The herald., 1921-02-10

United States of America, State of Lou
isiana, Parish of Orleans. City of New
Orleans; Be 1t known. That on this 18th
day of December, in the year one thotsand,
nine hundred and twenty; Before me,
Robert +. OConner. notary public. duly
commissioned and qualified, in and for the
Parish of Orleans, State of Louisiana. and
in the presence of the witnesses herein
after named and undersigned, personally
came and appeared the several persons
whose names are hereunto subscribed, who
each severally declare, that availing them
selves of the provisions of the laws of the
State of Louisiana. relative to the OrganiZa
ton of corporations. they have covenanted.
agreed. and do by these presents mutually
covenant and agree and bind themselves.
to and with each other as well as such
other persons who may hereafter become
associated with them. to form and consti-
tute corporation and body polite in law.
for the objects and purposes, and under
the agreements and stipulations, following,
to-wit:
ARTICLE 1.-The name and title of this
corporation shall be Braai Sheet Metal
Works. Incorporated. and under it's said
corporate name shall have power and au-
thority to have and enjoy succession, for
the full term of ninety-nine 99) We;
from and after the date hereof, to contract,
sue and be sued: to make and use n cor
pOrate seal, and the same to break
alter at pleasure: to hold. receive. lease.
purchase convey, as well as to mortg
and hypothecate property. real, personal
and mixed, corporal and incorporeal; to
name and appoint such officers. managers
| agents and directors as its business in
terest and convenience may require and to
| make and establish. as well as alter and
amend. from time to time. such bylaws,
rules and regulations. for the proper gov
| eminent of the affairs of the corporation,
| as may be necessary and proper.
| ARTICLE 1.-THE domicile of this cor
| poration shall be in the City of New Or
| leans, Parish of Orleans. State of Louis
| lana. and citations or other legal process
shall he served on the President of said
| corporation. or, in the event of his alb
| sence, on the Vice-President.
ARTICLE III.-The objects and pur-
poses of this corporation are declared to be
| to conduct the business of general sheet
| metal work of all description. including
! house. steamship, steamboat and all gen.
eral metal work of similar character.
ARTICLE Iv.-The capital stock Of the
| said corporation is hereby fixed at five
| thousand (S5.000.O0) dollars. divided into
| and represented by one hundred shares of
] the par value of fifty dollars $4,000 each.
Said stock or any part thereof may be
| issued for cash and in payment for the
purchase OF patents and patent rights. and
for property or machinery and material
| actually delivered or services actually rem
dered to this company. The Board of Di-
rectors as hereinafter created is especially
authorized to dispose of the stock of this
company, in whole or in part. for any AND
all of the purposes above stated. as in its
judgment may seem fair and proper. This
company shall begin business as soon as
three thousand dollars of its stock shall
have been subscribed. and this charter
shall be the original subscription list.
i ARTICLE YAH the corporate powers
OF this corporation shall be vested in, and
exercised by a Board Of Directors CON-
posed of three (31 stockholders who shall
be elected annually on the last Friday In
| January. each hpUiUDiDO
year, 1922. q majority of said Board shall
constitute quorum for the transaction oil
any and all business.
At all elections each stakeholder shall b'
entitled TO one vote for each share of stocI
held by him, and a majority of votes cast
shall elect. A failure to elect directors al
regular meeting shall not dissolve tn,
corporation. but the directors then in Of
fice will continue to act until their sue
cessors are elected and qualified Notice
. of the time of holding. and all meeting:
shall be given by the Secretary to eact
stockholder; such notice 10 be sent by
mail. five days before such meeting, and
directed TO each stakeholder at his las
known address.
Immediately upon being elected, the di
rectors shall elect from among their owl
number President, Vice-President and
, Secretary Treasurer.
The said Board shall also have full pow
! er and authority to borrow money through
the President or some other duly author
. lied agent or agents: to execute mort
, cages and issue notes. bonds or other obi
cations, and generally TO do all the thing
. necessary for the proper carrying On o
the business Of the said corporation: a
also to issue and deliver full paid share
of stock and bonds and other obligation
: Of the said corporation in payment of tn
: money borrowed or money. labor. services
= property or rights actually received by tn
said corporation, as hereinbefore set fortf
Vacancies in the Board Of Directors sha
be flled by the remaining members Of tn
Board.
;. Until the next meeting to be held ur
der this charter. or until their duly quail