The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-10-02
CHARTER.
UNITED STATES OF AMERICA.
STATE OF LOUISIANA.
PARISH OF ORLEANS.

| n
DE TT KNOWN THAT ON THIS TWEEN
- teath day of the month of February In the
and seventy seven. before me. Oscar Drouet.
notary public in and for the parish and city of
New Orleans. duly commissioned and sworn.
| and in presence OF the undersigned witnesses,
personally came and appeared the subscribers
(nine in number. all being residents Of this
water manufactures, established IN TINS city.
| which appearers being desirous Of availing
themselves of tn. privileges and rights afforded
| by an act Of the Legislature of this State. en-
titled AN act for the organization of corpora
TONS, approved March IA, 1856 they. had cove
nanted, contracted and agreed and they~do By
| these presents covenant. contract and agree to
associate themselves together ans to form
corporation for the purpose Of manufacturing
aerated waters. in the city of New Orleans, and
to to, thls end and PURPOSE they have established
goyernance Of said corporation:
ARTICLE
be the SEEsGESY GITY sEITZ ' aNp MN sisi.
hA sha Be- n the city Of New oreans
1t shall commence business imm ediately and
shall exist for, the term Of ten years from the
ner hereinafter provided, during which time IT,
shall exercise and enjoy all the powers, rights
and privileges granted by law to corporations.
1t shall have seal with such device as the
board OF directors may hereafter adopt The
president shall be the proper person upon
whom all citations and other legal process shall
be served.
ARTICLE Ill
me 1s objects and purposes Of this corporation
SETTER mineral and all other aerated waters
ARTICLE Ill.
The capital stock Of this corporation shall be-
into nine shares. all Of which said shares have
been and are hereby declared to b. full Daid
Transfers Of stock shall be made only on the
DOCKS OF his corporation at its Office and no
sale or transfer thereof shall be made BY the
owner nor be valid until sixty days notice 81 gfies
intention aa ton to transfer or sell said sock shall
ration, and unless also this corporation.
or, In default thereof any one or more
privilege of purchasing said share or shares of
capital stock at the, bona fde price offered
therefor outside Of this corporation or, In de-
such share or shares.
ARTICLE ~.
All the powers of this corporation shall he ex-
erc1Sed by q board Of directors. composed Of
five stockholders. a majority of whom shall be
quorum Tor the transaction of all the business
OF the corporation.
The board of directors shall annually. at
their first meeting. elec one Of their members as
president. who shall hold his office for the term
The president shall pr side at all meetings ar
the board of directors and shall conduct and
manage the business OF the corporation gem
directors.
In the absence or inability to act Of the presi-
!
their members to act in his place. They shall
have the power to make and adopt such bylaws
as they may deem proper to fill any vacancies
in their number, and generally to do and per-
form all other acts which may be convenient Or
necessary to carry into full effect the objects
an ana purposes Of this corporation. Minutes
shall be kept Of all the meetings of the board 81
i, The first election Of directors shall be held at
the office OF the corporation on this day. and
each and every year. due written notice of which
election shall be given by the president to each
ne nsos on ana Il d hs fs sha p no se9
fifteen days, and every succeeding fifteen days
until an election be had. notice being given as
At all elections or meetings each stakeholder.
either in person or by proxy, shall be entitled
to one vote for each share of stock held by him !:
and the persons receiving the number OF votes
representing q majority in amount OF the capt.
tai stock shall be considered as elected, and
shall serve for the term of one year or until
,helr SUCCESSORS are duly elected.
ARTICLE v.
Proper books Of account shall be kept in
which al the dealings and TRANSACTIONS Of the
shall be entered, and they shall be
open at all times to the inspection Of the stock
holders.
There shall be exhibited yearly to the stock
holders. at their general meeting for the eieSz
ion OF directors. full and complete account
4 AL the business and affairs Of the Corpora
ion, including general balance Of tbs books.
md statement OF the profits and losses during
he year.
ARTICLE vi.
hal have the privilege Of being employed by
to all others in the business or the
corporation, at salaries to be fixed by the board
II directors.
No stakeholder shall ever be held liable for
he Contracts acts or faults OF the corporation
Or by cause OF any infOrmaity in organizing
II any other circumstances whatsoever in any
urther amount than the loss Of his stock; nor
hall any inforntality in the organization OF
MS corporation render this charter null.
ARTICLE VII
This act Of INCORPORATION may be altered and
mend7d, or the corporation itself dissolved
efore the expiration Of its term, by a vote Of
of the whole capital stock at a.
eneral meeting Of the stockholders convened
nd held for the purpose after thirty days no
&c in two Of the daily newspapers Of this city
ARTICLE VIII.
At the expiration Of this charter, or sooner.
provided for in article seventh, the liquida-
on of the affairs Of this corporation shall be
le stockholders from Amongst themselves; the
'rm OF office of said com H1ssiCnerS, their COM
ensation and duties. as we'll as the manner
nd duration of liqui1ation shall also be fixed
Y said stockholders.
Thus done and executed at my office, in said
ty OF New Orleans, the day, month and year
rst above written in presence Of MessrS. One
pnore Drouet and John Legier, both of this
ty competent witnesses, vino have hereunto
nd me, the notary, the whole after due reading
the foregoing.
Witnesses JOHN LEGIER.
OSCAR DROUET. Notary Public.
I certify the foregoing tn b a true copy Of the
'iginal act Of corporation eXtant in my cur