The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-10

| tHAhIEk OF PRADOS LUMBER COM
PANY, INC.
State of Louisiana, Parish Of Orleans
BE it known, that on this twenty sixth day
| Of June, nineteen hundred and twenty
| two, before me- Joseph Lautenschlaeger,
a notary public, in and for the Parish
and State aforesaid, duly qualified, per-
| sOnally came and appeared. the several per-
sons whose names are hereinafter sub
| Scribed, all of full age of majority, who
declared that availing themselves of the
| laws of this state, relative to the or
ganization of corporations, they do hereby
covenant and agree to form themselves
| into corporation for the objects and
purposes and under the following stipu-
| lations, tO-wit:
| ARTICLE THE name and title of this
corporation shall be the Prados Lumber
| Company, Inc. 1t shall enjoy corporate
existence for a term of 90 years from date.
unless sooner dissolved. IL shall have
enjoy and exercise all rights. powers and
privileges granted by law, or hereafter
granted to corporations of this character,
especially the right to hold, receive. pur-
chase, ALLEVIATE, sell, mortgage, pledge,
rent or lease property, real personal or
mixed, in fact anything permitted by the
law necessary and convenient for carry
ing out the objects and purposes of this
corporation.
ARTICLE 1.-THE dOmicile OF this cor
poration shall be in the City OF New Or
leans, Louisiana, where all citations, or
other legal process, shall be served on the
president and in his absence on the vice
president or secretary-treasurer.
ARTICLE III-The objects and pur-
poses OF this corporation are hereby de-
clared to be the buying and selling of
lumber and all building material and to
do general merchandise business.
ARTICLE IV-The capital stock of this
corporation is hereby fixed at the sum of
fifteen thousand dollars, divided into $50
shares OF the par value of one hundred
dollars each. to be issued in the manner
and for the consideration prescribed by
law All shares to be full paid and nom
aSseSsable. The capital stock may be in
creased when found necessary by n vote
OF % of all the capital stock at a meet
ing called for that purpose.
ARTICLE V-The corporate powers Of
this corporation shall be vested in and
exercised by board OF directors to be
composed of three stockholders two OF
whom shall constitute quorum. The
following named stockholders shall con-
Stitute the first board of directors. viz:
Henry j. Prados, 1923 Coliseum Street
New Orleans La; Clarence J. Pitard
same address and Rufus II. Prados. 1923
North Where Street, New Orleans. La.
with the said Henry ]. Prados, as presi-
dent; Clarence J. Pitard. vice president;
and Rufus III. Prados. as secretary-treas-
urer. and they shall hold Office until the
second Monday Of January, 1923. or until
their successors are elected and qualify,
on which date the annual election shall
take place, or as soon thereafter as pos
sible.
All stockholders meetings. including the
annual meeting for the election of officers
and directors shall be preceded by writ
ten notice, delivered personally or BY mail
to the last known address Of the stock
holder. Is days before such meeting pro-
vided the stockholders shall always have
the right to waive such notice.
IL any vacancy occurs on the board OF
directors shan
elect a successor to fill the vacancy until
the next general election. The election
of directors shall be by ballot. and each
stakeholder shall be entitled to one vote
In person or by proxy. for each share Of
the capital stock owned by him.
ARTICLE VINO stakeholder Of this
corporation shall have the right to sell or
pledge his stock, without first offering
same to the stockholders, thru the officers
of this corporation, upon allowing sail
stockholders ten days to purchase same,
ut book value, or receive same in pledge
as may be desired by the owner of said
stock; no transfer Of stock shall be bind
ing upon this corporation unless actually
made on the books of the corporation in
the manner required by law.
ARTICLE VII-The charter Of this cor
poration may be modified or altered. or
the corporation may be dissolved; the
dated in the manner as is now or may
hereafter be prescribed by law.
Thus done and passed. at New Orleans.
La. on the date first before written, in
presence of Emanuel l.. We'll and Jack
Hawley, competent witnesses, residing in
this Parish. who hereunto sign II ,ir
names with said appearers and me, No
tary.
Original SignedD:
Henry ]. Prados, 81 shares: Clarence
j, Pitard, 1 share; Rufus H. Prados. .
shares.
Witnesses: Emanuel l.. We'll. Jack
Hawley.
JOS. LAUTENSCHLAEGER.
Notary Public.
/. 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 Incorpora-
ton Of the "Prados Lumber Co.. Inc"
was this day duly recorded in my office.
Book 1868 Folio $50.
New Orleans, June 20, 1922
(Signed) ROBERT SCOTT,
Deputy Recorder of Mortgages
A true copy of the original.
JOS. ADMINISTRATORS.
Notary Public.
July 13-Aug. Il.