The herald. [volume] (New Orleans, La.) 1905-1953, 1916-11-16

Article Win the event of the liquida.
ton or dissolution OF this corporation, the
stockholders shall elect two liquidators from
among their number at 4 meeting convened
for that purpose. after ten days written no.
tice sent to each stakeholder by mail to his
last know address; said liquidators shall
have authority to wind up the business and
affairs of this corporation.
In case OF death OF either OF said liqui-
dators. the survivor shall appoint stock
holder successor to him.
Article Vll.-This charter may be modified,
changed or altered, or said corporation may
he dissolved, with the assent of stockhold-
ers owning two-thirds Of the entire capital
stock. at a general meeting Of the stock
holders convened for such purpose, after ten
days written notice shall have been given
to each stakeholder mailed to him at his
last known address,
ever be held liable for the contracts, faults
or debts OF said corporation in any further
sum than the unpaid balance, il any due the
corporation on the stock for which he has
subscribed; nor shall any stakeholder ever
be held liable for such contracts, faults, or
debts in any further sum than the unpaid
balance II any, on the stock owned by him
nor shall any mere inforrnality in organiza.
ton have the effec, of rendering this char.
ter null, or rendering any subscribers or
stockholder liable beyond the unpaid amount,
1t any, remaining due his stock.
Article lN.-This corporation is organized
under the laws of the State of Louisiana.
and especially Act No .267 of 1914, and the
subscribers hereto. for themselves and said
coToration and for its officers, directors and
stockholders, hereby accept. as part of this
charter and as conditions of this incorpora.
ton, all the rights, powers. privileges and
iminunities granted to corporations and
granted to and conferred upon officers, diree.
tors and stockholders Of corporations by said
laws and said act; such acceptance being a,
full, complete and binding as IL said rights
powers PRIVILEGES and immunities were set
foTth at full length in this instrument.
Zach subscriber hereto sets after his Name
his post office address and statement of
the number Of shares Of stock which he agrees
to take in the corporation.
Article N-Said appearers declared that
they subscribe. respectively, to the follow.
tbs corporation: Sesiy Dunn 4sp ' sSare 8.
Alfred ii. Clement, 40s shares; ]. o. Elmer
! share; Geo. s. Taylor. share
The said subscriptions of Seely Dunn and
Alfred II. Clement shall be paid for and
settled by them by the transfer to this cor.
p3railon of the following described property,
OF which, however. for the purpose of their
convenience, is now in the name of said
Dunn, to-wt:
First: The Clement Sulphur Claim, located
oy tustav Grossman, agent for Seely Dunn
mineral file 1922 comprising 40 acres Of land
and located on the Southwest quarter of the
southwest quarter Of Section IS Block 100
grantee public school. Culbsrson County.
Second: The Dunn Sulphur Claim located
by Gustav Grossman, agent for Seely Dunn
mineral nile loo, comprising 20 acres of land
and located on the northwest quarter of the
southwest quarter of section IS, block 100
Texas. '''
Third: Douglas Sulphur Claim No. I. 10.
lated by ,. ID: Coalson, agent for Seely
Dunn, mineral file H0l, containing 20 acres
OF land and located on the Northwest quar-.
Yer OF the Northwest quarter Of section q
block loSI grantee public school. Culberson
Fourth: Douglas Sulphur Claim No. 2. 10.
gated by S. d: Coalson, agent for Seeiy
Dunn, mineral file l702, containing 20 acres
OF land and located on the Southeast quar-.
OF NE southwest quarter OF section Is
Fifth; Douglas Sulphur Claim No. >. To-
Sated by S. d: Coalson. agent for Seely
of land and located on the Northeast Suar.
Ter OF the Southwest quarter of section IS
olock 10y grantee public school, Culbersor
which said above described property has
been appraised by the directors OF this chr
poration at the sum of SlOOOOOO0
Said Alfred II. Clement, having paid OH,
ana advanced to the sum of s6,6i4Ss 70,
account OF this corporation, as shown by the
detailed statement hereto annexed, which
mas been approved by all of the said an.
pearers, IT is agreed that this corporatior
shalI reimburse the said Alfred H. Cleu,en,
Tor said payments and advances so made by
MIN out OF the first net profits of this cor
poration. ~ wi
Thus done and passed, in my notarial Of
' me city OF New Orleans. aforesaid
IN the presence Of Ferdinand E. Zimmer and
raymond Fagot, competent witnesses of law.
ful age, and residing in this CITY, who here
unto unto subscribe their names, together with
and d ptr' ss, sma . me- notary, on the day
Original signed: Alfred H. Clement. 49s
shares, so4 Hennen Annex, New Orleans L.,
SReeiy Dunn; 499 shares, s2s Whitney Contra
one share. SIS whitney, , Baiidias. q New ElT oT
leans, La; Geo. S. Taylor, one share. S4
Hennen Annex, New Orleans, La. W.
Fagot. ''A'"0
w. w. YOUNG, Not. Pub.
L, the undersigned recorder Of mortgages
IN and for the parish Of Orleans, State II
Lou s. do hereby certify that the above
recorded in my, Office, in book 1901. folio W
New Orleans, October 2, 1916.
tSigne0 EMILE ]. LEONARD, d. R.
tSigneO w. w. YOUNG, Not. Pub
oct IL 10 b nov 2 9 Is w.
OF THE CONTINENTAL CONSTRUCTION
COMPANY, INC.
S"itcd states OF America, State of Iouisi.
ana, Parish of Orleans
he 1t known, that on this 10th day of IN.
month OF November. in the year of our Lord
one thousand nine hundred and sixte.n
llSlo), before me, Watts K Leverich. a no.
sary public, in and for the parish of Orleans
state Of louisiana, duly commissioned and
quahhed and in the presence of the viii.
nesses hereinafter named and undersigned
personally, came and appeared, the several
persons whose names are hereunto subscribed
-. ,Ll OF the age. of majority, who declared
mat ayailing themselves Of the provisions
OF the laws of this state relative to the or.
ganization of corporations, they hereby form
themselves into and constitute Corporation
Tor the objects and purposes, and under the
stpuiations hereinafter set forth.
Article 1.-The name and title of this
corporation shall be: Continental Construc.
tion Company, Inc, and under its Corporate
name 1t shall enjoy succession for the full
term and period Of ninety.rin years from
and after the date hereof, and shall have
the power and authority to contract sue
and be sued; to accept and receive mortsa-
Ses; pledges or other hypothecations; to make
and use corporate seal, and the same to
break and alter at pleasure; to purchase.
receive, lease, hold, or otherwise acquire
and convey, as we'll as mortgage and hy-
ootheeate under its corporate name, prop
erty both real and personal and mixed; to
borrow money and make and issue bonds and
other evidences of debt and to secure the