The herald. [volume] (New Orleans, La.) 1905-1953, 1914-01-29
CHAR

.~,,s-. ,ha, or ,h,s twenty second DAY
. 80 month Of December. n ne Ese.
on I'D one thousand nine 1l"d.7l 4-- -
-ss- ard Of the independence % ,'c -.
So = America the one 5la-ieT 60 80.
49, $50 :-L,I before ne. William "aae1
We > notary public. n and i7r the pailss-
- orleans. state OF Louisiana, a;l-esa--' -
-o----lss .o-cd and q-a.iued, a.- II ~. -
-. q; The witnesses hereinafter nance al
I - I.---g-.E personally came s.1 aFie~'e4
- several PERSONS whose names e'e
,---o subscribed. who seyera.y ce-.4-e -.
.,-7fi-y themselves OF the laws o. me So
@.@I T-., 80 IN such cases made and pro
v.ser -bey have contracted and agreed e.
I 4, nv these presents covenant ana ss.tC =.
/ Ef-d themselves, as Ve. IS a.. slc4 80
a ~ hereafter become associated WIKI '--e---'
! . - - ---r7-s.ro- for the objects and p-''
poses and urde. the articles ana s'P--H'''--S
I ;o-~lt: -----..-- sL-r'
7 bc he Building Material Ass9c.a,o'' a'.-
/ 81 i,s corporate name y snail have PoNeV
I and authority 70 have and ENJOY s---ess. -.
4 i,- the full term and PERIOD Of hi.e.e '-...-S
I ,..-s iron and after the date hereof 70 con
;ract. 70 s-e and Be sued, 20 make ana as q
[ r7-ro-a,e seal and the same 20 oTeaS o. 50.
\, pleasure: 10 hold. receive lease p-ICI4sso
and convey. a. well as -2Iig1Se - 4! -, 80
| e-afe property. real, personal and illNeu'
| r.-poreal a-d incorpoTeal; 10 name anu ~,
/ point such managers, agents oFeC1ois -
/ 1-Ioers as IFS business interests ano w
u ye-fr-re nav require. and 10 make sEd IS
'sbIIsh * well as alter and amend from
u rIne 10 tine s-ch bylaws, rules and fesp,
i latIans for the government OF me anai's Q,
/ said corporation as may be necessary ~HN
ETr,cIe 1.-The donIcile Of said corpora
ZION shall be IN the city Of New OI4e4hs,
state OF louisiana and all CITATIONS % 80
legal process shall be served upon 'He ~ y:
dent Of said corporation Or II tIe eHe.;' =.
his absence upon the vlce-Presldent, and 'n
i he absence Of both Of said o-nceTs' upon INC
i secretary Of said corporation 81.
Article III.-The objects ara purposes ..
ms corpo-stion are hereby declared 10 pc
10 acquire preserve and disseminate inIof'
nation pertaining TO the buiiqing slPIt "a.
dustry Of the city OF New OT!e4Ls anu =
n al Louisiana: TO promote the Interests, 10 &c
I crease the risks and 10 improve the meth
DDS IN the conduct thereof; 10 esiaolisn, man.
= tain and operate a bureau OF agency 10Y ue
; collection OF acquiring, by purchase OF u
i nv o-he- lawful manner, information. sta
tistics facts and cIrcuns ances OF, Iel@tt !
/; 10. or affecting the business, capital oeott
solveuey, credit. responsibility, ana ON 81
cisl condition and standing OF any and All
irdiyiduals firms. associations and corpora
tions engaged IN or connected with the busl.
ness Of buying and selling building mstefl.is
OF suy and all kinds, wholesale or retail me
, business Of constructing buildings and any
other structures or works, Whether PloliG Oh
private. paving streets and sideWSIks o.
LAYING roads, or any other business wnien re
a,iires the persons or concerns engaged tnere,
IN 10 purchase building maternal therefor; and
70 furnish such infoTmztien ana data, So.
tIstlcs and ratings 10 the members OF inns
} corporation; and generally 10 do any ana al
tbi5Ss 10 advance the interests Of the in
dustTy in the city OF New Orleans; 70 pro,
vide. own and maintain suitable rsems ano
Offices for the members OF this ASSOCIATION ~
the city OF New Orleans; and 10 he!e ano
exercise all such incidental powers as relate
10 the objects heretofore set forth:
Article IN.-The capital stock Of the cor
poration is hereby liked at the sum OF ter
thousand dollars 100000, TO be divided into
and represented by two hundred (aD) shares
Of stock in the sum OF nifty dollars Sro.DJ
each. Said stock shall be paid for as, when,
:. directors The capital stock may be in
creased CT diminished as provided by Law
All shares of stock shall Be issued as full
paid and non-sssessable, and ne transfer Of
unless recorded on its books
Said corporation shall become a going cen
Germ and be authorized to do business as seer
as sixty (oO) shares of its capital stock shall
have been subscribed for.
Every stockholder who IS a member OF the
| association shall be required 10 pay an an
uusl membership Zee, and the payment q
be enforced by such rules. regulations and
4. penalties as the board Of directors may deem
proper. The shares OF stock shall be liable
for any unpaid dues
o. Only such stockholders who have beer
elected members OF the association as pro
yided by the bylaws OF constituted such
members by this act Of Incorporation shall
]
inEs held 10 amend the charter. 10 dissolve
I the corporation, TO elect hQu,dztors, or Z,
increase or diminish thS capital stock.
: Article N.-Al the corporate powers OF SAID
| corporation shall be exercised by a board o.
directors. consisting Of the total member
: ship Of the association. Seven directors pres
ent IN person shall constitute quorum !,
l. director may be represented by proxy.
/ The board Of directors shall elect annual,
. from their number . president, a yice-pTesi
: dent. secretary snd treasurer. The bosrc
I oflces Of secretary and treasurer.
II The board OF directors shall appoint from
time 10 time such ofScers and clerks snC
agents and employees as they may deem nee
corporation. who shall hold ofice al the pleas
ure Of the board
said board may make, alter and amend an,
and all bylaws and regulations proper 70
the conduct and management OF the bushes
and affairs Of the corporation. The bear
shall have power 10 apply the profits Of ih-
corporation 20 the promotion OF the business
: and Affairs thereof or 20 the declaration OF I
dividend. or 20 both Of such purposes. II sucl
profits shall be sufficient 20 that end
Article Nl.-Nhenever this corporation ma,
be dissolved, either BY limitation or fror
any other cause, its affairs shall be licuidstet
BY three commissioners TO be appointed fro1
amongst the stockholders AZ a general meet
ing of stockholders convened Tor such pur
pose, and notice Of which shall be given !,
the manner and time provided for stockhold
eTs' meetings by Article VII Of this charter
and a majority in amount Of the capital stool
OF said ASSOCIATION represented az such meet
ingS shall be requisite 10 elect. Said com
nissoners shall remain in Office until u,
| affairs OF the corporation shall have beer
fully liquidated- In case Of death Of one o,
uiore Of said commissioners. the vacancy shall
be allied by election Of the surviving con-
! missioners.
Article VIT-This act Of incorporation ma,
BE modified, changed OF altered. or said Ger
Poration may be dissolved with the assent
! Of three-fourths Of the capital stock repre.
scented at . general meeting Of the stock.
/ holders convened for such purposes after
written notice shall have been given to each
stakeholder.
Article NIlI.-No stoekhoider shall ever be
held liable for the contracts or faults Of said
corporation in any further sum than the IN.
paid balance due the corporation or shares OF
stock owned BY him. nor shall any mere in
fornality IN organization have the effect Of
rendering this charter null, or OF exposing
s;oekholder TO any liability beyond the an,
paid amount remaining due on his stock
The subscribers hereto have respectively
written opposite their names the AMOUNT az
stock IN this corporation subscribed for by
each OF them, 50 that this act OF incorpo-stjo5
may also serve as the original subscriotio1
list Of said corporation
Thus done and passed a; my efhoe in the
city Of New Orleans, in the presence 81
George H. Terribery ant Ferdinand z. Zina.