The herald. [volume] (New Orleans, La.) 1905-1953, 1922-10-05
CHARTER OF THE CONCRETE PIPE
COMPANY, INC.

State of Louisiana. Parish of Orleans,
'lty or New Orleans. BE it 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
pnahtled, 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 severalIy
declared that, availing themselves of the
provisions of this Act of the Legislature
the acts of the Session of 1914. as sub
sequently amended. they do by these
presents, covenant, agree. and bind them
selves as well as all such other persons
a. may become hereafter associated with
them, In order to form and constitute
a corporation or body polite in law, for
the objects and purposes, and under the
supulations following, to-wit:
ARTICLE 1.-The name and title of this
corporation shall be the "Concrete pine
Company, Inc, and 1t shall have and
enjoy succession and existence for a period
OF ninety-nine years from date hereof II
shalI nave the power and authority to
sue and be sued in it's corporate name
in any court of competent Jurisdiction:
TO contract to make and use a common
seal and alter the same at pleasure: 10
acquire property by grant, gift, and pur-
chase, and by devise or bequest: to lease
hold and dispose OF, and to pledge and
10 mortgage the same, all subject to the
limitations as may be provided by law
10 issue ponds and notes; to borrow money
70 appoint such officers and agents as
the business of the corporation NAV re-
quire and to fix their compensation: TO
name directors and managers. and TO
make ana establish bylaws, rules and
it~u!at:Cns for the management of ibe
business affairs of said CORPORATION as may
be requisite and necessary
ARTICLE 1.-THE dornicile of this cor
poration shall be in the city of New Or
leans, State of Louisiana. where ali eta
tons and other legal process shall he
served upon the property officers thereof
ARTICLE III-The objects and pur-
poses for which this corporation is estab-
llshed and the nature of the business to
specified to be: to manufacture buy and
sell concrete sanitary sewer pipe, drain
tile. highway covered pipe, railroad Gull
vert pipe, roofing and other tiles, build
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
to engage in the business of highway
contracting, road building, and general
contracting and construction and bust
nesSes Incidental to the carrying on of
ARTICLE Iv-The capital stock Of this
corporation is hereby declared to be the
sum of Fifty Thousand ESQ 600 OO dollars;
divided into Five Hundred (5OO) shares
of One Hundred (s100.0O) dollars each, and
the amount of each share shall be Maid
for in accordance with law. The capital
stock OF this corporation may be subse-
quently increased to One Hundred Thou
sand Dollars (s100, OO0OO).
ARTICLE V-The corporate powers Of
ia nnr
Board of Directors to be composed of six
directors, three of whom shall constitute
q quorum, for the transaction of business
The directors are to be elected by the
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 to 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
power to make all bylaws, rules and
the business affairs of said CORPORATION
and they shall elect from their number
a PRESIDENT. one or more Vice Presidents, |
ana Secretary-Treasu provided that
in the discretion of the Board of Diree,
tors, be separated.
Until the election to be held as herein |
above provided, the following shall con-
Stitute the first Board Of Directors: Alfred
i. Newell William s. Newell. Neal w.
Newell, Seba s. Newell, Charles l.. Dulin
and Osward Newell, with Alfred T. Newell
as President; William s. Newell, as Vice
President; Neal W. Newell, as Vice
President; Seba s. Newell, as vice-Presf- |
dent 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
at any time in accordance with laws of |
this State. This charter may be amended. |
altered or modified, or the corporation |
dissolved by a vote of thirds of the |
ing convened for that purpose, after fif- |
teen days previous personal notice, or |
such notice that may be required by law,
Of such meeting shall have been given.
ARTICLE VII-No stockholder of this