The herald. [volume] (New Orleans, La.) 1905-1953, 1919-03-27
CHARTER

ARTICLE 1.-The domlClle OF TINS cor
poration shall be at the City Of New orleans
louisiana all citations, other legal pro-
cess shall be served upon the President OF
said corporation, in his absence or IN
ability to serve, upon the independent
aud in their absence, as the law directs.
ARTICLE III-The objects and purposes |
If this corporation, and the nature OF the |
business to be carried on by it, are hereoy !
declared to be: To purchase from ID. }, |
Pledger his right to a patent applied Tor |
and his appliances namely: Pledgers Gas /
Saving Acceerator; Pledger's Humiditier
for ffty-three shares OF common STOCK ara
ffty-twO shares OF preferred stock IN TINS
Company at the par value Of one hundred
dollars each; TO promote, prosecute and safe |
GUARD the interest Of these several inven- |
lions; 10 engage in the manufacture ana safe
Of said appliances and other antomoDlIe APP
uIiaucrs and accessories, and IN general 10 /
| do all such things as may be proper ana !
| necessary to the objects and purposes herein
! set out. It..
| corporation shall be: Twenty IhC9sand;
| -Four Hundred Dollars l$2o,4n0ol, divided
| into Fifteen Thousand Two Hundred Dol
| lars ($l5,D0OD, or Isl shares OF common
stock. and Five Thousand Two hundred
| lS5 6OOO Dollars or 81 shares preferred stock.
| Hath issues Of stock at the par. value OF
! One Hundred Dollars per share. The pre-
| ferred stock Of this corporation TO ENJOY the
! same rate OF dividends as the Common STOCK.
| Said preferred stock, however, Is not 10 en-
| low any voting powers at meetings OF stock
iboIdcrs or The election of Directors and
| officers Fifty per cent Of the capital
stock OF this corporation must be subscribed
| before the filing of articles OF Incorporation
| which shall be payable in cash, or IN prop.
erty real or personal. Fifty per cent OF
all stock subscribed for must ne actually
paid in before the corporation engages IN
| business and the remainder within twelve
months thereafter.
ARTICLE V.-AlI Of the corporate powers
of this corporation shall be exercised by .
Board Of Directors, consisting OF ei8ht
stockholders. which can be increased to
twelve by vote Of Board Of Directors who
will elect said directors, majority OF
whom shall constitute quorum tor the
transaction of business. The Board OF Dr.
rectors shall annually elect from their num-
her President, Vice President, and Sec
rotary Treasurer. The Board shall appoint
from time to time, such officers agents,
clerks and employees as they may deem
proper for the carrying on properly OF the
business of the corporation, who shall hold
office at the pleasure OF the Board, or may
abpoint a manager with the power to en-
ploy and discharge such agents and employees
as may be deemed necessary. Said Board
may make, alter, and amend any and all
such bylaws and rules and regulations for
the government of the business nd affairs
of this corporation. The following persons
shall constitute and compose the first Board
. OF Directors: Julian NJ. SwOOp, E. NJ.
Schegel, Nicholas ]. Nutter, David SweiV-
, right, S. Gordan Hamburger, D. J. PledgeI,
: | George SWdTDrlCk, I. j. DeTDcS, WHO SIldll
elect from their number, soon as the cor
poration is formally organized a President
, Vice President and Secretary Treasurer
, which said officers shall serve such UNI
til the regular annual meeting of the stock
holders is held and their successors elected
and take office, the date of which shall be
fixed upon by the Board of Directors. Va
cancies caused by death resignation absence
or inability TO serve shall be filled by the
, remaining members of the Board. A failure
! to elect a Board the date fixed upon by
the Board shall not have the effect of dis
, solving this corporation but the directors in
. office shall continue 10 serve until their
: successors are elected and assume office.
|, The annual meeting of the stockholders of
this corporation for the election of officers
shall be held on the third Monday of Febru-
ary of each year and the directors chosen
to represent this corporation shall hold of
flee until that date in 1,O until their
successors duly elected and qualified. In
case vacancies occur during the year same
. | shall be filled by the remaining directors or
director
ARTICLE VI.-This charter may modified,
changed altered or said corporation may
: be dissolved with the assent of stockholders
: owning two-thirds of the enure capital stock,
at a general meeting of the stockholders con-
= yened for that purpose, after fifteen Q5)
. days written notice of this meeting has been
4 given through the mail, addressed to each
= stakeholder at his last known place of resi-
" dence. The corporation may likewise be
. dissolved whenever all the stockholders
: shall assent, in writing, to a dissolution,
!, | in which event no meeting shall be neces-
!. sary, but such consent must filed in the Of
: | flee of the Secretary of State and the proper
certificate obtained. In case of dissolution
by the expiration of this charter or other
. wise the stockholders shall elect one or
: more liquidators from among their number
n to liquidate and settle the business and
wind up its affairs. In of the death
+ of said liqudator, if one be appointed,
e successor shall be elected; in case more
e than one should be elected the remaining
t lqudators shall serve, who shall have full
II power to settle said company's debts collec
/. outstanding accounts due the corporation o,
ID TO sue in the court for the recovery of same
& The subscribers hereto have respectively writ
n tn opposite their names the amount of stool
il in this corporation subscribed for by each O
lie them, that this act of Incorporation shall
serve as the original subscription list o
Of said corporation.
n Thus done and passed in my notarial OF
y flee in the City of New Orleans, aforesaid
d. in the presence of Messrs. Lewis W. Raw
b. lings and George E Morris, competent wit
er nesses, of lawful age and residing in thi
IN City, who hereunto subscribe their name
Id together with said parties and me, Notary
rs on the day, month and year set forth in tn
caption hereof.
II Original Signed Julian NJ. Swoop, 81
&c Girod ST., 10 shares; M. Schegel, sO7
IN $50 5. Peters, 10 shares; George Swarbrick
III $50 ) Peters, 10 shares, per n. ]. Nutter
et 5. y. hamburger, III Canal St, 3 shares
OF {. J. Derbes, go Common, shares; F. ]
er Derbes, 40 Common, shares; d. Sweivrght
1924 Elm ST., S shares; +. c. Brown, II
J. Canal ST., shares; Thos. ]. Flanagan, u
>, Common, shares; ID. ]. Pledger, 5763 Cal
:. - ina, Is shares; d. J. Pledger, s763 Catins
"a, 81 shares; ID. J. Pledger. sos Catina, 5
~ shares, preferred; A. Maxwell Brown, g
lS Chauncey St. Boston, / shore; E. NJ Stai
.n ford, 20 Hennen Bldg, New Orleans
n shares: James Kelly, 72S Magazine ST.,
!: shares; A. II. Roy, 720 Common, 10 share.
- Witnesses: L. w. Rawlings, George T
} | Morris.
VI ETIfELRED NJ. STAFFORD
Notary Public.
> |, the undersigned Recorder of Mortgages
in and for the Parish of Orleans, State {
es Louisiana, do hereby certify that the abov
Oh and foregoing Act of Incorporation of tn
We Pledger Appliance Co., Inc. was this da
t,i duly recorded in my office in Book 122
ny Folio l3l.
cd New Orleans, March 18th, 1919
(Signed) EMILE J. LEONARD Dy I
- true copy.
R. ETHELRED NJ. STAFFORD.
re Notary Public.
II Mch. 1-H; Apr 3i0-l7-24
, CHARTER OF THE GULF COAST cATTL
COMPANY, INC.
State OF Louisiana, Parish of Orleans Cit