The herald. [volume] (New Orleans, La.) 1905-1953, 1912-11-21
CHARTER.
OF GENERAL CONTRACTING CO., ITI

OF GENERAL CONTRACTING Co, ltd
UNITED STATES OF AMERICA. STATE
OF LOUISIANA, PARISH OF ORLEANS
CITY OF NEW ORLEANS.
Be II known, that on this 30th day Of
the month OF September in the year of ou
Lord, one thousand nine hundred anC
twelve and OF the independence Of the Unit
ed States of America, the one hundred anC
thirty-Seyenth, before me, Scott +. Beer
notary public, in and for the parish Of
Orleans, duly commissioned sworn and quail
ihed and in the presence Of the undersigned
witnesses, personally came and appeared
the several parties whose names are here
unto subscribed, who severally declared that
availinc themselves OF the laws Of the stat,
OF Louisiana, in such cases made and pro
yided they have contracted and agreed, anC
do, by these presents contract and agree anC
bind themselves as well as all other per
sons who may hereafter become associated
with them, to form a corporation, for til,
objects and purposes anu under the articles
and stipulations, as follows, to-wit:
ARTICLE /.
The name OF this corporation shall bt
General Contracting Company, Ltd, and un
der Its said corporate name 1t shall have
power and authority TO have and enjoy sue
cession for the full term OF ninety nine wears
from and after the date hereof: to contract
and sue and be sued: to make and use q
corporate seal at its pleasure, and the same
hold, receive, lease, purchase and convey
property, real, personal and mixed, corpO
real and incorpOreal TO name and appoint
such managers agents and employees as It's
business interest may require, and to make
and establish such rules and regulations and
bylaws as the proper government of this
corporation may make necessary and proper
ARTICLE H.
The domicile of this corporation shall be
in the city Of New Orleans. state of Louisi
ana. and all citations or other legal process
shall be served on the president, and in his
absence on the vice-president, and in the
urer of this corporation.
ARTICLE III.
The objects and purposes for which this
corporation Is established, and the nature
or the business to be by Ii carried on, are
hereby declared to be, to buy and sell paint
oils. wall paper. decorating materials of ali
kinds, sheet metal and tinsmith materials
and 10 carry on the businesses Of house dec
Grating In all Its Details as well as that OF
tinsmith and plumber, in all its branches. as
well as to make contracts in regard to all
OF said classes Of bushes sand general house
contracting and building contracting, and
cidental or related to the said business above
described.
ARTICLE ".
The capital stock of this corporation is
dollars (s15.O0O.OO) to be divided into one
hundred and fift- 150) shares of stock of
the par value Of one hundred dollars (SlOOl
each, the said shares to be full paid and
nion-assessable, and to be issued only at par,
in return for cash. work done for this cor,
poration, or property purchased by this cor
poration, and actually received by it, after
proper resolutions to that effect by the board
or directors Of this corporation
No transfer of stock shall be binding on
this corporation until said transfer shall
have been made on the corporations books.
rms corporation shall be going concern as
soon as three thousand dollars (S3, 900. OO)
OF Its capital stock shall have been sub
scribed for.
ARTICLEv.
, All the powers Of this corporation shall
be vested In and exercised by board of
directors to be composed of three stock.
holders, any two Of whom shall constitute
quorum for the transaction Of the busi.
ness and affairs Of this corporation. The
board OF directors shall be elected annually
on the 10th day Of October. All directors
and oficers shall hold Office until their snc.
cessors have been elected and qualified. All
such elections shall be by ballot at the Of
nee OF this corporation, under the supervi.
sion Of three election commissioners. Each
stakeholder shall be entitled to a vote 20,
each and every share standing in his name
on the books of this corporation, which vote
may be cast In person, or by proxy in writ
ing, ana MAORI. of the votes cast shall
elect. Each director may be represented by
proxy at any and all meetings Of the board
any vacancy arising In the board of direc-
tors snail be filled for the remainder of the
term by the board Of directors. A failure TO
elect directors at the time specified shall
not dissolve this corporation, but the board
then In office shall hold cfice until their
successors are elected and qualified Each
director shall own at least one share OF
stock In his own name.
Inc board OF directors shall be composed
OF the following officers namely: one pres
ldent, a yice-presldent and a secretary treas
urer. The first board shall be as follows /.
al Apraham l.. Fishman, president; Joseph
SILVER, vlce-president; Isidore Alaynick, sec
ARTICLE vi.
whenever this corporation shall be dis
soIved either by limitation or otherwise. or
from any cause whatsoever, its affairs shall
De Iiquidated by two commissioners TO be
appointed by the board of directors from the
stockholders or others, the said liauidators
or commissioners to be appointed at a gen.
eral meeting OF the stockholders convened
Tor that purpose, Of which said stockholders
meeting notice shall be given in the manner
provided for In article VII Of this charter
and majority, In amount of the capitai
STOCK represented at said meeting shall no
requisite to elect. Said liquidators or com.
missioners to remain in Office until the az
,airs or this corporation are fully liquidated
In case Of the death of one OF the IIoni-
dators, the remaining liouidators shall n
quldate the AFFAIRS of ,nis corporation.
ARTICLE VII.
ms act or Incorporation may be modified
changed or altered or the said cornora tion
may be dissolved with the assent OF three
lourths OF the capital stock represented at
general meeting Of the stockholders con-
vened Tor that purpose, and after notice TO
mat enect snail have been given In one or
more newspapers published In the city of