The herald. [volume] (New Orleans, La.) 1905-1953, 1912-11-07

OF LOUISIANA. PARISH OF ORLEANS.
CITY OF NEW ORLEANS.
Be it known, that on this Both day of
the month OF September in the year of our
Lord, one thousand nine hundred and
twelve, and OF the independence of the Unit
ed States of America, the one hundred and
thirty seventh, before me. Scott +. Beer.
notary public, in and for the parish of
Orleans, duly commissioned sworn and quail
itied and in the presence Of the undersigned
witnesses. personally came and appeared
the several parties whose names are here
unto subscribed. who Severally declared that
awaiting themselves Of the laws Of the state
OF Louisiana, in such cases made and pro-
vided. they have contracted and agreed, and
do, by these presents contract and agree and
bind themselves as well as all other per-
sons who may hereafter become associated
with them, 10 form a corporation, for the
objects and purposes anu under the articles
and stipulations, as follows: to-wit:
ARTICLE |.
The name Of this corporation shall be
General Contracting Company, Ltd. and I'M
der its said corporate name il shall have
power and authority TO have and enjoy sue
ceSSion for the full term OF ninety nine years
from and after the date hereof: to contract,
and SUE and be sued; TO make and use Il
corporate seal at its pleasure, and the same
to break, alter or amend at its pleasure: TO
property, real, personal and mixed, corpo-
real and incorporeal TO name and appoint
such managers agents and employees as its
business interest may require, and to make
and establish such rules and regulations and
bylaws as the proper government OF this
corporation may make necessary and proper
ARTICLE ii.
The domicile of this corporation shall be
in the city OF New Orleans, state OF LOuisi-
ana. and all citations or other legal process
shall be served on the president, and in his
absence on the vice-president, and in the
absence OF both, upon the secretary-treas-
urer OF this corporation.
ARTICLE III.
The objects and purposes for which this
corporation Is established, and the nature
Of the business TO be by II carried on are
hereby declared to be, to buy and sell paint.
oils. wall paper, decorating materials of ali
kinds, sheet metal and tinsmith materials.
and TO carry on the businesses OF house dec
Grating in all its details, as well as that of
tinsmith and plumber, in all its branches, as
well as to make contracts in regard to all
OF said classes Of bushes sand general house
contracting and building contracting and
to do all things necessary and proper or in
cldental or related to the said business above
described
ARTICLE ".
The capital stock of this corporation Is
hereby fixed at the sum of fifteen thousand
dollars (Sl5,OOO.OO) to be divided into one
hundred and fift- G5O) shares Of stock of
the par value Of one hundred dollars (S1OO)
each, the said shares to be full paid and
worcestershire, and to be issued only at par,
In return for cash. work done for this cor
poration, or property purchased by this cor
poration, and actually received BY It, after
proper resolutions TO that effect by the board
Of directors Of this corporation
No transfer of stock shall be binding on
this corporation until said transfer shall
have been made on the corporations books.
This corporation shall be going concern as
soon as three thousand dollars (S3 900 OOl
nj FOL ofn chon
scribed for.
ARTICLE V.
All the powers of this corporation shall
be vested In and exercised by board of
directors to be composed of three stock
holders, any two Of whom shall constitute
a quorum for the transaction of the bust
ness and affairs Of this corporation. The
board OF directors shall be elected annually
on the 10th day of October. All directors
and on1cers shall hold Office until their sue
cessors have been elected and qualified All
such elections shall be by ballot at the Of
nee OF this corporation, under the supervi-
sion or three election commissioners Each
stakeholder shall be entitled to a vote for
each and every share standing in his name
on the books Of this corporation, which vote
may De cast In person, or by proxy in writ
ing, and matori. Of the votes cast shall
elect Each director may be represented by
proxy at any and all meetings Of the board
ANY vacancy arising In the board of direc.
tors shall be filled for the remainder Of the
elect directors at the time specified shall
not dissolve this corporation. but the board
then In office shall hold ONCE until their
successors are elected and qualified. Each
director shall own at least one share OF
stock In his own name
The board of directors shall be comnosed
OF the following officers, namely: one pres
ident, vice-presldent and secretary-treas-
urer. The first board shall be as follows &.
Abraham L. Fishman, president: Joseph
Silver, vice-president Isidore Alaynick. sec
retary-treasurer.
ARTICLE VI.
whenever this corporation shall be dis
solved either by Limitation or otherwise. or
from any cause whatsoever, its affairs shall
De llquldated by two commissioners TO be
appointed by the board of directors from the
stockholders or others, the said lquidators
or commissioners TO be appointed at a gen.
eral meeting of the stockholders convened
meeting notice shall be given In the manner
provided for In article VII of this charter
and majority in amount Of the capitai
stock represented at said meeting shall be
requisite to elect. Said liquidators or com
mlssioners to remain in Office until the ar
fairs or this corporation are fully liauidated
In case of the death of one OF the lIoui-
dators, the remaining liquidators shall n.
quidate the affairs Of ,uis corporation.
ARTICLE VII.
This act or Incorporation may be modified
changed or altered or the said corpora tion
may be dissolved with the assent Of three
fourths OF the capital stock represented AT
general meeting Of the stockholders con-
vened Tor that purpose. and after notice to
that effect shall have been given in one or