The herald., 1912-11-14

OF LOUISIANA, PARISH OF ORLEANS
CITY OF NEW ORLEANS.
Be it known. that on this 3Oth day o
the month Of September in the year of on
Lord. one thousand nine hundred an,
twelve, and of the independence Of the Unit
ed States of America, the one hundred anC
thirty-seventh. before me- Scott E. Beer
notary public, In and for the parish O.
Orleans. duly commissioned sworn and DUAL
flied 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
awaiting themselves of the laws Of the stat,
OF Louisiana, in such cases made and pro
ylded 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 the
objects and purposes anu under the article.
and stipulati0nS, as follows, to-wit
ARTICLE I.
The name of this corporation shall be
General Contracting Company, Ltd, and un.
der its said corporate name ii shall have
power and authority TO have and enjoy sue.
ceSSion for the full term OF ninety nine years
from and after the date hereof: to contract
and sue and be sued; TO make and use a
corporate seal at its pleasure, and the same
10 break, alter or amend at its plea sure IA
mold, receive, lease, purchase and convey
property, real, personal and mixed, cOrpO.
real and incorporeal to name and appoint
such managers agents and employees as its
business interest may require, and 10 make
and establish such rules and regulations and
bylaws as the proper government OF this
corporation may make Necessary and proper
ARTICLE II.
Inc domicile OF this corporation shall be
IN the city OF New Orleans, state of Louisi-
ana, and all citations or other legal process
snail be served on the president, and in his
absence on the vice-president and in the
absence or both, upon the secretary-treas-
urer or this corporation.
ARTICLE Ill
The objects and purposes for which this
corporation Is established, and the nature
OF the business 10 be by IL carried on, are
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
tlnSmlth and plumber, in all its branches, as
well as TO make contracts in regard to all
or said classes of bushes sand general house
contracting and building contracting, and
10 do all things necessary and proper or in
described.
ARTICLE ".
The capital stock of this corporation Is
hereby fixed at the sum of fifteen thousand
dollars tSlo,OOO.OO) to be divided into one
hundred and ift- 150) shares OF stock NJ
the par value OF one hundred dollars (SIOO)
each, the said shares to be full paid and
worcestershire and to be issued only at par
poration, or property purchased by this cor
poration, and actually received by ii. after
proper resolutions to that effect by the board
OF directors Of this corporation.
No transfer of stock shall be binding on
this corporation until said transfer shall
nave been made on the corporations hooks
This corporation shall be a going concern as
soon as three thousand dollars (S3. 600 OOl
OF ITS capital stock shall have been sub
Scribed for.
ARTICLE V.
All the powers of this corporation shall
De vested In and exercised by a board of
directors !, TO be composed of three stock
holders, any two of whom shall constitute
quorum for the transaction of the bnsi-
ness and affairs Of this corporation. The
board of directors shall be elected annually
on tns loth day or October. All directors
ana ofncers shall hold office until their suc
cesSOrs have been elected and qualified. All
Such elections shall be by ballot at the Of
nee or this corporation, under the superyi-
s ION, OF three election commissioners. Each
stocKholdeT shall be entitled to a vote for
each and every share standing in his name
On the books of this corporation, which vote
may he cast in person. or by proxy in writ
NJ, ana MAORI of the votes cast shall
proxy at any and all meetings of the board
ANY vacancy arising In the board of djrec
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 boar
then in office shall hold office until thair
successors are elected and qualified. Each
director shall own at least one share az
stock In his own name.
The board of directors shall be composed
u the following officers, namely: one pres
dent, vice-president and a secretary tress 3.
irer. The first board shall be as follows
Abraham L. Fishman, president : Josenh
Silver, vice-president; Isidore Alaynick sec
ARTICLE VI.
whenever this corporation shall no dis
'olved either by limitation or otherwise or
rom any cause whatsoever, its AFFAIRS shall
De llquidated by two commissioners to no
appointed by the board of directors from the
stockholders or others, the said Iiouida tors
'r commissioners to be appointed at a gem
,ral meeting OF the stockholders convened
or that purpose, of which said stockholders
Meeting notice shall be given In the manner
provided for In article VII Of this charter.
IND majority In amount Of the capitai
tock represented at said meeting shall he
equisite tc elect. Said liquidators or com
nissioners to remain In Office until the az
airs or this corporation are fully liquidated.
n case OF the death of one Of the Uoui-
lators, the remaining liquidators shall H. |
uldate the affairs Of LAS corporation.
ARTICLE VII.
This act or Incorporation may be modified |
hanged or altered or the said corporation
nay be dissolved with the assent Of three |
ourths of the capital stock represented at |
general meeting Of the stockholders con- |
ened for that purpose, and after notice to |
nat eject shall have been given In one or |