The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1880-04-06
CHARTER.
STATE OF LOUISIANA.
PARISH OF ORLEANS.
CITY OF NEW ORLEANS.


ID day of march In the year OF our Lord one
Ro pBRts1 f petars
| aforesaid, duly commissioned and qualified
and IN presence Of the witnesses hereineter
named and undersiRaned, personally came and
Aman Troescher, Roman Lafontaine. Jean 2.
nutrey, Jean Baptiste Mailhes, Armand y.
paEflde maf Miah M9 nan,si papms hIp.rt t.
this city, who sevtrally declared:
That availing themselves. of the statutes Of
tfon of corporations therein for works of pub.
lie improvemt mt. and for other purposes, they
have agreed and eovenanted, and ny these
selves Into and constitute a corporation to be
composed Of themselves and OF such other
persons ss may hereafter join and become
under the conditions. stipulations and agree
ments hereinafter expressed, to wit:
ARTICLE /.
The said corporation shall be known and de-
BBTdHEp IN sRt s q noUE
The domlcii is hereby fixed In the ely of New
Orleans, and 1t shall exist aud continue for
unless sooner dissolved by the action of the
STOCKHOLDERS thereof In the manner hereinafter
= ' $500 " ARTICLE II.
The objects and purposes of said corporation
and the nature Of the business TO bs carried on
by the same, shall be to erect at any point or
place In the parish of Orleans, wharves, stables.
sheds, yards and buildings necessary to land :.
stable, shelter, protect and preserve all kinds
OF horses. mules. cattle and other animals for
the purpose Of carrying on the Live Stock
for the purpose of sheltering and protecting
all such cattle or other animals which may be
sent to said company destined FOR slaughter,
cable build and complete q slaughter house
also sufficient number of sheds and stables
and other buildings as may be deemed neees.
sary for the carrying on said Strengthening
business. -
ARTICLE Ill.
The said company shall charge and receive
such fees for the receiving. ehel erine and
slaughterlng of all animals as the board of d.
rectors may fix In the bylaws.
ARTICLE ".
The stockholders shall on the first Tuesday
of April In each year, by q majority vote. pro-
coed to elect eleven of their number IA a board
of directors, who shall hold Office for the term of
one year. or until their successors are elected;
but the fret board elected shall hold office for
to the FIRST Tuesday of April, 1893. And said
board of directors at an eatly day shall proceed
to elect the officers Of the corporation. which
shall consist of president. vice president, sec
retaty treasurer and such other officers az they
may deem necessary, the first two of whom
shell 81 be Of their pTn number The said board
Of the several officers and employees, and their
salaries and condensation, The said board Of
laws, rules and regulations for the proper
management and regulation of the affairs Of
the corporation "a may be necessary and
proper. and to make and use a corporate seal
with such device as they may elect.
ARTlCLEv,
The capital stock of this corporation Ia hereby
fixed at TWO HUNDRED AND FIFTY THOU
SAND DOLLARS, represented by twenty ave
hundred shares OF one hundred dollars each
Twenty per cent of each subscription shall
be payable In conformity with Article vi. The
remainder shall be paid, at such times and ia
Board of Directors: provided, that no more
than 10 per cent of said subscription shall be
called for Mt any one time. and not oftener than
ARTICLE VI.
No subscription shall be binding until the
sum of ten Thousand dollars Ia subscribed
when payment of 40 per cent shall be due and
held liable or responsible to or through said
corporation for lie contracts or faults In any
Be aaare pa a BY
him. her or them, and standing In his, her or
their name. -
ARTICLE VII.
The president of the CORPORATION or In his
Absence the vice president, or, In the absence
Of both. the secretary shall be the proper officer
upon whom citation or other legal process may
be served.
The privilege is reserved of increasing the
capital stock Of THE corporation to FIVE HUN
DRIED THOUSAND DOLLARS. with the assent
Of three-fourths In amount of the stock
thereof.
ARTICLE TX.
This corporation shall or may be dissolved ut
asn meang &c Tor that
lshed In this city. with the assent of three
fourths Of the entire stock of the company and
vate or ut the termination of this charter. the
liquidation Of the affairs thereof shall be con
Quoted by three commissioners elected by bal
t,,tl
for that purpose. The comm ission-
ers thus elected shall mt once proceed to settle
and wind up the business Of the CORPORATION,
paying its liabilities distribute the excess pro
rata among the stockholders.
ARTICLE X.
A failure to elect directors at regular meeting
OF the stockholders shall not dissolve the COM
pauy. but the directors then in office shall con.
tinue to exercise their functions until a new
board Is elected. Seven members of said board
shall constitute quorum to do business, and
the Board of Directors may declare dividends
from time to time as they may deem advisable
during his term of office. 1t shall be declared
vacant or in the event of the death. permanent
absence or resignation, of any, director, the
board shall have authority to fill the vacancy
oceasioned thereby.
ARTICLE xI.
Should any gu bseriber refuse or neglect to pay
his. her or their instalments as the same fall
due interest at the rate OF per cent per annIm
pay ment. And If any subscriber neglects or
refuses to pay. his. her or their installments
within thirty days after the specified time of
payment. the board of directors shall have the
right of causing any share or shares upon
which any installment may be, due to be sold
nel by suit the payment of such installments as
the board may deem advisable.
ARTICLE XII.
The following named persons are stockhold-
ers In said company and such are entitled
to the number Of shares placed opposite their
pames, viz:
Colmanl Troescher. ACKNOWLEDGEMENTS. 300 shares
Robert Gent. 220 shares
AmaD Troescher- ......,.-.-.. ........ 220 shares
can Z. Dutrey. -.,.o....... $40 shares
Roman Lafontaine Observation-Disclosures. $40 shares
can Bapttste Maflhes. MISREPRESENTATION. 220 shares
Armand v Tarride. ACKNOWLEDGEMENTS. 900 shares
Martin Wolf. 220 shares
Daniel Darms. ................. ..-..- 220 shares
Robert H. Belden. Observation-Disclosures. 800 shares
Nicholas Gestner- ----..---...--.---.. 900 shares
Total, NEUTRALITY-SUSPICIOUS.. ............ $500 shares
Thus done and passed In my office. In the city
Of New Orleans. parish and State aforesaid. on
the dny and hpfnra n IF