The herald. [volume] (New Orleans, La.) 1905-1953, 1914-02-05


ton shall be in the city OF New Orleans,
state q Louisiana, and all citations and other
legal process shall be served on the president,
and .- his absence upon the yIce-presldent,
and .- his absence, upon the secretary OF
This operation. and upon the absence OF the
above named ofnceTs, upon any person cesig-
mated by The board Of directors hereof.
A-.i-!e lll.-Ihe objects and purposes Tor
which this corporation IS established and the
nature Of the business 10 be By i carried On.
aye -e-eby declared 10 be 10 engage n and
carry on in this city, and elsewhere, the bus.
l~.-s I general contracting and building. and
60 d all things necessary, proper, incident.
an. 1nvenIent, 10 the said business, or n
a-. sc relating thereto.
t--.e.e IE.-The capital stock OF this COY
VC-a,..n : hereby liked AZ the sum o. twenty,
i've t.5usa15 dollars lS2;.np) 20 be divided
.--a 40 hundred and li,y shares l-5u a. the
.-- ralue O.: one hundred dollars $1,000
e---- he sad shares shall be issued q; Par'
.-.. aid. and nC1-assessab.e, and H1e1 Is
-..- hall ne issued for cash or property q
g., .lIva.eu, thereof. no transfer O.: stock
shall be binding on thls corporation unless
iii, corporation shall be a going concern as
-r.- cE-e- thousand dollars $4,000 Il rs
---.-.. stock shall have been subscribed io-.
!. .-y shareholder shall ever tes.-e . sell
bis s-.-k II tIls corporation, he sl4. --st
.rr- written notice Of such intention 20 both
-..- l.-yo-a;lJu and the stockholders thereof,
- ,.e full term q ten days l-1, giving TO
ICE %: such intention 70 sell MS stock, or po--
,.- hereof, and. II after the .apse 0t ten
E.rs notice. this corporation or the sEa-eE. ID
--- '-eTe0i, OF any Of them, % not purchase
che sid shares az the book value thereof. then
.-= shareholders. offering 20 SCI. SAID shares,
shall. have the right 10 sell the said s1ares
IS he sees - ard 10 waor@sceveE he sees IT.
A--rr.e N.-AN the powers Of this corpora
..a shall be vested IL and exercised BY a
board Of directors 20 be composed Of pTesi-
E.--. a vice p-eS;Gen; s-d sec-eta-y-tTeas-
u-s- the a-st board OF directors shall De com
posed a iolloHs: Joseph J. Lagarde. pres
dent Edward Barmer, :e.Pres'det;; A =.
board Of directors shall hold oft.ce until their
successors are elected and qualified. The
board Of directors shall be elected annually
On the first Monday Of January, except II the
year 1914. AL directors shall hold once until
-arI- successors axe elected and qualified, and
all elections shall be by ballot conducted a.;
rEe once o: this corporation under the super
the board Of directors. Each stockhoider shall
have one vote for each share OF stock stand
ing IN his name on the books Of this coTpor-
a,son, 20 be cast IN person or by proxy IN
writing, and q majority Of votes thus cast
shall elect.
Any vacancy occurring among the direc
tors BY death, resignation. or otherwise, sAa!4
he allied by election foc the remainder OF the
term by the remaining directors A failure
10 elect directors shall not dissolve this char
;e-, Ju; the board Of directors then IN ONCE
shall hold once until their successors are
elected and qualified. Each director shall!
yNu al leas; one share OF stock.
The board OF directors shall have power 70
issue full paid shares OF stock, IN this cor.
PoratIon Tor cash, OF n payment toI LABOR
done or fo- property actually. received by this
corporation. Each director shall have night
70 appoint a proxy 10 represent him al the
meetings OF the board OF directors, the said
proxy 10 be III writing.
Article VI-Whenever this corporation shall
he dissolved either by limitation or from any
other cause, ITS affairs shall be llqudated by
three commissioners 10 be appointed by the
= -r-.-- -a-,4E Ef1- all
be ratified al a general meeting OF It's stock
holders convened Tor that purpose. OF which
said meeting, the stockholders shall have nc
tIce given IN the manner provided in the next
article OF this charter, and a majority N
amount Of the capital stock represented at
said meeting shall be requisite 20 determine
Such commissioners shall remain II once
until the az airs OF said corporation shall have
been fully liGuidated. In case Of the death Of
ore or more Of the said commissioners the
vacancy shall be hlled by election by the re-
naming commits loners.
Article NlI-Ihis act Of incorporation nay
Re modified. changed, altered or amended, or
the said corporation may be dissolved with
the assent Of three-quarte-s Of the capital
the stockholders called together for that pur
pose, after notice thereof shall have been
given IN one or more newspapers Of the city
Of New Orleans, La, once a week Tor four
ard by a written notice addressed TO each
and every stockholder on the books Of the
said corporation thirty days prior TO the date
Of the said meeting, at the post Office address
designated by him in writing.
Article NlII-No stockholder shall ever be
held liable for the contracts or faults Of the
said corporation in any further sum than the
unpaid balance due BY him 10 this corpora
tion on the shares Of stock subscribed for by
him, nor shall any mere informality in or
ganizatIon have the effect OF rendering this
charter null or OF exposing a stakeholder to
any liability beyond the said unpaid amount
due by him foTessid
The list OF subscribers signed hereto shall
serve as the original subscription list Of this
charter, and corporation.
Thus done and passed in nv Office on the
day, month, and year aforesaid, IN the pres
ence OF MessTs. Scott Z. Beer and Edward
Roche, competent witnesses who have here
unto signed their names, together with the
said appearers and me, notary, after a due
reading OF the whole.
Names OF subscribers omitted.)
Witnesses: Scott Z. Beer. Edward Roche
EDWARD N. ROBERT, Notary Public.
(SeaD
and for the parish Of Orleans, state OF Lou
lsIana, do hereby certify that the above and
! foregoing act Of Incorporation of the Pan
American Bldg. Co., Ltd, was this day duly
recorded in my Office in book lll9, folio s65
New Orleans, La. Dee 90 1913
LSigne0 EMILE J. LEONARD, by. R.
| certify that the above is true and cor
rect copy OF the original charter of record in
my current notarial records, except the names
Of the subscribers thereto, together with the
certificate Of the recorder Of mortgages affixed
thereto.
In faith whereof I sign my name and affx
NY seal this 5rd day Of January, 1914
kDNARD NJ: ROBERT, Notary Public.
jan Is p g feb u