The herald., 1922-03-02
CHARTER.
OF ECONOMY IRON
CHAkw WORKS. INC.

ee thousand NV Warren V. Miller. No
~ 90 before me- ;n and for the Parish or
" Pubic, " Of Louisiana, duly COM
sreabs. saS qualified, and IN the pres pres
ASSIGNED an witnesses hereafter nah a,'
sps oi.sigued, personally Ga hnso anu names "
spd no several persons 80 tho fnII
sssred inc .,bscribed. all above tne !ul,
y hereto SUI ,i. and citizens Of the United
- Of maloIG;c who severally declared
s.stes Of ALL themselves Of the dement's
AT. ayalhns ~ the Constitution Oh the
I'd provisions s,sna, and of the laws oil
sfste Of Loiatiye 10 the organization OF
ad stare PARTICULARLY Act zoo OF l'lt:
cspora.rIOonn Assembly OF tne Seaee Ot
q ths and all amehdInen, s,roaS and
louisiana; ors eovenated and agreed ana
q they nave osents. covenant and agree
A By tnese PaseIyes as well as such per
md bina hereafter join or become as
snps a. ma! tbem and their successors,
socisted W. susn seIyes into and Ordaln ana
"a form enornoration and body pOlltlc
sasbis1 rho objects and purposes anu
% NV ~, NO stipulations following to-"l'
un aa 1.-The name and title OF
ARlr.naration shall be the bC9honl!
tbs Tn,ts Inc, and under salu COT
fen name It shall have anu eHJos
ctssioh iV' aa,s hereof, under It's cOrpor-
from tns Commencing with the date of
sie name .nIess sooner dissolved by the
IBIS acl, S.s stockholders, in the manner
tfisn u hy law; under its corporate
prosias.o hall have and enjoy ana eNer-
rsne n y ,be rights and powers ana priv
ds a. hereinafter set forth, as wen ~
~ now granted or that may hersa !Lil
tbose "a nv law to corporations OF TINS
b gan with full authority 10 contract,
eharscIsi 10 sned, plead and be impleaded,
ae snu answer and prosecute. in any ana
sppeaL ~ iustice. and elsewhere: TO
eoolS nse a corporate seal, which is
ns ussr described as follows:
k,sv, concentric circles within the words
.yn..omy Iron Works, Inc, New OF
- In the margin ana deslgh Ol
Peneaa ~ and appoint such directors,
~ managers, clerks, attorneys,
enr. and other employees to admins
AI sHsIrs as may be deemed neceS-
vi " nroper: TO make and ordain
hy-lsWs rules and regulations for
=. ,,oper management Of its affairs as
~ NJ deemed necessary and proper. ana
49, sane TO repeal, amend and after at
pleasure. ri, 5o,,,o;Io ~ tho cor
.i.,an shall be in New Orleans, and
y ssstions or other legal process shall
~ 'srrsd mon the President of said cor
e.ian or In the event Of his absence,
IN the Vice President, who Is acting
,r,sdent. or in the absence OF both, as
~ law directs.
lRTIcLE III-The capital stock OF this
,.,serstion Is hereby fixed at twenty
.a.psspd dollars (S20,00O.00) divided into
sTo thousand 10000 shares Of the par
s.,.s N Ten dollars $1,000 each. Which
..r,.l stock shall be paid in cash.
IA stock shall be represented by GER
asrstes Of stock, signed by the Presi-
49, and Treasurer, and. in the absence
n The President by the Vice-President.
,,d shall be transferred on the books
A tbe Company only upon surrender of
,,aS AZ loss or destruction Of the out
s,pdipr certificate: and no stakeholder
shsI no entitled to vote on any shares
tr,nserred 10 him within thirty days pre-
e,dIne the day upon which he attempts
70 vote same.
The capital stock shall be fully paid
md non-sssessable; when issued it shall
h represented by certificate and shall
h personal property.
Transfers Of the stock Of this corpora
tin shall be made only on the books
n fails corporation by the stockholders
IN person or by written proxy, and I'M
Der such regulations as the Board of Di-
rriors may prescribe.
ARTICLE Tv-The objects and pur-
poses for which this corporation is or
rnlfed and the nature of the business
to he carried on by 1t. hereby declared
10 be-, To manufacture. deal in. build.
install repair, buy and sell marine special
ties Marine engines. Gas engines, gasoline
sarnes. Marine boilers bulls, accessories,
apparatus and appliances of all kinds
usd In connection Herewith. In fact.
!, nanufacture. repair and sell pipe,
ulses machinery, fittings and machin-
ny parts Of any and every nature, and
a aaf osa 10
utsfturing jobbing. fabricating, machin-
cry. and supply business, and TO trans
sei such other business incidental there
70 A. may be necessary and proper In the
tondnct OF the business of said cOrpor-
ston.
ARTICLE v-The affairs of this cor
perstion shall be managed and all cor
poisie powers thereof shall be vested in
and exercised by Board of Directors
wnpcsed Of not less than three, nor
more than five stockholders and not less
nan three Of such Board shall consti-
ute quorum for the transaction OF
business
ARTICLE vI-This act Of incorpora-
u'n may be modified, changed or al
l7ed; the capital stock may be increased.
srrsaed modified or added to. or the
number OF shares may be changed. or
us evaporation may be dissolved by a
t two-thirds Of the amount of cap
m stock when present or represented and
wuhg II general meeting of the stock
s'eet convened for such purpose or pur-
n<s tffer thirty days notice by pub
sausr m newspaper In the City of
~ odeans, and written notice duly ad-
scsea aud mailed to every stakeholder
= record At his last known address, or
sch address Is unknown. then by mail
mme 70 such stakeholder care Cen
~ Delivery, New Orleans, Louisiana,
saH thirty days previous to said
Ing such meeting or meetings may
aned At any time by the Board of
son upon Its own motion. and must
oled BY said Board upon the writ
49,. rqaest OF stockholders holding a ma
~, I the capital stock Of this cor
epen dissolution Of this corporation
y ne action OF Its stockholders. as afore-
y the expiration of its charter.
hsfs snail be liquidated by three
S.'1oners appointed by a majority
~ aocknolders present or represented
nss,' vune A. said general meeting. The
~ ~ o. hquidating, the compensation
m ~ .s re powers Of the commissioners and
.,.. aAef matters pertaining TO the liouid-
~ tnis corporation shall be fixed
,ltasrmined by a majority of the
,.s,s. aefs present and represented and
lsSs,. " such general meeting Of stock
en- - VINO stakeholder shall
~. nable for the contracts, faults
nx 49, o. this corporation nor shall
en,. iniormality In the organization
S,r.s ~ .sserporation have the effect of rem
r~is. ms charter null. or rendering any
$500 liable beyond the unpaid
ssss - Il any, remaining due on his
mtsr. iE vIII-The first Board of Di-
ii,.s .ais corporation is hereby fixed
bssS = 70 number and shall be com
sr,ss q Peter Barbalich. sI2o Forshey
EssS.,.s orleans, La; William p.
ana i.s 8. Olympia street, New Or
6pv .i,s., Seo. Pendergast. 2O3 st. An
~. sien. A5 s. RenGon street sire 'e Saw Or r.
neei1.s whc will serve until the first
pssfiss " the stockholders Of this cor
4 hss be-. - s, until their successors shall
w rter s. Barbalich as s"u prs sidnea
Ca p Aaahman, Vas Vice presideut