The herald. [volume] (New Orleans, La.) 1905-1953, 1922-09-28
CHARTER
CHARTER OF THE CONCRETE PIPE
COMPANY. INC.

COMPANY, INC.
State of Louisiana, Parish of Orleans,
City of New Orleans. Be it known, that
on this the twenty second day of the
month Of August, in the year of our
Lord, one thousand nine hundred and
twenty-five. before me- Edward Haspel,
Notary Public, duly commissioned and
qualified, In and for the Parish and State
aforesaid, therein residing, and in the
presence Of the witnesses, hereinafter
named and undersigned, personally came
and appeared the persons whose names
are hereunto subscribed, all Of the full
age of majority, whose places OF residence
are hereinafter expressed, who severally
declared that availing themselves Of the
provisions of this Act of the Legislature
of this State, known as Act No. 267 of
the acts of the Session Of 1914, as sub
sequently amended, they do by these
presents, covenant, agree, and bind them
selves as well as all such other persons
as may become hereafter associated with
them, in order to form and constitute
corporation or body polite in law, for
the objects and purposes, and under the
stipulations following, to-wit:
ARTICLE THE name and title of this
corporation shall be the Concrete Pipe
Company, Inc, and 1t shall have and
enjoy succession and existence for period
Of ninety-nine years from date hereof. 1t
shall have the power and authority to
sue and be sued in its corporate name,
in any court of competent Jurisdiction;
to contract to make and use a common
seal and alter the same at pleasure; to
acquire property by grant, gift, and pur-
chase, and by devise or bequest; to lease,
hold and dispose OF, and to pledge and
to mortgage the same, all subject to the
limitations as may be provided by law;
to Issue bonds and notes; to borrow money I;
to appoint such officers and agents as
the business of the corporation may re-
quire and to fix their compensation; to
name directors and managers. and to
make and establish bylaws, rules and
l,au!at:cns for the management OF the
business affairs of said CORPORATION as may
be requisite and necessary.
ARTICLE 1.-THE domicile of this cor
poration shall be in the city Of New Or
leans, State of Louisiana, where all cita-
lions and other legal process shall be
served upon the property officers thereof
ARTICLE III-The objects and pur-
poses for which this corporation is estab-
lished and the nature OF the business to
be carried on by 1t are declared and
specified to be: to manufacture, buy and
sell concrete sanitary sewer pipe, drain
tile, highway covered pipe, railroad cul-
vert pipe, roofing and other tiles, build
ing block, fence posts, and all other con-
crete and cement products; also building
materials and supplies Of any and all
description whatsoever; also to exchange,
barter and deal in same, either at whole
sale or retail, as jobbers or contractors
to engage in the business Of highway
contracting, road building, and general
contracting and construction and bust,
nesses incidental to the carrying on of
such pursuits and businesses.
ARTICLE Iv-The capital stock Of this
CORPORATION is hereby declared to be the
sum of Fifty Thousand (S5O,OOOOOl dollars,
divided into Five Hundred (50O) shares
of One Hundred (S100.00) dollars each, and
the amount of each share shall be paid
| for in accordance with law. The capital
stock of this corporation may be snDse-
quently increased to One Hundred Thou
sand Dollars (s100,O000O).
ARTICLE v-The corporate powers OF
this corporation shall be vested In Q
Board of Directors to be composed OF six
/ directors, three of whom shall constitute
/ a quorum. for the transaction OF business
The Directors are to be elected by the
held on the third Monday in January OF
| each year; provided that there shall be
no such election in the year Of 1923.
At all meetings for the elections Of this
corporation, each stakeholder shall be en-
titled to one vote for each share OF stoci
| standing in his name on the books OF the
| company, which vote shall be cast In
person or by proxy.
The Board Of Directors shall have tht
power to make all bylaws, rules and
| the business affairs of said corporation
| and they shall elect from their number
President. one or more Vice-Presidents
and a Secretary Treasurer; provided tha
1 the OlIlCe Oh SeCTetdTy
in the discretion Of the Board Of Diree
| tors. be separated.
Until the election to be held as herein
above provided. the following shall con
| stitute the first Board Of Directors: Afret
T. Newell. William 8. Newell, Neal w
Newell, Seba s. Newell, Charles L. Dulil
and Osward Newell, with Alfred T. Newell
as President: William s. Newell, as Vice
| President; Neal W. Newell. as vice
President; Seba s. Newell, as vice-Presi
dent; Charles L. Dulin. as Vice President
and Oswald Newell, as Secretary Treasurer
ARTICLE vI-The capital stock Of thi
corporation may be increased or decreased
at any time In accordance with laws o
this State. This charter may be amended
altered or modified, or the corporation
dissolved by a vote of two-thirds OF tn
stockholders. voting by shares at meet
ing convened for that purpose, after nj
teen days previous personal notice.
such notice that may be required by law
Of such meeting shall have been given.
ARTICLE Vino stakeholder Of thi
| chan cvop ha held HabIo 10