The herald., 1915-06-10
CHARTER
HIGGINS ENGINEERING COMPANY INC

fSc.IS cINoiN EERlNG COmPANY, INC.
United States Of America, State of Louisi-
ana, Parish of Orleans, City OF New Orleans
lie II known, that this 18th day OF
May, l9I5, before me, Herbert W. Kaiser,
Notary PUBLIC, duly commissioned and uuali-
ned IN and for the Parish and State afore-
said, and in the presence of the witnesses
hereinafter named and undersigned, person
ally came and appeared the persons whose
names are hereunto subscribed, who declared
that; availing themselves of the provisions
OF the laws OF the State Of Louisiana and
Assembly OF the State of Louisiana for The
year 1914, they have covenanted and agreed
and do by these presents covenant, agree.
bind, form and constitute themselves as we'll
as such other persons as NAV hereafter ion
and become. associated with them, into a cor
poratlon and body polite in law, for the
OBJECTS ana purposes and under the agree
AKIlCLE The name and style of this
corporation shall be Higgins Engineering
\ company, Inc, and under that name it
shall have and enjoy all the rights, advant-
ages ana privileges granted by law to cor
porations. 1t shall exist for period OF
ninety nine years from the date hereof it
shall have power and authority to sue and
be sued IN its corporate name; to make and
use corporate seal and to break the same
at pleasure; to hold. receive, purchase, con-
vey, mortgage and hypothecate real, personal
and mixed property; to issue bonds, notes
and other obligations; to have and employ
such managers, officers, agents and EMPLOYEES
as the interest and convenience of said cor
poratlon may require; and to make and cs-
tablish such by laws, rules and regulations
tor the corporate management and control
OF the business and affairs of the corporation
as NAV be deemed necessary and expedient
ARTICLE 1.-The domicile of this cor
poratlon snail be IN the City OF New Orleans,
state OF louisiana. All citation and other
| legal process shall be served on tie Presi-
dent and in his absence on the Secretary
Treasurer.
ARTICLE III-The objects and purposes
for which this corporation is organized and
the nature of the business to he carried nr
by It are hereby declared to be; to engage
| IN the buying, selling and manufacturing Of
on burners pumps, steam specialities, pat
terms and machinery; and generally to do
and engage IN any other business, under
taxing or enterprise connected with or grow
ing OUT OF and incidental to the objects and
| charter ~ 'i'
ARTICLE IV-The capital stock of this
corporation IS hereby fixed at the sum of
ltai stock may be increased in the manner
provided by law to the sum of Fifty Thou.
sand ISSO'Go0O) Dollars. Said capital stock
value OF One Hundred Dollars each OF said
capital stock Two Hundred Dollars thereof
shall be paid for in cash immediately after
The IemannS OF TINS act Of
OO Dollars. of the capital stock of this cor.
Poraton, viz: the capital stock subscribed to
by, James +. Higgins shall be paid for as
follows: for Thirty.one (3D shares of said
capital stock the said James F. Higgins does
transfer, assign, convey, setover and deliver
unto the. corporation all his right, title and
| interest in and to the following patents with
reference to Hydrocarbon-b burners: No. VA
cog, dated March 5lst, 1908, No. $500, dated
March Ma 9th, 1906. No; z92,2os dated June 18th,
| Io5,S30 dated July END, 1902, all granted by
the United States Government and issued
by the United States Patent Office: and
| Patent No. S40l of the Republic of Mexico,
which said patents and patent rights are an,
praised and valued by the Board of Directors
hereinafter named as worth the sum Of
for Seventeen U7) shares of said capital
stock the said James F. Higgins does trans
| Ter, convey, setover, and deliver unto the
and the ,t fb9Gwns named
burners, Perfect burners, No. 2 burners,
| IS No 3 burners, 10 No. burners, 81 No. S
burners, cast iron receivers, IS cast iron
| pans, so cast iron nozzels, 2 pump governors,
| located at 922 Magazine street, New Orleans,
| La, which said burners, pumps and ma
GhineIy are appraised and valued by. the
Board of Directors hereinafter named as
worth the sum of Seventeen hundred ISL.
10000 Dollars All shares of stock shall
! be non-assessable, and no transfer of stock
made upon its books and all certificates of
stock shall be signed by the President and
the SeGTetary, Treasurer Of the corporation.
poration may offer for sale, sell, assign
or transfer his stock in this corporation with
out giving TO the other stockholders thirty
/ days prior notice OF SuCh intention, winch
notice shall be given in writing to the Presi.
dent of the corporation and shall by said
| President be made known to the Director:
of the corporation, and the other stakeholder:
shall have the privilege of purchasing SAID
| stock at the book value thereof for a period
of thirty days from the delivery of saiC
notice to the president
ARTICLE VI-All the corporate powers o.
this company shall be vested in, and thu
management and control of its business and
affairs shall be exercised by, Board of Di
rectors, composed of three stockholders. A
quorum for the transaction of all business
AT any meeting of the Board of Directors a
| which there are only two members of th'
Board of Directors present, the absent Di
rector may give to either of the two Direct
ors present at said meeting a written prox,
to vote in the name, place and stead of thu
absent Director upon any question that may
come before the said Board of Directors a
that particular meeting. The Directors shall
be elected annually by a ballot beginning
on the first Wednesday of the month O
! January in the year 1916. All elections shall
as may be determined by the Board of Di
rectors but after at least ten days notice o
such election shall be given TO each stock
! holder by mail sent to his last known ad
dress or by publication for at least , thTe,
: in one of the daily English newspapers il
the city of New Orleans. No failure Il
hold an election shall be regarded as for
fixture of this charter. Any vacancy. oc
| curing in said Board of Directors shall b.
expired term The first Board of Director
of this Company shall consist Of James +
| Higgins, residing at 2l20 Milan Street, New
; Orleans; Joseph Kaufman, residing at 100
/ Robert street, New Orleans; and Carl {