The herald. [volume] (New Orleans, La.) 1905-1953, 1916-03-16
Oh AR TER

OF PLUMBING & MILL SUPPLY CO., INC
State OF Louisiana, Parish OF Orleans, City
Of New Orleans.
the month Of February, in the year OF our
Lord, one thousand nine hundred and six
teen, before me, Edouard +. Henriques,
ned IN and for the parish Of Orleans, city of
New Orleans, State OF Louisiana, therein re-
siding, and in the presence OF the illnesses
hereinafter named and undersigned, person
ally came and appeared, the several persons
whose names are hereunto subscribed, who
severally declared that, availng themselves
of the laws of the State of Louisiana, in such
cases made and provided they have cove
well as all such persons as may hereafter
become associated with them TO form a cor
poration for the objects and purposes and
under the articles and stipulatnos following,
to-wit:
Article 1.-The name of this corporation
shall be Plumbing and Mill Supply Company,
Inc, and under its said corporate name 1t
shall have power and authority to have and
enjoy corporate existence and succession for
the full term and period of ninety nine years
from and after the date hereof; to contract,
TO sue and be sued TO make and TO use
corporate seal and the same TO alter and
break at pleasure; to hold, receive, lease, pur-
chase and convey, as well as mortgage and
hypothecate property, real, personal and
mixed, corporal and Incorporeal; TO name and
appoint such managers, agents, directors and
officers as its business interest and conven-
fence may require, and TO make and estsb-
lish, well alter and amend from time
to time sach bylaws. rules and regulations
for the proper government of the affairs Of
said corporation as may be necessary and
proper.
Article 1.-THE domicile of this corporation
shall be in the city of New Orleans, State of
Louisiana, and all citations or other legal
process shall be served upon the president of
said corporation, or in the event of his alb
sence, upon the first vice president thereof,
and in the absence of both of said officers,
! upon the secretary-treasurer of said corpora
| ton
| Article III-The objects and purposes for
which this corporation IS organized and es-
| tabished and the nature of the business to
be carried on by it hereby declared to
| be: the carrying on OF a general supply bus
! mess; to buy and sell, for their own account,
/ as agents or on commission, plumbing goods
! and supplies, plumbing specialties, including
| iron ware, enamel and vitreous ware and
/ brass and rubber goods used by plumbers,
steam goods and supplies, steam specialties,
engineers supplies and specialties, gas and
| electric appliances, saWmIll, oil mill, rail-
| road and plantation machinery and supplies,
| and all articles and merchandise whatever
| connected with the plumbing and machinery
| business; and 70 do all things incidental 10
or connected with said business. This cor
poration shall further have the right to &C.
| quire patent rights to such materials, and
| shall have the right to engage in the manu-
| featuring and sale Of the same.
| Article lV.-1he capital stock Of this cor.
poration is hereby fixed at the sum of fifty
thousand dollars and OO/lO0 CSSOOOOO0), di.
! vided into and represented by FIVE hundred
| $500 shares Of the par value Of one hundred
and 0O/l00 (sl00O0) dollars each. Said stock
shall be paid for in cash, in such install
ments at such time and after such notice &c
subscribers the board of directors may FIX
or same may be issued at not less than pal
for labor done services performed for saiC
| corporation, or for property or rights actually
| received by said corporation.
IureFa ~ tive I'D nd 00/100 (%0E
dollars of the capital stock has been sub
scribed 10 the corporation at the time of tht
passing Of this act Of Incorporation, and Thu
corporation shall become a going concern anc
shall be authorized 10 commence business a.
loon as twenty-five thousand and 00/lOO ISIS,
ul0OCj dollars OF its capital stock shall hav,
been paid for, either IN cash or for labo
done, or services performed for said corpora
ton, or for property or rights actually trans
ferred 20 X.
Article V.-The capital stock of this cor
poration may be increased up TO the sum 0
two hundred and fifty thousand and 00/0
dollars (S25O,OOO0O by a vote Of two-thirds o
all the stock, at meeting called for tina
purpose.
Article VI-T-arsfer Of stock shall be mad
only on the books OF the Corporation. subiec
to such regulations and fornalities as tn
board Of directors may prescribe Any stock
holder wishing to sell his stock must offer tn
same in writing 10 the other stockholders
| through the board Of directors, at a pric
not Exceeding the book value thereof. VIII
shall have an option to purchase all share
Of stock 10 be disposed Of BY sale, resigna
ton, death, or otherwise, of any of its mem
bers, and they shall have fifteen days j
which 10 accept or decline said offer. Shout
the board Of directors decline 20 purchas
any stock, the stakeholder who has made tn
offer to sell, may then dispose OF his stoc
| in any manner or at any price he may Sc
| ft but any sale or transfer made by stool
| holder in violation of this article shall b
void. and no transfer Of stock shall be mad
| on the books OF the corporation unless n
| provisions thereof are strictly complied will
Article VII.-All the corporate powers
ercised by board of directors, composed
| FIVE stockholders, three of whom shall col
: stitute a quorum for the transaction of bus