The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1880-02-28
CHARTER.
eTATE OF LOUISIANA,
PARISH AND CITY OF NEW ORLEANS.

PARISH AND CITY OF NEW ORLEANS.
RET KNOWN ,TH.r ON THIS TWEEN
- tieth day Ut February. la the y,sr OF our
L,rd one Thousand etRlt hund-si Ani eighty.
AEerlcn the one ladrst aad furtr be-
I is n M me- A = lr H,ro j. ,tasy pub,
ssaa duly w. o"11 10 of' ann az sss1 4
aisr u.m u an ua tors xn,i psrs ,asll1;osme
~. If,reunto subscribe !, who dscIsrsd .hat.
avalli x .h-ms 'lve. ~ ths OF vlsllas o. tue
Of oorprraio g TOR " rks of Vubllc Imp .oye-
mont AND Mill y. they h..vo o,ntraosi and
axreeu. nd' 40 oy she's 80 'os . W ,aa IL aud
agree HRA o''rl "a 'trs, ,lvs+, ~ w,ll a. aulh
), p.rsons ~ NAV hereafter b,o mo ass ocstsd y
ma'a . .ns E. T. 5m sf - nos ,ns
Unrposss aud nater the sttpnattons aud arti-
1l.s foilowfnx, viz:
ARTICLEI.
rae 81 n5d! Hs@s s.a 4. aasi
s o 10 .n' a,, y Nav 0,e,n IA ,hs state
snall havs and enjoy suee s-tOA. under ito
aforesaid c,rp,ra,. nama tor the VII term and
Hersd q tw n n years from and alter the
etx's.e.n huuh,ei aud eighty. aud shall
hays power AMI authority to contraot sue
make and use = o'rporate seal, and tn ) aams to
ahd ephv'Y. hs We'l ~ mortgage an I hypo he
Ae. 1hdsr itn G ,rUbrAte nam ', proO4riY. buth
real and uer. nal; TO ram. snd appnint such
managers diree.rs ana ,ffl I. RI a. ID IL o0n-
yeni ats may reuntre. aud make aud eetab-
lish such bvlaws. rules aud res N ious for the
pn ,oper mannse n"nt hnd registration OF the
| All sra oi nat'i o'rnorat0a as may b. neceBsArY
aud proper, aud ths sans to Change alter and
| amend Ut piensur"
ARTICLE III.
| Tho objects and PURPOSES for which this cor
| pOrntioE Ia established and Tbs nature 1T the
AA Nn h,A0 lot hut q
| cl red To- be lhe erection and malntenance Of
tees r.pa and di-p"toh llues. In ami through
Of Missi -sippI. Alabama Geo,gta. Tsnnessee.
Arkan. rs aud rexas. with al necessary sta
tons ONES, ap,ara1us and condiments. aud
| Temunern,on aud profit. OF iuforrsatioa mes.
aa9es ard other ntel!tgsncs by electric a9en-
| OLGA and magnetic Telegraph. to aud from va
rions places In tho Aforesaid btatss and else-
| where.
| Tho capital stock Of aHid CORPORATION Ia here.
by fixed at Inc sum OF fifty Thousand dollars,
which shall be divided into one Thousand
o. M I lines sP "a
fixed and determ!ned upon by the first Board Of
Directors OF sa'd Gorporatlon. and ten days
Ia tho ely Of Now Orleans The subscribers
hereto shall CAUSE books OF subscription to be
opened Tor the purpose o. obtaining subscribe
lions to the capital stock OF satd company: and
tai stock shah have boon subscr esd the bust
ness OF said comDany suall commence: and the
ea'd suhscrib-rs shall proceed TO tho el.ction Of
vide for who sha continue In oA1ce until the
A. hrat Moniay Of January. 4. 1881. or until
ARTICLE Nv.
| Tho business and affairs OF said corporation
shall be- under the supervsion and manage
| ment OF q ard OF Directors, to be composed
Of nye stockholders. each Of wh,m ehalf own
In his own name ten shares OF the capital stock
| 81 said cOrpOr alton. Said ard OF Directors
shall DO elected annually on the arst Monday Of
January In each year. and Of which elections
twenty days prior notice shall be given By pub
,lcation IN one OF tho new.papers Of the city Of
ton. which shall require No publication Ali
euch elections shall 10 By ballot. and held under
the superintendsnce o. three stockholders. to
be appointed BY the Board Of Directors for
such purpose: and each share Of stock shall Be
entitled to one, vote either in person or BIZ
Reasis ~ 'ls''0hs Or m9's'nxS o. stock
TIL. Board OF Directors shall! elect annuallyat
dent and another as vice president, as also q :
secretary and q treasurer; and all citations or
other legal process shall be served upon the
board shall constitute quorum for the trans-
action q any business; and said board she'll
or agents as may be deemed necessary for the
business o. said corpor .tinn, and to make
and e e,, t as well as alter and amend any
mont and protection Of tho AFFAIRS. business and !
said Board Of Directors shall have the right 70
appoint any other BtockholdsT to act for and
represent him at any and all meetings OF said
| Board OF Directors during his absence from .
this State and which said appointment shall be- .
10 writing and entered on the minutes OF said
company. and which said proxy. when so ap-
pointed. shall have and exercise al the powers
and imnunisies OF such absent director.
/ ARTICLEv
This act OF incorporation may be changed.
| modified or altered said corporation may
L
amount OF the capital stock Of said corporation.
at any general meeting u the stockholders
meeting shall have bon fsrs. given 10 one or
more newspapers published In the city Of New
| Orleans.
by limitation or from any other cause its .
affairs shall be liquldated under the superin-
cd FOR that pur uose by tho B ard Of Directors.
and who -ha,l remain In Office until the Af sire
o. sai m company shall haga been fIaa1y elosed
either one or two Of sasa commissioners the.
Survivors sha J continue to act.
ARTICLE VII.
| No stockholder shall ever be Fable for the.
contracts or ianlts OF this corporation i1 any,
further sum than tho amount OF whatever M
paid balance may DO dne BY him thereto on the
shares Of tho STOCK that he MAJ own therein
sha Of
Doration nnll. or exposing any stockaolder t9
liability aa osysa nsac the amount OF unpaid
Thus done and passed In ny Office, In New
Orleans aforesaid 10 the presence 0, David ].
both o' this city. who hereun.o sign their Names
| with tho parties and me. the said notary. tho
| day aad date aforesaid.
EDNARn LELogP. and others:
"a poWFk k
| ANDREW HEko. JR.. Notary Public.