The herald. [volume] (New Orleans, La.) 1905-1953, 1913-08-28


eSts or convenience may require; from time
to time 10 make, establish and amend such
bylaws. rules and regulations for the man
agemcnt OF the affairs OF the corporation
as may be necessary or convenient and gen
orally to have and exercise all such other
and further rights and privileges not inCOn
SiStent with this charter as are now or may
hereafter be conferred on like corporation,
territory or country in which ii may dc
business.
Article 1.-THE domicie Of this corpora
ton shall be in the city of New Orleans
state of Louisiana. The president, or in hi,
absence or in case Of his disability. the vice
president is hereby designated as the officer
on whom citation and other legal process
shall br served.
Article IlI.-The objects and purposes OF
this corporation and the nature OF the bust
ness 10 be carried on by II are hereby d."
ciared to be as follows To carry on the
business OF manufacturing and making car
pets, rugs, curtains and other similar ar
tclcS, and cleaning, repairing, renoyatina
and storing same and the cleaning OF ships
cars, houses and other structures.
Article IN.-The capital stock Of this cor
poration shall be the sum Of twenty five
thousand dollars (S2J, 0OOOO), divided into
two hundred and fifty j2JOD shares Of on,
hundred dollars ($lOOOO) each; the same
shall he paid for in cash on the acceptance
Of subscriptions therefor, or In such install
mcntS. payable at such times as the board
Of directors hereinafter established may
from time TO time prescribe, or same may be
issued by authority Of the said board OF
directors in payment for property or foi
labor or services actually performed for It
.. This corporation shall begin bushes.
and become a going concern as soon Is
three thousand dollars 10000 OD OF Its
capital stock shall have been subscribed.
3. That portion Of the authorized capital
stock of this corporation which shall not b,
subscribed for by the original incorporation,
shall be held in the treasury for the cOrpOr
ION until the lsSup thereof shall hn
thoriZed by the board of directors and In
that event, existing stockholders shall have
the right TO subscribe for and take sucf
stock in proportion in which they at that
ton, provided, however, that the board OF
directors may reserve out Of said uniSSueC
treasury stock not more than two thousand
dollars $4,000. OOD in par value to he sub
Scribed for by Thomas ID. Sadler and TO bt
paid for by the said Thomas ID. Sadler Oh
such terms and conditions as the said board
may prescribe.
Article V.-All the powers Of this corpor
alton shall be vested in and exercised by a
board Of directors, composed of three stock
holders, who shall hold their Offices for the
term OF one year or until their successors are
elected
=. The election Of directors shall take
place annually on the second Monday OF
January. Such elections and all other cleo
tionS under this charter shall be by ballot
The same shall be held at the dOmicile OF
the supervision of a commissioner appointed
by the board OF directors. Notice of such
elections shall be sent 10 each person who
appears bV the books to be a stakeholder, by
mail, at his last known address, the same
TO be posted, charges prepaid at least ter
days before the election and no other OF
further notification therefor need be given
If the address Of any stakeholder be not
known, 1t shall be sufficient to deposit the
notice in the post Office addressed General
Delivery New Orleans, La"
3. Any vacancy occurring among the di
rectors or officers shall be filed up by the
board Of directors for the remainder OF the
term then running. Failure TO elect direc
tors on the day above appointed shall not
dissolve the board Of directors nor the cor
pOration, but the directors and other Off
GERS heretofore elected shall remain in Of
flee until their successors shall be elected
4. The first board Of directors shall be
composed OF Clarence o. Sheriff., Thomas
u. Sadier and Stella ii. Sadler. of whom
Thomas ID. Sadler shall be president Stella
II. Sader. vice-president and Thomas ID
Sadler, secretary treasurer. and they shall
hold office until the annual meeting OF 1914
or until their successors shall be elected
The board shall elect one OF their number tC
be general manager Of the corporation. The
term of said officeds shall be the same as
that of the board electing them and their
powers and duties shall be such as are ap
propriate TO their several Offices Or such as
may be prescribed by the bylaws or reso
lutions of the board Provided, that at any
meeting OF the stockholders, the stockhold
ers by a vote OF at least a majority of all
the outstanding stock may recall said board
and officers and replace them by others then
elected.
.. The said board shall have plenary
power to make and from time to time amend
bylaws, rules and regulations for the con.
duct of the affairs Of the corporation and
generally TO have all such powers as may
be reasonably necessary or convenient for
the transaction Of the business OF the cor.
poratlon and for efecting the objects and
purposes OF the same.
Article VIA stakeholder or stockhold.
ers owning at least ten shares of stock shall
have the right to call a special meeting OF
thereof as provided in Article V, but no
business shall be transacted at such meeting
except such as may be Indicated in said no
tice
Article vII-ThIs charter NAV be amend.
ed or the said corporation dissolved at any
time, with the assent OF three-fourths OF
the capital stock thereof represented at q
general meeting of the stockholders, con
vened after notice thereof, given as pre-.
scribed In Article and stating the purpose
of said meeting
2. The capital stock Of this corporation
may be Increased or decreased in accordance
win the laws OF the state now In effect or
which may hereafter be enacted
Article VlII.-Whenever this CORPORATE
snail be dissolved either by Limitation or 9th.
erwlse. Its affairs shall be liquidated and
nouuu up W luTee commissioners who shall
be elected from among the stockholders at
general meeting convened for that pur-
pose, notice of which shall be given as pro
vlded in Article V. Any vacancy anon.
them shall be filled up by the survivors OF
Article IX.-No stockholders shall ever
be held liable or responsible for the debts
and faults of this corporation in any fur
Their sum than the unpaid balance, II any.
due by him TO the corporation on the shares
or the stock owned by him, nor shall auy
mere informality in organization have the
effect of rendering this charter null or of ex-
posing any stakeholder to any liability be-
his stock.
Article X.-The said appearers hereby de-
clare that in order to organize this corpor-
alton and to serve and stand as the original
subscription list thereof, they do each of
them seyerally subscribe for the number OF
shares OF the capital stock thereof written
by their hands after their respective names
In faith whereof, the said appearers have
hereunto set their hands, with me, said no.
tary, and George Z. Lods and Irene G. Pen
dergast, competent witnesses, here residing.
at my notarial ONCE In the city of New or.
leans, on the dav, month and year herein
nrst above written, after reading of the
whole.
names of Signers.D
witnesses George E. Lods, Irene G. Pen
dergast.
NJ. NJ. BOATNER, Notary Public.
/, the undersigned recorder of mortgages
In and for the parish of Orleans, state of
Louisiana, do hereby certify that the above
and foregoing act Of Incorporation of the
SANITARY Carpet Cleaning Company was this
day duly recorded in my office, in book loss,
folio 40. New Orleans, La, Aug. /, 1913.
EMILE J. LEONARD, ID. II.
A true cODy of the ORIGINAL