The herald., 1917-09-06
CHAR TER
OF SCIIILLINGER BUILDING Co. INC

OF SClllLLINGER BUILDING CO.. INC
United States OF America. State Of Lou;si.
ana, City OF New Orleans.
Be 1t known, that on this 18th dav OF the
month 81 August, IN the year nineteen hun.
iEed and seventeen, before me, Lawrence NJ
laH'n, notary public, duly commits sIoucJ
and sworn, IN and Tor the parish Of Orleans
lily u New Orleans, therein residing per.
Hondlly appeared the persons whose names
are hcreuuio subscribed, who declared tina,
3VdiIIng themselves OF the provision, OF the
avs OF tins state relative 10 the organiza.
non OF corporations, and more particularly
Act -oI Ut the General Assembly Of hi.
STATE aF1Ted July y, 1914. they have GOV.
r"an'cd and agccd and do by these pres.
e''N covenant and agree, bind, form and
constitute themselves as well As such pe-.
sons who may hereafter joIu with. or DE.
come associated with them into 4 CORPORA.
non and body polite IN law. for the Oh.
Jeeta ana purposes and under the agreements
ana stipulation, following, to-wit:
Article The name and STYLE Of thi,
'orporatlon shall be: "Schllinger Building
company, Inc" and under that name j.
snail have and enjoy all the rights, advan.
ages and privileges granted by law TO cor.
P'FdNpns; 1t SiaIl exist for a period OF
nnety-uluc l3D years from this day and
snail have power to contract, sue and be
sued IN Its corporate name; To make and
use corporate seal, and the same To break
OF AMER at pleasure; to hold, receive pur-
'laSe' convey. mortgage, hypothecate or
P'tuSe property, both real and personal; TO
ISSUE bonds, notes and other obligations or
evidence OF debt or negotiable Instruments .
20 nave ana employ such managers dIrec-
tors, oihCers, agents and other EMPLOYEES as
'he interest and convenience of said corpo.
31iign may require or demand; TO make and
establish such bylaws, rules and rcg,Ila
IONS Tor the corporate management As T.,
may deem necessary and expedient.
NruCIe 1.-The dnuIicile Of said corpora
ton shall be in the CITY Of New Orleans
State Of Louisiana, and all citations and
''her legal process shall be served on the
president: IN his absence on the yicr-n-es;-
dent and IN the absence Of both on the sec
Article IIl.-The objects and purposes for
HAich ms corporation Is formed are hereby
declared 10 be: To engage generally III the
construction ana general contracting bust.
ness and tor the erection Of buildings and
improvements on real estate and 10 do a
general contracting business and carry on
my "'Acr business or enterprise which NAV
De germane or incidental 10 or conner-eJ
WIN the construction and erection OF build
Article IN.-Thc capital stock Of this cor.
,'taiIan j. hNcd at the sum Of I'VE thousand
l'.tfrN, divided into 81 shares of the pa-
4ue Of one hundred dollars $4,000 each
y" SHARES ri stock shall be full paid and
nom aSSe>>a5ie. No transfer Of stock shall
y .ladiaS upon the corporation unless made
.T'I Is BOOKS: and all certificates of stock
! I'' be signed by such officers as NAV be
l. e.. by the board IF directors.
lAi' corporation shall have the right n
Increase rs capital stock M to the further
i'm "a" "I twenty-five thousand dollars. 10 be
-' iSi INTO shares OF one hundred dollars
e',h' provided said increase in the caoi,al
SION snail he authorized by the storLho1d
- a. d meeting - be held pursuant u the
PT.N'N 'o0s of Article V OF mis- ch7-.e-
Article N.-An the corporate powers of
ms cooperation shall be vested in. and the
"dhase.hcnt and control Of It's affairs shall
ne exercised by a board Of directors com,
'"NSd 81 lnree stockholders The directors
'ha! be elected annually by ballot nv the
>'ocFhn!derS on the first Monday Of T7r,a-v
IN caSh year. Each s.ockholder shall he
entitled IN person or by p-gxv n vote TO-
very share owned by him under such rr,Ies
t"d regulations as may be determined hv
ne board o; directors after fifteen G5l d,vs
''uce by mail Of said election shall b9ye
'eeh sent to each stakeholder a. his las
>0rWn address. The directors thuS eIer.aI
hall continue in Office for one wear NIL
Ae,r successors shall have been daily eIectod
'ni Guaihed. No failure To elect shall he
eSardtd 2S forfeiture Of the charter The
''ard o. directors shall name ont Of is r,-,.
~ president. vlce-1TeSident and score
AIRY VINO nay also be treasurer. Ary di-ec.
OF OF offcer shall have the right to appoir,
n writing another director or stacEbrI5a-
act as his proxy and in his stead ar anv
M al! meeetngS Of the board of directors
Article Vino stakeholder shall eye n. |
ED liable or responsible for the contracts |
eots or faults Of the corporation. nor shall
ny mere intormality in dts organization