The herald., 1913-11-13

oct 10 - 80 nov IL 20 1913
| CERTIFICATE OF INCORPORATION
! OF THE NEW ORLEANS BRICK X STONl
COMPANY.
! STATE OF LOUISIANA, PARISH OF OR
LEANS, CITY or NEW ORLEANS.
BE ii known, that on this twenty y-sevent
| day Of October in the year one thOusan
| nine hundred and thirteen, before me, 80
| Weiss. notary public in and for the par
| iSh of Orleans, state of Louisiana, duly com
| miS>iuned and qualified, and in the pTeSenc
| OF the witnesses hereinafter named and uD
| derslgncd, personally came and appeared tn
| persons whose names are hereuntU suDSCriD
| ed all above the full age OF ma ajOrity, wh,
| Neverally declared that. ayailing themsclve
| OF the provisions of the laws of the stat
| relative TO the organization Of corporations
| hey have formed and organized, and b.
| these presents do form themselves and o
| those whom they represent into and cOnsti
| cute corporation and body polite ia Law
or the objects and purposes and under tn,
| .upulatlOns and agreements hereinafter Sc
| .orth and expressed. which they hereb!
| adopt as their charter.
| ARTICLE The name and title OF III,
'OrpOratlOn hereby formed Is declared TO b,
ANY.
Its domiclie shall be in the city Of New
orleans, state Of Louisiana, and il shal
LaVe and enjoy succession by Its corporate
name for period Of ninety-nine years from
tnd after the date thereof.
This corporation shall have the power L
and authority TO contract, sue and be SUED
IN It's corporate name: 10 make and use Q
corporate seal; TO hold, receive, hire, aut
purchase real and personal prODerty anC
20 sell, mortgage, or pledge the same am
10 borrow money and issue bonds, notes anG
, other obligations.
All citations or other legal process shall
'e served upon the president and in the
event OF his absence or inability to act
from any cause, the same shall lie served
upon the vice-president or secretary treas.
urer.
ARTICLE 1.-THE objects and purposes
Tor which this corporation is organized and
the nature of the business to be carried on
by II are hereby declared TO be:
lst. The purchase, manufacture con.
Struction and sale OF all kinds of building
supplies. materials and structures, particu,
iarl{ the manufacture Of sand-lime or clay
bricks, and other articles for building NM
poses, and to make all kinds of cOnstrncttons
that may be made of clay or Sand-lime; the
manufacture OF concrete building block
stones tling. poles, sidewalks, shingles, and
otheF articles for building and Ornamental
purposes that may be made Of concrete: and
also Tor the erection of buildings tombstones
and mauSOleums 'O"' >
md To purchase and own the rights to
use patented processes, machinery forms.
ana devices for the manufac acture OF bricks
oui!dlnS blocks, tile and other building ma,
IerlalS; as may from time to time be deemed
ddHlSabIe IN the conduct Of the business
5rd; To own and operate sand hanks and
sand oarS, gravel pits and gravel bars. To-
Stlner with the necessary machinery. appIL
anceS, boats, tugs, barges steam-hoatS and
oIher transportation facilities.
tlh' 10 purchase and dispose of business
PIdntS sinllar or Incident 10 the purDoseS
sct Ct MHicn a n tnlS corporation is organized. To
any or all of the articles hereinbefoTa DO
Scribed or similar thereto ue
oth. 10 do any and all other things
ABOVE set forth and provided such acts re-
not In conflict with the laws OF tbe state ~
louisiana, or of the United States of Am.
ARTICLE In.-The capItaI s+ocL =, .r,,
corporation is hereby fixed at the srm 81
Sl3Uooo.oo divided as follows:
Inere shall be 500 shares of common stool,
VI one 6ae par value Of $4,000 per share. and
I,iOo saareS OF preferred stock of the par
value or $4,000 per share.
IN. ine preferred stockholders shall not he
ra r1tioed ion 10 any voting power in the corpo-
represent the said preferred storkhoISsrs on
the board OF directors as hereina fter Set
Iorth. The preferred sock TOR anv nort
Snail De subject TO redemption at the
option or the corporation at any time to-
tne 2Sth day Of October 1919 AT the nrica|
OF Si2o;OO per share. and the amount OK Tho
III muN!lehdS accumulated and unpaid thereon
Shall mo uare r 1i redemption; said redemption
proportion as the board Of directors NAV
determine. No dividend shall no naid -
.LI ioIueIs OF common stock on that stock untiI
ury from the earnings a sum Suffirjont -
pay the dividend Of I per cent on tbe nro'
IIerred stock for a period of two wears ffoI.
~" sot ing any dividend period. Said fund so
llon or used for any purpose witbont tbo
consent or the majority OF the directors ron
;Th9 1,S0t the preferred stockholders.
re-, STOCK snail first be paid the
.uaranteed @ dividend Of per cent per an
hun, after which there shall he sat aSi5o |
,rei, ,rSI me earnings of the company a Sum
2uIlcIent @ 10 pay the guaranteed dividend OF
per cent per annum for a period Of ~
'SaTS Following which the preferred stool
,haiI participate in any further earningS
10 me extent of 81 per cent OF the total
me common stock eu vi
III Is provided that no mortgage shall ha
I,haCen upon the plant without the afirma-
I've I've vote or consent Of a majority of dIrec.
OTIS representing the preferred STOCK
This corporation shall commences 6,,s,
ts soon as x5,O0000 Of its canitaI stooI
'haII nave been subscribed for, SWIM
\, tbis ~ LIE n1 IN:-All the corporate powers
- - unis corporation shall be vested In and
x ,Ssercised by board of directors comnosad
u u % not less than seven nor more than tyoIya |
tsoGKnoiders y di at the discretion Of the board
even etOrS; eTa II said board shall consist of |
We ,'eh, e, i've OF the directors shall be elected
" me holders of common stock and two bv |
loiders OF preferred stock III II shall COY Dy |
he So,d SI dine directors six shall be elected by
lolders Of preferred stock. II n sbnIf bbnTee Dy |
~ OF Twelve directors, eight shall he aiant
" ", 9y hoIners or common stock and fonr hv
IoIuers or preferred stock A msiorJt, - -. |
ne BOARD snail constitute a ouorun az ~
Of all business. "l At 'ie
Inc board OF directors shall he vos.o, |
,sl ,,sn Iull power and authority TO make oil |
~ TIntLdcts, Lcts, purchases. and sales. and adont
~ Dy-IaWs, rules and regulations for tbe
~ oL unnenL OF the business and affairs ~
ne company ,and alter, amend and cbanCa
barga a, an pIsssssure osse appoint. hire and dis
II salaries and generally do and nor,o.,' 80; mA
II II Lnlngs necessary In the Transaction 90
ne business and the affairs of the comnarU
MY vacancy occurring in said hoa "a sha,ii
= nIled by the stockholders in tbe monnnI
= provided for In the election az dIractnr,t
Il ne nrst board OF directors OF tbIs co,.no o
auioh az snail consist of Leo A Vorroro
= hapies p' n. Wermuth, John Lorenz Ijonoi
a. "a hIfau m ana Ernest T. Florance: with The
a We leo a. Marrero as president. CharIas
I; 9 So mernluth as vice-presldent John Ioren7
roS secrStary; and Lionel NJ. Rlcau as treas
Ier. VINO shall hold their offices un+iI tho
hnual meeting in 1915, or nntiI ,baiui the tne
esSors are duly elected and ouaIided sue
On the second Tuesday after tba eu..
Ibonuay IN January. 1915. and annuaiir
ng5eaiter an election for directors shall ~ |
,,,da. vru az me once OF the company under tbe
IpeTVision or three commissioners to ha o,e az
pInted Dy the president ana tho di-oo.opp- .p-
zen erected shall take their seats Im,,aat
Iey ana shall hold ONCE until fbajr STn
essoTs are duly elected and ouaiiAad Eanb
oard snail elect its own officers, which sSoii
ocrata osse oI a president. a vice-president. n
ecretary and treasurer
All corporate elections shall ho \, ..r..
fhA |