The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-08
THE HERALD, ALcIERs, LOUISIANA
CHARTER

kinds of mechanical devices, appliances
| inventions and other works ana machln-
cry; and TO buy, sell, make ana repair
| tools and instruments and supplies OF
| every description and kind that are or
can be made out of or from brass cop
per. iron and other metals. or OF WOOD ;
to 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; and generally
to do and engage in any other business
undertaking or enterprise connected WIN
and growing out OF, germane or lhcl-
dental to any of the purposes hereinabove
set out or contemplated by this charter
ARTICLE Ill. The capital stock OF
said corporation shall be Twenty -nve
Thousand Dollars tS2J,OOOOO), divided
into and represented by two hundred and
fifty shares of the sum of One Hundred
Dollars CSlOO.O0) each. payable in cash,
property, or for services rendered. And
payment for subscription 10 part OF the
capital stock is given and accepted IN
the amount and for the consideration OF
the property and good will shown on
the annexed detailed itemized descrlp-
ton of said property, together with a
statement of its value appraised by
the directors. which is made part hereof
and is to be read in connection with
these articles Of incorporation.
The corporation shall commence dong
business as soon as Twelve Thousand
Five Hundred Dollars of the capital stock !
shall have been subscribed and paid for. |
Any 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 have 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 in the city OF
NANg Ri nf
The President or. in his or her absence,
the VicePresident 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 a Board of Directors
of three stockholders. The
Board of Directors may fll vacancies in
heir number. however caused, by cleo
ion from among the stockholders.
The first Board of Directors shall con-
list of Mrs. Harry o. STAGE, who shall
,e President. and whose pOstOftce ad- ,
orleans. La: Arthur V. Robertson, who ,
hall be Vice-President. and whose post
'ftice address is No. 53J1 Chestnut street. ,
iew Orleans. La. and James J. Landry: !
Who shall be SecretaryTrcasurer. and
whose postoffice address is No. 1854 Mag ,
zine street. New Orleans. La.
said board shall continue in office
ntil January .. 1923. on which date and
hereafter annually Board of Directors {
hall be elected on the second day Of a
anuary of each year. unless the same {
hall be legal holiday. when the cleo 4
ion shall be held on the next legal day
hereafter. a
After each election the Board of Direc-
DIS shall elect from their number the e
Ulcers of the corporation. II
The said board is further authorized h
frame and adopt such bylaws, rules
nd regulations as the affairs and bust a
ess of the corporation may require, and il
: IL may deem necessary for the con-
ucting and management thereof. b
ARTICLE VI This charter may be I;
mended and the capital stock of this C,
'rporation may be increased or de- a
'eased, or the corporation may be dis p
lived. in the manner and method pro- b.
ded by law. OF
ARTICLE VII. No stakeholder shall Ii
'er be held liable or responsible for al
ion in any further sum than the I'M m
lid balance on the stock for which he ci
Is subscribed. nor shall any mere in al
rmality in organization have the effect pl
rendering this charter null or of ex- oil
'sing stakeholder to any liability aC
an as above provided. an
ration shall be dissolved. whether by of
IMITATION or from any other cause. the
fairs thereof shall be liquidated by pc
rec stockholders to be elected and ha
allneu In the manner provided by law. to
I'd they shall continue in office until or
e affairs of this corporation shall have tn
en- fully settled and iiquidated. In
Sc Of the death of one of the liduida- ad
RS or MS REFUSAL or lnabillty TO serve. pc
? remaining liquidators may them DO
YES proceed with all the power and en-
thority vested in the full membership. ge
Thus done and passed at my nOtarial tn,
ice IN the city OF New orleans, on mt
= day, month and year herein first to
owe written, in the presence of Robert lie
Blum and Arthur Clasen, competent tic
lnesses, VINO hereunto sign their names its
IN the sald appearers and me, Notary, sal
er due reading Of the whole. ne,
original signed: Mrs. H. o. STAGE no
Ps.: Arthur Y. Robertson. vice-Pres Law
mes J. Landry, Secty-Treas STA
Witnesses: oti
r. NJ BLUM
A. CLASEN. ort
c. w. PUNEKY, mai
Notary Public me
true CODY: INC