The herald., 1912-02-22
ACT OF
INCORPORATION
OF CHATHAM CONSTRUCTION COM
PANY OF LOUISIANA.
STATE OF LOUISIANA. PARISH OF Oh
LEANS, CITY OF NEW ORLEANS.

STATE OF LOUISIANA, PARISH OF OR
LEANS, CITY OF NEW ORLEANS.
' Be 1t Known. That, on this, the Sth day
of the month OF January, in the year or
our Lord one thousand nine hundred and
twelve, and OF the Independence of the
United States OF America the one hundred
and thirty fifth, before me- Charles +. Fletch-
| niger notary public duly commissioned
and qualified, in and for the city, Parish
and State aforesaid, therein residing, and In
! the presence OF the witnesses hereinafter
named and undersigned. personally came and
appeared the several persons whose names
| are hereunto subscribed. who declared that.
availing themselves OF the provisions OF the
| laws Of this state relative TO the formation
ana organization OF corporations, they nave
covenanted and agreed and do, by these
| presents, covenant, agree and BIN them
selves. as well as those who may hereafter
become associated with them, TO form them
selves into a corporation for the objects and
purposes, with the name and under the Stip-
ulatiOns following. to-wit:
ARTICLE 1.
The name and style Of this corporation
shall he CHATHAM CONSTRUCTION
COMPANY OF LOUISIANA" and, by said
corporate name, il shall have succession and
| enjoy existence for a period OF ninety-nine
years, unless sooner dissolved, in the manner
! provided by law, and the articles Of this
charter; and, under said corporate name, II
shall have power and authority to contract,
Il
SEAL the same TO alter or break at pleasure :;
| 10 make all necessary rules and regulations
| fo- its corporate management and control,
| and shall have and enjoy all the rights, priv
| ieges and immuinties which are now con-
| ferred upon, or may hereafter be granted TO,
| corporations Of the same kind and character
ARTICLE II.
The dOmicie of this corporation shall be
| in the City OF New Orleans, State Of Lousi-
ana, and all citations and other legal pro-
| cpSSpS shall served the
In his absence or inability to act upon any
other officers Of the corporation.
ARTICLE III.
The objects and purposes for which this
| corporation is organized are herebv declared
| TO be to engage in and conduct the business
Of general contracting, and. for this purpose
/ to build and construct railroads. roadways,
| tramwayS. turnpikes, levees bridges. ware
houses, terminal and docking facilities, and
| TO build, construct and install drainage, sew
erage and irrigation systems; TO build and
| construct electric light and power plants
and install and equip systems for the trans
mission OF electricity for lighting. power or
other purposes: to construct, lay, and install
gas and oil mains, pipes, conduits and other
appliances for the transmission of gas and
oil, for lighting. fuel or other purposes, in
| the state OF Louisiana, or elsewhere.
| And, In aid of the business aforesaid, may
acquire, by purchase, lease, or otherwise,
and thereafter own, operate and maintain,
railroads both steam and electric, and cleo
state OF Louisiana, or elsewhere, and, gen.
orally. said corporation may do and engage
in any other business connected with or
germane to any one OF the purposes above
expressed.
ARTICLE ".
The capital stock OF this corporation shall
be twenty thousand dollars (S20.000), d.
| vided into two hundred shares of the par
value OF one hundred dollars (S100) each I;
the said stock shall be issued only for cash,
or in payment OF property or services, actl-
ally received by or rendered to said corpora
tion. This corporation shall commence bust
ness and become a going concern as soon as
five thousand dollars (S5,000). Of its capital
stock shall have been subscribed and paid
for Said stock shall be fully paid at the
time Of Its Issuance, and, thereafter, nom
assessable, and the capital stock may be in
creased or decreased in the manner provided
by the laws OF this state.
The parties to this act declare that they
hereby subscribe for the number OF shares OF
said capital stock. set opposite their respect
i've signatures hereto, so that this act OF
Incorporation shall serve as an original sub
scription.
All the powers Of this corporation shall be
vested in and be exercised by Board of not
less than three nor more than five Directors.
at the annual meeting. The first Board of
directors shall be chosen by the signers of
this charter, at the time OF their subscription
and the organization Of this corporation,
year. or until their successors are elected
and qualified. The persons so named as
Directors. all whom shall be bona flde stock
holders. shall select from their own number
President, a Vice-President, and a Score.
tarv-Treasurer. One person NAV not hold
more than two Of the above Offices at the
same time.
On the first Monday Of January, 1913, and
on the same day Of each succeeding year, ex
cept when such day shall fall on a legal
holiday, then, upon the next following lay
10 80 -IAll ~ IL n -
Of Directors. for the ensuing year, the
Board already installed to continue to hold
over until their successors are elected and
qualified.
The Board of Directors so elected shall
select from their own number the officers OF
the corporation, as above provided. The
, election Of Directors shall be by ballot, and
the persons receiving the largest number OF
votes cast shall be declared elected. Fol
! electing directors, or for any other purpose
each share of stock, whether present or by
proxy, shall be entitled to one vote, and q
) majority Of the votes cast shall be required
! to pass any resolution or decide any ques
ton submitted to the stockholders, except
+ for the alteration or amendment OF thi:
! charter, or the dissolution Of the corpora
, ton, as hereinafter provided.
The said Board Of Directors shall have
, power and authority to make all necessary
: rules and regulations for the management
, operation and control OF the business Of tn,
corporation, as well as to make all necessary
rules and bylaws, with power to fill any
vacancy occurring in their number. ma
jority Of the Directors voting at any one
time, in person or by proxy, shall be re
required to pass any resolution or adopt any
bylaw, and which, when so adopted, shall
become valid corporate acts.
ARTICLE vi.
| Notice Of all meetings of stockholders fol-
! electing directors, or for any other purpose
except as hereinafter directed shall be giver
in writing by the Secretary, to be deposited
In the mail, at least ten days before such
meeting, directed to each stakeholder, at his
last known address, appearing upon the
books Of the corporation, unless said notice
, is waived in writing by all the stockholders
appearing as such upon the books.
! ARTICLE VII.
This act Of Incorporation may be modified
! poration may be dissolved by and with the
! assent OF the holders of three-fourths in
i amount Of the outstanding stock, given at a
general meeting Of the stockholders, to bt
J convened after ten days prior notice, to bt
J given In one of the daily newspapers pub
! lished in the City Of New Orleans, in add
ton to the personal notice TO each stock
holder. as provided In Article vi OF this
charter; and such changes as may be made
in reference to an increase or decrease Of
the capital stock, shall be prece6ed by such
notices, delays, and formalities as required
by law.
In the event of the dissolution of sale