The herald., 1913-11-06
STATE OF LOUISIANA, PARISH OF OR |
LEANS, CIIl OF NEW ORLEANS.

' l4lN II ~ \ l T. 'bf lNl'lklbkAlllb llbN
OF THE NEW ORLEANS BRICK x STONI
COMPANY.
STATE OF LOUISIANA, PARISH OF Or
! LEANS, CITY or NEW ORLEANS
BE il known, that on this twenty-seyent
day Of October in the year one thousan
| nine hundred and thirteen, before me, -
, ! Weiss, a notary public in and for the par
| lsh Of Orleans, state OF Louisiana, duly com
misNiOned and qualified, and in the presenc
| OF the witnesses hereinafter named and un
derslEn"d, personally came and appeared tn
persons whose names are hereuntO subsCriu
ei al above the full age of majority, VIII,
SeYerd!ly declared that, ayailing thenSclyt.
| Of the provisions OF the laws of the stat
relative 10 the organization Of corporations
they have formed and organized, and bl
these presents do form themselves and o
those whom they represent into and consti
tute a corporation and body polite in Law
Tor the objects and purposes and under tn,
stlpulationS and agreements hereinafter Sc
forth and expressed, which they hereby
| adopt as their charter.
ARTICLE The name and title Of tn,
| corporation hereby formed is declared 10 b,
NEW ORLEANS BRICK X STONE COM
| lANE.
Its domicile shall be in the city Of New
| Orleans, state Of Louisiana. and ii shall
nave and enjoy succession by its corporate
name for period Of ninety-nine years from
| ami after the date thereof.
| This corporation shall have the power "a
| and authority to contract, sue and be sued
IN us corporate name to make and use a
| OApOIdtt seal 10 mold, receive, hire, and
| purchase real and personal property, and
| 10 sell, mortgage, or pledge the same and
| 10 borrow money and issue bonds notes and
o.. other obligations
| All citations or other legal process shall
| be served upon the president, and in the
| event OF MS absence or inability TO act
| from any cause, the same shall be served
! upon the vice-preSident or secretary treas
| urer.
| ARTICLE 1.-THE objects and purposes
| IOr winch this corporation is organized and
| the nature Of the business TO be carried on
| by II are hereby declared TO be
| l>t The purchase, manufacture CON
| NlruCilon ana sale Of all kinds Of building
9uppIeS' materials and structures particII-
| larry the manufacture Of Sand-lime or CLAY
| bricks, and other articles for building nuf
poses, and 10 make all kinds of constructions
Ihat may be made of clay or sand-lime; the
manufacture of concrete building blncEs
| stones, ullng, poles, sidewalks shingles and
"ther articles for building and ornaman+aI !
purposes that may be made Of concrete !. and
ana mauSOleums.
md. To purchase and own the rights "a
- Pdteuteu processes. machinery, forms
hiii Imn Gevl3es Tor the manufacture OF bricks
oulidIhS blocks, tile and other building ma,
.erIaIs, as may from time TO time be deemed
advisable in the conduct of the business
o5u; 10 own and operate sand banks and
sdud odrS, gravel pits and gravel hars To
gether with the necessary machinery annIi-
dnces' boats, tugs, barges. steam-boats and
o'It[ I,b transportation facilities.
hT1s siY,a-
P@iantS pa similar or incident to the purposes
% aot "nIch this corporation Is organized To
an,. act as agent for the purchase and sale of
ScrS;bi ~ an OF the articles hereinbefore de-
scrlDed or similar thereto.
roooiL oln. 10 do any and all other things
necessary Tor the conduct of the businaSS
nooNe no SET I9rth and provided such acts. srs
nor ia conflict with the laws OF the stsfa af
erica. states OF Am
ARTlGLE III.-The capital stock Of this
corporation is hereby fixed ar The ,Ir Ur tnlS rs
l6OoOO.O0, divided as follows SUM Vi
Ihere shall be 500 shares of common s.,o,- |
OF the par value Of 10000 per share on6
r.I, SsareS IS OF preferred stock of the ma
value or $4,000 per share par
Inc preferred stockholders shall no+ ho
20 .iioIeu 10 any voting power In the rorno
EXCEPT bd as to the directors who shall
the board of directors as beraino fter on
.p. .pprth. The preferred sock tor anv nsrt
nf[e0i snail be subject to redemption at the
The 9stb da Ine CORPORATION GO at any time after
.s ISlh 81 day or October 1919. AT the nrica
~ ~ fi-o;OO per share, and the amount oP ~
~ ~ tIehIs tL accumu lated and unpaid thereon
sbau he uare me OF redemption; said redemption
33IoporilOn as the board of directors NJ
ieiIs,rnlne: No dividend shall be maid ~
here sbor al common S stock on that stock until
lry from tba pa'e 90 Deen set aside in the treas
,ay ~ IHe earnings a sum sufficient IN
,ay the dividend Of per cent on tba ~. 70
errtu oIiir Stock Tor period of two wears SSoI-
.et aSida uI'luend period. Said fund so |
ION, ION or used for any purpose witbont th
oSnntt ol the majority OF the directors rem
STba TX me preferred stockholders.
me preferred stock shall first no naid +b
., uaranteed dividend of per cent nar cue en
, un, atter which there shall no sap get asd5o dh
,,sI rSsh me earnings Of the company a SrI9
Der cent - ber pay tne guaranteed dividend Of
bam borrowing which the preferred stocS
q tb participate In any further earninSs
mone. eAsenI or - per cent of the total
he common He StocI IIiVidend to be declared on
III Is provided that no mortgaca shall
taeeu iSe T0 upon the plant without the affirmss
orS representing the preferred st9cS Ii uirec- I
. ms corporation shall commence huS,roso I
bon nopn b as 100000 of It's capital stocS
ha nave been subscribed for "i s'och I
ARTICLE IV.-AlI tbe corno. !
thls corporation shall be vested IN "v.s ans II
: NJ. ~ oy board OF directors comnosaJ d
ockboIdsSrs, % esS ,nan % seven nor more than twelve
directors. If said board shall cons;St Toar9 b
: ven, .h hve OF the directors shall be eiec+od
oI I5n sne hoiders OF common stock and two bH n
ST az ninap psegnerred sged stock. IL II shall con. c
10 boIle IIne directors, six shall be elected by +
1e 1e holders OF common stock and tbreo Py
oIueIs ~. OF preferred stock II n shall @ DS
by boIdavee eare Mdirectors al eight shall be elect
,ausrs ~ Sn % OF preferred stock maioritv ~ o.,
,e o Ooard snail constitute a Quorum aty I'll III
ammtsaction Of all business. uii at lhe
ne BOARD of directors shall bo ., =
~ ~ t IulI power and authority to maj oI =
! , purchases. and sales and ndt al y
= oy-laWs, rules and regulations 20 auVPt VP "
~ n'eInneht or the business and aeair tns
me pany and alter, amend and cbsnUa is
q rs,o at Tn pressure; appoint, hire. and AZ :,
! "a ~ SG az Omcers, agents and emnIovaos a., II
! tdiarIes and generally do and ner,onnS la - -
q LILIES necessary in the transaction ~ ~, n
y ~, 'uslneSS SS ana the affairs of thp comnaoI | n
s,,o5 ,kd5Galncy occurring In said hoard Pbai1i h
G nIleG Dy the stockholders In The , snalI =. -
crowded for In the election NJ diraater - -
IN, ne nrst board Of directors OF tbis on. eosurs. ~
@ @tIoh snail consist of leo NJ CorPo- r.
ia Tau ana Ernest T. Florance: with tba
~ w leo A Marrero as president CbarIa Ire p,
sth merlnuth as vice-president. John Inrn ., .,
a. secIttary; and Lionel NJ Rican ne troIn enz H.
er, VINO snail hold their offices men as a. a.
ssua nuaI meeting In 1915 or until thai i tne u,
ISOrS 90 are duly elected and qualiied sue q.
Un Ihe second Tuesday after tbo a.. eeiS
oruax oronS IN January, 1915. and ann,amr r.
gg5eatter an election for directors sbaII - -
~ AT me office Of the comnanv 1nIon Slaii ne ''
ip bietnislSn OF three commissioners 70 ba .Ie 81
an an'eI "a Oy the president ana the direc+ops +o 81
al I'll eIec,ed shall take their seats irornoIf os
SE go ana snail hold office until tbajr s,1a ''
q "a sht are duiy elected and Qualified Fanb Fl,
ur arn sha,l elect Its own officers which sSoiI IN
,rato te OF president a vice-presIdant q q,
.ctdry anu treasurer Ht' -