The herald. [volume] (New Orleans, La.) 1905-1953, 1918-03-28
CHARTERS.
cHARTER OF
,,ox IRON WORKS, INCORPoR-
~ UNIV ATED.

I,snsaid ,tner.hs witnesses hereinafte
,rsspee "a Undersigned; Personally cam
ID sppeareeao: whose names are hereunt
The who declared that availln'
sbscrpess' of the provisions OF the law
bsnsers,s,e of Louisiana, ana particular
ps No. 2S7 Of the General a Ass noa
4 the stab have covenanted and agreed
"a tne! Nv these presents, covenant
"a do form and constitute them
,rree, pln 'tell as such other persons al
sses IS Dr. ioin or become associated
| az beres into corporation and body
| db tns% law. for the objects and pur
| ysilr nd under the agreements ana sup
~. following, to-"n. ..,,,o % .h;,
| dstens 1.-THE name and style OF thl'
Lfifk shall be the Union lror
. ,rpersnGn ornorated, and under that
| EOrks. ishsII have and enjoy all tbs
| nne ,rsntages and privileges granted
lots 40 eorn0rations; il shall exist fol
n hN of ninety-nine years from the
/ penoOoa.oS. IL shall have power and au'
ne ne ~ sue and be sued IN lts corpOr-
Denv TO make and use corporal.
~ pams' The same to break or alter AT
al spo n hold, receive, purchase, con-
peisor ssce and hypOthecate property
~. nonensl and mixed; to issue bonds,
ri peIsS nther obligations; to have and
Hs ana m managers, officers and direc-
lploy ots and other employees as the
pnL nd convenience of the corporation
bissa,aire or demand, and to make ana
~ ~ such bylaws, rules ana reSula
stsofs the corporate management and
aens ior t,s business and affairs as may
s1ifol VI necessary and eXpedient.
ar THE dOmicile of the said
hnes, shall be in the City of New
sipols state of Louisiana, but ii may
Gfaasi offiees and agencies throughout
siiglns,oS States of America and foreign
Ssntries. .s and other legal process
sip ps on the Vice President of the
Aunn,ation. In the absence of the
80 sV and Vice President, then said
Nslo.s hsII he served on the Secretary
6s said corporation. -, ,
nuAI.h this corporation is organized
ne nature of the business TO be car
~ nv il are hereby declared 10 De:
q ."srste general machine shop; 10
W. 70 ar retail, for its own account
Eie s sssnt. distributor or intermediary,
800 and character of machinery and
" tai products; to erect and con-
81 contract for the erection and
as,,stion of buildings, workshops and
'Asucal plants, and generally TO do
~ sarage in any other business, under
ns,0s ar enterprise connected with, grow
~ Al. Incidental or germane to any
ahiects and purposes hereinabove
sa,,S ar contemplated by this charter.
n,I,sIs Iy-The capital stock of this
n..s,.tou Is hereby fixed at the sum of
~ shsasand ($5,00000) Dollars, divided
y. stty IjO shares of the par value of
:. hundred $4,000 Dollars, each, which
a'u No paid for in cash on the call of
!. Bosrd Of Directors, or may be issued
4 not less than par Tor property pur
s..d by or services actually rendered
~ csnital stock of the corporation
- n Increased to a sum not exceeding
~, thousand (SJ0,000.00) Dollars.
N shares Of stock shall be full paid
= ,sn- sssessable. No transfer of stock
I'M b binding upon the corporation I'M
: made upon its books, and all Certifi-
- n stock shall be signed by the Of
IN designated by the Board Of Direc-
lree VAN the corporate powers of |
4 eompany shall be vested in and the |
,,,spment and control of it's business |
n ssaIrs shall be exercised by a Board |
DIRECTORS composed of three (3) stock |
slisS which number may be increased |
not more than seven "a at the discre-
IN on the board OI DlTtClOES. n
rd,y Of the Directors shall constitute a !
,Orun for the transaction of all bust
~ The directors shall be elected an
u,Iy By ballot of the stockholders on
1, scond Wednesday of February in
ID rear All elections shall be held
nis such rules and regulations as may |
ds!ermined by the Board of Directors,
" sfsr at least fifteen days notice
ssrsi shall have been given to each
Al. L.. shnrnnH oil u-
ri personally to such stakeholder, or
ispesiting in the office, properly
N;nssd, q notice to each stakeholder.
N directors thus elected shall continue
dice for one year or until their sue
sWn hall have been duly elected and
Eihifd. All stockholders shall be en-
lid In person or by written proxy, to
u Eois on each share Of stock owned by
n md standing In his name on the
" N election shall be regarded as
tdtare Of this charter. Any vacancy
curing On said Board of Directors shall
! lied BY the remaining directors for
y uzpred term. Said Board of Di-
xisn shall likewise elect the additional
rnbers In case they should determine to
zrae the number of the Board as here
assEe provided. Said Board of Direc-
N hal at Its first meeting elect from
u |
w siee-Presidents, a Secretary and a
nanrer. II may combine any two Of
y enees into one and may even elect a
sfSafy, who Is not a stakeholder or
au1k Said Board of Directors shall
W ne night and power to appoint and
s.ss such clerks and other employees
sM corporation, including the Secre-
no Is not stakeholder or director,
aenons may justify or the business
IIFUArIftAn Una
~ Office Of all employees of the
sanon shall be during the pleasure
~ Board Of Directors.
nxk Vino stakeholder shall ever be ,
mok or responsible for the contracts, ,
~ debts Of this corporation, nor /
mere informality in its organ
nave the effect Of rendering this |
mil or Of exposing a stakeholder
inability beyond the unpaid bal !
y t& on the shares of stock owned
su.-This act Of incorporation
enanged, modified or altered by :
wo-thirds Of the persons own :
- n.oed capital stock of this cor ,
y meeting convened for that I
~ tlef notice shall have been Civ
49, manner and form provided for
49, ' Of this act of Incorporation, (
however, that the objects and !
Ior which this corporation is or )
~ AL not be changed, modified or !
me capital stock of this cor .
ncfeased to an amount exceed !
.1inum herein fixed or decreas- I
mount less than the corporate I
- u ~ uithout the consent and ap- !
-. !, w n stockholders owning three 7
k1res we issued capital stock of this q
~ Il-This corporation may be :
~ -, Tin the assent Of the stock I
IN s.ss two-thirds of the issued a
\ S.L o. the corporation at a meet
= - Tor that purpose after no. n
- meeting shall have been Civ e
tsns snoider In accordance with
4 provided for in Article v of this n
h1hijcs psfstion. In the event of the h
Nm :, y mis- corporation by the ex-
>hm n cnarter or otherwise, the
~ n ssss anairs Of the corporation N
~ - ~ by three liquidators to be
u IN. e stockholders from among /,
- q ~ the meeting which de- \
>nkr sseate The fees and com q
y ~ s me said liquidators shall be
u IT, -. amined at the meeting at
II krs ~ ~ elected. Said liquidators
u es s, power and authority to t
ePss,s.ufe business and affairs of :
3 i.sSss. In the event of the y
u nssty OF any of said liquida- :
urrsof or survivors shall APP
1uSt19or or snccass~-.