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

INC.
-. s,,,ss Of America, State Of Louisi-
u0i so. Parish Of Orleans, City of New Or
lcsnA
n. = known. that on this LIST day OF sep
$500 In the year OF our Loro' one 'nou-
sand nine bundled and s'T Dnblic duly COM
.,,:ss;oosd and qualified and sworn IN anu
IN ~. n,r;sh OF Orleans and City OF new
n ~ STATE of Louisiana, therein resid-
;ns and an the presence OF the "ltnesSeS
hrTe;nafter named and undersigned; peISo
Nv came and appeared, the seveIaI
49, n.mes are hereunto subscribed, VINO
1900. that. availing themselves OF tne
isss' N the State of Louisiana relauye 70
lhe organization of corporations tney 10 "
these presents covenant, agree, stPuldte snu
EaS tbemselyes as well as such persons %
- - he,eafter become associated with them,
"a ,fofm and constitute corporation anu
"a. rol;,ie in law for the objects and pur,,
sosrs and under the causes, stlpulations any
,rs;eles hereinafter set forth and eNplesseu'
which they do hereby adopt as theif SiiH'
ter, to-SIt: =,
a,,~,. 1.-The name and title Of this cor
,&stio, shall be Jackson Gravel Company
la Ijvder this corporate name said cor
e.,,,;.n shail have power and authority 10
20 nd rnioy succession for the full term
IA per;od Of riinety-nine C9o) years IRON the
an hereof. II shall have power TO sue anu
Be sued: to make and use corporate sea-,
md ne sane to break or alter at pleasure
10 ON. hold, receive, purchase, use, convey,
,,n iease. mortgage, and pledge, under It's
corporate name, property, both real anu ye
sonal: 70 consolidate or merge with anotnef
ecrnor,tion. and TO hold or own stock there
IN: 10 borrow money and to issue notes ano
bonds secured by mortgage or Otherwise 70
nzme and appoint such agents, managers, oil.
rectors officers and employees as the lnlefes'
and ccsvcnience Of the corporation may re-
sire, and to discharge the same at pieasuie'
and regulations for the proper management
,nd conduct of the affairs of the corporation
as may be necessary and proper, ana inc
sane 10 change or abrogate at VIII ana sen-
e1lly b do and perform such acts, matters
and thinrs as may be incidental 10 the ous-
iness Of the corporation or requisite and nee
essary 10 carry out the object ana purpose
Of he came as shall be more fully herein
after expressed
Article 1.-THE domicile of this corpora
ton shall be at the city OF New orleans,
rsrisk Of Orleans, State Of louisiana, where
al citations and other legal process sh hn, o
served upon the president, or, IN MS absence,
upon the vice-president, or, in the absence
Of both. upon the secretary or treasurer OF
a otherwise provided by law. .,
Article III.-This corporation IS organized
Tor the purpose Of producing. buying, seihne,
material in louisiana and elsewhere and TO
iez,e, svn and operate beds. deposits ana
hn6 containing the same, and 70 enter INTO
ens,svnents, obligations or undertakings, ana
% make and do any and all things neces-
0ry o. proper in connection with the prin-
opsl object aforesaid; and to engage IN any
ehr business or enterprise which might DC
gnsne to. or connected with, the purposes
soeve stated.
Article W-The capital stock Of this cor
PORTION shall be, and is hereby liked at the
~ o. twenty-five thousand dollars CSZSlv,vegnyi,
divided into two hundred and fifty (2So)
mares Of the par value Of one hundred doi-
AN $4,000 each. The capital stock OF TINS
oporasicn shall at no time be increased 70
scn exceeding one hundred thousand dol
lars 01oo00O).
he full amount of each share Of stock
nan Be paid for in cash or its equivalent
N roperty or labor at the time same Is
as1ed and no stock be issued until FUZZY
ne Tor. This corporation shall be consid-
aes % organized and a going concern when
we've thousand, FIVE hundred dollars CSlI,-
Mw Of its capital stock shall be sub
I ne and paid for as provided for by law
Al stock shall be fully paid and non-as-
.ssoie No transfer Of the stock OF this
ss'siicn shall be binding upon the com
sH unless the certificates evidencing, the
go Of stock to be transferred shall have
"a oelivered to the officers of the corpora
YIN authority to make the transfer or
80 Tie transfer is actually made on the
o. said corporation. Prior to sucn
s'1Her this corporation shall be authorized
"a With the person in whose name the
- sands on the books of said corpora
~ stakeholder Of this corporation shall
- ne right TO sell his stock until after
a. noider has previously offered same to
- ms'nins stockholders through the pres
~. said corporation and given such
Soers hve days within which to pur-
- AID stock at its book value plus $50
,S All the stockholders shall have the
NJ purchase in the proportion OF their
H..q IL said corporation.
slcie N.--An the corporate powers of this
S.S noa lsave those hereinafter reserved
"a vested in and exercised by a board
kaso'crs to be composed Of four ~ stock
mree 90 of whom shall constitute
dGn Tor the transaction of all business
hoard The board Of directors named
~ snail serve until the second (2nd)
IN October, 1917, at which time
ooard shall be elected, and a board
- uors shall be elected annually there
On me second Wednesday in October
succeeding year.
failure to elect directors at any time,
1870 shall not forfeit this charter, bu;
IN once shall hold over until theii
Al = are elected and qualified.
- eiecfions shall be by ballot, and each
9der shall be entitled TO one vote
= share OF stock standing in his name
- oooks OF the corporation-which vote
east IN person or proxy, or as the
and it shall require a majority
soek issued and outstanding present
nted at such election TO elect.
~ tero OF directors so elected shall
~ their number the officers Of said