The herald., 1922-11-30
Wow. 16-Dec. 9
CHARTER OF

CHARTER OF
X. J. DORM CO., INC.
state Of Louisiana. Parish of Orleans
city OF New Orleans. BE it known that
on this the ninth day Of the month of
November, In the year of our Lord, one
thousand nine hundred and Twenty-Five
before before me- me; Edouard F. Henriques, a
orleans, state of Louisiana, duly commits
stoned and qualified, and in the presence
OF the witnesses hereinafter named and
undersigned, came and appeared in per-
son the persons whose names are here
unto subscribed, all above the full age
OF majority, who personally declared to
ilege offered by the laws Of the state of
| Louisiana relative to the formation Of
corporatlons, and more particularly by
the terms Of Act No. 267 OF the General
the year 1914. they have covenanted and
| agreed and by these presents do cove
nant and agree and bind themselves as
well as such other persons as may here
after become associated with them, to
form themselves into and constitute
corporation and body polite in law for
stipulations. articles and conditions fol-
lowing. towit:
ARTICLE l: The name and style of
this corporation shall be r. ]. Dorm
name Ii shall have and enjoy all the
rights. advantages and privileges granted
ny law 10 cOrpOratlOnS.
This corporation, unless sooner dis
solved in accordance with this charter
shall have and enjoy corporate existence
and succession for the full term and |
after the date hereof.
IL shall have the power and authority |
10 contract. sue and be sued under its
porate seal, and the same to break and |
alter at pleasure; to hold. receive. have
purchase, improve. alternate. convey, SELL
SypotSccate Geder leafs ts sa GSsSse and
name, property. real personal and mixed.
corporeal and incorporeal. without limit
as 70 kind or amount; to name and ap-
managers and employees as the business.
interest or convenience OF the corporation
may require; to make and establish by
proper management and regulation OF
Its Affairs as may be deemed necessary
and proper, and the same to change and
and things permitted by law as shall
or may be necessary and proper to carry
out the objects and purposes Of the cor
p p%Lasio th.t being hereby expressly pro
enumeration of specific powers shall not ;
be held to limit or restrict in any manner
me powers accorded by law to such cor
ARTICLE III. The domicile Of, this
corporation Is hereby established in the
,ity OF New Orleans, state OF Louisiana.
'fhces and agencies throughout the state :
II Louisiana. and In other states and
oreign countries.
All citation and other legal process !,
n MS absence or inability to act from
my cause, on either the Vice President
= the secretary Treasurer: and in the
osence OF all Of said officers. service
nay be made on any other regularly Ii
mployed officer. agent or employee g
o oun6, In the domiciliary office Of the +
ARTICLE III. The objects and pur- 4
'oses for which this Corporation Is n
rganized and the nature Of the business 3
De carried on by 1t are hereby de- 4
D To manufacture. purchase; sell. 3
xport and import roofing material and O
snos shsst m stone cement asbestos. r
erials; and to lay. erect, construct and 8
ell or otherwise dispose of same. n
~ To establish warehouses. agencies, a
ne articles and products manufactured h
y itself or others throughout Louisiana o.
no ether states or territories Of the a,
ni.ed states Of America, and in foreign o
t3) To buy. sell. deal in. export and 81
nport any and every Kind or descrip- 81
on OF material. merchandise. products p,
hasing and selling agents therefor. 81
W GENERALLY to do and to engage in m
by other business, undertaking or en- W
IN.
srmane. necessary or incidentar to the al
veral objects and purposes hereinabove ii
AR RgTfe gF GSptemR Sa BY this charter
is corporation is hereby fixed at the W
I'm Of One Hundred and Seventy five a
aousand Dollars sr75. 0o0OO). divided an
I'D ana ana T Ffte a By Seventeen Hun
ISe q One Hundred Dollars tsfeo.So5 Of Of
en-. all OF which shah be common stock: wi
M stock sx shall ma be paid for in cash. or a
r, In payment for labor done or ser III,
re performed for said corporation, or wi
i, exchange for property or rights act tn,
ration. in accordance with law. All isi
ares OF stock shall be issued fun maid co,
q non -assessabfe. ge
This corporation shan have the right enc en-,
Increase fits capital stock to any OBJ
.oun p, not not exceeding One Million Dol sol
srs Tno as %,,I FIVE Hundred
the capital stock Of this Corporation low
been subscribed for at the time of Wi,
: execution Of this act Of incorpora-
going concern and shall be authorized An,
engage I'm business as soon as Fifty an,
2 percent Of the amount SO subscribed shs
M nain De actually ~ paid in, in CASH the min
OF tne amount so subscribed shs
n from and after the date hereof. all
resfd1um Of the stock shall be sub the
,,perty. etc.. subject to the action and the
Of the Board of Directors. in con. am
nifty with the existing provisions Of Dor
- Pertaining tnereto and
70 =, stock Shall be sold or transferred fit
III an opportunity is first afforded ali All,
er stockholders Of record to purchase A
q stock at book value. as shown by nor
, last inventory preceding such notice Orr
1tten notice Of intention to sell shall nd
given by the owner to the Board OF the
ectors and transmitted without DELAY HIS
1t to the stockholders, who are hereby vic,
en- fifteen Q5) days (from receipt Of abb
BOARDS notice. to accept and nav cor
such stock in cash: each stockhoider a
nave the right to purchase in propor- nos
7 to his holdings the shares to he for,
ided Tin said ratio) among such stock to
ders as are desirous to participafe he
the purchase. Failure Of the stock real
ders to buy shall. BY expiration Of not,
time limit. release the stockhoIders iet
N the eject Of this provision. eve,
HTICLE v. All the corporate powers sccy
this corporation shall be vested in the
exercised by a Board OF three fal and
,ctors, composed Of bona hde stock. To
srs- each of whom shall own At All erec
es one fun paid. unpledRed share 81 for
x; two directors shall CONSTITUTES 4 and
rum for the transaction Of business. suif
oyer Joseph Dorm, Havana. Cuhs men
e Dorm. 80 Wall street, New York iect,
!. N. Y, and Charles A. Duchamp snv
Mafson Blanche building New or. cdtn
9. La, shah constitute the first Board law