The herald. [volume] (New Orleans, La.) 1905-1953, 1917-10-11
S IS Cash and
SIS Per M ontn
MAIN
Z6ST
CHARTERS.

OF FRANK J. MANGHAM, INC.
United State, OF America. State Of LouiSi-
ana, Parish OF Orleans, City OF New Or
leans.
he 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
nf America the hundred and forty-scc-
ond before me, Wear +. Milling. notary
public duly commissioned and qulllned
within and for the Parish Of Orleans, State
Of Louisiana, ard in the presence Of the wit
ncsses hereinafter named and undersigned,
personally came and appeared the several
persons whose names hereuntO sub
scrihed who sevrraly declared that. avail
Ing themselves OF the benefits and provisions
of the Constitution Of the State Of Lou!sI-
ana and OF the laws Of said State relative to
the organization of corporations, and partIc-
ulariy Of the provisions of Act No. 267 OF
RE General Assembly OF the State Of Lou
iSiana for the year 1914, they have united u
form and d., by these presents form and
organize themselves, a. well a all such
other persons who may hereafter join or
become associated with them or their sue
CessorS, into . stock corporation fo- the OBJ
jects and purposes and under the covenants,
stipuations and agreements, following, to-
Article 1.-The name and title of this cor
roration shall be: Prank ]. Mangham. Inc"
and under and by said name, unless sooner
dissolved in accordance with law and this
charter, II shall exist and continue, and
shall have and enjoy corporate existence and
succession for period OF ninety nine go
years from and after the date OF this act.
II may have. hold, receive, borrow, loan,
exchange, acquire by grant, gift or purchase.
devise or bequest, SELL ALLEVIATE, dispose Of,
convey, lease, pledge, pawn. hypothcclte.
cncumbcr or mortgage property OF any KIND
whether real, personal or mixed, corporeal
or inc rpoeal, movable or immovabe, all
subject TO such limitations may be pre-
scribed by law. 1t may make. issue and
gf,a~ lnv
of debt. 1t may accept mortgages, pledges
or other forms OF security for money loaned
or other debts. Il may contract, sue and be
sued, plead or he impleaded by its corporate
name in any court .of competent jurisdiction.
II may make, adopt and use 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
and EMPLOY such managers, directors officers,
agents and other employees its said bust
ness and convenience may require, and may
fix their compensation, having due regard 10
the nature. character and value of their
services. II may make and establish by
laws, rules and regulations not inconsistent
with this charter any existing law, fixing
or altering the management OF its property,
the regulation and government OF its affairs,
and the manner of the certihcaton and reg
istrat:On 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 any
foreign country. II shall have the power
60 invest its board of directors with all OF
its corporate powers. subject to such rest-c-
tions as may be named in this charter And
!: 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 Act
No Isl of the Acts of the General Assembly
~ H.. - Co. til
Article 1.-THE domicile of this corpora
ton shall be at the City of New Orleans
Parish of Orleans, State of Louisiana.
Article III.-The objects and purposes for
which this corporation is formed and the
nature Of the business to be carried on by il
hereby declared 20 ne:
To do a general stock brokerage and com
mission business: to buy and sell stocks
bonds, mortgages, dehentures. trust receipts
commercial paper, conSols. and government
securities either for itself or as agent o'
any person, firm or corporation. but not :,
engage in the banking or Stock-ohbing bus
mess; 10 act the fiscal agent of anv per
son. firm corporation; to buy. sell. let
lease, hire, or demise or generally dca
and trade in real estate, whether improved
or unin1proved: to borrow money and gran
MORTGAGES. bond mortgages or notes therefor
TO lend money and 20 receive therefor mort
gapeS, bonds any other evidence of in
debtedneSs; 10 carry on any other business
which, under the law, il may ne entitled e
carry on which seem to the corporation
TO he calculated, directly or indirectly. &
etectuate the afore.aid objects or either
OF them. or to facilitate il in the transac
tion of its aforesaid business or businesses
or any part thereof, or in the transaction Of
anv o'hcr lawful business that may be cal
culated, directly or indirectly. - enhance
the value Of or - render profitable any Of
the cNmplny'S properties and rights and
r"p--''v to hold and exercise ali such Incl
dental powers and privileges as relate 70 IN,
objects and purposes hereinahoye Sc, for,l
II
Tor eNecti1r said objects ard ourooses
Article lN-The authorized canital stocl
OF this corrorator is hereby declared :, n,
the sum Of ten thousand (SinONOoO) d,II,-s
which canital stock NAV I've increased - ~,
manner nrOv'ded NV law to the sun, NJ ff,,
Thousand tSS0n0 O0) dollars The n-esen.l,
orized capital stock of this co-nor7,io,
shall he represented nv one bundled yIno
shares "f the par valve of one hurdrAd dol
Lars S'oonm each The said CanitaI s.,-'
shall he renreSented nv certificates. ard sha,
I've pe-Soral pronertv. T. shall be paid for j
cash az such times and in such amounts an
after such notices n the Subscribers as ma
ne hved hv the board Of directors, and sha
he fully paid and mona Sess-hIe when !,
sued NJ transfer Of said canital stock SRA
he binding upon this corporation unless mad
IN accordance with its charter ard bylaw
ard -"rord~f - the hooks the-eof
h-'icIe N-The business Of this cnrnoratio
shall he marared Nv ard all of the corp
rate MOWERS thereof shall he vested in an
exercised nv a board of three directors 10 I
elected from among its stockholders and
majority Of the direc'0-s either present
person or represen'ed by nroxv. shall CO..
stitute a Quorum. The said board Of dire
TOYS sNa'l have the RIGHT TO nominate an
acpo'rt such AGENTS. MANAGERS or sub aver
as - their JUDGMENT they deem necessar
in tNr MANAGEMENT of the cornnratior or III
cordrct a-d carving on of its business
Article NT-The FIRST board of d-ecto-s ,
this cornnration shall he comDosed of: From
y M7-0haTn, whose DoSt-off~e address is "a
, Ger TavIar sweet New Orleans La: l.,
. s Noori''es. whose post-ofice address is az
P--'in sweet. New Orleans L.. and Low;
J, Ieorh7-d whsse ros'-ofice add-ess iS ~
Pai-.er street. New Orleans. La. with F-an
!. Nargham president and treasure,
Inu's Leorhard as vice-pre sidA-t an
lea- Voo-h'~s secretarv. Sid boar
of directors shall serve until the first NEE,
ing OF stakeholder. for the election of direc