The herald. [volume] (New Orleans, La.) 1905-1953, 1917-04-12
CHAR
Z II INK Tx
|. SMELLING X REFINING

OF NATIONAL SMELLING X REFINING
WORKS, INC.
State Of Louisiana, Parish OF Orleans, City
Of New Orleans.
Be il known, that on this 9th day of April
1917 before ne, Herbert ". Kaiser. a notary
public duly commissioned and qualified. in
and for the Parish and State aforesaid,
personally came and appeared in the pres.
enCe OF the witnesses hereinafter named and
undersigned the persons whose names are
hereuuto subscribed who declared that,
avalling themselves Of the provisions OF the
laws OF the State OF Louisiana, and more
particularly OF Act No. Dol OF the General
Assembly Of the State of Louisiana for the
year 1914, they have Covenanted and agreed,
and do. by these presents, covenant, agree,
bind, form and constitute themselves, as
well as such persons who may hereafter JOIN
and become associated with them, into a
corporation and body polite in law, for the
objects and purposes and under the agree
ments and stipulatons following, to-wit;
Article The name and style of this
corporation shall be National Smelling x
Refining Works, Inc and under that name
II shall have and enjoy all the rights, ad-
vantages and privileges granted by law to
corporations 1t shall exist for a period OF
nIuety-ulne years from date hereof unless
sooner disSOlted; IL shall have power and
authority to sue and be sued in its corporate
| name; to make and use a corporate seal and
to break and alter the same at pleasure; TO
hold, receive, convey, mortgage and hypOth-
ecate real, personal and mixed property; to
issue bonds, notes and other obligations
to have and employ such manager, officers
and agents as the interest and convenience
OF said corporation may require; and to make
and establish such laws, rules and regula-
| tions for the corpobate management and
| control OF the business and affairs Of the
corporation as may be deemed necessary and
eXpedent.
Article 1.-THE domicile Of this corpora
ton shall be in the city OF New Orleans,
State of Louisiana, but 1t may carry on its
business IN any part Of the world that its
directors may see fit. All citation and other
| legal process shall be served on the presi-
dent and IN his absence upon the secretary
treasurer.
Article III.-The objects and purposes for
which this corporation Is organized and the
| nature Of the business to be carried on by
il are hereby declared to be: to engage in
| the general smelling and refining business
| to buy and sell, at wholesale and retail.
and 10 manufacture metal products; and
generally TO do and engage in any other
business, undertaking or enterprise connected
with or growing aut of and incidental to the
! objects set forth or contemplated in this
| charter.
Article IV.-The capital stock Of this cor
! poraton i hereby fixed at the sum Of fifty
| thousand dollars, which capital stock may
| be increased to two hundred and fifty thou-
sand dollars. said capital stock shall be
! divided into hve hundred shares of the par
| value Of one hundred dollars each. OF said
scribe for and pay for in cash $1,000 Sylvin
! Lehman shall subscribe for and pay for in
| cash the sum Of $4,000; and Philip Lipsitz
shall subscribe for and pay for Sl3,SOOOO as
! follows: the said Lpsitz does hereby trans
| fer, assign, convey, set over and deliver unto
| the corporation, all his right title, interest
and equities in and to the following: the
| equipment, merchandise and open accounts of
| the National Smelling & Refining Works, in
New Orleans, Of which the said Lipsitz is
| owner, as shown by annexed detailed &C
counts, made part hereof, Of total value
Of Sl5,SO2.3; which said equipment, mer-
/ chandIse and open accounts are appraised
/ and valued by the board of directors here.
| matter named we'll worth the sum 81
| Sl5,S02I, but which is transferred 10 the
corporation by said Philip Lipsitz in full
| payment OF the lSs shares of the capital
| stock of this corporation subscribed for BY
him; said equipment, merchandise and open
| accounts being now located at Nos. 3l03-5lO;
Carrollton Avenue, New Orleans.
All shares OF capital stock shall be non-
assessable, and no transfer of stock shall
be binding upon the corporation unless made