The herald., 1916-02-24
CHAR TEE

CHARTER
OF PLUMBING X MILL SUPPLY Co, INC.
state ~ Louisiana, Parish Of Orleans, City
OF New Orleans.
BE 1t known. that on this ninth dav Of
the month Of February, in the year Of our
Lord. thousand nine hundred and six.
teen, before me, Edouard f. Henriques, a
notary public, duly commissioned and quail
he'd IN and for the parish OF Orleans. city OF
New Orleans, State Of Louisiana, therein re-
siding, and in the presence OF the witnesses
hereinafter named and undersigned, person
ally came and appeared. the several persons
whose names are hereunto subscribed, who
NevcrdIly declared that, availlng themselves
OF the laws Of the State of Louisiana, in such
cases made and provided, they have cove
hanttd ana agreed and bind themselves, as
wen as all such persons as may hereafter
become associated with them to form a cor
pOraton for the objects and purposes and
under the articles and Stipuiatinos following,
tD-wit:
Article The name of this corporation
shall be Plumbing and Mill Supply Company
Inc, and under its said corporate name il
snail nave power and authority To have and
ENJOY corporate existence and succession Tor
the iull term and period Of niucty-nine years
from and after the date hereof; to contract,
10 sue and be sued, TO make and to use
corporate seal and the same to alter and
break at pleasure; 20 hold, receive. lease, pur-
chase and convey. as well as mortgage and
hypOihccate property, real. personal and
mixed, corporeal and IncorporCal; to name and
appoint such managers, agents, directors and
othcers as lis business interest and conven-
renee may require, and to make and estab-
liSh well as alter and amend from time
70 time such bylaws, rules and regulations
Tor the proper government OF the affairs OF
SAID corporation as may be necessary and
proper.
Article 1.-The domcie 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
frTGF L..
ana IN the absence of both Of said officers
upon the secretary OF said corpora
ton.
Article III-The objects and purposes for
which tins corporation Is organized and eS-
tab!lShcd and the nature of the business TO
be carried on 10y II are hereby declared T.
De; Inc carrying on OF a general supply bus
mess; to buy and sell, for their own account
as agents or on commission plumbing goods
ana supplies, plumbing SpeCialties including
iron ware, enamel and vitreous ware and
hrdNs and rubber goods used by plumbers,
steam goods and supplies, steam Specialties
engineer supplies and SpcCaties 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 to do all things Incidental To
or connected with said business This cor
porauon shall further have the right to ac-
quire patent rights TO such materials, and
snail have the right to engage in the manu-
featuring and sale Of the same.
Article lN.-Ihe capital stock Of this cor
poTauon IS hereby fixed at the sum Of fifty
thousand dollars and OOHO0 ($5OODOOm, d.
vided INTO and represented by five hundred
io'yl shares OF the par value of one hundred
and ue/lJ tSlOGoOl dollars each. Said stock
shall be paid for in cash, or in such install.
ments at such time and after such notice "a
subscribers the board Of directors nav fix.
or same may be issued al not less than mar
ior labor done or services performed for said
corporation. or for property or rights actually
received by said corporation.
twenty-five thousand and OOH0O (s25OOM
dollars OF the capital stock has been sub
scrlDed to the corporation at the time of the
passing OF TINS act OF Incorporation, and this
corporation shall become a going concern and
shall be authorized to commence business as
soon as twenty-five thousand and OOHOO C$25.-
g0OU dollars Of its capital stock shall have
been paid Tor, either in cash or for labor
done, or services performed for said corpora
tlon' or Tor property or rights actually trans
ferred to it.
Article V.-The capital stock Of this co-.
poratlon may be increased up to the sum Of
two hundred and fifty thousand and OO/lO0
dollars lS25OODOO by vote Of two-thirds of
all the stock, at a meeting called for that
Article VI-Transfer Of stock shall be made
only on the books Of the corporation, subject
70 such regulations and formalities as the
board Of directors may prescribe. Any stock
holder wishing to sell rs stock must offer the
same IN writing 70 the other stockholders.
through the board Of directors, at price
not exceeding the book value thereof, who
shall have an option 10 purchase all shares
OF stock to be disposed Of by sale, resigna-
uon, death, or otherwise, OF any Of its mem
bers. and they shall have ffteen DAYS in
which to accept or decline said offer. Should
the board OF directors decline 10 purchase
any stock, the stakeholder who has made the
offer 10 sell, may then dispose OF his stock
IN any manner or al any price he NAV see
ft. but any sale or transfer made by a stock.
holder in violation Of this article shall be
= q ba1l he
on the books OF the corporation unless the
provisions thereof arc strictly complied with.
Article NII-All the corporate powers of
this corporation shall be vested in and ex.
ercised by board OF directors composed of
FIVE stockholders, three of whom shall con.
stitute a nunrrrn for The transac.;nn AZ L.