The herald. [volume] (New Orleans, La.) 1905-1953, 1915-08-05
CHARTER
OF "JAHNCKE SERVICE, INCORPO-
RATED"
United States of America, State of Louisiana
City OF New Orleans.

United States of America, State of Louisiana,
City OF New Orleans.
Be it known, that on this sixth day of the
month of July, in the year one thousand, nine
hundred and fifteen, beivrc me, Felix ].
DreyfouS, a notary public, duly commissioned
and sworn in and for the parish OF Orleans
and City of New Orleans, therein residing,
personally appeared the persons whose names
are hereunto subscribed, who declared that
availing themselves of the provisions of the
laws of this state in such cases made and
provided relating to the organization OF cor.
porations, and more particularly Act 267 OF
the General Assembly of Louisiana, approved
! July 9, 1914, they have covenanted and agreed
and do. by these presents, covenant and
agree, bind, form and constitute themselves,
as well such persons may hereafter
join become associated with them, into a
corporation and body polite in law for the
objects and purposes and =nder the agree
ments and stipulatiOns following, to-wit:
Article 1.-The name and style of this cor
poration shall be "Jahncke Service, Incorpor-
ated,' and under that it shall have
and enjoy all the rights, advantages and
| privileges granted by law TO corporations,
and shall continue and subsist for the period
of ninety mine years from the date of this
act. Its domicile shall be in the city OF New
| Orleans.
Article 1.-THE purpose for w5ich this cor
poration is formed is:
To conduct for itself or as agent, or repre-
sentative of others, general contracting bus
mess; to buy, sell and deal in building and
paving material and any material used in
construction and paving operations.
To carry, transport, deliver and distribute
by animal or other motive power for itself
! and for others all things susceptible of such
delivery, particularly the material used or
needed in contracting, building, levee or
road operations, and TO engage in any other
business or enterprise which might be ger
name to, OF connected with, the purposes above
stated.
| Article III.-The amount of the capital
/ stock shall be six thousand (S6000.00) dollars,
divided into sixty (6O) shares of one hundred
dollars each, which have been entirely sub
scribed and paid for in cash by the appear
ers. The whole of said stock is common
stock of equal dignity and power. Said
capital may be increased to one hundred
thousand dollars
All stock in this corporation shall be held
upon a condition precedent and under con-
tract and agreement in the nature of vested
rights that all such stock is so held and pos
sessed subject to the rules and provisions for
the transfer of same hereinafter set out, to-
wit:
First No sale or other transfer of shares
| of stock in this corporation shall be valid
until and unless the opportunity has been
first afforded the shareholders of record at
the date of such transfer, sale or other
alienation to purchase such stock at book
value plus twenty-five per cent, the value
to be ascertained in the manner herein pre-
! scribed. The right to acquire said stock
| hereby first vested in the other stockholders
| of record shall follow the stock into any
hands to which it may pass and may be exer-
| cised against the holders thereof within
ninety days from the time any sale or trans
! Ter thereof has been offered to be entered on
I the books of the corporation