The herald., 1916-11-30
CHARTER
OF THE CONTINENTAL CONSTRUCTION
COMPANY, INC.

ana, Parish of Orleans.
! BE II known, that on this 10Th day Of m
month # November, III the year of our Lore
one thousand nine hunhed and sixtce
1910, before me, Watts r. Leverch. a nc
! 'Iry public. IN and for the parish OF Orleans
STATE Of Louis ana, duly commissioned an
qualified and IN the presence Of the W;
Tesses hereinafter named and undersigned
0c-spnallv came and appeared, the scvera
| persons whose names are hereunto subscribed
| II Of the age OF majority, who declare
| that awaiting themselves OF the provision
| Of the laws OF this state relative 10 the or
= 7n'z1tlnn Of corporations. they hereby form
themselves into and constitute a corporation
+ " the objects and purposes. and under In
/ mutations hereinafter set forth
| Article THE name and title OF th
| operation shall be: Continental Construc
| ION Company, Inc. and under its corporate
l. tame u shall ENJOY succession for the iul
I crm and period OF niaety-nnc years from
| and after the date hereof, and shall hav,
| he power and authority 70 contract Su,
| and be sued; 10 accept and receive mortRa
| yes, pledges or other hyP0thecatOns TO max,
and use a corporate seal, and the same t,
| break and alter AZ pleasure; TO purchase
| -eccIve. lease, hold, or otherwise aCqur,
and Convey, as well as mortgage and by
| notheca'e under its corporate name. prop
| erty both real and personal and mixed; &c
! borrow money and make and issue bonds and
| other evidences Of debt. and to secure the
| same by mortgage or otherwise; TO name and
| appoint such managers, and directors. Off.
| GERS and agents as the interest and convent.
| euce Of said corporation may require; and
| to make ard establish, As we'll as al'er and
| amend at pleasure, such bylaws rules and
lliaion Of the affairs ofethe corporation as as
| nay ne necessary, proper or convenient
.Artlsle ii.The d2micile of this corpora;
| ton shall be in the city OF New Orleans and
| all citations or other legal process shall be
! served upon the president Of the corpora
| ton, or IN his absence, upon the vice-presi-
| dent
Article III.-The objects and purposes for
which this corporation is organized and the
| nature of the business to be carried on
by it, are hereby declared to be:
70 carry and conduct a general en-
gineering and contracting business, incud-
| ing designing, constructing. engineering, re-
pairing, removing, or, otherwise engaging
IN any work OF an engineering or cOnstruc-
non nature, upon buildings, roads, highways,
ANYWAYS ferries, warehouses;, bridges,
piers. docks, whdrves, mines, shafts, en-
oankments, hydraulic works, waterworks,
railroads, railways and railway structures,
manufacturing plants, sewers, canals, levees
and public and private work of all kinds.
4 10 construct, own and lease, and oper-
ate dredges and other machinery, necessary
to drain and reclaim lands, construct. deep
en- and improve channels, canals and bitches;
20 own, operate and carry on all works per-
ainIng, to such drainage and reclamation.
). To mine, transport and sell coal and
the by-prOductS thereof
4 To manufacture and furnish materials
and supplies necessary Tor use in connection
with the purposes hereinbefore set forth.
;. 10 buy, own; reclaim, cultivate, de;
andS and real estate. To construct, own
and operate boats for transportation, pro-
2elled by sail. steam. gasoline, electricity
II other power; TO construct. own and oper-
ate sawmills or other factories or industrial
plants.
o. To acquire. purchase, hold, sell. assign.
.Iansier' pledge or otherwise dispose OF
bonds, obligations and securities issued or
granted by any company, constituted in or
carrying on business in the United States,
u IN any colony or dependency or posses;
SION thereof, or III any foreign country. and
lebentuTeS, debenture stock, bonds, obliga-
tons and securities issued or granted by
my government, municipality, district, or
Article IN.-The capital stock of this cor
poratiOn is hereby fixed at one hundred
thousand (Sl0O,O0O0) dollars. divided into
md represented by one thousand QCOO) shares
u the par value of one hundred $4,000
dollars each: all OF which is subscribed for
It the execution hereof. One hundred of
these shares have been paid for in cash. at
par, at or prior 70 the execution of this char. /
ter and the remaining nine hundred 5000 |
Shares are issued at par, in exchange for /
,eftaIn property, an accurate, detailed and |
itemized description Of which as to amount, |
location, extent character and state of i'm |
brovement together with a statement of the !
value thereof. as appraised by the directors.
IS hereto annexed and made part hereof |
be read IN connection herewith. Said cap
!tal stock may be increased 10 the sum of |
I'VE hundred thousand dollars, of which in |
crease, not more than one hundred thousand |
'SlOO,OCO0C) dollars may, at the option of |
affirmative vote, be non-cumulative preferred |
stock. All shares of stock are fully paid |
and nor. assessable All stock Shall be
Transferable only upon the books of the
company, and IN accordance with its bylaws
and regulations.
Article V.-The powers of this CORPORA.
ION shall be vested in and exercised by a |
BOARD composed of not less than three. nor
snail own in his own right at least one full !
'aid and unpledged share of the capital II
stock. The number Of directors within the |
imits above prescribed, and the number re.
hall be fixed from time TO time by the by
avs.
The said board of directors shall be elect
% annually; by ballot, at stockholders
'oration on the second Tuesday of January
n each year, beginning with January, 1917, II
liter notice given to each stakeholder by Il
nail, addressed to his last known post office II
ddress at least ten days before the date
! SAID meeting. Stockholders shall have
he right of cumulative voting in the cleo
ION OF directors. Each share of stock shall
e entitled to one vote, and it shall REQUIRE
majority to elect. The board of directors
nal have the power to fill all vacancies
men may occur on the board through death,
ulSqudHncatl0n or other cases.
ven though no quorum remained at the time
ncn vacancies are to be filed Failure 10
ieGt directors on the day above specified
hall not dissolve the corporation. but the ,
lreetorS then IN Office shall remain in Office I
ed. ~'u iuS'i-
he board Of directors shall elect from
,eI NUMBER, at the hrst meeting, a pres
tent ana a treasurer, and they shall also
lect hrst vlce-president, second vice.
resident, third vice-president and a sec
-tary, Who need not be members of the
oard The directors shall have AUTHORITY
eIect such other officers as they deem nee
'Sary or convenient for the carving on Of
lie company's business; and they shall have
le power to unite two or more offices and
confer the same upon one person, or 10 Il
spense with any office, at their discretion |
Inc board OF directors shall also have the |
'wer to make and establish as we'll as alter
I'd amend, all bylaws, rules and Regulations II
ecessafy and proper for the support and L
engagement of the business and affairs Of
is corporation, not inconsistent with It's
arter They shall have authority 10 issue
~ denver tull paid shares of stock and =
mas, or other obligations of the company :,
payment for money, or propertv or rlgb,s =,
tually received by said corporation OF the =
llue thereof, as appraised by the said board h.
10 Specihcaliy for the property described n
the schedule annexed hereto and made a a
ri hereof. ~ u
AT any meeting of the board of directors D
y director absent from the meeting NAV
represented by any other director. who NJ
~ cast the vote of the absent director &C. OF
rdlng to the written instructions, whether s.
neral or special, of the said absent direc- 81