The herald., 1917-11-08
Sis Cash and
s 5 Per M onth
CHARTERS.

Or FKANN J.. MNNOliNNy I'M.
United States of America, State of Louisi-
ana, Parish of Orleans, City OF New Or
leans.
BE it known. that on this 2nd day OF the
month Of October, in the year OF our Lord,
one thousand, nine hundred and seventeen,
and OF the Independence OF the United States
of America the hundred and torty-Sec-
ond before me, Wear +. Milling, a notary
public duly commissioned and qualihed
within and for the Parish OF Orleans, State
Of Louisiana, and IN the presence OF the VIZ
nesses hereinafter named and undersigned,
personally and appeared the several
persons whose names are heTeunto SUD
scribed, who SevCrally declared that, avail
ing themselves of the benefits and PROVISIONS
OF the Constitution OF the State OF LouIsi-
ana and of the laws OF said State relative TO
the organization OF corporations, and PaTtc.
ulary Of the provisions OF Act No. @oI OF
the General Assembly OF the State OF Lou
isiana for the year 1914 they have united 10
form and do, by these presents form and
organize themselves, as well as all such
other persons who may hereafter JON or
become associated with them or their sue
ceSsors, into a stock corporation for the OBJ
iccts and purposes and under the covenants,
stipulations and agreements, following, to-
wit:
Article 1.-The name and title of this cor
poration shall be: Frank J. Mangham, Inc"
and under and by said name, unless sooner
dissolved in accordance with law and TINS
charter il shall exist and continue, and
shall have and enjoy corporate existence and
succession for a period OF nlnety-nlne ~
years from and after the date OF this act.
1t may have hold, receive, borrow, loan,
exchange, acquire by grant, gift or purchase,
devise or bequest, sell, ALLEVIATE, dispose of,
convey, lease, pledge, pawn, hypothecate.
cucumber or mortgage property OF any kind;
whether real, personal or mixed, coTpoTea,
or incsrpoeal, movable or immovable, all
subject TO such limitations as may be pre-.
scribed by law. 1t may make, issue and
endorse bonds notes and other evidences
of debt 1t may accept mortgages, pledges
or other forms of security for money loaned
or other debts. 1t may contract, sue and be
sued plead or be implicated by its corporate
name in any court Of competent jurisdiction:
1t may make, adopt and use common seal
and alter the same at pleasure. 1t may hold
stock in other corporations, and its capital
stock may be issued for capital stock IN
other corporations. 1t may name, appoint
and employ such managers, directors, officers,
agents and other employees as its said bust
ness and convenience may require, and may
fix their compensation, having due regard TO
the nature, character and value OF their
services. 1t may make and establish by
laws, rules and regulations not inconsistent
with this charter any existing law, hxing
or altering the management OF its property,
the regulation and government OF its affairs,
and the manner of the certihcatlOn and reg
istratior of its stock. 1t may wind up and
dissolve itself, or be wound up and dissolved
in the manner prescribed by law. 1t may
conduct business in this State, other States.
possessions of the United States, and any
foreign country. 1t shall have the power
TO invest its board of directors with all of
its corporate powers. subject to such restric-
tions as may be named in this charter. And
it generally shall possess all the powers,
rights, privileges and immunities which cor
porations and may hereafter be author.
lied to possess under the Constitution and
laws of this State, and particular under Act
No. 267 of the Acts of the General Assembly
of the State of Louisiana for the year 1914.
Article 1.-THE domicile Of this corpora
ton shall be at the City of New Orleans,
Parish of Orleans, State of Louisiana.
Article III.-The objects and purposes for
which this corporation is formed and the
nature Of the business to be carried on by II,
are hereby declared TO be-
To do general stock brokerage and com
mission business; to buy and sell stocks,
bonds, mortgages, debentures, trust receipts,
commercial paper, consols, and government
securities, either for itself or as agent of
any person, firm corporation, but not to
engage in the banking or stock johbing bus
mess; to act as the fiscal agent of any per-
son, firm corporations; TO buy, sell, let
lease, hire, own demise generally deal
and trade in real estate, whether improved
or unimproved; to borrow money and grant
mortgages, bond mortgages or notes therefor;
to lend money and to receive therefor mort
cages, bonds any other evidence of in
debtedness; to carry on any other business
which, under the law, il may be entitled to
carry on which NAV seem to the corporation
to be calculated, directly or indirectly, TO
eHectuate the aforesaid objects or either
OF them, to facilitate it in the transac-
tion of its aforesaid business businesses,
any part thereof, or in the transaction of
any other lawful business that may be cal
culated, directly or indirectly, TO enhance
the value Of or 10 render profitable any of
the company's properties and rights and
generally to hold and exercise all such Incl
dental powers and privileges as relate to the
objects and purposes hereinabove set forth
or as may he necessary, useful or convenient
Tor erecting said objects and purposes.
Article lV.-The authorized capital stock
OF this corporation is hereby declared 70 be
the sum OF ten thousand (Sl0OOOn0) dollars
which capital stock may he increased in the
manner provided by law to the sum of 6ftv
thousand (S50.OOOOM dollars The presently
authorized capital stock Of This corporation
shall be represented by one hundred OOOl
SHARES OF the par value Of one hundred dol
lars $4,000 each. The said capital stock
shall be represented by certificates and shall
be personal property. II shall be paid for in
cash at such times and in such amounts and
after such notices to the subscribers : NAV
be fixed by the board of directors, and shall
he fully paid and worcestershire when is
sued. No transfer of said capital stock shall
be binding upon this corporation unless made
in accordance with its charter and bylaws
and recorded on the books thereof
Article V-The business of this corporation
shall be managed by and all of the corpo-
rate powers thereof shall be vested in and
exercised by a board of three directors to be
elected from among its stockhoIders' and 0 q
majority of the directors, either present in
person or represented by proxy, shall con-
stitute quorum. The said board of direc-
tors shall have the right to nominate and
appoint such agents, managers or sub agents
as in their judgment they deem necessary
in the management of the corporation or the
conduct and carrying of its business
Article VI.-The first board of directors of
this corporation. shall be composed of: Frank
ManVham, whose post-ofice address is 23l7
Gen. Taylor street. New Orleans. La; Jean
5. VOORHEES,, whose post-office address is 1924
Berlin street, New Orleans La, and Louis
F. Leonhard whose post-ofice address is 4222
Painter street, New Orleans La, with Frank
J. Mangham as president and treasurer.
Louis F., Leonhard as vice-president and
Jean s. VOORHEES, as secretary Said board
of directors shall serve until the first meet
ing OF stockholders for the election of direc-