The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-10
CHARTER.
OF AUTOMATIC BOILER
CLEANER COMPANY, INC.

United States of America. State of Louis
lana. Parish of Orleans, City of New Or
leans. BE 1t known. that on this 2sth
day of the month of February, in the year
of our Lord one thousand nine hundred
and twenty -One. before me. John j. Kelley,
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 Nand
undersigned, personally came and appeared
unto subscribed who declared that ayailing
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 1.-The name of this corpora
ton shall be the AUTOMATIC BOILER
CLEANER COMPANY, INC, and under
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 Dor
row and lend money, and to give the
necessary security therefor; to make and
establish bylaws. rules and regulations for
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
corporations are and may hereafter be
authorized to possess under the COnstitu-
ton and laws of this State, and particular
ly Act 267 of 1914; it shall have power to
vest in its Board of Directors all of its
corporate powers, subject only 10 such re
strictions as may be named in this charter.
ARTICLE II-This corporation, unless
sooner dissolved, shall exist and continue
Tor period of ninety nine years from and
after the date hereof. Its domicile shall
be in the City of New Orleans, where all
citations or other legal process shall be
served upon the President, or in his
absence on the Secretary of the company.
ARTICLE III-The objects and purposes
Tor which this corporation is organized,
and the business to be carried on by il,
are hereby declared to be-: To manufac-
ture an automatic boiler cleaner, for which
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 or 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 $200OOO.O0. 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.