The herald., 1915-05-27
CHAR TER
OF WHITE ROOFING AND CONTRACTING
COMPANY INC

Of WHILE kOOflNtI AND NON hANl
COMPANY, INC.
United States of America, State of Louisiana,
Parish of Orleans, City of New Orleans.
Be it known, that this fourth day OF
the month of May, in the year of our Lord
one thousand nine hundred and fifteen, and
Of the independence of the United States of
America the one hundred and thirty ninth
before me, Lyle Saxon, a notary public, duly
commissioned and qualified in and for the
above city, parish and state, therein residing,
and IN the presence of the witnesses herein
after named and undersigned, personally
came and appeared: the several persons whose
names are hereunto subscribed, who declared
that availing themselves of the provisions of
the laws of the state OF Louisiana, relative
to the organization OF corporations, IN such
cases made and provided, they constitute
themselves, their associates, successors and
assigns a corporation under the stipulations
herein set forth, which they adopt as their
charter, to-wit:
poration shall be white Roofing & Con-
tracing Co., Inc" and it shall enjoy sue
cession and corporate existence for a period
OF ninety nine years from date hereof, and it
shall have for the purpose of the business TO
be carried by it all the powers conferred
by law upon corporations, and shall generally
exercise all the powers necessary to carry on
the said business.
shall be in the city of New Orleans, state of
Louisiana, and all citations and other legal
process shall be served on the president of
the company, or in the event OF his disability
to act, upon the Secretary-treasurer.
Article lIL-The objects and purposes for
which this corporation is organized, and the
nature of the business to be carried on by it
are hereby declared to be that of dealing
in roofing and roofing material, of all descrip-
tons and kinds, of manufacturing roofing and
roofing material, Of contracting and laying
of roofs, repairing of roofs, and to deal gem
orally in all goods pertaining to roofing and
roofing, compositions; as well as to buy and
sell all kinds of asbestos and rubber goods,
and to deal therein; to do general contracting
work of all kind and description, repairing of
buildings, laying of foundations, cement work.
and to contract for the erection and repairing
Of buildings of all kinds and description; and
generally, to do all work both in contracting
and dealing in materials to be used in such
business
Article IV.-The capital stock of this cor.
poration Is hereby fixed at the sum of ten
thousand $4,000 dollars, to be represented
by one hundred shares of stock at par value of
one hundred dollars (Sl0O) each. Fifty per
cent go Pct) of the capital stock must be
subscribed before the filing of the articles of
Incorporation. Fifty per cent of all stock
subscribed for must be actually paid in before
the corporation engages in business, and the
remainder within twelve months thereafter.
The amount to which the capital stock NAV
be increased shall be fifty thousand dollars
$4,000.
All stock subscribed for shall be paid for
in cash, or its equivalent, or property re-
ceived, or labor done at such time and unon
such terms and conditions as the board of
directors shall prescribe. No transfer of stock
shall be admitted or held to be valid or
binding so far the company is concerned
unless made upon the books of the company
No sale or pledge of stock shall be valid UNI
less made upon the books of the company. No
sale OF pledge Of stock shall be valid unless
said sale or pledge is accompanied by a
written certificate, signed by the president
~ - e 81
effect that said stock was offered to the re-
naming stockholders through the board of
directors, at its book value for a period of
htteen days, and they have failed or declined
TO purchase same.
Stock sold or pledged in contravention 10
the stockholder first rendering to the trans
ieree or Pledge its book value.
Article N.-Au powers of this corporation
shall be vested in, and the business and az
tairs shall be managed by a board of direc-
ors, consisting of three directors, who shall
De elected annually at meeting of the stock
holders on the first Monday in July of each
rear.
Article vL-The first board of directors
,hall consist of ]. Watkins White, S2l7
Apricot ST., New Orleans. La; Alexander
Campbell White, 700 Burthe St. New Or.
cans. La Edward Chassaniol, 12OS Josephine |
II, New Orleans, La.
The said ]. Watkins White shall be pres |
dent and general manager, Edward Chassa-
mol, vice-president, and Alexander Campbell |
White, secretary-treasurer, of this corpora
ion; all of whom shall hold Office until the |
rst Monday in July, 1916, or until their sue
esSors shall have been duly elected.
All elections shall be by ballot at the Office
the company, under the supervision of two |
commissioners to be appointed by the board /
directors. Notice of such meeting shall be /
iven by the secretary-treasurer in writing.
eiivered to each stakeholder in person, or !