The herald. [volume] (New Orleans, La.) 1905-1953, 1916-11-09


Mc,srs. John p. Sacks and John F. Vim:
cent both OF the full age OF majority and
residents OF this city.
Herein acting in their respective capaci-
ties Of president and secretary Of the G!al-
borne Avenue Sash Factory Company, Linn
ted corporation organized under the laws
Of this State and dDmIciled IN tins city, IN /
stituted by an act passed before Rolla \. /
cenbcr IS. 1905, recorded in Mortgage Office /
book 9l2, 10. $50, and amended by another ,
act passed before said Notary llchener on .
April ,, 1910, recorded in Mortgage Once, ,
book 9S4 iolio -o2.
And the said appearers, acting. in their /
aforesaid respective capacities, declared That /,
4 meeting Of the stockholders Of the said I
company, held on January ). 1910 as will
ueNed certified extract from the minutes
thereof, the charter Of the said Claiborne ,
Avenue Sash Factory Company, LIMITED, /
was amended as hereinafter fully set forth, /
lzcd and empowered 10 cause the said amend I
ment to the charter Of the said Claiborne
Avenue Sash Factory Company, Limited, TO
be embodied in a Notarial Act.
Now. therefore, in accordance with the said
! resolution, they, said appearers acting IN
their aforesaid respective capacities. have
appeared before the undersigned notary for
the charter OF the said Claiborne Avenue
Sash Factory Company, Limited, in authentic
form by Notarial Act, and hereby declare
| that Articles i, IL, Ill, ~, ', ' l, VII anu
VIII OF the charter of the said company
shall hereafter read as follows, tO-wit:
! Article 1.-The name and style OF this cor
/ poraton shall be the Claiborne Avenue Sash
| Factory Company, Limited, and under that
name it shall have and enjoy all the rights.
| advantages and privileges granted by law to
| corporations; it shall exist for period OF
! ninety nine years from December IS, 1908; II
! shall have power and authority TO contract,
sue and be sued in its corporate name; TO
| make and use a corporate seal, and the same
| to break or alter at pleasure; to hold, receive
purchase, convey, mortgage, hypothecate and
| pledge property, real, personal or mixed; to
issue bonds, notes or other Obligations; TO
have and employ such managers, directors,
officers and other employees as the interest
and convenience OF the said corporation may
require or demand and to make and estab-
lish such bylaws, rules and regulations for
the corporate management and control OF
| the business and affairs of the corporation
as may be deemed necessary or expedlent
Article 1.-THE domcile of said corpora
ton shall be in the city Of New Orleans
State of Louisiana, but 1t may establish
Offices and agencies throughout the United
State of America or foreign countries All
citations and other legal process shall be
served the president, and in his absence
on the vice. president. In case OF the alb
sence of both Of said officers, then said pro-
cess shall be served the secretary of
said corporation.
Article III.-The objects and purposes for
which this corporation is organized and the
nature of the business to be carried on by
il are hereby declared TO be: to deal in,
buy and sell all kinds of lumber, sash,
; blinds, furnishings and fixtures as may be
used or necessary in the erection or con-
struction of buildings; to construct and erect
} or contract for the construction and erection
of buildings, workshops. and mechanical
plants, and generally TO do and engage IN
. any other business. undertaking or enter
prise connected with, growing out OF, ger
name or incidental to any of the objects
and purposes hereinabove set forth or con-
! teruDla+ed nv this charter
] Article lV.-The capital stock of this cor,
S poraton is fixed at the sum of ten thousand
Z QOO) shares of the par value of one hundred
r (SlOOOO dollars, each, which shall be paid
S for in cash, in installments on the call OF
: the board of directors, or may be ISSUED at
S not less than par for property purchased by
e or services actually rendered to said corpo-
4 ration.
All shares of stock shall be full paid and
y non-assesable. No transfer of stock shall be
binding upon the corporation unless made
n shall be signed by such officers as may be
q designated by the board of directors.
r Article V.-All the corporate powers OF
n this company shall be vested in, and the
: management and control of its business and
d affairs shall be exercised by board OF d.
II rectors composed Of five stockholders, which
;. number may be increased to no more thar
Il fifteen at the discretion of the board of d
e rectors A majority of the board of direc
e tors shall constitute quorum for the trans
4 action OF all business. The directors shall
A be elected annually by ballot of the stock
d holders on the first Wednesday Of January
of each year. Each stakeholder shall be en-
d titled, in person or by written proxy, to on
IS vote on each share Of stock owned by hin
D. and standing in his name on the books OF IN
4. corporation. All elections shall be held unde
" such rules and regulations as may be deter
Is mined by the board of directors, but atte
notice shall have been given in the manne
,e and form prescribed in Act No. 267 of I'll
/, | General Assembly of the State OF Louisian
for the year 1914. The directors thus electe
ID shall continue in Office for one year or unit
Of their successors shall have been elected an
e. duly qualified. No failure to hold an elec
ne tion shall be regarded as a forfeiture
a L this charter. Any vacancy occurring on sai
e. board of directors shall be filled by the II
naming directors for. the unexpired tern
H. elect the additional members in case the
ed should determine to increase the number
II. the board as hereabove provided for. Sal
en- board Of directors shall, at its first NEE
ing after its election elect from among i
he | number a president, vice-president, Sc
rotary and treasurer. 1t may combine Il
ST. two last mentioned Offices into one and M
even elect secretary who need not be
on Article Vino stakeholder shall ever
Ir- held liable or responsible for the contraS
- faults or debts of this corporation, nor sha
do any mere informality in its organization ha
"a the effect of rendering this charter null
~. Of exposing a stakeholder TO any habili
re- beyond the unpaid balance due on the shaf
N
- Article VII.-This act Of Incorporation mi
"u be changed, modified or altered, or this CO
.w poraton may be dissolved in full aecordan
e;T with the terms and provisions Of the afoi
s art said Act No. 267 of 1914 In the event
,ho the dissolution of this corporation by I
he, | expiration Of its charter or otherwise, I
'e' stockholders shall elect from among tn
A number three liqudators who shall ha
~ full power and authority to settle the bu
Id" ness and affairs of the company. In ca
lie Of the death or inability Of any OF said co
-ss missioners, the remaining liquidators or co
=; missioners shall appoint successor or s.
os cessors to him or them. :,
-. Article VIII.-No stockholder. shall sell
~. .I in any manner dispose of the shares
uly stock owned by him in this corporate
without having first offered the same TO to
D corporation through its board OF direete
in writing, and the said board OF direct
-. shall have the right and privilege of p
'he chasing the same at its book value ;evs as
- within thirty days from the date OF
offer. :.
Thus done and passed at my Office in
T. z n day. month