The herald., 1917-05-10

.rIT- aud INC
urc; 10 own. hold, receive, purchase, use
convey sell, lease, mortgage and p!edse;
under is corporate name, property opIh iCa
and personal; 70 consolidate or merge WIN
,ro,her corporation, and 10 hold or own stock
therein: 10 borrow money and 10 issue notes
and bonds secured by mortgage or OTHERWISE
10 name and appoint such agents, manager :
directors, cA1ccrs and employees as The IN
,r~... mud convenience 81 the corporation
may require, and to discharge The same a.
pleasure: 70 make and establish auch ny
laws. rules ard regulations Tor the proper
management and conduct 81 the AFFAIRS o.;
the corporation As may De necessary ana
prrle~ and the same 20 change or aDrogdic
A; Will; and gcrcr4ty to do and perform
such act. matter, AVID things A. NAV Ar
incidental T. the business 81 the corporation
~ requisite and necessary To carry on; me
objects and purposes OF the same as aaaI. De
f-l6rr fully hereinafter expressed.
Article U.-Thc dJm.ClIc Of tins corpora
ton shall hc a: the City .: New Orleans
Parish o: Orleans. State OF Louisiana, where
Ill CREATIONS and other legal procc>, all be
served upon the president ~ IL his a2~cncc'
upon the c-prrs.dcut. or, ~ the absence
Of both. upon the secretary o. treasurer q
a, otherwise provided by law.
A~,rolr lII.-Ihe objects t"d HnrP'Ne' iaa'
This corporation : organized, Is ''T The par
pose III producing, buying. selling, drai'hS
and operating In building and paving mate
rails al Louisiana and ,'.Se"lr.r, ana 10
lease. oyn and operate beds, deposits. and
larl, containing ,a"r. AID . enter I".o
.,g. ,-..-,.-r.- ..E'fr.,l.u. or undertaking.,
and 70 mI-, ard De- any and al! tAiugs acc
c,,a.y or proper ~ c0nnc-t,ou WIN Inc
principal ohJcc; aforesaid; 70 d. a contrast
ing constructing and engineering business,
and especially - bad upon acScp; lnR exc.
cate contracts for works Of all kiGds; and
% ~v'-.c' o- >lH-,putraC; ssNh works. and
10 secure the perform .ucc OF any and al!
contracts undertake. by bond or otherwise
% enter into =. contracts individually or
ln connection with others. In fact 70 do and
pt-to~'E all acts rcccs ~ary or incidental %
c.rry.ug on the general work OF . contract
luE, construction and engineering business
or any other business which may be ger
name 10 or connected with The purpose above
stated
sad corporation shall have the powe- =
deal N bonds. certificates 81 Indebtedness,
pr.mi--.ly notes and securities Of all kinds.
Ii shall also have the power aad authority
:, ir. and Sci property ii all kinds, real,
personal and mixed, and the same 20 hold IL
rs Convenience; and - do all necessary
things ~ connection With the sad contract
ing. construction and engineering bus, ness
,hoFi:y to manutac:uIe good, and wares OF
all kinds and to sell o. othcrW!~" dispose
Of said manufactured articles.
Ar:cie IN.-The caps'al stock OF tins COZ
p0rat!ou shall De. and /, hereby fixed a. the
sum ot twenty-five thousand dollars. G35,'
O1HOO), divided into two hundred aud ni'y
| f1SDI share, Of the pax value OF one hundred
| dollars $4,000 each. The capital stock OF
creased t. a sum exceeding one hundred
| thousand dollars (Sl0HNOO
The :ull amount OF each share OF stock
| shall BE paid tor II cash or 1tN equivalent
| in property or labor AZ the time same !,
| ISSUED. and no stock shall be issued unit,
! fully paid FOX. Ths corporation shall be
considered aS organized and going con
Germ when fifteen thousand dollars t$lSopOp
! OF lis capital stock shall have been sub
| ,cribcd ard paid for a. provided ior by law
! All stock shall be fully paid and nOn-aSSeS
! able. No share OF stock shall be transferred
cNcep; on the books Of the corporation o.
until the certificate evdcncing The share OF
| shares OF stock TO be transferred has beer
| delivered 70 The corporation and daily can
ccled
! corporation shall I've vested III aud exercised
| by 4 board Of directors 10 be composed OF
| three O. stockholders, two % OF whom shall
constitute quorum Tor ;he Transaction d
second end Wednesday N February. 1918
~ which TINE new board shall re c'"y'rd
AID a board Of directors shall % clc.'--i sa
uual,y thereafter on the second "Wednesday
| ~ February Of each succeeding ytlr.
The failure 70 elect directors a, any tine
however, shall not to-tcl, THIS chsr'e-, but
those ~ Office shall hold over until ;hr!'
successors are elected and qualified
All elections shall be by ballot. ard each
s:ockhoider shall be entitled 20 one vote to'
each share IT stock standing IN hi, name or
,hc books Of the corp0rati0u-WhiCh vote shall
| be cast III person or proxy, or a the law pro'
viies; and It Shall require 4 majority OF
the stock present or. represented 4; such
| election 20 elect.
The board OF directors 50 elected shall Sc.
lcct from their number the officers OF SAID
| the board OF directors OF this company who
| is no. the bona tide owner Of at least one q
! share OF the stock NJ SAID company
Any member OF the board of directors whc
N he
! ing thereof may give his written proxy e
| any other member OF said board OF director,
| TO represent him in all matters az any meet
ing OF said directors, whether special OF
| general.
The board of directors shall have ful
| power and authority to provide for the gen
eral ard special meetings Of the stockhold
by law
All Stockholders meetings for the election
OF boards Of directors shall be preceded by
notice delivered in person or by depositin.
! in the post office, properly addressed 20 eac!
| stockholder, at least fifteen O5) days befor
such meeting. All other stockholders meet
ings shall be preceded by such notice as tn
law requires.
Article vI-The officers Of this corpora
ton shall consis: Of president, a vice
president, secretary and treasurer. The offic
OF secretary and treasurer may be held b.
one and the same person. Until the election
! to be held on the second WcdncS day in Feb
| ruary, 1918, the following named persons shall
constitute the first board of directors to-wit
{. b. We;zel OF Monroe. Louisiana; +. {
Damn OF $50 Gravier St. New Orleans, La
and 6. w Prutsinan Of Baton Rouge, La
with {. b. Wetzcl president, +. {. Dun
as vicc-president, end G. W. Pruisman a
secretary treasurer.
Any vacancy occurring in the board q
directors or Offices Of said company shall
nllcd by the remaining board OF directors
Article Nll.-Ihe names and post offc
addresses OF the subscribers 10 these article
OF Incorporation, and the number OF share
Nctzel, OF Monroe, La, 10 shares; F. {
Dunn $50 Gravier St, New Orleans. La,
shares; G. W. Prutsman, Baton Rouge. La
80 shares.
Article NIII.-One of the purposes OF II
| organization OF this corporation being
acquire by purchase from F. C. Dunn, all c
his contract, leases which he has for era
hereto annex herewith and make a part c
this charter a detailed list of the contract
and leases which il proposes TO transfer I
said corporation in payment Of eight thou
sand dollars CsS,O000O) OF the stock hereir
five thousand dollars (S5,OOOO) of which ha
been subscribed by F. {. Dunn. and thre
thousand dollars (S5MOD) of which is in
c!uded in the subscription Of G. W. Pruts
mar, together with the appraisal value q
| said property as made by the board of direc
tors herein above named, which said de
scriPtlon and aPpraisement has been signe
by the board OF directors and paraphed IN
Narietur by NE, notary, for identihcatio
with this charter. +. {. Dunn consents
the transfer OF said leases or contacts OF sal
property in payment Of the stock subscribe
bv him and by G. W. Prutsman as above S,
out.
| Article lN.-ThiS charter may be amended
| modhed or altered or the corporation di!