The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-13
CHARTER
80 70 CHARTER OF THE TIKI

sxsgBBki - America. State Of Louis
P..,sd States orleans, City OF New UT
parish Of that on this 2Srd day
80 Be II tho, FEBRUARY, in the year
80 month " hundred and twenty
thousand' M Independence OF tht
and Oh America the one hunure -
rs.S states :, Before me, Heroert >
forty nublic, duly commissioner
u nota,' ~ and for the Parish o.
"a Osuliiees Of Louisiana, thereIn n. re-
Sksns, in the presence Oh 'n unSar
yiIns, spaa,nsfter named anu n,oarad
,ass pesrsonally came u an" Moses nresi.
igpes' Veil and waiter pesnectiyely. OF
10 Vice president pnsny Inc. 4
=. Engineen under hte laws oil
.rpenuon ifouisiana, by act oeiore
=, STATE oinrich notary public Tor the
y.us X LENS on June 3rd, l9lS, re-
ssdsh Of vvnr,eage Office Book IT, 10
:. So =. snnearers, acting in their
And the saIs and in behalf OF salu
"A capseur virtus of the authority con
,srporstion, " ham by the stockholders oil
sTed upon nany on the Goth day OF rem
AZ aid eS"' ps viii more fully. appear oS
$50 - eopy of the resolution auI I9
certineu meeting Of the stocknoCIu IrIl
q he s The Engineering SAFES I'm on,
M ne was duly cohveneu anu IN tba
p;r! asIees Of the said eoin bS,h dav Of
~ Of NeT 700 for the purpose OF con.
Isbfyay making Of certain changes
Jasfing l ss 10 the charter OF SAID
I'D me.hst at said meeting the sald
ronpiny unanimously voted TO amend
ssckheloe thereof. and TO authorize the
AZ ehsrter mt N come before me, the I'M
I'D app natsry public, to preserve ana
idighed dne legal form, the said &C
srbod! ~ stockholders. The said ap..
nn Of Ineo,dingly further declared that
parsn appeared before me, holary
81 hsnasr the authorization afOresalu,
rsbne. nnrnose Of embOdying In proper
~ u .ss,bsntic form the action OF ne
% salders in altering anu ne sniS
49, Nv and v OF the cnal'es IA ar,icias
rnk 40 that hereafter SAID ar''cies
tsP, Ia and be as follows:
s,prIcLE Iy-The capital STOCK STOCK, OF ,bo inns
si.s,,on Is hereby fixed at siNty nous us
w GOOO0.00) dollars consls sIn 90 ons
% shsres Of the par value Oh one
hnsfee 1io0 COZ dollars per share. All
niaree stock shall be common stock.
sn az shsIl be paid for in cash or
I'D s.,snt as provided by law, and In
h9.nner and at such time ana IN
nth n .a as may be prescribed by
afh ms N directors. All transfers OF
be pol s,, no made on the books of the
s,a an the surrender Of the out
unpas certificates and pursuant to such
sneiss me board Of directors may pre-
The capital stock may be IN
- ar decreased In accordance win
9. ,.r, Of this state. No stocknoI9er
IN have the right to sell or otnsrMise
ales, ather stockholders through the
directors, at its book value as
h s bv its last annual statement
-. ofher stockholders or the board
~ an IN proportion to their respective
M,,s..s shaIl have the right to buy the
rithin thirty days for cash; all
80 "a he held subject to this provision,
s.,v ale or disposition. pledge or en-
.s,.,ee Of said stock shall be subject
~ nroyisions Of this charter. The
80 a directors shall have power to re-
80 ,rhscriptions for all stock not sub
40 for herein and to issue the same
"a, he payment as aforesaid, out All
"a stock or any increase OF the capital
ssei must first be offered TO the Owners
: ta.k Al the time of such issuance in
...snrtisn 10 their respective holdings.
& transfer Of stock whatever shall be
aiding upon this corporation until and
..l,s made upon its books. The capital
.sart Al this corporation may be IN
,,,s.,d 10 two hundred and fifty thous-
nd ie50.ooo.O0) dollars.
ARTICLE v-All the corporate powers
4 tbh company shall be vested in, and the
h.tpess and affairs shall be managed by
hard Of four directors to be elected
,uupsIly on the first Monday of January
~ year All such elections shall be
"a Nv ballot at the Office Of the COM
NM under the supervision Of two COM
rssouers appointed by the board Of di-
ntan
Notice Of such meetings shall be given
ty the secretary In writing, delivered to
ssrf stcckholder In person or mailed to
HI last known address at least five days
rner to such election; but this notice may
h waived BY all the stockholders.
AT all elections and at all meetings of
he stockholders, every stakeholder shall
Be entitled 10 one vote for each share Of
rsck Standing In his name on the books
he company at the date of such cleo
tsn Or meeting; said votes to be cast in
pe'son or by written proxy, and a major
~ Of the votes shall elect. Any vacancy
rt1fring among the directors from any
usk skall be filed by the remaining d.
The annual meeting shall not dissolve
NO sfect the corporation, nor impair its
nn,sement In any respect, but the d.
wfsfs In Office shall remain In Office I'M
heir successors are elected and quail
TIE board Of directors shall elect as
sea q possible after their own election,
mn smong their own number a president.
snceprndent secretary and a treas
The board Of directors may from time
une name ard appoint all such officers,
1n'. servants and employees as they
~ oeen necessary for the purposes Of
ne corporation. They shall have the
rs6 to hx and define the duties of every
We, agent, servant and employee. All
ysx servants and employees shall
- snice at the pleasure Of the board Of
s esofh unless otherwise specified by
'sct The board Of directors Lay
- sno establish, as well as alter and
- - en bylaws, rules and regulations
~ LOT the management Of the bust
ua snairs Of the corporation.
A. nv done and passed at my office, in
NY o. New Orleans, State Of Louis
me presese Of Messrs. Eldon
80 n. and George W. Simons, COM
Fnu utFcuutO elKu I0elr
49,. 80 WITH the said appearers and me,
v,s,!. oe me day and date first above
A aiter due reading Of the whole.
ss.e nssses: Eldon s. Larazus, Geo. W.
y5lcISAL SIGNED:
~ 8 WE'LL. President.
rhh 3. MOSES, Vice President.
HERBERT s. WE'LL,
La. Notary Public
~" Undersigned, Recorder of Mort.
III. ana for the Parish Of Orleans.
N ~ Louisiana, do hereby certify that
~ y and foregoing Act of Amend.
n Inc Engineering Sales Company.
a, - mis- day duly recorded In nv
Book 126s. Folio III.
isIs,s vss'ssns. La. March End. 1922.
R0BT. SCOTT,
1 b, c.,.. Deputy Recorder.
.exD: HERBERT s. WE'LL.
IA EAn, =, Notary Public.