The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-09-25
CHARTER.
UNITED STATES OF AMERICA.
STATE OF LOUISIANA.
PARISH OF ORLEANS.

year OF our LORD one thousand eight hundred
ana 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
mine IN numberl, all being residents Of this
city and pr2prietors Of setter and mineral
which appearers being desirous OF ayailing
themselves of the privileges and rights afforded
by an act OF the Legislature OF. this State. en-
tions, approved March H. 1856. they had cove
nanted. contracted and agreed and they do. by
these presents. covenant. contract and agree to
associate themselves together and to form q
corporation for the purpose of manufacturing
and selling settler. mineral. and all other
aerated waters. in the cty. Of New Orleans, and
the following rules and regulations for the
governance of said corporation:
ARTICLE 1.
The name and style Of this eornoration shall
be the CREsCENT CITY sELTI AND MIN
icl shall be in the city of New Orleans.
1t shall commence business INN ediately and
shall exist. for. the term Of ten years from the
date 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 a 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
0' ~ ARTICLE III.
The objects and purposes of this corporation
are declared to be the manufacture and sale Of
seltzer. 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 bs full paid
Transfers Of stock shall be made only on the
books Of this corporation at its office, aud no
sale or transfer thereof shall be made by the
nyun ha nj q Ytvf uv .tn 81
intention to transfer or sell said stock shall
have been given to the president of the corpo-
or. in defaut thereof any one i or more
members of seid corporation shall have had he
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-
ercised by board of directors, composed of
five stockholders, q majority of whom shall be
q quorum for the transaction of all the business
oil the corporation.
The board Of directors shall annually at
president, who shall hold his office for the term
OF one year. or until his successor is elected
The president shall preside ut 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 fiji 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 1t 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 stakeholder,
either In person Or or 6y proxy shall be entitled
and the pa SOL si recevng The number Of votes
tai stock shall be considered as elected D and and
shall serve for the term of one year, or until
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
holders.
There shall be exhibited yearly to the stock
holders. at their general meeting for the cleo
ton Of directors. full and complete account
ton. including general balance of the books
and statement OF the profits and losses during
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 stakeholder 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 dissolved
before the expiration OF its term. by vote Of
three-fourths OF the. whole capital stock at a
general meeting OF the stockholders convened
and held for the purpose after thirty days no.
tiee 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. as we'll 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, VINO have hereqnto
and me. the notary, the whole after due reading
of the foregoing.
Witnesses JOHN e RKq IEGiER.
OSCAR DROUET, Notary Public.
certify the foregoing to BE- a true copy Of the
original act of CORPORATION extant in my cur
rent register OSCAR DROUET,
Notary Public,
l. the undersigned. Deputy Recorder of
Mortgages in and for the parish 81 Orleans.
within and foregoing act of Incorporation was |
this day duly recorded in my office, according
to law, in Book No; ~ 2,r fo1ios 49, 81 ana SO.
New Orleans, February 49, 1877. seq
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