The herald. [volume] (New Orleans, La.) 1905-1953, 1917-11-01
S IS Cash and
SIS Per M onth
CHARTERS.
OF ERANk !. MANGHNM. IA

OF FRANK !. MANGIIAM, INC.
United States Of America. State Of Lpuisi-
ana, Parish OF Orleans, City OF New Or
leans.
BE it known, that IL this End day OF the
month OF October, in the year Of oar Lord,
one thousand. nine hundred and seventeen,
and Of the Independence Of the United States
OF America the one hundred and 1oriy-scc-
ond before me, Wear f. Milling, notary
public duly commissioned and qualified
within and for the Parish OF Orleans, State
of Louisiana, and IN the presence Of the Wit
neSseS hereinafter named and undersigned,
personally came and appeared the several
persons whose names are hertuntO sub
scribed, who Scyerally declared that, avail
ing themselves Of the benefits and provisions
OF the Constitution Of the State OF Loulsl-
ana and Of the laws OF said State re laiIye 10
the organization OF corporations, and Partlc-
ularly of the provisions of Act No. 2o7 o.
the General Assembly Of the State OF Lou
isiana for the year lpl+, they have united to
form and do, by these presents form and
organize themselves, as well as all such
other persons who may hereafter join or
become associated with them or their sue
cesSOrs, into stock corporation for the OBJ
Jects and purposes and under the covenants,
stpuations 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 this
charter, il shall exist and continue, and
shall have and enjoy corporate existence and
succession for a period of ninety whine (99)
years from and after the date OF this act.
1t may have, hold, receive, borrow, loan,
exchange, acquire by grant, gilt or purchase.
devise OF bequest sell, ALLEVIATE, dispose OF,
convey, lease, pledge, pawn, hypOthecate.
whether real, personal or mixed, cOrporeal
or incsrpOeal, movable immovable, all
subject TO such limitations 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 Or money loaned
or other debts. 1t may contract, sue and be
sued, plead or be impleaded by its corporate
name in any court of competent jurisdiction.
1t may make, adopt and use a 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, fixing
or altering the management of its property,
the regulation and government OF its affairs
and the manner OF the certihcation and reg
istratiOn of its stock. 1t may wind up and
dissolve itself, or be wound up and dissolved
in the manner prescribed by law. 1t may
the Federal Districts, the Territories and
possessions Of the United States, and any
foreign contry. II shall have the power
10 invest its board Of directors with all OF
its corporate powers. subject TO such restric-
tiOns may be named in this charter And
II generally shall possess all the powers
rights, privileges and immunities which cor
pOratiors are 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 1Il-The objects and purposes for
which this corporation is formed and the
nature Of the business to be carried on by il.
are hereby declared to be:
To do general stock brokerage and CON-
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 10
engage in the banking or stock jobbing bus
mess; TO act as the fiscal agent of any per.
son. firm corporation: to buy. sell let
lease, hire, own or demise or generally deal
and trade in real estate, whether improved
or uniuIprOved; TO borrow money and grant
mortgages, bond mortgages notes therefor;
TO lend money and to receive therefor mort.
cages, bonds or any other evidence of in.
debtednesS; to carry on any other business
which, under the law. it may be entitled "a
carry on which may seem TO the corporation
to he calculated, directly or indirectly Il
etfectuate the aforesaid objects or either
OF them, TO facilitate it in the transac.
ton of its aforesaid business or businesses
or any. part thereof. or in the transaction of
any other lawful business that NAV he cal.
cuiated. directly or indirectly. 10 enhance
the value Of or 20 render profitable any Of
Ihe company properties and rights and
EeneraiIy to hold and exercise al such Incl.
dental powers and privileges IS relate to the
OBJECTS and purposes hcrcirahove set forth
pr as may be necessary, useful or convenient
ior ehgctiTg SD offsets ar. purposes.
Article lN.-The authorized caritaI stock
of this corporation j. hereby decI,~cI >. b
the sum of ten thousand Csl0OOtOm d5rI,rs
which capital stock may he increased il, ,Ls
manner provided by law to the sum Of fftv
thousand CSS0o0OO dollars. The presently
authorized capital stock of this corporation
shall be represented by one hundred 900,
shares Of the par value Of one hundred dol
lars lSlOoON each. The said capital stocl
shall be represented by certificates, and shall
= be personal property. II shall Ne paid for j.
cash at such times and in such amounts an,
after such notices to the subscribers as ma,
he fixed by the board of directors. and shall
be fully paid and worcestershire when is
sued. No transfer Of said capital stock shall
be binding upon this corporation unless mad
in accordance with its charter and bylaw
and recorded on the books thereof
Article N.-The business of this corporatio,
shall be managed by and all of the cnrpo
late powers thereof shall be vested in an,
exercised by board of three directors to b
elected from among its stockholders, and
majority of the directors, either present i
person or represented by proxy, shall con
sttute quorum. The said board of drec
tors shall have tie right TO nominate an,
appoint such agents, managers or sub agent
as in their judgment they deem necessar
IN the management of the corporation or tn
conduct and carrying on of its business
Article VI.-The first board of directors o
this corporation shall be composed of: Franz
Mangham, whose post-office address is 2sl
Cen Taylor street, New Orleans. La; Jear
n. Noorhies, whose post-offce address is 362
Berlin street, New Orleans La. and Ioui,
+. Leonhard whose post-ofice address is AZ,
Painter street, New Orleans, La, with Frank
J. Mangham as president and treasurer
LOUIS +. Leonhard as vice-president and
Jean >. VOORHEES, as secretary. Said board
OF directors shall serve until the first meet
ing OF stockholders for the election of direc.