The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-11
CHARTER.

lease or otherwise. and to manutactur"
and construct machines OF any klnd or
character. and To equip, erect and install
the same for use and operation by elrc-
tricity compressed air, OIL gas or ny
other means of motive power, and TO OPP
rratr use sell, lease and hire the SANE.
And to carry on any business necessarily
connected with. incidental to. or Comph-
mtntary to the objects stated. CD 10
| enter into, make, perform ana carry out
! contracts of every kind and nature, hot
contrary to law. with any person nLn,'
I,ssociatiou or corporation, and to carry
ru amy other business which. under IN"
law. if may be entitled TO conduct. when
NAV seem to the corporation TO be CAT
Irulatcd directly or indirectly 10 eject
! tho aforesaid objects. or In" either OF
/ tb.r, or TO facilitate il in tn" transaction
! of it's aforesaid business or businesses
| or any part thereof, or III IN" trahNa''loh
nf any other lawful business that may De
/ ,.oI.ul,ted directly or indirectly, to en-
h,nrn the value, of. or to render profitable,
any of the corporations property ana
RIGHTS and generally TO hold ana "Ntrrlse
all such incidental powers ana priNl'E'N'
| rs relate 70 the objects and purposes mere
iu,boy,s set forth. pr 1S may u" necessary
Ius,ful or convenient. in cnrctinE Sald Cd
ircts and purposes.
ARTICLE V.-Thc authorized capital
stock of this corporation is hereby ue
cI9rrd to be the sum OF -FOUR hunui,u
|,hou.,ud dollars The presently huIhoI
/ i,ad r.pital stock of this corporation Shhil
h. rnprrsrnted by four thousand ShartS'
Ar n par value OF on" huhur'u u''I"i
leach The said capital stock Shall De I'P
rn..nt.d by certificates, aud shall De per
or,I nroperty and shall be- fully PAID LOT
in ,,Ih or property. and non -aSNtSNa"II,
when issued. No transfer OF sto'A sn I
a. binding upon this corporation uhirHS
nod. in accordance with its charttT an"
- md recorded on the books there
IL pf tn. said capital stock, OF Tour hui,
. Jrcd thousand dollars II Is now asr''I
among the stockholders, that i-ouiH
. NartI of New Orleans, La Suall 80
scribe for one hundred one thonsahu uoi
, 49, of the capital stock, and the Hal,i
. ouiS J Martel shall pay for Saiu N'".N
. nv transferring to tins corporations 'n.
. hundred and one shares, htld ny MN, "
the capital stock III tht i'I,' l "a
I,'outpaIlv. Inc. which stock, a'toruinS ~
/, ~. ,,b. rtar of said corporation, Il OF par
) value of one hundred dollars. Ana 4 ma,
. iri,v nf the Board of Directors ot th'
1 Martel Apparatus company. in'.. -
; this charter hereby aFpralSe ana NaIu'
~ ono hundred aud one shares OF III"
,,piruI stock of the Martrl fllttr ON
many. Inc. to Lee transferred by LOU
Nyrt,l at the sum OF on" hui"i'N ""
,L,u..,nd dollars. And il l. further aEr'ti
Wv, '.i,ur.,t.d that Louis j. Martel SHAH
p sell transfer and assign TO tue NarI'l NJ
p paratuS Company, Inc. the rishI dnu -, ~,
| H.. which he aS inventor. has. 10 patent
4 in all foreign countries and possessions
. - tb,n III. United States of America
| IN his inventions for the nliratlOh oi
2 sugar solutions, juices SNrupS' cit u ,,,i
. in tho manufacture Of sugars. SNTuPH 49,
. | r,oI,ss.S And he shall transfer III "uhi
: ,ia,, ali putrut> and rights he has ac'
. ,uir.d with regard To inventions ana as
e. IroverirS above described. IL p;l"- ~
}. intention and purposes OF the PdrI'H
In tbnt Louis J. Martcl shall ASSIGN trans
, Tor md deliver all patents, trade MARKS
!, and all rights hr has 10 patent anu %
- tain trade marks. in foreign cum ~, ~
n his Invention, for the hltralloh OF
- soIutionS Juices syrup>. etc, uSed III w
.,,,,, ,.,r,ura nf sugars. >yrupS ana mo
, II,ssas IL i further agreed ana sllIu
= lated that Louis J. Marie! shan .upS . wv
for one hundred and twenty-five nous" ,r.,,l
dollars stock in consideration OF tht u ''l
o Tor nv Iouis j. Martel Oh his rights dn'
: pat,ntS and rights 10 patent anu JILL ,;,,
- trade marks for his aforesaid luNehti"n
Il In FOREIGN countries, that he shall II" SlEtl
u one hundred and twenty hye Thousand uoi
II I,rs of the capital stock of the Marlrl AP
=, ,rpTltuS Company Inc, ana niaJoIL,S
II IN, BOARD of Directors OF the Martei +Np
IL poratuS Company. Inc, signing this M
Ter. hereby dppraise and value the san
nnt,ntS and rights ut one huhuF'u w
ty-tve thousand dollars. IL - i"l -
greed and stipulated that the caPi'ai III !,
- Subscribed for by | ouiS j. Martel ShaIl .
D. is.ued TO him upon his transferring III
Jfore>aid one hundred one SharcS oi S'V,
in the Martei Filter Company, lh,.' an an
J. his aforesaid patents, ana rlSn's 10 p"i'
=
b. stock shall be considered as fully pald 10
s. The total subscription and totai amour
ne of stock to be issued to Louis j Mart
of - a. follows: Subscription S2-o.OOO.O'
h. .tort 70 he issued 226000O0. CTwO hui
nv dred and twenty-SiX thousand eachJ
d. ARTICLE V.-The business OF TINS COZ
Is, poration shall be managed, ana an co,
&c norate powers thereof shall be weston Il
nd and exercised by Board OF DIRECTORS
r NOT les than seven stockholders nor MOI
re than fifteen and Il majority OF director
p either present. in person, or represent
he by proxy, shall constitute quorum
u ARTICLE yI-The first Board OF II
Nv rectors of this corporation Is hsreSS n ON
u / NnrtpL whose DOStoffice address Is "a
lE Valmont street. New Orleans Id, Do'
ar elson Gallery. whose pOStOhice address
by 500 Naison Blanche Annex, New Orlean
n Ia. Frank Bethun", whose postohlce az
no dress is sos Perdido street. New orlean
ed Ia: George H. Conrad, whose poStoni
a address is J00J Dauphlne street N'W "
nd leans La Horace Wilkinson, whose pos
IL office address is Port Allen, La; John
it: Minor. whose poStoffice address is Biio'
nc Miss Charles Wilbert, whose pOStoiice a
MS dress is Plaquemlne, La win nouLS
ia Nartel as President: John II. Minor
-; Vice President, ana George ii. Conrad
-: Secretary Treasurer. Said Board of l
~ rcctors shall serve until the first meetll
nd of stockholders. for the electloh Oh pire
nu tors ~or until their successors are elect
~ or qualified.
an ARTICLE VII-On the first Monday
nv January, 1920. and annually thereafter
- the first Monday in January in each We;
80 , meeting of the stockholders of this CO
~ noration shall be held at its domiclle, !
,,ppI the purpose of electing Directors for |
il' ensuing wear. failure, from any eau
~ Whatsoever to hold the annual meeting
IN Stockholders or the failure to elect 1
Nv. rrctors at the time stipulated above, sn
Ut not dissolve this corporation, nor an'
II the business of same, but the blrectC
ler and officers then in office shall remain
IN office until their successors shall nav" ne
sue respectively duly chosen. elected quallh
It's and installed.
pr ARTICLE VIII-This Charter may
r. amended and the capital stock OF TINS G.
tnt Doration may be increased or decreased,
II this corporation may be dissolved III
,ch method and manner provided by law.
md ARTICLE IN-No stakeholder of q
nts CORPORATION shall ever be held liable
o. responsible for the contracts or faults
80. IthiS corporation in any further sum IN
- the unpaid balance on the stock, for WI
~; he has subscribed, nor shall any INFORM
~, ity in organization have the effect or r.
pE dering this charter null or of exposing
SIS SIS. stakeholder to any liability than as abb
70, provided.
ont Thus Gone and passed at my office,
= rho civ of New Orleans. Louisiana.
al. the day month and year hereinfrst abb
~ written in the presence of Percy f. Bro
~ and Paul A. SOmpeyrac, competent "
n. npsses who hereuntO sign their nan
~ with said appearers and me, Notary, al
NV due reading of the whole.