The herald., 1922-01-19
CHARTER.

bred 5000 shares of the par value of
Fifty Dollars $4,000 each, which shall
be paid for in cash, or may be issued Tor
property actually received by the corpora
! ton or for services rendered. The cap
/ ital stock may be increased to the sum
| of Twenty Thousand Dollars ($2OOOOOO).
! ARTICLE IV-The location or the DOM
/ icle of said corporation shall be in the
| City of New Orleans, in the Parish OF
! Orleans, State of Louisiana.
ARTICLE V-The period of duration
| of said corporation shall be Fifty 600
years.
! ARTICLE VI-The number of direc-
tors Of said corporation shall be three.
| The officers of said corporation shall be
those provided for by law, and such oti-
| GERS as may be provided for by the by
laws The names and pOStOilCe addresses
| of the directors of said corporation who
are selected to serve for the first year.
or until their successors are elected and
qualified, shall be as follows:
George l.. Marchesseau, his North
Rochcblave Street, New Orleans, La.
Asahel Walker Cooper, 1919 Valence
Street, New Orleans, La.
Daniel ID. Ewing. 1899 Richardson
Court, New Orleans, La.
| with George l.. Marchesseau, as Presl.
dent; Asahel W. Cooper, as Vice-Presi-
dent and Daniel ID. Ewing, Secretary
Treasurer. The officers and directors of
| this corporation shall at all times be
| stockholders, and should any officer or
director during his tenure of office cease
| to be a stakeholder, he shall ipSo facto
cease to be an officer or director hereof,
and the vacancy thus created shall be
filled by the remaining members of the
Board from among the stockholders.
| ARTICLE VII-The names of the sub
scribers to these articles of incorpOra-
ton and the number of shares of stock
which each subscriber is to take in said
corporation. are follows:
George l.. Marchesseau, Al shares. par
value $4,000.
Asahel w. Copper shares, par value
| $4,000.
Daniel d. Ewing, 3 shares, par value;
$4,000.
ARTICLE vIII-The subscriptions Of
| Asahel W. Cooper and Daniel ID. Ewing
to the number of shares of the capital
| stock of this corporation as above set
forth in Article VII. are to be paid for
in cash. The subscription of George l..
| MarchesSeau for Al shares of the capital
| stock of this corporation as above set
forth in Article VII, fsto be paid for by
| him as follows: For nineteen shares
thereof by the sale and transfer by him
| to this corporation of all of his right,
title and interest in and to the property
and assets of the business hitherto con
Quoted by him under the name of George
l.. Marchesseau, at the price of Nine Hun
dred and Fifty Dollars (S95OOO; and
/
said subscription shall be paid for in ac-
cordance with law.
And there is annexed hereto to be read
| in connection with these articles OF In
| corporation. an accurate and detailed state.
ment of the property and assets OF said
| business hitherto conducted by said
| George l.. Marchesseau, together with a
statement of the value thereof, as APP
praised by said George L. Marchesseau
I Asahel w. Copper and Daniel ID. Ewing
q 4 fha al of ha
: ARTICLE IN-Each share of stock
! shall be entitled to one vote. There
I" shall be no cumulative voting.
ARTICLE X-The Board of Directors
| of said corporation are hereby vested
with all the corporate power OF said cor
pOratiOn, including among other powers
| the following. viz: the power TO make
g alter and amend suitable bylaws for thu
, | government of said corporation; the
j | power to borrow money, execute mort
, cages, issue notes or bonds, to sell OF
u | pledge the same, and generally to do al
e | things pertinent to or necessary for tn
u | objects and purposes Of said corporation
{ | or which are, or may be permitted by the
u laws applicable to corporations, the abov,
recital of powers granted to the Boaro
i of Directors not being exclusive, the IN
y tention being to vest the Board of Dtrec'
tors with all such other and further pow
| ers as may be proper to accomplish the
u objects and purposes of said corporation
| STOCKHOLDERS meetings int tlcNbAOi
of directors of said corporation shall b'
!, held annually on the second Monday OF
u January of each year beginning with the
: year 1923. The Board of Directors named
:, in this charter shall hold office until saiC
e second Monday in January. 1923, or unit
| their successors are duly elected anc
. qualified Failure to elect Directors oil
L to hold an annual meeting on the day
| specified in this charter will not dissolve
l the corporation, but the Directors theI
In Office shall remain in Office until theii
1 successors are elected and installed.
ARTICLE XI-The President and Vice
i President, the Secretary and Treasures
shall be authorized to receive service Of
all legal process.
!. Thus done and signed in my Office IL
4 the City of New Orleans, in the presenc,
e of George II. Wygant and Frank 81
2 Ames, competent witnesses, both OF this
v city, who have hereunto signed theil
o names with the said appearers and me
notary, on the date and day first above
written and the subscribers do hereby
| subscribe for and agree to pay for the
number of shares set opposite theil
names.
ORIGINALLY SIGNED):
Geo. l.. Marchesseau, 141S N. Roche
blave Street. A shares.
A. w. Cooper, 1919 Valence Street, New
: Orleans, La, shares.
ID. d. Ewing, 1899 Richardson Court
v CHAs f. FLETCHINGER.
h Notary Public.
e witnesses: G. II. Wygant and Franz
i III. Ames.
l. /, the undersigned Recorder of Mort
l, cages in and for the Parish OF Orleans
e State of Louisiana, do hereby certify tina
y the above and foregoing Act of 1ncorpor
n alton of George L. Marchesseau, Inc, wa
II this day duly recorded in my office. In
/ Guiding the statement of the value OF tn
r property and good will given in paymen
e of subscriptions of stock of said corpora
o ton. as set out in said charter, as ap
{, praised by the Directors annexed to SAT-
u Act Of Incorporation, in Book 1868, foli'
Is New Orleans. La, December 10. 192L
4, (Signed) ROBT. SCOTT,
y Deputy Recorder.
d A TRUE COPY:
IS Chas. F. Fletchinger