The herald., 1922-02-23
CHARTER.

upon the Vice President, who is acting
president. or in the absence Of both, as
the law directs.
ARTICLE III-The capital stock Of this
corporation is hereby fixed at twenty
thousand dollars $50 .OO) divided into
two thousand (2O00) shares of the par
value of ten dollars $1,000 each. Which
( capital stock shall be paid In cash.
Said stock shall be represented by GER
tificates of stock, signed by the Presi-
of the President by the Vice-President
and shall be transferred on the, books
| or the Company only upon surrender or
| proof of loss or destruction Of the out
| standing certificate; and no stockholder
! shall be entitled to vote on any shares
transferred to him within thirty days pre-
ceding the day upon which he attempts
The capital stock shall be fully paid
and worcestershire; when issued ii shall
be represented by certificate and shall
be personal property.
Transfers of the stock of this corpora
ton shall be made only on the books
of this corporation by the stockholders
in person or by written proxy. and un-
der such regulations as the Board OF Di-
rectors may prescribe.
ARTICLE IV-The objects and pur-
poses for which this corporation is or
ganized and the nature of the business
to be carried on by II, l hereby declared
to be: To manufacture. deal in. build,
INSTALL repair. buy and sell marine special
ties. Marine engines. Gas engines. gasoline
engines, Marine boilers. hpls. accessories,
apparatus and appliances of all kinds
used in connection Herewith. In fact.
; to manufacture, repair and sell pipe
, valves. machinery, fittings and machin-
! cry parts of any and every nature, and
/ TO transact general steel and iron man
] ufactnring, jobbing, fabricating, machin-
cry. and supply business, and TO trans
act such other business incidental there
a., to as may be necessary and proper in the
conduct of the business of said cOrpOr-
y alton.
ARTICLE v-The affairs of this cor
poration shall be managed and all cor
porate powers thereof shall be vested II
- and exercised by Board of Directors
: composed of not less than three, mol
Il more than five stockholders and not less
q than three of such Board shall consti
o tute quorum for the transaction o
n business.
ARTICLE vI-This act of incorpora
" ton may be modified. changed or al
h tered the capital stock may be increased
decreased. modified or added TO. or tn
: number of shares may be changed, o
T. this corporation may be dissolved by
5 vote of two-thirds of the amount of cap
a ital stock when present or represented am
" voting at a general meeting or the STOCK
~ holders convened for such purpose or pur
:: poses. after thirty days notice by pub
- LEGATION in a newspaper In the CITY o
= New Orleans, and written notice duly al
~ dressed and mailed to every stockholde
n
" If such address is unknown. then by mail
~ ~ ing same to such stakeholder care Gen
W eral Delivery. New Orleans, Louisiana
0. at least thirty days previous TO sal
IL meeting Such meeting or meetings ma
r be called at any time by the Board q
n Directors upon its own motion. and mus
W be called by said Board upon the wrl,
0. ten request of stockholders holding a ms
D. jority of the capital stock of this col
w poratiOn.
o. Upon dissolution of this cGgporatio
IN by the action of its stockholders, as afor'
oO said or at the expiration of its charfe
lg its affairs shall be liquidated by thrt
y; commissioners appointed by ma1orit
w of the stockholders present or represente
IS, and voting at said general meeting. ~
90 manner of liquidating, the compensate
r: and the powers of the commissioners az
all other matters pertaining to the hqul'
1T alton of this corporation shall be nNt
90 and determined by a majority or u
d. stockholders present and represented an
er voting at such general meeting OF stocl
RS holders.
ne, ever be liable for the contracts, faul
Pr or debts of this corporation nor sha
60 any mere informality in the organizati'
Eel of this corporation have the effect OF re
Is" dering this charter null. or rendering al
9V stakeholder liable beyond the unpa
OF amount, if any, remaining due on d
X stock. ,
. rectors of this corporation is hereby hx
90 at three in number and shall be col
re. posed of Peter Barbalich. 500 Forsh
re- street, New Orleans, La; William
The Kaufman, 129 S. Olympia street: New =
&C. leans. La: Geo. Pendergast. 203 st.
-ty drew street, New Orleans La; George
rs Schambien, $50 S. Rencon street. New I
ent leans. La; who Will serve until the III
the meeting Of the stockholders Of this &C
c. poration. or until their successors sh
i've have been elected, qualified and install
aid with Peter S. Barbalich as PRESIDE
the VIM. Z. Kaufman, Vas Vice-Preside
~ n at Trna FAF
nd E. Schambien as Secretary, who sh
oil hold Office until the first regular me
ing of the Board Of Directors of q
Try corporation. or until his successor sn
md be elected qualified and installed.
int Thus done and passed in my notar
rye Office in the City of New Orleans, as afo
to said, in the presence of Eugene Hayfo
w and +. l.. Bordelon, competent witness
ach of lawful age and residing in this CT
md who hereunto subscribe their names,
ock gether with said parties and me, Nota
of on the day and date set forth In
the caption hereof.
en- Witnesses:
ian WARREN V MILLER
ols Notary Pub
ing (Signed). Peter s. Barbalich,
60 shares, $40 Forshey street. New Orlea
blu La; william p. Kaufman, go shares.
Dlu. Z. Prendergast. $50 shares, 203 st.
of drew street, New Orleans, La; Geo.
ate. Schambten. 20 shares, oSo .. heh'
lite street, New Orleans, La ~,
nan L, the Undersigned hecoruer OF ,'
act cages in and for the PARISH OF Oriea
state of Louisiana, do hereby certify Z
reto the above and foregoing act of incorpo
IRA ton of the Economy Iron Works,
the was this day duly recorded IN my VI.
in Book 1868. Folio 43, New Orleans,
a,v (signed) ROBT. SCOTT
Nc Deputy Recor'
of ha ariOfnal file
. my Office.
WARREN " MILLEI
Notary Put
Feb 16-Mch. %.