The herald., 1918-06-20
CHARTERS.

and employees as the interest and convent
ence of said corporation may require; and
10 make and establish such laws, rules
and regulations for the corporate mana gc-
ment and control as the business and af-
fairs Of the corporation as may be deemed
necessary and eNpedient.
The domiclle OF this corporation shall be
in the City of New ORLEANS. State of Lou
isiana. All legal process shall lee served
on the President and i'll 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 10 he:
To engage in the general contracting bus
mess, TO 40 engineering work and to act
as manufacturers agent; To buy. sell
manufacture and install all size storage
tanks, structural steel work smoke stacks
and boilers; TO buy, sell. manufacture and
install steel plates, steel sheets. angle
iron. | beams channels. bar iron riyets
pipes and fittings, east iron and steel
fangcS, boiler tubes and other stock kin
dred thereto: and generally to do and en-
gage in any other business, undertaking
or enterprise connected with or growing
out of and incidental to the objects as
set forth or contemplated in this charter.
Article IY.-The capital stock of this
corporation is hereby fixed at the sum of
thirty thousand (S30OOO) dollars, which
capital stock may be increased in the
manner provided by law to the sum of
two hundred and fifty thousand $3.50 OO0)
dollars. Said capital stock shall he diyid-
ed into three hundred shares of the par
value of one hundred (SlOO) dollars each
Said stock may be issued full paid and
worcestershire for cash, or for property
transferred for value. or for services aCtu-
ally rendered said corporation. No trans
fer of stock shall be binding upon the cor
pOratiOn unless made upon its books, and
all certificates of stock shall be signed by
the President and the Secretary Treasurer
Article E.--NO StOckhOldcr of this cor
pOratiOn may offer for sale. sell, assign
or transfer his stock in this corporation
without giving to the other stockholders
thirty days prior notice OF such intention.
which notice shall be given in writing to
the President of the corporation and shall
by said President be Immediately made
known to the Directors of the corporation,
and the other stockholders shall have the
privilege of purchasing said stock at the
book value thereof, said privilege to be
exercised within thirty days from date of
delivery of said notice to the President.
Article Nl.-All corporate powers of this
corporation shall be vested in, and the
management and control of its business
and affairs shall be exercised by, a Board
of Directors composed of three StOckhold-
erS. 4 majority of the directors shall con
Stitute quorum for the transaction of all
business. The Board of Directors shall,
after each election select from their num-
Der President, n Nicc-PrcSdent and a
Secretary Treasurer. Immediately after the
execution of this act of incorporation the
subscribing stockholders shall elect the
which Board of Directors shall hold office
until the first Wednesday of January, 1919.
and thereafter the directors shall be elect
ed annually by ballot on the first We'd
ncSday of January of each year.
All elections shall be held under such
rules and regulations as may be determin-
ed by the Board OF Directors but after
at least ten days notice of such election
shall be given to each stakeholder by mail
sent to his last known address or by pub
LEGATION in one of the daily English news
papers in New Orleans. No failure to hold
an election shall be regarded as a forfeit
ure of this charter. Any vacancy in the
Board of Directors shall be filled by the
remaining directors for the uneXpired term.
Article Vino stakeholder shall ever
be liable or responsible for the contracts,
faults or debts of this corporation, nor
shall any mere infOrmality in its organ
iZatiOn have the effect of rendering this
charter null or of exposing a stakeholder
to any liability beyond the unpaid bal
ance due on the shares of stock subscribed
for by him.
Article yIII.-This act of incorporation
may be changed, modified or amended, or
this corporation may be dissolved, in ac-
cOrdance with the provisions of Sections
Nos. and IS of Act No. 267 of the Cen
eral Assembly of the State of Louisiana
for the year 1914 and in accord with the
provisions of any other Sections of said
act as may be applicable.
Article IX.-The subscribers hereto have
respectively written opposite their names
subscribed for by each of them together
with their addresses, so that this act of
incorporation may also serve as the orig
inal subscription list.
Thus done and passed in my nOtarial
office aforesaid, in the presence of the
aforesaid witnesses who have hereuntO
signed their names with the said appear
ers and men, said Notary Public, after
due reading of the whole.
Original signedO.
III. W. KAISER, Not. Pub.
I, the undersigned Recorder of Mort
cages in and for the Parish of Orleans,
State of Louisiana, do hereby certify that
the above and foregoing act of incorpora-
ton of the Industrial Iron Works, Inc"
was this day duly recorded in my Office
in Book No. 1919, folio No. 76S.
New Orleans, La, May IL, 1918.
(Signed) EMILE J. LEONARD, by. r.
true copy.
H. w. KAISER, Not. Pub.
May 1880 Jun 6-13-20-27