The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-05-10
CHARTER.
STATE OF LOUISIANA.
PARISH OF ORLEANs--CITY OF NEW Or
LEANS.

STATE OF LOUISIANA.
PARISH OF oRLEANs--cITY OF NEW OR
i LEANS.
be 1t known. that on this sixteenth day o
April, In the year OF our Lord one thonsant
eight hundr d and sew n,y-seyen, and OF The in
depend nce OF the United taos OF 4 .nerica th,
ono hundred End first. before me. Edward Ivy
a Notary Pubic. In and for the parish Of ur
lenns. and city OF New 9r ean., s ,a OF Lon
presence OF the Witnesses hereinhftr mann d
and tho undersigned person ,ly came and ap.
hereunto subscr bed, who declared that availine
thsmee YES Of the provisions OF the statutes OF
tho state OF Louisiana rela i've to tho organza-
/ enanted al agreed. and do by these presents
covenant agree and bind themselves and those
| whom they represent, and all such parton as
whether by subscription. purchase. transfer or
| otherwise to form themselves into and consti-
tuta CORPORATION for the object sand purposes,
and under The etipulations and regulations fol-
''"'A''' :" WV ARTICLE FIRST.
The he Nw "n6 sE III & saS aH.rpss doM
PANY. and iis domicile is hereby established in
| the city OF New Orleans, state OF Louisiana.
Citations In sui againSj the e0rpo alton may
| be seryed on the president, or In his abse noe
! from the city. on the Secretary.
Tho corporation shall have power aud au-
First~To have and to ENJOY succession by it's
corporate name for The period OF twenty five
second--To contract. sue and be sued in it's
ihrd~To make and use a corporate seal.
Fourth--To hold. receive. purchase and con-
vey under Its corporate name property. both
Fif h-io name and appoint such managers.
directors and officers as its interests and con1e-
nienee may require; and
Sixth-To make and establish such bylaws
for the pu, pose OF management and regulation
OF the affairs OF the corporation as may be no-
oessary and proper.
ARTICLE SECOND.
The object end purpo Q for which this corpo-
ration H. esttb ished s the carrying on OF gen-
oral wrecking business.
ARTICLE THIRD.
All the corporate powers OF the company shall
be exercised by a Board Of Directors and such
E. sy bp fe and hs
said 3 Board Of Directors shall consist of five
rss g, % o eus ane Term
Board Of Directors shall DO elected on the
Inst Monday OF December 1877; and annually
thereafter, from the Stockholders. by ballot.
each member OF the company being entitled to
as many votes us ho may have shares subscribed
and paid for. in accordance win the terms here
matter named, the election to be by ballot, ca h
s,ockhoder having the right to appoint proxy
iii case Of his absence. to east his vote not only
for the election Ct directors but III n gu business
In the event of no election taking plac.. on the
day fixed, the President shall cause an election
elect. and shall give notice ther Of by advertise
ment n one or more Of the n wspapers pub
lished IN the city Of New Orleans; ~
Ing In every year. elect a President from Its
number. It shall also elect eecrela,y at the
same time. and all sh4 hold their Offices until
Board OF Directors shall consist OF the following
named stockholders who shall hold IA ,ir office
until their = are aa Aer al1ftea
crews, NJ. Schwartz and H. Meader.
ARTICLE FOURTH.
The capital stock OF this corporation ~ here |
BY two hundred and forty shares
Of fify d liars each; the amount OF each sub |
shall be pay alb In cash at the signing
of these presens. |
ARTICLE FIFTH.
No stakeholder in his CORPORATION shall ever
be- liable or responsible for the contracts or |
faults of the Col poration nor shall any mere
this charter null or Of exposing
stakeholder to any liability beyond the amount
d Ills ''''A' ARTICLE SIXTH.
This charter u ay be modified. altered or |
amended. and the capital stock may be in
creased to ny sum not exc eding fifty thousand
r. neral meeting Of the stockholders, convened
for that purpose, with the assent OF three.
ouhs On amo4n OF ,ae t ~ al n tba
shall become necessary by the rea-
,on OF the action OF the stockholders, by mita
In Affairs shall be immt dlate!y placed In liqui-
iation, under the charge and sup ,,rin.endence
Il In rec commissioners appointed by the Boa,d
lntiI the finai liquidation Of the affairs Of the
company. and the distribution OF Its surplus
funds among the stockholders.
ARTICLE SEVENTH.
The names OF the stockholders. their resi-
iences and number OF shares he'd by eacn are
declared o be such as are subscribed to this act
Of incorpo ation and set opposite each OF their
a thus 'eds done and passed in my Office ct New
Orleans af resaid In the presence OF Thad. ).
both oil this ", who hereuuton sign their |
names. with the parties and me- notary. on the 1
day and date aforesaid.
or's'Aaw' 4lfhsai 3 CRAWFORD.
II. MEADER
r. s. SERklLL
J.D. HAMILTON,
GEO, .. SWEET.
SpPARMiY,
JAS. Wee,
NJ. SCHWARTZ BBO.,
IHAp. J.cLAkK.
ssa.1;} rDT No,a21 Exb,,o
/. the undersigned. Deputy Recorder OF Mort |
cages In and for The parish Of Orleans, city of
New o. leans. state OF LOU :. ana do hereby GER |
iiiy thai the within ana iorsgo ng act Of I'M Or
Ing Uomnany was this day duly recorded in my |
Office in book l5a lolios Ill aid Ill. according to
law.
tSisned, CDARC INTEL.
Deputy Recorder.
New Orleans. May 1. 1877.
certify the above and fnra~oing TO he true |
and correct copy Of the original charter AMI a |
certiflo,t- Il REQ ,rdalion hereof. wv extant in
these n .ee ats utder my nd and impress #
M official seal. this eighth day OF May. A. D. |