The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-17
CHARTER OF AUTOMATIC BOILER
CLEANER COMPANY, INC.

United States of America. State of Louis
lana, Parish of Orleans, City of New Or
leans. BE ii known, that on this 18th
day of the month of February, in the year
of our Lord one thousand nine hundred
and twenty -One. before me, John j. Kelley.
a Notary Public in and for the Parish of
Orleans, State of Louisiana, duly commits
stoned and qualified. and in the presence
of the witnesses hereinafter named and
undersigned, personally came and appeared
the several persons whose names are here
unto subscribed, who declared that availing
themselves of the laws in such cases made
and provided. and particularly Act 261 OF
1914 they do by these presents form them
selves and their associates into a corpora
ton, for the objects and purposes and I'M
der the stipulatiOns hereinafter set forth.
which they adopt as their charter, to-wit {:
ARTICLE THE name Of this corpora.
CLEANER COMPANY, INC, and under
such name IL shall have power and author
ity to contract, sue and be sued, TO have a
corporate seal, to hold, receive, purchase,
ALLEVIATE, sell, mortgage, pledge, lease. and
hypothecate property, real, personal or
mixed, to make and issue bonds, TO bOr-
row and lend money, and to give the
necessary security therefor; to make and
the management of its affairs as may be
deemed necessary and proper. and general
ly shall have and possess all the powers
rights, privileges and immunities which
authorized to possess under the Constitu-
ton and laws of this State. and particular
ly Act 261 of 1914; IL shall have power to
vest in its Board of Directors all of its
corporate powers, subject only to such re-
strictiOns as may be named in this charter.
ARTICLE II-This corporation, unless
sooner dissolved, shall exist and continue
for period Of ninety nine years from and
after the date hereof. Its domicile shall
be in the City of New Orleans. where all
nf a oil 4
served upon the President. or in his
absence on the Secretary of the company.
ARTICLE III-The objects and purposes
for which this corporation is organized
and the business to be carried on by it,
are hereby declared to be: To manufac-
application has been made for Letters
Patent of the United States; to lease,
hypothecate or sell said automatic boiler
cleaner in this and foreign countries. and
TO that end to employ agents in the differ
ent states and in foreign countries for the
sale OF said manufactured articles, and
generally to do and engage in any other
business connected with, growing out of,
germane or incidental to any of the pur-
poses hereinabove set forth or contemplated
by the charter
ARTICLE IV-The capital stock Of this
corporation is hereby fixed at 500 600 90
divided into $50 shares, at the par value
of $4,000 each, of common stock and $50
shares, at the par value of $4,000 each. of
preferred stock. all of which stock shall
be paid for in cash. or labor done, or
property actually received. This CORPORA
ton shall have the right to commence
business when fifty per cent of its capital
stock has been subscribed, and the right is
reserved to increase its capital stock up
TO the sum of $2OO.0OO.00. All transfers
OF stock shall be made on the books of the
company on the surrender of the outstand-
ing certificate and pursuant to such rules
as the Board Of Directors may prescribe.