The herald., 1920-05-20
CHARTER
ACT OF INCORPORATION OF II. +
HINRICHS CONSTRUCTIONS
COMPANY, INC.


day of the month of April. III the year
of our Lord Onr Thousand Nine Hundred
aud Twenty Cl92Ol. and of the lndepen-
dence of the United States of America, the
one hundred and forty-fOurth: before me,
james Clark HenriqueS, Il Notary fublc,
duly commissioner and qualified IN ana
for the Parish of Orleans, state OF LOUIS
lana, therein residing. personally came
and appeared the persons whose names
are hpTeuntO subscribed. who declared that
awaiting themselves of the provisions OF
the laws of this State, relative 10 the or |
gauizatiuu of corporations, and NOR" par /
ticularly of Act No 261 of the General /
Assembly al this state. approved July |
9lh. 1914. they have CoV"uanted aud agreed |
and do by these presents covenant and |
agree. bind. form aud constitute them |
selves. ~ well a. such persons who may |
hereafter join. or become associated with |
them. into a cOrroratiOn and body polite |
in law. for the objects and purposes and
under the agreements and stipulaiionS fol-
lowing. TOWN.:
ARTICLE 1.-THE name and style of this
corporation shall br H. r. Iinrichs con
Struction Company. Incorporated, and un-
der that name ii shall have aud enjoy all
the rights advantages and privileges grant
ed by law to corporations; il shall exist
for a period of ninety nine years from this
date: it shall have the power 10 contract
sue and bc sued in its corporate name 10
make and use a corporate seal. the same
I" break or alter AT its pleasure. To have
ficrr>. agents and other employees as the
interest aud convenience of said corpora
ton may require or demand, to make and
establish such bylaws. rules ana regula.
tionS for the corporate management and
control of the affairs of the corporation
as may br deemed necessary. convenient
aud eNpr,lient.
ARTICLE II. The domicilr of this cor
| pOratiun shall he in the city of New Or
/ leans state of Louisiana, and all citations
Q taH liar rtl hl hp Nnn
| the president. or in his absence ON the
/ first Vice President.
ARTICLE Ill The objects and pur-
| poses for which this corporation is or
! ganiZed. and the natur" of the business TO
! be carried on 10y IL. are hereby declared
to br aS follows. to-wit:
! To engage in III" business Of general
! contracting and construction work. and
generally. Ia do and perform any thing or
act necessary. convenient or proper for
| the carrying into effect the above named
objects aud purposes.
! ARTICLE IV-Thc capital stock Of this
corporation is fixed AT the sum of five
thousand t$iO00.O0D dollars. divided into
fifty tJO) shares of the par value of one
Q hundred (SlOO.O0D dollars each. All shares
"f stock shall be- full paid aud non as
| >pSSablr.
Said stock shall Ice paid for in cash. or
the same may br ISSUED, al not less than
par. for labor done or for services render
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 one hundred thousand (SlOO,OW,-
90 dollars. or any part thereof, to be
divided into shares of one hundred (SlOOOOD
dollars each. provided said increase in the
capital stock shall have been authorized
by the stockholders at Il meeting held pur
>uant To the provisions of law.
This corporation shall be and become /:
going concern when fifty (JO) per cent oi
. its stock shall have been subscribed.
ARTICLE V.-All the corporate powers
/ of this corporation shall he vested i'll, anC
T exercised by. a board of directors. com
posed of five stockholders. n majority %
whom shall constitute a quorum for thu
: transaction of all business.
: The directors shall be elected annual!
, by ballot, by the stockholders. on TIL
! fourth Tuesday of January in each year
| The first board of directors of this cor
n pOratiOn shall consist of Collins VI. Sum
rail- whose pOstOffiCe address is Danville
Kentucky: Charles 4. Stair. Henry +. Hin
richS. Henry 4. Hinrichs and Milton Las
ker. whose postoffice addresses are New
!; Orleans, Louisiana, with Collins NJ. Sum
= rail-. as president: Charles \. Stair, frs
vice president; Henry +. llinrichs, secOn
vice president Henry &. Hinrichs, thir
: vice president: Milton Lasker, secretary
n treasurer. TO serve until the next annual
u election or until their successors have bee
: duly elected and qualified.
No failure Ia elect directors shall be re
! garded as "A forfeiture of tins charter.
$ Any vacancy occurring on said boar
:, of directors shall be filled by the remain
d ing members of said board.
$ Said board of directors shall have tn
d right to appoint and dismiss such clerks
I. managers and other employees of the col
II poratiOn, as in its Judgment. may b
q deemed necessary.
/ The tenure of office of all the employee
n of the corporation shall be during III
a pleasure of the board.
II Each stakeholder shall he entitled,
n person or by proxy. TO one vote for ever
Is share of stock owned by him, and a
d elections shall be held under such rule
IL and regulations may be specified b
o the board of directors.
d ARTICLE VI.-ThiS act of incorporate
- may he changed. modified or altered,
e. the said corporation MAY he dissolved
" with the assent of the stockholders owl
II ing twO-thirds of all the stock of the col
y poratiOn. at a general meeting convene
P for that purpose. and after at least fiftee
II days written notice of this meeting Ia
l. been given personally or through the ma
P to each stakeholder at his last recOrdt
rs address.
{. In case Of dissolution. by the expir;
s. ton of this Charter, or otherwise, aft
ii compliance with law. the stOckholde
I'd shall elect two liquidatOrs from anon
their number to liquidate and settle q
l. business and affairs of the cOrpOratio
A. to settle the corporations debts and d
5 vide the remaining money among Il
stockholders. In the event of death
"a disability of anyone of the said liquid
!: tors, the remaining liquidatOr shall fu
W fill all the duties of liquidatOr Said liqu
AS datOrs shall have the power to fix al
! prescribe the terms of sale Of said pro
r erty and the manner in which the 50
Ie. shall be made.
O. They shall be vested with full, final al
g. complete power and authority, necessar
tiI proper and expedient TO do and perfOr
d. any and every act and thing necessary
"a wind up and liquidate the business al
rs affairs of the corporation.
ARTICLE Vino stakeholder sh:
= ever be liable or responsible for the GO
tracts faults or debts of said corporate
y, nor shall any mere informally in its G
=! ganiZation have the effect Of renderi
III this charter null or of exposing a stoc
holder to any liability beyond the unpa
nd balance due on the shares Of stock su
all scribed for or owned by him.
lis ARTICLE VIII.-The subscribers hel
ID. unto have respectively written oppOs
he their Names the amount of stock in u
IS corporation subscribed for by each of tn,
he so that this act of incorporation may a
serve as the original subscription list
-er the corporation.
N Thus done and signed, at my office.
nv the city of New Orleans, on the day, mon
on and year first above written, In the pr
or pnce of Charles Leblanc and Frank
"a Doyle competent witnesses, residing
his this parish, who have signed these pr
TO ents. together with said appearers and
ro- notary, after due reading Of the whole.
n-,. Sfsr Nj