The herald. [volume] (New Orleans, La.) 1905-1953, 1914-06-18
and dispose of same on commission or other.

and dispose of same on commission or other
| wise.
Article ", The capital stock of this cor.
poratlon shall be $5O,WC, divided into five
hundred shares of the par value of one
hundred dollars per shar-, payable when is
sued IN cash; or other property, or for serv-
| ices rendered, or actually performed as de
cided by the board of directors, and this cor
! poraiiun IS 10 he going concern when $500
| Of SAID stock has been subscribed and paid
Tor. Zach share Of stock shall be entitled
j 10 one vote At all geueraI elections
| Article Y. No stOCkhOlGer shall ever be La
! Die or responsible for the Indebtedness, faults
| or defaults Of this corporation, nor shall any
mere IntormalIty in the organization Of the
/ corporation have any effect Of rendering The
| charter nall or oil eXpo,ing the stockholders
! 10 any liability beyond the unpaid balance.
! II any, on his stock subscription
Should any stakeholder desire 10 sell his
stock he shall FIRST offer the same to the
-i"gk1oidcrs Of the company through H.,
| board Of directors, and the stockholders who
desire TO purchase shall have the right TO
purchase ne same, IN proportion TO their
holdings ~ stock IN the company at book
value. Should any stockholders IN thirty
days after n.. Sc having been given, taIl or
refuse 10 purchase the stock offered Tor sale
such stock may he sold 90 any one
No transfer OF stock shall he made or held
10 be valid and binding unless made ON
the books "t the company, and unless made
ter
Article VI This corporation shall have all
CORPORATIONS
and shall have the power ~ contract, sue and
De rl"d m us corporate name. and TO own
hold receive, loan, lease, purchase sell and
convey or mortgage any or all OF its effects
or To hyPu'Icgatc ITS property, and to do
any and all acts or things Of any kind, ma
tuIe "r description, may be necessary to
cary ont the objects and purposes Of sand
business as Its interests and CoUveuIcnces
Article VII. The business OF said corpor.
alton shall be directed and vested m a board
OF directors composed OF three stockholders.
a majority OF whom shall constitute 4 quorum
for The Transaction OF all business. and the
~dd directors as nrNt constituted shall he
:. h. Stewart, A f. Mazurette IT,. and Emile
VI. h~bNi and they shall hold Office until
the nrst Tuesday IN Nav. 1915. and on th3,
day and from each and every day thereafter !
elections shall be held annually Tor directors |
AZ the principal office Of the corporation |
= "iluIg 10 mold an election on the day spoci-
n'd snail not dissolve the corporation. hu; |
the directors IN office shall hold their reSr,c,.
i've ONCE until an election shall be held
ai'eT ten days notice OF the time and place !
thereof given 10 each stakeholder The an |
nual election shall be held on the first Tursda, |
9i May i'l5, and thereafter on the first Tues |
day OF May Of each succeeding year, and the |
Llac.,oIS 2h95I he chosen by ballot. and the |
Ten a. m; and four ,. IN. All vacancies on |
me board OF directors occurring between cleo
.lon Tor whatever cause shall be filled by the
ItindlnlCE directors. The trSt hoard 81 Al |
-cctors and every succeeding board OF direc. |
tors thereafter shall elect its PRINCIPAL oft-
-eF> ior the term OF their election, and only
''ochh@IdcrS shall be eligible for election as
a member Of the board OF directors
Article VIII. Whenever this corporation
IS dissolved, either by limitation or Tor auv
,'heT cause, ITS affairs shall be liquidatcd by
ne u"iTd Gi directors, who ue hereby vest
"a with full power to sell any and all as
sets OF the corporation, either separately or IN
mass, and 10 convey tull and complete title /
hereto, and shall have full power TO do and
r. ar
uliy and completely liquidate the affairs
ma distribute the proceeds, If any, among
he stockholders OF the said corporation TO
he amount Of stock held by each
Article IN. This act Of incorporation may
e amended altered modified, or this cor
'orauon dissolved by vote OF three.fourths
Il the shares OF the total amount Of stock
4 meeting convened for that purpose after
en- days notice IN writing mailed TO the
ddreSs Of each stOckholder.
thus done and passed in my nOtarial Office
n the city OF New Orleans, State OF Louisi-
ma, on the day, month and year herein |
rst above written, and in the presence of !
'. Catchy Jones and William S. Edwards, !
ompetent witnesses, who have hereunto
gncd these presents, together with the par !
es herto and me, notary, after reading Of
le whole
Original Signed
Samuel b, Stewart, 10 shares; Emile NJ
lareS. .
Witnesses:
W. CATESBY JONES,
WM. s. EDWARDS
A. A. MORENO, Not Pub.
|, the undersigned Recorder of Mortgages, :.
and for the Parish of Orleans, State o. II
Duisiana, do hereby certify the above and i
regoing act OF Incorporation of the Plumb. q
; Speciality Manufacturing Company was :,
Is day recorded in my office in Book ll27 u
lilo -.
New Orleans. May y. 1914.
EMILE !. LEONARD, Rep. REC .,
| hereby certify the foregoing to be a true *
d correct copy OF the original now on file "a
my Office. ~
a. A. MORENO, Not. Pub. y
ne II s 3. July 9 1914 ~
iARTER OF EUREKA WATER MOTOR
E1MpANX