The herald., 1922-12-21
CHARTER OF
r., j, dorm CO, INC,


II. j. DORM CO., INC.
State of Louisiana, Parish of Orleans,
City Of New Orleans. Be II known that
on this the ninth day of the month of
November, in the year of our Lord. one
thousand nine hundred and twenty two,
before me, Edouard f. Henriques, 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, came and appeared in per-
son the persons whose names are here
unto subscribed, all above the full age
me that. availing themselves of the priv
ilege offered by the laws of the state Of
Louisiana relative to the formation of
corporations, and more particularly by
Assembly of the state of Louisiana for
the year 1914, they have covenanted and
agreed and by these presents do cove
nant and agree and bind themselves as
well as such other persons as may here
after become associated with them, to
form themselves into and constitute a
corporation and body polite in law for
the purposes and objects and under the
stipulations, articles. and conditions fol-
lowing, to-wit:
ARTICLE /. The name and style of
this corporation shall be r. J. Dorm
Co.. Inc, and under its said corporate
name it shall have and enjoy all the
rights, advantages and privileges granted
by law to corporations.
his corporation, unless SOONER us
solved in accordance with this charter,
shall have and enjoy corporate existence
and succession for the full term and
period Of ninety nine 800 years from and
after the date hereof.
1t shall have the power and authority
to contract, sue and be sued under its
corporate name; to make and use cor
porate seal, and the same to break and
purchase, improve. ALLEVIATE, convey, sell.
borrow, pledge. lease, mortgage and
hypothecate under its said corporate
name, property, real personal and mixed,
corporal and incorpOreal, without limit
as to kind or amount; to name and ap-
point such directors, officers, agents.
managers and employees as the business,
interest or convenience of the corporation
may require; to make and establish by
laws, rules and regulations for the
proper management and regulation OF
and proper, and the same to change and
alter at pleasure: and to do all other acts
and things permitted by law as shall
or may be necessary and proper to carry
pOration; il being hereby expressly pro-
vided that the foregoing and following
enumeration of specific powers shall not
be held to limit or restrict in any manner
the powers accorded by law to such cor
porations.
ARTICLE III. The domicile of this
corporation is hereby established in the
city of New Orleans, state of Louisiana.
but it may establish amid operate branch
offices and agencies throughout the state
OF Louisiana, and in other states and
foreign countries.
All citation and other legal process
shall be served upon the President, or
in his absence or inability to act from
any cause, on either the Vice President
absence of all of said officers, service
may be made on any other regularly
employed officer, agent or employee
found in the domiciliary office Of the
Ian
ARTICLE III. The objects and pur-
poses for which this corporation is
organized and the nature of the business
to be carried on by it are hereby de-
u5 70 manufacture. purchase. sell.
export and import roofing material and
supplies of stone, cement, asbestos,
wood, sheet metal. paper or other ma
sell or otherwise dispose of same
(2) To establish warehouses, agencies.
offices etc. for the storage and sale Of
the articles and products, manufactured
by itself or others throughout Louisiana
and other states or territories of the
United States Of America, and in foreign
countries.
(S) To buy, SELL deal in, export and
import any and every kind or descrip-
ton of material, merchandise. products
or other property. and to act as pur-
chasing and selling agents therefor.
a. Generally to do and to engage in
any other business, undertaking or en-
terprise connected with, growing out of.
germane, necessary or incidental to the
several objects and purposes hereinabove
set forth or contemplated by this charter.
ARTICLE ". The capital stock of
this corporation is hereby fixed at the
on on Dollars
d ihsS AND and Fifty Gaso shares Of the par
value of One Hundred Dollars t$100.00)
each, all Of which shall be common stock
| said stock shall be paid for in cash, or
same may be issued at not less than
| par, In payment for labor done or ser
vice performed for said corporation, or
in exchange for property or rights act
ually received or purchased by said cor.
| poration, in accordance with law. All
shares Of stock shall be issued full paid
This corporation shall have the right
to increase its capital stock to any
4, amount not exceeding One Million Dol
lars Ssi. 100000 ool; ..n. r,u. uu,,..,
Dollars ($s7. 5O0.00) or Fifty (50) percent
I Of the capital stock of this corporation
has been subscribed for at the time OF
the execution Of this act Of incorpora-
going concern and shall be authorized
| to engage in business as soon as Fifty
| (50) percent Of the amount so subscribed
shall be actually paid in. in cash; the
for shall be paid In, in cash, within one
year from and after the date hereof
The residium of the stock shall be sub
scribed, issued and paid for in cash OF
property. ETC.. subject to the action and
call Of the Board Of Directors. in con-
! formity with the existing provisions OF
laws pertaining thereto.
No stock shall be sold or transferred
until an opportunity Is first afforded al
other stockholders Of record to purchase
said stock at book value, as shown by
Sf st noee ~ to ue sell nG
| be given by the owner to the Board oil
| Directors and transmitted without delay
| by 1t to the stockholders, who are hereby
given fifteen (15 days (from receipt OF
the Boards notice. to accept and pay
| for such stock in cash: each stockholdel
to have the right to purchase in proper
ton to his holdings the shares to b
holders as are DESTROYS to participat,
in the purchase. Failure Of the stock
| holders to buy shall, by expiration o.
the time limit. release the stakeholder.
from the effect of this provision.
ARTICLE v. All the corporate powers
and exercised by a Board Of three (3
directors, composed Of bona fde stock
holders. each Of whom shall own at al
times one fun paid, unpledged share o.
stock; two directors shall constitute
quorum for the transaction Of business
Roger Joseph Dorm, Havana. Cuba
Rene Dorm, 81 Wei, l. street; New m,, YOTl
DIS Maison Blanche building, New Or
leans, La, shall constitute the first Boart
Of Directors, with Roger Joseph DorI
! as president. Rene Dorm as vice-president
and Charles A. Duchamp as secretary
treasurer. Said Board and officers shall
serve until the third Monday in Noyem
Der, 1923, or until their SUCCESSORS hav'
| k.<~v lr.lv al, al nd