The herald., 1914-12-31

'"''- 49, , ,
ir the Mcngc Marine Hardware Supply Com
rauy. Inc, and under rs said corporate nl",
~ NAt' nave power ana aHlA'LiN u nave a'e
.'J'E ,''r'i"ir ,NieisHSe a'd succession i.'
/ .Ho 1871 TN ana F'i''t u' h'.'It-i.'' year
I no" ana after the date htrr"l. I' c"NUd.i r
/ 'o sue ami be sued, 20 make and to usc cor
l"fa,e seal aud iGt same {" alter and b'cah
At pressure, z" in.N, receive lease p-i1iIg st
and convey. as vel as "o.tsfsc and nNl"'ho
cate property, real personal and mixed. coy
. P'i,-i ana 'r''IP"i'aI, - hh.r a'I "iL'Ii!
,H'h managers AGENTS. directors ard Officers
/ 80 Ms "a-'Ir"" interest ana ,"lL'I''nce nay
7 require "'I u Nthv ana tNta'I~iI as well
I - AI.' ana amend rom TIME O.. TINE, ri,N
/ 'S avs fN'ro an" ittN'"'io.~ i"' the proper
I -'''iNHr"i II i't tiiAfo - said corporation
/ ., NAY be- ng-ro,try and proper.
. Ari,'e 1.-The dpmI,lie - ms corporation
,'"h '' D" lii NY "' New 'It'"iN: N''.c 'l
H Louisiana. en-! "'i citations oT Other Iesa.
. f.'''N5 >n1" re served Hp'" '"r IIr>li, ni
f ni safd ,prpa-a'i.u, ar iu the even. of his alb
+ ~cA'c, r?o" the \'gc-PrcSIdcur thereof and
4 .' ''' a.~rh'E "' '"ih OF Stll "INcrr', upon
'h. Nt,Te'1I1- ilg"-i'gT "i sald ,"Tp"rat''n-
49,. I", .'.'''N "''' l,-''i'' 10.
H'''H iH.> ,.'P'i',i'h l. '.E'",/tl ami eSia'-
">.'" ana iht nature ~ iAr business 20 he
,"'L't %" nS H are he'''s 'rela'rG l' hg.
I ,' engage Do "a genera. iumNhrs a"l supply
'a>.''>~' "C i'm''P"I "li as agent, D" h~ri-
NC "'F-.AH"d.riN. paint, railway, w.A sup
,...'' anu III ''h"s','"N iH'.e".'" Z" 'I-a-t
- m mTIgS."' 'tI'"'II,' 40 "I'',,',r anu i'ia.l,
'I,' m'''' anyways sa'ps and things OF thH,
."'"i'' ana i' carry on the hu~IMeN. OF said
...'tI +'I.L Ih ly.',l'''" ana DID ga .'e states
~. inc iI''I states anu lh foreign ,'i.-
,r,75. ,.,,, f '..i r,t,.' .' . 81.
l, rror,lr and rrrr,..-, a., ,.arr,. ,,,t and r,.
-rrr rb, .Ilr-,. and f,,,-,,.... 81 ,,,, -
alton.
Arr--', ~ tn. r.ri.al s,.-l. ,f ,r,. c,-
rIr,,.,' 9, I,r,i, ~. a., ',..
Thousand DnIa-, ,srl.g..n divided ,rt' md
--r,-.,ar-.I Iy Ia, II,,,.F.,.l 81. .r.., .
;hc par value Of one hundred dollars &Iurw
each. SAID stock shall be PAID for iu cash or
an such ln~ralweutN and ~ such time and
after such notice tr subscribers as the Board
~ not less than par Tor labor done or services
performed for sald corporation or Tor property
'r rights actually received by said corpora
non.
len Thousand Dollars tSlHfOfrD Of the cap
l'ai stock has been subscribed 90 the corpora
uon at the time OF the passing oi th, ac; OF
Incorporation and lh'S 'o'p"au'n shall be.
come gong Wuoern and shall be authorized
o." commence business as soon Five Thou
and Dollars iS5unnD of its capital stock
snail have been paid tor.
All transfers pt shares pI ;hc capital stock
n tins corporatIon shall be made and entered
pn the stock book OF the corporation aud uu|
transfers shall bc m any manner binding ON
ms corporation unless so entered.
stock M tins corporation Is issued, held and
acquired by the stockholders under the fol
lowing conditions, which are the essence OF
their nights as stockholders. and which condi
nor> shall be briefly set uut IN each stock
certificate.
lst. That no stockholdcr shall sell, ALLEVIATE
hEp"ihecaie, transfer, or otherwise ALLEVIATE hi-
stock until he shall have first offered the same
unto the other stockholders Of the company. |
Mhlch oilCr shall be made IN writing TO the
Board OF Directors, whose duty n shall be 60
transmit to ihe StocAhoIdcrs Immediately, and
sara stockholders shall have seven days tIou !
me receipt OF SAID notice by the Board Of DI- !
TeCiorS WITHIN which they may purchase at |
the value thereof plus ten per cent
The value Of the stock for the purpEe aforc- |
Sald ShIll ne the same as Is shown by the /
books Of the orPoration-establshed on the /
basis oi the last semi-annual statement OF the /
corporation IN connection with the monthly /
'rIdl ndtahSe ana the semi -aunua! inventory. |
II shaiI be the duty OF the corporation 70 |
'"dAt ana preserve the foregoing trial bal |
arceS ana semi annual and annual statements |
iQT the purposes aforesaid, and which shall at
lIL ! times be open to the view OF the stock
HuiderS.
should more than one stockholder offer to
"uy Salu SloCE' the same shalI be distributed
Eofdlhs 20 their holdings IN the corporation
, IN case OF the acceptance OF the offer under
the provisions hereinabove set forth, the price
;ueIeIor shali be paid IN cash within twenty
'uur h9uFS aller Such acceptance.
End. The rule hereinaboye set forth shall
govern IN case oi the death OF a stockholder,
WIN WIN the additiGnll proviso' IN such case, the
SURVIVING ,StoCEho!derS may at meeting
-diIed ana heId Tor that purpose, or at any
meeting heId aiter the death, call the said
''vTA dt Its O3oh value Plus ten per cent, es-
"a .ao'Isheu IN the manner above set torth tor
nc purpose oi conveying the SAID stock 10 the
~. '''C'S !" rne s"iu corporation
Article V.-The capital stock of this corpor.
lton may be increased to the sum of Fifty
thousand Dollars (SSOGOOO by A vote Of two
hlrds OF ali of the stock, at a meeting called