The herald. [volume] (New Orleans, La.) 1905-1953, 1918-11-21
CHARTER.
-ur UTILITIES CO., INC

sstcs OF p n me, Henry +. part, yI., d
bird p,hi;e. duly commissioner ana guam
yczg ,nd for this City and tne rarisn OF
led. 10 sna .,s;n residing, and IN the pres
nrlezns, me;,,esses hereinafter and under
.,ce Of ne..IIy came and appeared: the
,sued. pesso,s whose names are herein-
ricsine pehsd together with amounts OF
sfeS spoNs,;,, subscriptions TO the SapitaI
theif resp .s. corporation to be formed, VINO
seef e, declare that avalIns int IS We
the Pfc,,",,;s;ana, relative to the organi,
safe Of Loo-s,ions, they have covenanted
,a.icn Of - do by these presents cove
"a sreeo and bind and obligate them
.zst and ss.iI AZ such other persons as may
elves - sscome associated WIN mem OF
bresf'a .s.6rs TO form and conSutute mem
ihef into q corporation ana eOu nd otheT
nd Tor .n' IA stipulations following, to-
ss.rr,IE 1.-The name I-; ana H't So Oh Inn ne
oopofsuoA =, corporate name IL shail nave
sd unas, existence and succession Tor tne
nd en,'' ninety nine years rom ms
ern o. a. tights, advantages ana privileges
,nd al tne t. 10 corporations, including
rsnted " ccntract, sue and be sued IN
he posei ,sre. 10 make and use cor
is ocfpof. nd the same 10 break and
posie 'I..ure: to hold, receive convey
,ha psvoothecate and pledge property;
rcnsasS oefsonsl to issue oonds, notes anu
e. a., allegations; 70 nave ~au pn3 other
ssefs. GIe the interests and convent
enpioyees ~,,no,ation may require; 10 make
snce oil ,n ~ such committees and to create
ard esnDn' ..suIations and bylaws for the
such uies, engagement and control OF the
rfn. a the corporation as may NC ueeiieu
uesssau AM TT Tbe domicile Of this cor
RlkLs, ,i he in the City of New Or.
pgrafion s nf Louisiana and citation and
hsns, Saf o,oeess shall be served upon
sihcf e. or. in his absence or inability
ht Cor, any cause whatever upon
% sSa,.,;S,n, OF the Secretary treasurer.
VEHICLE III.-The object ana purposes Oh
DIS corporation are ,.s 20 %, make. LIQUID
puro. -. oolishes and cleaners to sell
nap S :, sholesale or retail, buy, sell
sme eiI~ CHEMICALS, chemical compounds
rs y.m;eally prepared proprietary articles;
ina a Ia trade and commerce IN al ITS
S,pe, and phases; to have mold, &C
sr;r,' possess, sell, lei, dNena . b,,;id;n1.
gus nd all offices, real estate, ouildings
Ter sny ~ necessary for the conduct
ana nS..;ness: TO have, hold, acquire, pos
N III Let ALLEVIATE or transfer trade
xs n,,,,ts and patent rights or copy.
nIs r-;v;leees and inventions; TO hold
4, other corporations and bonds OF the
-. and Of the United states ana OF ,he
@ - Icu;siana, and generally to do and
80 III fSings needful, necessary, proper,
F.s., or the accomplishment OF the pur-
,hs' corporation, the whole IN the
Ic-;aiar,a, the states territories and
SsN ...,. II tbe United States and in for
.t,tr, and territories with the nght TO
- 5f,ces and places of business and agents
"a representatives. in any and all OF the
.pr1f1y W.-The capital stock of this
nH's;s. Il fixed at Fifty thousand dol
~ ~ ~ divided into twenty-five hun
49, Of the par value of Twenty $50
49,. - 10 be paid for in cash or in
-. ,rsu.Ily rendered or in property pur
49, ~ the corporation. Twenty-Five
$1,000 1eilars (s2S,000) OF said stock may
= ~ b payment for the exclusive right
:. rsmiprture, compound or otherwise make
=. Es-i so.p solvent known as Glas-Glos,
$500 : The formula owned by Louis A
80 Z a protected by letters patent or copy
~ - lending in the Patent Office of
| AZ ur;ted States, together with the exclu-
| ~ firht b vehd the same in the United
. Seules fenitories and possessions and IN for.
| ec ssies and territories for period OF
- vesrs from date hereof; the value OF the
| Ssh . aeqsired and the option hereinafter
srzs,ed beinT hereby appraised for the sum
Z twenty FIVE thousand dollars (S25,0OO), and
| 4. Ro.r5 Of Directors is authorized TO &C
cure s,id rights from the said Louis A.
bIrt ana in payment therefor, to issue GER
| nEcfes Il stock for the amount OF shares
amI 10 he number OF shares subscribed
n by ogher subscribers or stockholders and
here1f,ef IN amounts so that he shall re-
ave. q shares of stock are subscribed for
u others . certificate for shares equal in
uunber 70 the shares so subscribed; and
Re said Louis A. Block hereby grants an
uelusive option to the lessee to purchase
aid fcrmula and all trade names, trade
suks ecpy-risbts and patents protecting said
krmula or trade name at the expiration OF
no years from date hereof at price TO be
fined and determined by a majority vote of
e Board Of Directors Of said lessee after
sung full and fair consideration to the
ulue Of said formula as may be evidenced
~ the business and profits OF said lessee
knved from the use of said formula during
~ stock Of the lessee; should the price so
&iernined be more than the unissued capi-
q stock Of the lessee, then this charter shall
h ,nended and the capital stock increased to
nd sum as will enable the lessee (this com
pzy) 70 acquire full ownership of said for
MA, end pay for same in stock. The
aphl stock may be increased to One Mil
~ WW.m00) Dollars. The capital stock
9 his corporation is issued and held under
3 ireyocsble agreement, contract and con-
mona hat no sale or transfer of the stock
mn b recognized by the corporation I'M
- md until IL shall have been first offer
an writing to the corporation at the book
~ thereof ss shown by the last audit Of
= eeks within six months of the offer for
y ~ md benefit Of other stockholders, who
p1eoy granted the absolute first right
@v'iese 70 purchase same at the price
~ - accept (which shall be in writ
~ - ~ therefor within thirty days af-
offer shall have been made. The
- the rights conferred in this Article
oarfeT shall follow the stock into
han5s 1t may 60. Failure of the
poesessor Of the certificate of stock
W deliver same shall authorize
7rstion to receive in trust the price
= cancel such outstanding certifi-
Ne books OF the corporation and is
eeruficates therefor. The stock so
snail be divided among the re-
scekhclders as may be desired by
no IN default of agreement, in pro-
Ie'r several holdings and upon
the price thereof. This corpora
AL Be the agent of the stockholders
y empowered through its Board of
70 enforce and carry out all of
Snne Provisions regarding stock in
uCLE Vail the corporate powers
~ law or this charter on corporations
exercised by the Board of Directors
eo'poration, including the right to
control and direct the affairs of
osstion, the corporate policy, to sell
or 70 merge il into another
10 and to take in payment of any
merger. cash, bonds, notes or
~ Purchasing or merging corpora
new corporation created for the
slmout the necessity of referring
n o. said acts to the stockholders
81 npcsed Of five stockholders. The
- Directors under this charter
I 10, n1is A. Block, N. ]. Barrois, M.
- nusnes Fernandez and BENZ. w.
IIS .n Louis A. Block as President,
49, Is first Viee-President, Hughes
- - Second Viee-pres;d.,+ and NJ