The herald., 1922-09-07
CHARTER OF THE CONCRETE PIPE
COMPANY, INC.

II! or New Orleans lie il known, that
"m inns me twenty second day Of the
Ihohih OF August, in the year of our
Lord. one thousand nine hundred and
twenty two. before me. Edward UaspeI
Notary Public. duly commissioned and
quallflrd, in and for the Parish and state
aforesaid. therein residing. and i'm the
presence OF the Witnesses hereinafter
named and Undersigned personally came
anu appeared the persons whose names
are hcrruuto subscribed. all of the fuu
axe oi majority, whose places of rpsidenc,
are hereinafter expressed. who ScveraIIy
declared that. ayailing themselves of the
PROVISIONS OF this Act of the Legislature
nt thIS state. known as Act No a67 Of
the acts Of the Session of 1914. as sinh
Seqh"ntly amended. they do by these
presents, covenant, agree, and hind them
~ may become hereafter associated with
them. in order To form and constitute
corporation or body polite in law, for
IN" Objects and purposes, and under the
Nt'PulatlohS Following, t0-wit:
ARTICLE The nam. and title NJ this
corporation shall be the Concrete pine
company. Inc. and IL shall have and
ENJOY succession and existence for n pcriod
OF nlnrty-nine years from date hereof 1t
shall have the power and authority Ia
Su" and he sued i'm its cornorcte name
IN any court of competent Jurisdiction:
I" contract 10 make and use a common
sea- ana after the same at pleasure: to
aciulr" PROPERTY hv grant, gift. and pur-
chase. and by devise or Request: to lease
hold and dispose Of and TO pledge and
70 mortgage the same, all subject TO the
limitations as may be provided by law.
To issue bonds and notes to borrow Nancy.
70 appoint such officers and agents as
the business of the corporation may re-
quire and to fix their compensation: to
nam" directors and managers and 10
make and establish bylaws rules and
,'-n.at:Cns for the management Of the
hnSlneSS affairs Of said CORPORATION as may
he requisite and necessary.
poration shall he in the city of New Or
leans. state of Louisiana. where all cita-
tionS and other legal process shall he
served upon the property officers thereof
ARTICLE UI-Thc objects and pur-
poses for which this CORPORATION is estab-
llshed and the nature of the business to
be carried on by II are declared and
specified to he: to manufacture. buy and
sell concrete sanitary sewer pipe drain
tile. highway covered pipe raiIroad cul-
vert pipe. roofing and other tiles buiII-
ing block. fence posts. and all other con
crete and cement products: also building
materials and supplies of any and all
description whatsoever: also to exchange
barter and deal in same either at whole
sale or retail. as jobbers or contractors:
10 engage in the business of highway
contracting road building. and general
contracting and construction and bust
nesSeS incidental TO the carrying on of
such pursuits and businesses.
ARTICLE Iv-The capitaI stock Of this
corporation is hereby declared to he the
sum Of Fifty Thousand $50 600 OO) dollars
divided into Five Hundred (5OO shares
Of One Hundred Cs10OOOl dollars each and
tho amount Of each share shall be paid
for in accordance with law. The capitaI
stock of this corporation may he subse-
quentlv increased tn One Hundred Thou
sand Dollars $500. OOOOO).
ARTICLE V-The corporate powers OF
this corporation shall be vested in
l'oard Of Directors to be cOmnOSed OF six
a iRaf tor tlWan a.
quorum. for the transaction 81 business.
The Directors are to he elected by tho
stockholders NJ general meeting to be
held on the third Monday in January Of
each year: provided that there shall be
no such election in the year Of 1923
At all meetings for the elections OF this
CORPORATION. each stakeholder shall be en-
Titled 10 one vote for each share of stock
standing in his name on the books of the
company. which vote shall be cast in
person or by proxy.
The Board of Directors shall have the
mower to make all bylaws, rules and
regulations necessary for the conduct Of
the business affairs Of said corporation:
and they shall elect from their number
President. one or more Vice-Presidents.
and y Secretary Treasurer: provided that
the office of Secretary and Treasurer NAV.
in the discretion Of the Board Of Direc-
tors, be separated.
Until the election to he held as herein
above provided. the following shall CON
stitute the first Board Of Directors: Alfred
Y. Newell. William $. Newell. Neal w
Newell. Seba S. Newell. Charles l.. Dnlin
and Osward Newell, with Alfred #. Newell
as President; William s. Newell, as Vice
President; Neal W. Newell as Vice
President; Seba $ Newell. as vice-Presi-
don't. Charles L. Dulin. as Vice-president
and Oswald Newell. as Secretary Treasurer.
ARTICLE vI-The capital stock Of this
corporation may be increased or decreased
ut any time in accordance with laws OF
this State. This charter may be amended.
altered or modified. or the corporation
| stockholders. voting by shares at n meet
ing convened for that purpose after IF
| teen DAYS previous personal notice. or
such notice that NAV he required by law
| Of such meeting shall have been given.
ARTICLE Vino stakeholder OF this
corporation shall ever be held liable for
any or the Indebtedness. contracts or
| faults thereof. I'm any further sum than
| the unpaid balance due the corporation
| on the shares owned nv him. nor shalt
| any informalitv in the organization have
| the effect Of rendering this charter null.
or Of exposing shareholder to any liza
| bility whatever.
ARTICLE VIA failure at any time
| to hold meeting or elect directors or
officers as herein provided, shall not
work forfeiture of this charter, or dis
solve the cOrporation. but the existing
Road Of Directors and officers shall con-
time in office until their successors in
office have been elected.
ARTICLE KAT the expiration OF this
charter. unless sooner dissolved, its af-
fairs shall be liquidated by one or more
| commissioners to he appointed bv the
stockholders in meeting. assembled for
that purpose, and who are invested with
full power to sell all the assets and prop
ertv. real and personal. OF this corporation.
and to convey full and complete title
| thereto. and TO do and perform all acts
essential TO full and complete liquida-
tiOn Of the affairs Of this corporation.
| and to divide the proceeds, II any. in ac-
cordance with law.
Thus done and passed at nv office In
the City Of New Orleans, Louisiana. on
the dav and in the month and year first
hereinahova written. in the presence Of
Cuthbert S. Baldwin and J. J. Jackson.
competent witnesses. whose names IRE
| hereunto subscribed as such, together with
the said appearers. and me. Notary, after
reading OF the whole.
Original signed: Names Of subscribers
| omitted.
Witnesses: J. J. Jackson. Cuthbert s.
Baldwin.
EDWARD HASPEL.
Notary Public.
Recorded in the Mortgage Office Of the
Parish OF Orleans, on August q, 1922,
| In Book 1873. folio 90
A true copy:
/ EDWARD HASPEL.
II nLl H.