The herald., 1916-10-12

| power and authority to provide for the ger
| eral and special meetings of the Stockhol,
ers and OF the board OF directors as PR
| vided by law.
Article VI.-The following powers are G,
pressly reserved to the stockholders to b
exercised by them, to-wit: the right 10 merge
ainalgamate or combine this corporation wit
| other corporations, to sell the corporatiO
assets as a whole or 10 lease, sell, or mort
gage the property or plant OF the corpora
ton, either IN whole or in part; TO Tx tn
salaries OF the officers OF the corporation {
control any uniform or general increase 0
salaries OF employees; 10 control the polio,
OF the board OF directors and Of the officer
OF the corporation; and TO pass upon an,
proposition to issue any unsubscrIbed stool
or to increase the capital stock.
Any and all Of the things herein reserved
may be done and performed by the stock
holders in meeting assembled and provide,
a majority OF the stock issued and outStand
ing shall agree to the same
Article NII-Elections for board Of drec
tors and for other stockholders meetings
shall be preceded by fifteen Q5 days no,
rice, and such notice as the law requires.
ings or meetings or the board OF directors
required either by charter or by law, may
be waived by unanimous consent.
All stockholders meetings shall be called
and held at any time upon the required no.
tees having been given, when called by the
board of directors or the officers thereof or
AZ the request of the stockholders, owning at
least ten G0D shares or more of the capital
stock OF said corporation.
Article VIII.-The officers of this corpora
tion shall consist of a president one more
vice-presidents, secretary and treasurer. The
office OF secretary and treasurer may be held
by one and the same person. Until the cleo
ton to be held on the second Wednesday in
October, 1917. the following named persons
shall constitute the first board of directors,
to- wit: Paul F. Jshncke, slI Howard Ave. :;
{. S. Mcfarland. 35O8 Chestnut St; Walter
F.. Jahncke, Slj Howard Ave: and August
w; Berdon, 4O Gravier ST; with Paul F.
Jahncke as president. G. s. Mcfarland as
Walter F. Jshncke. as secre-
tary and August w. Berdon as treasurer
Article lN.-The names and post office add
dresses OF the subscribers to these articles Of
Incorporation and the number of shares sub
Orleans, La, - shares; c. S. Mcfarland
3S9 Chestnut lSt: New Orleans, La, 5
don. 4S0 Gravier St, New Orleans, La, s
shares; F. {. Dunn & Co.. Inc, 632 Gravier
St, New Orleans, La, lis shares: Ernest
Lee Jahncke, sl+ Howard Ave. New Orleans,
La. IL shares.
Article None of the principal purposes of
the organization of this corporation being
to acquire by purchase all of the material
and other effects of the F. c. Dunn & Com
and leases which they have for
gravel pits or other eXecutOry contracts, per-
aiming to the mining. producing and market
ns OF gravel at Jackson, La. The parties
his charter detailed description of all the
material and effects delivered, as well as
ist of the contracts and leases which it
proposes TO transfer to said corporation in
ayment of eleven thousand, FIVE hundred
dollars (sl1.5OOOO) of the stock herein sub
cribed by the F. {. Dunn & Co., Inc, to-
ether with the appraised value of said |
roperty as made by the board OF directors
ereinafter named, which said description |
nd appraisal has been signed by the board |
directors and paraphed me Varietur" by |
lie, notary, for identification with this char
er The F. C. Dunn & Co., Inc. consent
~ TO a transfer Of said property in payment
all the stock subscribed by it.
Article XI-This corporation shall have
over to conduct business, not only in the
tate of Louisiana. but in any other state,
,rritory or possession of the United States.
Article X1I.-This charter maybeame nded,
odihed or altered. or the corporation may
: dissolved upon complying with Act 267
1918 or any amendment thereof, or any law
issed hereafter on the subject matter; pro-
ded that majority of the stock issued and
itstanding concurs therein.
Article NIl-This charter may be amended
ration shall ever be held liable for any
the Indebtedness, contracts faults
ereof in any further sum than unpaid bal
ice that may be due the corporation on
e shares owned by him nor shall any mere
formallty in the organization have the
feet of rendering this charter null or of
posing a shareholder to any liability
Article XIV-At the expiration of this
arter or the earlier dissolution of this cor
ration its affairs shall be liquidated by
70 commissioners. who shall be stockhold-
ected by majority of the whole stock is
ed and outstanding, am said commission
5 are hereby vested with full power and
Ithority to sell any and all assets and
rporation and to convey full and complete
lie thereto, and to do and perform any and
acts essential and proper 20 the full and
mplete liquidation OF the affairs of this
rporstion; and to distribute the proceeds,
any, as herein provided.
In the event of the death, inability or res
nation Of any one of said cOmmJ ssioneTs
e survivor shall continue to act to be
lewise vested with full power and author |
Y as herein mentioned.
So that this charter may also serve the
rpose as a subscription list, the under
sned organizers Of this corporation have
subscribed for, stock therein in
e number of shares and in the amounts
spectively set opposite their signatures
reto, and have added their post Office ad-
esses under their said signatures.
Thus done and passed at my Office in the
~ of New Orleans, Parish of Orleans,
ate of Louisiana, in the presence of
aynne G. Borah and May Lorio. competent
THESES, who have signed these presents
tn said appearers and me, notary, after due
aiding of the whole.
Original Signed: Paul F. Jahncke, 43
ares, $4,000; Ernest Lee Jahncke, 81 ]
ares, $4,000; Walter F. Jahncke. Al shares,
1000; A. w. Berdon, 5 shares, 5000;
S. Mcfarland. shares, $4,000; F. c. :
Inn CO.. Inc, lis shares. sll 5000, by J
s. Mcfarland, Secy-Treas. Witnesses:
ayne 6. Borah, May Lorio.
HENRY 6. BLOCH. Notary Public.
!, the undersigned by. Recorder of Mort O
ges, in and for the Parish of Orleans, State
Louisiana. do hereby certify that the !
owe and foregoing act Of Incorporation of
: Jackson Gravel Company. Inc, was this :
y duly recorded in my office in book l20l,
10 - New Orleans. La, Oct. 10, 1916. z
SigneD EMILE J. LEONARD, by. r.
HENRY C. BLOCH, Notary Public.
! u lo % nov ? 9 10 q