The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-07-13
CHARTER.
STATE OF LOUISIANA. PARISH OF Or
LEANS.
CHARTER OF TIE LOUIST ANA MIRROR
MANUFACTURING COMPANY.

CHARTER OF TIE LOUISIANA MIRROR
MANUFACTURING COMPANY.
DE, IT KNOWN, THAT ON THIS SIXTH
- day of The month Of July, in the year OF ur
Lord one thousand eight hundre1 and seventy
eight before me, HEODORE GUYOL, n no.
tory public. duly i4si ned and sworn, for
the parish Of Orleans, State of Loui- lana. and
named and unde signed. personally appeared
the parties whose names are hereunt' sub
scribed. who declared that avail ng themselves
of the provisions of the laws of this State re-
la ing to the organization Of corporations, OF
public improvements and other PURPOSES they
nave agreed 10 form themselves into an assO-
citation for the objects and under the conditions.
stipulation and regulations hereinafter fully
set forth as the charter by which said corpora
ton shall be- govf rnef.
ARTICLE FIRST.
The CORPORATE name this association shall
be the LOUISIANA MIRROR MANFACrUR-
ING COMPANY.
ARTICLE SECOND.
The place Of business and the legal domicile
of this association shall be the city of New Or
ARTICLE THIRD.
The object Of this company shall be to manu-
Iacture ard repair mirrors and to sell me same,
relating to this branch of business.
ARTICLE FOURTH.
The capital stock of this com pany ia hereby
fixed at the sum of THIRTY THOUSAND Doll
LARS. repI esented by 5000 THREE HU NDRED
SHARES Of one hundred dollars each; said
shares pay able per installment If three dollars
each, the first instalment being due when the
whole stock Is subscribed and the Others at the
time and in the manner determined by the
Board OF Directors.
ARTICLE FIFTH.
This company shall go into effect and COM
menoe operations from he date hereof.
ARTICLE SIXTH.
Receipts signed by the Pre- ident and secre-
tary STALL be given to subs 'riberS for the
amount paid iu cash. Sal receipts shall be sur
rendered to the company on issuing certificates
- ~ ARTICLE SEVENTH.
This company is tn exist and continue for the
full term of twenty five years, but may be dis
solved at any ,ime before with the as-ent of the
stock hodrs repre- ented Ct meeting express
JOrity OF tWO-third5 OF the votes present shall be
ARTICLE EIGHTH.
This company shall be- capable in law to buy,
sell, mortgas g. take rec i've. hid and in any
mqnner acquire real estate. 1t Stall be and l.
hereby authorized ard empowered to make
rules BY laws and ordinances and to do and
perform any and everything nredful for its
government and support not repugnanr to the
constitution and bylaws of the Uuited States
incorporation.
ARTICLE NINTH.
This corporation shall have seal having the
name OF the corporation in The margin.
ARTICLE TENTH.
This company shall have the power to cite
and be cited, to sue and bs sued. The Presi-
dent. or In his absence the Secretary of the
company, shall be- he proper persons upon
W ON to serv such CT at 'ns or al other docu-
mentS r writs in MI Suts against the company.
All contracts and inst umrnis OF writing ap-
proved by the Board Of Dt ector5 shall be
Sign q by the President and countersigned by
the Secretary of this company.
ARTICLE ELEVENTH.
The h1pfnpas nj thia ppmnanv shall he man.
aged by Boa d of Directors. consisting Of fivr
stOckhol lers, each of whom shall own in his
stock If this company. Three Directors pres
| ent at any meeting shall constitute quorum
| fully AUTHORIZED tS do and perform all acts
nee ssary for conducting The business OF said
''-' '''N ARTICLE TWELFTH.
| The officers of this com any shall be Presi-
| dent Secretary and such other assistants or
clerks as the Board Of Directors may appoint:
The President shal preside at all me tings OF
the Board OF Directors, and In his absence. by
| shall appoint a Presideut pro tenn. The Presi.
| dent and Seer tAry shall perform all the duties
| appertainIng to their respe tive Offices,
ARTICLE TBIR1 ZENITH.
The Board of Directors shall he elected bJ
year by ttockhodes voting in persmn or BY
PROXY at the office of the company. The per.
sdsre9 eeee sR m board or Of Pe 6
| elected shall take their seats on the fDIoWln
| Monday and shall hold the same one veal
therefrom, or until others are qualified 70 act IL
| their stead.
ARTICLE FOURTEENTH.
Each share of stock shall entitle the stock.
| holder owning the same to one vote. No trans.
! fer of stock made within the thirty DAYS pre-
| transferee to cast his vote at such election,
| ARTICLE FIF TENTH.
The Board Of Directors, at their first meet
ing after their election, shall choose one o
kaF,A, fS,Ff hip ton
and ga election shall be by ballot and by
MAORI OF the whole board.
ARTICLE SIXTEENTH.
The Board OF Dir ctors shall appoint FEC
rerary AID such clerks or employ ee as may b.
| required, and remove them at pleasure, ant
shall fix the salaries Of all officers and en-
ployeea OF this company. The board shall ais
! have power 10 supply any vacancy that MAJ
occur among the own humber
ARTICLE SEVENTEENTH.
The sfockh lders in no circumstances what
ever shall be Liable for any amount beyond tina
of their subscription.
ARTICLE EIGHTEENTH.
Books FIR the registry and transfer of shares
open AM keut subject to the restriction!
shall he made on laid books, and signed by thu
shareholder or. his attorney ia fact. which
books the Board of Directors may close at sucf
periods and at such times as exDediency ma!
A'NO''0' ARTICLE NINETEENTH.
failure to elect Directors on the day named
for that purpose shall not dissolve this ass ocia
ton, but the Directors then In office shall hole
ov"r until their successors are elected md quail
flied. In case from any cause an electi IN shall
n he made ON the day appointed therefor, /
shall be the du of the President to order al
election to take place within fifteen days there
after, ha giving notice OF said election In con
fOrmitY with article thirteenth.
ARTICLE TWENTIETH.
Minutes of all the proceedings Of the Board o
Dire ctOrs shall be kept by the Secretary AM
and Secrytary shall sign all all moi notes. drafts
checks. certificates Of stock. contracts and al
evidences Of debt Of nd company,
| ARTICLE TWENTY-FIRST.
This charter may be modified or altered. an
the capital stock increased or reduced, with th
consent OF two-thirds of the stock .rrpresente,
10 general meeting of the stockholders con
vened rOr that purpose aft or thirty days notice
by publication in auy daily newspaper In tn
city Of New Orleans.
ARTICLE TWENTY SECOND.
RVH