The herald. [volume] (New Orleans, La.) 1905-1953, 1914-05-07
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Article The name and title OF this cor
puratIou shall be Standard Manufacturing
Company, incorporated. which may Dee abbrc
waited into Standard Mig. Co.. Inc.
The place chosen for its doUucIic - the City
of New Orleans, State Of Louisiana.
Article 1.-The nbirct, and rrrru,sr, f,r
which tbis .,,rt,.,rs,,r D.. ..taIIi. bri nd ~,
rr.r,,r. ,f the business d, IN. carried ar, L, ~
ara. h,r.I, declared ., Inc. ., rr,rrF,rfr,-s
rlearirg nd ,,I,sbfry material. nf .ve-,,
kind and description and other article, Of
utiIi,v IA bsvr and eniny s,,rres.,or la, ~
r,rn,-atr name fn- a rrrind nf ninety. nine
,g9i wears fr,r and aftrr the. date of his act -.
To contract. sue and he sued under lis cor,
porate name. 10 make and usr a cornorate
s,aI and the sane =, hrrak .It.r and lr,ard
a, rs rleasure. =, Irasr hold rrrrIvr NJ
rh,sr and convey undrr rs rornor,te name
property both real and persouaI either in this
State or eI,rwbrrr and IN mortgage srII
lease ,xrb,rge nIedgs mr. ntber,y,Ss 1co,,;rc
or disposr nf same. ~ name and annoint such
managers directors and officers as lis inter.
est and convenience NAV rrarIire. To make aud
establish such bv.Iav,s rules and regr,I,tions
for the rronrr announcement and reg,,3stin,, of
IL. affairs As may he necessary and nroner. tn
borrovy from tinlT Ia time such sums III money
as NAV be required for construction. repairS
ar ,roIrisiti,r III rrnner,v mr. fr,nrb;ss. ,rJ
for this purpose NAV IssIe bonds ar Other ,b-
,L. 80. 80, L. H. - f,,rL, 81 q
properties real and personal and incomes
revenues contributions and rrceints and nav,
bic in such terms and m such times and
places as the BOARD Of Director, Trustees and
Managers nf Commissioners rr,v dirsrt nv
designate. with power to sell nIrige or ntber
wise dispose of said bonds ON such terms
as this corporation NAV direct or deem cx-
pedieut; to amalgamate. unite and consolidate
with other manufacturing corporatious or com.
panies now or hereafter existing Under gene
raj or special law. or otherwise, whose OBJ
IeCts and business are IN general of the same
nature and form thsrebv one co,s,liJated
company, holding and ENJOYING ali the rights
privileges, powers. franchises and pronerty he
longing to each, and under such corporate
name as they NAV adnpt mr. ayres ,rnnp. IN
borrow money issue notes and obI,gat,o,s
to issue bonds of the corporation secured NV
real estate or otherwise. 10 comnr,nise or re-
fer any matter To arbitration and TO make
transactions in matters Of Iitiya,ior 20 -,
duct. maintain and operate manufarturinv
plants, Offices branch Offices and other estab7
lIShments either in this State or elsevbere as
may be necessary. convenient, or deemed
proper for the prosecution nf its business. ard
generally TO carry on any isSf,,I biS;i
ness or enterprise not Inconsistent with the
constitutions and laws of this state and of
the United States. and 10 do and perform ali
that may be lawful for the carrying out M its
objects and purposes '''s '"' u 10
Citations may be served on the President
corporation '' O''' ''Nel VI 'le
ArtlcleIIl-The amount Of the cap;taI stocL
OF this corporation Is hereby fixed al the
OF forty thousand dollars divided mt
four hundred shares of nrrfsrred 49, -
four hundred shares of common STOCK If The
par value OF nifty dollars $4,000 each The
Of the stock subscribed shall he mad are as
follows: The stock shall be paid for in cash
when subscribed FOR. or NAV he issued Al nat
less than par for property actually received or
purchased by It, or for services actually rend-
cred TO said corporation, provided that no frac-
uonal shares shall ever be issued Roth the
common and preferred stock are Absolutely
non aSSeSSlble. In case of the dissolution
W, I'iN. corporation either by limitation or
otherwise, the preferred stock shall be maid
at par only, in full, before the common stock
shall be entitled to participate in the as.
sets to be distributed. and the residue LEFT.
diIST paying the preferred stock at par only
snail he ratably distributed among the com,
mon stock outstanding The preferred stock
snail also be preferred as to earnings and
shall be cumulative, nou-voting, and bear div.
ldendS at the rate of seven per cent per an.
num- payable semi anuually, on the first DAYS
OF January and July in each year. and failure
10 pay the seven per cent dividends on the
preferred stock for three wears. shall GIVE The
n"Iuer or holders thereof the right to Hauidate
me corPoyation. The holders Of the preferred
St"Ch Shail not participate IN the management
voting power Is hereby vested in the common
stock
ms corporation shall commence business
and be going concern As soon as five thous
and dollars 'S5OO0,Oo) of the comon stock shall
nave been subscribed for.
Article lN.-All the powers OF this CORPORA.
he