The herald., 1920-06-10
CHARTER
ACT OF INCORPORATION OF ii. f.
HINRICHs CONSTRUCTIONS
COMPANY INC.


United states of America, State of Louis
lana, Parish of Orleans. City of New Or
leans BE Il known, that on this the sra
day of the month of April, IN the year
of our Lord one Thousand Nine Hundred
and Twenty (l920J, and of the lndepen-
dence of the United States of America, the
one hundred and forty fourth; before me-
James Clark Henriques, Notary iuDhc,
duly commissioner and quallfied, IN anu
for the Parish of Orleans, State OF LOUIS
lana. therein residing; personally came
and appeared the persons whose names
are hpreuntO subscribed. who declared THAT
awaiting themselves of the provisions or
the laws of this State, relative 10 the or |
ganizatiOn of corporations, and more par |
ticularly OF Act No. 267 of the General
Assembly Of this state. approved July !
9th, 1914 they have covenanted and agreed
and do 10y theS" presents covenant ana
agree. bind. form aud constitute them
selves. as well rs such persons who may
hereafter jOin, or become associated with |
them, into Il corporation and body pOIitic
in law. for tn" objects and purposes ana
under the agreements and StipulationS iol-
lowing. tO-wu:
CORPORATION shall be- H. +. HinrichS Con
struction Company. Incorporated, and I'M
der that nam" il shall have ana ENJOY all
the rights, advantages and privileges grant
ed by law to corporations; ii shall exist
for a period of ninety nine years from this
date: il shall have the power to contract,
sue and he sued in its corporate name 10
make and Us" a corporate seal. the same
to break or alter at its pleasure. To have
and employ such managers. directors, OF
ficrrS agents and other employees as the
interest and convenience of said corpora
ton may require or demand; to make ana
establish such bylaws, rules ana reSula-
tionS for the corporate management ahd
control of the affairs of the corporation
as may Ice deemed necessary, convenient
and eNp"dient.
ARTICLE 1.-THE domicie of this cor
pOration shall he in the city of New Or
leans. state Of Louisiana, and all citations
and other legal process shall he served on
the president or in his absence on III"
| first Vice President.
| ARTICLE lll.-The objects and pur-
poses for which this corporation Is or
| ganiZed. and the nature of the business TO
! be carried on by il, are hereby declared
| to he aS follows. tO-wit:
To engage in the business of general
| contracting aud construction work, ana
/ generally. To do and perform any thing or
| act necessary. convenient or proper lot
the carrying into effect the above named
| objects and purposes.
! ARTICLE IV.-Thp capital stock of this
! corporation is fixed at the sum of five
thousand tS-j.OOOOOD dollars. divided into
fifty (JOD shares of the par value Of one
! hundred lSlOOOOl dollars each. All shares
of stock shall be full paid and non-aS-
! >c>Sablr.
Said stock shall be paid for in cash. or
, the same may br ISSUED. at not less than
par for Labor done or for services render
; ed To the said corporation. or for prop
J. erty or rights actually received by SAID
/ corporation.
! This corporation shall have the right TO
! increase its capital stock up to the further
, sum OF Que hundred thousand (SlOO.OOO.-
, OOD dollars. or any part thereof. TO he
! divided intO shares of one hundred tSlOONl
a, dad a. A.
capital stock shall have been authorized
by the Stockholders at Il meeting held pur-
SIant to the provisions of law.
This corporation shall be and becom" =
going concern when fifty tjOl per cent oi
its stock shall have been subscribed.
ARTICLE N.-An the corporate powers
of this corporation shall be vested H. and
exercised by. Il board of directors. com
posed of five stockholders. a majority oi
whom shall constitute quorum for tn,
transaction of all business.
The directors shall be elected annually
by ballot. 10y the stockholders. on th'
fourth Tuesday of January in each year
The first board of directors of this cor
poration shall consist of Collins NJ. sum
rail-. whose pOstofficr address is l'anyllle
Kentucky: Charles \. Stair. Henry +. Hin
, richS Henry &. llinrichS and Milton Las
kcr. whose pOStOffiCe addresses are New
Orleans Louisiana. with Collins VI. sum
; rail-. as president: Charles \. Stair. frs
, vice president: Henry +. HinrichS. sccon'
T. vice president: Henry G. llinrichs. thir'
, vice president Milton LaSker, secretary
! treasurer. to serve until the next annua
, election or until their successors have bee
: duly elected and qualified.
No failure to elect directors shall he Re-
-arded rs Il forfeiture of this charter.
Any vacancy occurring on said boar
4, of directors shall he filled by the remain
! ing members of said board.
Said board of directors shall have tn
= right to appoint and dismiss such "lerk'
| II 9th In nf
i poratiOn. as in its Judgment. may /
= deemed necessary.
: The tenure of office Of all the employee
u of the corporation shall be during III
u pleasure of the board.
II Each stakeholder shall be entitled.
u person or by proxy. to one vote for ever
: share of stock owned by him. and a
Il elections shall he held under such ruiz
c and regulations as may bc specified
U the board of directors.
ARTICLE VI.-ThiS act of incorporate
:. may be changed, modified or altered,
g the said corporation may he dissolve
u with the assent of tn stockholders owl
IL ing two thirds of all the stock of the 60
y poration. at general meeting convene
,, for that purpose. and after mt least fiftet
IL DAYS written notice of this meeting h;
J. been given personally or through the ma
p to each stakeholder at his last record'
- address.
l. In ease of dissolution. by the eNpir
s. ton of this Charter, or otherwise, aft
II compliance with law, the 'stOckholde
III shall elect two liquidatOrs from amor
their number to liquidate and settle q
l. business and affairs of the corporate
v The said liqudatOrs shall have full pow
- to settle the corporations debts ana q
5 vide the remaining money among {
:, ! stockholders. In the event of death
y disability of anyone of the said liquid
i; tors. the remaining liquidator shall II
W fill all the duties of liGuidator. Said liql
as dators shall have TIE power to fix a
J prescribe the terms of sale Of said pro
r erty and the manner in which the 5;
le, shall be made.
O. They shall he vested with full. final
C. complete power and authority. necesSal
til proper and eNpedient to do and perfol
ID. any and every act and thing necessary
"a wind up and liquidate the business a
RS. affairs of the corporation.
o. ARTICLE Vino stakeholder sh
Ii ever be liable or responsible for the 60
.c tracts faults or debts of said corporate
Nv nor shall any mere informality in its
ar | ganiZation have the effect of renderl
this charter null or of exposing sto'
holder to any liability beyond the imp;
M M balance due on the shares OF stock 81
an scribed for or owned by him.
rs ARTICLE VIII.-The subscribers he
,d, unto have respectively written oppos
ne ttheir names the amount of stock in I
vs. corporation subscribed for by each of tn
ne so that this act of incorporation may a
serve as the original subscription list
yer the corporation.
IN Thus done and signed, at my office.
ny the city of New Orleans. on the day, mo-
on and wear first above written, In the pr
lor ence of Charles Leblanc and Frank
ga Doylp competent witnesses. residing