The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-23

State of Louisiana, Parish of Orleans,
City of New Orleans, Be it known. That
on this 9th day of the month OF Feb
ruary, in the year of our Lord one thous-
and nine hundred and twenty-five, be-
fore me- Frederic c. Marx, a notary pub
lie. duly commissioned and qualitied In
and for the Parish of Orleans, City or
New Orleans, State of Louisiana, therein
residing and in the presence of the wit
nesses hereinafter named and under
signed, Personally came and appeared,
the several persons whose names are
hereunto subscribed, who severally de-
clared that availing themselves of the
laws of the State of Louisiana, in such
cases made and provided, they have cove
nanted and agreed and bind themselves as
well as all such persons as may hereafter
become associated with them to form a
corporation for the objects and purposes
and under the articles and stipulations
following, to-wit:
ARTICLE 1.-The name of this corpora
ton shall be American Heating & Plumb:
ing Company, Inc, and under its said
corporate name ii shall have power and
authority to have and enjoy corporate
existence and succession for the full term
and period of ninety nine years from and
after the date hereof; to contract. to sue
and be sued. to make and to use corpo-
rate seal and the same to alter and break
at pleasure; to hold, receive, lease pur-
chase and convey, as well as mortgage and
hypothecate property, real, personal and
mixed, corporal and incorporeal; to name
and APPOINT such managers, agents, direc-
| tors and officers as its business interest
and convenience may require, and to make
| and establish. as well as alter and amend
| from time to time such bylaws, rules and
| regulations for the proper government of
the affairs of said corporation as may be
necessary and proper.
ARTICLE 1.-THE domicile of this CO.
poration shall be in the City of New Or
| leans State of Louisiana. and all citations
or other legal process shall be served up
on the president of said corporation. or In
| the event of his absence, upon the first
vice president thereof, and In the absence
| of both of said officers upon the treasurer
| of said corporation.
ARTICLE III-The objects and pur-
poses for which this corporation is or
ganized and established and the nature OF
| the business to be carried on by 1t are
4 hereby declared to be: the carrying on OF
\ a heating and plumbing business; gen
| eral supply business, for their own &C
| count, as agents or on commission, plumb
ing goods and supplies, plumbing special.
| ties. including iron ware, enamel and
| vitreous ware and brass and rubber goods
used by plumbers, steam goods and sup
| plies, steam specialties, engineers supplies
and specialties. gas and electric appli.
| ances, sawmill, oil mill. railroad and
plantation machinery and supplies, and
all articles and merchandise whatever con
nected with the plumbing and machinery
business; and to do a general contracting
| business. and to do all things incidental
to or connected with said business. This
corporation shall further have the right
| to acquire patent rights to such ma
terials. and shall have the right to en-
gage In the manufacturing and sale OF
| the same.
ARTICLE Iv-The capital stock of thi,
corporation is hereby fixed at the sun
of fifty thousand and 90 900 100000 Ol
divided into and represented by. five hun
dred (50O) shares Of the par value of on,
hundred and 90 700 dollars (s1OO.0o) each
Said stock shall be paid for in cash, or II
such installments at such time and aftel
such notice to subscribers as the board
of directors may fix, or same may be is
sued at not less than par for labor done Of
services performed for said corporation, o.
for property or rights actually received
by said corporation.
Twenty-Five thousand and 90 700 dol
lars (s25.0O0) Of the capital stock ha
been subscribed to the corporation at tn
time of the passing Of this act of incor
poration, and this corporation shall be
come going concern and shall be au
thorized to commence business as sool
as twenty-five thousand and 90 900 dol
lars ($25O00O0) of its capital stock shall
have been paid for, either In cash or 70
labor done, or services performed for sal,
corporation. or for property or rights &C
tually transferred to 1t.
ARTICLE v-The capital stock Of thi
sum of two hundred and fifty thousan,
and 90 700 dollars $3.50 000.00) by a vot
OF two-thirds Of all the stock, at a meet
ing called for that purpose.
ARTICLE VI-Transfer Of stock shall
be made only on the books of the corpora
ton. subject to such regulations and form
alities as the board Of directors may pre-
scribe. Any stakeholder wishing to sci
his stock must offer the same in writing
to the other stockholders, through tn
board Of directors. at a price not exceed
ing the book value thereof, who shall
have an option to purchase all shares o
stock to be disposed Of by sale, resigna
ton. death, or otherwise, of any OF IL
members. and they shall have fifteen day
In which to accept or decline said offer
Should the board Of directors decline {,
purchase any stock. the stakeholder VIII,
has made the offer to SELL may then dis
pose Of his stock In any manner or at an,
price he may see fit. but any sale o.
transfer made by a stakeholder in viola
ton Of this article shall be void. and M
| transfer of stock shall be made on tn,
books Of the corporation unless the provi-
| sions thereof are strictly complied with.
| ARTICLE VII-An the corporate
powers Of this corporation shall be vested
In and exercised by a board of directors
composed Of five stockholders, three of
whom shall constitute q quorum for the
transaction of business. Any director may
be represented by written proxy at any