The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-06-09
CHARTER
STATE OF LOUISIANA.
PARISH AND CITY or NEW ORLEANS.

seven ees .'V snd Of The indepsndenee 81 tRs
United States q America; the 9 mel hundred 2
e ef1af y WE'VE New orleans, 81 ans a sRa
p psasenes q thew e witnesses hsrsnaiier named
and undersigned, personally, came and ap-
the e sse aaess
ssissse 70 e srssnaa sas " eoppora
lions for works OF public Improvement anu utl-
ity. They have Contracted and agreed, and se dgg
BY these presents covenant and agree and bind
themselves as well as sash psr sons, g. ina, may
and constitute corporation and body polite /, In
law, for the objects and purposes and under the.
| stipulations and articles following to wit
/ ARTICLE FIRST.
BE- THI NV NV bE II AND G RHb II RVEh
| ANsPQRTATtON COMPANY. and By that
a dst for The M enl1s
period Of twenty Ave Years, commeneing from
end after the first day Of July in the year Of our
| seven to contract, sue and be sued to make.
use end have eorporats seal to name and app
Its business may require: and to make and es-
faent and regnlati n OF the affairs of said cor
| poration as may be deemed necessary.
ARTICLE SECOND.
The domieie Of said corporation shall be ia
| the city of New Orleans. state OF Louisiana, and
citations and other legal process shall be served
said corporation.
| ARTICLE THIRD.
| The objects and purposes for which said corr
| pofation is established. and the nature Of the
| business to be carried ON by 1t, are to procure
| and to maintain q good and sufficient number
of steamboats, or other vessels for the transpors
t 2s s r. s tho Of
| any and all business connected with the rum
ming. ghartesing and maintaining # one a. q
Orleans to ali Points on the Mssisspyp river s
and its tributaries. and more especially on Red
be Or q Il aay 1 a
articles of freight or commerce entrusted to
said company. as publ carriers, as well as Of
grant better facilities to the inhabitants Of such
sections to forward yard and e9nysy freight and all
maintain and continue @ freight express
ARTICLE FOURTH.
The capital stock Of said corporation is hereby
declared to be ten thousand dollars, Represented
BY tive hundred shares Of the sum. Of fifty dol
lars each five per cent Of each share shall be
! payable in cash on demand, and to 9 remainder
Of each share shall be pad al such times and In
direct. Any stookholder nsglectipg on refusing
t9 meet and pay the calls Of instg!lments OF his
stts as sy ss a. oasa q Ct 9Th
such installinents being due and payable. shalt
forfeit any and 81 share or shares Of stock upon
said corporation; and the Board Of Directors
may dispose OF such forfeited stock at public OF
poretion. n ], ,gtockholdeg shall dispose Of his
stock. nor shall any transfer be made thereof,
unless by the consent or vote Of two-thirds q
of said company; and the amount of capital
stock q any stoekholder may be increased or
in. this corporation entirely cease and deter 4
mine; as also may The capital stock OF this cor
goration be incrt ased or diminished or res
lations as the by laws or directory OF this com
pany may from time to time prescribe.
ARTICLE FIFTH.
All powers Of this corporation shall be vested
IN Board Of Directors, composed Of i've stock
h9dsrs OF tbs ha corporation pat the nnbeE
the capital stock Of this corporation. Joseph
4 All Aiken Marion Marion II: Woed. Henry j Brlnksr,
n ss' he k' 81 a1 gase Peds1ek hme
their presidsnt, are ese Rsrsby deeIa ssn u
ha aya been chosen and selected q The rss
the first day Of July of The year one thousand Il
eight hundred and seventy eight, or until thsir
ssuooessors shall have teen duly elected On the
last Tuesday Of June in each year an election Il
for dire tors shall lake place ct the office Of q
domicile OF said corporation. under the superin- Il
cd by the Board OF Directors; Of which election a
ten days prior notice shall be given, in oneof
New oeg eng fssp bsea Il the gsy
shall serve until their successor shall have
sssa sssa sbars ory Of yss cast
to one vote, either in person or BY proxy. ANY
vacancy occurring i1 id board from any cause
mnnng ee sfes y a sson R h
quorum, and said board Of directors shall APP |
point such officers clerks or agents and other
business Of this corporation. and have full T.
power to make and establish. as we'll as change.
nny ana a by rules and d r t o
business OF said corporation.
ARTICLE SIXTH.
This act OF incorporation may be- changed
modified, or altered. or this corporation dis
solved with the ass-nt OF three-fourths OF the
eapisal thereof. at any general meeting Of the
stock holders If said corpor ,tion. convened for
meeting shall have been given in two news.N
papers published in the Gil = Of New Orleans.
ARTICLE SEVENTH.
This corporation whenever dissolved, eithey{
cause whatever. shall be ,llquidateds By fhretg
commissioners TO be appoin ted by the board Of
directors. who shall remain in office until the
final settlement and liquidation OF said com
' ~ ARTICLE EIGHTH.
No stockholder shall ever be held liable or rel
poratlon in any fur her sum than the unpaid
balance due 10 the company on the Share.
- ARTICLE NINTH
The names of the stockholders, together witt
the respective number OF shares held by each
are for the present declared to be as signed ans
hereto.
- Thus done and passed at my office. at New
Orleans. aforesaid. In the presence of CharleS
II. Stocker and Paul A. Conand witnesses, both
OF this city. who herennto sign their named
with the parties and me. the said notary, the da5
and date aforesaid.
Original signed: Shares
NOAH sCovELL. ......e... 1t
CHAS. p. TKUsLOW .... D.
JOS. A. AIKEN,........... III
M. ". WOOD, ................ To-
Fl. j. BRTNKER.......... IL
+. W. AMES. MI
@. w. REA III
md ri