The herald. [volume] (New Orleans, La.) 1905-1953, 1921-04-28
CHARTER
CHARTER OF CONTRACTORS AMI
DEALERS EXCHANGE, INC.

United States of America, State of Lou
isiana, Parish of Orleans City of New Or
leans Be it known, That on this 22nd day
of the month of April, in the year of our
Lord, one thousand, nine hundred and
twenty-one, and of the Independence of
the United States of America the one hun
dred and forty fifth; before me, Nat W.
Bond. Il notary public, duly commissioned,
sworn and qualified in and for the Parish
of Orleans, State of Louisiana, therein re-
siding, and in the presence of the witnesses
| hereinafter named and undersigned; per-
| sOnally came and appeared the several
persons whose names are hereunto sub
| scribed, who seyerally declared that
/ ayailing themselves of the benefits and
provisions of the Constitution of the State
of Louisiana. and of all and singular the
laws of said State, relative to the or
tracted and agreed and united to Form and
| do. by these presents, contract and agree
and bind and Obligate themselves TO FORM
| organize and constitute themselves as we'll
as all such other persons who may here
| after join or become associated with them
! or their successors, into a corporation and
body polite in law, for the objects and
! purposes and under the conditions, cove
nants, stlpulations and agreements of the
| articles followings to-wit:
| ARTICLE I.-The name mad title of this
corporation shall be Contractors and Deal
ers Exchange, Inc, and under and by said
name unless sooner dissolved in accord
| ance with law and this charter il shall
exist and continue, and shall have and en-
! JOY corporate existence and succession for
period of ninety-nine 800 years from
ana after the date of this act. 1t NAV
| nave hold, receive, borrow, loan, ex-
change, acquire by grant, gift or pur-
chase, devise or bequest, sell. ALLEVIATE, dis
pose OF, convey, lease. pledge pawn, NV.
| pothecate, cucumber, or mortgage prom
| erty Of any kind whether real personal
| or mixed, corporal or ihcorporeal NOV
able or 1mmovable, all subject to such
limitations as may be prescribed by law.
IL may make, issue and endorse bonds or
notes and other evidences of debt 1t NAV
! accept mortgages, pledges or other forms
| OF security for money loaned or other
debts. 1t may contract, sue and be used
/ plead or be implicated by its corporate
name name IN any court of competent jurisdic-
tlon 1t may make adopt and use cor
| porate seal and alter or break the same
at pleasure. 1t may hold stock in other
| corporations, and its capital stock NAV be
ISSUED for capital stock in other corpora
ions. Ii may become associated and af-
Mated with any other person, firm or
corporation, or association, and to CO.
! operate with them in the carrying on of
corporate business in order to advance the
interests OF the corporation. If deemed
necessary by the Board of Directors and
10 that end. may take such steps as may be
necessary for the accomplishment hereof
Ii may subscribe to membership in other
corporations, having like objects and pur-
poses as that for which this corporation
rs Incorporated or matter connected there
win or cognate thereto, and may take
part IN all civic movements having for
their object stimulation of interest in the
corporation. 1t may name appoint and
Employ such managers, attorneys direc-
| tors, officers, agents and other EMPLOYEES
as Its ipterests. business and convenience
may require and for such period of time as
the Board of Directors may deem desir-
able, and may fix their compensation. hay-
ing due regard to the nature, character
and value of their services. 1t NAV make
ana establish bylaws, rules and regula
lions not inconsistent with this charter ar
any existing law, fixing or altering the
management OF its property, the regulation
ana government of it's affairs and the
manner of the certification and registra
tion OF its stock. 1t may wind up and
dissolve itself. or be wound up and dis
solved In the manner prescribed by law.
It shall have the power to invest its
Board Of Directors with all of its cor
porate powers, subject to such restrictions
! as may be named in this charter And N
generally shall have and possess all the
powers, rights, privileges and immuni-
ties which corporations are and may here
after be authorized to have and possess
under the Constitution and the laws of
this State.
ARTICLE 1.-THE domicile of this cor
poration shall be the City of New Orleans.
Parish Of Orleans. State of Louisiana, and
all citations or other legal process shall
be served upon the president of this cor
poration, or In case of his absence. or
lnaDllity to act, upon the vicepresident
or In case of the absence or inability of
both the president and vice-president to
act. then upon the treasurer Of this cor
poration.
ARTICLE III.-The objects and DUR
poses for which this corporation is form.
ed, and the nature of the business to be
carried on by 1t, are hereby declared to
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