The herald., 1919-04-24
SF INDusTKIAL oh
niRTEk eoMPANY, INC.

haeTT states OF Ahi Iafnr, me Augustus
"a and foft! Totary Public, duly com
Eillisms, u.orn. in and tor the PARISH
DisOBed anu nd therein residing, pcISoH-
y0fesns- snneared the several n"rNohS
III cane anu are hcreuntU 0Hhr'rIpoI
Secse nalS that, availlu& thyhiSriltS "t
no decNIeS constitution OF iHe 'I!aIe "f
~ kSs relative to the 10, ,.,''. ag3 Of
issislsnlaaa and eSpecIan! Nv, ,,I ii
,prPoi,sssy do hereby .l lUi,r imt" a cor
XII sssocIsa body polite IN i"w Tor the
.a,stion anu nrnoses and under the agree
Sects anu foundations herein contained
Eats ana saraby adopt rs their articles
nth the! t or charter to."it;
heoip'rI-The name ami style OF TINS
Article hall be Industrial city GO.
.srporstion Jor said name II suail nave
IN. and unnxistence for period or
nFOrsle. years from this a"i" ana ShalI
indy l LII enjoy all the ..-1.>, pr,
hEe and advantage -rI"'Uu ~
pse' "a corporations, II , Sma' "a n' he
scwef 70 cornorate name. 40 max" ana
.aed IN Hsu,orate seal, anG IN" same 10
~ me eV "iter at pleasure. 20 hold, re
krsak OF 1hsss convey, mortgage ana
siSe. pui nr pIedge property, both rea
Z ypclneansl. TO issue bonds hotes' anu
I'D pefsspi@ations; to haN" ana employ
abd o"ssers. dikectOrS, oI.'.'f>' agents
SD M l.her employees as tn" interest anu
ina s y.S of said corporation may
enseniene make and establish such ny
aaBei " ~. and regulations Tor the cor
hEs ruie ansgement and control of the
prale " tbe corporation a. may be
hsirs " and eNPvdicnt; and to
drenes In other corporations.
w c,v 1.-THE objects and purposes
ARIlILS tbis corporation Is organized,
fd NJ W. n.tnre and character OF the DuHl-
I'D NE sa carried on by it are hereby
vs. ~ 70 he. to deal in. buy ana
iehesa It's own account. or for
gu ,aeaunt. of others, real estate
tenements, mortgages. hoflSaSr
bA1s "a other securities, TO ra1s" stock
wtes shu nroducts of all varieties and
sd iafm same and otherwise to engage
dispose Vi farming and TO contract with
% grhe, 40 so; TO borrow money on
Hhels " real or personal. TO lease. rent
ProPeIrss., nronerfy, and to make leases :;
Ad nn ~, and improve landed or swamp
p IT.. 10 Law out town lots or Suburbs
rOpei sirea,s sidewalks and alleys, TO
N,aaxn sewers, drainage, water ana gas
~ 80 70 connect with the lnHhltlpal Plahls ;
for the sole use OF TINS 'oIlpahH W
% w aolss and lay cOnduit> 10 support or
iees PV r;reS for electrical transmission ;
iuu'e ,.uct mr. erect or to contract Tor
wssO.rnstruction and erection of buildings
W ather improvements; and generally
a. and engage in any other business.
! WtI.tsting or enterprise connected with.
4sino ont Of germane ana incidental
:. INV of the purposes herrlhaboNe SCI
ss,,h and contemplated by THIS charter:
HiRTJCLE 1.-THE capital STOCK OF TINS
aa,stion shall be Fifty Thousand Dol
wv ~ ifs,nOO0OO divided into and repre-
-, Ia nv five hundred shares tJOOD OF
Sne es yslue of One Hundred Dollars
mann each, which may be paid for in
VIZ =, nronerty, All shares of stock
All he full paid and asSessible. No
,..ssfsr of stock shall be binding upon
1s corporation unless made upon ITS
Ssaks and all certificates of stock shall
Z signed by such Officers as may be
s.sgrated by the Board of Directors. The
.,ni,aI stock of this corporation may be
,.s,asspd TO Two Hundred and Fifty
Thausand Dollars (s25O,OOO.OO).
iRTJcLE Iy.-The dOmicile of this cor
,s,stiop shall be in the City of New Or
ssus State of Louisiana. All legal pro-
Sss and citation shall be served upon the
President. and in his absence upon the
yje.president, or upon the legally
,athorised acting President of said Com
nny
ARTICLE y.-All the corporate powers
A his corporation shall be vested in, and
4, management and control of its affairs
sbsll be exercised by Board of Direc-
tors This Board Of Directors shall be
elected annually by ballot by the stock
holders on the first Monday of February
Il each year; the stockholders at the
aid meeting shall designate the number
Il directors who shall be chosen for the
ensuing year and this number may be
Increased or decreased at each annual
melting Of the stockholders, as the stock
hslders may determine, but at no time
shzll the number Of Directors TO be elected
n less than three. Each stakeholder shall
" entitled, in person or by proxy, TO
vote for each share of stock by him
swned. and all elections ana meetings by
he stockholders shall be held under such
rules and regulations as may be de-
trimmed by the Board of Directors.
keices for meetings of stockholders shall
k sent ten Q0) days previously to the
said meeting in writing by mail, postage
\ prepaid TO the last known address of the
sid stockholders The Directors thus
sated shall continue in office until the
first Monday in February 1921, or until
tldr successors shall have been duly
elected and qualified. No failure to
efd Directors shall be regarded as a
ta'feiture Of this charter but the Direc
isfs then In office shall continue as such
Until their successors are elected and
qlaified. A majority of the Board of
directors shall constitute a quorum for
ne transaction of business Any vacancy
rafring on the said Board of Directors.
etEeen annual elections, shall be filled
he remaining Directors for the uneX-
Pred term. The officers of said corpora
hoh shall be President, Vice-PreSi-
q 10 rU TPD4h Ir.ar
ne Office Of President and Treasurer may
combined. Any Director shall have
N right TO appoint by written instrument
shether Director or stakeholder to act as
~ proxy and In his stead at any and
" meetings Of the Board of Directors
my and as affectually as though he
ssr himself present. The Board of Di-
Mvrs snail fix the salary and cOmpen-
psn o. the officers of this Company, and
Maii nx the compensation of the mem
o. the Board for attending any and
meetings Of the Board provided,
%Her mat Director of this Company
-, n not receive such compensation for
11aahce II ne be an officer of the Com
Al. A director shall not be disqualified
g, %ss, or as an officer, from voting to
AN ~ owh salary or compensation; nor
n ne De disqualified from participant
"a. and voting, by reason of personal
H>t ~ any SUBJECT matter. Inc
~ hoard Of Directors shall be composed
~i,fred Gaidry, President Treasurer.
m Gosselin. Vice President. A. G.
ss.;, Sssscretary. These officers shall serve
m ne iirst Monday in February 1921
ss.s Wal their successors are elected and
~ ,ee, On the first Monday in Febru-
AZ" W and annually thereafter the
ss~s..M directors shall elect from their
1pT,cse !ilcers as above described.
a. It'll VI-The following is a list
names and Post Office addresses
49, subscribers to these articles of
saep and a statement of the num-
stst. snafes Of stock which each agrees
y ~ herein: w. e. Gosselin. 1915 Hamp-
a Ssss tone share); ]. Wilfred Gaidry,
~ 's Liberty Street, tone share) 4.
GslSrr " Gravier Street. Tone shared
f@ Lahd Co. Inc, 3O2 Hennen Bldg.
w ,,ed and ninety seven sharesJ
iRr,r1l red Gaidry, President.
W. vH.--No stakeholder shall
ssl,ss,la eid liable or responsible for the
tse 49, mults or debts of this corpora
h sess.s snail any mere informality in
IL M stion have the effect of render
se>Sa,s eharter null or of exposing a
speIa ~ 70 any liability beyond the
Ar~-