF the corporation rs may be nb-
cessary and proper.
ARTICLE SECOND.
The object end purpo Q for which this eorpo-
rahon i est blishpd the carrying on ri d gen
eral Wreokng business.
ARTICLE Third.
An The corporate powers of. the comp ny shalt
be exereis ed by a Board Of Directors and such
shall be managed by the Pfesid nj and the
Board q Directors; .t.n aa.a. J, a.u
Quorum Quorum for The transaction Of business
Board u DIRECTORS shall BE BE- eetted on TIE
Their aft or, from the Stockholders by LHlht.
| Each member Of the company being entitled tg
many votes as be MY have sharas snnacEioed
| matter n4rnsd the election to be bv ballot, each
| stock holder haYng the right e. appoih proxy
| tor the election Of directors, but in all business
| necessary to 10 had IN the B91rd Of reetofs.
the eyen. Of no efeon akne pine a al on fne
1 10 fs held within ten days after tae failure ~
elect and shall give notice heraof by advertise
ho Board Of directors shall, a is first meet
II every sys ear also ses1 e sne g If tbs
sa ""p line and ali shD hold their oists until
their SUCCESSORS are duly eieetei The first
nam Il stockholders, who shall hold theif office
Until TIER psq,v afs guy eyar 1lffd Emo nn
arews, NJ Schwartz and FL. Meader. aat4
| .nn1f,t IT. H1rYprIr
rho capital stock Of this corporation IL here
| rstr. sented by two hundred ard forty shares
Of Atty q bars each the amount q each sub
scrip'ion shall be pa,a . in cash at the signing
| OF these presents.
| ARTICLE FIFTH.
No stoekholder In this cor Grafton shati ever
| be- liable or responsible for the contracts or
| faults of the cor poration nor shall any mere
inIormats n oTganizatio1 have we, the sffees Of
lstnckholder to any liability beyond the amount
% ''' 4'0'A' ARTICLE SIXTH.
| This charter ray be modified. altered or
| amended. and tho capital stock NAV be- in
creased TO eny sum not exceeding fifty Thousand
dollars or the company may he dissolved at u
r. neral nesting Of the. stockholders, convened
| for that purpose. with the assent II three
fpnrths lin amount vi the st OK represented ut
sueh meeting; Whenever the dissolution Of tho
| CORPORATION shall become necessary by the rea~
~ !, - IL ahasicr ~ from ana aa,,s nh ntatar
" ra,rs stmll h., i'm me diafag ,danaa l.; ;ui
5a,inn !, ,aar ,tia ol,aroa auI
" ~ nnuo ss in"r 81 s., tt W. ~
| ~ n,geetora nnd wbn sh.u rsfr ain in rfYina
" . as,.ai is,naat - tt vi ~ y. VIZ H.,
company. and the distribution OF Its surplus
bonds among the stockholders
ARTICLE SEVENTH
| mr.. .o. - ,h. s,eo,, bt1a.. .t, -,
ma hsn a ~ ..o IL @ @ LIeir resi-
ssl ~ a.n ,s y, n ny ~ tiHn ar9
ltipu " ~ ~, saei III ~, su7o. iosi u nis Hs
VI ihoo1 ~ 1917 nu o0' opp'7io otoh VI thbl5
Orleans NJ res.id, in ths ~ essence IT Thad. J.