The herald., 1921-05-12
CHARTER OF CONTRACTORS AND
DEALERS EXCHANGE, INC.

United States of America. State of Lou
isiana, Parish of Orleans, City of New Or
leans Be il 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, 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 hereuht0 sub
scribed, who severally declared that,
availing themselves of the benefits and
provisions of the Constitution of the State
of Louisiana, and of all and singular 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 obGgate themselves to form,
organize and constitute themselves, as well
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, 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, ii shall
exist and continue, and shall have and en-
joy corporate existence and succession for
period Of ninety nine (ss) 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
pothecate, cucumber. or mortgage prop
erty of any kind, whether real, personal
or mixed, corporal or incorporeal, NOV
able or immOvable,. all subject to such
tfDff nr ne hn had hNvI ax
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 implicated 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 it's capital stock may be
issued for capital stock in other corpora
tions. 1t may become associated and af-
filated 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
necessary by the Board of Directors. and
to that end. may take such steps as may 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 corporation
| 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 its 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-
| lions not inconsistent with this charter or
| any existing law, fixing or altering the
management of its property the regulation
manner of the certifcation and registra-
| ton of its stock. 1t may wind up and
dissolve itself, or be wound up and dis
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 II
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
ARTICLE 1.-THE domicile of this cor
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, OF
| 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 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 q
suitable building, room or rooms, for 9
contractors. sub-contractors and material
~ ~ ~
leans; to adjust controversies between its
members; to -establish just and equitable
principles in the building trade therein
after called the trade); to maintain uni
| Of the trade; to adopt standards of CLASH
| fcation in the trade; to acquire, preserve
| and disseminate useful information CON
nected with the trade; to decrease ths