The herald., 1922-09-14
CHARTER OF THE CONCRETE PIE
COMPANY, INC.

T.
COMPANY, INC.
state Of Louisiana. Parish Of Orleans.
City of New Orleans. BE il known. that
on this the twenty second day of the
month Of August, in the year Of our
Lord. one thousand nine hundred and
twenty-five, before me. Edward Haspel
a Notary Public, duly commissioned and
qualified, in and for the Parish and State
aforesaid, therein residing, and in the
presence of the witnesses. hereinafter
named and undersigned. personally came
and appeared the persons whose names
are hereunto subscribed all Of the full
age OF majority, whose places of residence
are hereinafter expressed. who Severally
declared that, availing themselves of the
provisions of this Act of the Legislature
Of this State. known as Act No 267 Of
the acts Of the Session of 1914 as sub
Sequently amended. they do by these
presents. covenant agree. and bind them
selves as well as all such other persons
| NAV become hereafter associated with
them. in order to form and constitute
a corporation or body polite in law for
the objects and purposes. and under the
stipulations following, to-wit:
ARTICLE THE name and title of this
corporation shall be the Concrete Pipe
Company. 1nc.". and il shall have and
enjoy succession and existence for a period
! of nincty-nine years from date hereof II
| Shall have the power and authority to
sue and he sued in its corporate name,
| in any court of competent Jurisdiction:
| to contract to make and use common
! seal and alter the same at pleasure: to
acquire property by grant. gift. and pur-
chase. and ny devise or request: to lease,
hold and dispose OF, and to pledge and
! to mortgage the same. all subject to the
| limitations as may he provided by law
to issue bonds and notes: to borrow money:
/ 10 appoint such officers and agents as
! the business Of the corporation NAV re-
! quire and to fix their compensation: to
| name directors and managers. and to
make and establish bylaws. rules and
1 ID, g ~ no m aut nf hn
/ business affairs of said CORPORATION rs may
he requisite and necessary.
! ARTICLE 1.-THE domicile Of this cor
pOration shall be in the city of New Or
! leans. State of Louisiana. whore all cita-
| lions and other legal process shall he
| served upon the property officers thereof.
! ARTICLE UI-Thc objects and DUR
| noses for which this corporation is eStab-
! liShed and the nature of the business to
be carried on by 1t are declared and
! specified TO be: to manufacture. buy and
! sell concrete sanitary sewer pipe. drain
tile. highway covered pine. railroad Gull
vert pipe. roofing and other tiles. build
ing block. fence posts, and all other con-
crete and cement products: also building
materials and supplies of any and all
description whatsoever: also to exchange,
barter and deal in same either at whole
sale or retail, as jObberS or contractors I:
to engage in the business of highway
! contracting. road building and general
contracting and construction and bust
nesseS incidental TO the carrying on OF
such pursuits and businesses.
| ARTICLE IV-The capital stock Of this
corporation is hereby declared to be the
sum Of Fifty Thousand $50 900 O0) dollars.
divided into Five Hundred $500 shares
Of One Hundred (sIO0O0D dollars each, and
the amount Of each. share shall lie paid
for I'm accordance with law. The capital
stock of this corporation may be subse-
uuentlv increased to One Hundred Thou
sand Dollars (s1O0.OOo.O0).
ARTICLE V-The corporate powers of
this coronation shall he vested in a
ROard of Directors to he composed of six
directors. three Of whom shall constitute
quorum. for the transaction of business
The Directors are to be elected by the
stockholders ut n general meeting to he
hold on the third Monday in Januarv OF
each year: provided that there shall be
no such election in the year Of 1923.
At all meetings for the elections Of this
corporation. each stakeholder shall he en-
standing in his name on the books Of the
company. which vote shall he cast in
person or by proxy.
The Board Of Directors shall have the
power to make all bylaws. rules and
regulations necessary for the conduct OF
tho business affairs of said corporation
and they shall elect from their number
President. one or more Nice-Presldents
end Secretsry-Treasurer; provided that
the office Of Secretary and Treasurer NAV
in the discretion of the Board of Diree-
tors. he separated.
! Until the election to he held as herein
above provided the following shall con
stitute the first Board of Directors: Alfred
T. Newell. William s. Newell. Neal W
Newell Seba s. Newell Charles L. Duliu
and Osward Newell with Alfred T. Newell
rs President: William s, Newell, as Vice
! President: Seba s. Newell. as vice-Presi
dent: Charles l.. Dulin. as Vice-President
and Oswald Newell as Secretary Treasurer
ARTICLE VI-The capital stock Of this
{ corporation may be increased or decreased
| at any time in accordance with laws al
this State. This charter may be amended
3 altered or modified. or the corporation
dissolved by vote OF two-thirds or th'
stockholders. voting by shares at a meet
I ing convened for that purpose. after nj
Z teen DAYS previous personal notice, o.
! such notice that NAV he required bv law
r of such meeting shall have been given.
j, ARTICLE VINO stakeholder OF thi
/, corporation shall ever he held liable To-
l any Of the Indebtedness. contracts o
D faults thereof in any further sum thai
: the unpaid balance due the corporation
I on the shares owned bv him. nor shal
Z any infOrmalty in the organization hav
the effect of rendering this charter null
. or Of exposing a shareholder to any liza
q bilty whatever.
q ARTICLE villa failure at any tim
4 to hold meeting or elect directors o
= Officers rs herein provided. shall no
= work forfeiture of this charter, or dis
. | solve the corporation. but the eNistin
/ | Road Of Directors and officers shall con
a time in office until their successors j
, office have been elected.
s ARTICLE IX-At the expiration Of thi
c charter. unless sooner dissolved, its al
fairs shall he liquidated by one or NOR
&c commissioners to be appointed by tn
e | stockholders in meeting. assembled 70
> that purpose and who are invested wit
h full power to sell all the assets and prop
n ertv. real and personal. of this corporation
y and to convey full and complete it'll
II thereto. and to do and perform all act
n essential to full and complete liquida
o tiOn of the affairs Of this corporation
h and to divide the proceeds, IL any, in aC
% cOrdance with law.
Is Thus done and passed at my office
q the day and in the month and year frs
hpreinabOve written. in the presence Z
4 Cuthbprt s. Baldwin and J. J. Jackso,
e competent witnesses. whose names al
Z hereuhto subscribed as such together wit
II the said appearers. and me, Notary, afte
" reading OF the whole.
II Original signed: Names Of subscriber
~ omitted.
/ witnesses: J. J. Jackson. Cuthbert
- Baldwin.
It EDWARD HASPFL.
% Notary Publi
~ Recorded in the Mortgage office Of tn
"A Parish Of Orleans, on August %, 1872
rs in Book 1879. folio 20.
h true copy:
u EDWARD HASPEL.
III Notary Publ