The herald., 1922-05-25
CHARTER.

lut ,lt II.
chase or sell letters patent; To- name
.Ie,r and appoint managers, directors,
agents clerks or other employees I"
properly conduct IFS 'nrP"'llr TuSI 80
aud I" make ana tSIa"II>" ~, ~ ,r,,nJ
rules and regulations ~ IIi y,
necessary or d'Slfaol' I1i ~ H.,
ment Of the business anu d"",LN N d
corporation. ana E"h'rallN u" 10 az on"
every other a't. h''hh'r .. -,rr,in,
on, t'i ia ImiIi"n.s -" tb,. same extent
~" ~" ,,,,I .',,,, ,,i5rt ar ,.nuld do in
q" '', 20 ~ ,,-,rld 81. priurip:lS
.',..rt rontr,,.,or. ar othrrviS. alone or
T.; a,,,,.,,i, ,,.i,L ,,I.r.
j" ,".,,',"E u" .,..,,
NE Il IL u Inc ""i'I''.r "I 'utH ~.
hnI"I"" Hhai '' J" NJ "' Srato NJ
,'It''.>. d. I>n W ;.i, other
l."ui~idn Whcr" I'D! CITATIONS or o'irl
I,-'i rro''H- Sn''i "' >''''" "I"m ,h,
n'"': ~. J" Ms "'>''''' "''
We" ir'>lu'A'
ARTICLE Ill Tn" objects ana Pnr-
/ poses tor which this corporation Is organ
lied and the nature OF ia" business Z"
hr carried on 10y % Hr" stated ana ne
rlar'd L" b" as follows. ''.Wj.
. !" carry ON a general roofing huSl.
/ hr>>I I,.u"'". wv i..' ,'i aH" ,n,t,
/ 81 HH kihIN 81 r""I"- ".' I"'."L 'ma IN
/ rlalN. Nh"Ir"!' '"" ''''... I"i' 'l .n,it
/ mission ANA Z" i'\. '''.' 500"
/ same. ana u" 'ui'r '"'" any anu Hl ''I,,
| tracts or agreement, Tor me P"Il'">" ~
! selling. laying 'F''Iiu- anu '"u>'I"''-
/ ing Nld r""hh& h''''I',', W"''H'I ~
/ rrin'lIai> or agents. anu l' .'">r' "HA'
h"ld ana sell an ~''" P'"l'i'N' "i''l''
cry ana equipment, '''i "' ''',','''
/ m"vahI" or Imm"Eahl". a> may h' n'''N-
SarN Tor the prosecution OF sal" '">i"'>N-
> To carry on "a general business IN
cudiu. the purchase and sal" at whole
sal" and retail of roofing. contractors
equipment. supplies. materials machin-
cries and tools. aud enter into all con
tracts and agreements necessary TO the
prosecution Of said business.
r., ,r,1, for ar rurcb9,r or other
wise aruuirr, and To- grant licenses for
tL. ms. Of to s,u assign or otherwise
J.,I in and MS. n,t.ut. p.tcut- rights.
IL. Ii,,r,... rad. marks trade
| r.r,,,. devices and iuprry.d or secret
,.r,..y...H -, ..'ry sort and do.criution
processes "i 'N'rl N"t' anu IT,, -, mn mn
/ 49,. ~
70 10 ro,.r.s,,,t rs ,,,art f,r tho mr.
rosos Of di.trih1tin, or having roofing
- | 49, -oo,i,,,, ,,.,t,ri.,i 1r.ruf,.tuars agents
~ distrihutors of racing or roofing ma
,,ri'i. and to carrv an surh other busi-
,aIS os r",v bc isvfuI and ,s may be
| - ua.s,r,, 80 d-ir,Li, mud surh
I""ii" n',rS,nn VI w 81 ~. " aornor
tio, ~ ,bis lind
''''T ,r ". c.i,,, .,,.t - this
! Ahil, LIZ " ,aPlI" S'", VI u;s,
p corporation Is herehE MI at r,IlH
lhouSahu l"llarS I T5o,VOU;TU,, u nt t6a
mar nar yaIne Of FifrV polI.rs $50 0O each.
! :" no Maid in cash or its equivalent in
: ra 1Uir''S StocG NAV be increased To-
4 dollars No st3ckholder shall ever be
. held Iiabl,. or resnoHsibIe for the debts,
= nf
% i'm snv fnrtber snm than the balance due
- m ~ 'D i!ornnraiiop on thp shares of stock
: smhs,rihaJ nv him nor shall the stock
l. | no Suhiactad IN ossessmrnts
oe rha Jcornar NJ Shall begin business
r and become a going concern AS soon as
= Thirty Thousand Dollars $3.50 100000 of
tb mi'' c,nitaI sfo"k snail have been sub
IS scribed for. and Fifteen Thousand Dol
= lars (SI5 600 OO1 of the stock shall have
d been issued and paid for Whenever it
:. shall become necessary or desirable to
I .s.,f,,
II authorized stock each stakeholder shall
d be given an opportunity to purchase so
n much of the same at par value in pro-
e nortion 70 his or her interest in the first
Thirty Thousand Dollars $3.50 OOOOO of
g. stock issued, No stock shah be sold by
" any stakeholder in this corporation with
~ out first altering the same TO the corpor-
NJ otion AZ its then market value
" The general meeting of stockholders
n shall take Mace on the second Tuesday
" of December of the year beginning VITA
$ the second Tuesday of December, 1872
n The President of the company may
n whenever he deems it advisable, cal
A. sneciaI meetings of the stockholders. Al
r ali meetings a majority of stock present
Id and represented shall constitute a quorum
4. for the TRANSACTION of business.
ed ARTICLE vi. All the corporate pow
v 20 ~; oarnnration shall he vestes
a. ;n oUd ansrcisad nv q Rnard Of Direc
d. an" comnnSaJ Of thrae stockbolders
OF when hu hirSs nay peta Of sIeuk nresen
rs "! on,nsan,oA ~ me.ting called 10,
al anu .h, repressn'ed INN a. tha sncond Tnesda,
at ~ Dacapbsr IS92 the following NAMED
of vi Deeen,y Si,, To- on,s,i,nta ,ha load NJ
,y RRirso,, 90 ,his c,rnoration to-wit
RS nSiu =, 49, Oh :rayiar. los A
IS Shares 70, 49, fanis lang
d, Sse Snrnca o. A0pe~' ''
in Tharpas,ar tb. d,r.c,ors shall he elect
o. al annnaIIv on the second TUESDAY o.
in naoemher h.oinninV with the wear 1922
- s,a,Lbo1dar nav no eIigibIe fo
r. 1nay, h.rsbin ON tho Hoard of director,
of ,n;,hont ragard to the number of share,
RS nwnad nv him or her. All ELECTIONS FOL
n Siractors shall he by ballot. and eaci
he cShoidar shall no entitled TO one yot,
K To- each director for each share OF stool
er standina in his or her name on the book
he NJ the cornoration: each vote may b.
zee COS, eitber in nersou or by proxy, 4
en- faiInre 70 eIect The directors on the sec
k ond TUESDAY of December or annual,
in Thereafter shall NOT work a forfeiture O
IT. this Charter Int the old Board of Direc
ID. tors shall remain i'm office until thei
is snnoossnrs orc elected and oualifed.
let spTTT9E VII Tho Hoard of Direc
fll 80 aham ho,d rag,iar meetings at state,
s s a, sncb times as shall he IKE,
his an ,ha h,v'iaws Of this cornoration Thes
re- m.a,ingS shall he held at the domicil
Its ~ tha cornoration bnt the President ma
IN call sneciai meetings. Of the board a
on unh an % ha MAJ doom advisabIe an
ny So shan no raouirad to cali such specia
he a,,inns whaoeyar reonested So to do b
Tor a d;raetor Three DAYS; notice of sue
In