The herald., 1920-12-30
CHARTER

pursuance to the provisions of this char
ter
ARTICLE VII-This corporation shall
have all powers granted 10 such corpora
tiouS by law and shall hav" the power q"
contract. sue and be- sued I'm its "o-purai"
name. and 10 own. hold, receive. loan,
lease. purchase. sell and convey or mort
cage any or all of its affairs, or 2" hih"ih.
rrItc its property. and to 81" any ana "I'
acts and things of any Kind. nature or
description as may D" necessary 20 carry
out the objects aud purposes Of said bust
ness 49, its interests and cOnv'nicnros may
require.
ARTICLE vIT.-Th" business Of thi,
corporation shall b" directed by and vest
ed in a Board of Directors. consisting Of
three members. two OF whom shall ""uNil-
tute a quorum for the transaction Of hI-t-
ness and the said Directors as first con
Stftutcd shall he SDabrOn -. Brock. Ilaralr
T. CIaunrh and J. VI. Hendrix. and they
shall hold office until the last Monday ir
November, 1921, and on that day, AMI on
the same day thereafter. elections shall h'
held annually for Directors at tn" priTri-
pal office Of the corporation. Failur" 10
hold an election on In" day specified shall
not dissolve the corporation. hut the Dire.
tors i'm ofIic" shall hold their respective
offices until an election shall hr held after
thirty days motto" of the time and place
thereof given to each stakeholder. The
annual election shall Doe held on the last
Monday ia November. 1921. and thereafter
succeeding year. and the election shall D"
held between tho hours of two and four
O'Clock y. IN. MI vacancies on the Board
| Of Directors. for whatever cause, shall be-
filled by the remaining Directors. S.4brou
! -. Brock shall b" the first President, llar-
die l.. ClHuUoh shall hr tho first Vice Pres
| iient, and J VI. Hendrix shall be- the first
Secretary Treasurer, and they shall hold
| ollie until IN" last Monday in November.
lH-I. or until their Successors are elect
, ed. and each succeeding Board Of Directors
| shall elect its principal officers for the term
| Of their election. and only stockholders
! shall b" rligitl" for election as n member
| Of the EOard of Directors Directors may
! act either in person or by proxy. All con
! tracts. commercial obligations and bank
! checks shall bee signed by the company.
| through the President. or. in his absence.
| sickness or inability 10 act by the Serrr-
| tary Treasurer. All employees of this corr
| poration shall hold their employment sub
/ jcct to the pleasure Of the Board of hi
| rectorS thereof
| ARTICLE IN.-Whcneyer this corpora
| ton is dissolved. either by limitation or
| for any other cause, its affairs shall De-
| liquidated by two or moro HQuidatorS
| named 10y the stockholders. but which
| liquidatOrS need not b" stock holders. who
/ ar" hereby vested with fun power 10 sell
! any or all assets Of the corporation. either
] separately or in a mass. at public or pri.
| waite sale, and 10 convey full and complete
! till" thereto. and shall have fun power Ia
! 40 ana perform an acts necessary ana
| proper 10 fully and completely Hquidatu
! the affairs and distribute the proceeds #
: any. among the stockholders of this cor
/ poration to the amount of stock held by
| each
ARTICLE N.-This act Of incorporation
| may be amended. altered or modified. or
' this corporation dissolved in the manner
| provided by law.
! Thus done and passed in my notaria
| office in the City Of New Orleans state ~
! Louisiana. on the day. month and year
! FIRST hcr"iuabOve written. in the presence
! Of +. Rivers Richardson and Vim. II
! Wright. competent witnesses. who hav,
! hrreunto signed these presents, together
! with the said parties hereto and me, No
tary after reading of the whole.
! Original signatures omitted.)
! Witnesses: +, Rivers Richardson. VIM
| II. Wright.
GABRIEL FERNANDEZ. JR.
(ScaIl Notary Public.
! l. the undersigned. Recorder of Mort
| cages in and for the Parish of Orleans
state of Louisiana. do hereby certify thai
| the above and foregoing Act of Incorpora
tion of the Model Machine Works Inc.
| was this day duly received in my office. il
! Book 1916. Folio 543. New Orleans, No
yember 10th, 1920.
(SignedD EMILE J. LEONARD.
Dep. Rec.
\ true copy of the original of recor,
and on file in my Office.
GABRIEL FERNANDEZ, JR..
lSeall Notary Public.
| Dee. 2-Jan. g.