The herald. [volume] (New Orleans, La.) 1905-1953, 1916-11-23

dersigned: personally came and appeared:
Mcssrs. John p. Sacks and John +. 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 Clai-
borne Avenue Sash Factory Company, Lin
tied, a corporation organized under the laws
Of this State and domiciled in this city, in
Stituted by an act, passed before Roila A.
richcuor, notary public, in this city, on De
cember IS, 1908. recorded in Mortgage Office
book 9l2, 10. $50, and amended by another
act passed before said Notary Tichenor on
book 9S4. folio 262.
And the said appearers, acting in their
aforesaid respective capacities, declared that
meeting OF the stockholders of the said
company, held on January 5, 1916, as will
more fully appear by reference to the an
thereof, the charter of the said Claiborne
Avenue Sash Factory Company, LIMITED,
was amended as hereinafter fully set forth,
and that they, said appearers, were author
lied and empowered to cause the said amend.
ment 10 the charter OF the said Claiborne
Avenue Sash Factory Company, Limited, to
be embodied in 4 Notarial Act.
Now, therefore, in accordance with the said
resolution, they, said appearers acting in
their aforesaid respective capacities, have
appeared before the undersig notary for
the purpose of placing said amendment to
the charter of the said Claiborne Avenue
form by. Notarial Act, and hereby declare
that Articles /, II, III, ", V, VI, VII and
VIII OF the charter of the said company
shall hereafter read as follows, to-wit:
Article 1.-The name and style of this cor.
poration 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-nne years from December IS, 1908; it
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
20 break or alter at pleasure; to hold, receive
purchase, convey, mortgage, hypothecate and
pledge property, real, personal mixed; to
issue bonds, notes or other obligations; to
have and employ such managers, directors,
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
ID business and affairs of the corporation
as may be deemed necessary or expedient.
Article 1.-THE domicile of said corpora.
ton shall be in the city of New Orleans,
State of Louisiana, but it may establish
offices and agencies throughout the United
State of America or foreign countries All
citations and other legal process shall be
served on 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 on the secretary of
Article III-The objects and purposes for
which this corporation is organized and the
nature of the business to be carried on by
it 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 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 enter.
prise connected with, growing out of, ger
name or incidental TO any Of the objects
and purposes hereinabove set forth or con-
templated by this charter.
Article lV.-The capital stock Of this cor
ISlO,cOOOO dollars, divided into one hundred
Q0Ol shares of the par value of one hundred
tSl0O0O) dollars, each, which shall be paid
for in cash. in installments on the call of
not less than par for property purchased by
or services actually rendered to said corpo-
ration.
All shares of stock shall be full paid and
binding upon the corporation unless made
upon its books, and all certificates of stock
shall be signed by such officers as may be
designated by the board of directors.
this company shall be vested in, and the
management and control of it's business and
affairs shall be exercised by board of d.
rectors composed of FIVE stockholders, which
fifteen at the discretion of the board of d.
rectors. A majority of the board of direc-
tors shall constitute quorum for the trans.
action of all business. The directors shall
holders on the first Wednesday of January
Of each year. Each stakeholder shall be en-
titled, in person or by written proxy, to one
vote on each share of stock owned by him
and standing in his name on the books of the
corporation. All elections shall be held under
such rules and regulations as may be deter
mined by the board Of directors, but after
notice shall have been given in the manner
and form prescribed in Act No. 267 of the
General Assembly of the State of louisiana
for the year 1914. The directors thus elected
shall continue in Office for year or until
their successors shall have been elected and
duly qualified. No failure TO hold an cleo
ton shall be regarded as a forfeiture OF
this charter. Any vacancy occurring on said
board of directors shall be filled by the re-
naming directors for the unexpired term.
The said board of directors shall likewise
elect the additional members in case they
should determine to increase the number of
the board as hereabove provided for. Said
board of directors shall, at its first meet
ing after its election elect from among its
number president, vice-president, sec
rotary and a treasurer. 1t may combine the
two last mentioned Offices into one and may
even elect a secretary who need not be a
Article Vino stakeholder shall ever be
held liable or responsible for the contract,
faults or debts of this corporation, nor shall
any mere informalty in its organization have
the effect of rendering this charter null, or
Of exposing a stakeholder to any liability
beyond the unpaid balance due on the shares
of stock owned by him.
Article VII.-This act of Incorporation may
be changed, modified or altered, or this cor
poration may be dissolved in full accordaneei
with the terms and provisions Of the afore-
said Act No. 267 of 1914. In the event of
the dissolution Of this corporation by the
expiration of its charter or otherwise, the
stockholders shall elect from among their
number three liquidators who shall have
full power and authority 10 settle the BUSH
ness and affairs of the company. In case
Of the death or inability Of any Of said COM
missioners, the remaining liquidators or COM
missioners shall appoint a successor or sue
cessors to him them.
Article VIII.-No stakeholder shall sell or
in any manner dispose of the shares Of
stock owned by him in this corporation,
without having first offered the same to the
corporation through its board Of directors,
in writing, and the said board of directors
shall have the right and privilege of pur-
chasing the same at its book value as es-
tablished by the last preceding inventory,
within thirty days from the date Of said
offer