The herald. [volume] (New Orleans, La.) 1905-1953, 1921-01-06

United States of America, State of Lou
isiana. Parish of Orleans. City of New
Orleans; Be it known. That on this 18th
day of December, in the year one thousand,
nine hundred and twenty; Before me,
Robert +. 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 awaiting them
selves of the provisions of the laws of the
State of Louisiana, relative to the Organiza-
ton of corporations. they have cOveDanted
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 800 Y"
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 we'll 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 abb
| 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 similar character.
ARTICLE Iv.-The capital stock of tn,
| said corporation is hereby fixed at five
| thousand ($5.OOOOO) dollars. divided int
| and represented by one hundred shares o.
the par value of fifty dollars ($50.OO) each
Said stock or any part thereof may b'
issued for cash and in payment for thu
purchase of patents and patent rights, am
for property or machinery and materia
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 thi
company, in whole or in part, for any an
| all of the purposes above stated, as in IL
judgment may seem fair and proper. Thi
company shall begin business soon a
three thousand dollars of its stock shall
| have been subscribed. and this charte
shall be the original subscription list.
| ARTICLE VAN the corporate power
of this corporation shall be vested in, an
exercised by a Board of Directorsy com
posed of three (3) stockholders. who shall
| no Friday
| January. of each year, beginning with tn
year. 1922, majority of said Board shal
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 stoc
held by him. and majority of votes cas-
shall elect. A failure to elect directors a
a regular meeting shall not dissolve tn
corporation. but the directors then in OF
flee will continue to act until their SUI
cessors are elected and qualified. Motto
of the time of holding. and all meeting
shall be given by the Secretary to eac
stakeholder, such notice to be sent b
mail. five days before such meeting, an
directed to each stakeholder at his las
! known address.
Immediately upon being elected, the d
, rectors shall elect from among their Ow
number President. Vice-President and
, Secretary Treasurer.
! The said Board shall also have full pow
er and authority to borrow money thrOug
the President or some other duly authol
lied agent or agents; to execute NOR
, cages and issue notes bonds or other obi
cations. and generally to do all the thing
necessary for the proper carrying on
the business of the said corporation: {
also to issue and deliver full pad share
2 of stock and bonds and other oBligatioI
: of the said corporation in payment of ii
: money borrowed or money, labor. service
. property or rights actually received by ii
said corporation. as hereinbefOre set fort
Vacancies in the Board of Directors sha
be filled by the remaining members of ii
Board.
:. | Until the next meeting to be held III
der this charter, or until their duly quail