The herald. [volume] (New Orleans, La.) 1905-1953, 1912-07-25
CHARTER.
OF THE BOWLING ENGINE COMPANY
LIMITED.


UNITED STATES OF AMERICA. STATE
OF LOUISIANA, PARISH OF OR
LEANS
July, 1912, in the year of our Lord one
thousand nine hundred and twelve and of
the independence of the United States of
America the one hundred and thirty seventh,
before me, Philip Gensler, Jr notary pub
lie In and for the parish of Orleans and
state OF Louisiana, aforesaid duly commits
stoned and qualified, and in the presence Of
the witnesses hereinafter named and under
signed, personally came and appeared the
several persons whose names are hereuntO
subscribed, who declared to me, notary, in
the presence of the undersigned witnesses,
that availing themselves of the provisions
of the laws of the state OF Louisiana, re-
specting the organization OF corporations,
they have mutually agreed and contracted
and bind and obligate themselves, their heirs
and assigns and all persons who may here
after become associated with them herein,
to form a corporation and do hereby form
and organize a corporation under the name
and for the objects and purposes and under
the terms, stipulations and provisions con-
tained in the following articles, to-wit:
ARTICLE I.
This corporation shall be known as the
BOWLING ENGINE COMPANY, LIMITED,
and its domicile shall be In the city of New
Orleans, state Of Louisiana. Under its said
corporate name 1t shall have power to con-
tract, sue and be sued to make and use a
corporate SEAL and the same to break and
alter at pleasure; to hold, receive; have
purchase, improve, ALLEVIATE, convey, sell,
borrow, pledge, mortgage and hypothecat tie,
under Its said corporate name, property,
real, personal and mixed and to name and
appoint such officers, directors agents, man.
ayers or employees as the interest or con-
venience of the said corporation may re-
quire; to 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 all
acts and things as shall be or may be ne
eessary or proper to carry out the objects
or purposes of said corporation said corpo-
with Its charter, shall exist and continue
Tor 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-
tion or other legal process shall be served.
ARTICLE H.
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 Tor Its own account or for the account
OF others. on commission, consignment, or
otherwise, machinery and engines OF every
description, to 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
tects or purposes hereinabove set forth.
ARTICLE III.
The capital stock Of this corporation Is
hereby liked at the sum of one hundred
thousand dollars $500, 0O0), divided into or
represented by two thousand shares (2,0OO)
of the par value Of fifty dollars (S5O.OO)
each, which shares shall be paid for in cash
ut 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
n In a 81 - -
shall have been subscribed.
Certificates OF stock fully paid and non
assessable shall be issued to each subscriber
ARTICLE w.
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 90 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-wft: w. X. NJ. Dukate Peter Yurgensen,
L. y. DAIMLER Il. c. Tonzmeire, ID. J. Gay,
J. A bowling, J. c. Clover and Il. E. Prin-
gle. of whom l.. n. Dantzler shall be presi-
dent w: X. NJ Dukate, viee-president +.
r. Pringle, treasurer, and Il. c. Tonzmeire,
secretary. That said officers shall serve I'M
I'll their successors shall have been elected.
On the third Monday of May, 1918, 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,
louisiana, between the hours Of ten O'Clock
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 NAV be
hereafter elected, as above provided, shall
elect from their own number a president
vice-president, and a secretary and a 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 shall |
have been given, by mail. addressed to each |
stockholder at his last known place Of resi- |
dence.
ARTICLE vi.
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. II any, due to the Corporation on /
the shares Of stock owned b. them nor i
shail any fnformaiity Of tte oranisation q
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