The herald., 1922-04-20
CHARTER.

/ IN 10 purchase. manufacture. import.
export. sell and generally deal in an kinuS
/ Of cuncretiug and building Materials III
Guiding sand. gravel, CinderS, cement
/ shells tar pitch ana asphalt. brick ium-
T hpr stone. steel and iron; and all articles
I made Of concrete.
/ -, n, huy and sell real estate ana TO
I erect buildings thereon, rs well as act as
contractor and builder ON property oil
4 other persons.
CD To act as manufacturers agent LOT
/ tlr sale or lease Of machinery for the
manufacture OF all kinds of concrcting
AND buildings materials
. ARTICLE III-Thc capital stock OF this
! CORPORATION +, hereby fixed ut the sum OF
I thirty ~tN Thousand and 90 .OOG tS@huuoH)
/ dollars divided into and represented by
/ three hundred and sixty $500 shares or
7 the par value OF one hundred and 90 OuV
/ lSionuW dollars each. which shan be PAID
. Tor u cash, cor same may be issued. NJ
/ nos les than par value" for LABOR zone
[ or services performed for said corpora
/ tipu. or for property rights actually re
/ rriyrd bv said corporation.
Each share Of stocA shah be entitled
! Co one yot. at all meetings and elections.
/ The amount of the capital stock may
! be- increased w 10 tho amount Of two
hundred and fifty thousand and 90 600
| tS-juUlpuut dollars.
ARTICLE 1.-TWO hundred (20O)
shares, or twenty thousand and 90 900
/ tSIuVUul dollars. Of the stock Of this cor
puration have been subscribed for at the
time of the passing of this act Of incor-
porauon: ANA this corporation shall be-
/ come 4 going concern, ana shall be au-
| tuuriaeI to commence business soon
as ten thousand and 90 600 lSluuOOOoI
dollars of its capital stock shall have
been paid for either in cash. or in pro
prrty, or for rights actually transferred
TO il or for services performed Tor it.
ARTICLE V-AH Of the corporate
powers of this corporation shall be vest
cd in and exercised 10y board Of tive (5)
directors, to be composed of stockholders,
! a majority Of whom shall constitute
quorum Tor tranSIcting all business. The
board Of directors shall be vested with
fun power and authority To make all con-
| tracts, purchases ana sales, and adopt
All bylaws, rules, and regulations for
the government of the business and af-
FAIRS Of the company, and alter, amend
and change the same at pleasure; appoint,
hire and discharge all officers, agents and
employees, fix all salaries, and generally
} | do and perform all things necessary in
70 the transaction of the business and af-
fairs of the company. Any vacancy Oc-
e curing in said board shall be filled by the
/ remaining directors from among the stock
holders.
The first board of directors of this cor
; poration shall consist of: y. ID. Anderson,
J. ". Alexander, Geo. S. Guion, c. o..
, Harris IL. II. Holloway, with \. ID. AL
drrSOn as president. IL ii. Holloway
= vice president, and G. o. Harris secre-
Il tary treasurer who shall hold their Of
:, ficeS until the first Monday in April, 1923.
Z or until their successors are duly elected
h and qualified.
. On the first Monday In April, 1923, and
II annually thereafter, an election for direc-
: tors shall he held at the office of the
| company. under the supervision of three
% 90 commissioners to be appointed by the
y president, and the directors then elected
= shall take their seats Immediately and
= shall hold office until their successors are
: duly elected and qualified. Each board
: shall elect its own officers, which shall
rs consist of president, a vice president.
II and Il secretary-treasurer. All corporate
| 81 no hN a n
A. | jOrity of the votes cast shall elect, and
r each share of stock shall be entitled TO
ne one vote, either in person or by proxy.
l. Written notice of elections shall be given
no ! to each holder of stock by the secretary
90 treasurer at least fifteen (15) days prior
to election.
C ARTICLE VI-This act of incorporation
Ig may be changed modified, or amended
or or the capital stock increased or de
tie creased, by and with the consent of two
thirds e. 3 Of all of the stock. a change
he in the objects and purposes may be made
ell only by vote of all of the stock; but
les this corporation may be dissolved by
re- vote of the holders of twO-thrids q %
If of the stock at a meeting called for tina
We purpose.
OF ARTICLE VII-Whenever this corpora
ler ton is dissolved, either by limitation o
u its charter, or from any cause, its affair
set shall be liquidated by three commissioner
gs to be appointed from among the holder
ler of stock at a meeting of the stakeholder
or convened for that purpose after fiftee
, Q5) days prior notice shall have bee
n given by the secretary to each stock
De holder. Said commissioners shall renal
en- in office until the affairs of said corpora
ac ton shall have been fully liquidated. Il
rd case of the death of any commissioner
D. the survivors shall continue to act
ooe ARTICLE VIII-No stakeholder of thi
av, corporation shall ever be held liable o
,si responsible for the contracts or fault
~ thereof in any further sum than the un
y paid balance due to the corporation on tn
oil shares owned by him, nor shall any mer
nd informality in organization have the effec
"a of rendering this charter null, nor o
aT exposing a stakeholder to any liabilit
10y beyond the amount of his stock.
lu- The incorpOrators of this company here
of by subscribe to the number of shares an
to amount thereof as set out herein, whic
led subscription is declared to be the origina
subscription list.
OF A. ID. Anderson, New Orleans, La, is
the shares, SlS.S0O.O0; ii. II. Holloway, Amitt
ars La, 1 share, $4,000 by A. ID. Anderson
be $4,000; J. W. Alexander, Alexandria, La
as 5 shares, $4,000 George $. Guion, New
Orleans. La. . shares. $4,000.
eto Thus done and passed in my notaria
S office in the City of New Orleans afore
~, said, In the presence Of Chas. A. Duchaml
a iSe and o. c. Brandenburg, competent wit
rne nesses Of lawful age and residing in thi
Oh. together with said parties and me, notary
ate on the day and date set forth in the cap
a'e ton hereof.
&, Witnesses: Chas. A. Duchamp, o. c
III Brandenburg.
a,yy' (ORIGINAL SIGNED:
1T A. ID. Anderson, III. II. Holloway, by A
pa ID. Anderson. c. o. Harris, J. w. Alex
eI ander, George s. Guion.
10 EDOUARD +. HENRIQUES,
lth Notary Public
adj I, the undersigned Recorder of Mort
cages, in and for the Parish Of Orleans
Il. State of louisiana do hereby certify tina
the above and foregoing Act of lncorpora
oS ton of the Louisiana Concrete PRODUCT
rs Co, Inc, was this day duly recorded II
es' my office in Book 1868 folio =.
I. New Orleans, March 18th, 1922.
IA Original Signed): ROBT SCOTT.
nc Deputy Recorder
rt- A true copy of the original Act on fill
hs. in my Office. -
lat EDOUARD L. HENRIQUES,
or (SeaD: Notary Public
'as Mch. 22-Apr. "a.