The herald., 1912-08-08

purchase, improve, ALLEVIATE, convey, sell
Dorrow, pledge, mortgage and hypothecate
under It's said corporate name, property
rear, personal and mixed and TO name anC
appoint such officers, directors agents, man
ayers or employees as the interest or con
Venlence OF the said corporation may re
quIe' 10 make and establish bylaws, rule
and regulations for the proper mana gemen
and regulation of its affairs and the SANE
| 10 cnange 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 accordanc,
with Its charter, shall exist and continu,
Tor the period of ninety nine years from
absence or incapacity the vice-president
shaIl he the proper person upon whom cita
lion or other legal process shall be served
ARTICLE III.
The objects and purposes for which thi.
corporation Is organized and the nature OF
the business TO be carried on by ii are here
by declared to be: To manufacture, buy an(
sell Tor Its own account or for the account
OF others, on commission, consignment OF
otherwise, machinery and engines of every
description, TO engage in the business OF
manufacturers agent and generally to dc
ana 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 (S1O0.OOO), divided into OF
represented by two thousand shares (2OOO),
or the par value of fifty dollars $50 00)
each, which shares shall be paid for in cash
at such times and in such amounts as the
board or 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 (S3,0OO.00l 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
tion shall be vested in and the business
hereof shall be managed by a board of di-
rectors composed of seven (7) stockholders,
a majority Of whom shall form a 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. NJ Dukate, Peter Yurgensen,
L. \. DantZler, +. c. TonZmeire, ID. ]. Gay.
j: n. bowling. j. c. Clover and +. E. Prin-
gle, of whom l.. y. Dantzler shall be presi-
dent: w X. NJ Dukate vice-president: F.
f. Pringle, treasurer, and f. c. TOnZmeire,
secretary. That said officers shall serve IN
til their successors shall have been elected.
On the third Monday of May, 1913, and
on the third Monday OF May in each year
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
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
general meeting OF stockholders convened
for that purpose, of which said meeting at
least ten (10) days written notice shall
have been given, by mail, addressed to each
stakeholder 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 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 LIABILITY
whatever beyond the amount or MS STOCK
remaining due. Nor shall a failure at any
time to hold meetings, to elect officers or
directors. as herein provided for, work the
forfeiture OF this charter, or dissolve the
corporation, but the existing board or dlrec-
tors shall remain in force until their success
sors be elected and qualify.
ARTICLE VII.
Whenever this corporation Is dissolved,
either by limitation or from any other
cause its affairs shall be liqdidated by one
or more commissioners to be elected from
amongst the stockholders of the corporation
at a general meeting of the stockholders,
in accordance with Article FIVE,
and a majority of the stock represented ana
voting at said meeting shall be requisite to
elect, The majority of the stock represent
ed and voting at said meeting snail nave
the right TO fix and define the powers, DUTY
and compensation Of said commissioners, ana
the security If any, to be furnished them.
Said commissioner or commissioners snail
remain in office until the affairs OF the said
corporation shall have been fully Hquidateu
and the assets distributed. In case OF death,
resignation or inability to act OF one or
more of the said commissioners, the surviy-
ors shall continue to act with the same
power and shall be authorized TO continue
and complete the LIQUIDATION
ARTICLE VIII.
No sale of any Of the stock OF this corpo-
ration shall be recognized until the SAME
shall have been transferred on the books or
this corporation in the name OF the purchas,
or and in no case shall less than one full
share be transferred.
ARTICLE TX.
The persons whose names are nereunlo
subscribed are hereby declared to be the In
.orDorators of this corporation and nave
respectively written opposite their names
The amount of stock subscribed by eacn one
)f them.
Thus done and passed in my notarial OF.
ice in the city of New Orleans, parish OF
orleans. state of Louisiana, In the presence
n Adrian NJ. Font and Fred c. Querens,
.ompetent witnesses of lawful age, both re-
,iding in the city of New Orleans, state OF
louisiana. who have hereunto signed their
James together with the said appearers and
ne notary, after due reading of the whole,
N the day, month and year hereinabove
written.
lOriginal signed) ID. J. Gay, two shares,
,er r. C. Tonsmeire, attorney; L. n. Dantz-
err two shares, per r. c. Tonsmeire, attor-
lev: ]. c. Clover, one share, per II. Q. Tons
neire, attorney. Adrian NJ. Font, Fred Z.
(uerens. PHILIP OENsLEh, Jh.;;
I. the undersigned, recorder of mortgages,
n and for the parish Of Orleans, state OF
louisiana. do hereby certify that the above
nd foregoing act Of Incorporation or the
bowling Engine Company, Limited, was this
law duly recorded In my office In book 1000,
New orleans. July 18th. 1912.
(Signed) EMILE LEONARD, ID. X.