The herald., 1917-08-09
CHARTER
DIN O. CUISOLM co, INC.

United States OF America, State OF Louisi-
ana, Parish OF Orleans, City OF New Or
leans.
Re il known, that on this tenth day of
the mouth of June, in the year one thousand
nine hundred and seventeen, A. d., before
me, Lawrence NJ. Janin, notary public,
duIy commissioned and qualified IN and tor
rhe above Parish and State therein residing,
and in the presence of the witnesses here
matter named and undersigned, personally
ca1e and appeared:
Tie persons hereinafter subscribed, all OF
the full age of majority, who declared that
availing themselves of the laws Of this State
relative to the organization OF corporations
in such cases made and provided they coh-
sttute themselves, their successors and as
Signs. a corporation under the StiPuiations
hereinafter - forth, which they hereby
adopt as their Charter, to-wIt:
Article 1.-The name OF this corporation
shall be John o. Chisolm Co, Inc, rs
period of duration shall be ninety-nine (9'i
wears from this date; and II shall have Tor
the purposes Of the business 10 be carried on
by it all the powers conferred by law upon
corporations, and shall generally exercise all
the powers necessary to carry on SAID buSi'
ness
II shall have full power and authority %
contract sue and be sued under its corporate
name; and to make and use corporate seal,
and the same TO break or alter at pleasure;
TO hold. receive, purchase, rent, convey mort
real, personal mixed; to issue bonds, notes
and other obligations; to have and employ
such managers, directors, officers, agents ara
employees the interest and convenience
of the corporation may require and to make
and establish such bylaws, rules and regu.
lations for the management and control OF
the business and affairs OF the corporation
as may be deemed necessary or expedient.
Article 1.-THE domicile Of this corpora
ton shall be in the City Of New Orleans,
louisiana; and all citation and other legal
process shall be served on the president ana
in his absence or disability upon the secre-
tary-treasurer
Article III-The objects and purposes for
which this corporation is organized, and rive
nature of the business to be carried on by It
are hereby declared TO be: To carry on and
conduct a general contracting, construction
and building business IN all OF ITS various
branches; to do and perform all work neces-
sary and incidental TO the building and con-
struction of roads, the laying OF pipe lines
and the building and construction OF drain
age and sewerage work; and in connection
Herewith to purchase, rent, lease or other
wise acquire and to own and operate all
kinds of property, machinery and equipment;
and to do and perform all things necessary
or connected with the carrying on OF said
business; and generally to do any and all
things incidental 10, or appertaiHng 10 the
aforesaid objects and purposes.
Article IV.-The amount of the capital
stock OF this corporation is hereby declared
10 be fifty thousand dollars C50,O0OO), which
the par value of one hundred dollars $4,000
per share; fifty per cent of which amount
shall be subscribed before the filing of these
Articles of Incorporation Fifty per cent Of
all stock subscribed for shall be paid in be
fore the corporation engages in business, and
the remainder within twelve months there,
after. at such times as shall be designated
by the board of directors.
The amount to which the capital stock may
be increased is FIVE hundred thousand dollars
(S500O00O0).
No stock shall be sold. mortgaged, pledged
or disposed of. otherwise alienated or en-
numbered. without FIRST being offered TO the
remaining stockholders through the board OF
h directors for thirty days at the book value;
and all stock issued shall be held subject
20 the terms of this provision.
" Article N.-The powers of this corporation
shall be vested in, and the business and
affairs OF the corporation managed by a board
OF four tD directors, a majority OF whom
shall constitute a quorum, who shall be
elected annually at meeting of the stock
holders on the first Monday Of June of each
year, thereafter as practicable.
The first annual meeting shall be held on the
first Monday of june 1918, until which time
the officers and directors named in this char
ter shall act, or until their successors are
elected and qualified
The names and post-ofice addresses of the
board of directors to serve for the first year,
or until their successors are elected and
John o. Chisolm. 37IS Palmyra St, New
Orleans, La! Joseph A. Craven, l24 S. Lopez
ST., New Orleans, La; Louis \. Lang. 792t
Spruce ST., New Orleans. La; Samuel Moore,
4i16 Banks ST., New Orleans, Ia.
With the said John O. Chisolm as presi-
dent; and said Joseph A. Craven. as vice.
president; and the said Louis y. Lang as
secretary-treasurer.
The officers of this corporation shall con
sist of president, vice-president and a sec
rotary treasurer, and such other officers a;
the board of directors may from time TO time
designate.
The Office of secretary treasurer may at any
time be divided by the stockholders or I'll,
board; and the secretary, in such event, neeC
not be a member of the board Of directors.
All elections by the stockholders shall bt
by ballot az the office of the company, undo
the supervision of two commissioners 10 b,
appointed by the board of directors.
Notice of such meetings shall be given bl
the secretary-treasurer in writing, delivered
to each stockholder in person mailed L
his last known address at least fifteen day
prior to such election; but said notice ma!
be waived by all the stockholders. AT al
such elections and at all meetings OF th'
stockholders, every stockholder shall be en-
titled TO one vote for each share of stool
standing in his name at the date OF sucl
election; said votes TO be cast IN person o
by written proxy, and a majority of thu
votes cast shall elect.
The failure to elect directors at the annua
meeting shall not dissolve or affect the cor
poration, nor impair its management in am
respect, and the directors in office shall re
main in Office until after their successors ar,
elected and qualified.
Each subsequent board of directors shall
elect as soon as possible after their owr
election president, vice-president and
secretary treasurer, and such other officers
as they shall determine, and may grant te
each officer such powers and require of him
such duties as they shall deem necessary
All in fhe hnard ebafl h. 6fled