The herald. [volume] (New Orleans, La.) 1905-1953, 1922-09-21
CHARTER OF THE CONCRETE PIPE
COMPANY, INC.

CHARTER OF THE CONCRETE PIPE
COMPANY, INC.
| State Of Louisiana Parish of Orleans
| City of New Orleans. BE il known, that
! on this the twenty second day of the
month of August, in the year Of our
| Lord. one thousand nine hundred and
| twenty-five, before me, Edward Haspel.
! a Notary Public. duly commissioned and
qualified. in and for the Parish and State
! aforesaid. therein residing. and in the
| presence of the witnesses. hereinafter
named and undersigned. personally came
! and appeared the persons whose names
are hereuntO subscribed. all Of the full
| age of majority. whose places Of residence
! are hereinafter expressed. who seyerally
| declared that availing themselves of the
| provisions Of this Act of the Legislature
| Of this State. known as Act No 267 of
! the acts of the Session of 1914. as sub
| sequently amended they do by these
| presents, covenant, agree and bind them
! selves as well all such other persons
as may become hereafter associated with
! them. in order TO form and constitute
a corporation body polite in law. for
the objects and purposes. and under the
stipulations following, tO-wit:
/ ARTICLE THE name and title of this
corporation shall be the Concrete Pipe
Company. Inc. and il shall have and
enjoy succession and existence for a period
of ninety nine years from date hereof. 1t
| shall have the power and authority to
4
In any court of competent jurisdiction: .
10 contract to make and use a common
seal and alter the same at pleasure: to
acquire property by grant. gift, and pur
chase, and by devise or Request: to lease
hold and dispose OF. and to pledge and
to mortgage the same. all subject to the
limitations as may he provided by law :
to issue bonds and notes: to borrow money ::
to appoint such officers and agents as
the business Of the corporation NAV r"-
quire and to fix their compensation; to
name directors and managers. and to
make and establish bylaws. rules and
it'.u!nt:ons for the management of The
business affairs Of said CORPORATION as may
he requisite and necessary.
ARTICLE 1.-THE domicile Of this cor
pOration shall be in the city of New Or
/. leans. State of Louisiana. whore all cita-
tons and other legal process shall he
served upon the property officers thereof.
ARTICLE HI-Thc objects and pur-
noses for which this corporation Is estab-
. lished and the nature Of the business 10
, he carried on by II are declared and
specified 10 he: to manufacture. buy and
sell concrete sanitary sewer pipe. drain
tile highway covered pine. railroad cul-
: vert pipe, roofing and other tiles. build
ing block. fence posts: and all other con-
l crete and cement products: also building
materials and supplies of any and all
. description whatsoever: also to exchange
l barter and deal in same either at whole
sale or retail as jobberS or contractors
70 engage in the business OF highway
r contracting. road building. and general
\ contracting and construction and bust
nesSeS incidental to the carrying on Of
such pursuits and businesses.
}. ARTICLE Iv-The capital stock of this
e corporation is hereby declared to be tbs
g sum If Fifty Thousand $50 900 OOl dollars
! divided into Five Hundred (50O) shares
! Of One Hundred (S1O0.OOl dollars each. and
< the amount Of each share shall he paid
9 for in accordance with law. The capita
stock Of this corporation may he snbse
Guentlv increased 10 One Hundred Thou
Q sand Dollars $500 100000.
Q ARTICLE V-The corporate powers Of
. this corporation shall be vested in !;
Roard of Directors to he COMPOSED OF sly
" directors. three Of whom shall constitute
5 quorum. for the transaction Of business
' The Directors are to he elected by thu
T stockholders at n general meeting to b.
!. held on the third Monday in Januarv q
\ each wear: provided that there shall b.
;, no such election in the year OF 1923.
vt all meetings for the elections Of Thu
corporation. each stakeholder shall he en-
II titled to one vote for each share of stool
y standing in his name on the books Of tn
y company. which vote shall be cast II
q | person or by proxy.
The Board Of Directors shall have tn
r mower to make all bylaws. rules an'
$ regulations necessary for the conduct o
|, tn" business affairs of said corporation
h and they shall elect from their numbe
: n President one or more Vice-Presidents
$ and n Secretary Treasurer: provided tina
h the office Of Secretary and Treasurer may
70 in the discretion Of the Board of Diree
II tors. he separated.
e Until the election to he held as herein
l. above provided. the following shall con
Sttute the first BOARD of Directors: Alfre
Il T. Newell. William s. Newell Neal w
II Newell. Seba s. Newell. Charles L. Dull
d and Osward Newell. with Alfred T. Newell
l. rs President: William s. Newell. as Vice
te President: Neal W. Newell. as Vice
3 President; Seba s Newell as vice-Presi
IF dent: Charles l.. Dulin. ms Vice President
r. and Oswald Newell. as Secretary Treasurel
? ARTICLE VI-The capital stock Of thi
re corporation may he increased or decrease
~ at anv time in accordance with laws {
D this State. This charter may be amended
~ altered or modified. or the corpOratio
~ stockholders. voting by shares at mee
- ing convened for that purpose. after III
y teen DAYS nrevious personal notice.
~ Such notice that NAV he required by Law
~ Of such meeting shall have been given.
o. ARTICLE Vino stakeholder of III
of corporation shall ever he held liable fC
OF anv of the indebtedness. contracts
no faults thereof. in any further sum tina
ne the unpaid balance due the corporatio
I'd on the shares owned nv him. nor sha
he any informality in the organization hay
he the effect Of rendering this charter nu'
Id or Of exposing a shareholder to any Iii
OF bility whatever.
RS ARTICLE villa failure at any tin
We TO hold a meeting or elect directors I
d; officers as herein provided, shall n
nd work forfeiture Of this charter, or di
r. solve the corporation. but the existir
RS Road of Directors and officers shall COZ
ne Time in office until their successors
office have been elected.
as ARTICLE kat the expiration Of tn
as charter unless sooner dissolved, It's a
Is fairs shall he liquidated by one or mo
en- commissioners to he appointed by u
on stockholders in meeting. assembled 4
st that purpose and who are invested Wi
al full power to sell all the assets and pro
no ertv. real and personal. of this corporatio
he and to convey full and complete tit
On thereto. and to do and perform all az
We essential TO a full and complete liquid
us ton Of the affairs Of this corporatio
TO and to divide the proceeds, IL any. In a
cOrdance with law.
Thus done and passed at my office
ed the City of New Orleans, Louisiana,
It's the day and in the month and year fir
NJ: hereinabove' written. in the presence
all Cuthbert s. Baldwin and ]. J. Jackso
oy competent witnesses. whose names =
II bareunto subscribed as such, together wi