The herald. [volume] (New Orleans, La.) 1905-1953, 1920-11-25
CHARTER OF THE JAS. IL. AITKEN 4
SONS INC.

CHARTER OF THE JAS. ii. AITKEN 4
SONS. INC.
United States OF America, State Of Lou
isiana. Parish of Orleans, City of New
the tenth of the month of November, in
the year of our Lord, one thousand, nine
hundred and twenty; and of the lndt-
pendrnce of the United States of America.
the one hundred and fOrty-tfth; befOr'
me. BuSsiere ROuen, notary public. il
and for the Parish of Orleans. state OF
Louisiana. duly commissioned, sworn ana
qualified, and in the presence OF the wit
neSses hereinafter named and undersigned
personally came and appeared the seHera
persons whose names are hereIsto -
scribed. all of the full age of majority
who declared that. ayailing themselves o;
the laws of this State relative to the or
ganizatiOn of corporations, they haV,
cOvenauted and agreed and do, by theS'
presents. covenant and agree to form. an
constitute themSel into. n corporation
and body polite in law. with such nerson,
them. for the objects and purposes AZ
under the articles, agreements and stipu
lations following, to-wit:
ARTICLE 1.-The name, style and title
of this corporation shall be Jas. ii. Ait
ken X Sons, Inc, and under that name II
shall have and enjoy all the rights, ad-
vantages and privileges granted by law
to corporations, and shall exist for the
full term and period of ninety nine years
from the date hereof. 1t shall have power
to contract. sue and be sued; to make
alter or break at pleasure; to hold. re-
ceive, lease, purchase, sell and convey,
well as mortgage and hypothecate and
pledge property, both real and personal
and mixed, corporal and incorpOreal; TO
name and appoint such managers. direc-
tors, officers, agents and other employees
as its interests and convenience may re-
Quire. and to make and establish, as wei,
as alter and amend. from time TO time,
such bylaws. rules and regulations as
may be necessary and eXpedient for
I management government
affairs of the said corporation.
ARTICLE 1.-THE domicile of this cor
pOration is hereby fixed in the City of
| New Orleans, State of Louisiana. ana
Citations or other legal process shall be
! served upon the President of the said cor
| pOration. or in his absence upon the Vice
! President, or upon the absence of both
| on the Secretary.
ARTICLE III.-The objects and pur-
poses of this corporation, and the nature
! of the business to be carried on by it.
are hereby declared to be:
| To carry on the business of plumbing in
! all of its branches; the purchase and sale
| of merchandise, machinery and supplies
relating to the said business; 10 use al
! machinery and appliances necessary OIL
/ proper to carry on said business; with the
| right and power to do ans and all things
necessary or connected with. or in any
| manner incidental or Complementary Il
| the objects and purposes therein set forth
| and above EXPRESSED.
ARTICLE IV.-The capital stock of IT,
| corporation Is hereby fixed at the sum OF
fifteen thousand dollars (S15.0O0.00l. to III
| divided into, and represented by one hun
dred and fifty 150) shares of the sum o
one hundred dollars S100.O0l each, pay
able in cash or its equivalent.
The capital stock of this corporation
may be increased to the sum OF fifty thouS
and dollars, divided into shares of S1O'
| each.
No stakeholder of this corporation shall
dispose of any stock in the corporation
without first Offering to the other stock
Of record so% in writing his ms SAL
| offer TO remain open for a period of THIRTY
days; and the other stockholders to divid
the stock SO offered on a basis common
surate with the stock owned by them. a
the time of said offer.
All transfers of shares of the capita
stock of this corporation shall be mad
and entered on the stock book of the cor
poratiOn. and no transfers shall be in ar
manner binding on this corporation un
less so entered.
| ARTICLE y.-All the corporate power
OF this corporation shall be exercised by
and vested in a Board of Directors. con
sisting of not less than three stakeholder
and not more than five stockholders,
majority of whom shall constitute a quo
rum for the transaction of business.
After their election, the members of tn
Board Of Directors shall elect from thei
own number, annually, President,
Vice President and a Secretary.
The first Board of Directors shall con
sist of three (3) stockholders and shall b
Aiken and William Aitken: with the sal
James Ii. Aitken as President. Robert I
Aitken as Vice President and William Ait
ken as Secretary.
The post Office addresses of said dlreC
tors are as follows: James IL. Aitken. 81
: Carondelet ST., New Orleans; Robert 1
William Aitken, SIS Carondelet ST. NpN
Orleans. These directors and officers sha
serve until the third Tuesday in January
1922 or until their successors shall hny
been duly elected and qualified.
The annual meeting of stockholders 70
the election of Directors shall be held o
the third Tuesday, in January. of eac
year; unless said day be a legal holida,
and then on the next bank day thereaftel