The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-01
CHARTER.
CHARTER OF GEARY-OAKES CON-
PANY INCORPORATED.

United States of America, State of Louis.
lana, Parish of Orleans, City of New Or
leans. BE it known, that on this ninth
day of the month of December, in the
year of Our Lord, one thousand, nine
hundred and nineteen, and of the hide
pendence of the United States of America
the one hundred and forty fourth, before
me, Gustave Joseph Ricau, a notary pub
lie, in and for the Parish of Orleans
State of Louisiana, and in the presence OF
the witnesses hereinafter named and I'M
dersigned, personally came and appeared
the several persons whose names are here
unto subscribed, and all of age, who sew
orally declared: That availing themselves
of the provisions of the Laws of the
State of Louisiana, in such cases made
and provided, and more particularly OF
Act 267, of the General Assembly of the
State of Louisiana, for the year 1914. they
have covenanted, contracted, agreed and
bound themselves and do by these pres
ents covenant, contract, agree and bind
themselves, as well as such persons as
may hereafter become associated with
them. to form themselves into and con
stitute a corporation and body polite in
law, for the objects and purposes and
under the stipulations herein set forth,
which they adopt as their charter, to-
wit:
ARTICLE 1.-The name of this cor
poratiOn shall be Geary- Cakes Company,
Incorporated, which may be abbreviated
" oNoi -oantS w., AhN.
ARTICLE 1.-THE objects and purposes
for which this corporations is formed and
the nature of the business to be carried
on by it are hereby declared to be:
To engage generally in the construction
and general contracting business, for the
erection of buildings, wharves, and the
improvements on real estate, and for the
demolishing of buildings, and to do a
general contracting business, and carry
on any other business or enterprise which
may be incidental or germane or con-
nected with the construction, erection, or
Oh buildings.
ARTICLE III.-The amount of the can't
tai stock Of this corporation is hereby
fixed at the sum of fifteen thousand dol
lars ($1.5O0) and which capital stock may
be increased to the sum of fifty thous-
and dollars ($50.OOO), said capital stock
divided into one hundred and fifty shares
OF the par value Of one hundred (S100) dol
lars each, the stock shall be paid in cash
when subscribed for or may be issued
In whole or in part at not less than par,
chased or received by it. No fractional
shares shall ever be issued.
No transfer, sale or other disposals of
the stock in this corporation shall be
valid, unless first offered to the remaining
stockholders of this corporation at the
book value thereof. as established by the
last inventory, and when said offer has
Occh 70 tue IL sndll DE
the duty Of the Secretary Treasurer to
advise the other stockholders and they
shall have an opportunity to purchase
said stock. On failure of the said stock
holders to avail themselves Of such offer
to acquire said stock after thirty days
notice, to each stakeholder by registered
mail, the stock may be sold by the owner
thereof at will.
All stock acquired in this corporation
shall be subject to this provision of the
The location of the domicile of this cor
poration shall be in the City Of New Or
leans, State Of Louisiana, and service Of
citation or of all legal process shall be
made upon the President Of this corpora
lion or in case Of his absence or inability
% act, on the vice-President, or Secretary
Treasurer, In the order named, and said
corporation shall have and enjoy sue
session by Its corporate name for q period
'f ninety nine years from the date Of this
act.
The business and affairs Of this cor
ooration shall be conducted by, and all
" the corporate powers vested in, and
Exercised by q board Of directors COM