The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-23

NoIsneuI' EMILE D. LEoNAhDs Dy' TX.
a True Copy.
WATTS K. LEvERICH.
Notary Public.
Sept. 1S-October 90
CHARTER OF HEBERT LIFE SAVING
DEVICE COMPANY, INC.
United States of America. State of Louisi-
ana, Parish of Orleans, City of New Orleans
Be it known, that on this Ninth day of the
month of September, in the year of our
Lord one thousand. nine hundred and nine
teen, and OF the Independence of the United
States of America, the one hundred and
forty fourth, before me, William Ardill.
Notary Public, duly commissioned and quail
fled, in and for the City of New Orleans,
Parish of Orleans, therein residing and in
the presence of the witnesses hereinafter
named and undersigned, personally came and
appeared the several parties whose names
are hereto subscribed, all of the full age of
majority and residents of this City, who
severally declared that availing themselves
of the laws of the State of Louisiana, and
especially of Act 167 of 1914, in such cases
made and provided, they have formed and
ORGANIZED, and by these presents do form
and organize themselves into corporation
for the objects and purposes and under the
stipulations and agreements hereinafter set
forth and expressed which they hereby ac-
cept and adopt as their charter, to-wit.
ARTICLE 1.-The name and title of the
Corporation hereby formed is declared to be:
''Hebert Life Saving Device Company, In,
orporated."
ARTICLE Ills domicile shall be in
the City of New Orleans, State of Louisi-
ana, where all stockholders and Directors
meetings must be held; provided, that with
the written consent of all the directors
valid meetings of directors may be held
outside of the State or within the State
elsewhere than at its domicile; and shall
have and enjoy succession for a period o:
ninety-nine (99) years from date hereof.
ARTICLE III.-All citation or legal pro-
cess shall be served the President, and
in case of his absence inability to ac:,
upon the Nice-President- or Secretary-Trea
surer.
ARTICLE IV.-The objects and purposes
for which this corporation is organized and
the nature of the business to be carried on
by it are declared to be:
To acquire by purchase or otherwise and
exploit invention known as "Hebert Safe
ty. Device patent for which has been ap-
piled for in the United States patent Of
flee and the United States Letters Patent
covering same when granted to Ignatious
Hebert or assigns for a safety device and
any subsequent improvements thereon, or
extension thereof, as well as any other pat
ents, Improvements extensions it may see
fit to acquire; to carry the business or
manufacturing itself, thru others. all
patents acquired by it; to grant licenses for
chase or otherwise real personal or mixed
property, and TO sell, lease, mortgage or
otherwise dispose OF same; to execute and
enter into all contracts and generally do and
perform any and all things necessary and
incidental to the objects and business for
which this Company is organized.
ARTICLE y.-The capital stock of this
corporation is hereby fixed at the sum of
One Hundred Thousand Dollars (s1000O0.00).
divided into One hundred thousand shares
H. Nil
Sl.0O each. of which Fifty Thousand ESQ.
10000, or one half of the capital stock has
been subscribed for; which stock may be is
sued full paid and nom assessable for cash, or
for property transferred for value or for
services actually rendered to said corpora.
ton. Said capital stock may be increased
to One Hundred and Fifty Thousand Dol
lars (sl5o,OO.0O).
ARTICLE VI.-All the corporate powers
of this corporation shall be vested in and
exercised by Board OF Directors con
of whom shall constitute quorum for the
transaction of all business. The first Board
of Directors shall be composed of the fol-
lowing stG ,osd MI Florens Lebeqf re-
La, and Alfred Wellborn, residing at Oil
Common Street, New Orleans, La, and
Ignatious A. Hebert, residing at 1892
Columbus Street. New Orleans, La, who shall
hold office until the LIST day of December.
1920 or until their successors have been duly
appointed and qualified.
The first officers of this corporation shall
be Florent Lebeuf, President, Alfred Well
born, Vice President and Ignatious Hebert.
Secretary Treasurer, who shall hold their
office until the LIST day of December, 1920, or
until their successors have been duly appoint
ed and qualified.
In case of the resignation or death of any
the said remaining Directors, shall appoint
and fill all vacancies from among the stock
holders.
On the LIST day of December, 1920, unless
said day be Dies non. then in such case
on the first succeeding judicial day and an
shall be held at the offices of the Company, |
under the supervision of three commissioners.
Notice for annual meetings and for stock |
holders meetings shall be given by the |
either in person or by depositing a writ |
ten notice in the Post Office, properly ad- |
dressed to him, at least Is days before said |
meetings. |
All stockholders shall vote, at all stock !
holders meetings, by ballot, and a majority |,
questions, save as otherwise provided by |
aw. Each share of stock shall be entitled |
% one vote, either in person or by written |
,roxy.
ARTICLE VII.-This Act of Incorporation |
nay be changed. modified. or amended, or |
his corporation may be dissolved with the |
assent of two-thirds of the capital stock is |
sued at meeting of the stockholders con-
,ened for that purpose, after thirty (30) |
lays prior written notice or such meeting |
hall have been mailed to the last address |
# each stakeholder by the Secretary Treas
lrer of the Company and should at any meet. |
ng it should be decided to dissolve the cor
'oration, either by limitation of its char |
err, or for any other cause, its affairs shall |
,e liquidated by three 90 commissioners to |
,e selected from among the stockholders. |
said commissioners shall remain in office |
Until the affairs of the corporation shall /
lave been liquidated. In case of the death |
f any of said commissioners, the survivor
" survivors shall continue to act.
ARTICLE VIII.-No stockholder of this !
Corporation shall ever be held liable for the |
or faults thereof, in any further |
um than the unpaid balance due to the cor |
,oration on the shares of stock owned by |