The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-15


and mixed property; to issue bonds, notes
and other obligations; to have and employ
such managers, officers, agents and employees
as the interest and convenience of said cor
porstlon may require; and TO make and
establish such laws, rules and regulations
for the corporate management and control of
the business and affairs of the corporation
as may be deemed necessary and expedient.
Article II. The domcile of this corpora
ton shall be in the city of New Orleans,
State of Louisiana. All citation and other
legal process shall be served 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 10 be carried on by
il hereby declared to be: to engage IN
the general contracting business, engineer
ing work and to act as manufacturers agents;
and generally to do and engage in any other
business. undertaking or enterprise con-
nected with or growing out Of and incidental
to the objects set forth or contemplated in
this charter.
Article IV-The capital stock Of this cor
poratiou IS hereby fixed at the sum Of ten
thousand $4,000 dollars, which capital
stock may be increased in the manner pro
thousand 1aGG y I3 $50 the dollars iP " Sai 5 caP;ta
stock shall he divided into lo0 shares OF the
par value OF one hundred dollars each OF
said capital stock two hundred dollars there
Of shall be paid for IN cash Immediately
after the signing Of this act OF Incorporation.
The remaining nluctv-elght hundred dollars
OF the capital stock OF this corporation, viz:
the capital stock subscribed II by +. {.
Hyatt shall be paid for as follows: for said
nlucty-eiEht shares the said +. {. Hyatt
does hereby transfer. assign. convey, SctOvcr
and deliver unto the corporation, all his
right. title. interest and equities in and .
the following machinery and equipment with
Nd,ues mSSle"I pla'eu IHett5!'c' steam $40 $40
ES', S7'o,-o' ,uunP car S"'; puiip'' 80
I II s1o >S 'u,nner ana ilSs SID, oacNtcr'
S5,.tO' "dCN '.a. a. "leSt sN,"pLI ;,
80 20, dias lhe, >4,I'..V' 40; ! aidg
int, So 81 S+'U' I''.moINe ana various
tIu'PHTH'; >Li'y' OF a I"'dl NI'ue OF SlI'-
= app d'Neu. "'sp Na'"Su ny tue podiu "L "
tSC,"'S me- ti ,,5I.TF la'ncu a. wen WORTH tllg
sum o, SII,oiH"' Dul "n'Sh transferred
20 SdId So'p'Idtion ny s"lu + y ilFa'l II.
Lc capita STOCK subscribed LOT ny nun salI
.ildCaIHeEy ana Tqu,PHeiL pelnS 10" loCaIeu
IN Audubon PARK New Orleans La.
All shares of stock shall be worcestershire
and no transfer of stock sail be binding upon
the corporation unless made upon its books
and all certificates OF stock shall be signed
by the president and the secretary -treasurer
Of the corporation.
Article w, s.,cLborda- % This co-oo-,
ton NAV offer for sale. sell assign ar trans.
fer his storL =, tb;s co-no-a,ior vitLo,,.
giving IN the othcr sto,koIders tbi-.v d,vs
nrior notice Of such intentio, which no.ire
hal he Give in IN of
the corDnTa,io, and shall Inv said o-es;dent
he mad Ero,y, "a the J;-aS,,-s ~ tLe -
Doration and shall he so made known 70
The directors Immediately and the otbeT
INCREASING said s.ocE At the book yaIne
fbere az Tor Mid of +b;r,v ~ So,
he delivery ~ go 1o.;re 90 .Lo -yes;J.-+
-. VI Al 49, 80. p.sS.-N', ~
ms company ShaH De vested IN, ana the
management ana control OF IT'S business ana
dHairs shaH DC exercised by Ooard OF a.
IeC:ors, COMPOSED o! lnree sLocH;hoIders;. a
MAJORITY OF inc directors ShaI constitute
q Quorum lot me frahsaTtion OF az business
n I"E Lnee''nS Vi fae Dpaiu oI dlIe'IIIs az
hoard n-esent the absent dirsct1- nav g;ye
10 either OF the two directors nreser+ ~ said
meeting written proxy to vote in the name
niacee and stead 81 The absert d;-ecto- ,,nor
any question that NAV come before the said
board Of directors at that particular meeting
The directors shall he elected arnuaIlv NV
ballot on the first Wednesday Of January
Of each wear. All elections Shall he held
under such rules and regulations as NAV
be determined hy the board OF directors bit
after AZ least ten DAVIS notice of suCb eIec.
ton shall be given to each stockboIder NV
mail sent IN his las, known address or Nv
DAYS preceding such election in one OF the
daily English newspaners in New Orleans
No failure 10 hold an election shall he re-
garded as forfeiture Of This cha-te- Anv
filled by the remaining directors for the un-
expired term The first board of directors of
this corporation shall consist of Edward c.
Hyatt, residing in the city of New Orleans
at 2S2S St Charles Ave: Toseph Kaufman.
residing in the city Of New Orleans, at 1863
Robert street,. and sam Kaufman. residing
IN the city OF New Orleans at ll5S Philip
street; with SAID Hyatt as president, Sam
Kaufman as vlce-president and Joseph kaut-
man as SecTetary-treasurer: Inc three above
named shall constitute the hrst board OF
go o-e All, 1850 rn bLS IseS
tors ebaII af,e- eacb .IeC,;on 80. f-ocn
tbei- nrIr,ber nres;da-t - ,;ce.D-.s;Jo,
md esrret. ,--eas,,-e-' q w
HrucIe NlI-No stocKhoIdeT snail ever De
haoie or responsible tor the contracts, faults
., ee4.S I tnIs ratloil, nor shaI any
effeC+ 81 renJsr!,g ,b;s $780, Iii ~ of @
posing a stockholder to any liability beyond
the unpaid balance due on the shares of
stock subscribed for by him. This act Of
Incorporation may be changed, modified or
altered, or TINS corporation may be dissolved
IN accordance with the provisions OF Sections
Nos. o and lS OF Act No. 267 OF the General
Assembly OF the State OF louisiana for the
year l9l4 In the event OF the dissolution of
TINS corporation by the expiration of its
sbsi he 81 r;o;d,ted nd nd ana d. aHaIs
liquidators to be selected BY and from among
the stockholders, at the meeting which shall
have full nnIer en5 ~! al