The herald., 1922-12-21


Thus done and passed, at my Office in
the city of New Orleans, on the day and
in the month and year herein first above
written, and in the presence Of VIM.
Mason Smith, Jr., and J. NJ. Sour, compe-
tent witnesses, who have hereunto signed
and me, notary, after reading of the
whole.
ORIGINAL SIGNED)
Witnesses: VIM. Mason Smith, J. F.
Sour.
WILLIAM GUsTE.
Notary Public.
A true copy.
WILLIAM GUSTE.
Notary Public.
Recorded in NJ. o. B. 1919, folio -.
Nov. -Dec21
CHARTER OF II. A. CABIRAC CO., INC.
State of Louisiana, Parish of Orleans
City of New Orleans. Be it known that on
this 2Sth day of the month of October,
1922; before me, Martin ii. Manion, a no
tary public, duly sworn, commissioned
and qualified, in and for the Parish of Or
leans, State of Louisiana, and therein re-
siding, and in the presence of the wit
nesses hereinafter named and under
signed, personally came and appeared the
persons whose names are hereunto sub
scribed, who severally declared that, avail
ing themselves of the laws of the State
OF Louisiana, in such cases made and
provided they have coyenanted and
agreed, and do, by these presents, CO.
well as all persons as may hereafter be-
come associated with them, to form a cor
poration for the objects and purposes, and
under the articles and stipulatiOns follow
ing, to-wit:
ARTICLE 1.-The name Of this corpora
ton shall be III A. Cabirac Co., Inc" I.
and under said corporate name it shall
have power and authority to enjoy sue
aaS fnr hn fnl tnrnn md of
ninety nine years from and after the date
hereof; to contract, sue and be sued; to
make and use corporate seal, and the
same to alter or break at pleasure; TO
hold, receive, purchase and convey, as
well as mortgage and hypOthecate prop
erty, real, personal and mixed, corporal
and Incorporate; to name and appoint
such managers, agents, directors and Of
hcers as its business interests and con-
venience may require. and to make and
establish, as well as alter and amend
from time to time such bylaws, rules
and regulations for the proper govern
ment of the affairs of said corporation as
may be necessary and proper.
ARTICLE 1.-THE domicile of this cor
poration shall be in the City of New Or
leans, State of Louisiana, and all cita-
ti0ns or other legal process shall be
served upon the president of said cor
pOration, or in his absence upon the vice.
president, and in the absence of both OF
said officers, upon the secretary treasurer
Il
ARTICLE III-The objects and pur-
poses for which this corporation is es-
tablished and the nature of the business
to be carried on by it, are hereby de-
general contractors in any line whatso-
ever, and to do all things incidental to
or connected with the purposes afore-
said.
stock Of this corporation is hereby de-
clared to be fifteen thousand dollars
($15, 0OO.OO) divided into $50 shares of the
par value of one hundred dollars (S1OO.OO)
per share; which said capital stock may
be increased to the sum of twenty thous-
and (s20.OO00O dollars. This corporation
shall be a going concern when fifty per
cent of the capital stock shall have been
subscribed and paid for. and may be for
cash or in payment for labor or property
actually received.
ARTICLE v-All the corporate powers
of this corporation shall be vested in and
exercised by a board Of directors to be
composed Of not less than five stock
holders. the majority Of whom shall con.
stitute quorum for the transaction OF
business. The directors shall be elected
annually by ballot on the first Monday
of November Of 1923. The board of d.
rectors elected with this charter shall re-
main In office until the meeting the first
Monday in November 1923, or until their
successors shall have been elected and
qualified. The term Of office of the FIRST
board Of directors shall begin when this
corporation is a going concern.
All directors shall hold office until theiI
successors have been elected and quail
fed. Notice of election shall be given by
registered letter not less than fifteen full
days prior to such election, addressed t.
F, the last known residence or place OIL
business Of the stockholder.
Every stakeholder shall be entitled &c
one vote fer each share of stock standing
in his name on the books of the corpo'
ration, to be cast in person or by proxy
and a majority Of the votes cast shat
elect. -,
rectors BIZ death. resignation, or other
wise. shall be filed by election Tor I'M
! balance Of the term Of the board Dy tnt
remaining directors. failure s,s 20 s ebeG'
not dissolve the corporation. but the al
rectors then in office shall remain In or
| fee until their successors are elected and
qualified. and shall cause an election Lection C
| be held as soon as possible Thereafter
when due notice thereof shall have peer
given ms heretofore provided.
The following named persons shall con
stitute the first board Of directors, ant
November. 1923, or until their successors
shall be elected and qualified III. A. Cabi
rae. president: r. J. Cabirac, vice presi
dent; Mrs. Ida Cabirac, secretary treas
| urer: Henry Cabirac. Mrs. Marguerite
The board Of directors shall elect from
their number president, vice president
and secretary treasurer, and the lattel
need not be a stakeholder In the corpora
| ton. Said board Of directors may ap
point from time to time such clerks
agents and other employees as IL ma!
deem necessary. for the purposes am
business Of said corporation, and tn
board Of directors may make and estab
| Iish.as well as alter and amend. any AM
all bylaws, rules and regulations neces
| sary and proper for the support an'
management Of the affairs Of said corPo
! ration The said board shall also hav
power to issue and deliver full paf'
| shares Of stock for cash. or In paymen
for labor done or property actually re
ceived nv said corporation. Each dfrec
tor shall have authority to appoint i
writing a proxy to represent him at al
meetings Of the board.
| sPTTCrE vI-Whenever this CORPORA
ton shall be dissolved, either by limfta
ton or by any other cause. Its anair
shall be Inundated by three commis
sioners. to be appointed from among IN
stocthoiaers at a general meetinc TO D
convened for such purposes. OF whlcl
meeting notice shall be given In the man
ner and time provided for stockholders
meetings by Article v OF this charter. an
A majority In amount Of the capital stoc
of said CORPORATION represented at sue
meeting shall be requisite to elect SAL
commissioners shall remain in ONCE un
til the affairs Of said corporation snal
have been fully hquidated. In case Q
| - 80 - mara af said commits