The herald. [volume] (New Orleans, La.) 1905-1953, 1918-04-04
CHARTERS.
CHARTERS.
CHARTER OF
,,os IRON WORKS, INCORPoR-
,BB UNIV ATED.
,HARTER OF

tie nine hundred anu pnbiic dnI,
NJ Roben and qualified in and for th'
sounisslo"e Orleans, State OF LOUISIANA
parish Oh .Ssrein residing, and in th'
,ioresaid the witnesses hereinafter
,rsssnces md Undersigned; Personally came
"a sppsslreeuus whose names are here !IIS
iss,IPed, who declared 'n nr t5e ai iaw.
hsnselye ~ Louisiana, and particular
the sta'e o67 of the General Assembly
n act ~. of Louisiana for the year
4 the sAb have cOyenanted and agreed
rl4 tne' hy these presents, covenant
I'd oS form and constitute them
ige, " well as such other persons az
sre hereafter join or OeCTGne ana hngT
sith them law for the objects and pur-
polr ~ under the agreements ana sup
shtons Tbe name and style OF this
Lrtics shall be tie Union Iron
Nrpor' Incorporated. ana under 'that
EaN', shall have and ENJOY al ths s
~ advantages ana p.l'iiehiIi' "a Co.
hghp 20 corporations; 1t snail exist LOT
" law ~ ninety nine years from the
perou II shall have power and au-
tste neie sue and be sued in its cOrpor-
AefIU W 20 make and use corporate
sR nsmS the same TO break or after at
al sn 10 hold, receive, purchase, CON
Fsssue,tesge and hypOthecate property
W. nsrsonal and mixed 10 ISSUE Dol nus
rll va other obligations; TO nave ana
poIes snS ,eS managers, officers and direc-
mploy uts and other employees as the
pfs asad convenience of the corporation
bisresl sI or demand, and to make and
~ IN snch bylaws, rules ana reSula-
sfsOHs or the corporate manaSemeht anu
nohs ~ its business and AFFAIRS as may
as@med necessary ana eAPeHient. at,
o'aIa 1.-The dOmiclle OF the sdlu
hnIt,on shall be in the City of New
nfpole STATE of Louisiana, but II may
Gsasl offices and agencies throughout
efsgMn,tsS States of America and foreign
sestr sst.t,ons and other legal process
AZ NJ served on the President, and In
:. absence on the vice. resldent of me me
II spssnoratiop. In the absence OF the
40 s wi and Vice President, then said
\ Prsloes heII he served on the Secretary
n \ ne said corporation. 81 ,os
E., ~ UI-The objects and purposes
Ahich this corporation Is organized
~ nature of the business to be car
~ an nv IL are hereby declared TO De:
=. sosrate a general machine SHOP 10
VII manufacture and deal IN, at
we ar retail, for its own account
nen .ssnt distributor or intermediary,
s,Ss and character of machinery ana
y METAL products; to erect ana con-
nn Az contract for the erection ana
w. s.,,uction OF buildings, workshops and
uu.s,ncsl plants, and generally 10 90
"A engage In any other business, unuer-
~ a. enterprise connected with, grow
uAn ~ AZ incidental or germane to any
80 affects and purposes herelnaDoVe
ss,tS ar contemplated by this charter.
S,,s,sie Iy.-The capital stock of this
A.s,stion is hereby fixed at the sum of
NY thousand ($5OO0.O0) Dollars, divided
~. sfty 500 shares of the par value OF
Az hundred (s100.O0) Dollars, each, when
an 10 paid for in cash on the call OF
- pa",d AZ Directors, or may be issued
.ot less than par for property pur-
500 by or services actually rendered
) he corporation.
az No Increased to a sum not exceeding
M, thousand (s50,0O0OO) Dollars:
| nj shares Of stock shall be full paid
IA nop-assessable. No transfer OF stock
III 10 binding upon the corporation un-
II made upon its books, and all Certif-
~. Al stock shall be signed by the Of
Nm designated by the Board OF plrec-
Iricje YAH the corporate powers of
III company shall be vested In and the
-,nagement and control of its business
,J Affairs shall be exercised by Board
| Idi,rs. which number may be increased
| nal more than seven ca at the discre-
ian a. the Board Of Directors. A ma
tdty Of the Directors shall constitute a
| ,lrum for the transaction of all bust
ia The directors shall be elected an
ruIly By ballot Of the stockholders on
h second Wednesday of February in
al year. All elections shall be held |
uir such rules and regulations as may |
\ determined by the Board of Directors, |
1t after at least fifteen days notice |
usrof shall have been given to each |
sSkholder by such notice thereof deliv- |
nd personally to such stakeholder, or |
" depositing in the post properly |
iaiessed, q notice to each stakeholder. |
m directors thus elected shall continue
b Office for one year or until their sue
seos shall have been duly elected and |
piIhed ALI stockholders shall be en-
tied In person or by written proxy, to |
Ne vote on each share Of stock owned by |
IN and standing in his name on the |
bnn Of the corporation. No failure to
M an election shall be regarded as a
Meiiure OF this charter. Any vacancy |
nlrring on said Board of Directors shall
filed By the remaining directors for
q unexpired term. Said Board of Di-
nian shall likewise elect the additional
lmbefs In case they should determine to
siesse the number Of the Board as here
nlnsse provided. Said Board of Direc-
va shall at its first meeting elect from
nng It's number, a President, one or
sm Vice presidents, a Secretary and a
mNrer. 1t may combine any two OF
~ enices into one and may even elect a
nfenfy who Is not a stakeholder or
Alof Said Board of Directors shall
~ he right and power to appoint and
1nN such clerks and other employees
ne corporation, including the Secre-
sno Is not stakeholder or director,
wnduons may justify or the business
ne corporation may require. The
- Of Office Of all employees Of the
qefanon shall be during the pleasure
sns Board Of Directors.
nucie VINO stakeholder shall ever be
mole or responsible for the contracts,
ss1 :" o. debts of this corporation, nor
- ~ ny mere informality in its organ
n have the effect of rendering this
Ia null or Of exposing a stakeholder
liability beyond the unpaid bal
que On the shares Of stock owned
Esls yII.-This act Of incorporation
changed, modified or altered by
Wo.thirds Of the persons own
49,. issued capital stock of this cor
rsa. a. a meeting convened for that
s's after notice shall have been Civ
ls, ne manner and form provided for
r,-a.sT ' Oh this act of Incorporation,
s ,ssc' however, that the objects and
r, 49, ior which this corporation is or
S.sSq snail not be changed, modified or
sr,s.o % the capital stock of this cor
3 Nv increased to an amount exceed
maximum herein fixed or decreas-
nS,Il amount less than the corporate
NM sa ~ without the consent and APP
ma. me stockholders owning three
sos,,, ~ me issued capital stock of this
Irtrl. Vrxx
tsssss tlIl-This corporation may be
ls3sss With the assent of the stock
a,;sl ewing two-thirds of the issued
q ss, aeek Of the corporation at a meet
h q ,sas for that purpose after no.
d .. ssa meeting shall have been Civ
4 t,rs stockholder in accordance with
4 s provided for in Article v of this
hsalutsso 'poration. In the event of the
tst;es !, 2, this corporation by the ex-
sdsss. this charter or otherwise, the
III Il .s, se Affairs Of the corporation
~ ~ ss', .s BY three liquidators to be
II nm, ne stockholders from among
- "a I ns at the meeting which de-
nsts, nQuidate. The fees and com
hl ,ss the said liquidators shall be
IA ~, oetermined at the meeting at
% k,rs s srs elected. Said liquidators