The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-29
CHARTER

kinds of mechanical devices, appliances.
inventions and other works anu machin-
cry; ana to buy, sell, make and repair
tools and instruments and supplies OF
every description and Kind that are OF
can be made out Of or from BRASS cop
per, iron and other metals, or OF wood f;
10 carry on Il turning plant, and to rent,
sell and otherwise dispose OF machinery
and all apparatus and articles that may
be made, handled, manufactured or re-
paired in the aforesaid plant or machine
shops OF said corporation; anu generally
TO 40 and engage i'll any other business,
undertaking or enterprise connected with
and growing out Of. germane or Incl
dental To any OF the purposes nerclndbUNe
set out or contemplated by this charter.
ARTICLE Ill. The capital stock Of
said corporation shall be twenty -hNe
Thousand Dollars (S2J,UOO.OOJ, divided
into and represented by two hundred and
NIFTY shares of the sum OF one Hundred
Dollars (SlOOOOg each, payable Ill cash,
property, or Tor services rendered. And
aymcnt for subscription TO part OF the
capital stock Is given and accepted III
the amount and Tor the consideration of
the property and good Will shown Oh
the annexed detailed tented descrip-
ton of said property, together with II
statement OF its value as appraised by
the directors, which is made part hereof
and is 10 be read i'll connection with
these articles of incorporation.
The corporation shall commence doing
business as soon as Twelve Thousand
Five hundred Dollars of the capital stock
shall have been subscribed ana paid for.
Amy stakeholder may sell, assign or
transfer his stock in this corporation,
provided thirty days notice OF such in
tention to sell, assign or transfer the
same be given the company, and the
other stockholders shall nave the first
privilege Of purchasing same at book
value, after which thirty days notice the
said stock may be sold in open market.
ARTICLE ~. The dOmiCile of the
said corporation shall be i'll the city OF
New Orleans. state Of Louisiana
The President or, in his or her absence,
the Vice President shall be the proper
person upon whom citation or other legal
process shall be served.
This corporation, unless sooner dis
solved, shall exist and continue for the
period of ninety nine years from and
after the date hereof.
ARTICLE V. All corporate powers
shall be vested in Il Board of Directors
composed of three stockholders. The
Board of Directors may I'LL vacancies i'll
their number, however caused, by elec-
ton from among the stockholders.
The first Board of Directors shall con
Sist of Mrs. Harry y. STAGE, who shall
be President, and whose postoftce ad-
dress is No. 1904 Magazine street, New
orleans, La; Arthur V. Robertson, who
shall bee Nice-President, and whose post
office address is No. J3Jl Chestnut street,
New Orleans, La, and James j. Landry,
who shall be Secretary Treasurer, and
whose postoftice address is No. 1904 Mag
azine street, New Orleans, La.
said board shall continue in office
until January >, 1928, on which date and
thereafter annually a Board of Directors
shall be elected on the second day of
January of each year, unless the same
shall be legal holiday, when the cleo
ton shall be held on the next legal day
thereafter.
After each election the Board of Direc-
tors shall elect from their number the
officers of the corporation.
The said board is further authorized
to frame and adopt such bylaws, rules
and regulations as the affairs and bust
ness % the corporation may require, and
as il may deem necessary for the con-
Quoting and management thereof.
ARTICLE vi. This charter may be
amended and the capital stock of this
corporation may be increased or de-
creased, OF the corporation may be dis
solved, in the manner and method pro-
vided by law.
ARTICLE VII. No stakeholder shall
ever be held liable or responsible for
the contracts or faults of this cOrpOr-
alton in any further sum than the I'M
paid balance on the stock for which he
has subscribed, nor shall any mere in
formality in organization have the effect
| posing a stakeholder to any liability
than as above provided.
| ARTICLE VIII. Whenever this cor
! poratiOn shall be dissolved, whether by
| limitation or from any other cause, tbs
affairs thereof shall be liquidated by
| three stockholders TO be elected and
! qualified In the manner provided by law
| And they shall continue in office unit
! the affairs of this corporation shall hav,
been fully settled and liquidated. Ii
/ case of the death of one of the nquida
| tors or his refusal or inability to serve
the remaining liquidators may them
selves proceed with all the power anC
| authority vested in the full membership
| Thus done and passed at my, notaria
office, in the city of New Orleans, OF
the day, month and year herein frs
| above written, in the presence of Rober
! VI. Blum and Arthur Clasen, competent
witnesses, who hereunto sign their name:
with the said appearers and me, Notary
| after due reading of the whole.
Original signed: Mrs. ii. o. STAGE
| Pres; Arthur V. Robertson, vice-Pres.
James J. Landry, Secty- Treas.
Witnesses:
X. NJ BLUM,
C. W. PUNEKY,
Notary Public.
C. W. PUNEKY,
Notary Public.
| accepted in payment for capital stock
of the III. o. STAGE Iron Works, IncOr-
porated:
We. the undersigned Board of Direc.
| tors of the III. q. STAGE Iron Works, Inc.
hereby certify that we have received in
| full payment for subscription to 20t
shares of the capital stock of this cor
| pOration the following described prop
erty, which is appraised by US at the
various sums set opposite each item oil
article. and which total the sum OF
| $2002S.45:
, portable boring bars, $4,000; 1 hand
| breast drilling machine, hand ratchets
$500: l boilermaker's ........, $500;
machinist's ........, $500; l chain drill
$3.50: 1 blacksmith's anvil, 5000;
| crank pin returning tool, $4,000; 1 auto
mobile tool kit, $500; l electric hand
drill, 5000; electric portable grinders
| $4,000: timers ships, $500; l wise
snip, $3.50; 1 valve reseating machin,
jacks, $5.ss; l 5-ton hydraulic jack, $1,000
automobile jacks, $500; 1 ratchet
5000: l old man Is inches. $500:
| 1 IA Y 30 lathe boring bar for squar,
| cutter. $500; l G. T.. motor. II III. =.
$4,000; Spare motor, l 1-2 III. p, $4,000
l 23-inch with 5-fOOt bed planer, $4,000
l 24-inch with 5-fOOt bed planer, $4,000
l upright Hoefer Mfg. drill press, $3.50 90
| l No. l lie Bland grinder with attach
ments, $4,000; l Walcot lathe, 26-inch
with 12,foot bed, 2i-inch chuck, $4,000
l lie Bland lathe. 2i-inch, with S-foo
6-inch chuck. s1752. 90; . Carroll Jameson
lathes. s1966.00; 1 Canedy- Otto radia
| drill, $4,000; l lathe 42-inch. with 16
| foot bed. 100000; l Reliance bolt cutter
100000; ! 16-inch Springfield shaper, will
| chuck, $500 100: l Charles A. Stelinger III
| speed drill. S25 90. | Racine saw S135 On