The herald. [volume] (New Orleans, La.) 1905-1953, 1914-05-07

ACT OF INCORPORATION

ACT OF Incorporation
OF "HUNTER-HEATER COMPANY"
State of louisiana Parish Of Orleans, City
OF New Orleans
BE II known, tina, on this twenty-ninth day
If the month OF April. IN the wear OF our
Lord nineteen hundred and fourteen and Of
the Indcpc ndcucc Of the United tatcs Of
America the one hundred and thirty eighth,
before me J. Henry ForcelIe. r., notary
public. IN and for the parish OF Orleans, state
Of Louisiana, aforesaid, duly commissioned.
sworn and qualified and in the presence Of
the witnesses hereinafter named and under
signed, personally came and appeared: the
several persons whose names are hereunto
subscribed. who scvcrally declared that avail
ing themselves OF the provisions OF the laws
OF the state 'Of louisiana relative to Corpor.
atIonS, particularly Act No. 7S OF 1904. they
have cuvenanted and agreed and by these
presents DO covenant and agree and bind
themselves, as well as all such persons who
may hereafter become associated with them,
20 form and constitute a corporation and
body polite IN law, Tor the objects and pur-
poses and under the articles and stipulations
hereafter set forth and expressed. which they
hereby adopt as their charter, to-wIt.
Article The name Of this corporation
shall be "Hunter-Heatcr Company" and I'M
der its said corporate name 1t shall have
power and authority to have and enjoy cor
poTatc existence and succession for the full
term and period OF ninety-nine years from
and after the date hereof, unless sooner dis
solved; to contract, sue and be sued; 10
to alter and break at pleasure; to hold, re-
ceIve, accept, lease, purchase, own, ALLEVIATE,
convey, mortgage, hypothecate, pledge or 9TH
erwise dispose OF or cucumber property, both
real and personal; 10 name and appoint such
officers, managers, directors, agents and en-
ployees as the interest OF said corporation
may require; to make and establish such by
laws, rules and regulations as may be nee
eSsary and proper, and the same TO alter,
amend and abolish at pleasure.
Article 1.-THE domicile Of this corpora
hall he he pF nr1.
state OF Louisiana, and all legal process shall
be served upon the president of said cor
poration and in his absence upon the vice
president secretary.
Article III.-The objects and purposes for
which this corporation is organized and es
tablIshed and the nature of the business to
be carried on by IT are hereby, declared to
be: To manufacture, buy, sell, either at
wholesale or retail, TO lease, rent OF hire Hot
Water. Steam. Hot Air or any other form or
style OF Heaters whatsoever and the con.
Quoting OF a general heater heating bust
ness in all of its branches.
Article lN.-The amount OF the capital stock
Of this corporation is hereby fixed at the sum
Of twenty-five thousand dollars (S25OOO, Dr.
vided into two hundred and fifty (25O) shares
Of the par value OF hundred dollars
$4,000 each, said stock may be issued for
cash or its equivalent, real estate, bonds,
notes, good will, merchandise. goods, Chattcls,
labor done or services actually performed for
said corporation, or such other property as
the board OF directors may approve.
ms corporation snail become going con-
Germ as soon as the sum Of ten thousand dol
lars (Sl0OOOO) Of its capital stock shall have
been subscribed for
No transfer of stock shall be binding upon
the corporation unless made upon the books
IN person or by proxy. No stakeholder shall
have the right to sell any of the shares held
by him without having first offered the same
to the corporation, through its board of d.
reCtors, and said board shall have the priyi-
lege of purchasing said shares within five
days thereafter, for cash at the book value,
and all shares thus purchased may be re-
issued.
Article V.-All the powers of this corpora
ton shall be vested in a board Of directors,
composed of not more than five nor less than
three stockholders. Al the annual election
in each year the stockholders shall have the
right to fix the number within the limitations
herein established to compose the board for
the ensuing year.
The board Of directors shall fix the number
necessary to constitute a quorum Of the
board.
Said board of directors shall be elected an
nually on the first Monday of June in each
year; all said elections shall be by ballot
and shall be held and conducted at the office
of the corporation, under such rules and reg
ulatons may be established by the board
OF directors; ten days prior notice Of said
election shall be given by written commune
cation addressed to the stockholders at their
last known place of residence.
AT all such elections and at all corporate
meetings every stakeholder shall be entitled
to one vote for each share of stock standing
in his name on the books of said corpora
ton, to be cast by him in person or by proxy,
and the majority of such votes cast shall
elect.
Any vacancy occurring among the directors
of said corporation, whether by DEATH resg-
nation or otherwise, shall be filled by cleo
ton for the unexpred term by the remaining
directors; failure to elect directors on the
date above specified shall not dissolve the
corporation or impair its existence or man
agement, but the directors then in Office shall
m of heir hail
have been duly elected and qualified.
The officers of this corporation shall con-
sist of a president, vice president, secretary
and treasurer; the secretary and treasurer