The herald., 1918-08-29

CHARTER OF JOS. ARlAIIl. IN.
limited States OF America, State OF Loulsldhd
parish ot Orleans CITY Of New Orleans.
Re il known that on this twenty-thlrd day OF
the month of July. in the year OF Our Loiu, one
thousand nine hundred and eighteen anu ol tlie
the one hundred and forty third, before me;
Theodore A. Schuber, notary punhG' III anu
for the Parish of orleans, state OF Louisiana,
therein residing. duly commissioned, sworn ana
qualified and in the presence Of the witnesses
hereinafter named and undersigned, personally
came and appeared the several parties whose
names are hereuntO subscribed. who ssNerSlH ue,
cIared that ayailing themselves of the laws OF
the State of Louisiana, in such cases made ana
provided, they have coyenanted and agreed ana
DO, by these presents covenant ana agree, anu
bind themselves, well, as all other persons
who may hereafter become associated with them,
to form a corporation, and body polite IN law
for the objects and purposes, and under the
articles and stipulations, following. to-wlt:
ARTICLE 1.-The name of this corporation
shall be Jos. Ariatti, Inc, and under its said
corporate name, il shall have power and author
itv to have and enjoy corporate existence and
succession for the full term and period OF ninety
nine wears, from and after the date hereof, 10
contract. sue and be sued 10 make and use a
corporation SEAL and the some to alter and
break at pleasure; TO hold, receive, lease, pur-
chase and convey, as we'll as to mortgage and
hypOthecate property, real, personal and mixed.
corporal and incOrpOreal; 10 name and appoint
such managers, agents, directors ana oihcers as
its business interests and cOnVenlenceS may re-
uuire from time 10 time, and to make and estab-
lish such bylaws. rules and regulations for the
proper management of the affairs of said cor
poratOn, may be necessary and proper, and
to alter and amend the same at its pleasure.
ARTICLE 1.-THE domicile of said corporation
shall be in the City of New Orleans, La, and
all citations or legal process shall be served
upon the President of said corporation. in
the event of his absence upon the Nice-President
thereof, and in the absence OF both Of said
officers upon the Secretary.
ARTICLE IlI.-The objects and purposes for
U-hi * al
lished and the nature of the business 10 be
carried by it, hereby declared to be: To
engage in the manufacture, buying, selling and
dealing in, at wholesale and retail, Of all
kinds of thing. floor compositions and building
materials of all kinds, well to enter into
all kinds of contracts with reference to said
articles and generally to do and perform any
and all things necessary, proper or pertinent
TO General Tile Business, and Dealers in
Building Material Of all kinds, and the objects
and purposes of this corporation.
ARTICLE lN.-The capital stock Of this cor
poration is hereby fixed at the sum Of Six
Thousand Dollars (s6,O0O.OO) TO be represented
by Sixty 600 Shares of the par value Of One
Hundred Dollars (s1O00O) each. The capital
stock Of this corporation shall be payable
cash. or in such installments and under condi-
tions as the Board of Directors shall determine
as well as for services rendered, merchandise
property OF other valuable considerations received
and enurlng to this corporation, according TO ex-
elusive finding of the Board of Directors thereof
This corporation shall be a going concern and
authorized to do business as soon as fifty (5O0)
per cent OF the authorized capital shall be sub
scribed for, and at least fifty (50Go) per cent
of all stock SO subscribed for, shall be paid for
The capital stock Of this corporation may be
increased to Fifty Thousand Dollars $3.50, 600 OO)
ARTICLE N.-All meetings of the stockholders
OF this corporation, as well all meetings of the
board shall be held at its domicile, in the City
OF New Orleans, La, provided that with the
written consent of all directors valid meetings
OF the directors may be held outside of the State
fafa ola hor. 81 IA
cile
ARTICLE NL-All the corporate powers OF
tins corporation shall be vested in and exercised
Dy Board OF Directors, five in number, all OF
Nnom shall be stockholders TO be elected on the
third Monday in July of each year. Commencing
with the third Monday of July, 1919 Three
directors shall constitute quorum for the trans.
actloh OF business by the Board. After the cleo
non OF said Board of Directors as herein pro-
vlded, there shall he elected by said directors
from their own number, the officers of this
corporation, which are follows: A Presi-
Tent, Nlee-President. and a Secretary and
treasurer, with the right to combine the Offices
OF President and Treasurer in one person. The
nOard OF Directors may name and appoint an
assistant secretary, who need not be stock
n oI as well as TO appoint such other agents
anu employees, who shall, respectively have
Sucn power and authority, and perform sIch
uuues as may be prescribed by said Board and
rectors vi '"e VI
The directors shall have the right 70 su
an vacancies occurring in their number. from
uedth' resignation, or otherwise. Should the
sIochhoiders at their annual meeting fail to
nne null hve directors, then and in that event
the directors elected by the stockholders shall
nave the right to elect such additional directors
IN order to have full Board
The First Board of Directors of this cornora.
ton; and the officers thereof, who are to serve
until the Third Monday in July, 1919. are TO
DC elected after the signing Of this charter
AnlISLh 'n-The annual meeting of the
stoekholders for the election Of directors shall
De heid on the Third Monday Of July each wear.
commencing with July, 1919. The election for
directors shall be by ballot, and the majority
IN amount OF stock voting shall elect the persons
Ior whom they are cast Each share of stock
soted upon TO be counted for but one vote
Sald stock shall not be entitled TO c1mulativs
voting The Board of Directors shall give at
Ieast nfteen days notice by mail Of the election
OF SAD directors and shall appoint one or more
stockholders to preside at such election Anv
failure from any cause whatsoever to elect d.
rectors on the day named for that purpose shall