The herald., 1917-10-25
SIS Cash and
SIS Per Month
CHARTERS.
, 7. NANGHAM, INC

OF FRANK J. MANGHAM, INC.
United States OF America, State OF LouiSl-
ana, Parish OF Orleans, City OF Ne" Wy
leans.
Be it known, that on this End day OF me
month of October, IN the year OF our LoTu'
one thousand nine hundred and seventeen
and of the Independence OF the United states
of America the hundred and forty-seC-
ond before me, Wear +. Milling, notary
public. duly commissioned and qualihed
within and for the Parish OF Orleans, State
of Louisiana, and in the presence OF the Wit
nesses hereinafter named and undersigned,
personally came and appeared the several
persons whose names are hereunto SUP
scrbed, who severally declared that avail
ing themselves OF the dement's ana PROVISIONS
of the Constitution OF the State OF LouiSl'
ana and of the laws OF said State relative 10
the organization of corporations, and partlc.
ularly of the provisions OF Act No. %oL 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 ana
organize themselves, As well as al suoh
other persons who may hereafter JON or
become associated with them or their sue
cessors into stock corporation for the OBJ |
iects and purposes and under the covenants
stipulations and agreements, following TO- !
Article 1.-The name and title of this cor |
yoration shall be: Frank J. Mangham, Inc
and under and by said name, unless sooner
dissolved in accordance with law ana inns
charter il shall exist and continue, ana
shall have and enjoy corporate existence and
succession for a period of ninety-nlne ~
years from and after the date OF TINS act
Il may have, hold, receive, borrow iodl'
exchange, acquire by grant, gilt or pufchase'
devise or bequest, sell, ALLEVIATE, dispose o.
convey, lease, pledge, pawn, hyPothecatS'
cucumber or mortgage property OF any kihd
whether real personal or mixed, corporeai
or inc.rpoeai, movable immova6le all
subject to such limitations as may De pre-,
scribed by law. 1t may make, issue ana
endorse bonds notes and other eNiGeICeS
mn
or other forms of security for money loaheu
or other debts. 1t may contract, sue and DC
sued. plead or be impleaded by its corporate
name in any court OF competent lurisdlCuoh;
II NAV make adopt and a common seal
and alter the same at pleasure. 1t may nolG
stock in other corporations, ana us CSPi'aI
stock may be issued tor capltal STOCK III
other corporations. 1t may name appoint
and employ such managers, directors, omcers'
agents and other employees as ITS SAID buSi-
ness and convenience may require ana may
fix their compensation, having due regard 10
the nature. character and value OF 'Ien
services II may make ana estaOllSn ny
laws, rules and regulations not Inconsistent .nN
with this charter or any exlstlng law, nNlms
or altering the management OF ITS property
the regulation and government OF IT'S aHairs'
and the manner of the certihcation ana reg
istration of its stock. 1t may wind up ana
dissolve itself, be wound up and olsSolVeu
in the manner prescribed by law. 1t may
conduct business in this State, other States;
the Federal Districts, the Territories ana
foreign country 1t shall have the power
20 invest its board of directors with all OF
its corporate powers, subject 10 such festtle,
tions as may be named in this charter ana
II generally shall possess all the powers,
rights. privileges and immunities which cor
porations are and may hereafter be author,
lied to possess under the Constitution and
laws of this State and particular under Ac'
No. PSI Of the Acts of the General Assembly
of the State Of Louisiana for the year l9l4.
Article 1.-THE domicile of this corpora
ton shall be at the City OF New orleans
Article III.-The objects and purposes 10
which this corporation is formed and m
nature of the business TO be carried on by II
are hereby declared TO be:
To do a general stock brokerage and com
mission business; to buy and sell stocks
bonds, mortgages, debentures trust receipt,
commercial paper consols;; ana eover ven. J
any person. firm corporation, but not
engage in the banking or stock-Johbing ou'
mess; to act as the fiscal agent OF any pc
son. firm or corporation; to buy. SELL lie
lease hire own or demise generally de;
and trade in real estate, whether improve
or unimproved; to borrow money and graz
mortgages, bond mortgages notes therefor
to lend money and TO receive therefor NOR
cages. bonds any other evidence OF II
debtedness; to carry on any other bushes
which, under the law. it may be entitled
carry on which may seem 10 the corporatlc
to be calculated, directly indirectly,
eFectuate the aforesaid objects. or eith
Of them, or to facilitate II in the transa
ton Of its aforesaid business or businesse
or any part thereof or in the transaction
any other lawful business that may be ca
h culated. directly or indirectly. TO enhant
the value OF or to render profitable any
the company's properties and rights ar
generally TO hold and exercise all such inc
dental powers and privileges relate to Il
objects and purposes hereinahove set for
as NAV he necessary useful convenie
for efectng said objects and purposes.
Article IV.-The authorized capital stot
of this corporation is herehv declared 20
the sum of ten thousand tsl0O0OO dollar
which capital stock may he increased in q
manner provided by law to the sum Of ff
thousand (s50,00000 dollars. The present
authorized capital stock OF this corporate
shall be represented by one hundred az
shares Of the par value Of one hundred d
lars $4,000 each. The said capital sto
shall be represented by certificates, ard sh
he personal property. II shall he paid for
cash at such times and in such amounts a
after such notices to the subscribers m
be fixed by the board of directors, and ST.
be fully paid and non .assessable when
sued No transfer of said capital stock sh
be binding upon this corporation unless m;
in accordance with its charter and by-la
and recorded the books thereof.
Article V-The business of this corporal
shall be managed by and all OF the cor
rate powers thereof shall be vested in
exercised BY board of three directors to
elected from among its stockholders, and
majority of the directors, either present
person or represented by proxy, shall c
stitute quorum The said board of dir
tors shall have the right TO nominate
appoint such agents, managers or sub-age
as in their judgment they deem necess
in the management of the corporation or
conduct and carrying on of its business.
Article VI.-The first board of directors
this corporation shall be composed of: Fri
J. Mangham whose post-ofice address is
Gen. Tavlor street, New Orleans, La: j
s VOORHEES,. whose post-ofice address is
Rerlin street. New Orleans La, and 10
F. Leonhard whose rost-office address is
Painter street, New Orleans, La with Fra
J. Mangham as president and treasur
Louis F. Leonhard as-vice president a
lean s. VOORHEES, as secretary. Said DO;
of directors shall serve until the first me
ing Of stockholders for the election of dir