The herald., 1922-12-14

III,
this charter may serve as the subscrip-
ton list of the corporation; all OF which
subscriptions are payable in the manner
and form set out herein.
Thus done and passed, at my Office, in
the city Of New Orleans. on the day and
in the month and year herein first above
written. and in the presence OF VIM.
Mason Smith, Jr.. and J. NJ. Sour compe-
tent witnesses, who have hereunto signed
their names, with the said appearers
/ and me, notary, after reading of the
/ whole.
ORIGINAL SIGNED)
Witnesses: VIM. Mason Smith, J. F.
Sour.
WILLIAM GUSTE.
! Notary Public.
WILLIAM GUSTE.
Notary Public.
Recorded in NJ. o. B. 1879. folio =.
Nov. 16- Dec21
! CHARTER OF II. A. CABIRAC CO., INC
State of Louisiana, Parish OF Orleans
City of New Orleans, Be il known that on
this 2Sth day of the month Of October
l922; before me. Martin III. Manion, a no
tary public. duly sworn, commissioned
and qualified. in and for the Parish of Or
leans, State of Louisiana, and therein re-
siding, and in the presence of the wit
nesses hereinafter named and under
signed, personally came and appeared the
,
scribed, who severally declared that, avail
ing themselves of the laws of the State
Of Louisiana, in such cases made and
provided. they have covenanted and
agreed, and do, by these presents, CO.
yenant and agree and bind themselves, as
we'll as all persons as may hereafter be-
come associated with them, to form a cor
poration for the objects and purposes, and
under the articles and stipulations follow
ing. ~tO-wit:
ARTICLE 1.-The name Of this corpora
ton shall be III. A. Cabirac Co., Inc" %,
and under said corporate name Ii shall
have power and authority to enjoy sue
cession for the full term and period of
ninety nine years from and after the date
hereof; to contract, sue and be sued; to
make and use a corporate seal, and the
same to alter or break at pleasure; TO
hold, receive, purchase and convey, as
erty, real, personal and mixed, corporal
and incorporeal; to name and appoint
such managers, agents, directors and Of
icers as its business interests and con-
venience may require. and to make and
establish, as well as alter and amend
from time to time such bylaws. rules
and regulations for the proper govern
ment of the affairs Of said corporation as
may be necessary and proper.
ARTICLE 1.-THE domicile Of this cor
poration shall be in the City OF New Or
leans, State of Louisiana, and all cita-
tions or other legal process shall be
poration, or in his absence upon the vice.
president, and in the absence Of both of
said officers, upon the secretary treasurer
of said corporation.
poses for which this corporation is es-
tablished and the nature Of the business
to be carried on by 1t, are hereby de-
clared to be plumbing and heating and
ever, and to do all things incidental to
or connected with the purposes afore-
said.
ARTICLE Iv-The authorized capital
clared to be fifteen thousand dollars
($15.OOO.0O) divided into $50 shares of the
par value Of one hundred dollars ($100.OO)
per share; which said capital stock may
and s2O,OOOOO dollars This corporation
shall be going concern when fifty per
cent of the capital stock shall have been
subscribed and paid for. and may be for
cash or In payment for labor or property
ARTICLE Vail the corporate powers
or this corporation shall be vested in and
exercised by board of directors to be
composed Of not less than five stock
holders, the majority Of whom shall con
stitute a quorum for the transaction Of
business. The directors shall be elected
annually by ballot on the first Monday
Of November Of 1923. The board of d.
rectors elected with this charter shall re-
main In office until the meeting the first
Monday in November 1923, or until their
successors shall have been elected and
qualified. The term Of office of the first
board of directors shall begin when this
corporation is going concern
All directors shall hold office until their
successors have been elected and auali-
fed. Notice Of election shall be given by
registered letter not less than fifteen full
days prior to such election, addressed to
the last known residence or place of
business Of the stakeholder.
Every stakeholder shall be entitled to
one vote fer each share of stock standing
in his name on the books Of the corpo,
ration, to be cast in person or by proxy.
elect
Any vacancy occurring among the d.
rectors BIZ death. resignation, or other
wise shall be filled by election for the
balance OF the term Of the board by the
directors. A failure to elect
directors on the date above specified shall
not dissolve the corporation, but the d.
rectors then in office shall remain in Of
nee until their successors are elected and
qualified, and shall cause an election to
De held as soon as possible thereafter.
given as heretofore provided.
Inc Following named persons shall con-
stitute the first board Of directors. and
hold M. their office fife until the first Monday in
snail be elected and qualified n. A. Cabi. |
rae. president: r. J. Cabirac. yice-presi. |
dent; Mrs. Ida Cabirac, secretary-treas-
Srer; Henry Cabirac. Mrs. Marguerite e.
The board Of directors shall elect from
their number president, vice president.
and secretary-treasurer, and the latter
need not be stakeholder in the corpora.
ton. Said board Of directors NAV an |
point from time to time such clerks. |
agents and other employees as Il NAV
deem necessary. for the purposes and
business Of said corporation, and the
BOARD or directors may make and estah-
nsh,as well as alter and amend. any and
an bylaws, rules and regulations neces-
Sary and proper for the support and
management Of the affairs OF said corno-
ration. The said board shall also have
mower to Issue and deliver fulI maid
shares Of stock for cash, or In payment
TOT labor done or property ACTUALLY re.
ceived nv said corporation. Each direc.
tor shall have authority to appoint in
writing proxy to represent him at All
meetings Of the hoard
ARTICLE vI-whenever this cornors.
ton shall be dissolved. either by Iimita.
ton or by any other cause. its afYairs
shall be hquidated by three commits.
sioners. to be appointed from among the |
Mt general meeting to he |
convened for such purposes. of which /
meeting notice shall he uivou fu