The herald. [volume] (New Orleans, La.) 1905-1953, 1921-02-03

United States of America, State of Lou
isiana, Parish of Orleans. City of New
Orleans; Be ii known, That on this 18th
day of December, in the year one thousand,
nine hundred and twenty; Before me,
Robert f. O'Conner, a 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 a 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 its said
corporate name shall have power and au-
thority to have and enjoy succession, for
the FULL term of ninety-nine (99) v"
from and after the date hereof to contract
sue and be sued to make and use a cor
porate seal, and the same to break or
alter at pleasure; to hold, receive. lease.
purchase convey, as well as to mortg'
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 be 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 gem
| eral metal work of similar character.
ARTICLE Iv.-The capital stock Of the
| said corporation is hereby fixed at five
| thousand ($5.OO0.00) 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.
ARTICLE v.-All the corporate power,
Of this corporation shall be vested in, and
exercised by Board of Directors com
posed of three (3) stockholders, who 'shal
he elected annually on the last Friday IN
January. of each year, beginning with thu
year, 1922. majority Of said Board shall
constitute a quorum for the transaction o.
any and all business.
At all elections each stakeholder shall b,
entitled to one vote for each share of stool
held by him, and majority Of votes cas-
shall elect. A failure 10 elect directors a
, a regular meeting shall not dissolve tn
corporation. but the directors then in of
fee 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 eacl
, stakeholder. such notice to be sent b!
mail. five days before such meeting, ant
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.
5 The said Board shall also have full pow
! er and authority to borrow money throug
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 G
the business of the said corporation; a
also to issue and deliver full paid share
e of stock and bonds and other obligation
! OF the said corporation in payment of til
!, money borrowed or money, labor. service
n property or rights actually received by III
q said corporation, as hereinbefore set fort
Vacancies In the Board of Directors sha
be filed by the remaining members Of I'll
Board.
:. Until the next meeting to be held III
der this charter, or until their duly quail