The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-08
uNRTEB on THE MNRINE IRn\
WORKS. INCORPORATED

WORKS. UNFORTUNATELY
United States of America. stat, of Lon.
} lama, Parish OF Orleans f.. If Euo.r, /
mat GA this second day of fh. month of
i'"fu"rN. III IN" Year ot our Lord one. .
thousand nm, hundred aud twenty u"1ui
'hG 81 ia" Independence. of fH,. I-uif.,.
states "t Am"ri, q. the on" hundred and
l"ri\-iourth G4itD. hrtor. me- Henri,
Leon SarpN. Notary Public. duly com
ni>>i"u"d and qualified tor tine Parish /
Of ORLEANS. Louisiana. and in tb,. f,r.,,r,...
vi the witnesses hereinafter named and
undersigned. personally came and an.
P""r"d the several persons whose names
ar" hrr"unio subscribed. who declare, that
'N"IiluE themselves Of the provisions of
tn" Laws of IA" stat" OF Louisiana relative.
I q" thu formation OF corporations. ami
/ particularly Act ia of 1914. they ba,.
|r"'"uHni"d and agreed for themselves and
>n'h other persons as may hereafter be.
CON" associated with them to form and
| "rEdnil" themselves into "a corporation
and body polite in law for the objects
and purposes and under the agreements
ana NtipulutionN hereinafter set forth To-
wit:
! ARTICLE |. The name aud title of this
! corporation i hereby declared to be The,
I Marin" Iron Works Incorporated" and by
| that name il shall have aud enjoy sue
r"S>l0n for a period of ninety min. 900
years from this date. and il shall have
'lit I'>N''NN ENJOY lESnt al all the rights.
privileges ana advantages accorded 10 cor
! poratiCnS 10y tn" laws of the State of
J Louisiana.
! ARTICI + 1.-THE domicile of this cor
poTatiOn shall h" the city of New Orleans
state of Louisiana. All citations or other
legal process shall be served upon the
Pr' Sid"nt, and. in his absence upon any
one OF the other officers of the corpora
ton.
| ARTICLE III.-Thp objects and pur-
poses for which this corporation is or
F, ganiZ"d and the nature of the business
to be carried on by il are declared to be
ITO do general marine and stationary
mac hinery repair work: 20 manufacture
/ hydraulic pumps and feathers; % conduct
ana opcrat" general machine and manu-
featuring works for the manufacture and
repair of machinery of all kinds. engines.
boilers, castings. patterns, agricultural
appliances. vehicles and appliances of
every kind and description. and any and
all articles made from iron; to manufac-
ture. make. construct and erect all kinds
of mechanical devices. appliances inven-
tiOnS or other works and machinery: and
TO buy. sell, make and repair tools and in
| StrumCntS and supplies of every deScrip-
ton and kind that are or can he made
out of or from brass. copper. iron and
other metals or of wood: TO carry on a
turning plant; and to rent sell and other
wise dispose of machinery and all appara-
tus and articles that may he made han
a.
aforesaid plant or machine shops of said
corporation.
ARTICLE IV.-The capital stock Of this
corporation shall be fifteen thousand dol
lars tS15OO000), divided into and repre-
sented by one hundred fifty G50) shares
Of the par value of one hundred dollars
| (S1000O) each. all of which shall be com
mon stock. fully paid and non assessable.
This corporation shall become going
concern when one-half of the capital stock
shall have been subscribed. The capital
stock may be increased up to twenty five
thousand dollars (s25. OOO.OO) by a vote OF
a majority of the Board of Directors nj
any time. without meeting of the stock
holders, or amendment of the Charter
: Any increase of the caDital stock in ex-
cess of twenty-five thousand dollars (s25.-
0O0.O0) shall be made by q two-thirds C2-3)
vote of the stockholders and an amend
ment of the charter as required by law.
l No stakeholder shall sell or otherwise
5 dispose of his stock in this company with
ont first Offering IL to the other stock.
e in writing. aud the stockholders shall have
= five 90 days from the receipt by them Of
t a written notice from the Board of hi
! rectors within which to either accept oil
= reject the offer.
ARTICLE v.-An the corporate power,
of this corporation shall he vested in and
5 he exercised by a Board of Directors
= which shall consist of three stockholders
y two of whom shall constitute a quorum
$ to do business. Each member of SAID
!. Board shall own Mt least one ID share OF
!, uncncumbered stock in his own name or
y the books of the company. The Director.
shall he elected annually by ballot at
y meeting Of the stockholders to he held IL
! compliance with Section 10 Of Act 267 OF
!, 1911 The first Board of Directors. tC
: serve until The first Monday in February
4 ! 1921. or until their successors shall hav,
been duly elected and shall have qualified
shall consist of: John Walker. 914 Nortl
: Solomon street. New Orleans, La; Albert
: ]. Krail. 1920 Howard street. New Orleans
T La. and William Rigney, 1866 Annunca
( ton street. New Orleans, La. of whom
John Walker shall be President. Alber
]. Krail shall be Vice President, and vii
= liam Rigney shall be Secretary Treasurer
: All vacancies occurring in the Board o.
I; Directors shall he filled by the remaining
II Directors for the uneNpired term. Tn,
/ Board of Directors shall have power anG
: authority on behalf of the corporation Il
u purchase, lease and otherwise acquire an,
property: to sell, mortgage pledge O.
IS lhypothecate the same; to make loans. hor
" row money. issue notes and other Obliga
o lions; in fine. shall have all such pOwe
e and authority invested by Act 267 0
= 1914.
10 ARTICLE NI.-The appearers have sub
i scrihed TO the number of shares set oppo
a site their respective names. and their sig
II natures hereto shall constitute the Origina
u
% this corporation,
B. Thus done and passed, at my office /
n tho City of New Orleans. the day, mont
m and year hereinabOve first written. in III
s. presence of Messieurs Henry w. RObinsO
n and L. W. Rawlings, competent witnesse
G, residing in this city, who have hereunt
III signed their names with appearers an
y me, Notary, after due reading of ii
10 whole.
Original signed: John Walker. q
North solomon street. 100 shares; Abe
- J. Krail. 1870 Howard street, 10 shares
~ William Rigney, 1865 Annunciation stree
ue 10 shares.
Witnesses: IT. W. Robinson, L. v
d. Rawlings.
IL HENRY L. SARPY. Not Pub
&c 7. the undersigned Recorder Of Nor
- cages for the Parish of Orleans, State
10 Louisiana. do hereby certify that the for
We going Act Of Incorporation of "The NJ
&c rne Iron Works. Incorporated" was tn
no dav duly recorded in my office in Boo
st 1928. Folio -.
Oh New Orleans. La. February 18th. 100
as (Signpdl EMILE J. LEONARD, by. r.
K l. the undersigned Notary, do herei
al certify the above to he true and CORE
| % II ~