The herald. [volume] (New Orleans, La.) 1905-1953, 1914-05-21

RENECKY IS SATISFIED WITH
A LESS PROFIT. BUY YOUR
SHOES FROM HIM.
OF STANDARD NANIFACTCR RING COM
PANG. INCORPORATED.

OF STANDARD NANIFACTURING COM
PANG. INCORPORATED.
rrl,rd States ~ America. State uf Louisiana,
Parish al Orleans. CITY ot New Orleans
Be II known, that uu this twenty lghth day
ct the month Of April. IN the year OF our
Lord ou, thousand. nine kurlr,l and four
,r,r and Of the Irdrpcndcncr Of the United
States of America. the one hundred and tuIr-
ty-rfghth. before rC, Gu~'ayc Joseph k'cAu,
a notary public. Tor the Parish OF Orleans,
and IN the presence az the wliUcosr. herein
after named and undersigned, personally
came and appeared the several persons whose
names are hrrrun'o subscribed. who NcVcraily
/ declared, that ayalIlug themselves OF the law 5
at the State OF Louisiana. III such cases made
and provided. they have covcuantcd. contract
ed agreed and bound themselves and DO 10y
these presents covenant, contract agree and
bind themselves, as well as all such persons
"a, may hereafter become associated with them.
to form themselves into and constitute a cor
poratIoU and body polluc IN law tor the Oh.
JeCts and purposes and under the articles and
NtIpulatIous following, to-wlt:
Article 1.-The name and title OF this cor
poratlon shall be Standard Manufacturing
Company, Incorporated, which may be abbre-
waited into Standard Mig. Co., Inc.
The place chosen for It's domCile Is the City
Of New Orleans State Of Louisiana.
Article 1.-The objects and purposes Tor
which this corporation Is established and the
nature Of the business to be carried on by II
cleaning and polishing materials OF every
| kind and description and other articles OF
utility, to have and ENJOY succession by its
CORPORATE name for period OF ninety -nIne
| tpqJ years from and after the date OF this act
| to contract, sue and be sued under ITS cor
purate name: to make and use corporate
| seal, and the same to break, alter and amend
! at its pleasure; TO lease, hold, receive pur-
! chase and convey under its corporate name,
property, both real and personal, eIt"er IN TIN
| State or elsewhere, and to mortsage sell
! lease. exchange, pledge or otherwise acquire
or dispose OF same; to name and appoint such
| managers, directors and officers as ITS inter.
| est and convenience may require; 10 make and
| establish such bylaws, rules and regulations
| for the proper management and regulation OF
! its affairs as may be necessary and proper; &c
] borrow from time TO time such sums OF money
| as may be required for construction. repairs
| or acquisition OF property or franchises and
| for this purpose may issue bonds or other Oh
| legations secured by mortgage pledge, a:
| the case may be, OF the franchises and all the
| properties real and personal and incomes
revenues, contributions and receipts and paya
| bic in such terms and at such times AND
places as the Board of Directors, Trustees anC
| Managers OF Commissioners may direct o.
designate, with power to sell, pledge or other
| wise dispose OF said bonds, on such term
| as this corporation may direct or deem ex
| pedIent; to amalgamate, unite and consolidate
with other manufacturing corporations or com
panieS or hereafter existing under gene
raj or special law, or otherwise, whose OBJ
leCtS and business are in general OF the SAM
nature, and form thereby one CONSOLIDATED
company, holding and enjoying all the rights
-
longing to each, and under such corporate
name they may adopt or agree upon; {
borrow money, issue notes and Obligations
TO issue bonds OF the corporation secured b.
real estate or otherwise; to compromise or re
fer any matter to arbitration and to max
transactions in matters of litigation, TO con
duct, maintain and operate manufacturing
plants, Offices, branch Offices, and other estab
may be necessary, convenient, or deeme
proper for the prosecution of its business; an
generally TO carry on any lawful busi
ness or enterprise not inconsistent with til
constitutions and laws of this state and o
the United States. and TO do and perform al
that may be lawful for the carrying out of 1t
objects and purposes.
| Citations may be served OF the President
or in his absence, on any other officer OF tn
corporation.
ArticleIII.-The amount of the capital stoc
of this corporation is hereby fixed at tn
sum OF forty thousand dollars, divided int
four hundred shares of preferred stock an
four hundred shares of common stock, OF tn
par value OF fifty dollars $1,000 each. TIL
time when and the manner IN which paymer
OF the stock subscribed shall be made a
follows: The stock shall be paid for in cas-
when subscribed for, may be issued at nj
less than par for property actually received {
purchased by 1t, or for services actually reno
cred TO said corporation, provided that no frat
! tiOnal shares shall ever be issued. Both III
common and preferred stock absolutel
> non aSSessible. In case of the dlSsOlutlo
> Of this corporation either by limitation
, otherwise, the preferred stock shall be pait
at par only, in full, before the common stoc
shall be entitled to participate in the "a
: sets to be distributed, and the residue lef
after paying the preferred stock at par onl,
shall be ratably distributed among the con
i mon stock outstanding. The preferred stoc
| shall also be preferred as to earnings an
' shall be cumulative, nOn-voting, and bear di'
idends at the rate of seven per cent per al
mum, payable emi-annually, on the first da
of January and July in each year, and faiu
: TO pay the seven per cent dividends on Il