The herald., 1922-01-05
CHARTER.

dred (j0O) shares of the par value of
Fifty Dollars (SJ0.00) each, which shall
be paid for in cash, or may be issued for
property actually received by the corpora
ton for services rendered. The cap
ital stock may be increased to the sum
of Twenty Thousand Dollars (s20,000O0).
ARTICLE IV-The location OF the dom
icile of said corporation shall be in the
City of New Orleans, in the Parish of
Orleans, State of Louisiana.
ARTICLE V-The period of duration
of said corporation shall be Fifty 900
years.
ARTICLE VI-The number of direc-
tors of said corporation shall be three.
The officers of said corporation shall be
those provided for by law, and such OIL
GERS as may be provided for by the by
laws. The names and postoffice addresses
of the directors Of said corporation who
are selected to serve for the first year.
or until their successors are elected and
qualified, shall be as follows:
George L. Marchesseau, 141S North
ROcheblave Street, New Orleans, La.
Asahel Walker Cooper. 1919 Valence
Street, New Orleans, La.
Daniel ID. Ewing. 1899 Richardson
Court, New Orleans, La.
with George l.. Marchesseau, as Presi-
dent and Daniel ID. Ewing, as Secretary
Treasurer. The officers and directors of
this corporation shall at all times be
stockholders. and should any officer or
director during his tenure of Office cease
to be a stakeholder, he shall ipso factO
cease to be an officer or director hereof,
and the vacancy thus created shall be
filled by the remaining members of the
Board from among the stockholders.
ARTICLE VII-SThe names Of the sub
scribers to these articles Of incorpora-
ton and the number of shares of stock
W suhSprihpr IL
corporation, are as follows:
George l.. Marchesseau, A shares, par
value S2,220.O0.
Asahel w. Copper, 3 shares, par value,
$4,000.
Daniel ID. Ewing, shares, par value:
$4,000.
ARTICLE VIII-The subscriptions of
Asahel w. Cooper and Daniel ID. Ewing
to the number Of shares of the capital
stock of this corporation as above set
forth in Article VII. are to be paid for
in cash. The subscription of George l..
Marchesseau for A shares of the capital
stock of this corporation above set
forth in Article VII, IS to be paid for by
him follows: For nineteen shares
thereof by the sale and transfer by him
to this corporation of all of his right,
title and interest in and to the property
and assets of the business hitherto con
Quoted by him under the name of George
J.. Marchesseau, at the price Of Nine Hun
dred and Fifty Dollars (S9J0.O0); and
for the remaining twenty-five shares. the
said subscription shall be paid for in ac-
cordance with law.
And there is annexed hereto to be read
in connection with these articles of in
corporation. an acurate and detailed state
ment of the property and assets of said
business hitherto conducted by said
George L. Marchesseau, together with a
statement of the value thereof. as ap-
praised by said George L. Marchesseau,
Asahel W. Copper and Daniel ID. Ewing,
the directors of the corporation.
ARTICLE IX-Each share of stock
shall be entitled to one vote. There
shall be no cumulative voting.
ARTICLE X-The Board of Directors
of said corporation are hereby vested
with all the corporate power Of said cor
poratiOn, including among other powers,
the following, viz: the power to make,
alter and amend suitable bylaws for the
government of said corporation; the
power to borrow money, execute mort
cages, issue notes or bonds, to sell or
pledge the same, and generally to do all
things pertinent TO or necessary for the
objects and purposes of said corporation,
or which are, or may be permitted by the
laws applicable to corporations, the above
recital of powers granted to the Board
of Directors not being exclusive, the In
tentiOn being to vest the Board Of Direc-
tors with all such other and further pow
ers as may be proper to accomplish the
objects and purposes of said corporation.
Stockholders meetings for the election
of directors of said corporation shall be
held annually op the second Monday of
January of each year beginning with the
year 1923. The Board of Directors named
in this charter shall hold Office until said
second Monday in January, 1923, or until
their successors are duly elected and
qualified. Failure to elect Directors or
to hold an annual meeting on the day
specified in this charter will not dissolve
the corporation, but the Directors then
in Office shall remain in Office until their
successors are elected and installed.
ARTICLE XI-The President and Vice.
President, the Secretary and Treasurer
shall be authorized to receive service Of
all legal process.
Thus done and signed in my Office I'm
the City of New Orleans, in the presence
Of George II. Wygant and Frank 81.
Ames, competent witnesses, both Of this
city, who have hereunto signed their
names with the said appearers and me.
notary, on the date and day first above
written, and the subscribers do hereby
subscribe for and agree to pay for the
number Of shares set opposite their
names.
ORIGINALLY SIGNED):
Geo. L. Marchesseau, 141S N. Roche
blave Street, A shares.
a
Orleans, La, shares.
d. d. Ewing, 1889 Richardson Court
3 shares.
CHAS. f. FLETCHINGER,
Notary Public.
witnesses: G. H. Wygant and Frank
Fl. Ames.
I, the undersigned Recorder Of Mort
cages in and for the Parish Of Orleans
State of Louisiana, do hereby certify that
the above and foregoing Act Of 1ncorpor-
alton of George L. Marchesseau, Inc, was
this day duly recorded in my Office. In
Guiding the statement of the value Of the
property and good will given In payment
of subscriptions of stock Of said corpora
ton, as set out in said charter, as APP
praised by the Directors annexed to said
Act of Incorporation, in Book 1858, folio
New Orleans, La, December Is. 1921.
(Signed) ROBT. SCOTT,
Deputy Recorder.
A TRUE COPY:
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