The herald. [volume] (New Orleans, La.) 1905-1953, 1915-09-23

everything necessary or incidental for the
conduct of its business in its corporate name
Article 1.-THE domcile Of this corporation
shall be in the city of New Orleans, State OF
louisiana and all process shall he served on
the president, in case OF his absence on
the secretary treasurer.
Article III-The objects and purposes OF
this corporation are declared TO be:
To do general contracting business and
principally to build. lay out and construct
roadways, streets and sidewalks, or TO take
contracts for the doing of any such work. to
pave streets, sidewalks, the repairing of
same, for 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,
germane or incidental to. any of the purposes
hereinabove set forth or contemplated by the
charter.
poration is hereby fixed at the sum of twenty
five thousand dollars, common stock, divided
into two hundred and fifty shares, at the par
value of one hundred dollars each (no part
of which issue shall be preferred stock and
which shares of stock shall be paid TOR IN
case or for labor done 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
ital 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 he made
on the books of the company, on the surrender
of the outstanding certificates, in pursuant to
such rules the board OF directors may pre-
scribe.
Article V.-The affairs of this corporation
shall be managed by a board of directors Of
three stockholders 1.-TWO of whom shall con-
stitute a quorum for the transaction of bust
ness) elected by the stockholders at regular
annual meeting held at the office OF the com
pany on the first Monday Of January, 1910,
until which time the following persons shall
constitute the board of directors and officers
of said company: Herman Blum, president,
p. o. Add, $50 Union St. Lawrence Blum,
vice president. 2. O. Add, $40 Union ST. :;
Walter ]. Mcnamara, secretary treasurer, L.
o. Add, $40 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. Inc
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
ter bv limitation or otherwise, the business
and affairs shall be liquidated 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
retary-treasurer to each stakeholder in person
or bv mail. said liquidators to be elected by
a majority vote of the shares of capital stock
present or represented at such meeting.
Article Widths charter may be changed,
altered or amended, or the corporation may be
dissolved or ordered liquidated by vote OF
two-thirds of the capital stock present or rep
resented at meeting of the stockholders CON
vened for such purpose, after observing the
formality required in Article VI OF this char
ter.
Article VIII.-No stakeholder shall ever b"
held liable or responsible for the contracts or
faults Of this corporation in any further sum
than the unpaid balance due to the corpora
ton on the shares owned by him, nor shall
any mere informality in organization have
the effect OF rendering this charter null or
exposing any stakeholder 20 any liability be
yond the amount Of his unpaid stock.
Thus done and passed in my office in the
city of New Orleans, State Of Louisiana, IN
the presence of Messrs. Joseph A Casey and
Ben Hocke competent witnesses, residing m
this city, who hereunto sfEn their names WIN
said appearers and me, notary alter due
reading Of the whole, on the day, month ana
year first above written.
Signed Herman Blum, 80 shares; Law
renee Blum. so shares; w J. Mcnamara, g
shares. Witnesses: Jos. A. Casey, Ben HoGke.
JNO. J. REILLEY, Not. Pub.
I. the undersigned recorder OF mortgages
for the parish of Orleans, State Of Louisiana,
do hereby certify that the above and fore
going charter Of Blum & Mcnamara, Inc,
was this dav duly recorded in my Office in
book 1857 folio -.
New Orleans. La, September d, 1915.
(Signed) EMILE J. LEONARD, by. K
A true copy.
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