The herald. [volume] (New Orleans, La.) 1905-1953, 1920-11-25
CHARTER.
ARTICLES OF INCORPORATION OF
j. A. REYNOLDS CO.. INC.

OF lTe o. tbonsand nine hundred and
twenty. and of the Independence OF tnS
United States of America the one nun W.
and forty-ifth before me, Martin Ii. Man
ION a Notary Public, duly sworn, cOmhlS-
stoned and qualified, in and Tor the farisn
of Orleans, therein residing anu IN nhs
presence of the witnesses MI 'IIs, 49,
and appeared the persons whose names are
hereuntO subscribed VINO SeVeraHy ne
cIared that, availing themselves OF the
laws Of the State of Louisiana, IN such
cases made and provided, they have COW
enapted and agreed, and do by these pres
pnts covenant aud agree and Dlnd them-
selves, as well as all such persons as may
5.ra,fter become associated with them, TO
form a CORPORATION for the objects anu
nnrDoses, aud under the articles and stlp-
ulations following. to-wit:
ARTICLE 1.-The name Of this Corpor-
alton shall be -. \. Reynolds CO., Inc
and under said corporate name II shall
10 poysr and authority to enjoy sue
cession for the full term and PERIOD OF
ninety nine years from and atter the uate
hereof: to contract, sue ana De sue9 70
make and use a corporate seal' anu tne
same TO alter or break at pleasure 10
hold. receive, purchase and convey, as well
as mortgage and hypOthecate property,
real. personal and mixed, cOrPoFeai anu anu
incorporeal: TO name and appoint suCh
managers agents. directors and Officers
as its business interests and convenience
may require, and to make ana estaDlsh'
time such bylaws. rules and regulations
for the proper government OF the AFFAIRS
of said corporation as may be necessary
and proper.
ARTICLE 1.-THE dOmicile of said cor
poration shall be in the City OF New Or
leans state of Louisiana, and all citations
or other legal process shall be served
upon the President Of said corporation; or.
in his absence, upon the Vice President.
and, in the absence OF both OF SaId OH,
80 rpf "A t
corporation.
ARTICLE III.-The objects and pur-
poses for which this corporation is eStab.
lished and the nature of the business 70
be carried on by IL, are hereby declared
10 be plumbing and heating and general
contractors in any line whatsoever. and TO
do all things incidental to or connected
with the purposes aforesaid.
ARTICLE IV.-The authorized capital
stock of this corporation Is hereby de-
clared to he ten thousand dollars lSlo-
OOO.OO). with a paid in capital of seventy
five hundred dollars ,(ST50OOO). and priv
ilege of increasing the capital stock to III"
sum of twenty thousand dollars $50
OOO.OO). This corporation shall be going
concern when Seventy--tve hundred dollars
(SI5OO.OOD of stock shall have been sub
scribed and paid for.
ARTICLE V.-An the corporate powers
of said corporation shall be vested in and
exercised by a Board of Directors TO he
composed of not less than three Stockhold-
for the transaction of any and all bust
ness. The Directors shall be elected an
nually on the first day of October of each
year. except the first Board of Directors
appointed in this charter, whose term Of
Office shall begin when this corporation
shall be going concern. All Directors
shall further hold office until their sue
cessOTs are elected and qualified. Notice
of election shall be given by registered let
ter not less than Is full days prior to
such election, addressed to the last known
residence of the stakeholder. Every stock
holder shall be entitled to one vote for
each share of stock standing in his name
on the books of the corporation, to be cast
in person or by proxy, and a majority OF
the votes cast shall elect. Any vacancy
occurring among the Directors, by death
resignation or otherwise, shall be filled
by election for the balance of the term OF
the Board by the remaining Directors. \
failure to elect Directors on the date
above specified shall not dissolve the cor
poration, but the Directors then in office
shall remain in Office until their successors
are elected and qualified, and shall caus,
an election to be held as soon as possible
thereafter. when due notice thereof shall
have been given as heretofore provided
The following named persons shall consti
tute the first Board of Directors, and hole
their offices until the next annual election
or until their successors shall be elected
and qualified: John A. Reynolds, Presi
dent; Louis II. Faiyre, Secretary Treas
urer; William p. Powell, Vice President
The Board OF Directors shall elect iron
their number a President. Vice Presiden
and Secretary Treasurer. The Board ma,
select one as Secretary Treasurer who i
not a member Of the Board, or stockholde
rectors may appoint from time to tim
such clerks, agents and other employee
as 1t may deem necessary, for the pur
poses and business of said corporation
and the Board of Directors may make ant
establish, as well as alter and amend. an.
and all bylaws, rules and regulation
necessary and proper for tie support an,
management of the affairs of said corpor
alton. The said Board shall also hav
power to issue and deliver full paid sbafe
of stock for cash, or in payment for labo
done or property actually received by sal
corporation. Each Director shall have au
thOrity to appoint in writing q proxy {
represent him at all meetings OF tn
Board.
ARTICLE VI.-whenever this corpor.
..on shall be dissolved, either by liinits
ton or by any other cause, its affair
shall be liquidated by three commission
ers. to be appointed from among the stool
holders at general meeting to be col
vened for such purpose, of which meetin
notice shall be given in the manner an
time provided for stockholderS' meeting
by Article V. of this Charter, and a m;
1ority In amount Of the capital stock ,
said corporation represented at such NEE
ing shall be requisite to elect. Said con
m1ssioners shall remain in office until n
affairs Of said corporation shall have bee
fuily Hquidated. In case of death OF OF
or more OF said commissioners the yacanC
shall be filled by election by the surviviI
commissioners.
ARTICLE VII.-This act Of incorpor
ton may be modified, changed and altere
or said corporation may be dissolved, wi
the assent of two-thirds of the CAN'T
stock represented at a general meetiI
Of the stockholders convened for su,
purposes and after written notice by regi
tered mail shall have been given 6fte,
DAYS prior to the date fixed for said NEE
ing TO each stakeholder. Any changes pr
posed or made with reference to the ca
ltal stock shall be made in accordan
with the laws of the State of Louisia ma ,
the subject OF altering the capital stock
corporations.
ARTICLE VIII.-No stakeholder sh,
De held liable for the contracts or faul
OF said corporation In any further su
IMAM the unpaid balance due the corpor
ton on the shares of stock owned by hi,
nor snail any mere informality in organ
- ZatlOn nave the effect of rendering m
Charter null or of exposing n stock hold
TO any liability beyond the uppaid anon
remaining due on his stock.
Thus done and signed in nv ofica
the City of New Orleans the day mon
ana year first above written in the mrs
ence of Marguerite g. Stein and Glad
Jene, competent witnesses. who have her
unto signed their names together with I
said appearers and me, Notary, after a
reading fthe whole.
John A. Reynolds. 939 Howard Ave- NJ
Orleans, As shares, $4,000; VIM, L. Pc
ell $50 Howard Ave, New Orleans sha
$4,000; Louis III. Faivre. 939 Howard Az
New Orleans, 80 shares, $3,0OO.0O.
Witnesses. NJ q Stain GIadvS J,,a