The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-06-29
CHARTER.
STATE OF LOUISIANA.
PARISH AND CITY or NEW ORLEANS

DE IT KNOWN. THAT ON THIS THIRTY
-. - first r. day Of May. In the year Of our Lord
United States Of A%erea the one ha q ts9
Fs pb hsfoGs and md faf ;Gs h Parish 1r ana
city of New Orleats, State of Iotiisians.
auly commissioned. and qualified, and In the
anu Undersigned, personally came and APP
P eaa the several persons whose names are
y lib who y ea aysn
State relative to the organization Of eorpores.
iIon $40 Tor works OF public Improvement and uil-
. ny tnese presents covenant and agree and bind
bsrsafpr a as well as such persons as
and constitute corporation and bOdy f,0ljfin II,
law Tor the objects and purposes and under the
stlpulatlons and articles following, to wit
ARTICLE FIRST.
he The H pam sa ana ls e said shall
TnANsPoRTATfoN ooMfAHNRY n any b t. XIII
name shall have power and authority to eninw
succession and exist for the fall term and and
and after the first day Of July In tie year III otr
Lord one thousand eight hundred aud seventy
seven; to contract, sue and be susd to make.
| use and have corporate seal to name and mn.
| point such managers. directors and officers. as
tts business may require; and to make aud es-
tablish such bylaws for the proper MANAGE
fneht and REGULATE u of tho affairs Of said COR
poration as may be deemed necessary
ARTICLE SECOND.
| The domieils Of said corporation shall he In
the city OF New Orleans. state Of Louisiana and
c,ia t and other legal process shall be served
said corporation.
ARTICLE THIRD,
The objects and purposes for which said cor
,pora.on Is establighsd and tho nature Of tho
OF steamboats, or other vessels, for the Transport
talon, ior COMPENSATION, of passengers,
trelghts the ma ma ls eto. and the transaeton OF
ming, .ehartering and maintaining Of one or
more lines Of, steamboats, rom the city Of New
Orleans to all points on the Mississippi river,
liver the ersaon a If ot tegp On Med
me nnderwrltlng or Insurance OF any and all
s 81 COMPANY, as public carriers. as well rs Of
s ny NJ SO as 70 afford and
saon pser ar,var 70 ne o. such
maintain and continue freight express.
=. ARTICLE FOURTH.
:, me capital stock OF aid corporation fs hereby
aseared to Pc ten a thousand " dollars
lars eaeh i've per cent Of each share shall be
payable in cash on n, demand and T. 9 remainder
saet amounts hs the Board Of, Directors may
direct Any stoekhodsr negleetipqg or refusing
stock. ordered by said board Of Directors, with
In thirty days from the publication OF notice of
sueh lnstallIDents being due and D iyable. shall
forfeit any and al share or shares of stock upon
which any pstallments may be due in favor OF
SAID CORPORATION: and the Board Of Directors
private sale for the use and benefit Of said cor
poration. n ,sstockholder shall dispose Of his
stock nor %. shall , any transfer be made thereof,
the actual amount Of capital stock subscribed
Of said company and the amount of capital
diminished, or the interest OF such stakeholder
in this corporation entirely cease and deter-
mine, as also may the capital stock Of this cor
Borhtion DO more ased or diminished or re-
dueed, In sueh manner and under sufh regu-
pany NAV from time 10 II time nreaari h. .is COM
ARTICLE FIFTH
all powers Of this corporation shall be vested
holders OF this corporation, but the number
thereof may. however. at any time bs increased
to seven BY 2 vote Ct two-thirds n amount o.
the capital stock Of this corporation. Josepb
fsaae II. Konns end FrsdernEy Il " Df Amss
t Waeh the 81 q Joseph A. AIKEN, az
.ad pe ~ u umossa hau seiec,el ~ vie nrss
he flrst dav ~ Ii' ~ nc e o,u o t,,
eieht bnndrs ID and VI me KIT one th2o s,
m So !, sh T. seventy u uhtl Inelr
1ant 5It',i h I e.h uuly eecteo Un !ne
for directors shall take place 1t the office or
tendence Of tbrts Observation-Disclosures 10 he Snpoint
ed nv the Roard nj Diractors ~ ,ybinb aic.,ny
ten days prior notice shall be given in one 81
the daily newspanera pnbliebed In tho citv ~
New Orleans. and The direetnra then no s Jy
55n l serve nntli their sucees sors snail nave
elect, and each share of stock shall be entitled
to cue vote. either in person or by proxy. Any
vacancy occurring in i'd board from any eause
shall be filed by election By the re-
directors. Three directors shall form
q quorum, and said board of directors shall ap-
point such officers, clerks or agents and other
employees as may be- deemed necessary for the
business OF this corp ration, and have fun
power to make and establish, as well ~ change.
any and all by laws rules and regulations for
the support and management Of the affairs and
.,z....esx - s,-
ARTICLE SIXTH.
frb4s sat ~ troor,o.o.,or n.., ha o,ax,.1
mndifed mr. aitepag re t}fs my 90 ii
q lived with the ass nj III three. fourtha ~ The