The herald., 1915-05-06
CHARTER
OF WHITE ROOFING AND CONTRACTING
COMPANY, INC.

United States of America, State of Louisiana,
Parish of Orleans, City Of New Orleans.
Be II known, that on 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 tor 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 ana
assigns a corporation under the stipulations
herein set forth, which they adopt as their
charter, to-wit:
Article 1.-The name and style OF this cor
p~oration shall be White Roofing x Con-
tracing Co, Inc" and 1t 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 on by II all the powers conferred
by law upon corporations, and shall generally
exercise all the powers necessary to carry on
the said business.
Article 1.-THE domicile of this corporation
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 eCfcldTy-lTCdSuICI
Article lit objects and purposes for
which this corporation is organized, and the
nature of the business to be carried on by 1t
are hereby declared to be that OF dealing
in roofing and roofing material, of all deScrip-
tions and kinds, Of manufacturing roofing and
roofing material, of contracting and laying
of roofs, repairing of roofs, and to deal gen,
orally in all goods pertaining to roohng and
roofing composition; as we'll 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 $1,000 dollars, to be represented
by one hundred shares Of stock at par value OF
one hundred dollars (Sl00 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 may
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 upon
such terms and conditions as the board OF
directors Snail pTCSNTlDC. NO NduoICT u cIO(k
shall be admitted or held to be valid or
binding so far as the company is concerned
unless made upon the books of the company.
No sale or pledge Of stock shall he valid un-
less made upon the books Of the company. No
sale or pledge of stock shall be valid unless
said sale or pledge is accompanied by a
written certificate, signed by the president
and ecretary-treasurer of the company, to the
effect that said stock was offered to the re.
= naming stockholders through the board of
! directors, at its book value, for a period of
fifteen days, and they have failed or declined
TO purchase same.
Stock sold or pledged in contravention to
this provision shall become the property of
the stakeholder first rendering to the trans
fierce or pledge its book value.
Article N.-Al powers Of this corporation
shall be vested in, and the business and af-
fairs shall be managed by a board of direc-
tors, consisting of three directors, who shall
be elected annually at a meeting of the stock.
holders on the first Monday in July of each
year.
Article VL.-The first board of directors
Apricot ST., New Orleans. La; Alexander
Campbell White, 100 Burthe ST., New Or
leans, La; Edward Chassaniol, los Josephine
ST., New Orleans, la.
The said ]. Watkins White shall be pres.
ident and general manager, Edward Chassa-
Mol, vice president, and Alexander Campbell
White, secretary-treasurer, OF this corpora
ton; all Of whom shall hold Office until the
first Monday in July, 1916, or until their sue
eessors shall have been duly elected.
All elections shall be by ballot at the Office
of the company, under the supervision of two
commissioners to be appointed by the board
of directors. Notice OF such meeting shall be
given by the secretary-treasurer in writing,
delivered to each stakeholder in person. or