The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-29
CHARTER OF THE DALGARN con-

lana. Parish of Orleans, City of New Or
leans. BE it known, that on this seveD-
teenth 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, Benjamin Y. Wolf. a notary public.
duly commissioned and qualified in and
for the Parish of Orleans, State Of Louis
lana, therein residing, and in the pres
ence Of the witnesses herein after named
and undersigned, personally came and ap-
peared, the parties, whose names are here
unto subscribed, all Of full age and resi-
dents of the City of New Orleans, State Of
Louisiana, who declared that, availing
themselves OF the provisions of the laws
OF this State relative to the formation of
corporations, they have covenanted and
agreed, and by these presents, covenant
and agree, and bind themselves as well as
such other persons. as may hereafter be-
come associated with them, to form and
constitute a corporation and body polite
In law for the purposes and objects and
nnder the stipulations and articles follow
ARTICLE 1.-The name Of the said cor
poration shall be "Dalgarn Construction
ARTICLE 1.-THE objects and purposes
for which this corporation is Organized.
and the nature Of the business, which this
corporation Is to carry on, are declared
1. To make, enter into and execute con-
tracts OF every kind and character. with
Individual firms, associations and corpora
tions, private, public and municipal and
poo poaies , politis and with the government Of
Ine united States, and of any State or
Territory, or Colony or district thereof
and with any foreign country and TO do
general contracting business in public
ana private works Of every class and de-
Z To buy and sell, or otherwise tn deal
or to traffic in. iron steel. manesnesa
copper, stone, ores, coal, coke, wood. lum
, per ana other materials and any Of the
, pLoaucts thereof, and any articles con-
sisting or partly consisting thereof.
8. To manufacture. purchase, or other
wise acquire. own, sell, assign, or other
wise transfer and convey. trade deal in
and with goods, wares, merchandise and
, property Of every class, variety and de-
scription, whether produced by said cor
! poration or other corporations or persons
e T. To do any and all things set forth
| In this charter as objects and purposes
, powers or otherwise, to the same extent
n and In any part Of the world
r ARTICLE III.-The capital stock of said
: corporation shall be ten thousand dollars
\ divided into and represented by one hun
dred shares of one hundred dollars each
ices rendered. The capital stock may be
increased to twenty thousand dollars.
This corporation shall commence doing
I. business as soon as five thousand dollars
. scribed for, and twenty-five hundred dol
! lars of said amount SO subscribed hal
II have been paid for.
u ARTICLE Iv.-The domicile Of the said
!, corporation shall be in the City of New
Orleans, State Of Louisiana.
The president, or in his absence, tn,
: vice president, shall be the proper person
e shall be served.
O. Said corporation shall, unless sooner dis
> solved, exist and continue for the periot
N Of ninety nine years for and after dat
:, hereof.
l. corporation shall be vested in a Boar,
II Of Directors, composed of not less thai
three stockholders. Power and authorit,
l. Is hereby vested in the Board Of Director
n number, not exceeding nine; and the Boar
" OF Directors may fill vacancies in thei
l. number, however caused. by election fror
W among the stockholders.
n. The first board of directors shall cor
II sist Of Louis M. Dalgarn, who shall b
Is president; Thomas Carey, who shall b
" vice.president, and James r. Dalgarn, VIII
D. shall be secretary -treasurer. The pos
n, ONCE address of all the above Is 3O3 Cans
IN Bank Building, New Orleans. La.
Said board Of directors shall continu
10 in office until January 2, 1921. on whic
" date, and thereafter, annually. board {
n directors shall be elected on the secon
u, day Of January Of each year. unless tn
rs same shall be a legal holiday, when tn
lie. election shall be held on the next legi
oo day thereafter.
~ After each election, the board of d
rectors shall elect from their number I'll
IN officers Of the company.
The said board is further authorized
frame and adopt such bylaws rules an
On regulations as the affairs and business ,
the corporation may require, and as
may deem necessary for the conductir
IN and management thereof.
ARTICLE vI.-This charter may
amended and the capital stock Of this co
poration may be increased or decrease
or the corporation may be dissolved in Il
manner and method provided by law.
. ARTICLE Vino stockholders shf
IT. ever be held liable or responsible for d
u.s. contracts or faults of this corpora ion
lat any further sum than the unpaid baian
ra- on the stock for which he has subscribe
lc., nor shall any mere cfnformality in Q
ce ganization have the effect Of renderil
"a, this charter null or Of exposing a stoc
holder to any liability than as above pr
vided.
!. Whenever this corporation shall be d.
solved, whether by limitation or from a
- other cause, the Affairs thereof shall
M liquidated by three stockholders to
elected and qualified in the manner pI
lis vided by law. And they shall continue
Or ONCE until the affairs Of this corporate
lay shall have been fully settled and hQl
Of dated. In case Of the death Of one Of
md liQuidators, or his refusal or inability