The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-01-05

STATE OF LOUISIANA.
PARISH OF ORLKANS-CITY OF NEW Or
LEANS.

ID teenth day OF December. in the year Of our
Lord one thousand eight hundred and seventy
eight. and Of the Independence Of the United
before me, Nicholas Browse Trist. notary
public In and for the parish OF Orleans. State Of
and In the presence q The Witnesses ssf hereinaier
named and undersigned. personally came and
appeared the parties whose names are here
themselves of the. provisions Of the stat
tive to the ORGANIZATION Of corporations.
lated, and by these presents do covenant. agree
and stipulate to, form themselves Into q body
under the stipuiations. obligations and reguia-
lions following. viz:
The nsme spa TILE Fl THE eqEg2Tatien shsl
saN9hE sha SsTs IL doma anal c2m
office In the city OF New Orleans. and shall have
and enjoy corporate powers and privileges for
% q Is
II shall have and use cooperate seal. with
Board q Manaeers may decide upon,
The president Of the corporation shall be the
ss 0 g. and other
ARTICLE H.
The objects and purposes Of this corporation
are to print and publish. under the cooperative
system. q newspspsr. and TO carry on general
eonnecsd and sns sSs oonss
Quent diffusion Of knowledge and general In
formation to promo,e the commercial. indus
slat s9ciai ana pohucal interests Of the people
y. ''.-' ARTTC1,E TIT
The capital stock Of. this corporation is here
by fixed at one hundred thousand dollars, d.
yided into one Thousand shares OF one hun,
and INV shares sbai Sa ous nrmGqrea 20
Dupre. d. J. Hearssy. John HSeussin and Albert
Y; ysn1n; ,ate propri;edSors o. tne New Orleans
70 ssr hn.a IL si IL sh y th9 saio anu
ton q the sad yps ns
good will. fixtures and everything belonging
paper and job printing establishment
WITHOUT exception or reservation. and
Tree from ell encumbrsnees Of every char
Ing five hundred and fifty shares shall
ps sss b Ss
dividends to which TIE above paid stock
liz d the prsssnt rn 81 Geo. sn{ Ws panrs
transisrred Or out Of the s,arnings q THIS coT-
said padnp capita stscf shaII Recn 81 tn tba
property Of this company.
NC s9ck 81 s shall - ever 6
amount OF one Thousand shares Of one hum
bred dollars each. and any shares that shall b.
ton shall Be opened % Subscription By inds-
yidual stockholders under such ru,es and regu-
lations a. the Board OF Managers may prescribe
auy ss 81 od M - ssocf o. ans cGm
!Ssssoi unless iaIl paid; ana 70 TEL can $
corp 20 which shall have TIE privilege q
he ooIDSlsticn shsSla a decline q pafcSsss t6so
ss 1na ~. hsvs me ae..sas % me
Hc stcR sse 10 soc up4n rhe snne
u 'D0 wi Doi"1o aprrcrrv
The affairs &, # IT. this sorporaton shall Be pan
ercised. by Board 81 Manaosrs. whicS oshall
consist Of seven members. any i've Of whom iMn
businsss. TSPee1 Of said ii members shaii h be-
chosen b. the holders Of said paid: up stock the
rnpad oR two reo q i b y t
newssr r one IRON and ne EDITORIAL room and
POSED Of the following named psysons George
SShrlstophsr -, Es1ansssssr. We: + BsrIox: TIN;
aold ofce until III their successors shall have been
uT ~ 9 tp Tr Suy ms c....x. - ...h
year. ten days previous notice thereof being
oaotinn Tor manonars ~ "h,o ~ ~ "A
al a ha heid hv the otoct az re nssSoa ~
tha ou ~ W. aoh ~ b tny o.
titIed ei,har IN nsraon - ~ yna n
tha honda - andthar stoak ~ p,oou ~
on each s6ara 81 tha az nitoi .t1n hd ~ UIT rVs7
Said Board OF Managers shall, at their first
meeting. elect one Of their number az president
Of the company. ana they shall nave the power
70 make AZ al such bylaws rules and regulations
lor the government 81 the Affairs Of this com
pahny as taey may deem proper; ana 70 alter
ana amend the same whenever they may con-
slider 1t necessary 20 to do.
Tne Board OF Managers shall fuEthermose
nave the power 20 dismiss from the ass0-
cia!lon any member AGAINST whom charges
OF improper conduct or malseaeanoo IN the line
q DUTY derogat0rY 70 the principle OF co-opera-
1on OF the association. which may have been
memper on the ASSOCIATION. snd sustained to the
saeisaacuon 81 swq-tnlIds q tne wnole BoarM o.
Mana&eIS: aIter paiot ~ que 10rn taken. me
s st.ock n9io ~ suen olsMlsseu me1DeI snail 20
u,spv5o1a ~ ~ .ne san2 ma1ngg ~ y 1ekgtn
pIOvlaoo ZOE Inc tranSser OF az stock Oh the
company.