The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-08

| fifteen days previous notice thereof given.
! Article Mo stakeholder shall ever b.
held liable or responsible for the contract
Of said corporation for any further sum thai
the unpaid balance due upon the shares o
stock subscribed for. or owned by him, no
shall any InfOrmality in organization haV'
he effect Of rendering this charter null o
IF exposing a stockhOlder to any liability
beyond the amount Of subscription TO thu
stock.
The subscribers hereto have given oppo
i site their respective names. the amount O.
! stock in this corporation subscribed for by
each of them so that this act of incorpo
| ration may also serve as the original sub
scription list Of said corporation.
| Thus done and passed, this 5th day o
I3nqary ~ in The presence Of E; HowaTC
nesses, Of lawful age, and both Of this city
, who hereunto sign their names with the salC
/ appearcrS and me, notary, on the day and
! date aforesaid.
Original signed: Names of subscriber.
omitted.
Witnesses: +. Howard McCaleb, Gerald
ARTHUR B. LEOPOLD. Notary Public
! !, the undersigned recorder OF mortgages
/ i'm ard for the parish Of Orleans, State OF
! and foregoing act Of Incorporation OF the
! Shell Beach Land & improvement; Company
/ Inc. was this day duly recorded in my OF
! nee IN book 1901, folio 7}S.
/
lSigned) EMILE Q. LEONARD, Dpy.
ARTHUR b. LEOPOLD, Notary Public.
| jan IS p feb ! Is p
CHARTER
! OF DoULLCT AND WILLIAMS, INCOR.
PORATED.
January 5th, 1911.
United States Of America. State of Louisi.
ana. City Of New Orleans, Parish Of Or
leans.
BE it known, that on this 9Th day Of. the
month Of January, IN the year Of our Hrd,
one thousand nine hundred and seventeen
l9l7J and Oi the independence of the United
States Of Amercss the one hundred and
io~ty-hrst, before me, Arthur b. Leopold. 4
notary public duly commissioned and quail
fed IN and for the City of New Orleans
Parish Of Orleans, therein residing, and in
he presence Of the witnesses hereinafter
named and Undersigned, personally came and
appeared:
The several persons whose names are here
unto subscribed. who seyerally declared that
ayaling themselves Of the laws OF the State
OF Louisiana, in such cases made and pro-
vdcd, they do. by these presents, form them
selves INTO corporation under the follow
ing stipulatOnS:
Article 1.-The name of this corporation
by which name said corporation shall have
and enjoy corporate existence and success
sion for the term Of ninety-nine (99) years
from and after the date hereof unless soon
er dissolved according to law; and its domi-
Gle shall be in the city of New Orleans. 1t
shall have power TO contract, sue and be
sued, to make and use a corporate SEAL and
the same to break and alter at pleasure: TO
hold, receive, lease, purchase, sell and con-
Vey, as well as mortgage and hypothecate,
under ITS corporate name, property, both real
and personal, to borrow money and lend
money, to give and receive securities there
tor; to name and appoint such managers
directors and officers the interest and
convenience OF said corporation NAV require !;
TO make and establish such bylaws, rules
and regulations as may be necessary and
proper and the same TO alter and amend at
pleasure.
Article Hal citations and other legal
process shall be served on the president OF
said corporation, and in case OF his alb
sence upon the vice-presldent, or the Sec
rotary treasurer, thereof.
Article 1.-THE objects and purposes for
which this corporation is formed are declared
to be, to act as civil engineers, and carry on
the business Of general contractors, for all
kinds OF wor K; to own and operate pile drivers,
derrlckS, dredges, vessels, operated by steam
or other power, barges, and all kinds of
machinery necessary for this business, and
to do all things as may be incidental or
necessary TO the primary purposes for which
Article Iv.-The capital stock of this cor.
poration is fixed at one hundred and fifty
thousand dollars, represented by fifteen hun
dred shares Q5OO of $4,000 each. Said cap.
ital stock may be increased reduced.
Subscriptions to said capital stock may be
paid for in cash OF. in property and good
will, and when paid for or exchanged for
property and good will, there shall be an
nexed to this act and be read in connection
herewith, or by other proper instruments,
an accurate detailed and itemized statement
and description OF such property as to
amount, location, extent, character, and
state OF improvements, together with a state
ment of the value placed upon any good will
included in the capital stock.
Article V.-All the corporate powers of
this corporation shall be vested in 4 board
OF directors to be composed of three of the
stockholders who shall be elected by the
stockholders on the Hrst Monday of Janu-
2 aITy, OF each year, beginning on the. first
Of directors shall hold Office until the first
Monday in January, 1918, and until their
successors shall have been elected and quail
ihed. The directors shall elect a president,
a Vice.president and secretary treasurer, who
may also act as managing engineer. In case
81 any vacancy occurring the board from
death, resignation or otherwise, the remain
ing members shall fill the vacancy until the
next election. Two members of the board
oil directors shall constitute a quorum.
Article VI.-The following persons, to.wit:
NJ p. Doullut, 400 Egania street, New Or
leans, La; Paul Dullut, SOL Douglas street,
New Orleans, La; w. Horace Williams, 1918
Coliseum St. New Orleans, La, shall be and
are hereby constituted as the first board of
directors, with said Milton P. Doullut as
president, Paul Doullut, vice-president, and
W. Horace Williams, secretary-treasu and
engineer.
Article VII.-All meetings of the stock. |
holders shall be called after fifteen DAYS
previous notice in writing mailed to each |
stakeholder at his post-office address.
. Article VlII.-Whenever this corporation
is dissolved, either by limitation or other
wise, its affairs shall be liquidated by three |
iiquldators, to be selected by the stock |
holders after a meeting convened for that |
purpose shall have been called.
Article IX.-This act of Incorporation NAV
be changed, altered amended or said cor |
poration may be dissolved or its capital |
stock increased, as provided for by the laws |
OF inns state, after a general meeting of |
me stockholders shall have been called, after
hiteen days previous notice thereof given, |
Article Mo stockhoder shall ever be |
heId liable or responsible for the contracts |
d SAID corporation for any further sum than |
the unpaid balance due upon the shares of
STOCK subscribed for, or owned by him. nor
shall any intormality in organization have
me ehect OF rendering this charter null |
pr OF exposing a stakeholder 10 any liza
2llity beyond the amount of subscription to
the stock. "
The subscribers hereto have given oppo.
site their respective names, the amount of |
'toSk IN this corporation. subscribed for by |
each OF them so that this act of inco-no.
alton may also serve as the original srb.
'cTlption list of said corporation.
thus done and passed this 9Th d.v sc