The herald. [volume] (New Orleans, La.) 1905-1953, 1914-01-08

as incidental thereto. upon such terms ms, he
conditions and in such manner a. 80, III
,,-asrr;bed bv the bylaws or by reSoIu'Io' u
H. hoard OF directors: and Tor the pu'PGS
If its business 10 borrow or Talse monte -,
ONT limit as 10 amount by the issue OF % ~
,,-a--srfS bonds and other negotiab1e OF -
f.--fFc Instruments or otherwise; 10 uia";
make accept, endorse. discount, tNeyHitO --c
issue promIssory notes, 6ilIS OF SJ
warrants. or other HeSoiiaplc OF ss,.aI'.'S-s OF
Instruments: to issue bonds or ou'ls"!' -''s
rAi, CORPORATION from time 20 time I'' -!
Of the objects OF purposes OF 'l'c ~ ~ -
and 10 secure the same by mortgage P''teNi
deed Of trust, or otherwise; 70 purchase, NJ
s-d reissue the shares OF lts caPiial s''CSS' 70
have one or mroe Offices. 20 carry q" al
4r, II is operations ard business ana Win
mi restriction or limit as TO amount 10 pa.
-. ~ .-b-rv.ise acquire. to hold, own. 10
mortgage sell or otherwise dispose OF -
and personal property OF every S,dss anu w
-l,1-fc,. or colonies OF the United States anu
IN any and all foreign countries suO!SS' 70
fle laws Of such states. dlsiri'is' tol.-'s -
rlturv or country; 10 elect ana dIPo'''' -
officers, directors, managers, agents anu ca.
ployccs as the lntcres; and CpINT"'e.CfT y.
the corporation may require 20 make ana 9.
tablish such bylaws, rules @Hd ftsu.%tIoifs
for the proper management OF tire aHdlS %;
49,. r[-r,~7-,on As NAV be necessary and
PROPER, and the same TO change alter ai"ei4
or ab.Dgatc az pleasure; and genetd.tE 20 u
and perform all acts, matters "hi 'L''s' a
may be incidental 90 the corporation or It
1r.,sI,r and necessary TO carry on the OBJECTS
and purposes OF the same.
A-rlrlt II-Au citation and other legal
process shall be served on the president OF
IN case OF his absence or inaoihty 10 aS''
upon the vIce-president and treasurer.
/ Article IlI.-The objects and purposes Tor
which this corporation IS 9rganized ana hrl l,v
declared TO be. To manufacture, buy, sen:
deal in, trade IN, lay and apply all KINDS OF
| roofing. roofing materials, pants, pant mate
rial and supplies, iedSpar and teldspar pro-
4 10 4
ing business: TO own, operate. supervise anu
conduct stores IN such business, ana 10 man
utacture, buy, sell, deal IN and trade IN, sue"
/ other articles and materials as may be CON
venicutly handled in connection theTe"lth'
10 buy, sell and deal in timber lands and IN
| the production OF lumber, and to prepare 10Y
market, and market and sell any articles or
products IN the manufacture or composition
of which wood or lumber Is a factor; TO man
ufacture, buy, sell, deal in and deal with
! steel IRON. or both, oil, asphalt, and teltS,
and all kind or kindred products, to mine;
| manufacture, prepare for market, market ana
! sell the same, and any articles or products
| in the manufacture or composition OF when
/ metal Is a factor, including the acquisition
by purchase, mining, manufacture or other
wise, of all materials, supplies, and other
| articles necessary or convenient for use, and
| in connection with, and IN carrying on, the
] business herein mentioned or any part there
Of; TO buy, sell and deal in coal, iron, ore, oil,
| asphalt. and other mineral lands, and to
| mlae. prepare for market. market and sell
| the products thereof; 10 locate, buy, lease,
| hold. sell. improve, develop and operate mines
| and mining property, and to pledge, mortgage,
or otherwise deal in same, or any leases, op-
| lions bonds thereon; to quarry, Smelt,
| refine, dress, amalgamate, prepare for mar
| ket, and TO market, ores, metals and mineral
| substances Of all kind, and to carry on any
other operations which may seem necessary,
incidental or conducive OF any OF the COM
panys objects; to buy, SELL manufacture, and
deal IN minerals, plants, machinery, imple-
menis, c3nyenienees, provisions and things
capable OF being used IN Connection with min
ing operations required by woTkmen and
others employed by the corporations; 10 man
ufacture, sell and deal in Portland cement,
and all kinds of cement, whether natural or
artificial, lime, limestone, brick, stone, cal
cined and other plasters, artificial stone, con
crete and building materials OF all kinds,
whether natural or artificial
To buy, construct, lease, sell, convey, main
tam, operate, improve, manage, control and
| superIntend roads, bridges, ways, reservoirs,
water works, water courses, wharves, tram
ways, trolley lines or railroads, TO the extent
allowed by law.
To buy, construct, lease, SELL convey, main.
tain, improve, manage, control and superin.
| tend. furnaces, smelters concentrators. mills
crushing works, hydraulic works, works, fac
| tories, warehouses, and other conveniences
which may seem directly or indirectly neces.
| sary, incidental or conducive to any OF the
objects OF the corporation, and TO contribute
10, subsidize otherwise aid or take part in
any such operations.
| To take, acquire, own, hold, SELL lease ex
change, mortgage. pledge, improve and other
wise deal IN real estate, town sites, and divi
slons, lots or subdivisions thereof, and tC
erect thereon, and lease, manage, sell or con
vey houses, stores or other buildings, and tC
make and maintain all other necessary anC
| desirable improvements in connection there
| with; to issue bonds, and to sell or hypothe
cate the same, and TO secure the payment o.
same by mortgage or otherwise, upon all OF
any of the properties of the corporation; L
| make any and all contracts, and to acQuir,
| aud VEff n
| necessary or incidental 10 the purposes o
this corporation, and to possess the same pow
ers in such respects as private individual
now enjoy to manufacture, purchase or other
wise acquire, TO hold, own, mortgage, pledge
sell, assign and transfer OF otherwise dispos'
of, TO invest, trade, deal in and deal with
goods. and merchandise, and real ant
personal property Of every class and descrip
ton; and in particular lands, buildings, bus
| mess concerns and undertakings, mortgages
| shares, stocks, securities, concessions, pro
. duce, policies, books, debts and claims, ant
any interest in real or personal property
I and any claims against such property o
against any person or company, and TO carr,
on any business, concern, or undertaking s.
! acquired; to acquire the goodwill, rights ant
property, and to undertake the whole or an,
part of the assets and liabilities of any per
/ pay for same in cash, stock. or bonds of thi
( corporation, or any other in which 1t ma,
D be interested, otherwise; to acquire, hold
E use, sell, assign, lease. grant licenses in re
!, letters patent of the United States or an
S foreign country, patents. patent rights, Ii
censes and privileges, inventions, improve
a ments and processes, trade marks and trad
c names, relating to useful in connection
with any business OF this corporation; to en-
: ter into, make, perform and carry out cor
: tracts of every kind for any lawful purpos
y without limit as TO amount, with any person
c hrm, association or corporation; to carry o
e any other lawful business necessary or ir
i cldental to the foregoing, which the corpora
r ton may deem proper convenient TO
c carried on in connection with any of the fort
/, going purposes calculated directly or ir
c directly to promote the interest of the col
c poration, or to enhance the value of its prot
/, erty, and to have, and enjoy, and exercis
= all the rights, powers and privileges whic
d are now or which may hereafter be conferre
y upon corporations organized under the gel
S eral laws under which this corporation is o
d gained.
. Article IV.-The total amount of the ca,
:, ltal stock of this corporation is hereby fxe
Il at the sum of seventy thousand dollars $50
Il OOOOO), divided into seven hundred GO
l. shares of one hundred dollars (SlO0OO) eac
v OF said stock three hundred and fifty shar,
II (SSO shall be preferred stock, and the ba
# ance three hundred and fifty (3SO share
If shall be common or general stock. Said DIT
IS ferred stock shall entitle the holder thereof
% receive out of the net earnings, a fixed yea
i ly cumulative dividend of six per centur
y payable annually, before any dividend sha
j. De set apart or paid on the common stoc
v dend to the preferred stock such portion
r the surplus left as the board of directors sha
5, authorize shall be paid TO the common stot
D. up to ten per cent, and when the PREFER,
J. STOCK shall have drawn six per cent and Il
5, common STOCK ten per cent, IN any one div