The herald. [volume] (New Orleans, La.) 1905-1953, 1917-09-13
CHARTER
OF SCHILLINGER BUILDING co, INC.
United States OF America, State of Lousi-
ana, City OF New Orleans.

United States OF America, State of Louisi.
ana, City OF New Orleans.
Be it known, that on this 18th day OF the
month OF August, IN the year nineteen hun
dred and seventeen, before me, Lawrence NJ.
Janiu, notary public, duly commissioned
and sworn, IN and for The parish OF Orleans,
City OF New Orleans, therein residing, per
sonally appeared the persons whose names
are hereuuto subscribed, who declared that
avaling themselves OF the provisions Of the
laws Of this State relative TO the organiza-
ton OF corporations, and more particularly
Act 267 Of the General Assembly OF this
State, approved July 9. 1914 they have COW
enanted and ageed and do by these pres
ents covenant and agree, bind, form and
constitute themselves well as such per
sons who may hereafter join with, or be-
come associated with them into corpora
ton and body polite IN law, for the OBJ
Jects and purposes and under the agreements
and StipulatiOnS following, to-wit:
Article 1.-The name and style of this
corporation shall be: "Schillinger Building
Company, luc.," and under that name il
shall have and enjoy all the rights, advan-
tageS and privileges granted by law to cor
porationS; 1t shall exist for a period OF
ninety-nine (99l years from this day, and
shall have power 10 contract, and be
sued IN It's corporate name; TO make and
use a corporate seal, and the same 10 break
or alter at pleasure; to hold, receive, pur-
chase, convey, mortgage, hypothecate or
pledge property, both real and personal; to
issue bonds, notes and other obligations or
evidence of debt or negotiable instruments
TO have and employ such managers, direc-
tors, officers, agents and other employees as
the interest and convenience OF said corpo-
ration may require or demand; TO make and
establish such bylaws, rules and regula-
tons for the corporate management. as il
may deem necessary and expedent.
Article 1.-THE dom cile OF said corpora
ton shall be in the City Of New Orleans,
State OF Louisiana, and all citations and
other legal process shall be served on the
president; in his absence on the vice presi-
dent and in the absence Of both on the sec
-etary.
Article III-The objects and purposes for
which this corporation Is formed hereby
declared 10 be: To engage generally in the
construction and general contracting bust
ness and for the erection OF buildings and
improvements on real estate and to do A
general contracting business and carry on
any other business or enterprise which may
De germane or incidental TO or connected
with the construction and erection of build
IngS.
Article Iv.-The capital stock of this cor.
pora'lon i fixed al the sum OF five thousand
dollars. divided into 80 shares Of the par
value Of one hundred dollars (SlOOOO each
Al shares of stock shall be full paid and
non aN,cN>ahlc. NJ transfer OF stock shall
be binding upon the corporation unless made
upon 81, books. and all certificates of stock
snail be signed by such officers as may be
dcSiCnated by the board Of directors.
Inns corporation shall have the right tc
increase it. capital stock up to the further
sum ot twenty-five thousand dollars, to be
divided into shares of one hundred dollars
each, provided said increase in the capita
stock shall he authorized by the stockhold
erS AZ a meeting to be held pursuant 20 the
PROVISIONS OF Article Y of this charter
Article N.-All the corporate powers o
this corporation shall be vested in, and N,
management and control Of its affairs shall
be exercised by 4 board Of directors com
posed Of three stockholders. The directors
shall! be elected annually by ballot by tn,
stockholders on the first Monday of Januar,
in each year. Each stakeholder shall b,
entitled in person or by proxy to vote 70
every share owned by him under such rule
and regulations may be determined b,
the board Of directors after fifteen Q5) day
notice by mail OF said election shall havt
been sent to each stockhOder al his las
known address. The directors thus elected
shall continue in office for one year unit
their successors shall have been duly electe,
and qualified No failure TO elect shall b,
regarded as forfeiture Of the charter TIL,
board Of directors shall name out Of its mum
Der a president. vce-president and secre
tary, who nay also be treasurer. Any dIrec
tor officer shall have the right to sppoin
in writing another director or stockholde
to act as his proxy and in his stead at any
and all meetings of the board of directors
Article Vino stakeholder shall ever be
held liable responsible for the contracts
debts or faults of the corporation. nor shall
any mere informality in its organization