The herald., 1914-07-23
CHARTER
OF TIE CLAVERIE MANUFACT.RIN,;
COMPANY

ICultcd States Of America. State Of Louisiana
| farlNh OF Orleans, Cuy of New Orleans.
he II know, That on this sixth day Of tn
month Gi July. IN the. year Of our Lord on
| thousand nine hundred and fourteen, and O
| me independence Of the United States %
| America the one hundred and thirty-uInti
| before me, Lyle Saxon, a notary public, dul,
| commissioned and qualified in and for m
| and IN the presence Of the witnesses herein
/ alter named and undersigned, personally cam,
| ana appeared the several persons whose name
| are hcrcunto subscribed. who declared that
| aVdliInE themselves OF the provisions and IN,
| laws Of the state OF Louisiana. and especially
| Of act No. Is OF the yt-r 1904. they do, b,
lHtse presents Tor themselves, their ass0
| crates, successors and assigns. form them
selves their associates, successors and assign,
| into corporation and body polite IN law 10
me ooJecis and purposes and under the ar
ucies and stpulatIOns hereinafter set fortl
and expressed, and under the following term,
and conditions. to-wit:
Article The name and style Of this cor
PoTatIGn shall be TIE CLAVERIE MANU-.
name II shall have and enjoy corporate ex-
istence and succession for a period of ninety.
nine years, from ana after date hereof un.
less sooner dissolved. in the manner herein
after provided; to contract. sue and be sued.
10 mold, receive, purchase and convey as
well as mortgage, hypOtheCdte and pledge
property, both real and personal; to issue ne,
gotlabIe bonds and notes; to name and an
point such managers, directors, officers and
agents and other employees as its interests
may require; and to make and use a cor.
poTatc seal and the same to alter and change
At pleasure, and TO make and establish such
bylaws, rules and regulations for the proper
management and control of the affairs Of the
sdld corporation, as may be necessary and
pleasure. "
Article 1.-THE domicic of this corporation
shall be IN the city OF New Orleans, parish
Of Orleans. state OF Louisiana All Ci,stions
other gIa all l, II
president OF the company, or, in the event of
ms absence from the city or disability TO act
upon the vice-presldent, or the secretary
Article III.-The purpose for which this
corporation Is formed and the nature of the
business to be conducted by 1t are as follows:
!. 10 manufacture and deal in acetyleue
generators aud all appustcnanCcs. equipments
appliances, accessories, pertaining thereto
:. 10 buy all and any kinds Of patents Of
any description, manufacture articles repre-.
sented by such patents, equipments appli.
anceS, accessories, pertaining thereto
s. 10 manufacture and sell asbestos and all
upper goods or compositions, including as
3estoS or rubber; to manufacture and sell as
oestos roofing; to manufacture all kinds of
roohng, and to deal therein; to construct. ad-
Just and place the same on buildings and
structures, and to make md deal in all kinds
Of roohng, fibre and fabrics and anv article
whatsoever pertaining thereto
4. To deal in all kinds of supplies generally.
as well as having the right to buy sell
'ither on consignment or commission any and
all articles necessary to carry on the above
business, and to do all and any other kind
II business and any act or thing that NAV
'e necessary TO carry out the objects and puT- |
'o4ses OF the said corporation as outlined |
Article IV.-The capital stock Of this cor. |
,oratlon IS hereby fixed at the sum of twenty
I'VE thousand dollars (S25.OOO, to be repre-. |
ented by two hundred and fifty shares al the
ar value OF one hundred dollars (SI0Ol each
nd three thousand dollars $1,000 OF the said |
apltal stock must be subscribed and paid in
ASH or ITS equivalent before the company can
emaIning shares of said stock shall be issued
y the board Of directors as they NAV see
I and proper.
All shares Of stock must be paid for in cash.
> qIl'altnt, property received, or labor per
1rmed. and must be fully paid for before
ne issuance of the certificate thcreforc and
hall be non-aSseSsablc
SAID stock shall be represented by stock GER
hcates' transferable only the books Of the
lmpany, on the surrender Of the o,,ts,,rd;.', !
,TtlhCate, or due proof OF loss
before any stock can be transferred IL must |
nrst oheTed IN writing and at its book
aIucr 10 the board Of directors of the cor
Jrdtlon, who shall have the optiOn of mr.
laslnR he same at thS said book value al
le time the said stock is offered; and should
le directors fail to make purchase OF the
ga STOCK within thirty days from the time
Gher' then the holder and owner Of the
9ck may dispose OF 1t on the open market.
The SAID capital stock Of this corporarion
ay be increased or diminished bv proceed. |
ate Of Louisiana.
Article V.-The officers Of this cornor,,i,r,
l5I consist OF a president, vice president | ,
III a secretary treasurer, all OF whom shall I
Ee'ner' constitute board Of directors two ! ,
WON. wo,;, shai constitute quorum for the !
'wers shall be vested in and exercised b,
- Dl''d o. directors. The hrst board Of | {