The herald., 1917-10-18
s IS Cash and
SIS Per Month
CHARTERS.

OF FRANK J. MANGHAM, INC
United States Of America, State of Loui,.-
ana, Parish Of Orleans, City OF New Or.
leans.
BE it known, that on this 2nd day Of the
month of October. IN the year of our Lord.
one thousand, nine hundred and seventeen.
and Of the Independence Of the United States
OF America the one hundred and fprty-Sec-
Ond, before me, Wear +. Milling a notary
public, duly commissioned and Gualificl
within and for the Parish Of Orleans, State
OF Louisiana, and in the presence OF the VIII
neSseS hereinafter named and undersigned.
personally came and appeared the several
persons whose names are hereunto sub
SCrlbed, who Severally declared that. avail
ing themselves Of the benefits and provisions
OF the Constitution OF the State OF LouISi-
ana and OF the laws Of said State relative to
the organization Of corporations. and partic-
ularly OF the provisions OF Act No. POI Of
the General Assembly OF the State OF Lou
isiana for the year 1914, they have united 70
form and do, by these presents form and
organize themselves, as well all such
other persons who may hereafter join or
become associated with them or their sue
cessoTs, into stock corporation for the OBJ
jects and purposes and under the covenants
stlpulatlons and agreements, following, to-
wit:
Article 1.-The name and title OF this cor
Poration shall be: Frank J. Mangham, Inc"
and under and by said name, unless sooner
dissolved in accordance with law and this
shall have and enjoy corporate existence and
succession for a period OF nInety-nine (99l
years from and after the date OF this act
1t may have, hold, receive, borrow, loan,
exchange, acquire by grant, gift or purchase
devise or bequest. sell, ALLEVIATE, dispose Of
convey, lease, pledge, pawn, hypothecate
encumber or mortgage property of any kind,
whether real, personal or mixed, corporeal
or incsrpoeal movable or immovabe, all
subject to such limitations as may be pre-
scribed by law. 1t may make, issue and
endorse bonds or notes and other evidences
OF debt. 1t may accept mortgages, pledges
or other forms of security for money loaned
or other debts. 1t may contract, sue and be
sued. plead or be impleaded by its corporate
name in any court of competent urisdiction.
1t may make, adopt and a common seal
and alter the same at pleasure. II may hold
stock IN other corporations, and its capital
stock may be issued for capital stock in
other corporations. 1t may name, appoint
and employ such managers, directors. officers
agents and other employees as its said bust
ness and convenience may require, and may
INK their compensation, having due regard 10
the nature, character and value of their
services. 1t may make and establish bv-
laws, rules and regulations not inconsistent
with this charter or any existing law, fixing
or altering the management of its property,
the regulation and government of its affairs,
and the manner of the certihcation and reg
lstration of its stock. 1t may wind up and
dissolve itself, or be wound up and dissolved !
in the manner prescribed by law. 1t may
conduct business in this State. other States. |
the Federal Districts, the Territories and
possessions of the United States, and anv |
foreign country 1t shall have the power |
10 invest its board OF directors with all of |
ITS corporate powers, subject to such restric- |
tons as may be named in this charter And |
1t generally shall possess all the powers |
rights, privileges and immunties which cor. |
porations are and may hereafter be author. |
ized to possess under the Constitution and |
laws OF this State, and particular under Act |
nf he A. &. IL
OF the State of Louisiana for the year 1914 |
Article 1.-THE domcie of this corpora |
ton shall be at the City Of New Orleans |
Parish OF Orleans, State of Louisiana
Article lll.-The objects and purposes for |
which this corporation is formed and the !
nature OF the business to he carried on by il. |
are hereby declared to be-
To do general stock brokerage and CON- |
mission business; to buy and sell stocks |
bonds, mortgages, debentures, trust receipts, |
commercial paper, consols. and government
securities, either for itself or as agent of |
any person, hrm or corporation. but not 10
engage IN the banking or stock johbing bus |
mess; to act as the fiscal agent of any per |
son, hrm or corporation; to buy sell let |
lease, hire, own demise or generally deal |
ana trade IN real estate, whether improved |
or unimproved; to borrow money and grant !
mortgages, bond mortgages or notes therefor. |
TO lend money and to receive therefor mort. |
cages, bonds any other evidence of in |
uenteuheSS: TO carry on any other business |
carry on which may seem to the corporation |
to be calculated, directly or Indirectly. IN |
efectuate the aforesaid objects or either
OF them or 10 facilitate il in the transac-
non OF ITS aforesaid business or businesses
or any part thereof. or in the transaction oF
any other lawful business that NAV be cal.
culated, directly indirectly. to enhance
IN! me value OF or TO render profitable any of
the companys properties and rights and
generally to hold and exercise all such Incl
dental powers and privileges as relate 70 the
OBJECTS and purposes herenabove set fo-tb
6, as may De necessary. useful or convenient
lot Erecting said objects and pu-noses
Article lV.-The authorized canitaI stoct
OF ms CORPORATION is hereby declared n he
IN, me sum OF ten thousand CslOOOoOM dollars.
which capital stock NAV be increased =, -
zganner provided Nv law n the 800, -
NSrsand (S5OnmOO dollars. The nreser.,,
norized capital stock Of this corporation
all be represented by one hundred Go0,
mares OF the par vara Of one burd-eI -
lars tSlOOW each. The said canitaI 80
snail he represented by certifc7-rs ARD sLoII
De personal property. l. shall he naid TO- J.;
cash at such times and in such amounts and
after such notices to the subSr-iLe-s a. - !
ne hNed by the board Of directors and sLarI
De fuliv paid and non-assesSable when is
SSued; no transfer Of said capital stock shall
pc binding upon this corporation unless made
IN accordance with its charter and hyI,,.s
and recorded on the books thereof. laws
Article V.-The business Of This co-,,-,.;,.,
snall De managed by and all of the corno.
rate powers thereof shall be vested in and
exercised bv board of three directors 10 be
elected from among its stockhoIders ,,d
majority of the directors, either present IN
person or represented by proxy. shall con.
stitute a quorum. The said board of dire.
tors snail have the right TO nominate and
appoint such agents. managers or sinh. aoents
as IN their judgment they deem necessary
IN the management of the corporation or the
conduct and carrying on of its business
d, Article Nl;-The first board of directors Of
ms corporation shall he composed Of: FranL
. ManSham, whose post-ofice address is 21I7
zen TAYLOR street, New Orleans. La: lean /,
, Noorh'es, whose post-ofice address is 814
,,er,in street, New Orleans La, and Iouis
!. lombard whose post-ofice address is 4173 ,
amer street, New Orleans. La. with Frank !
ManSham as president and treasurer, {
.ouls r., Leonhard vice president and r
ran >. VOORHEES, as secretary Said hoard :
directors shall serve until the first meet. o
70 Oh stockholders for the election of direc. il