The herald., 1921-01-27

hOhhS, I'M.
United States of America, State of Lou
isiana, Parish of Orleans. City of New
Orleans: BE il known, That on this 18th
day of December, in the year one thousand,
nine hundred and twenty; Before me,
Robert II. 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 ayailing 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 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) "
from and after the date hereof to contract
sue and be sued: to make and use n cor
pOrate SEAL and the same to break or
alter at pleasure; to hold. receive, lease
and hypothecate property, real. personal
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 ne ssary and proper.
ARTICLE 1.-THE domicile of this cor
poration shall he in the City of New Or
leans, Parish of Orleans. State Of Louis
| lana, and citations 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 gen.
eral metal work of a similar character.
ARTICLE Iv.-The capital stock of the
said corporation is hereby fixed at five
thousand t$5.0O00O 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. an6
Tor 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 an"
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
nave been subscribed. and this charter
snail be the original subscription list.
ARTICLE v.-All the corporate powers
OF this corporation shall be vested in and
exercised by a Board of Directors COM
posed of three (3) stockholders, who shall
be elected annually on the last Friday in
| January. of each year, beginning with the
| year, 1922. majority Of said Board shall
constitute quorum for the transaction of
any and all business.
At all elections each stakeholder shall be
entitled to one vote for each share of stock
held by him, and a majority of votes cast
shall elect. failure to elect directors at
regular meeting shall not dissolve the
corporation. but the directors then in of
| flee will continue to act until their sue
| cessors are elected and qualified. Notice
of the time of holding. and all meetings
shall be given by the Secretary to each
stakeholder. such notice to be sent by
mail. five days before such meeting. and
| directed to each stakeholder at his last
known address
Immediately upon being elected. the d.
| rectors shall elect from among their own
| number President, Vice-President and a
lSecretary-Treasurer.
The said Board shall also have full pow
er and authority to borrow money througr
the President or some other duly author
lied agent or agents; to execute mort
| cages and issue notes. bonds or other obli-
cations, and generally to do all the things
necessary for the proper carrying on OF
| the business of the said corporation: as
also to issue and deliver full paid shares
| of stock and bonds and other obligations
of the said corporation in payment of the
money borrowed or money. labor. services.
property or rights actually received by the
said corporation, as hereinbefore set forth
Vacancies in the Board Of Directors shall
be filed by the remaining members of the
BoaSd,
Until the next meeting to be held I'M
der this charter. or until their duly quail