The herald., 1919-05-08
OF INDUSTRIAL CITY
-a,RTER O,,p.\Y. INC.

q the nne thousand hiHe ,,Iir,D', of tho
lord, on and of the ihdtpet tGe ono "a bnmo
rated Sla,y third, befOr~ me, Augustus
I'd and 1oI's Notary Public, duly com
q Willlainsi sworn, IN and for the ParlSh
visioned anu nd therein residing, person
n orleans a onpeared the several persons
N, cane ah es are hereuntO subscribed
sbOse I1,s ad that, awaiting themselves OF OF
sho decNand constitution OF tue oiate ot e
bs.is6a relative to tnG io i ct" as7 of
.srporatlOns,d 40 hereby form themselves
tel4. tpey 80 and successors into cor
,hsr assocId body polite in law for the
rorati0n AM rrnoSeS and uudcr the agree
sbiects am PStipulations h, rein contained
mebts anu hereby ADOPT as their articles
sbieh .Ihn6ration or charter lo-"t'
d Dsu~1irrIrI-The name and style OF TINS
ARIl1,an shall be Industrial tity 90.
tsrPoiSnS under said nam' II snail h"o :,
lsc. ana syistencn ior period OF
corporate rears from this date and shan
tlneiy ME- snioy all the rights, PRIV
Aspe anu advantages granted by
ipses % @ Corporations; IL shail nave
kE 10 cantract, TO ,1c ana 10 be
Fose &c corporate name, 10 mike anu
sged u corpOrate seal, ana Inc same u
sS ue alter at pleasure, 20 hoIu' re-
heak VI ShsSe convey, mortgage ana
tu'.,hacate or p!eu=t pr -. a,,J
hyPotheOIannaI. 70 issue bonds. notes, ana
I'D pefsyn',stions: to have and employ
cher oaS,ars directors, officers, agent :
arh maha7 amnloyees as the interest ana
and oIn,. a of said corporation may re-
sBSenlen'' make and establish such by
cure .sIes and regulations tor the cor
hss engagement and control OF tht
PeisR. N the corporation as may pt
diAis necessary and eXpedieht' ana !to
hnr
,orIrLE 1.-THE objects ana purpio osI
BIISStob This corporation Is organized
! tG Will no,ure and character of the bust
I'D lhe ha carried on by ii are hereby
Fs 20 he: TO deal in, buy and
Gelhesa its own account, or fOf
I'll oarnt of others, real estate
tsnements, mortgages, mortgage
anus md other securities; to rhlse stoch
~" ,sru products Of all varieties ana
s iNaass Of same and otherwise 10 ehSas'
aspUane,sl farming and to contract Win
20 do so; TO borrow money on
Haus reaI or personal, TO lease, REM
ppThit..e, nroperty, and to make leases
ha Mn and improve landed or swamp
l u m Law out town lots or suburbs
Rpei.: -.ss,s sidewalks and alleys, tC
r,aarn sewers. drainage, water ana gas
~ - IA connect with the munlclpal pants
EPtss Tho sole use of this Company; tC
miles
~ r. uires for electrical transmission
m. a.es,rnct or erect or to contract fol
esonstrurti0n and erection of buildings
~ n,hsr improvements; and generally
:. IA and engage in any other business
.is,tsking or enterprise connected WIN
..arinr out of, germane and Incidental
!. sny of the purposes herelnaDoNe SCI
tsr1 and Contemplated 0y TINS charter:
@IpTICLE 1.-THE capital stock of this
..,ro,stion shall be Fifty Thousand Dol
~ IA OOOOW divided into and repre-
~ Ia nv five hundred shares (5O0) OF
~, ralue of One Hundred Dollars
luei An each. which may be paid for in
W =, nroperty. All shares of stock
All he full paid and assessible. No
p,sasfer of stock shall be binding upon
\. cornoration unless made upon its
- ma ali certificates of stock shall
= dened by such officers as may be
s.sig1sted by the Board of directors. The
.saital stock of this corporation may be
Iss,ssed TO Two Hundred and Fifty
T1ousand Dollars (S250,OOO.OO.
Article Iv.-The dOmicile of this cor
,aston shall be in the City of New Or
ans State of Louisiana. All legal pro-
so and citation shall be served upon the
PRESIDENT, and in his absence upon the
yeePresident, or upon the legally
mtherised acting President OF said Com
pHy.
ARTICLE y-All the corporate powers
d thls corporation shall be vested in, and
bs Management and control of its affairs
hall be exercised by Board of Direc-
ns This Board of Directors shall be
sseted annually by ballot by the stock
ialders on the first Monday of February
d each year; the stockholders at the
Nd meeting shall designate the number
Il directors who shall be chosen for the
IL hos Ia
III Ialessed or decreased at each annual
melting Of the stockholders, as the stock
holders may determine. but at no time
hall the number of Directors to be elected
n less than three. Each stakeholder shall
b entitled in person or by proxy, tt
ws for each share Of stock by hin
mnd, and all elections ana meetings Dy
be stockholders shall be held under Sucf
nls and regulations as may be de
rmined by the Board Of Directors
ystces for meetings of stockholders shall
y sent ten Cl0) days previously to thu
nd meeting in writing by mail, postage
pNpaid to the last known address of thu
Nd stockholders. The Directors thu:
sected shall continue in office until thu
ny Monday in February 1921, or unit
adr successors shall have been duly
tsd Directors shall be regarded as ,
Msilpre of this charter but the Direc
an then In office shall continue as sucl
n1 their successors are elected ant
NaH1ed. A majority of the Board o
lNttors shall constitute a quorum fOl
transaction Of business Any vacancy
starring on the said Board of Directors
Asen annual elections, shall be filled
ne remaining Directors for the unex
ffd term. The officers of said corpora
~ shall be President, a Vice Presi
~ and a Secretary and a Treasurer
oiliee Of President and Treasurer ma.
eembined. Any Director shall hav,
Ensht 70 appoint by written instrument
INaef Director or stakeholder to act al
n po1y and In his stead at any anC
y meetings. of the Board of Director
m,y and as affectually as though h
~ hmsel present. The Board of Di
Mss snail fix the salary and cOmpen
..sla o. the officers of this Company, ant
@la nx the compensation of the mem
me Board for attending any an'
meetings of the Board; provided
IN f, mat Director of this COmpan,
n..sa NV receive such compensation TO
udace IL he be an officer of the Com
director shall not be disqualified
aea, or as an officer, from voting I,
IN owp salary or compensation: no
y ee disqualified from participat
s.usa.. ana voting, by reason of persona
A. on any subject matter. TIL
y n Mtg OF Directors shall be composed
wired Gaidry, President Treasurer
IN a. oesselin. Vice President. A. G
mi s,sSrs,ary. These officers shall serv
~. me nrst Monday in February 1872
t.sssa l iheir successors are elected an,
n ' sS; On the first Monday in Febru
ssa,a - and annually thereafter tn
INA" directors shall elect from thei
apT,c,g ,iicers as above described.
A. LIZ Vl--The following is lis
"a. names and Post Office addresse
subscribers to these articles o
k Il ssa and statement of the mum
ak s s.s OF stock which each agree
W S,s assrein: W: E. Gosselin. 1916 Hamp
O. Sasss zone share) J. Wilfred Gaidry
IN a' ssa Liberty Street, Zone share); i
sarS Grayier Street, tone sharel
b, h.a sad Co, Inc, 302 Hennen Bids
vi W INJURED and ninety seven sharesJ
ARrir1 Gaidry, President.
~ 1. vII.-No stoekholder sboI
ss,,s,.a eld liable or responsible for tn
Nj M .Salts or debts of this CORPORA
ssss,.Mall any mere informality i
in shn have the effect of render
ssasaIa.ssa arter null or of exposing