The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-17
CHARTER OF PRADOs rruD,,
PANY. INC


state of Louisiana, Parish q, a.
De II known, that on this tWspty.,l w
OF June, nineteen hundred ,s1
Two before me, Joseph Lautsn,s,-
notary public, in and for =. 4
ahu state aforesaid. duly oa,Es.i
Nohally came and appeared. tSs ss,,.l
] sons whose names are bs,.i... Sc
/ >crlbed. all Of full age az nsio,',,
declared that ayailing themseiys. 4 n
laws Of this state, relative IA NJ
Eahlzation Of corporations. they A -
covenant and agree TO form n.r.s
INT" a corporation for the ahis-, /.
purposes and under the follOws, =
IatiOns, tO-wit:
ARTICLE THE name and Id, 4 !
corporation shall be the PrsdO, In,
company, Inc. II shall enjoy srs-
existence for term Of 80 years f,or 4
unless sooner dissolved. II hi n
ENJOY, and exercise all rights pOVs. :
privileges granted BY law. or hgsS
granted 10 corporations Of this eh,s~
especially the right to hold. recsiv, !,
chase. ALLEVIATE, sell. mortrare "A,
rent or lease property, real psrSul A
mixed, in fact anything permitted b n
law necessary and convenient for an
ing out the objects and purposes 4 d
corporation.
ARTICLE 1.-THE domiciIe Of ths =
poration shall be in the CITY AZ M \
leans, Louisiana. where all cinhsa d
other legal process, shall be served u
president and in his absence On d, n
president or secretary-treasurer.
ARTICLE III-The objects sM I'll
poses Of this corporation sre hgssy
cared 10 be the buying and ssIl,i
lumber and all building material M
do a general merchandise business
ARTICLE Iy-The capital stock q
corporation is hereby fixed at the ~
fifteen thousand dollars. divided Int ,
shares Of the par value Of one tgS.is
dollars each, 10 be issued 10 he III
and for the consideration prescfibA
law. All shares to be full paid ait 4
aSseSsable. The capital stock niJ \
creased when found necessary BY III
of % of all the capital stock st .
ing called for that purpose.
ARTICLE V-The corporste posn
this corporation shall be vested u
exercised by a board Of directors
composed Of three stockholders "
whom shall constitute quorum
following named stockholders shal
Stitute the first board Of DIRECTOR
Henry J. PradOs, 1923 Coliseum S
New Orleand La: Clarence :! ~
same address and Rufus b. Pace
North Where Street. New 0fisah
with the said Henry ]. Prados .
dent: Clarence J. Pitard. vice.
and Rufus III. Prados. as secre'AIl1S.
urer. and they shall hold ohlee W
second Monday Of January, lS2
their successors are elected sno ~
on which date the annual eecu.
take place, or as soon thereai's'
Sible.
All stockholders meetings, infl,a - (
annual meeting for the election u -
a6d directors shall be preceded Y !.
ten notice. delivered personally 49,
to the last known address o. >
holder. II days before sucn mH ,, F
! lflfu lnt NNONhHVluNh9
he right to waive such nouee III
If any vacancy occurs on ts ~,
directors the stockholders snall .
,lrct n successor to I'll the v1s. n 10
The next general election. ~ al y
IF directors shall be by psios a, a {
shall be enutiea ~ s.srf
n person or by proxy; iOf I'm IN.
he capital stock owned Dy ME,
ARTICLE VINO stocknolsa.si, |. i
.ornoration shall have the rlebt " ~ 4
ledge his stock, without " a, 80
anne 70 the stockholders, tbr1 ~ +
If this corporation, upon ,s sh .
ten days 70 80 h ~
Il book value. or receive san nwusr 4 .
Is NAV be desired by tne Mi n
.tork. no transfer of stock sIss 10
nc upon this corporation unn,.,oor,tf
made on the books Of the c''P
he manner required by la" aas
ARTICLE vII-The charter J, = sltsd
,oration may be modifiea ,s.solrsi;
he CORPORATION may be as n
.anital increased or decrerSs q
Iated in the manner as Is
'"reafter he prescribed By ~. w., o,As
Thus done and passed; At s' Wis iiie
a. on the date first oel Wsa sd
presence of Emanuel 3. -. rstBsss
Iawlry, competent witness 10
30 parish who hereun,o "a -
.ames with said appearer'
airy. 81
Original Signed: a. shares; -
+. h fitard, o. 1 share; Rufus b . (
hares. ii I. WEI
Iawley. .,-rrysCHIAb IS
JOS. Not,rJ "
ages in and for the tra,sby or,
rate Of Louisiana, do ne act d l'Sw
ion IF Of the "Prados La asS il 81
as This day duly reeof''
New orleans, June nnoRERr sWs
'SisnedIp Deputy RecOrd a;ss,s q -. h
A true copy Of the ,Ss,H IsscHL
~ ' JOS. LAUTEN'Ssuu