The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-09-18
CHARTER.
UNITED STATES OF AMERICA,
STATE or LOUISIANA.
PARISH OF ORLEANS.

ID tielh day OF the month Of FEBRUARY, in Tie
yer q our Lord enc thousand EIGHT hundred
notary public In and for the pafisl and city u
New Orleans, duly commissioned and sworn,
and In pt,esenee OF the undersigned witnesses.
fnine In numberl. all being residents Of this
city and pt2ptietprs Of setter and =, mineral
waet manulaetories, estaplshed IN this ,fIty
themselves Of the privileges and rights afforded
ny ap act Of the Legislature Of this. state, on
| tions., approved March IA, 1866. they had cove
| 1anted, contracted and agreed and they do, by
these presents covenant. contraet and agree to
| corporation for the purpose Of manufacturing
and selling seltzer, mlneralt and all other
b avg Waes a In tine ey r. N@ v esa f
the following rules and regulations for the
| gevernanee Of said corporations
| ARTICLE |.
TIKI na aa ana tgle # this e2rp2ra9s Shg
NhfERs VIA sThl aSR a DOM
| icll shall be In the city Of New Orleans.
It shall eo,ninepee business INN edatey cpd
dae hereof unless sooner dissolved II he man an
| nef hereinafter provided during which time it
| shall exercise aud enjoy ali the powers, rights
| It shall have seal with such device as the
| board Of directors may hereafter adopt The
whom al citations and other legal process shall
| be served ... .
| ARTICLE ILL.,
T4e s geses e and BH"ngssa t this sgpgrqoa
settler. mineral and all other aefated waters.
ARTICLE ILL.,
| The capital stock of this CORPORATION shall he
| eleven thousand six hundred doafs divided
| into nine shates all Of which said shares have
| been and are hereby declared to be full paid
| Transfers Of stock shall be made only pn the
| books OF this corporation at It's office, aud no
sale o. transfer, thereof shall be made By, tie
| Intention to transfer or sell said stock shall
| have been given to the president Of tlie cofpo.
ration, and unless also this corporation.
| members Of said corporation shall have had lie
| privilege Of purchasing said share OF shares of
capital stock ct tbs, bona fde price offered
| therefor outside Of this corporation or lii de-
| fault Of any such offer. at the market value Of
| such share OF shares.
ARTICLE ".
All the powers of this corporation shall be en-
ereised by q. board Of directyrs. composed Of
Ave stockholders, a majority Of whom shalt be
q quorum for the transaction Of all the business
III the corporations,
the board Of directors shall annually. at
their first meeting elect one Of their members as
president who shnll hold his office for The term
oil. one year, OF until his successor Is elected.
The president ehall preside ut oil 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
| In tile absence or inability to act Of the presi-
dent the board Of directors snail appgibt one Of
| their ne n,bsls to act In his place. They shall
j. their hgmber.. and Iessaeiailly to DO and per
necessary to carry into full effect the. objects
| and purposes Of this corporation. Minutes
shall By kept Of all the meetings Of the board.
| the office of the corporation on this. day. and
| thereafter on the first Tuesday Of january Of
each and every year, due written notice Of witch
a IA no u nv ia tG
stoqkholder, and in the event Of no election
| 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
aforesaid
Al iii elections or meetings each stakeholder
either in person Or by proxy. .shall be entitled
to one vote Tor each shars of stock held by him
and the persons receiving the number Of votes
tai stock shall be considered as elected, 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 ut all times to the inspection Of the stock
There shall be exhibited yearly TO the stock
holders. at their general meeting for the eec-
tion Of directors. full and complete account
ton. including general balance Of the books
and q statement Of the profits and losses during
tho year.
The said appearers Original stoekholders)
shall have the privilege Of being employed by
preferences to oil 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.
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 u vote Of
three foufths OF the whole capital stock ut q
general meeting of the stockholders convened
aud held for the purpose after thirty days no
toe 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 lquida-
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 com issiF nerS their COM
pensation and duties, as well as the manner
and duration OF liquidation, shall also be fixed
by said stockholders.
1tus lfUug anti executed I'll HI efHGe, III said
city Of New Orleans, the day. month and year
fret above written. in presence OF Messrs. One
CITY, competent witnesses. who have h6reunto
signed their names, with the said subscribers
and me- the notary, the whole after due reading
OF the foregoing. ,o,,,,,r
Witnesses z. Rs9 ngalER.
OSCAR DROUET. Notary Public.
certify the foregoing to bs n true copy Of the
original act OF corporation extant In my cur
rent register. OSCAR DROqBT.