The herald., 1921-03-31
CHARTER OF AUTOMATIC BOILER
CLEANER COMPANY, INC.

United States of America. State of Louis
lana Parish of Orleans, City of New Or
leans BE il known. that on TINS zoth
day of the month of February, IN the year
of our Lord one thousand nine hun1red
and twenty one. before me, John j. Rellley.
"A Notary Public in and for the PARISH or
Orleans State of Louisiana, duly commits
stoned and qualified, and In the presence
of the witnesses hereinafter named anu
undersigned, personally came ana appeared
the several persons whose names are mere
unto subscribed, who declared that aYalnng
themselves of the laws in such cases MADE
and provided, and particularly Act 26' OF
1914, they do by these presents form them-
selves and their associates into corpora
ton. for the objects and purposes and un-
der the stipulations hereinafter set forth,
which they adopt as their charter, to-wlt:
ARTICLE 1.-The name of this corpora.
ton shall be the AUTOMATIC BOILER
CLEANER COMPANY. INC, and under
such name ii shall have power and author
ity to contract, sue and be sued, to have
corporate seal, to hold, receive, purchase.
ALLEVIATE, sell, mortgage, pledge, lease, and
hypothecate property, real, personal or
mixed. to make and issue bonds, TO bor
row and lend money, and to give the
necessary security therefor; to make and
establish bylaws, rules and regulations for
the management of its affairs as may be
deemed necessary and proper. and general
ly shall have and possess all the powers
rights, privileges and immunities which
corporations are and may hereafter be
authorized to possess under the COnStltu-
ton and laws of this State and particular
ly Act 267 of 1914; il shall have power to
vest in its Board of Directors all of Its
corporate powers subject only to such re-
strictions as may be named in this charter.
ARTICLE II-This corporation, unless
sooner dissolved, shall exist and continue
for a period of ninety nine years from and
after the date hereof. Its dOmicile shall
be in the City of New Orleans, where all
citations or other legal process shall be
served upon the President or in his
absence on the Secretary Of the company.
ARTICLE III-The objects and purposes
for which this corporation is organized
and the business to be carried on by ii,
are hereby declared to be: To manufac-
ture an automatic boiler cleaner, for which
application has been made for Letters
Patent of the United States; to lease,
hypothecate or sell said automatic boiler
cleaner in this and foreign countries. and
to that end to employ agents in the differ
ent states and In foreign countries for the
sale of said manufactured articles, and
generally to do and engage in any other
business connected with, growing cut Of
germane or incidental to any of the pur-
poses hereinabOve set forth or contemplated
by the charter.
ARTICLE Iv-The capital stock Of this
corporation is hereby fixed at 500, 600 90
| divided into $50 shares, at the par value
of $4,000 each, of common stock. and $50
| preferred stock, all of which stock shall
be paid for in cash. or labor done, or
property actually received. This corpora
| ton shall have the right to commence
business when fifty per cent of its capital
stock has been subscribed, and the right is
| reserved to increase It's capital stock up
to the sum Of $200OO0.0O. All transfers
| of stock shall be made on the books of the
company on the surrender of the outstand-
ing certificate and pursuant to such rules
| as the Board Of Directors may prescribe.
Dividends from the net earninggs Of the
corporation shall be declared, allotted and