The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-06
CHARTER

ery; and to buy, sell, make and repair
| tools and instruments and supplies OI
every description and kind that are OF
can be made out of or from brass, cop
per, iron and other metals, or OF wood;
TO carry Oh a turning plant, and 10 rent,
sell and otherwise dispose OF machiher!
and all apparatus aud articles that may
be made, handled, manufactured or re-
paired in the aforesaid plant or machine
shops of said corporation, aud SeheraIly
TO do and engage III any other business,
undertaking or enterprise connected with
and growing out Of, germane or incl
dental to any OF the purposes nereindbOEe
set out or contemplated by this charter.
ARTICLE Ill. The capital stock OF
| Thousand Dollars (S25,OIO.OO), divided
into and represented by two hundred and
! fifty shares of the sum of One Hundred
| Dollars (SlOOOO) each, payable III cash,
property, or for services rendered. And
! payment for subscription TO part of the
! capital stock is given and accepted III
the amount and for the consideration OF
the property and good VIII shown on
| the annexed detailed itemtzcd descrip-
| ton of said property, together with
statement of its value as appraised by
! the directors, which is made part hereof
! and is to be read in connection with
/ these articles of incorporation.
The corporation shall commence doing
| business soon as Twelve Thousand
| Five hundred Dollars of the capital stock
shall have been subscribed and paid for.
| Any stakeholder may sell, assign or
| transfer his stock in this corporation,
provided thirty days notice of such in
| tentiOn to sell, assign or transfer the
same be given the company, and the
other stockholders shall have the first
privilege of purchasing same at book
. value, after which thirty days notice the
said stock may be sold in open market.
| ARTICLE Nv. The domicile of the
said corporation shall be in the city OF
! New Orleans, state Of Louisiana.
| The President or, in his or her absence,
| the Vice President shall be the proper
person upon whom citation or other legal
! process shall be served.
This corporation, unless sooner dis
| solved, shall exist and continue for the
period of ninety nine years from and
after the date hereof.
| ARTICLE V. All corporate powers
composed of three stockholders. The
| Board of Directors may fill vacancies in
| their number, however caused, by cleo
ton from among the stockholders,
| sist OF Mrs. Harry U. STAGE, who shall
| be President, and whose pOstofhce ad-
dress is No. 1864 Magazine street, New
Orleans, La; Arthur V. Robertson, who
shall be VicePresident, and whose post
! office address is No. 1851 Chestnut street.
1 New Orleans, La, and James j. Landry,
who shall be Secretary Treasurer. and
whose postoftice address is No. 1864 Mag
azine street, New Orleans, La.
Said board shall continue in office
until January 2, 1923, on which date and
| thereafter annually a Board OF Directors
| shall be elected on the second day of
January of each year, unless the same
| shall be a legal holiday, when the cleo
ton shall be held on the next legal day
| thereafter.
After each election the Board of Direc-
tors shall elect from their number the
officers of the corporation.
! The said board is further authorized
to frame and adopt such bylaws, rules
and regulations as the affairs and bust
ness of the corporation may require, and
as it may deem necessary for the con-
Quoting and management thereof.
| ARTICLE VI. This charter may be
amended and the capital stock of this
| corporation may be increased de-
creased, OF the corporation may be dis
solved, in the manner and method pro-
ARTICLE VII. No stakeholder shall
ever be held liable or responsible for
the contracts or faults of this cOrpor-
alton in any further sum than the I'M
paid balance on the stock for which he
has subscribed nor shall any mere in
fOrmality in organization have the effect
of rendering this charter null or of ex-
posing a stakeholder to any liability
| than as above provided.
ARTICLE VIII. Whenever this cor
pOratiOn shall be dissolved, whether by
Limitation or from any other cause. the
affairs thereof shall be liquidated by
three stockholders to be elected and
qualified in the manner provided by law
And they shall continue in office until
the affairs of this corporation shall have
been fully settled and liquidated. In
case of the death of one of the liquida-
tors, or his refusal or inability to serve
the remaining liquidatOrs may them.
selves proceed with all the power and
authority vested in the full membership
Thus done and passed at my nOtaria
office in the city of New Orleans, on
the day, month and year herein first
NJ Blum and Arthur Clasen, competent
witnesses, who hereunto sign their names
with the said appearers and me, Notary
after due reading of the whole.
Original signed: Mrs. ii. o. STAGE
Pres; Arthur V. Robertson, vice-Pres.
James j. Landry, Secty-Treas.
X. NJ. BLUM,
A. CLASEN.
c. W. PUNEKY,
Notary Public.
C. w. PUNEKY,
Notary Public.
Statement and appraisal of property
accepted in payment for capital stock
Of the II. o. STAGE Iron Works, Incor-
We, the undersigned Board Of Direc-
tors of the III. o. STAGE Iron Works, Inc,
hereby certify that We have received in
fun payment for subscription to 2OC
shares of the capital stock of this cor
poratiOn the following described prop
erty, which is appraised by us at the
various sums set opposite each item or
article, and which total the sum OF
$2002S.45:
2 portable boring bars. $4,000; hand
breast drilling machine, hand ratchets
$500; l bOilermaker's ........, $500;
machinists ........, $500; 1 chain drill
$3.50; l blacksmith's anvil. $1,000;
crank pin returning tool, $4,000; 1 auto
mobile tool kit, $500; 1 electric hand
drill. 5000; electric portable grinders
$4,000; timers ships, $500; l wise
snip, $3.50; l valve reseating machine
with cutters, S133.55; Pinch screw
jacks, $5.SS; l 5-tOn hydraulic jack, $4,000
automobile jacks, $500: 1 ratchet
$500; 1 old man IS inches. $500;
IA X 30 lathe boring bar for square
cutter, $500; 1 g. +. motor. IL II. p.
$4,000; 1 Spare motor, 1 1-2 ii. p, 5000
l 23-inch with 5-fOot bed planer, $4,000
l 24-inch with 5-foot bed planer. $4,000
l upright Hoefer Mfg. drill press, $3.50 90
No. lie Bland grinder with attach.
ments, $4,000: l WalcOt lathe, 26-inch
with 12foOt bed. 24inch chuck. S1SOOOO
1 lie Bland lathe. 24-inch. with S-foo
6-inch chuck, sl752.OO; . Carroll Jameson
lathes, s1966.0O; l Canedy- Otto radia
drill, $4,000: l lathe 42-inch. with 10
100000; l6-inch Springfield shaper. will
chuck, $4,000: Charles A. Stelinger III
speed drill, $500: 1 Racine saw, S135.OO
1 No. rapid cut saw, S65.00; / No.
rapid cut saw, $500: l No. 3 lie BLAND
; heavy duty miller. 100000; No. Alta.
hand press, S13s.00: No. 1 10-inch pos
drill, $500; l Willard No. power press
s4S5W; Baldwin knife grinder. $500