The herald. [volume] (New Orleans, La.) 1905-1953, 1912-08-15

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purchase, improve, ALLEVIATE, convey, sell,
borrow, pledge, mortgage and hypothecate,
under Its said corporate name, property,
real, personal and mixed and to name and
appoint such officers, directors, agents, man.
ayers or employees as the interest or con-
venience of the said corporation may re-
quire; TO make and establish bylaws, rules
and regulations for the proper management
and regulation of its affairs, and the same
to change and alter at pleasure; to do all
acts and things as shall be or may be ne
cessary or proper to carry out the objects
or purposes of said corporation said corpo-
ration unless sooner dissolved in accordance
with its charter, shall exist and continue
for the period of ninety-nine years from
the date hereof; the president, or in his
absence or incapacity the vice-president,
shall be the proper person upon whom cita-
ton or other legal process shall be served.
ARTICLE III.
The objects and purposes for which this
corporation Is organized and the nature or
the business to be carried on by it are here
by declared to be: To manufacture, buy and
sell for Its own account or for the account
of others, on commission, consignment, or
otherwise, machinery and engines OF every
description, 10 engage in the business of
manufacturers agent and generally TO do
and engage in any other business, under
taking or enterprise connected with, grow
ing out of or incidental to, any of the OBJ
jects or purposes hereinabOve set forth.
ARTICLE III.
The capital stock of this corporation Is
thousand dollars ($100,0O0l, divided into or
represented by two thousand shares (2,000)
of the par value of fifty dollars (S50.00)
each, which shares shall be paid for in cash
at such times and in such amounts as the
board of directors may determine or the
said stock may be issued at not less than
par in payment of property actually receiv-
ed or purchased by said corporation, or for
labor done or services rendered, or money
actually received. Said company may COM
mence doing business as soon as three thou
sand dollars ($3 ,O0O.00) of the capital stock
shall have been subscribed.
Certificates Of stock fully paid and non
assessable shall be issued to each subscriber
to the amount paid by him therefor.
ARTICLE ".
All the corporate powers of this corpora
ton shall be vested in and the business
hereof shall be managed by a board of di-
rectors composed of seven ca stockholders,
majority of whom shall form quorum to
transact business.
The following named persons shall consti-
tute the first board of directors, who shall
hold their offices until the third Monday of
May in the year 1913, or until their success
sors shall have been elected and qualified,
to-wit: W. X. VI. Dukate, Peter Yurgensen,
L. y. DantZler, f. c. Tonzmeire, ID. J. Gay,
J. A. Bowling, ]. c. Clover and +. e. Prin-
dent w X. VI. Dukate vice president; f.
E. Pringle, treasurer, and f. G. TonZmeire,
secretary. That said officers shall serve I'M
til their successors shall have been elected.
on the third Monday OF May In each year
thereafter, an election of board Of directors
shall be held by ballot at the office of the
corporation In the city Of New Orleans,
Louisiana, between the hours of ten O'Clock
a. m. and three O'Clock p. m, of which said
election at least five (5) days previous no.
tice shall be given by mail, addressed TO
each stakeholder at his last known place of
residence OF record on the books OF the COM
pany.
And each and every stakeholder shall be
entitled at all elections either in person or
by written proxy to vote one vote for each
and every share OF stock which he may
hold.
Each board Of directors which may be
hereafter elected, as above provided, shall
elect from their own number a president, a
vice-president, and secretary and treas:
urer. Any vacancy occurring on the board
of directors shall be filed by the remaining
directors for the unexpired term.
ARTICLE V.
This act of Incorporation may be changed
or altered. or this corporation may be dis.
solved, with the consent of three-fourths OF
the stockholders present or represented at a
general meeting OF stock ssd mssps
least ten (1O) days written notice snail
have been given, by mail, addressed to each
stockholder at his last known place OF resi-
dence.
No stakeholder of this corporation shall
ever be held liable for any OF the DEBTS, con
tracts. faults or obligations OF this corpora,
ton in any further sum than the unpalo
balance IL any, due to the corporation on
fine shares of stock owned by them; nor
shall any informality of the organlzation OF
this company render this charter V oIu;; vi
EXPOSE any stakeholder to any haDlllty
whatever beyond the amount OF his STOCK
remaining due Nor shall failure at any
time to hold meetings, to elect omcers OF
directors, as herein provided tor; Nork t the
forfeiture of this charter, or dissolve the
corpo ration, but the existing board OF diree-
tors shall remain in force until their success
sors be elected and qualify:
'0'' ARTICLE VII.
Whenever this corporation is dissolved,
either by limitation or from any otneI
cause. Its affairs shall be liquidated by one
or more commissioners to be elected lIonl
amongst the stockholders OF tne
at a general meeting of the stockholders'
convened in accordance with Article t1ve,
and a majority of the stock representeu anu y
voting at said meeting shall be requisite ~
elect. The majority Of the stOek sb peIe have
the right to fix and define the powers, uuty
and compensation of said commissioners, anu
the security. II any, to be furnlshed thei mem
Said commissioner or commissioners shali
remain in office until the affairs OF the sald
corporation shall have been fully nquldateo
and the assets distributed. In case OF ueatn,
resignation or inability TO act OF one vi
more of the said commissioners, the surVlN-
ors shall continue to act with the same
mower and shall be authorized to continue
and complete the liquidation.
ARTICLE VIII.
No sale of any of the stock OF TINS corpo-
ration shall be recognized until the same
shall have been transferred on the BOOKS Vi
this corporation in the name OF the purchas,
er and in no case shall less than one Iuii
share be transferred.
ARTICLE TX.
The persons whose names are hereun ~
subscribed are hereby declared TO De tne III
corDorators of this corporation ana nave
respectiyely written opposite their names
the amount of stock subscribed by each one
of them. =,
Thus done and passed in my notarial OF,
fee In the city of New orleans, PARISH VI
Orleans. state of Louisiana, in the presence
of Adrian NJ. Font and Fred Z. Querens'
competent witnesses of lawful age, Dotn re,
siding in the city of New Orleans, state OF
louisiana, who have hereunto signed tnelr
names together with the said appearers and
me notary, after due reading of the whole,
on the day, month and year hereinapoVe
written. zh..o,
per r. c. Tonsmeire, attorney IA n: Da .9z
new: ]. C. Clover, one share, per d. e: Tons
metre, attorney. Adrian NJ. Font, FRED u
Ouerens. PHILIP GENsLER, JR.,
Notary Public.
7 the undersigned, recorder of mortgages,
In and for the parish of Orleans, state OF
Iouisiana, do hereby certify that the ABOVE
and foregoing act of Incorporation OF tDe
Bowling Engine Company, Limited was Inls
day duly recorded in my office In book 1000,
New orleans, July 18th, 1912.
(Signed) EMILE LEONARD, ID. X
PHILIP GENsLER, JR.,