The herald., 1914-04-09
CHAR TER
OF ALGIERS ELECTRIC WELDING COM.
PANN- limited

OF ALGIERS ELECTRIC WELDING COM.
PANY. LIMITED.
United States OF America, State of Louisiana,
Parish OF Orleans City of New Orleans
BE it known, That on this 10th day of
March, in the year one thousand nine hun
dred and fourteen, before me, Robert +.
O'Connor. a notary public, duly commissioned
and qualified, IN and for the parish of Or
leans, State OF Louisiana, and in the pres
enCe OF the witnesses hereinafter named and
undersigned, personally came and appeared,
the several persons whose names are here
unto subscribed, who each Severslly declare,
that availng themselves of the provisions
Of the laws Of the State OF Louisiana, rela-
tive to the organization OF corporations, they
have Covcnanted. agreed and do by these
presents mutually covenant and agree and
bind themselves, to and with each other, as
well as such other persons who may hereafter
become associated with them, to form and
constitute a corporation and body polite in
law, for the objects and purposes, and under
the agreements and stipulations following,
viz.
Article l. The name and title Of this cor
poration shall be Algiers Electric Welding
Company, Limited, and under its said
poratc name shall have power and authority
10 have and enjoy succession, for the full
term of ninety y-nIuc t9SD years, from and after
the date hereof; to contract, sue and be sued;
20 make and use corporate seal, and the
same 10 break or alter at pleasure; to hold,
receive, lease, purchase and convey, as well
as to mortgage and hypOthCCatc property, real,
personal and mixed, CorpOreal and inCorpOr-
I
ayers, agents and directors as ITS business
interest and convenience may require; and
10 make and establish, well as alter and
amend, from time to time, such bylaws, rules
and regulations, for the proper government
Of the affairs OF the corporation, as may be
necessary and proper
Article ii. The domicile OF this corpora
tion shall be in the City OF New Orleans,
Parish of Orleans, State of Louisiana, and
all citations other legal process shall be
served on the president OF said corporation,
or, in the event Of his absence the vice
president.
Article Ill The objects and purposes of
this corporation are declared to be to con.
duct the business Of welding; to do all kinds
OF electric, oxy-acetylene, thermite, and all
other forms OF welding; TO manufacture and
repair boilers, tanks and similar work, and
to do and perform all general machine and
repair work Of every character and kind in
metals.
Article " The capital stock Of the said
corporation Is hereby fixed at ten thousand
dollars CSlOnmOO divided into and repre-
scntcd by one hundred shares Of the par
value OF one hundred dollars $4,000 each.
SAID stock or any part thereof may be is
sued tor cash and in payment for the pur-
chase Of patents and patent rights, and for
property or machinery and materials actually
delivered, or services actually rendered to
this company. The board of directors as
hereinafter created IS especially authorized to
dispose Of the stock Of this company in whole
or in part, for any and all OF the purposes
-
fair and proper. This company shall begin
business soon as FIVE thousand dollars
G5D00O of its stock shall have been sub
scribed, and this charter shall be the orig
inal subscription list.
Article V. All the corporate powers of this
corporation shall be vested in, and exercised
by a board of directors composed of fve Isl
stockholders, who shall be elected annually
on the last Friday in February of each year,
beginning with the year 1914, a majority of
said board shall constitute a quorum for the
transaction of any and all business
At all elections each stockholder shall be
held by him, and a majority Of votes cast
shall elect A failure to elect directors at a
regular meeting shall not dissolve the cor
poration, but the directors then in office will
continue to act until their successors are
elected and qualified Notice of the time of
holding any and all meetings shall be given
by the secretary to each stockholder, such
notice to be sent by mail, FIVE days before
such meeting. and directed to each stock
holder at his last known address.