The herald. [volume] (New Orleans, La.) 1905-1953, 1915-02-04
CHARTER
THE SAMUEL HOUSE WRECKIN(
COMPANY

| THE SAMUEL HOUSE WRECKING
| COMPANY.
State of Louisiana, Parish OF Orleans,
! City of New orleans.
| Be ii known, That on this 18th day Of
| the month of January, in the year one
| thousand nine hundred and fifteen
| u9l5, before me, Arthur b. Leopold, =
Notary Public in and for the Parish Of
| Orleans, State of Louisiana, duly com
missiOned and qualified, and in the pres
rnCe of the witnesses hereinafter named
and undersigned, personally came and
appeared the persons whose names are
hereunto subscribed, all above the full
age of majority, who severally declared
| that availing themselves of the general
| laws of this State, relative to the or
ganization Of corporations, they hereby
| form themselves into and constitute a
corporation for the objects and purposes
| and under the stipulations hereinafter
set forth
Article 1.-The name and title of the
corporation hereby formed is declared TO
be The Samuel House Wrecking Com
pany." Its domicile shall be in the City
of New Orleans, State of Louisiana, at
1877 Bordeaux Street, and il shall have
and enjoy succession by it's corporate
name for a period of ninety-nine years
from and after the date hereof.
This corporation shall have power
and authority TO contract, sue and be
sued in its corporate name; to make and
use corporate seal; to hold, receive,
hire and purchase real and personal
| property and to sell, mortgage. or pledge
the same, and to borrow money and
issue bonds. notes and other obligations.
All citations or other legal process
shall be served upon the President, and,
in the event OF his absence or inability
to act from any cause, the same shall
be served upon the Vice President,
or any other officer in New Orleans.
Article 1.-THE objects and purposes
for which this corporation is organized
and the nature of the business 10 be
carried on by it are hereby declared to
be:
To purchase buildings and construc-
tions of any kind and all descriptions
in the City of New Orleans and else
where, and to make contracts for the
demolishing, wrecking and taking down
of the same, and to remove them and
sell and dispose of any and all materials
thereof, and to do and perform all mat
tiers and things incidental thereto.
Article III.-The Capital Stock of this
corporation is hereby fixed at and de-
clared TO be the sum of Five Thousand
represented by Cfifty $50 Shares of One
Hundred Dollars Cs1O0O0) each, fifty per
cent (50T) of which stock is hereby
subscribed and paid for, and this Com
pany shall commence business and be-
come a going concern at once.
The shares Of the capital stock of this
corporation shall be paid for in money,
or for labor done or services rendered.
or such shares as may be issued or de-
livered and other property rights ac-
cepted and received by the corporation
for it's corporate purposes, at such valu-
alton and upon such terms for said
shares as the Board of Directors may
determine and direct from time to time
to be eXpedient The capital stock of
the corporation may be increased or re-
duced by proceedings taken in the man.
ner prescribed by law. The capital stock
shall not be increased to more than Five
Thousand Dollars S5,000.00) additional.
The shares of the capital stock of this
corporation may be issued for money,
for labor done or services rendered, or
for other property rights, which may be
thus paid for or exchanged and made
over to the Company. The valuation of
any and all rights, contracts, labor or
services, and property movable, immov-
able and mixed, corporal or incorporeal,
accepted and received by the corporation
for it's corporate purposes in payment,
exchange or otherwise, for any of the
shares of capital stock of this corpora
ton and fixed by the Board of Directors
upon such terms and conditions for the