The herald., 1912-05-02
CHARTER
OF THE SPANGENBERG CONSTRUCTION
COMPANY.
STATE OF LOUISIANA. PARISH OF OF
LEANS. CITl OF NEW ORLEANS.

STATE OF LOUISIANA. PARISH OF OR |
LEANS, CITY OF NEW ORLEANS.
BE it known that on this fifteenth day of
April in the year of our Lord one thausand
nine hundred and twelve, before me, Peter
Stut, notary public in and for the parish |
OF Orleans, state of Louisiana, duly com
miSsiOned and qualified, and in the presence |
of the witnesses hereinafter named and I'M
dersgned, personally came and appeared the
persons whose names are hereuntO subscris-
ed, all above the full age OF ma jOrity and
residents Of this city; who Severally de
clared that availing themselves Of the pro
visions Of Act 50 of the Legislature of 1858, |
and all amendments thereto as well as
those OF the general laws Of the state rela- |
tive to the organization of corporations, they
have formed and organized, and do by these
presents form themselves into and conSti- |
tute corporation and body polite in law
for the objects and purposes and under the
stipulations and agreements hereinafter set
forth and expressed, to-wit:
ARTICLE l.
here formed is declared 10 be the ''SPANG-
IlNBERG CONSTRUCTION COMPANY"
Its domicile shall be in the city of New
Orleans state Of louisiana and il shall
have and enjoy succession by its corporate
name for period of ninety nine years from
and after the date hereof.
All citations and other legal process shall !
be served upon the president and in the
event of his absence or inability TO act from
any cause. the same shall be served upon
the vice-preSident.
ARTICLE ii.
The objects and purposes for which this
corporation is organized and the nature OF
the business to be carried on by it are here
by declared 10 be: TO manufacture, buy,
sell, construct and repair motors Of ali
kinds automobiles and other vehicles or
crafts of any kind operated or propelled by
electric or other motive power; and weld
ing apparatus of all kinds and accessories
and machinery: install electric plants, wir-
ing or other electrical works or apparatus
own and operate an electrical manufactur-
ing and repair plant and to do welding by
the Oxy-Acetyline and other processes and
generally to do general electric aud ma
chine construction and automobile repair
business in all its branches. and welding by
all processes.
ARTICLE Ill.
The capital stock Of this corporation is
hereby fixed a the sum of ten thousand dol
lars, divided into four hundred shares of the
par value of twenty-five dollars each, which
shall be paid for in cash at such times, in
such amounts and in such manner as the
board of directors may determine, or the
same may be issued at not less than par in
full payment for property actually received
by or services actually rendered to the cor
poration; such stock so issued shall be full
paid and worcestershire.
| No stakeholder shall have the right to
sell or dispose of his stock without first Of
| fering same in writing to the corporation
| which shall have ten days in which to de-
eide on the purchase of same, and after
which time, the stock may be offered for
sale otherwise.
Transfers Of stock will not be recognized
| unless transferred on the books OF the COM
pany, by the owner or his duly authorized
agent and attorney-in-fact.
ARTICLE ".
This corporation shall have power and
authority to contract, sue and be sued in
ITS corporate name, make and use a corpO-
| rate seal, the same to change or alter at
pleasure, hold, receive, lease, hire purchase
| sell and convey, as well as mortgage and
hypothecate property, both real and per-
bonds or other evidences OF indebtedness
name and appoint such managers, officers
and agents as the business and convenience
| of the corporation may require make and
establish such bylaws, rules and regulations
for the proper management and expedition
OF Its affairs, as may be necessary and pro-
per, and alter, amend or change the same at
pleasure.
ARTICLE v.
All the corporate powers Of this corpo-
| ration shall be vested in and exercised BY a
board OF three directors composed Of stock
holders, majority of whom shall constitute
quorum for the transaction of all bust
ness. The first board Of directors OF this
corporation shall consist of Robert f. Spang-
enberg, Theodore A. Glucksmann and George
Schminke, with the said George f.
Schmlnke as president, Theodore A. Gluck-
mann as vice-president, and Robert +.
Spangenberg OBSERVATION-DISCLOSURES all OF
whom shall hold office until the second Mon
day in April, 1913, or until their successors
snail have been duly elected and qualified
On the second Monday in April, 1913. and
annually thereafter, an election of officers
shall be held at the Office of the corporation
under the supervision OF two commissioners
appointed by the president, aften ten DAYS
prior written notice shall have been given
by the secretary-treasurer to each stock
holder, to be sent by mail directed to his or
her last known place OF residence or bust.
ness, and the directors then elected shall