The herald. [volume] (New Orleans, La.) 1905-1953, 1914-03-05

harvesting and other machinery and devices /
and generally to DO all things that may be |
required or be convenient for the accomplish |
urut of the objects above set forth.
Article ~. The capita! stock Of this cor |
pora''on IS hereby nNed at the sum Of Two
million I'VE hundred thousand dollars Is |
10000, divided INTO and represented by |
twenty-five thousand shares Of the par value !
OF hundred dollars $4,000 each.
The stock OF this corporation shall be full !
paid and worcestershire, and may be issued
for money or property paid or made over TO
the corporation, and IN payment tor services
or labor performed for it, at valuations 10 be
liked by the Board Of Directors.
Transfers Of said stock shall not binding
on the corporation unless recorded on IFS
books, and shall be further subject to such
rules and conditions as the Board Of Direc-
tors may prescribe.
The stock Of this corporation shall be en-
Titled to dividends, payable IN cash or other
wise, and to share IN the assets and funds
Of the corporation as the Board Of Directors
may declare OF prescribe, and as It may deem
eNpedIeut
This corporation shall begin its operation
and business soon one thousand dollars
Sl0nDl Of its capital stock be subscribed
and paid for.
Article V. The corporate powers Of this
corporation, including the power 10 make and
amend its bylaws, and the management and
control Of its affairs, with power 10 issue
bonds and other certificates OF Indebtedness,
shall be vested IN and exercised by a Board
OF Directors, composed OF seven "a stock
IN person or by written proxy. shall constl-
tute a quorum for the transaction OF all bust
ness.
Any director. in his absence from any meet
ing of the Board OF Directors, shall have
the right TO appoint IN writing any other
director as his proxy, with full power to act
IN his stead at such meeting.
The directors shall be elected annually by
ballot by the stockholders the nrst Thurs
day in February OF each year but failure
TO hold such annual meeting Of stockholders
nIaeW 1twa.a F..-z ..NH.
poration shall not be regarded a forfeit
ure of this charter. In event OF such failure,
such election may be held thereafter as may
be prescribed in the bylaws Of the corpora
ton.
All elections shall be held under such rules
and regulations as may be prescribed by
the Board of Directors, and the directors
when elected shall continue in office until
the next regular annual meeting of stock
holders and until their successors shall have
been duly elected.
Any vacancy occurring on the Board of Di-
rectors shall be filled by the remaining di-
rectors for the uneXpired term.
Special meetings Of the stockholders of the
corporation may be held under such rules
and regulations as may be prescribed by the
At all meetings Of the stockholders of the
corporation a majority OF the outstanding cap
ltal stock must be represented to constitute
a quorum tor the transaction OF all business
and each stakeholder shall be allowed to vote
either in person or by written proxy, one
vote for each share OF stock owned by him.
All notices of stockholders meetings must
be be mailed at least ten days before the
date of such meeting.
Article VI. The officers of this corpora
ton shall consist of President, a Vice Pres
Ident, a Secretary and a Treasurer. The
office of Secretary and Treasurer may be held
by one person.
Said officers shall be elected by the Board
Of Directors at meeting Of the board, which
| shall be held Immediately following the cleo
| ton OF the directors In event OF failure
to elect said officers at said meeting of the
| Board OF Directors, said election may be held
| Directors, and said officers when elected shall
| continue in office until their successors shall
have been duly elected.
| Article VII. Until the annual meeting of
| the stockholders TO be held on the first
| Thursday in February, 1915 and until their
/ successors shall have been duly elected the
following named persons shall constitute the
| Board of Directors of this corporation: F. M
| Cockrell, Jr., Eustace L. Williams, J. Law
| Boyd, VIM. h. Penick, Mark Edgerton, w NJ
Anderson, VIM. P. Luck
Immediately following the meeting of sub
scribers at which this charter is adopted, sale
Board of Directors shall, without further no
tice, hold meeting for the purpose of adopt
ing bylaws for the corporation, and for III,
transaction OF such other business as it ma,
deem desirable or expedient.
Until the meeting of the Board Of Direc
tors following said meeting of the stock
holders on the first Thursday in February
1915, and until their successors shall hav
been duly elected, the following named per
sons shall be the officers of this corporation
F. NJ. Cockrell, Jr., President; Eustace /
Williams, Vice President; J. Jay Boyd, Sec
Rotary; VIM. B. Fenick, Treasurer.
Article VIII. Liability of the stockholder
: OF this corporation for any contract or fault
of the corporation shall be limited to an
unpaid balance that may be due by them rC
spectively on their subscriptions.
No mere informality in this incorporate
shall render this charter void, or expos
j stockholders TO any liability beyond III
! amount of their stock.
. Article TX. This charter may be amende
or this corporation may be dissolved wit
the assent of stockholders owning a majorit
> of the outstanding capital stock at a meetin
; convened for that purpose.
6 In the event of dissolution of this corpo
: alton by expiration of this charter or othe
!, wise, the affairs of the corporation shall
: liquidated by three stockholders, to be cleo
' ed at the meeting ordering such dissolutio
The subscribers hereto have set oppos
their respective names the amount of Il
capital stock subscribed by them, and sal
: signatures shall be regarded as the origin
& stock subscription list of said corporation
> Thus done and passed, in my office, at II
. City of New Orleans, Louisiana, the da
month and year first hereinabove written,
: presence of Messrs. Percy L. Luck and J.
. sign their names with said appearers ar
: me. notary, after due reading of the whole
. Original Signed: J. J. Douglas, 100 share
by Eustace L. Williams; Archibald B. Youn
IS shares, by Eustace L. Williams; Max
Simons, 5 shares, by Eustace L. William
i Charles G. Lucas, 10 shares, by Eustace
Williams; F. NJ Cockrell, Jr.. II shares; Eu
tace L. Williams, s shares; J. Jay Boyd
shares; VIM. p. Luck, l share; Louis n. Ian
2 shares; Mark Egerton, / share, by F. ]
. Cockrell, Jr.; Herman Theumann, g share
I by F. NJ. Cockrell, yr; Kendall Whittier,
. shares, by F. NJ. Cockrell, Jr.; Vim. B. Pc
: lex, % shares, by Eustace L. Williams; Y
: NJ. Anderson, II shares, by Eustace L. WI
liams; Robert ]. McBryde, Jr., IS shares, [
Eustace L. Williams; r. E. Hughes, 10 share
by Eustace L. Williams.
l, Emile ]. Leonard, Deputy Recorder
n Mortgages, for the Parish Of Orleans, herel
{ certify. that the foregoing charter of the Coo
: rell Manufacturing Company, Limited, w
' this. day recorded in my office in Mortgaj
!. Book lll9, Folio -.
: New Orleans, La. February 70. 1914.
: (Signed) EMILE J. LEONARD,
. Deputy Recorder of Mortgages
hereby certify the foregoing to be tr,
v and correct copy of the charter of the Coo
, rell Manufacturing Company, Limited, az
= Of the certificate Of the Deputy Recorder
Mortgages thereto attached.
! New Orleans, Louisiana, February l9 lql
: ALIENS BRIAN, Notary Public.
| Feb26-MCh5- l2-l9-26-Apr2
6 The Spur.