The herald., 1922-04-13
CHARTER.

h.ndred and twenty-five: Before me,
, Charles Schneidau, a notary public, duly
| commissioned and qualified in and for
| the Parish of Orleans, State of Louisiana,
| therein residing, and, in the presence OF
/ the witnesses hereinafter named and I'M
/ dersigned: personally came and appeared,
/ the several persons whose names are here
unto subscribed. who declared that, avail
| ing themselves of the laws OF this state
| relative to the organization OF corpora
| tiOns. they have covenanted and agreed,
| and do, by these presents, covenant. agree.
| bind, form and constitute themselves, as
well as such persons as may hereafter
/ Join or become associated with them, into
/ corporation and body polite in law,
! for the objects and purposes and under
| the agreements and stipulations follow
/ ing tO-wit:
! ARTICLE THE name and title of this
| corporation shall be "Kruebbe Co, Inc,
| and under its corporate name it shall
| enjoy succession for the full term of
ninety nine years from and after the
| date hereof; il shall have the power and
/ authority to contract, sue and be sued
and make and use a corporate seal, the
same to break and alter at pleasure; TO
| hold, purchase, lease, sell, mortgage, ny
pOthecate or pledge property, real, per
sonaI or mixed, necessary, incidental or
proper for the carrying on OF its bust
ness; to borrow money and make and Is
sue notes, bonds and other evidences OF
indebtedness therefor, and to secure the
same by mortgage or otherwise; to hold
stock in other corporations; to name and
appoint such managers and directors, Of
ficers and agents as the interest and con
venience of said corporation may require
to make and establish. as we'll as alter
and amend, at pleasure, such bylaws.
rules and regulations for the management
and regulation of the affairs OF the cor
pOratiOn as may be necessary, proper or
convenient.
ARTICLE 1.-THE domicile OF this cor
pOration shall be in the City of New Or
leans. Parish of Orleans, State of Louis
lana, and all citations or other legal pro-
cess shall be served upon any of the Off
GERS of the corporation.
ARTICLE III-The objects and pur-
poses for which this corporation is Or
ganiZed, and the nature of the business
to be conducted by it, are hereby declared
to be: To carry on a general supply busl-
ness in this city and elsewhere; to BUY
and sell plumbing supplies, and supplies
and merchandise whatever, and to do all
things incidental to or connected with
ARTICLE Iv-The capital stock of
this corporation shall be fixed at the sum
of fifty thousand dollars (S50OO.OO), di-
yided into and represented by hve hun
dred 600 shares of the par value of one
hundred dollars (SlO0OO) each, to be paid
for in cash or its equivalent in pro-
perty.
corporation shall be vested in and exer-
cised by a board of three directors.
Said board of directors shall be elected
annually at a general meeting or the
Stockholders called for that purpose on
the last Thursday in March of each year,
after due notice, in accordance with the
laws of Louisiana. Each holder of stock
shall be entitled to one vote for each share
of stock standing in his name on the
books of the company. Said vote shall
be cast in person or by proxy, and a ma
jority of the votes cast shall elect.
Said board of directors shall have the
power to fill all vacancies, which may
occur on the board, even though no quo
rum remain at the time such vacancies
are to be filled. Failure to elect directors
on the day above specified shall not dis
solve the corporation, but the directors
then in office shall remain in office until
their successors are elected and quallfy.
The board shall elect from their num-
Der a president, a secretary and treasurer.
The latter two offices may be held by one
person, who may or may not be Stock
holder or director, and the board has the
right to create, at any time, the office
of vice-president
At any meeting Of the board OF direc-
tors. any director absent from the meeting
may be represented by any other director
by written proxy, who may cast the vote
of the absent director.
The board of directors shall have the
authority to make and establish, as well
as alter and amend, all bylaws, rules
and regulations for the proper manage
ment and conduct Of the business and af-
the power to authorize the borrowing of
money, the issuance of notes or other
evidences Of indebtedness and the execu-
ton of mortgages, as hereinbefore set
forth, and, generally. to do all things
necessary or convenient for the proper
carrying on of the business of the cor
poration.
Until the general meeting of the stock
holders for the election of directors to be
1928. or until their duly qualified sue
cessOrs are elected and installed, the board
of directors shall be composed of: j.
kruebbe, New Orleans, La; w. h. De-
Pass, 1912 Palmer Ave-, New Orleans, La. |;
Albert III. DePass. 1856 Calhoun St., New
Orleans, La, with j. Kruebbe, as presi-
dent and Albert II. DePass, as secretary
treasurer.
The terms of office Of said officers shall
run. concurrently with that of the board
selecting them. except the first board,
who shall serve until the last Thursday
in March. 1923.
ARTICLE VI-This corporation is au-
thorized to do business when $25,OO0.O0 of
its capital stock has been subscribed to
and the provisions Of the law complied
with.
ARTICLE vII-The capital stock Of
this corporation may be increased to the
sum of one hundred thousand dollars
$500. OOO.OO).
amended or the company dissolved, as
provided by the laws of Louisiana.
ARTICLE IX-The subscribers hereto
have respectively written opposite their
names the amount Of stock subscribed by
them to this corporation, so that this act
of incorporation may also serve as the
original subscription list of the corpra-
ton, and they have stated their post Of
flee addresses, so as to conform with Act
267 of the General Assembly Of the State
of Louisiana of 1914.
Thus done and passed at my office in
the City of New Orleans, La, on the day,
month and year herein first above writ
ten in the presence of August Z. Dupa-
quier and Henry l.. Stoutz, the under
signed competent witnesses, here resid-
ing, who hereunto sign their names with
said appearers and me, notary, after read
ing of the whole.
Witnesses: A. e. Dupaquier, H. L.
Stoutz.
ORIGINAL SIGNED):
Jos. Kruebbe. subscriber for 125 shares (;
A. III. DePass, subscriber for 124 shares (;
W. X. DePass, subscriber for 1 share.
CHARLES SCHNEIDAU,
(SeaD: Notary Public.
l. 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 Incor-
poration of the Kruebbe Co., Inc. was
this day duly recorded in my office in
Book 1868. Folio 90.