The Thibodaux sentinel. (Thibodaux, La.) 1905-1912, 1912-09-14
limited States If America
State of Louisiana,
4 Parish of Lafouzche.

Toups, both good aud competent wit.
nesses, residing in the Parish and
State,
Personally Came and Appeared
,lessrs. Ozeme, Naquin, married ia
Mistress Mary Bcrgeron, Joseph A.
Breaud, married to Mistress Ceci'e
Delattc. Louis Il. Breand, married to
Mistress lisa Bourgeois, and Joseph
A. NaquiD, married to Mistress Alma
Azemar, all residents of the Parish OF
Lafourehe, and State Of Louisiana
who severally declared, that awaiting
themselves of the provisions Of Jthe
laws Of this State relative to the or.
ganization Of corporat.on-, they had
contracted and agreed, and do by
these presents coveBant, contract, o.
gree, bind and obdigate themselves, as
we'll as all other such persons as may
hereafter become associated with
them, or their successors, to form and
constitute "a corporation and body
polite in law, for the objects and pnr-
poses and ander the agreements and
stipulations following, to-wlt:
Article |.
The name and title of said corpor>
alton shall be the '.Thibodaux Boiler
Works Canpany, Liuzted," and its
domicile shall be in the Town of Thi-
bodaax, Parish Of Lafourche, State of
Louisiana. 1t shall ext st and have
succession for period of Twenty
five (25) years from this date. 1t
may have and hold, purchase, sell,
convey. lease, pledge or mortgage its
property, and contract, sue and be
sued in it's corporate name aBd make
ard use coporate seal With such in-
seription or device as may be selected
by the board of directors. 1t shall
also elect such directors aud mans
gers as it's business may require, as
hereinafter stated, and adopt such
bylaws as shall! be necessary for the
regulation of its affaizs5 and said by
laws may specifically deanethe duties
of the respective officers Of the corpo-
ration, and it shall further possess
and enjoy all the powers conferred by
law on corporations of like nature.
The presl lent Of this corporation, Or
10 the event of his death, sickness,
absence, or inability to act from any
cause, the vice. resident thereof, or
IN the event of the vice-president's
inability to act from any cause, the
general manager, is hereby designat.
ed as the person upon home ali ciia.
tons or. other legal process shall DO
served.
Article II.
The objects and purposes for which
this corporation IS organized and the
nature of the business Ito be carried
on by it, are hereby declared to be
general manufacture and repair of
boilers and all other articles aud
things manufactured with sheet IRON
and to manufacture and rephir LA
chineries of all kinds, and generally
to do oil things pertaining or in any
wise pertinent to or Incidental to the
general purposes herein stated and
declared.
Article HI.
The Capital Stock of this corpora
ton is hereby declared to be Ten
Thousand ($l0,00o.o0) Dollars, DIV
ided into Twenty (20) shares of Five
Hundred $500. 00) Dollars each, pay
able as the board of directors may
decide. The capital stock may be
increased to an amount not to exceed
Thirty thousand Dollars $50, ooo. o0)
by strictly complying with the law in
such cases made and provided, aud
should said stock be increased the
persons holding stock at the time
shall have the right to take shares of
the additional increased stock proper
tionate to the number OF shares of
stock then owned by him. All trans.
fers of stock shall be made on the
books Of said company by the stock
holder or by his authorized agent and
attorney in>fact. Should any stock
holder of this company iwish TO with.
draw or to sell his stock before the
expiration of this charter be or she
shall first give to this corporation or|
any number thereof the right topus-
chase the stock owned by him at it's
value ,ascerssined aud determined By
the board Of directors, and ninety
days prior notice shall be given to
the corporation by such Withdrawing
Should any stakeholder Of this CORP
lie before the expiration OF
this charter, his interest 10 this corp.
Grafton shall continue until the ex.
pilation Of this charter, unless other
wise mutually sgrse5 upon by thls
corporation and his legal heirs and
When such time has
teen mutually agreed upon, this corp
orat"n shall haze the privilege Of
purchasing said stock at its book
value, as AIT ertaincd and determined
by the hoard ct directors. All stock
SO transferred to Or purchased by
corporation or any. OF its members
shall he pad f',r at the option Of the
buyer. either IN cash OK One-tffird IN
cash and the remainder in notes
iearins eight per cant pr amman
interest, l'ay;. bic 1t six and twelve
mouths from dale. 10 the order of
this corporati.m.
Article w
Any surplus Of money left in this,
an Nv 81 AL.