The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1890-08-20
CHARTER
State of Louisiana Parish Of Orleans
City Of Nc1O Orleans.


stoned and qualified, and in the presence
of the witnesses hereinafter named and I'M
dersigned, personally came and appeared
the persons whose names are hereunto sub
scribed, who seyerally declared that, avail
ing themselves of the,provisions of Act No.
:}6 of the Legislature of this State, APP
proved June 20, 1888, as well us of those of
the general laws of this State relative to
the organization of corporations, they have
formed and organized, and by these pres
cnts do form themselves and those whom
they represent, into and constitute a cor
poration for the objects and purposes and
under the stipulations and agreements
hereinafter set forth, which they hereby
adopt as their charter, to-wit:
ARTICLE I.
The name and title of the said corporation
shall be the alexandria Publishing Com
pany, Limited" and by that name it shall
have and euioy succession for a term Of
ninety-nine years from and after the date
hereof. 1t shall have power and authority
to sue and be sued, to make and use Il cor
porate seal, and change the same ut pleas
ure, to hold, purchase, lease. sell and by
pothecate property, real and personal, nee
cssary and proper for their business, to
make and issue bonds. to name, elect and
appoint managers, directors and agents,
and to make and establish such bylaws
rules and regulations for the management
of the business and affairs of said corpora
ton as may be requisite and necessary.
ARTICLE III.
The domicile of said corporation shall be
the city of New Orleans, parish of Orleans,
Louisiana, where all citations and other
legal process may be served on the presi-
dent of the company, and citation may
also be served Oh the business manager
thereof at Alexandria, in the parish Of
Rapides, i'll said State.
ARTICLE Ill,
The objects and purposes OF this corpo-
ration shall be to publish a daily newspa-
per in the city of Alexandria, to be styled
the alexandria Daily Times," and to do
job printing and all work appertaining to a
printing and publishing establishment in
all its branches.
ARTICLE ".
The capital stock of this company is fixed
at twenty thousand dollars, divided into
four hundred shares of fifty dollars each,
and may be further increased Oh COM
pliance with existing laws.
The corporation may begin business and
he Il going concern When five thousand
dollars Of said capital stock shall have
been subscribed for and shares of stock
may be issued for money paid or property
received or labor done, and shall be paid
for at such time, in such manner and at
such appraisement as the said board of di-
rectors may determine; each share of stock
shall be entitled at all corporate meetings
to one vote, i'll person OF by proxy.
ARTICLEV.
All the powers eff this corporation shall
be vested in and exercised by a board of
five directors who shall each own at least
five shares of the capital stock Of this cor
poration, a majority Of whom shall consti-
tute quorum for the transaction of all
business. Edward B. Wheelock, Charles
M. Greene, Robert Strong, Theus N. Miles
and Pearl Wight, with the said Edward B.
Wheelock as president, Charles NJ. Greene
as treasurer and Robert Strong as secre-
tary, shall constitute the first board of d.
rertors, and they shall hold their offices
until tho second Tuesday in December,
1891, or until their successors shall have
been duly elected and qualified.
On the second Tuesday i'll December,
1891, and annually thereafter an election
for directors shall be held at the Office of
the company; each board of directors
shall elect president, treasurer and Sec
rotary, who Shall hold office until their
successors are elected by the succeeding
board; said board of directors shall also
elect business manager, who shall hold
Office during the pleasure of the board
| At all elections which shall be conduc.
ted by ballot, majority of the stockhold-
ers represented in person or by proxy shall
elect said directors. Notice of all cleo
tons shall be given in one of the newspa
pers published in the city Of New Orleans
and one newspaper published in the city
of Alexandria for fifteen days prior to the
election.
Any vacancy occurring III said board o.
directors, from any cause whatsoever, shall
be filled 10y the remaining directors.
ARTICLE vi.
No sale of stock shall be held valid Of
binding on this corporation unless til.
same shall have been transferred on tn,
books of the company; nor shall an!
stakeholder vote at an election for direc
tors unless he has been the owner of TIL,
stock sixty days prior to said election
and no stakeholder shall ever be held liza
bic for any contracts or faults of said cor
poration in any further sum than the I'M
paid balance due the company on tn
shares owned by him.
ARTICLE VII.
This charter may be modified, changed
or amended, or the said corporation ma,
be dissolved by vote of three fourths 0
the stock represented at general meet
ing of the Stockholders. convened TO
those purposes, after thirty days previou
notice of such meeting shall have bee,
gwen in one of the newspapers published
in New Orleans and in one published il
Alexandria.
/ Whenever this corporation is dissolved
by limitation or otherwise, its affairs shall
be liquidated by three commissioners t,
be elected at the meeting called to dis
solve, or in case of termination of charter
at Il general meeting of the stakeholder
to be held ut least fifteen days before ter
minatiop of charter by limitation. afte
fifteen days previous notice of such meet
ing shall have been given i'll a newspape
published in New Orleans, and in on
published in Alexandria, by a majorit
of the stock present or represented at sucl
meeting, and said commissioners, or sue
of them as may survive, shall have FIJI
power to settle its Indebtedness and win,
up its affairs.
Thus done and passed in my notaria
Office i'll the city of New Orleans, afore
said, in the presence of Jefferson c
; Wenck, and VIM. Renaudin. competen
witnesses, residing In this city, who here
| unto subscribe their names together wit
said appearcr and me, notary, on the da