The New Orleans daily Democrat., 1877-09-02
CHARTER.
UNITED STATES OF AMERICA,
STATE OF LOUISIANA.
PARISH or ORLEANS.

L w
- tieth day OF the month of February, In the
year Of our Lord ane thousand eight hundred
| aud seventy seven. before me. Oscar Dtouet.
notary nubicin end for the parsh and city of
New Orleans, duly commissioned and sworn.
mud IN presence Of the undersigned witnesses.
personally came and appeared the Subscribers
thine IN numberl. all being residents of this
city and prQprletprs of set1er and mineral
water manufactures established In this city,
themselves Of The privileges aud rights afforded
by ap act Of the Legislature Of this Htnte. On.
titled An oct for the organiza ion Of cor pora-
tiens. approved March a. 1855, they. had cove
nanted contracted and agreed and they do, by
these presents. covenant. contract and agree to
| associate themselves together aud to form u
and selling seltzer mineral, and all other
aarated waters, in the city Of New Orleans. end
to this end aud purpose they have established
the following rules and regulations for the
governance Of said corporation:
ARTICLE |.
The name IN "a, end style # thig eqrneratton shel
Be BE- the 6 gREsGpSNsr + ,p5 Y CITY sEdTl ASR MIN
ieil shall be in the city of New Orleans.
1t shall commence business mmetiiatel y and
shall exist for. the term Of ten years from the
net hereinafter provided, during which time 1t
shall exercise and enjoy all the powers. rights
and privileges granted by law to corporations.
II shall have 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
ARTICLE III.
The objects and purposes of this corporation
are declared to be the manufacture and sale of
seaer, mineral and all other aerated waters
ErM ua~ ARTICLE III. M s.s4sss
Tho capital stock Of this corporation shall be
eleven thousand six hundred dollars, divided
into nine shares. ali of which said shares have
been and are hereby, declared to be full paid
Transfers Of stock shall be made only on the
books OF this corporation Mt its office and no
sale or trhnsfef, thereof shall be made by. the
intention to transfer or sell said stock shall
have been given to the president of the oorpo-
ration, and unless also this corporation.
members Of said corporation shall have had the
privilege Of purchasing said share or shares Of
aanlal stock at the 2, bona ilde price offered
fault Of any such offer, ut the market value OF
such share or shares
ARTICLE ".
All the powers of this corporation shall be ex-
ercised by % board Of directors eompossd of
five stockholders. o majority Of whom shall be
aauorum for the transaction of NIL tho business
o the rorporntion
The board Of directors shall annually. at
their first meeting, elect one Of their members as
president who shall hold his Office for the term
OF one year. or until bis successor Is elected
The president shall preside Mt all meetings of
the beard of directors and shall conduct and
manage the business of the corporation gen
orally. under the supervision of the board of
In the absence or inability to act Of the pres-
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
us they may deem proper to fill any vacancies
IN their number. and genetal " to do and per-
necessary to carry into full effect tue objects
and purposes of this corporation Minutes
shall be kept Of all the meetings Of tho board.
The first election Of directors shall be held nj
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 which
rs fhn tI,n H.
stockholder. and in the event Of no election
taking place on said day 1t shall be postponed
until an election be had. notice being given as
aforesaid
At all elections or meetings eaeh stoekhoder.
either in person or by proxy, shnll be entitled
to one vote for each share Of stock held by him
and the persons reeeiying tho number Of votes
representi%ng re- % % majority IN amount Of the cap,,
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 bs entered. and they shall be
open ut all times to the inspection Of the stock
holders.
There shall be exhibited yearly to tho stock
holders, ut their general meeting for the elec-
ton Of directors. full and complete account
81 the business and atiuirs Of the corpora
ton. including u general balance of the books.
and statement of the profits and losses during
the year.
ARTICLE VI
The said nppearsrs toriginat stoekhoders)
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 bonrd
of directors.
No stock kholler 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 informality 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 mt u
general meeting Of the stockholders convened
and held for the purpose after thirty days no.
tice in two of the daily newspapers Of this city.
ARTICLE VFII.
AT the expiration Of this charter. or sooner
as provided for In article seventh. the liuuida-
made by three commissioners, TO be chosen by
the stockholders from amongst themselves: the
term of Office of said com mmissnners. 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, who have hereunto
signed their names with the said subscribers
and me, the notary, the whole after due reading
Of the foregoing.
Witnesses John j. RssYIah nEaIER.
OSCAR DROUET, Notary Public
certify the foregoing to bs n true copy Of the
original act OF corporation extant in my cur
~ r1tn