The herald. [volume] (New Orleans, La.) 1905-1953, 1914-06-11

and dispose OF same on commission or other
wise.
Article ". The capital stock of this cor
poraton shall be 5000, 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, actually performed de-
cided BY the board Of directors. and this cor
pOratlun IS 20 be a going concern when $500
Of said stock has been subscribed and paid
for Each share OF stock shall be entitled
20 one vote At all geucraI elections.
Article V. No stockholder shall ever be liza
he or responsible for the Indebtedness. faults
or defaults Of tins corporation. nor shall any
mere inf0rualIty IN the organization Of the
corporation have any effect OF rendering the
charter null or Of eNpoeiug the stockholders
20 any liability beyond the unpaid balance.
# any. on his stock subscription.
Should any stoCkhoidcr desire 10 sell his
stock he shall HrSt offer the same % the
Stockholders Of the company through its
board OF directors, and the stockholders who
desire 20 purchase shall have the night 10
purchase the same, IN proportion TO their
holdings %: stock IN the company ~ book
value Should any stockholders in thirty
days after notice having been given. fail or
refuse 90 purchase the stock offered for sale
such stock may D, sold TO any one.
No transfer of stock shall be made or held
to Ice valid and binding unless made on
the books II the company, and unless made
IN pursuance 81 the provisions OF tins char
Article VI This corporation shall have all
power, granted 10 such corporations by law,
and shall nave the power ~ contract, sue and
be sued Iu Its corporate name. and 10 Own.
hold, receive, loan, lease, purchase. sell and
convey or mortgage any or al OF Its effects,
or p" hyp"iheoa'e ITS property, and 70 d.
any and all acts u- thugs II any kind. IA
turc or description, as may be necessary to
cary out the object, and purposes Of said
business as ITS interests and cunycuIcuc,s
may require.
Er,icle VII The business Of said carpor.
alton shall be directed and vested IN a board
OF directors composed 81 three Stockholders.
a majority OF whom shall constitute q quorum
Tor the Transaction Of all business. and the
= b. Stewart. \. r. Mazurctte Jr., and Emile
VI. R1bst, and they shall hold office until
the FIRST Tuesday IN May, l'l5, and that
day and from each and every day thereafter
elections shall be held annually Tor director,
At the principal Office Of the corporation.
Failure To hold an election on the day speCi-
he'd shall not dissolve the corporation, hu,
the directors m office shall hold their rcSpcc.
tive once until an election shall bc held
after ten days notice Of the time and place
thereof given to each stakeholder. The an
nual election shall be held ON the first Tuesday
of May, 1915, and thereafter on the first Tues
day OF May Of each succeeding year. and the
directors shall be chosen by ballot and the
election shall be held between the hours Of
ten a. m. and four ?. m. All vacancies on
the board OF directors occurring between cleo
uUn for whatever cause shall be filled by the
remaining directors. The hrs, board Of di-
rcctors and every succeeding board OF direc-
tors thereafter shall elect its principal Off
GERS for the term Of their election, and only
stockholders shall be eligible for election as
a member Of the board Of directors.
Article VIII Whenever this corporation
Is dissolved, either by limitation or for any
other cause, its affairs shall be liquidated by
the board OF directors, who are hereby vest
ed with full power to sell any and all as
sets OF the corporation, either separately or in
mass, and TO convey iuil and complete title
thereto, and shall have full power to do and
perform all acts necessary and proper To
fu'iy and completely liquidate the affairs
and distribute the proceeds, II any, among
the amount Of stock held by each.
Article IN. This act Of Incorporation may
be amended. altered or modified or this cor
poration dissolved by d vote OF three-fourths
at meeting convened for that purpose after
ten days notice in writing mailed TO the
address OF each stockholder.
Thus done and passed in my notarial Office
in the city of New Orleans, State of LouisI-
ana, on the day. month and year herein
first above written, and in the presence of
W. Catchy Jones and William S. Edwards,
witnesses, who have hereunto
ties herto and me, notary, after a reading Of
Original Signed
D Samuel B. Stewart 70 shares; Emile NJ y;
shares.
Witnesses:
W. CATESBY JONES,
VIM. 5. EDWARDS.
A. A. MORENO, Not. Pub.
l. the undersigned Recorder of Mortgages,
in and for the Parish of Orleans, State o!
Louisiana, do hereby certify the above and
foregoing act of Incorporation of the Plumb
ers Speciality Manufacturing Company was
this day recorded in my office in Book llG
Folio =.
New Orleans. May u. 1914
EMILE ]. LEONARD, Rep. REC.
/ hereby certify the foregoing 10 be true
and correct copy of the original now on file
in my office.
A. A. MORENO, Not Pub
June II 8 25, July 2 9 1914
CHARTER OF EUREKA WATER MOTOR