The herald., 1918-03-28
CHARTER
CHARTER OF THE

LOUISIANA DEMOLISHING CO.. INC.
United States Of America, State of Louisi.
ana, Parish of Orleans.
Be it known, that on this the 9TH day Of
the month OF February, in the year nineteen
hundred and eighteen, before me, Thos. Z:
FurlOw, a notary public, duly commissioned
and qualified, in and for the parish OF Or
leans, State of Louisiana, aforesaid, and IN
the presence Of the witnesses hereinafter
named and undersigned, personally came and
appeared the several persons whose names
are hereunto subscribed, who severally de-
clared that availing themselves OF the laws
Of the State Of louisiana, and especially the
laws relatin to corporation, and especially Act
267 Of 1914 they have covenanted and agreed
10 bind. form and constitute themselves, and
do hereby bind, form and constitute them
selves as we'll as all such other persons as
may hereafter join or become associated win
.hem into a corporation and body polite IN
law, for the objects and purposes and Sup
ulations following. to-wit:
Article 1.-The name and title of this
corporation shall be: louisiana DemolIshinS
Co. Inc, and under said name It shall
exist for full term of ninety-nine years
ron this date and shall have all powers
allowed TO corporations by the laws OF the
State of Louisiana, the laws of other States
and OF the United States.
Article 1.-THE domicile of this corpora.
ton il hereby declared to be in the CITY
Of New Orleans, State of Louisiana, and ali
eta ions shall be as the law directs.
Article III.-The objects and purposes for
which this corporation is organized are here
b. declared TO be: TO purchase and sell lum
Der, bricks, and building material OF all
kinds, both new and second hand; TO buy
and sell Real Estate and all kinds OF build
ings and structures and TO engage in the
demolition and construction and repair Of
all kinds of buildings and structures; and
70 buy and sell and operate or charter ships.
boats and vessels Of all kinds; and generally
TO engage in any Of the businesses above
mentioned or in any branches appertaining
to the above businesses.
Article " The capital stock Of this
corporation IS hereby fixed in the sum OF
FIVE thousand dollars $4,000 and may be
increased to fifty thousand dollars CS5OOO0 Z;
said stock is divided into and represented
by 100 shares of tle par value of fifty dollars
$50 each: which said stock shall be issued
for cash or for property or for other rights
purchased; there shall be no issue Of pre-
ferred stock.
Article ViAll shares of stock of this
corporation shall be offered first to the d.
rectors of this corporation; and no share
shall be sold unless with written consent oil
two-thirds Of the directors.
Article VI-All the corporate powers OF
this corporation shall be vested in and exer.
csed by the Board of Directors, which shall
Oe composer OF NOT lGSS IMAM , llOl llOl
than 9 members, who shall be bonaide stock
holders in said corporation: 1t shall be nee
eSsar that there be twO-thrds of the members
Of the board present at any meeting TO con-
stitute quorum: the first Board OF Directors
shall be as follows: George b. Jurgens, 70l
Whitney National Bank Bldg, Arthur Feitel
5228 Prytania ST., A. W. Euler, 70l Whitney
National Bank Bldg. And they shall hold
Offices and serve until the 2nd day of Jan
uary 1919: and thereafter until other sue
Cha11 he Irly elected The ROard III
Directors shall be elected by vote of stock
holders of the corporation at a general meet
ing called for this purpose on the second
day Of each year starting on January 2, 1919
unless said day be legal holiday and ther
on the next bank day thereafter.
The Board of Directors at it's first meeting
shall elect from their number a President
and vice-president, and q secretary-treasurer
and until the first regular election on the
End day of January, 1919, the following shall
ident, 701 Whitney National Bank Bldg.
Arthur Feitel Vice-president, SOS Prytania
St, A. W. Euler, 70l Whitney National Bank
Bldg, Secretary-Treasurer.
Article VII.-No subscriber for stock shall
ever be held liable for the contracts, fault:
or debts Of said corporation in any further
sum than the unpaid balance, If any, due
the corporation on the stock for which he
has subscribed; nor shall any stockholdeI
ever be held liable for such contract, fault
or DEBT, IN any 1urIner sum IMAM
balance, If any, on the stock owned by him
nor shall any mere informality in organi
zation have the effect of rendering this char
ter NULL or rendering any subscriber liable
beyond the unpaid amount, il any, remaining
due the books.
Article VIII.-Any vacancy occurring in tn,
said Board of Directors shall be filled b,
| the remaining directors for the unexpireC
| term from amongst the other stockholders.
Thus done and passed at my Office in tn,
City of New Orleans, on the day and dat,
| first above written, in the presence of Nathan
| H. Feitel and Sena d. Furlow, competen
witnesses, who have signed this act togethe
with the said original subscribers and me
notary, after reading of the whole.
Names of subscribers and amounts Of sub
| scriptions omitted)
| Witnesses: Nathan H. Feitel, Sena D
THOS. E. FURLOw, Notary Public.
| I, the undersigned Recorder of Mortgages
| in and for the Parish of Orleans, State o
| Louisiana, do hereby certify that the abov
| and foregoing Act of Incorporation of tn
| Louisiana Demolshing Company, Inc, wa
this day duly recorded in my Office, in Bool
| 1919, Folio BIZ.
| New Orleans, February 8, 1918
Il (Signed) EMILE J. LEONARD, .. R.
| A True Copy of the Original.
Il TIIOS r FITRIOW Not Pub