The herald., 1917-05-24

ire; 10 own, hold. receive, purchase, use.
convey. sell. lease, mortgage and pledge,
under its corporate name, property, both real
and personals; 10 consolidate or merge with
another t,~r1-alipu. and 10 hold or own stock
therein: 70 borrow money and TO issue notes
and bonds secured by mortgage Or otherwise;
% name and appoint such agents, managers,
directors, officer, and employees as the m
.r-r-t and convenience Of the corporation
may require, and to discharge the same Al
pleasure: to make and establish such by
laws. rules and regu. ationN Tor the proper
MANAGEMENT and conduct 81 The affairs OF
the corporation may be necessary and
proper and the same 70 change or ahroEate
at viii: and generally 10 do and perform
such acts. matters and things a, may be
incidental T., The business Of TIE corporation
,- requisite and necessary q carry ont the
object, and purposes OF the same as shall he
more fully hcre'nai;cr expressed
ZION shall he AZ the try Of New or.canS.
Parish Of Orleans, State OF Louisiana, where
all citations and other legal process shall be
served upon the president. or, IN his absence.
upon the vlge-prcsldcut or, III The absence
II both. upon the secretary or treasurer, or
l> otherwise provided by 'Aw.
A-t..'r III. lue Directs ana purposes iHa'
,h, corporation i, organized, ), Tor the pur-
pose Of producing, buying. selling dealing
and operating IN building and paving mate
rials Iu Louisiana and elsewhere. and 10
lease, own and operate beds, deposits, and
H=i- containing same. and O. enter INTO
.NNi@ '..t l't INK
and % make and tn any and al. t1lnES nee
cS-a~y or, proper IN connection with the
pr!ucipa. object Aforesaid, % do contract
tuS. constructing and engineering business.
and especially - bad upon. accept and exc
cute contracts for works Of all kinds; and
I'D >urIe' .- ,un-cpu'ralc toI such works. aud
- secure the performance Of any and all
contracts undertaken by bond or otherwise;
20 enter into all contracts individually or
IN connection with Others. IL fact 10 do and
perform all ac,, necessary or incidental TO
carrying on the general work Of a contract
ing, construction and engineering business
or any other business which may be ger
name. TO or connected with the purpose above
stated
SAID corporation shall, have the power to
deal IN bonds, certificates Of indebtedness,
pr.rnr--1~y notes and securities OF all kinds.
Ia shall also have the power and authority
% ruy and sell property o., all kinds, real.
personal and mixed. and the same to hold at
u, convenience; and 10 4, all necessary
Things in connection with the said contract
ing. construction and engineering business
SAID corporation shall have power and ar-
th1ri,y 10 manufacture good, and wares OF
all kinds and to sell or otherwise dispose
Ar,ciie IV.-Thc capital stock OF this c,-.
po-atipn shall be- and Is hereby rxcd at tie
sum OF twenty-five thousand dollars. SIS
omD. divided into TWO huudred and nifty
t-5W shares Of the par value Of one hundred
lnl'ar, ,Siur"l each. The capital stock Of
this corporation shall at no time be in
creased 10 sum exceeding one hundred
thousand dollars Glnmocm.
The full amount of each share OF stock
shall be paid for IN cash or IT'S equivalent
IN property or labor a. the time same j.
issued, and no stock shall be issued until
fully paid for. This corporation shall be
considered as organized and a going con-
Germ when fifteen thousand dollars tSl5.O0lpO
OF its capital stock shall have been sub.
scrihed and paid for as provided for by law
All stock shall be fully paid and ron.asSe,-
able. No share Of stock shall be transferred
except on the books Of the corporation or
until the certificate evideuCing the share u
shares Of stock to be transferred has been
delivered to he corporation and duly can
ceicd
Article v.--All the corporate powers OF this
shall be vested in and exercised
by a board of directors to be composed Of
three O. stockholders, two (2D Of whom shall
constitute a quorum for the transaction IF
all business Of the board The board Of d.
reCtorS named herein shall serve until the
second l2nd) Wednesday IN February, 1918,
Al which time new board shall he elected
ard a board Of directors shall be elected an
uual,y thereafter on the second Wednesday
IN February Of each succeeding year.
The failure to elect directors al any time
however. shall not forfeit this charter, but
those IN office shall hold over until their
successors are elected and qualified
All elections shall be by ballot, and each
stakeholder shall be entitled 10 one vote for
each share Of stock standing in his name on
the books OF the Corporation-which vote shall
be cast IN person or proxy, or as the law pro-
y'de,; and il shall require a majority OF
the stock present or represented at such
eIect'on 70 elect.
&c. rom t9eiT number the ohcers OF SAID
~ 80" sHd'! pe MEMBER OF