The herald., 1912-08-22


venience of the said corporation may re
quire; &c 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 al
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 of
the business to be carried on by 1t are here
| by declared to be: To manufacture, buy and
sell for Its own account or for the account
or 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
hereby fixed at the sum of one hundred
thousand dollars (S1O0,00O), 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 S3,000.00l of the capital stock
shall have been subscribed.
Certificates OF stock fully paid and nom
asseSSable shall be issued to each subscriber
to the amount paid by him therefor
ARTICLE ".
h. . l..
tion shall be vested in and the business
hereof shall be managed by a board of d.
rectors composed of seven "a stockholders,
majority of whom shall form quorum to
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. NJ. Dukate, Peter Yurgensen,
L. n. Dantzler, Z. c. TonZmeire, d. ]. Gay,
]. A. Bowling, ]. c. Clover and +. Z. Prin-
gle, Of whom l.. y. Dantzler shall be presi-
dent; W. X. VI. Dukate, vice-president; F.
F. Pringle, treasurer, and r. c. TOnZmeire,
secretary. That said officers shall serve I'M
til their successors shall have been elected.
On the third Monday Of May, 1913, and
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,
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
a1a fhafr nhar a
vice-president, and a 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 stockholders convened
for that purpose, Of which said meeting at
least ten (10) days written notice snail
have been given, by mail, addressed TO eacn
stockhoIder at his last known place OF resi-
dence.
No stakeholder of this corporation shall
tracts, faults or obligations Of this corpora,
ton in any further sum than the unpaid
balance If any, due to the corporation on
the shares of stock owned by them; nor
shall any informality Of the organization OF
this company render this charter void, or
expose any stakeholder to any IaDillty
whatever beyond the amount Of his stock
remaining due. Nor shall a failure at any
time to hold meetings, to elect ofncers or
directors, as herein provided for, work the
forfeiture of this charter, or dissolve the
but the existing board OF direc-
tors shall remain in force until their success |
sors be elected and qualify.
ARTICLE VII.
Whenever this corporation Is dlssoIveG, |
either by limitation or from any otner |
cause. its affairs shall be liquidated by one |
or more commissioners to be elected from |
amongst the stockholders OF the corporation
at a general meeting OF the stockhoI1ers,
convened in accordance with Article Five;
and a majority of the stock represented ana
voting at said meeting shall be requisite TO |
slect. The majority of the stock represent !
ID and voting at said meeting shall nave
the right to fix and define the powers, uu nS
the security, II any, to be furnished tnem;
Said commissioner or commissioners shali
remain in Office until the affairs OF the SAID
corporation shall have been 1ully Hquiaat t
resignation or inability TO act OF one or
more Of the said commissioners; the survlv
,rs shall continue to act with the same
,ower and shall be authorized TO continue
ind complete the liquidation.
ARTICLE VIII.
No sale of any Of the stock OF this corpo-
alton shall be recognized until the same
his corporation in the name Of the purchas-
r and in no case shall less than one full
hare be transferred.
ARTICLE TX. l.
The persons whose names are hereunto
INSCRIBED are hereby declared to be the In
orporators of this corporation and have
espectiyely written opposite their names
he amount of stock subscribed by each one
them. |,
Thus done and passed in my notarial Of
ce In the city of New Orleans, parish OF
orleans, state of louisiana In the presence
Adrian NJ. Font and Fred c. Querens,
ompetent witnesses of lawful age, both re-
iding in the city of New Orleans, state OF
ouisiana, who have hereunto signed their
ames together with the said appearers and
le notary, after due reading OF the whole, {
n the day, month and year hereinaboVe
-ritten.
b (Original signed) ID. J. Gay, two shares,
er e. c. Tonsmeire, attorney; l. n. Dantz-
IT. two shares, per E. c Tonsmeire, attor-
ey 81: J. C. Clover, one share, per p. c. Tons
eire, attorney. Adrian NJ. Font, Fred c. |
uerens. PHILIP GENsLER, JR-,
Notary Public. !
I, the undersigned recorder Of mortgages,
and for the parish Of Orleans, state Of !
ouisiana, do hereby certify that the above
nd foregoing act of Incorporation OF the :
owing Engine Company, Limited, was this I
" duly recorded In my Office In book 1855, {
New Orleans, July 18th, 1912 !
(Signed) EMILE LEONARD, ID. r. :
PHILIP GENsLER, JR., :
(Seal) Notary Public. :
ly Is aug Is % 20 !
Pa osuA TsAas ~ AusxraIi~