The herald., 1921-06-02

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-ffth; before me, Nat W.
Bond, 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 hereuutO sub
scribed. who severally 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
ganiZation of corporations, they have con-
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 them selves, as well
as all such other persons who may here
after join or become associated with them
or their successors, into q corporation and
body polite in law, for the objects and
purposes and under the conditions, cove
nants, stipulatiOns and agreements of the
articles follOwings, to-wit:
ARTICLE 1.-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, it shall
joy corporate existence and succession for
u period of ninety nine (99) years from
and after the date of this act. 1t may
have, 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, n.y.
pothecate, cucumber, or mortgage prop
erty of any kind, whether real, personal
or mixed, corporal or incorpOreal, NOV
able or immoyable, all subject to such
limitations as may be prescribed by law.
1t may make, issue and endorse bonds or
notes and other evidences of debt. 1t may
accept mortgages, pledges or other forms
of security for money loaned or other
debts 1t may contract, sue and be used,
plead or be impleaded by its corporate
name in any court of competent jurisdic-
ton. 1t may make, adopt and use a cor
porate seal and alter or break the same
at pleasure. 1t may hold stock in other
corporations, and its capital stock may be
issued for capital stock in other corpora
tiOns. 1t may become associated and af-
hlated 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 max be
necessary for the accomplishment hereof.
1t may subscribe to membership in other
corporations, having like objects and pur,
poses as that for which this corporatio1
is incorporated or matter connected there
with 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 it's interests. 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, hav-
ing due regard to the nature, character
and value of their services. 1t may make
and establish bylaws. rules and regula-
IONS mt OF nt tx-fth ahor ta
any existing law, fixing or altering the
management of its property, the regulation
and government of its affairs and the
manner of the certifcation and registra
dissolve itself, sOr be wound up and dis
solved in the manner prescribed by law.
1t 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 it
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 domfcile of this cor
poratiOn shall be the City of New Orleans,
all Citations or other legal process shall
be served upon the president of this cor
pOration. or in case Of his absence or
inability 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
p0ration.
ARTICLE III-The objects and pur-
poses for which this corporation is FORM
ed. and the nature of the business to be
carried on by 1t, are hereby declared to
be. to provide, regulate and maintain a
suitable building, room or rooms. for
sub-contractors and material
dealers exchange In the City of New Or |
leans; to adjust controversies between its |
to establish just and equitable |
after called the trade); to maintain uni |
formity in rules, regulations, and usages |
of the trade; to adopt standards Of CLASH |
fication In the trade; to acquire, preserve, |
and disseminate useful information con- |
nected with the trade; to decrease the |
and generally to promote the trade in the |
City of New Orleans. increase its amount /
and augment the facilities with which |
it may be conducted.
The maintain credit and collection de- |
partment.
To subscribe to, become a member of, |
and cooperate with any other person. firm.
corporation or association, whose objects |
are altogether. or In part. similar to these /
Of this company, and to procure from and /
to any such person. firm,
corporation or association such informa-
the corporation.
ARTICLE IV.-The capital stock of this
corporation Is hereby fixed at the sum of /
i've thousand ($5,0O0.00) dollars. divided
into and represented by one hundred (100)
sesn e, Of stock Of the par value Of fifty
for In cash, at such time and in such
amounts and after such notice to the sub
scribers as may be fixed by the Board Of |
Directors. or the same may be issued at