The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-08
CHARTER.
CHARTER OF GEARY-OAKEs CON-
PANY INCORPORATED

United States Of America, State of Louis.
| lana, Parish Of Orleans, City Of New Or.
leans. De 1t known, that on this ninth
day Of the month Of December, In the
year Of Our Lord, one Thousand. nine
hundred and nineteen, and Of the Inde.
pendence Of the United States of America
the one hundred and forty fourth. before
me, Gustave Joseph Ricau. a notary pub
lie. In and for the Parish Of Orleans.
| State Of Louisiana. and In the presence Of
the witnesses hereinafter named and IN
dersigped, personally came and appeared
the several persons whose names are here
| orally declared: That availing themselves
OF the provisions Of the Laws Of the
State OF Louisiana. in such cases made
and provided, and more particularly Of
Act 267, Of the General Assembly Of the
State Of Louisiana, for the year 1914. they
have covenanted, contracted, agreed and
bound themselves and do by these pres
ents covenant, contract, agree and bind
themselves. as well as such persons as
them. to form themselves into and con-
stitute a corporation and body polite In
law. for the objects and purposes and
under the stipulations herein set forth.
which they adopt as their charter, to-
wit:
ARTICLE 1.-The name Of this cor
Incorporated, which may be abbreviated
to Geary-Oakes Co., Inc.
ARTICLE 1.-THE objects and purposes
for which this corporations is formed and
the nature of the business to be carried
on by 1t are hereby declared to be:
To engage generally in the construction
and general contracting business, for the
erection of buildings, wharyes, and the
improvements on real estate, and for the
demolishing of buildings, and to do a
general contracting business, and carry
on any other business or enterprise which
may be incidental or germane or con-
nected with the construction, erection, or
demolishing buildings.
ARTICLE III.-The amount Of the capt.
tai stock of this corporation IL hereby
lars ($1.500) and which capital stock may
be increased to the sum Of fifty thous-
and dollars ($JO,O00J, said capital stock
divided into one hundred and fifty shares
Of the par value Of one hundred $1,000 dol
lars each, the stock shall be paid in cash
when subscribed for or may be issued
In whole or in part Mt not Jess than par.
for the property or good will actually pur-
chased or received by II. No fractional
shares shall ever be issued.
No transfer. sale or other disposals of
the stock In this corporation shall be
stockholders Of this corporation at the
book value thereof, az established by the
last inventory, and when said offer has
been made to the corporation, II shall be
the duty OF the secretary -Ireasurer 10
advise the other stockholders and they
shall have an opportunity to purchase
said stock. On failure of the said stock
holders to avail themselves of such offer
to acquire said stock after thirty days
notice. to each stakeholder BY registered
mail. the stock may be sold by the owner
thereof at will.
All stock acquired In this corporation
shall be subject to this provision Of the
charter.
The location Of the domicile Of this cor
poration shall be in the City Of New Or
leans. State Of Louisiana. and service Of
citation or Of all legal process shall be
made upon the President Of this corpora
ton or in case Of his absence or inability
to act, on the Vice President. or Secretary
Treasurer. In the order named, and said
corporation shall have and enjoy sue
cession by its corporate name for q period
Of ninety mine years from the date Of this
act.
The business and al.airs Of this cor
poration shall be conducted by, and all
Of the corporate powers vested In, and
exercised BY q beard Of directors COM