The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-06-14
CHARTER.
sTATE OF LOUISIANA.
PARISH OF ORLEANS tTY OF NEW Oh.
LEANS.

LEANS.
| I,e Il known, that on this sixteenth day Of
April, Id The year Of Our Lord one thousand
eight hundrt d and sev tty4seyen, and Of The ifis
dependence Of The United states OF ssmeriea ths
Notary Public, II. and for the parish Of Or
leans. and city OF New Or cans state of Lou
isiana duly e9 , aha anated and r.
and the undersigned, personally came and ap-
pc red the Sc eral parties whose names are
themselves OF the provisions OF the statutes OF
the state Of Louisiana rsla I've to the qrgansa-
p a9 IL an sa Pc ba ss hays
covenant. agree and bind themselves and those
whom they represent, and all such persons as
whether by subscription, purchase, transfer or
otherwise. to form. themselves Into and oonsti~
and under the stipulati0ns and regulations fol.
lowing, to wit
| ARTICLE F1RsT.
The name .,J ana All tls # e saia sorResstIqn shell
PANY, and is demieile is hereby established In
the oity Of New Orleans. state Of Louisiana
Citations 10 s ,n agapss the sorp9tation may
| from the city, on the Secretary
| The corporation shall have power and eu-
| First-To have and to enjoy succession nv it's
corporate name Tor the period Of twenty-five
Second TO contract, sue and be sued In is.
| CORPORATE name.
| third To make. and use corporate seal.
| Fourth-To hold. receive purchase and cons
vey under its corporate name property, bot1
| real and personal.
| Fifh-Io name and appoint such managers.
directors and officers It's interests and eonys~
nence may require and
| si4th-To mako and establish such by-laws
for the purpose Of management and regulation
OF the affairs Of the corporation as may be na-
eessary and proper.
ARTICLE SECOND.
| The object end purpose for which this oorpo-
ration IN established IS the carrying on Of gems
era wreeking business.
| ARTICLE Third.
| All the corporate powers Of the eompsny shalt
| be exercised by Board of Directors end SUCH
officers as they may appoint and oil Its bu snsss
shall be managed by the President and the
said board Of Directors shall consist Of flya
persons. any three Of whom shall form q
quorum for the transaction OF business.
Board Of Directors shall be elected on ths
last Monday OF December. 1877. aud annually
| thereafter, from the Stockholders By ballot
each member Of the company being entitled to
| as many votes. as he may have shares subscribed
and paid for IN aeegtda,nee WITH TIE terms here
stakeholder having the right to appoint proxy
IN case q big absence. 70 cast bis vote not only
| necessary to be had In the Bodrd of Directors.
In the event OF no election taking place, on the
e d VII ret ten days ea' Ire asTe 70
elect, and shall give notice there Of. by advertise
tnent in one or more Of the newspapers pub
| Tho Board OF Directors shall. a. its first meet
Ing In every year. elect o President from It's
time ssd a s od sr oye q a nh
their Successors are duly elected. Ths first
Board Of Dirsefors shall consist of the following
until their successors are duly elected and
analiaedi q. r Parmly. r. s. eerrill. q. An
irews. M. Schwartz and III. Meader. sas
ARTICLE FOURTH.
Jhe CAPITAL stock OF this CORPORATION is here
al r,ft gtttue fH.ucnn nd
| represented BY two hundred and forty shares
of fifty dollars each the anount 81 each SUB
seription shall be- payab In cash at the signing
Of these presents.
ARTICLE FIFTH.
NO stakeholder In his corr Grafton shall ever
be liable or responsible for the contracts or
informally In organization have the effect OF
rendering this charter null or Of exposing %
stoekhodsr to any liability beyond the amount
% "'' ''''A ARTICLE SIXTH.
This charter n ay be modified altered Or
Iamended, and the capital stock may be In
tereased to hny sum not exceeding fifty thousand
general mssting 81 ths stsskholdsrs convened
eatns III YER lie L ii u =
CORPORATION shall become necessary By The req
ts affairs shall be Immediately placed In lidui.
dation under the charge and superintendenes
Of three commissioners appointed by the Board
until the flnai liquidation 81 the afrairs Of tho
company. and the. distribution OF Its surplus
bonds among the stockholders.
Il ARTICLE SEVENTH.
The names OF the stockholders. their resi-
dsnces. and number OF shares held by each ary
declared TO be such as arc subscribed to this act
Of incorporation, END set opposite each Of their
| names respectively.
Thus done and passed in my offlee at New
Orleans aforesaid in the presence of Tbad. j.
Clark and jus. d. Tilden, competent Witnesses.
both OF this city who hereunton sign their
names. with the parties and me. notary, on the
day and date aforesaid
wALIgk . CRAWFORD
II. MEADER,
II r. 8. sEREILL.
ID HAMILTON
II GEO o. SWEET
s.P. PARMLY,
JAS, w, FEE
i N. sCHWAETz & BBO.
| G. ANDREWS
Il THAD. ]. CLARK
Il I'D. T1LDBF.
! SEAL EDw ut.aol gyt,.
l. the undersigned Deputy Recorder Of Mort
Cages in and for the parish OF Orleans, city OF
tify that The within and forsgo pc act Of lneor-
poration or charter Of the New Orleans Wreck
ing Company was this dav duly recorded In my
Office in book 49, folios Ill and 112, according TO
lsignedJ C.DARCANTgL..
Deputy Recorder.
New Orleans. May 4. 1877.
certify the above and foregoing TO be atrue
and eGr.e Copy q the 9Fgna eharsr rta ana
my current register. In faith whereof grant
these presents, under my hand and Impress Of
my official seal. this eighth day Of May a. u.
mys EDWARD IVY. Notary Public.