The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-09-11
CHARTER.
UNITED STATES OF AMERICA.
STATE OF LOUISIANA.
PARISH OF ORLEANS.


DE IT KNOWN THAT ON THIS TWEEN
ID tieth day of the month of February in. the
year OF our Lord enc thousand eight hundred
nna 6s er fs me- 1er and v
New Orleans, duly commissioned and sworn,
and in presence of the undersigned witnesses,
mine In numberl, all being residents of this
city and preprietors of settler and mineral
wa'er manufactures established in this city.
themselves of the privileges and rights afforded
by an act Of the Legislature Of this State, en-
5 s Ma s 2gzRb s OF sd
nanted, contracted and agreed, and they do, by
these presents, covenant contract and agree to
corporation for the purpose of manufacturing
and selling settler, mineral, and all other
aerated waters. in the city Of New Orleans, and
to this. end and purpose they have established
the following rules and regulations for the
govetnanee Of said corporation:
ARTICLE l.
The name and style of this CORPORATION shall
TRAI WATERS MANuFA6TORY. and It's dom
icil shall be In the city Of New Orleans.
1t shall commence business immediatel and
da o hereof. unless sooner dissolved in the man
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 u seal with such device rs 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 III.
Tho objects and purposes Of this corporation
are declared to be the manufacture and sale of
settler, mineral and all other aerated waters.
ARTICLE III.
The capital stock of this corporation shall be
eleven thousand six hundred dollars, divided
into nine shares all of which said shares have
been and are hereby declared to be full paid.
Transfers Of stock shall be made only on the
books of this corporation at its office. aud no
| frnr - fnrft nE oh hI, nIn htyf
owner nor be valid until sixty days notice Of tho
intention to transfer or sell said stock shall
have been given to the president OF the eoroo-
or, in default thereof. any one or more
members of said corporation shall have had the
privilege of purchasing said share or shares Of
capital stock at the bona fde price offered
therefor outside of this corporation or, In de-
fault of any such offer, at the market value of
such share or shares
ARTICLE ".
All the powers of this corporation shall be ex-
ereised by board of directors composed of
five stockholders, majority of whom shall be
aquorum for the transaction OF all the business
OF the corporation.
The board Of directors shall annually at
their first meeting. elect one OF their members as
president who shall hold his office for the term
of one year. or until his successor is elected
The president shall preside at all meetings of
the board of directors and shall conduct and
manage the business Of the corporation gen
orally, under the supervision OF the board OF
directors
dent the board Of directors shall appoint one Of
their members to act in his place. They shall
have the powerto 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
and purposes of this corporation. Minutes
shall be kept of all the meetings Of the board.
The first election Of directors shall be held at
thereafter on the first Tuesday of January of
each and every year, due written notice Of which
election shall be given by the president to each
taking place on said day it shall be postponed
fifteen days. and every succeeding fifteen days
until an election be had. notice being given as
AT all elections or meetings each stockholder,
either in person or by proxy, shall be entitled
| and the persons receiving the number Of votes
| representing q majority in amount Of the .capi.
tai stock shall be ar I as ee and
their successors are duly elected. %
ARTICLE V.
Proper books of account shall be kept. in
which all the dealings and transactions of the
CORPORATION shall be entered and they shall be
open at all times to the inspection of the stock
There shall be exhibited yearly to the stock
holders ut their general meeting for the cleo
| ton of directors. full and complete account
| of u ! the business and affairs of the corpora
| ton, including a general balance of the books
and a statement of the profits and losses during
| the year.
ARTICLE vi.
The said appearers (original stockholders
| shall have the privilege of being employed by
preference to all others in the business Of the
corporation at salaries to be fixed by the board
| of directors.
No stockholder shall ever be held liable for
! the contracts, acts or faults Of the corporation
| nor by cause of any informally in organizing,
| or any other circumstances whatsoever in any
| further amount than the loss Of his stock nor
| shall any informally in the organization of
| this corporation render this charter null.
ARTICLE VII
This act of incorporation may be altered and
| amended, or the corporation itself dissols ed
| before the expiration of its term, by a vote of
| general meeting of the stockholders convened
| and held for the purpose after thirty days no.
| tice in two of the daily newspapers OF this city
ARTICLE VIII
| At the expiration of this charter, or sooner
as provided for in article seventh, the liquida-
| ton of the affairs of this corporation shall be
| made by three commissioners, to be chosen by
| the stockholders from amongst themselves; the
| term of office of said commissioners their COM
| penSation and duties, well as the manner
and duration of liquidation shall also be fixed
| by said stockholders
| Thus done and executed at my Office in said
| city of New Orleans, the day, month and year
| first above written in presence of Messrs. One
| siphore Drouet and John Legier. both of this
| city, competent witnesses. who have hereunto
signed their names, with the said subscribers
and me, the notary the whole after due reading
of the foregoing.
Witnesses Z RKG GEGiER.
OSCAR DROUET, Notary Public
| certify the foregoing to be true COPY of the