The herald., 1918-06-06
CHARTER
OF INDUSTRIAL IRON WORKS. INC.
State of Louisiana, Parish of Orleans, City
of New Orleans

OF INDUSTRIAL IRON WORKS, INC.
State of Louisiana, Parish of Orleans, City
of New Orleans.
Be it known, that on this 18th day OF
May, 1918, before me, Herbert w. Kaiser,
a Notary Public, duly commissioned and
qualified, in and for the Parish and State
aforesaid, and in the presence OF the wit
neSses hereinafter named and underSign-
ed personally came and appeared the per-
sons whose names are hereunto subScrlb-
ed, who declared that, availing themselves
of the provisions of the laws of the State
of Louisiana, and more particularly OF the
provisions of Act No. 261 of the General
Assembly of the State of Louisiana for the
year 1914, they have cOvenanted and
agreed, and do by these presents coven-
ant, agree, bind and constitute themselves.
as well as such persons who may hereaf-
ter Join or become associated with them,
into a corporation and body polite in
law, for the objects and purposes and un-
der the agreements and stipulatiOns fol-
lowing, to-wit:
Article 1.-The name and style of this
corporation shall be industrial Iron
Works Inc" and under that name il shall
have and enjoy all the rights, advantages
and privileges granted by law to corpora
tions. 1t shall exist for period OF nine
ty- nine years from date hereof, unless
sooner dissolved; il shall have power and
authority to sue and be sued in its cor
porate name; to make and use corpor-
ate seal. and to break and alter the same
at pleasure; to hold. receive, convey, buy
sonal and mixed property; to issue bonds,
notes and other obligations; to have and
employ such managers, onlcers, agents
and employees as the interest and convenl,
ence of said corporation may require; and
to make and establish such laws, rules
and regulations for the corporate manage
ment and control as the business and af-
fairs of the corporation as may be deemed
necessary and eXped1ent.
The domicile of this corporation shall be
in the City of New Orleans. state OF Lou,
isiana. All legal process shall be served
on the President 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 to be car
ried on by ii are hereby declared to be
To engage in the general contracting bus.
mess, to do engineering work and to act
as manufacturers agent; to buy, sell
manufacture and install all size storage
tanks, structural steel work, smoke stacks
| and boilers; to buy, sell, manufacture and
install steel plates steel she itoS r ans,t
pipes and fittings, cast iron and stee
| fanges. boiler tubes and other stock kin
| dred thereto; and generally to do and en-
| gage in any other business, undertaking
| or enterprise connected with or growing
out of and incidental to the objects as
set forth or contemplated in this charter
Article Iv.-The capital stock of this
| corporation Is hereby fixed at the sum OF
| thirty thousand ($3O,OOO) dollars, which
| capital stock may be increased in the
manner provided by law to the sum OF
| two hundred and fifty thousand (S2JO,OO
dollars. Said capital stock shall be divid-
ed into three hundred shares OF the pal
| value of one hundred ($lO0) dollars each
| Said stock may be issued full paid and
non assessable for cash, or for property
! transferred for value, or for services actu-
| ally rendered said corporation. No trans
| fer of stock shall be binding upon the cor,
poration unless made upon its books, and
| all certificates of stock shall be signed by
| the President and the Secretary Treasurer
| Article V.-No stakeholder of this cor
poration may offer for sale, sell, assign
or transfer his stock in this corporation
| without giving to the other stockholders
| thirty DAYS prior notice Of such intention
which notice shall be given in writing e
the President of the corporation and shai
| by said President be Immediately mad'
| known to the Directors of the corporation
and the other stockholders shall have TN
privilege of purchasing said stock at th'
hook value thereof, said privilege to b.
exercised within thirty days from date o
| delivery of said notice to the President.
| Article VI.-All corporate powers OF TIM
corporation shall be vested in. and IN
| manapement and control of it's business
and affairs shall be exercised by, Boar
| of Directors composed of three stOckhold
| ers A majority of the directors shall con
stitute a quorum for the transaction OF al
business The Board Of Directors shall
after each election select from their mum
her a President a Vice-President and
Secretary-Treasurer. Immediately after tn
execution of this act Of incorporation IN
subscribing stockholders shall elect IN
Roard of Directors OF this corporation
which Board of Directors shall hold oIic
until the first Wednesday of January, lsl.
and thereafter the directors shall De eisc'