The herald. [volume] (New Orleans, La.) 1905-1953, 1915-01-21
CHARTER
THE SAMUEL HOUSE WRECK
COMPANY.

THE SAMUEL HOUSE WRECKING
COMPANY.
State of Louisiana, Parish of Orleans,
City of New Orleans.
Be il known, That on this 18th day of
the month of January, in the year one
thousand nine hundred and fifteen
Q9l5, before me, Arthur Is. Leopold,
Notary Public, in and for the Parish OF
Orleans, State of Louisiana, duly COM
missioned and qualified, and in the pres
ence 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
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 ii shall have
and enjoy succession by its 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 a 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 TO be
l.. :. al.x. IArl cd fn
To purchase buildings and construc
lions 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
ters and things incidental thereto.
Article III-The Capital Stock of this
corporation is hereby fixed at and de-
elaTed to be the sum of Five Tho and
represented by fifty $50 Shares of One
Hundred Dollars (s1O0.OO) each. fifty per
cent (509o) of which stock is hereby
subscribed and paid for, and this Com
pany shall commence business and be-
come 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-
liyered and other property rights ac-
cepted and received by the corporation
| for it's corporate purposes at such VaIu,
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 rive
| Thousand Dollars ($5,00O0O) 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, lmmoV-
| able and mixed, corporal or incorporeal,
accepted and received by the corporation
| for it's corporate purposes in payment,
| exchange or otherwise, for any or the
| shares of capital stock of this corpora
| ton and fixed by the Board of Directors
upon such terms and conditions for the