The herald., 1919-08-14
CHARTER OF THE ALGIERS SASH, DOOR
AND BLIND MANUFACTURING
COMPANY, INCORPORATED.

State of Louisiana, Parish OF Orleans, Clty
of New Orleans Know all men by these
presents; that on the 18th day of July. 1919
before me, William Robert Ker, Notary
Public, duly commissioned and qualified, IN
and for the Parish Of Orleans, City of New
Orleans, State of Louisiana, and in the pres
ence of the witnesses hereinafter named and
( undersigned; personally came and appeared
the several persons hereinafter named and
undersigned. who declared that availing them
| selves of the law of this State of Louisiana,
| in such cases made and provided for and on
behalf of themselves their assigns and sue
cessors, they do hereby form themselves into
and establish a corporation under the name
and for the purposes, and under the terms
and conditions set out in the following char
ter. to-wit:
| ARTICLE 1.-The name of said corporation
shall be "Algiers Sash, Door and Blind Manu-
featuring Company, Incorporated" and its
domcie shall be in the city of New Orleans;
the said corporation shall have all the
| ri ghts powers, privileges and capacities which
are now or which may hereafter be given
to like corporation by the laws Of the State
of Louisiana, or of any State, Territory or
Country, foreign domestic in which 1t
may do business; said corporation unless
sooner dissolved in accordance with its Char
ter or the law, shall exist for ninety
years (9g after the date hereof The presi-
dent or in his absence the. vicepresident
shall be the officer whom citation and other
process shall be served
ARTICLE 1.-THE purpose for which this
corporation is organized and the nature OF
the business TO be carried on by it, are de.
clared to be: To carry on the business OF
manufacturing Doors Sash. Blinds. TO buy
and sell lumber of all kinds, and to engage
in all lines of business germane to II.
ARTICLE III-The caaital stock of this
corporation is hereby fixed at the sum OF
Five Thousand (S5,OOo0O) Dollars, divided in
to Fifty Shares, at the par value of One
Hundred Dollars EACH which may be in
creased up to the sum- of Ten Thousand Dol
lars (S10,OO0O0); said stock shall be paid
for in cash, or its equivalent in property,
skill, or labor at the time of issuance of the
stock thereof, and no stock shall be issued
until fully paid for.
ARTICLE IV.-The corporation shall be-
gin business and be going concern when
Two Thousand Five Hundred Dollars ($2,,
$4,000 of its capital stock shall have been
subscribed and paid for required by law.
No stock shall be transferred except on the
books of the corporation, or until the certti-
cate evidencing the same shall have been
surrendered. and that the corporation may
treat the registered holder of stock as the
owner thereof to all intent and purposes. All
powers of this corporation shall be vested in
and exercised by Board of Directors, com
posed of four stockholders. The officers Of
this corporation shall be a President, Vice
President, a Secretary and a Treasurer, or
the functions of the treasurer may, by the
said Board be conferred on any other officer.
The Secretary need not be a stakeholder or
member of the Board of Directors. The
following persons shall constitute the first
Board of Directors: Charles J. Cieutat,
President; John B. Cieutat, Vice-President;
Charles P. Cieutat, Secretary; John B. Cieu-
tat, Treasurer, which said board and officers
shall continue in office until July -, 1920,
on which date and annually thereafter
Board of Directors shall be elected. Notice
o: 5ucn election shall be given in writing ten
days previous to such election to each stock
holder at his present address. Such election
- III h. II latin he
Board Of Directors may prescribe and under
the supervision of one or more commissioners
appointed by said Board The failure for
any cause to elect the Board on the day
named shall not dissolve the corporation. but
the Directors then in office and the officers
snail remain in office until their successors
are chosen. Each stakeholder shall be en-
titled to vote for each share of stock
registered in his name to be cast in person
o. by proxy, a majority shall elect. The
board shall have full power to fill all va
caucie: in the board. The officers of this
corporation shall have such powers as are
prescribed by the board, and shall receive
such salaries as the board may from time
such officers, agents employees they
deem necessary for the business Of the cor
po7atior and fix their compensation. The
action of the board shall be supreme.
ARTICLE V.-This charter may be amend
ed or the corporation dissolved at a meeting
of the stockholders convened for that pur-
pose with the assent of two-thirds of all the
stockholders as provided by law. Notice OF
said meetings shall be given as above pro-
vided. At the termination of this corpora
ton or the dissolution thereof It's affairs
shall be liquidated and wound up by three
commissioners elected from rne stockholders
at a meeting called for such purpose as above
provided, said commissioners shall remain
in office until the affairs of the corporation
shall have been fully liquidated; any vacan-
cies among them shall be filled by the sur
vivors. No stock holder of this corporation
shall ever be held liable for any Of the
tracts or faults Of the corporation in any fur
Their sum than the unpaid balance remaining
due the corporation the shares Of the stock
subscribed or owned by him, nor shall any
mere informality in organization have the
effect Of rendering this charter null or OF
exposing any stakeholder 10 any liability.
ARTICLE VI.-The signers hereof declare
that they and each of them here severally
subscribe to the number Of shares of the
capital stock Of this corporation, written OPP
posite their names, this declaration TO stand
and serve as the original subscription list
of the corporation. Charles J. Cieutat, No.
42S Elmira Street, New Orleans, La, shares,
$4,000; John B.. Cieutat. No. 428 Elmira
Street, New Orleans, La, shares, $4,000;
Charles P. Cieutat, No. 42S Elmira Street,
New Orleans. La, 8 shares, $4,000; John J.
Cieutat New Orleans, La, 81 shares, $1,000
Thus dane and passed in my Notarial Of