The herald., 1914-10-01
THE HER AID
CHARTER
OF. CHARLES FERRAN & COMPANY, INC.
l nlted States OF America, State OF Louisiana,
Parish OF Orleans, City OF New Orleans

month Of Septer7br- IN the - of IJJ,r ,rE
one thousand nine hundred and fourteen. and
! Of the indcperdcrre of The United S-a.rs ,t
| America The one burdreJ arJ tL;r,,,.,.,,, J.
before me. Charlie, l. penc,haud. a notary
| public duly commissioned and gtIaIi@,i m
| and for this city and the parish OF O-Ieans
! therein residing and i'm fh, presence of ,.,
witnesses hercruaf'r- named and rrdrr,rg-r.f
| personally came and .r,T.,4-,T. fr. -.,.-,'
! persons whose name, are rr-f.,tr. subscribed
| Who scyrr.lly d,.r.-rl ,r4. -,4;I,r, III.
| ~,.yCs If The 'ty, .t ,r, -tsr, Of Igrfr.-..-,a
! In such cases made and provided rN,y r.,.
/ pty,uautrd and agreed md a, l, ,I,.r -
| rut- covenant and agrre f.i bind rf.rg.-.r...
/ a~ well as an such person, AS may i,-..r....r
! become associated vFtr rrrr-. g., /, ---, a. .-
! r.-l'.an tor the object, and iri-r.,c- md nh
| der the articles and -,l,-...f,.~ f.rr. ..,-r,,
r.-"rt.
/ ArUg.c The name rf this r.-r..r.r-....
shall he It ir.rI.- T,--.r and i..-.-..,., h., b.
.r. under ITS -f.i CORPORATE, -- .-,.. D, ~. 81
! have power and authority Z, have and ,r..l.
corporate rN.-.ar.. and ,f...--. -..-r - -...
tgI term and u,-..E .' r.-..,y.rr-,, ,,..-
from ard after The t.rr hr-r.... q, ,...,.--..,
-rc and hr ~srH. r. make. ..F -... . ....-. ..
a'r seal. and the -...r 10 alter and r-,..L at
pleasure. 20 hold. receive. lease. purchase. ..f
convey. a~ well lis r..-,..-.r ..-, ......
property. real pgr-,r.I and mixed ,.-fa.-....
and lgearpo-ral: .u name AVID ar'r.,-. sui
managers g.,...., 4...,.r. i M 81. ..'. ~ !.
lusrnr,.. .m,,rc,,, and .,r,,,',,.,... ~ .'
gu.ra. and O., make and establish. .. o.rr g.
alter and amend from. time 10 ri.., ..,...r .,,,
laws. rule, and REGULATION, for rI. rr..r,..r
Government OF the. ,rr..--, ID. sd r.r.. r.,'.
d, may be rrr,,..-, and n-nn,.- ''.''''
Article 1.-The d..-lgIlr. of said r..-r.-7-
fion shall be Iu the rrrv of New Orl.ar. So.
.oj Louisiana, and all citation, or Other I,.raI
process, shall De served lfpu tT, me-. l,r., -
sald corporation. or iu lhc went nf ms IN,
~cuCc. upon the vice. president Thereof nd
Iu The absence uf both of ,aId onirers -,r.,,r,
the secretary treasurer Of ,.II ror,,-a-ioI
Article IlI.-Tlr object, and rurr,s.s E.-
which Tins corporation ., Organized and rs
tablshcd and the nature Of tG. LsI.-rr.-. n,
be carried on Iy II are hereby declared =, he
10 engage in the general machinery hrsrr,..
in all OF its branches IN the state Of IoIIy.,.
ana and elsewhere, and in connection wIrb
said busluc,, and a., nm Of tI. ND. - "a
OF to buy, own. operate lease and IpI sr ,g s5a,.
Tor the construction, erection and rrpaIrs ot
and 10 machinery, electrically. steam b7rJ
or otherwise driven: 10 acquire hy r-,Es.r
or otherwise machinery or parts of r,trbimTry
OF every kind and nature. the sane ~ Iii
either in the form and shane IN which ~ 49,
acquired or after having been altered NJ ,dI
ed to; TO acquire and dispose of patents and
patent rights, to erect and construct ru3chin.
cry or the parts thereof tlpoD n liz. -.
and generally to do and perform mon com,
mission, retail and wholesale basis any ar5
all things Incidental, pertinent or ucrrsslr,.
to the objects and purposes Of this co-p1r., |
tIOn.
Article IN-The capital stock OF this cor
pOratiun is hereby hNcd AT the sum of tf,,,
thousand dollars i$5UUOOm. divided into mi
represented Ci4 ,.t
stock OF the par value Of one h,Iudrrd dol |
lars $4,000 each said stock shall he paid |
Tor in cash or IN such in>tallments and - |
such time and after such notice TO slbsrrIie~s |
IS the board OF directors NAV rN or ssrr,
may be issued at not less than bar for Iabor
done or services performed f,r Ia r,rD,r, |
ton or for propcrty or rights srtraiIyt 80"
ceived by said corporation.
Thirty thousand two hundred CSl 1-OlD |
dollars OF the capital stock has been s,,b
Scribed to the corporation at the time Of ms.
ing this act Of incorporation and this corno--
alton will become a GOING co,r,r,, ii III
be authorized 10 commence business ,ybrn
and as soon as twenty-five thousand DOLLS
S2S,0o0OO) Of its capital stock shall have been
paid for
All transfers of the canitaI storL of ,b; |
shall be made and r1teTrJ ", |
he stock book OF the CORPORATION and Dn
transfers shall be in any manner binding ON
his corporatio, rrirss 81 srt,r,i '''e va
No sale of stock of This cornor3tiop shall lo
,alid unless first offered for a neriod nf ten
lays to the stockholders. through The. board
# directors at price NOT to evceeJ ;,s ~
,dlue pom the failure OF the sfnrLhoId,-s
o avail themselves of such purchasr. NOT,
ion of such fact shall be made nv The sec-e
ary-treasurer upon such cerfiTrate ~ Com
ates having been previously rendered in ac.
ord3uce herewith and t,sra,ftc~ - -: |
nay be sold without further rcStrictio1 So,
eeding purchasers thereof. shall hoyrcyrr |
e required 10 offer the same 10 the sforL. |
olders Tor the term and at the value herein. ,
OF
nd all stock ACQUIRED in this cornoTation shall
e subject TO the provisions Of This cbartrr q
Article V-The capitaI stork Of tbIs COZ. I
Grafton NAV be increased 10 the sur, ~ ona I
undred thousand dollars CS10O nOO n0l by c
ote OF two-thirds of ali of The stock a. q
leeting called for that purnoSe =
Article NI-All the corporate no,vers NJ :
MS corporation shall be vested il, and exeT. a
sed by a board of directors comnosed NJ =
lree stockholders, A majority Of Whom, Sb,Ii I
institute quorum for the transaction of ;
usiuess Said directors shall he elected AZ I
general meeting of the Stockholders Of tbGS r
lrporation, to be held on the second No,dav p
January in each wear. unless said day p
lall be legal holiday in which event I'D
lection shall be held on the next succeeding Il
lsiness day Notice of said election sb,ii Il
2 given to each stockholder in writing ~, a
tier addressed and mailed TO his last k6ovn Il
.sidence at least fifteen days before sncb e
Getting. y
The board Of directors shall at ;,s 6rs, O
Getting elect from among its rnernbers n No.
ent a yice.presideut and a secretarv.frea. 2
lrer p
ANY vacancy occurring among the direc a
Rs NJ This cornorat;o, h, Jea,b s;t' A
otherwise shall be filled by election for the
lexpired term by the remaining directors ii
ON among the stockholders OF this cornor d
ion. b
The first election for directors shall be held d.
the annual meeting of the corporation on
c second Monday in January 1915 until il
hiCh time or until their successors shall h,