The herald. [volume] (New Orleans, La.) 1905-1953, 1918-06-27
CHARTER
OF INDUSTRIAL IRON WORKS, nc.
State of Louisiana, Parish of 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. halser;
Il Notary Public, duly commissioned anu
qualified in and for the Parish and state
aforesaid and in the presence OF the VII
nesses hereinafter named and underslSh-
ed, personally came and appeared the per
sons whose names are hereunto subScrlO-
ed, who declared that, awaiting themselves
Of the provisions of the laws OF the State
of Louisiana, and more particularly OF the
provisions of Act No. 26I OF the General
Assembly of the State of Louisiana for the
year 1914, they have cOvenanted ana
agreed, and do by these presents coNeh-
ant. agree, bind and constitute themselves
as well as such persons who may hereaI-
ter iOin or become associated with them,
into a corporation and body polltlc IN
law, for the objects and purpose, anu s ulI
der the agreements and stipulatlOns fol-
lowing, to-wit:
Article 1.-The name and style of this
corporation shall be industrial iron
Works. Inc" and under that name II shalI
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; 1t shall have power ana
, authority to sue and be sued in its cor
pOrate name; to make and use a corpor-
ate seal, and to break and alter the same
at pleasure; to hold, receive, convey, buy,
| sell mortgage and hypOthecate real, per
sonal and mixed property; to issue Donds;
, notes and other obligations; to have and
employ such managers, Officers, agents
and employees as the interest and convent
ence OF said corporation may require; ana
to make and establish such laws, rules
and regulations for the corporate manage
ment and control as the business and ar,
fairs of the corporation as may be deemed
necessary and expedient.
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 it are hereby declared TO be:
n To engage in the general contracting bus
/ mess, to do engineering work and 10 act
o as manufacturers agent; to buy, sell,
: manufacture and install all size storage
tanks, structural steel work, smoke stacks
q and boilers; to buy, sell, manufacture and
t install steel plates, steel sheets angie
= pipes and fittings, cast iron and steel
q tlanges, boiler tubes and other STOCK KIN
V bred thereto; and generally to do and en-
V gage in any other business, undertaking
Il or enterprise connected with or growing
d out of and incidental to the objects as
) set forth or contemplated in this charter
o Article Iy.-The capital stock of this
It corporation is hereby fixed at the sum OF
: thirty thousand (S30,OO0) dollars, which
= capital stock may be increased IN the
2, manner provided by law to the sum OF
~ TWO nunOTeu anu ullN luouSduu NF-oOsooyJ
dollars. Said capital stock shall be divid-
r. ed into three hundred shares of the paI
If value of one hundred ($lOO) dollars each
% Said stock may be issued full paid and
- non assessabIe for cash, or for property
le transferred for value, or for services actu'
v ally rendered said corporation. No trans
,e fer of stock shall be binding upon the cor,
At poratiOn unless made upon its books, and
J. all certificates of stock shall be signed by
5 the President and the Secretary Treasurer
D Article V.-No stakeholder of this cor
h poratiOn may offer for sale, sell, assign
ar or transfer his stock in this corporation
d without giving TO the other stockholders
h thirty days prior notice OF such intention
lie which notice shall be given in writing e
he the President of the corporation and shal
n. by said President be Immediately made
N known to the Directors of the corporation
g and the other stockholders shall have the
h, privilege of purchasing said stock at th'
g book value thereof, said privilege to bt
r exercised within thirty days from date Of
d delivery of said notice to the President.
"a Article VI.-All corporate powers of thi:
"a corporation shall be vested in and th'
: management and control of its bushes:
"a and affairs shall be exercised by, Board
of Directors composed OF three stockhold
ers. a majority of the directors shall con
& stitute a quorum for the transaction of al
t. business. The Board of Directors shall
g after each election select from their mum
IT Der a President, a Nice-President and &
lie Secretary Treasurer. Immediately after the
s. execution Of this act of Incorporation thu
t subscribing stockholders shall elect the
3 Board of Directors of this corporation
J. which Board of Directors shall hold Office
until the first Wednesday of January, 1919
l. and thereafter the directors shall be elect
ut ed annually by ballot on the first Wed
he nesday of January of each year.
g All elections shall be held under sucf
r rules and regulations as may be determin
n ed by the Board of Directors but afte
T; at least ten days notice of such election
DR. shall be given to each stakeholder by mai
* sent to his last known address or by pub
rs LEGATION in one of the daily English news
DR. papers in New Orleans. No failure to hole
an election shall be regarded as forfeit
IN ure of this charter. Any vacancy in thu
m Board of Directors shall be filled by tn
IN remaining directors for the unexpired term
De Article Vino stakeholder shall eve
al be liable or responsible for the contracts
at faults or debts of this corporation. no
be shall any mere informality in its organ
s, ization have the effect of rendering thi
IN charter null or of exposing a stockholde
lie to any liability beyond the unpaid bal
he ance due on the shares of stock subscribed
ne for by him.
O. Article VIII.-This act of incorporation
te may be changed, modified or amended, o
this corporation may be dissolved, In &C
rs cordance with the provisions of Section
70 Nos. and 2S OF Act No. 267 of the Gen
~ eral Assembly of the State of Louisiana
n for the year 1914 and in accord with tn
o. provisions of any other Sections of sal
q act as may be applicable.
& Article IX.-The subscribers hereto hav
respectively written opposite their name
or the amount of stock in this corporation
~ subscribed Tor Dy eacn OF tnem uOgetne
10 with their addresses, so that this act o
n, incorporation may also serve as the orig
ny inal subscription list.
sc Thus done and passed in my notaria
"A office aforesaid, in the presence of tn
ha aforesaid witnesses who have hereunt
a signed their names with the said appear
"a ers and men, said Notary Public, afte
90 due reading of the whole.
- Original signed).
"a, - II. W. KAISER, Not. Pub.
Iy I, the undersigned Recorder of Mort
VI cages in and for the Parish of Orlean:
nd State of Louisiana, do hereby certify tina
lg the above and foregoing act of incorpora
at ton of the Industrial Iron Works, Inc,
Ii was this day duly recorded in my 0ffic
d. in Book No. 1919, folio No. 76s.
a. New Orleans, La, May II, 1918.
ok (Signed) EMILE J. LEONARD, by.
de A true copy.
d. II. W. KAISER, Not. Pub.
t. May 1880 Jun 6-13-20-27
er
ruADTED