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

Of the witnesses hereinafter named and un-
dersigned: personally came and appeared
McsS-s. John p Sacks and John F. Vim.
cent. both Of the full age OF majority and
! residents Of this city.
Herein acting in their respective capaci-
ties Of president and secretary OF the Clai-
borne Avenue Sash Factory Company. Linn
tied. a corporation organized under the laws
Of this State and domiciled in ,hIs city. in
sututed by an act passed before Rol!a \.
TiCheror, notary public, in this city. on De-
cernber IS 1908, recorded in Mortgage Once
book Oh. 70, $50 and amended BY another
act passed before said Notary Tichenor on
book 9S4, folio 20.
And the said appearers. acting in their
aforesaid respective capacities. declared tina;
a meeting Of the stockholders Of the said
company, held on January s, 1916, as will
nexcd certified extract from the minutes
thereof, the charter of the said Claiborne
Avenue Sash Factory Company, Limited,
was amended as hereinafter fully set forth.
zed and empowered to cause the said amend
ment TO the charter of the said Claiborne
Avenue 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 nota for
he purpose Of placing said amendment to
the charter of the said Claiborne Avenue
Sash Factory Company, Limited. in authentic
form by Notarial Act. and hereby declare
that Articles I. II. III. ". V, VI, VII and
VIII of the charter of the said company
shall hereafter read as follows, to-wit:
Article The name and style of this cor
poration shall be the Claiborne Avenue Sash
Factory Company, Limited, and under that
name it shall have and enjoy all the rights,
advantages and privileges granted by law to
corporations: it shall exist for period of
n metz me war from ,har -
shall have power and authority to contract
sue and be sued in its corporate name; to
make and use 4 corporate seal. and the same
70 break or alter at pleasure; to hold, receive
purchase, convey, mortgage, hypothecate and
pledge property, real, personal mixed; to
issue bonds, notes or other obligations; to
have and employ such managers, directors.
officers and other employees the interest
and convenience of the said corporation may
require or demand: and TO make and estab-
lish such bylaws, rules and regulations for
the corporate management and control Of
the BUSH mess and affairs Of the corporation
as may be deemed necessary or expedient
Article 1.-THE domicile 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. Ali
citations and other legal process shall be
served on the president, and in his absence
on the .vice.president. 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 10 be carried on BY
it hereby declared to be: to deal in,
buy and sell all kinds of lumber, sash
blinds, furnishings and fixtures as may be
used or necessary in the erection con-
struction Of buildings; TO construct and erect
or contract for the construction and erection
of buildings, workshops, and mechanical
plants. and generally, to 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
and purposes hereinabove set forth or con-
templated by this charter.
Article lV.-The capital stock of this cor.
poration is fixed at the sum of ten thousand
tsl0,oOC00) dollars, divided into one hundred
tlOOl shares OF the par value of one hundred
(slOoO0l dollars, each, which shall be paid
for in cash, in installments on the call of
the board of directors, 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 V.-All the corporate powers of
this company shall be vested in, and the
management and control of its business and
affairs shall be exercised by board of di.
rectors composed of FIVE stockholders, which
number may be increased to no more than
fifteen at the discretion of the board Of di.
rectors. A majority Of the board of direc-
seos Of ali ,oe
Be elected annually by ballot of the stock
holders on the first Wednesday of January
of each year. Each stakeholder shall be en-
vote on each share Of stock owned by hin.
and standing in his name on the books of the
corporation. All elections shall be held under
such rules and regulations as may be deter
mined by the board of directors, but after
notice shall have been given in the manner
and form prescribed in Act No. 67 Of the
General Assembly of the State Of Louisiana
for the year 1914. The directors thus elected
shall continue in Office for one 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
board of directors shall be filled by the re-
naming directors for the unexpired term
The said board of directors shall likewise
elect the additional members in case they
the board as hereabove provided for. Said
board of directors shall, at its first meet
ing after its election elect from among its
number a president, a viee-presdent, sec
rotary and treasurer. II may combine the
two last mentioned Offices into one and may
even elect secretary who need not be a
stakeholder.
Article VINO stakeholder shall ever be
faults or debts Of this corporation, nor shall
any mere informality in its organization havea
the effect of rendering this charter null, or
Of exposing a stockholder TO any liability
beyond the unpaid balance due on the shares
of stock owned by him.
Article VII.-This act Of Incorporation may
be changed. modified or altered. or this cor.
poration may be dissolved in full accordancet
with the terms and provisions of the afore.
said Act No. 267 of 1914. In the event Of
the 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
full power and authority 10 settle the bust.
ness and affairs Of the company. In easey
of the death or inability of any Of said COM
missioners, the remaining liquidators or CON-
missoners shall appoint a successor or sue
cessors 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-