The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-27

United States of America. State of Louis
lana. Parish of Orleans. City of New Or
leans, ON this. the 18th day of March.
1922. before me, John ]. Kelley, notary
public in and for this Parish and State,
personally came and appeared: The sew
eral persons whose names are hereunto
subscribed. who declare that awaiting
themselves of the laws of this state. par
ticularly Act 267 of 1914, they have agreed
among themselves and such other persons
as may hereafter join with them, to form
corporation under the following terms,
conditions and stipulations:
ARTICLE 1.-The name of this corpora
ton is III. T. Parks & Company, Inc"
1t shall have power to sue and be sued
and to enter into contracts, to establish
bylaws and make regulations for the
management of its affairs; it shall exist
for a period of ninety mine years, unless
sooner dissolved; its dOmicile shall be in
the City of New Orleans; citation shall be
served upon the president, or, in his alb
sence, on the secretary treasurer OF the
company.
ARTICLE 1.-THE objects and purposes
are to do a general contracting business;
to build houses and to grant, sell. lease
or mortgage same; to borrow money ana
to give the necessary security therefor,
with full power to do and perform all acts
in connection Herewith and germane there
to. including the right to purchase and
sell property. real. personal and mixed.
ARTICLE III-The capital stock is fixed
at S5.00O.00. all common, divided into hfty
shares, par value $4,000 each. This cor
poration shall have the right to commence
business when fifty per cent of its capt.
! tai stock shall have been subscribed. The
right is reserved to increase the amount
of it's capital stock to $25.000.OO. All
| transfers of stock shall be made on the
books of the company on the surrender or
the outstanding certificates and pursuant
| to such rules as the board of directors
may prescribe.
ADrICI no m of the cor
pOratiOn shall be managed by n board of
| three directors. two of whom shall con-
| stitute n quorum for the transaction or
business. The board shall elect from Its
number a president, a vice president and
| a secretary treasurer, the latter offices to
| be combined. The board shall have full
and complete control of the business az
| fairs and property of the corporation. Any
vacancy on the board shall be filled by the
! remaining members for the uneXplred
/ term. The first board of directors shall
| be composed of: II. T. Parks. president
and general manager: l.. c. deLeon, vice
president: Miss Vivian deLeon, secretary
| treasurer: which said board shall serve
until the first meeting of the stockholders
| or until their successors are elected on the
| second Monday of March. 1923 and annu-
ally thereafter. All elections shall be by
| ballot and each share of stock shall be
| entitled to one vote, whether cast In per-
son or by proxy.
| ARTICLE y-This charter may be
| changed. altered or amended, ana tne cor
poratiOn may be dissolved or liquidated
in the method and manner pointed out by
| Act 267 of 1914.
| ARTICLE VINO stakeholder shall ever
! be held liable or responsible for the con-
tracts or faults of this corporation in any
further sum than the unpaid balance due
the corporation on the shares owned by
him. nor shall any mere informality in or
| ganizatiOn have the effect of rendering this
| charter null or exposing any stockholder
to any liability beyond the amount Of hi-
unpaid stock.
Thus done and passed. in my office In
the City of New Orleans, State Of Louis
| lana. In the presence of Joseph A. Casey
and Ben. Hocke competent witnesses re-
! siding in this city, who hereunto sigr
their names with said appearers and me
notary after a due reading of the whole
on the day, month and year first above
written.
witnesses: Jos. A. Casey, Ben. Hoeke
JNO. J. REILLEY.
Notary Public
I. the undersigned. Recorder of Mort
cages for the Parish Of Orleans, State Of
Louisiana. do hereby certify that thu
above and foregoing charter of III. II
Parks & Company. Inc, was this da,
duly recorded in my office in Book 126S
folio 100
New Orleans, La, March 27th. 1922.
ROBT. SCOTT.
Deputy Recorder
true copy:
JNO. J. REILLEY.
(SeaD: Notary Public
|