The herald., 1922-06-15
CHARTER


| To1Is and Instruments and supplies o.
| every description and kind that are o.
| can be made out Of or from brass COP
per- iron and other metals, or Oh Noou
| TO carry on turning plant, and TO rent
! sell and otherwise dispose Of machinery
! and all apparatus and articles that ma!
| be made, handled. manufactured OF re
| paired i'll the aforesaid plant or HdChin'
| shops of said corporation; and generaIIA
| 10 90 and engage III any other business
| undertaking or enterprise connected VIII
and growing out OF, SerIhahe OF ihCi
dental To any of the purposes hertlndpoN'
| set out or contemplated by this charter
| ARTICLE Ill. The capital stock OIL
! said corporation shall be Twenty -hN'
| Thousand Dollars (S2J,UOO.OO)' ulNlue1
| into and represented by two hundred ahu
! nfty shares of the sum OF one huhurtu
! Dollars 100000 each, payable III cash
| property, OF for services rendered. ana
payment for subscription 10 part OF lnt
! capital stock is given ana accepted ~
| the amount and for the consideration Oi
| the property and good VIII shown on
! the annexed detailed itemiZed descrlp-
| tion of said property, together WIN u
! statement of its value as APPRAISED py
the directors, which is made part hereOi
and is to be read in connection Win
these articles of incorporation.
The corporation shall commence DONG
business as soon as Twelve Ih0usahH
Five Hundred Dollars of the capital stock
shall have been subscribed ana pald for'
Any stakeholder may sell, assign or
transfer his stock i'll tins corporation
provided thirty days notice oil s9ch IN
tentiOn to sell, assign or transfer the
same be given the company, ana the
other stockholders shall have the hrst
privilege of purchasing same at DOok
value, after which thirty days notice INC
said stock may be sold in open market.
ARTICLE ". The dOmicile OF the
said corporation shall be in the city OF
New Orleans. state of Louisiana.
The President or, in his or her absence
h.. Ai,..,- 20
person upon whom citation or other legal
process shall be served.
This corporation, unless sooner dis
solved. shall exist and continue for the
period of ninety-nine years from ana
after the date hereof.
ARTICLE V. All corporate powers
shall be vested in Board Of Directors
composed of three stockholders. The
Board of Directors may ill vacancies in
their number, however caused, by cleo
ton from among the stockholders;
The first Board of Directors shall con-
sist of Mrs. Harry o. STAGE, who shall
be President, and whose pOstOffce adj
dress is No. 1854 Magazine street, New
Orleans. La; Arthur V. Robertson, who
shall be e-President and whose post
office address is No. J3j1 Chestnut street.
New Orleans, La, and James j. Landry,
who shall be Secretary Treasurer, and
whose postoffce address is No. 1854 Mag
azine street New Orleans, La.
said board shall continue in office
until January ., 1923. on which date and
thereafter annually Board of Directors
shall be elected on the second day of
January of each year, unless the same
shall be a legal holiday, when the cleo
ton shall be held on the next legal day
thereafter.
After each election the Board of Direc-
tors shall elect from their number the
officers of the corporation.
The said board is further authorized
to frame and adopt such bylaws, rules
and regulations as the affairs and bust
ness OF the corporation may require, and
as 1t may deem necessary for the con-
ARTICLE VI. This charter may be
amended and the capital stock of this
creased, or the corporation may be dis
solved, in the manner and method pro-
vided by law.
ARTICLE VII. No stakeholder shall
the contracts or faults of this corpor-
alton in any further sum than the I'M
paid balance on the stock for which he
has subscribed. nor shall any mere in
of rendering this charter null or of .ex-
posing stakeholder to any liability
than as above provided.
ARTICLE VIII. Whenever this cor
Limitation or from any other cause. the
affairs thereof shall be liquidated by
three stockholders to be elected and
qualified in the manner provided by law.
the affairs of this corporation shall have
been fully settled and liquidated. In
case of the death of one of the liquida-
tors, or his refusal or inability to serve.
the remaining liquidators may them
selves proceed with all the power and
authority vested in the full membership. !
Thus done and passed at my nOtarial |
office. in the city of New Orleans, on |
the day, month and year herein first |
above written, in the presence of Robert |
NJ Blum and Arthur Clasen, competent |
witnesses, who hereunto sign their names |
with the said appearers and me, Notary, !
after due reading of the whole.
Original signed: Mrs. III. o. STAGE |
Pres; Arthur v. Robertson, yice-Pres
James J. Landry, Secty-Treas.
Witnesses:
X. NJ. BLUM,
A. CLASEN.
c. W. PUNEKY,
Notary Public.
A true copy:
c. W. PUNEKY,
Notary Public.
Statement and annra;SoI of nronor.,