The herald. [volume] (New Orleans, La.) 1905-1953, 1914-06-11
CHARTER OF
}. L MCMAHON & SONS UNDERTAKING

| CHARTER OF
P. ]. MCMAHON SONS UNDERTAKING
| State Of Louisiana, Parish of Orleans.
BE It known, That on this Twenty-hfth
day OF the month Of May, in the year Of Our
Lord, one thousand nine hundred and four
| teen. and of the Independence of the United
States OF America, the one hundred and tflir-
| ty-elghth, before me, FREDERIC CHARLES
MARN, notary public, in and for the Parish
| OF Orleans, State of Louisiana, duly COM
| mIssOned and qualified and acting as SUCH
and IN the presence OF the witnesses herein
after named and undersigned, personally came
| and appeared the several persons whose names
| are hereunto subscribed, who severally de-
clared that, availing themselves of the laws
| OF the State OF Louisiana in such cases made
and provided, and particularly of the provi-
sions OF Act. No. 20 OF the Acts of the General
Assembly of the State of Louisiana for the
| year 1904, they have covenanted and agreed,
and bind themselves, as well as all such
persons as may hereafter become associated
with them, TO form corporation, for the OBJ
! Jects and purposes and under the articles and
| stipulations following, to-wit:
Article !. The name and title of this cor
PoTation shall be "P. J. MCMAHON & SONS
| UNDERTAKING COMPANY" Under its
said name this corporation shall have power
| and authority to have and enjoy corporate e1-
| istence and succession for the full term and
| period OF ninety years from and after
| the date hereof; to contract, sue and be sued :
| 10 make and use a corporate seal, and the
| same 20 alter and break at pleasure; to hold
| receive, lease, purchase and convey or acquire
IN any other manner authorized by law, as
well as mortgage, hypothecate and pledge
| property, real, personal and mixed, corporeal
ana lneorporeal; to accept by donation, or &C
| quIre in any other manner authorized by law
cash; to name and appoint such managers
| agents, directors officers and employees as its
| business interests and convenience may re-
| Quire; and to make and establish as we'll as
| alter and amend from time to time, such by
| laws, rules and regulations for the proper
government of the affairs of said corporation
as may be necessary and proper; and, gen.
orally, TO do and perform all things necessary
| or incident to the proper conduct of the al
fairs of this corporation.
| Article III. The domicile of this corpora
| ton shall be in the city of New Orleans
State of Louisiana, and all citations or other
| legal process shall be served upon the pres
| ident OF SAID corporation, or, in the event of
his absence, upon the vice president, and, in
| the absence of both of said officers, upon the
| secretary of the corporation.
| Article III. The objects and purposes for
which this corporation is organized and the
nature of the business to be carried on by
| it, are declared to be as follows:
| First-Io do general undertaking and liy-
cry business; and, to that end, to conduct,
Orleans, State of Louisiana, and elsewhere,
| the purchase, general acquisition and sale of
| horses and mules, and other live stock; car
| biles and other vehicles.
Second-To hire out for any length of time
| the live stock and vehicles, owned or con-
| trOlleQ by the corporation; and to board and
store live stock and vehicles for ether per
sons, for a consideration.
| Third-To do any and all things necessary
| to carry out the general lines of business set
| out IN the two preceding paragraphs, and also
| TO carry on any side, or incidental, lines of
| business which can readily and conveniently
be carried on in conjunction with the said
general lines of business set out in the said
two preceding paragraphs.
| Article ". The capital stock of this cor
REoration is hereby fixed at the sum of Fifty
| Thousand Dollars, divided into and repre-.
scented by five hundred shares of stock of the
par. value of One Hundred Dollars each !;
| said stock shall be subject to issue by the
board of directors, and shall be paid for in
| cash at such time and in such amounts as
| may be fixed by the board of directors, or
| the same may be issued by the board of d.
rectors, at not less than par, for labor done
| for, or property actually received by, the cor
| poration. The corporation shall become a
| going concern and be authorized to do bust
| ness as soon as five thousand dollars of its
| capital stock shall have been subscribed for
| In the event of an increase of the capital
| stock OF the corporation, the then existing
| stockholders of the corporation shall have
the first right to purchase the stock, at its
par value, in the proportions of their then
| holdings of stock in the corporation, and
| the proportion of any stakeholder shall like
wise first devolve upon the remaining stock
holders, in their relative proportions, in the
event any stakeholder does not take his quota
| of stock.
Article v All the corporate powers of the
|
ercised by. board of directors, to be COM
posed of FIVE stockholders, to be elected on
the second Tuesday of July Of each year, be-
ginning with the year 1915. From the date
of this charter, and until the second Tuesday
| of July, 1915, the following named persons
shall serve as the directors of this corpora
ton: Patrick J. Mcmahon, Thomas J. Nc
/ Mahon, Edward J. Mcmahon, Patrick ]. Nc
Mahon, yr., John B. Mcmahon.
| The officers of the corporation shall be a
president, vice president, secretary and treas:
urer, who shall be elected by the board Of
| directors from among its number, provided
that from the date of this charter until the
election of directors, upon the second Tues
| day Of July. 1915, the officers of the corpor-
alton shall be as follows: Patrick ]. Nc
Mahon, President; Edward J. Mcmahon, Vice
President; Patrick J. Mcmahon, Jr., Secretary !;
Thomas J. Mcmahon, Treasurer. The Offices
of secretary and treasurer may be combined
| All directors and officers of the corporation
shall hold office until their successors are duly
appointed. The duties of the officers of the
| corporation shall be those generally falling
to such officers, provided that the board Of
directors may at any time define the specific
duties of each officer. The board Of directors
may make and establish, as we'll as alter and
amend, any and all bylaws, rules and regu-
lations necessary and proper, in its judg-
ment, for the conduct, support, and manage
ment of the business and affairs of the cor
poration.
| The board shall have full power and au-
| thority to borrow money, to execute mort
cages, and to create liens, to issue bonds,
notes and other obligations, to purchase and
acquire the business and good will of any
| person, firm or corporation engaged in a
| business similar to the business of this cor
poration, and to pay therefor in stock of this
corporation, or cash. or paper and, generally,
necessary for the proper carrying on of the
business of the corporation.