The herald. [volume] (New Orleans, La.) 1905-1953, 1915-10-14
CHARTER
OE BLUM \ MCNAMARA. "


! United States Of America. State Of Louisiana
| Parish % Orleans. City OF New Orleans
| BE it known, that on thi, 10Th day Of the
! month OF September in the year one thousand
| uuc hundred and fifteen, before me, John J.
! Kelley, notary public in and for the parish
u Orleans; State OF Louisiana. duly commits
| Nioncd and qualified, and in the presence of
| the hereinafter named and undersigned per
| N"nally came and appeared: the several per
| sons whose names heruuto SUBSCRIBED, and
who declared that, ayaIllng themselves Of the
| laws OF TINS state in such cases made and
provided, they do by these presents form
| themselves and their associates into a corpor-
alton Tor the objects and purposes and under
me supulatIonS hereinafter set forth, which
| they adopt as their charter. to-Hit:
Article 1.-The name and title Of this cor
| poratIon is declared 10 be Blum & Mcnamara.
, Inc; II shall have corporate existence for a
period OF ninety-nine years from this date.
unless sooner dissolved; IL shall have an
thority 10 sue and be sued and to make and
use corporate seal; 10 hold. purchase, lease,
sell and hypotheCate real and personal prop
erty; to make and issue bonds and to name
and appoint directors, managers and agents.
and to establish such bylaws as the manage
ment OF the business may warrant and to do
everything necessary or incidental for the
conduct Of its business in its corporate name.
, Article 1.-THE domicile Of this corporation
shall be in the city Of New Orleans, State Of
louisiana. and all process shall be served on
the president, or in case Of his absence on
the SeCrctcary-treasurer.
Article lll.-Ihe objects and purposes OF
this corporation are declared 10 be-
To do general contracting business and
principally TO build lay out and construct
roadways, streets and sidewalks, or 10 take
contracts for the doing Of any such work. to
pave streets, sidewalks. or the repairing Of
same, Tor public or private purposes in or out
side the city Of New Orleans; to construct or
erect, or to contract for the construction o.
erection OF buildings, workshops or mechanical
plants; to construct canals and leveeS, or to
contract for same, tramwayS and navigation
canals, and any other work connected with
land reclamation, and generally to do and en-
gage IN any other business, undertaking or
enterprise, connected with, growing out of,
gcrmane or incidental to, any of the purposes
hcrclnabovc set forth contemplated by the
charter
Article IV.-The capital stock Of this cor
poratIon Is hereby fixed al the sum Of twenty
five thousand dollars. common stock divided
value OF one hundred dollars each (no part
of which issue shall be preferred stock and
which shares Of stock shall be paid for in
case or for labor done or property actually
received at the time and in such manner as
the board of directors shall deem proper, the
corporation being authorized to commence bus
mess when five thousand dollars Of its cap
ltal stock shall have been subscribed and paid
for, the right being reserved to this corpora
ton to increase the amount of its capital
stock up to the sum of one hundred thousand
dollars, all transfers of stock shall be made
on the books of the company, on the surrender
of the outstanding certificates, in pursuant 10
such rules as the board of directors may pre-
scribe
Article V.-The affairs of this corporation
shall be managed by board of directors OF
three stockholders 1.-TWO of whom shall CON
stitute quorum for the transaction of bust |
ness) elected by the stockholders at a regular
annual meeting held at the office of the COM !
pany on the first Monday of January, 1916. |
until which time the following persons shall
constitute the board of directors and officers
of said company: Herman Blum, president, |
p. O. Add, $40 Union St; Lawrence Blum |
vice president, P. o. Add, $50 Union ST.; |
Walter J. Mcnamara, secretary-treasurer, P. |
o. Add, $50 Union ST.
All elections shall be by ballot and each |
share of stock shall be entitled to one vote, |
whether cast in person or by proxy. The |
directors herein named shall continue in of |
fee until their successors are duly elected |
and qualified, and the corporation shall not
be dissolved or affected by failure to hold the |
regular annual meeting to elect officers and |
directors.
Article Wat the termination of this char
ter by limitation or otherwise, the business |
and affairs shall be lqudated by two liqui |
dators to be appointed from among the stock |
holders at a meeting of the stockholders con- |
vened for such purpose after ten days notice |
in writing shall have been given by the sec |
to each stakeholder in person |
Or by mail, said liquidators TO be elected by |
a majority vote of the shares of capital stock |
present or represented at such meeting.
Article NII.-This charter may be changed |
altered or amended, or the corporation may be /
dissolved ordered liqudated by a vote of
wo-thirdS of the capital stock present or rep
resented at a meeting of the stockholders con-
sened for such purpose, after observing the
required in Article VI of this char
er
Article VIII.-No stakeholder shall ever be
leld liable or responsible for the contracts or
aults of this corporation in any further sum
han the unpaid balance due TO the corpora
ion on the shares owned by him, nor shall
my mere informality in organization have
he erect of rendering this charter null or
Exposing any stakeholder to any liability be-
'ond the amount of his unpaid stock.
Thus done and passed in my Office in the
ity of New Orleans, State of Louisiana, in
he presence of Messrs. Joseph A. Casey and
Zen Hocke, competent witnesses, residing in
his city, who hereunto sign their names with
aid appearers and me, notary, after due
eadng of the whole, the day, month and
ear first above written.
Signed: Herman Blum, $50 shares; Law
ence Blum, 50 shares; w. ]. Mcnamara, 50
hares Witnesses: Jos. A. Casey. Ben. Hocke.
JNO. J. REILLEY, Not. Pub.
l, the undersigned recorder Of mortgages
Or the parish of Orleans, State of louisiana
o hereby certify that the above and fore
,as this day duly recorded in my Office in
ook ll57, folio -.
New Orleans, La, September q, 1915.
(Signed EMILE J. LEONARD, by. R.
A true copy.
JNO. J. REILLEY, Not. Pub.
ept q 90 oct IA 21 %