The herald. [volume] (New Orleans, La.) 1905-1953, 1922-11-16

/ 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 ONCE, II
the city Of New Orleans, on the day and
| In the month and year herein first abov'
/ written. and In the presence of VIM
Mason Smith, Jr.. and J. NJ. Sour, compe
their names. with the said appeareri
and me. notary. after reading Of tn,
| whole.
(ORIGINAL sIGNED.)
Witnesses: VIM. Mason Smith, J. r
| Sour.
WILLIAM GUSTE,
| Notary Public.
WILLIAM GUsTE.
Notary Public.
Nov. 16-Dec21
CHARTER OF II. A. CABIRAC CO.. INC
State Of Louisiana. Parish OF Orleans
City of New Orleans. Be 1t known that OF
this 2Sth day Of the month of October
1922; before me. Martin ii. 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
persons whose names are hereunto sub
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.
venant and agree and bind themselves, as
well as all persons as may hereafter be-
come associated with them, to form 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
well as mortgage and hypothecate prop
erty, real. personal and mixed, corporal
and incorporeal; to name and appoint
such managers, agents, directors and Of
ficers 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
tons or other legal process shall be
served upon the president Of said cor
poration, or in his absence upon the vice
president, and In the absence of both of
said officers, upon the secretary treasurer
ARTICLE III-The objects and pur-
poses for which this corporation is es-
tablished and the nature Of the business
to be carried ON BY it, are hereby de-
clared to be plumbing and heating and
general contractors in any line whatso-
ever. and to do all things incidental to
or connected with the purposes afore-
said.
ARTICLE Iv-The authorized capital
stock Of this corporation is hereby de-
clared to be fifteen thousand dollars
l$15,OO0.OO) divided into $50 shares Of the
par value Of one hundred dollars ($1O0.OO)
per share; which said capital stock may
be increased to the sum Of twenty thous-
and ($2O.000.00) dollars. This corporation
snail be going concern when fifty per
cent Of the capital stock shall have been
subscribed and paid for. and may be for
actually received.
ARTICLE v-All the corporate powers
Of this corporation shall be vested in and
exercised BY a board Of directors to be
holders, the majority Of whom shall con
stitute quorum for the transaction Of
business. The directors shall be elected
ANNUALLY an Hany Sy ballot IT,, on the first Monday
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
board Of directors shall begin when this
corporation Is going concern
All directors shall hold Office until their
successors have been elected and quail
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.
k4ll -
one vote for each share of stock standing
IN MS name on the books of the corpo-
ration, to be cast In person or by proxy.
and majority Of the votes cast shall
Any vacancy occurring among the d.
rectors By death, resignation, Or other
wise. shall be filled by election for the
balance Of the term Of the board by the
remaining directors. failure to elect
directors on the date above specified shall
not dissolve the corporation, but the d.
reetors then in office shall remain in Of
nee until their successors are elected and
and shall cause an election to
be held as soon as possible thereafter.
when due notice thereof shall have been
given as heretofore provided.
Inc following named persons shall con-
stitute the first board Of directors, and |
1923, or until their successor IN
snail be elected and qualified H A. Cahi
rae, president; r. J. Cabirac, vice presi- |
ueht' MIS- lda Cabfrac, secretary -treas-
srer; Henry Cabirac. Mrs. Marguerite e. |
!, The board Of directors shall elect from |
lneir number president. vice president |
ana secretary treasurer, and the latter
need not be stakeholder in the cornora
lion. Said board Of directors NAV an
point from time to time such clerks.
agents and other employees as II NAV
ieem necessary. for the purposes ana |
BUSINESS OF said corporation, and the
BOARD or directors may make and estsh.
y isn,as well as alter and amend, any and
III bylaws, rules and regulations nacas-
AIRY ana proper for the support ana
management OF the affairs Of said corno-
allon. The said board shall also have
,ower to issue and deliver full maid
mares OF stock for cash, or in payment
OF labor done or property actuaIjv "a.
eived BY said corporation. Each d,rac-
on shail have authority to appoint in
hung proxy to represent him AZ ali
'eefings OF the board
ARTICLE vI-Wheneyer this cornore.
on shall be dissolved, either by Iimits-
on OF Dy any other cause, its affairs
nan De hquidated by three commia-
oners, to be appointed from among the i
ockhoiders at general meeting Is be
,nvened for such purposes, Of which
y ana time provided for stockhoIders'
settings BY Article Y Of this charter, and /
majority In amount Of the capital stock | c
liz corpofntioa represente4 ct sucA 10