The herald., 1914-07-09

into a corporation and body polite in law for
the objects and purposes and under the ar
ticles and stipulatiOnS hereinafter set forth
and expressed. and under the following terms
and conditions, to-Wlt.
Article The name and style OF tins cor
Poration shall be THE ELANERIE MANI
FACTURlNG COMPANY, and under that
name II shall have and ENJOY corporate cN-
iStence and succession for period Of ninety
nine years, from and after date hereof, un-
less sooner dissolved, IN tne manner herein
after provided; To contract, sue and be sued;
to hold. receive, purchase and convey, as
we'll as mortgage, hypOthecatc and pledge,
property both real and personal; to issue ne
gotiable bonds and notes; 10 name and ap
point such managers, directors, OttCcrS and
agents and other employees as ITS interests
may require; and TO make and use a cor
porate seal, and the same to alter and change
at pleasure, and to make and establish such
bylaws, rules and regulations for the proper
management and control Of the affairs OF the
said corporation, as may De necessary and
proper, and the same to alter and amend al
pleasure.
Article 1.-THE domcile Of this corporation
shall be in the city Of New Orleans, parish
Of Orleans, state ot Louisiana. All citations
and other legal process shall bc served on the
president OF the company. or. IN the event of
his absence from the city or disability to act,
upon the vice-presidcnt, or the secretary
treasurer
| corporation Is formed and the nature Of the
| business To be conducted by II are as follow ::
l. To manufacture and deal in acctylcne
| generators and all appu,tcuauceS, equipments.
| appliances. accessories, pertaining thereto.
| ). To buy all and any kinds OF patents OF
| any description, manufacture articles repre-
! Sented by such patentr. equipments, dppll-
| anCCs, accessories, pertaining thereto.
| !. To manufacture and sell asbestos and all
! rubber goods or compositions, including as
] beStuS or rubber, To- manufacture and sell as
! bestos roofing; To manufacture all kinds Of
| roofing, and to deal therein; To construct, adj
, just and place the same on buildings and
| structures. and To make aud deal in all kinds
OF roofing, fibre and fairies and any article
! whatsoever pertaining thereto.
| !. To deal IN all kinds rf supplies generally V,
| as well having the right to buy, sell,
| either on consignment or commission, any and
! all articles necessary to carry on the above
I business and to do all and any other kind
Of business and any act or thing that may
be necessary To- carry out the objects and pur-
poses Of the said corporation outlined
| above.
Article IV.-Thc capital stock Of tins cor.
poratIon Is hereby hNed nt the sum Of twenty
five thousand dollars CS2SOGO). To be repre-.
Sentcd by two hundred and fifty shares At the
! par value Of one hundred dollars $500 each
| and three thousand dollars $1,000 OF the sand
| capital stock must hc subscribed and paid m
cash or its equivalent before the company can
! organize and become going concern. The
! remaining shares of said stock shall be ISSUED
| by the board of directors as they may see
int and proper
| All shares of stock must he paid for in cash
| ITS equivalent property received, or labor per
| formed. and must be fully paid for before
| the issuance OF the certificate therefore, and
| shall be uOn-aSSCS Ssdblc.
! Said stock shall be represented by stock Ger.
tiiCateS transferable only the books Of the
company. the surrender Of the outstanding
| certificate, or due proof Of loss
| Before any stock can be transferred it must
! be first offered in writing. and at its book
! value. 10 the board of directors of the cor
poration, who shall have the option of pur-
chasing the same at the said book value a,
| the time the said stock is offered: and should
| the directors fail to make purchase OF the
| said stock within thirty days from the time
! OF offer, then the holder and owner Of the
| stock may dispose OF il on the open market.
| The said capital stock Of this corporation
| may be increased or diminished by proceed
| ings taken in accordance with the laws of the
| state Of Louisiana.
Article V.-The office,s Of this corporation
] shall consist of a president, a vice president