The herald. [volume] (New Orleans, La.) 1905-1953, 1921-05-26
CHARTER OF CONTRACTORS AND
DEALERS EXCHANGE, INC.


April 2S-June
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 IND day |
of the month of April, in the year OF our
Lord, one thousand. nine hundred ana |
twenty -one. and of the Independence OF
the United States of America, the one hun |
bred and forty NTH; before me, Nat W.
Bond. a notary public. duly commissioned, |
sworn and qualified in and for the Parish
of Orleans, State of Louisiana, therein re-
siding, and in the presence or the witnesses
hereinafter named and undersigned; per,
sonally came and appeared the several
persons whose names are hereuhto SUD-
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
laws of said State, relative to the or
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 themselves. as well
as all such other persons who may mere
after join or become associated with them
| or their successors. into 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
a 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, by
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
limitations as may be prescribed by law.
1t may make, issue and endorse bonds or
notes and other evidences of debt. Ii may
accept mortgages, pledges or other forms
debts 1t may contract, sue and be used.
plead or be implicated by its corporate
name in any court of competent 1urisdlc-
porate seal and alter or break the same
at pleasure. 1t may hold stock in other
corporations, and its capital stock may De
issued for capital stock In other corpora
tons. 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
interests of the corporation. II deemed
necessary by the Board of Directors, and
to that end, may take such steps as may De
| 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
ana s9sh deem
: able, and may fix their compensation hav
I ing due regard to the nature. character
E and value Of their services; 1t may make
and establish bylaws, rules and regula
] lions not inconsistent with this charter OF
any existing law, fixing or altering the
!, management of its property. the regulation
: and government OF its anairs ana th'
e manner of the certiication and registra,
/ ton of it's stock. 1t may wind up and
dissolve itself. or be wound up and dis
: IT shall have the power to invest it,
: Board of Directors with all of its cor
porate powers, subject to such restriction
s as may be named In this charter. AND
! | generally shall have and possess all tn
8 powers, rights, privileges and 1mmuni
Z ties which corporations are and may here
r after be authorized to have and posses
| under the Constitution and the laws
ARTICLE 1.-THE domfcile Of this cor
,, poration shall be the City Of New Orleans
: Parish of Orleans, State of Louisiana, an.
a be served upon the president Of this cor
e poration. or in case Of his absence; Q
y inability to act, upon the vicepreslden'
y | or in case Of the absence or inaoihty
r both the president and yice-presldent =
h act, then upon the treasurer Of this col
= poration.
ARTICLE III.-The objects and pur
: poses for which this corporation Is form
. ed and the nature of the business to b
carried on by 1t, are hereby declared Z
o be. to provide. regulate and maintain
;. suitable building, room or rooms, Tor
Y contractors. sub-contractors and materis
e dealers exchange In the City Of New or
II leans; to adjust controversies between ~
y members: to establish just and equitabl
/ principles in the building trade therein
e after called the trade): to maintain uni
3 formity in rules, regulations. and usage
of the trade: to adopt standards OF Glass;
l. fcation in the trade; to acquire. preserve
L and disseminate useful informatlon COZ ei
Z, local risks attendant upon the busines
le and generally to promote the trade In IN
'e City Of New Orleans, increase It's amour
10 and augment the facilities with whic
l. The maintain a credit and collection d,
,f To subscribe to, become a member o
y and cooperate with any other person, nrn
le corporation or association, whose object
. are altogether, or In part similar 10 tines
T. Of this company, and to procure from an
n communicate to any such person nrn
he corporation or association such inform;
D ton as may likely forward the objects
d Article T1ey. IV.-The capital stock Of tn
. corporation is hereby hxed at the sum I
De i've thousand ($5000.00) dollars. divide
he into and represented by one hundred 10
l.. shares Of stock of the par value Of MT
j. $4,000 dollars: said stock sna,i De pa PA
Y. amounfs and affef such notice to the sui
l., scribers as may be fixed by the Board I