The herald., 1914-04-02
CHARTER
OF ALGIERS ELECTRIC WELDING iOM
IL

! .r,i,e5 States Of America. State Of Louisiana.
Parish Of Orleans, City Of New orleans.
BE IL known. That on tins ltth. day OF
March, in the wear one thousand nine nun
dred and fourteen. before me, Robert +;
O'Co0ror. a notary public, duly commissioned
and qualified. IN and Tor the parsh OF VI
leans. State Of Louisiana, and IN the pres,
r~ce Of the witnesses hereinafter named ana
undersigned personally came and appeared,
the several persons whose names are mere
unto subscribed. who each sevcrally declare
that avalllng themselves OF me pIoN'slCIne
Of the laws OF the State Of Louisiana, Tela-
tive 10 the organization Of corporations, thcy
have Covenauted. agreed and do by thesS
presents mutually covenant and agree ana
bind themselves TO and with each other, as
well a. such other persons who may hereafter
become associated with them, 70 TORN ana
constitute a corporation and body polite IN
law Tor the objects and purposes ana undeI
the agreements and supuIations i'''o"i"s'
Article |. The name and title OF this cor
pcration shall be AlglerS Electric Welding
Company. Limited. and under MS sald COT
porate name shall have power and authority
10 have and enjoy succession, tor the iu!i
term Of nIuety-niue i29) years, from and after
the date hereof; 10 contract, sue ana De Sueu
n, make and use a corporate seal, and the
same 10 break or alter at pleasure; 10 hold,
receive lease, purchase and convey, as well
As to mortgage and hypotheCate property, real
personal and mixed, COrporedl and lncorpof'
cal. TO name and appoint such othceTs, man
ayers agents and directors as its business
interest and convenience may require ana
10 make and establish, as well as alter and
amend, from time to time, such bylaws, rules
! and regulations. for the proper government
| necessary and proper
| Article II. The domicile OF this corpora
ton shall be in the City OF New Orleans
Parish of Orleans, State OF Louisiana, anC
| all citations or other legal process shall b'
! served on the president Of said corporation
or. in the event Of his absence on the wet
| president.
| this corporation are declared TO be to con
! duct the business Of welding; TO do all KIND
Of electric oxy-acetylene, thermite, and al
other forms OF welding; 10 manufacture ant
| repair boilers, tanks and similar work AM
| to do and perform all general machine an
repair work OF every character and kind II
| metals
| Article " The capital stock Of the sal
| corporation Is hereby fixed at ten thouSan
| dollars CSlOOOOO divided into and repre-
| scented by one hundred shares Of the pa
val-e Of one hundred dollars $4,000 each
SAID stock or any part thereof may be Is
sud- for cash and in payment Tor the pun
chase OF patents and patent rights, and 70
property or machinery and materials actual
delivered or services actually rendered
this company. The board OF directors a
hereinafter created Is especially authorized
dispose Of the stock OF this company in Who'll
= or in part, for any and all OF the purpose
above stated. as m rs judgment may see
-
! business as soon as I'VE thousand dollar
(S5OOOOO Of its stock shall have been sui
scribed and this charter shall be the orit
iual subscription list.
Article V. All the corporate powers OF tn
corporation shall be vested in, and exercise
by a board Of directors composed Of five 4
stockholders, who shall be elected annual
on the last Friday in February OF each yea
beginning with the year 1914 a majority
said board shall constitute a quorum tor u
transaction Of any and all business.
| At all elections each stockholder shall
entitled TO one vote for each share Of stoC
held by him. and a majority OF votes ca
= shall elect. a failure to elect directors at
| regular meeting shall not dissolve the CO
poration, but the directors then in office wi
: continue to act until their successors a
elected and qualified. Notice Of the. time
. holding any and all meetings shall be give
by the secretary TO each stockholder, SUI
= notice 10 be sent by mail, FIVE days befo
such meeting, and directed to each stoc
holder at his last known address.