The herald., 1920-11-18
CHARTER.
ARTICLES OF INCORPORATION OF
j. A. REYNOLDS CO.. INC.

our Lord, one thousand nine hundreu an'
twenty and of the Independence OF tn
United States of America, the one hundred
and forthwith. before me, Martin il. Man
ion a Notary Public, duly sworn. commits
stoned ard qualified in and Tor the iarlst
| of Orleans, therein residing, ana IN th'
presence of the witnesses hereinafter
| named and undersigned, personally came
and appeared the persons whose names are
hereuntO subscribed. who Severaliy De,
| clared that, ayailing themselves or the
! laws of the State of Louisiana, in such
cases made and provided, they have COW
| enantcd and agreed, and do by these pres
/ cuts covenant and agree and bind them
| selves. well as all such persons As may
| hereafter become associated with them. Ia
! form corporation for the objects ana
| purposes, and under the articles and sup-
! ulatiOuS following. tO-wit:
| ARTICLE The name of this COrpOr-
alton shall be y. \. Reynolds Co, Inc.
and under said corporate name 1t shall
| have power and authority To enjoy sue
CessiOn for the full term and period of
ninety nine years from and after the date
hereof; to contract. Su" and be sued, TO
make ana use Il corporate seal, ana the
same to alter or break at pleasure; to
hold, receive. purchase aud convey. aS well
as mortgage and hypOthecate property,
real. personal and mixed, corporal and
| incorporeal; to name and appoint such
managers. agents. directors and officers
aS its business interests and convenience
may require. and to make and establish.
rs well ~ alter and amend. from time to
time. such bylaws, rules and regulations
:Or the proper government of the affairs
of said corporation as may be necessary
and proper.
ARTICLE 1.-THE dOmiciIr of said cor
pOratiun shall b" in the City Of New or
leans State of Louisiana, aud 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 Off
GERS upon the Secretary Treasurer of said
corporation.
ARTICLE II.-The objects and pur-
poses for which this corporation is cStab-
liShed. and the nature of the business to
be- carried on by II, ar" hereby declared
To 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 IN.-The authorized capital
stock of this corporation i hereby de
"lared 10 be- ten thousand dollars $50
$4,000. with paid in capital of seventy
five hundred dollars .t$IJOO OOl. and priv
lleEe of Increasing the capital stock to the
sum Of twenty thousand dollars $50
100000. This corporation shall be Il going
concern when Seventy--tive hundred dollars
N'IoVoV OF stock shall have been sub
Scribed and paid for.
ARTICLE N.-An the corporate powers
OF sand corporation shall be vested in and
exercised by Board of Directors to Ice
composed of not less than three Stockhold-
erS for IN" transaction of any and all bust
hess. The Directors shall be elected an
nually on the first day of October Of each
year. except the first Board of Directors
appointed IN TINS charter. whose term of
office shall begin when this corporation
shall be going concern. All Directors
shall further hold office until their sue
cesSorS are elected and qualified. Notice
OF election shall he given 10y registered let
ter not less than IL 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
"a of ST. IL IL
on the books of the corporation. to be cast
IN person or by proxy. and a majority of
III" votes cast shall elect. ANY vacancy
occurring among the Directors by death
resignation or otherwise, shall he tilleG
by election for the balance of the term Of
the Board by the remaining Directors 4
failure to elect Directors on the date
above specified shall not dissolve the cor
pOratlon, but the Directors then in Office
shah remain in Office until their Successors
are elected and qualified. and shall cause
an election to be held as soon as possible F.
thereafter, when due notice thereof shall |
nave been given as heretofore provided /
Inc following named persons shall conSti- /
tute the first Board of Directors. and hold /
their offices until the next annual election, /
or until their successors shall be elected
ana qualified: John \. Reynolds PreSi- /
dent; Louis ii. Faivre. Secretary-T Treas /
urer; William L. Powell. Vice President /
The Board of Directors shall elect from
their number a President Vice PrrsidruI |
select one as Secretary surer who i |
not a member of the Board or stockholdcr
In the corporation. Said Board of hi
rectOrS may appoint from time 70 time
'uch clerks, agents and other employees
as IL may deem necessary, for the mr.
poses and business of said corporation
ma the Board of Directors may make and
establish, as well as alter and amend any
md all bylaws. rules and regulations
necessary and proper for tire support and
management of the affairs Of said cOrpor |
ltlOn. The said Board shall also have
'ower 10 issue and deliver full paid shares |
II stock for cash, or in payment for labor
lone or property actually received by said
corporation. Each Director shall have an
horlty 10 appoint in writing proxy 10
6Oard. VI '"'
ARTICLE VI-Whenever this cornoro.
ION shall be dissolved, either by limita-
ron or by any other cause it's affairs
nan be hquidated by three commission
rs 10 De appointed from among the stock
olders at general meeting to be con
tned Tor such purpose, of which meeting
Otlce shall be given in the manner and
iIle provided for stockholders meetings
y Article '. of this Charter, and a ma
GRITTY in amount of the capital stock of
ana corporation represented at such meet | ,
nS shall be requisite to elect Said com.
itSsIohtrs snail remain in office until the
hairs or SAID corporation shall have been ,
ully lquidated. In case of death of ono ,
T more OF said commissioners the vacancy |
hall be filled by election by the surviving ,
ARTICLE VII-ThiS act of incorpora- {
ION may be modified, changed and altered. | /
T SAID corporation may be dissolved. with {
he assent of twO-thirdS of the capital {
tock represented at general meeting |
the stockholders convened for sucb 4
imposes and after written notice bv regis &
'red mail shall have been given fifteen {
avs prior to the date fixed for said meet | /
lS 10 each stakeholder. Any changes pro- ]
osed or made with reference to the can 6
al stock shall be made in accordance q
'lth the laws of the State of Louisiana on Z
ne subject of altering the capital stock of I
Operations. {
ARTICLE VIII.-No stakeholder shall |.
g held liable for the contracts or fauitS
Sald corporation in any further sum :
nan the unpaid balance due the corpor,, :
on on the shares OF stock owned bv him
or snail any mere informally in organi- :
htlon have the effect of rendering this
hdrter null, or of exposing a stockholder r
, any liability beyond the unpaid amonnt :
due on his stock. ! !
mus done and signed In nv Office in g
ne city or New Orleans. the day. month b
M year hrst above written, in The pres- a
nee or Marguerite G.. Stein and GLADYS {
me competent witnesses, who have here a
ny ny signed their names together with the e
fading fthe whole uue I
John \. Reynolds 939 Howard Ave Nav o
rleans. - shares, $4.5OOOO: VIM p Pow
u 10 oS9 Howard Ave, New Orleans, / share
loUVU; Louis II. Faiyre, 939 Howard Ave
Z" orleans, 80 shares, 100000
witnesses: N. G. Stein, Gladys Jene.
MARTIN H. MANION, Not. Pub. a
II