The herald. [volume] (New Orleans, La.) 1905-1953, 1914-05-28
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DENIS J.. !. 81 NHl itNE~.
April Goth. 1914.
ACT OF INCORPORATION

OF "UCNTER-HEATER COMPANY
State Of Louisiana, Parish Of Orleans, City
If New Orleans.
! BE II known, that on this twenty ninth day
| Of the month Of April, an the year OF our
/ Lord nineteen hundred and fourteen, and OF
/ the independence OF the United tatcs OF
| America the one hundred and thIrty-e.ghth,
| before me, ]. Henry Forcelie, Jr., notary
public. m and for the parish OF Orleans, state
/ Of Louisiana, aforesaid, duly commissioned,
sworn and qualified and III the presence OF
! the witnesses hereinafter named and under
signed, personally came and appeared: the
several persons whose names are hcTcuntO
subscribed, who sevcrslly declared that avail
| ing themselves Of the provisions OF the laws
OF the state of Louisiana, relative to corpor.
atons, particularly Act No. Is OF 1914, they
have covcnantcd and agreed and by these
presents do covenant and agree and bind
! themselves, as well as all such persons who
may hereafter become associated with them,
| TO form and constitute a corporation and
| body polite in law, for the objects and pur-
| poses and under the articles and supulatlons
! hereafter set forth and expressed, which they
! hereby adopt as their charter, to-wlt:
Article The name OF this corporation
, shall be 'Hunter-Heater Company, and I'M
| der its said corporate name II shall have
power and authority to have and enjoy cor.
| porate existence and succession for the full
| term and period of ninety years from
and after the date hereof, unless sooner dis
solved; TO contract, sue and be sued; to
make and use corporate seal and the same
to alter and break at pleasure; to hold, re-
Ceiye, accept, lease, purchase, own, ALLEVIATE,
convey, mortgage, hypothecate, pledge or 9TH
erwise dispose of or cucumber property, both
real and personal; 10 name and appoint such
officers, managers, directors, agents and en-
ployees the interest OF said corporation
may require; to make and establish such by
laws, rules and regulations as may be nee
essary and proper, and the same to alter,
amend and abolish at pleasure.
Article 1.-THE domicile OF this corpora
| ton shall be in the city of New Orleans.
state of Louisiana, and all legal process shall
be served upon the president Of said cor
poration and in his absence upon the vice
president or secretary.
Article III.-The objects and purposes for
which this corporation is organized and es-
tablished and the nature OF the business to
be carried on by II are hereby declared TO
be: To manufacture, buy, sell, either at
wholesale retail, to lease, rent or hire Hot
Water, Steam, Hot Air or any other form or
style of Heaters whatsoever and the con.
Quoting of general heater or heating bust
ness in all Of its branches.
Article IV.-The amount OF the capital stock
Of this corporation is hereby fixed at the sum
of twenty-five thousand dollars (S25,000), di-
vided into two hundred and fifty (25O) shares
of the par value of one hundred dollars
$4,000 each, said stock may be issued for
cash or its equivalent, real estate, bonds,
notes, good will, merchandise, goods, chattels,
labor done or services actually performed for
said corporation, or such other property as
the boa.d of directors may approve.
This corporation shall become a going con-
Germ as soon as the sum of ten thousand dol.
lars (sl0,OOOOO) of its capital stock shall have
been subscribed for.
No transfer of stock shall be binding upon
the corporation unless made upon the books
in person or by proxy. No stakeholder shall
have the right to sell any of the shares held
by him without having first offered the same
TO the corporation, through its board of d.
rectors, and said board shall have the privi-
lege OF purchasing said shares within five
days thereafter, for cash at the book value,
and all shares thus purchased may be re-
issued.
Article V.-All the powers of this corpora
ton shall be vested in a board of directors,
composed of not more than FIVE nor less than
three stockholders. At the annual election
in each year the stockholders shall have the
right TO FIX the number within the limitations
herein established to compose the board for
the ensuing year.
The board Of directors shall fix the number
necessary to constitute a quorum of the
board.
Said board of directors shall be elected an
nually on the first Monday of June in each
year; all said elections shall be by ballot,
and shall be held and conducted at the Office
ulations as may be established by the board
OF directors; ten days prior notice of said
election shall be given by written communi-
cation addressed to the stockholders at their
last known place of residence.
At all such elections and at all corporate
meetings every stakeholder shall be entitled
10 one vote for each share of stock standing
IN his name on the books Of said corpora.
ton, to be cast by him in person or by proxy,
and the majority of such votes cast shall
elect.
Any vacancy occurring among the directors
OF said corporation, whether by death, resig-
nation or otherwise, shall be filled by cleo
ton for the unexpired term by the remaining
directors; failure TO elect directors on the
date above specified shall not dissolve the
corporation or impair its existence or man
agemcnt, but the directors then in Office shall