The herald., 1916-01-27
CHARTER
80 AEROPLANk ~

- 20 and ior sal- 3D. prrs-acc /
ossslhsd. u ,..iding ara IL - ~. and un- +,
~, thefen. herelnai,e' . 80 soa~sr-d the |
* ,iino..,sonally cane cane a.. 5Ir scrcuuto /!
e>Cred' rs whose nan - hat avail |
60 NO seveIalIy , a. o.: tie safe of !
sSsot,~selves o. 70 the organization OF
u "a. rela'',. soecIally Act 20 oil 1.e
Dss',;ons, sno toT IN, state OF Louisiana
81 Assembly , he DO by these presents
" 4, Jesi I'D their suc'eS'''s -
y I,nselyes ~I.Iyes into 1'Ir'I".'o';
y t,rn the law, for tie purpose. anu
sEss ,Sy polItc ~ The articles ard a''P~'a'
rs, and i sno's set forth. .-u,-,,;o,
~, btfenaiT ~. name Of ms 90. $500 $500
gs,sce l-noiiIIS,,dson Aegopiane ,o"Pa,',
u be- h.der which corporate IAN
s..,,srstsd' SCnTpsrate existence az, s... -
.san hayc err, Of ninety -".Is Nty,,r S.,.s
800 tOf the he date hereof IL s.'A,' -. ,',-.
= snd arc and be sued u ' -. and
| 20 70 sue nortgsse, pledge. az ,roneTty,
- e', H,,l estate and PT'S go and au.
| ossnod lis 10 exercise ga -, of IFS
| 4 ssnsi..nr,,eted with ne p"' "a ali the
sdy On OF incidental me-. me- ~ corpora.
dars'S authority co ol.,..
- N I'm. purposes tor h ~y'-" manu- 'rts
stiels - !. organized are 10 ~, III lids Of
i e1OfanSn, sell, and opeIa'S "a a. al 1tber
s5r, bydro.aeroplane', -, III =. ali kinds
~. y sving machines, a. .," w. If the two;
4 sIsreIah sngines and parts o. al xmas,
4 I nsehfN fittings and appuFl enai|es
4 -irre, fh'u..,,.,craft and com 3inau'"s OF
z air and I as ali other c.-2Tope'leG
!. no as We in full ownership anu
,.tss; 10 seSsstic and foreign patentS,
lsrsise az lie on the various h'Nus anu
q q patent ns craft, machinery engines
=, Of p,, their furniture, hAtuTes'
4 q paris o. ,o,,rteuanccs; 20 sell ana !e"sC
raS sno ~ ~ and patent rights, on sue"
ssdh paieh'' md for such territory as 70
i gzs rcysn'S, and proper, and gene'ahy 20
s5y seen ,scessary and incident 10 INC
IL thi9gS "csyporaton, and It shall nave
ssn,s' o. -. .s,ry on all or parts OF us Jus
s,oriy -, states, territories aHd PI,sSs1s
- y ~ United States, as wen d al '0'
@ 'oonI VII Tn. domicile OF this corpora
lnits II - the city Of New Orleans;
. shaIi VS;,ation Of all legal process ana
ssin., oo,;ces shall be served upon tne
~ ksA ), N, corporation, and III ms aO'
the ioe-PTesldent'
sN U-Tbe capital stock OF TINS cor cor
llse ~ .,.hv fixed at the sum OF my
ysnOn y s.ii.,s 1sSOOO0OO), divided into hNe
s1ssno , sV sL,res. of the par value OF one
s'lrte III sfI,,s $4,000 each. But the cor
fSsl.a an he a going concern as SOON %
s'lsn..nd dollars ($500OU) OF the capi'al
2. Sas been subscribed
.;,,l stock may be increased TO nor
X aP million dollars (Sl,uO,VcOUC)'
sxans s in the capital stock may be
81 %, M AZ common stock, or partly oil
russn ns,,lv Of the other, and the terms
=. ..,ri,,red stock shall be hXed by the
Y directors, which may be IN exist
~ ~. "A, time Of the proposed increase III
Fl : aytal stock.
v-Au the powers of this corpora
S Isu X, vested in a board OF directors
vi q not less than three 90 stock
I'D pover and authority IS hereby
"a, me board Of directors to increase
..rb.f Of directors to any NUMBER nor
100 nine (9); and the SAID ooaru Oh
s.s.r, nav I'll vacancies IN their nunoeI'
-..,,, caused, by election from among lie
rtIAoders. .ro...d
s~ an The FIRST Tuesday after the hrsi
-. n the month of July OF each year,
-, -, ,hs first board, which is provided ioi
IS charter.
-. annual meeting held for the election
.S-r,urs. each share OF stock shall be en-
~ 1. spe IN vote, which may be cast IT
II gvu Or BY written proxy: III,
\. i,I,y, 10 hold such meetings shall
:, animate the corporation, but the ofhcers
I. q ACE shall hold over until their sue
~, ,r, elected and qualified.
n, sr,t board Of directors shall consist OF
IL Rehardson, whose address IS sol.
s.A,rn Place. New Orleans; Willis IL
\, .bss. address is 56l2 Woodlawn Place
= Orleans; and Marshall ID. Cloyd, lSS:
l.b,Ha street, New Orleans.
Ia board q directors shall annually elec'
= theif midst a president, vice-president
-sur,f and secretary, and 1t may combine
q ) a, q treasurer with that of the presl
& n yiee.president or the secretary, and /
N ,lect secretary who need not be
i.ar or stakeholder, but such secretary
r,s Be treasurer.
n krs, president shall be F. T. Richard
4 The first vice president shall be Willis
Cox, who shall also be treasurer, and TIT
b suetsry shall be Marshall ID. Cloyd
4. hey shall hold Office until their success
n u, elected and qualified.
LritIt W.-Three hundred thirty-eigh
n shsres Of the capital stock of this cor
aisn has been used to acquire all tn
ti title and interest Of F. T. Richardson
III Cope, NJ. d. Cloyd, G. F. Cotter, F
} houss, c. H. Thomas and A. A. Dunn
: nd 70 certain patent, obtained by Johi
Chapman from the United States an,
Avn as ST. No. 1910, allowed May Is, 1871:
trtturths Of which patent right is nov
md BY the above named subscribers I
4 thster in proportion to the amount
shth they have respectively subscribe
: ., stock Of this corporation and the trans
z b then Of the respective interests shall
msidsfsd as payment for their subscrip
T. richardson, two hundred fifty (25O
ans; ". H. Cope, fifty $50 shares; NJ. L
I'D i've % shares; c. H. Thomas, eigh
nars; 7. D. Thomas, eight 90 shares
y letter, ten Q0) shares; A. A. Dunn
nu v shares; said persons being tn
80 N that proportion of said paten
10 pnt the said parties will respectivel
a1ssi 70 the corporation. The portion {
q patent right not owned by the aforesai
Has 10 be acquired from John II. Chat
atte vII.-Not less than fifteen q;
Icties shall be given for all regula
= 1asdes meetings, and not less than nv
q ny notice for special meetings. Til
directors shall hold regular and sp,
nertnp at such times and upon sue
70 time which the said board ma
II AZ notices Of meetings of all kline
~ written notice through the po!
.ee'essed to the respective stockholt
: !. = ne address given to the secretary b
@skhoider, or the notice may be deli-
y. messenger.
saas Widths act of Incorporation ma
,Snsed modified or altered, or this CO
s1 may be dissolved with the asser
- ~ MIRA Of the stock present or repr
!, meeting convened for that pu
!. jig ,N-No stakeholder shall ever |
-. oe q responsible for the contrac
IA !, ~ q said corporation in any furtht
=. ri ne unpaid balance due on Il
!, sock owned by him; nor shall ar
3, L.ao'nality in organization have Il
-, Nnderins this charter null or e,
y a. s stockholders to any liability b
~ amount Of his unpaid stock.