The herald. [volume] (New Orleans, La.) 1905-1953, 1916-10-19

Of the witnesses hereinafter named and un
ders lgned: personally came and appeared:
Messrs. John p Sacks and John f. Vim
cent; both OF the full age OF majority an,
residents Of this city.
Herein acting in their respective capaci
ties OF president and secretary OF the Clai
borne Avenue Sash Factory Company Lin
tied. corporation organized under the law
Of 'his State and domiciled in this city. in
sututed by an act passed before Rolia A
Iichenor, notary public, in this city, on De
ccnbcr IS, 1908, recorded in Mortgage Once
book 9l2, TO $50, and amended by another
act passed before said Notary TiCheuor OF
April ,, 1910, recorded in Mortgage Office
book 954 folio 10.
And the said appearers, acting in theii
aforesaid respective capacities. declared that
meeting Of the stockholders OF the saIt
company, held on January 5, 1910. as will
neNed certified extract from the minutes
| thereof, the charter OF the said Claiborne
Avenue sash Factory Company. IEmited,
was amended as hereinafter fully set forth,
and that they, said appearers, were author.
| lied and empowered 10 cause the said amend.
| ment TO the charter of the said Claiborne
Ayenue sash Factory Company, Limited, to
| be embodied in a Notarial Act.
Now. therefore, in accordance with the said
| resolution they, said appearers acting in
: their aforesaid respective capacities, have
| appeared before the undersigned notary for
the purpose Of placing said amendment TO
/
Sash Factory Company, Limited, in authentic
| form by Notarial Act. and hereby declare
that Articles ]. II, III, ", V, VI. VII and
VIII Of the charter Of the said company
shall hereafter read as follows. to-wit;
] Article 1.-The name and STYLE of this cor
! poration shall be the Claiborne Avenue Sash
Factory Company, Limited and under thai,
name 1t shall have and enjoy all the rights.
corporations; it shall exist for a period Of
ninety-nine years from December IS 1908: it
shall have power and authority TO contract
sue and be sued in its corporate name; to
make and use corporate seal, and the same
to break or alter at pleasure; TO hold, receive
purchase, convey, mortgage, hypothecate and
pledge property, real, personal or mixed; to
issue bonds, notes or other obligations. 70
! have and employ such managers, directors
officers and other employees as the interest
and convenience of the said corporation NAV
require or demand; and TO make and estab-
llsh such bylaws, rules and regulation. for
the corporate management and control of
the business and affair, Of the corporation
as may be deemed necessary or expedient
Article 1.-THE domicle of said corpora
ton shall be in the city of New Orleans,
State OF Louisiana, but il may establish
Offices and agencies throughout the United
State of America or foreign countries All
citations and other legal. process shall be
served on the president and in his absence
on the vice.presdent. In case of the alb
sence OF both of said officers, then said pro.
cess shall be served on the secretary Of
said corporation.
Article III.-The objects and purposes for
which this corporation is organized and the
nature OF the business TO be carried on by
II are hereby declared to be: 10 deal in,
buy and sell all kinds of lumber, sash,
blinds, furnishings and fixtures as may be
used or necessary in the erection or con-
struction of buildings; to construct and erect
or contract for the construction and erection
plants, and generally, 10 do and engage in
any other business, undertaking or enter
PRISE connected with, growing out of, ger
name or incidental to any of the objects
ana purposes herelnabOve set forth or con-
templated by this charter.
Article lN.-The capital stock of this cor
poration is fixed at the sum of ten thousand
t$lO,mCOOl dollars. divided into one hundred
tlCul shares Of the par value of one hundred
$4,000 dollars. each, which shall be paid
tor IN cash, in installments on the cali of
the board Of directors, or may be issued at
not less than par for property purchased by
or services actually rendered to said corpo-
ration.
All shares of stock shall be full paid and
non,assesable. No transfer of stock shall be
binding upon the corporation unless made
upon its books, and all certificates of stock
shall be signed by such officers as may be
designated by the board of directors
Article N.-Ail the corporate. powers of
management and control of its business and |
affairs shall be exercised by board of d.
rectors composed of five stockholders, which /,
fifteen at the discretion of the board of di- |.
rectors. A majority of the board of drec- |
tors shall constitute quorum for the trans
action of all business. The directors shall |
holders the first Wednesday of January |
OF each year. Each stakeholder shall be en- |
titled, in person or by written proxy, 10 one |
vote on each share Of stock owned by him. |
and standing IN his name on the books of the \
corporation. All elections shall be held under \
such rules and regu atoms may be deter. /
mined by the board of directors, but after
notice shall have been given in the manner
General Assembly of the State of Louisiana
for the year 1914. The directors thus elected
shall continue in Office for year or until |
their successors shall have been elected and
duly qualified. No failure to hold an cleo
ton shall be regarded as a forfeiture Of |
this charter. Any vacancy occurring on said |
board Of directors shall be filled by the re-
naming directors for the unexpired term
j he said board of directors shall likewise
elect the additional members in case they
should determine to increase the number Of /
me board as hereabove provided for. Said
board OF directors shall, at its first meet
ing after its election elect from among its
number president, a viee-president, a sec
rotary and treasurer. 1t may combine the
two last mentioned Offices into one and may
even elect secretary who need not be
stOckhoder.
Article Vino stakeholder shall ever be
leld liable or responsible for the contract,
my mere informality in it's organization have !
he effect of rendering this charter null, or
u exposing stakeholder TO any liability |
beyond the unpaid balance due on the shares |
If stock owned by him. II
Article NII-This act Of Incorporation may l
De changed, modified or altered, or this cor. II
ooraton may be dissolved in full accordance |
With the terms and provisions OF the afore- i
said Act No. 267 of 1914. In the event of
he dissolution of this corporation by the
expiration of its charter or otherwise, the
stockholders shall elect from among their
number, three liquidators who shall have
ull power and authority 10 settle the bust.
ness and affairs Of the company. In case II
II the death or inability Of any Of said COM
nissioners, the remaining liquidators or COM
nissioners shall appoint a successor or sue
,essors TO him or them.
Article VIII.-No stakeholder shall sell or
IN any manner dispose Of the shares of
stock owned by him in this corporation,
without having first offered the same TO the
corporation through its board of directors,
IN writing. and the said board Of directors
shall have the right and privilege of pur.
chasing the same at its book value as es-