The herald., 1922-03-09
CHARTER.
OF ECONOMY IRON
ChA ,rouKs. INC.

ar d I'D nine hundreu anu ~
sss thou nss me, Warren V. MILF pa,,sh y,
20 eSaSlic. in and iof . .ne duIv com
osl,sns stsS oualified, and in the pres,
vissioned sN1 witnesses hereafter named
ssse Of NE sd personally came and APP
"a undei sraveral persons whose names
ard the rnhscribed. all above the iuii
=, berfto and citizens OF the Unlted
- Of nAels,ica. who severally declared
Sstes aI,,,ng themselves or the peHen us
ttst rsuIsans of the Constitution OF inc
ssd ply" Iouisiana, and OF tne law % %
Sin s, - relative to the ors Ss4 ~ IaIa
ssrporanon. Assembly Of the state OF
4 tbe oeh nd all amendments thereun-
Isrisiana; ss coyenated and agreed, and
h they . presents. covenant and agree
40 By tness,nseIyes as well as such per-
,pt bine -. hereafter join or become as
sos q 18th them and their successors,
edaieo ,hsmselves into and ordalh anu
forIs corporation and body ponLS
ei,O Os Tor the objects ana pulPoso All, any
he stipulations foiIo"lhe' 'o"' !,
s' aa 1.-THE name and title OF
sorporation shall be the ES4honi!
rs sn..ss Inc, and under sald cor
lrn No q shall have and enjoy sue
rrsie ha ,hs period of ninety-nine years
ssdon Io' as,e hereof. under its corpor-
from me eommencing with the date of
ft rime r,less sooner dissolved by the
tis se- ;,s stockholders, in the manner
seton q nv law; under its corporate
rron' shall have and enjoy and exer-
nns the rights and powers ana PRIV
es hereinafter set forth, as wen AZ
iken ~ granted or that may hereafter
tose H. nv law TO corporations of this
with full authority to contract
darsen sned. plead and be implicated,
He ~ snswer and prosecute, in any and
fgpa AZ iustice and elsewhere; to
oil osS nae a corporate seal, which is
h'.sy described as follows:
49, ~. eoncentric circles within the words
.s.s..my Iron Works, Inc, New Or
- In the margin and design OF
pslesn In the center. ,,.
~ managers, clerks, attorneys,
e1 '.,. and other employees to admins
n. affairs as may be deemed neces-
srS proper; to make and ordaiD
hv.laws rules and regulations for
,,cner management of its affairs as
M deemed necessary and proper, and
=. ame to repeal, amend and alter at
pamre s.,.,,. 80 ,ho cor-
....,;sn shall be in New Orleans, and
N sfst,ous or other legal process shall
!. ,srved upon the President of said cor
..,,ae or IN the event Of his absence.
80 he vice President, who is acting
s,.sdept. or in the absence of both, as
~ law directs.
,pTIcIE iII-The capital stock Of this
s.rnorstion Is hereby fixed at twenty
@sgspd dollars $50, 100000 divided into
tse thousand t2000) shares OF the par
,,lus Of ten dollars $1,000 each. Which
s.,tsl stock shall be paid In cash.
Ia stcek shall be represented by GER
ssrst,s Of stock, signed by the Presi-
Art and Treasurer, and, In the absence
= ths President by the Vice-President,
"A hall be transferred on the books
4 the Company only upon surrender OF
roof Of loss or destruction of the out
randing certificate; and no stakeholder
dali be entitled 10 vote on any shares
,1urferred to him within thirty days pre-
tstInr the day upon which he attempts
10 vote same.
ne capital stock shall be fully paid
nd pon-assessable; when issued it shall
h represented by certificate and shall
N personal property.
ffasners Of the stock Of this corpora
Ton shall be made only on the books
II this corporation by the stockholders
h person or by written proxy, and un-
IN meh regulations as the Board Of Di-
nrfsn may prescribe.
ARTICLE Iv-The objects and pur-
,ees for which this corporation is or
nnSed and the nature Of the business
% h carried on by II, hereby declared
10 BE- To manufacture, deal in, build,
ha,I repair, buy and sell marine special
ID Marine engines, Gas engines, gasoline
neseA Marine boilers, bulls. accessories.
ppsrafns and appliances of all kinds
ND n connection herewith. In fact.
b nsnufaeture. repair and sell pipe.
uka machinery. fittings and machin-
~ parts Of any and every nature, and
b ranszct general steel and iron man
ulkfurine, jobbing. fabricating, machin-
~. and supply business, and to trans
ri such other business incidental there
% q may be necessary and proper in the
ssncuct Of the business Of said corpor-
inor
ARTICLE v-The affairs of this cor
pr,ton shall be managed and all cor
p1ie powers thereof shall be vested in
md exercised by a Board Of Directors
unpesed Of not less than three, nor
mere fhan I'VE stockholders and not less
nan fhfee Of such Board shall consti-
1 : quorum for the transaction of
ARTICLE yi-This act of incorpora-
mn may be modified. changed or al
ne; the capital stock may be increased,
etiaseds modified or added to, or the
us
~ eefporation may be dissolved by a
w Wo-thirds Of the amount of cap
s'a 10y Neek when present or represented and
,.s y Z general meeting of the stock
ep convened for such purpose or pur-
amer thirty days notice by pub
res IN newspaper in the City of
Weans, and written notice duly ad-
y - and mailed to every stakeholder |
m q his last known address, or
N N In y
ne 70 such stakeholder care Gen. |
nhvery. New Orleans, Louisiana,
s.,t nirty days previous to said |
80 such meeting or meetings may
oea af any time by the Board Of |
n upon its own motion, and must |
elee ~ said Board upon the writ |
- ssH OF stockholders holding a ma
~ ~ = me capital stock Of this cor
m dissolution of this corporation
~ sction Of its stockholders. as afore- |
the expiration Of its charter. |
.n mall be liquidated by three |
SHs .ss 1917 appointed by a majority |
- 49, eknolders present or represented |
IN. g said general meeting. The |
- n. q nquidating, the compensation |
d -. wsrs OF the commissioners and |
\ - y n. Sefs pertaining to the liquid |
~ 49,. tnn corporation shall be fixed |
uorAAoaS~-- W minority OF the /
nSs !. present and represented and |
~. : 'scn general meeting Of stock
as1cI. VINO stoctho,ds- shall
naole for the contracts. fauIts
3, ~ @ this corporation nor shall
sas 49, naormality in the organization
lrHs ~ efation have the effect of rem
a1r2S.iS. e.arter null, or rendering any
49, . habis beyond the unpaid
ma my remaining due on his
no,1 = !. vIIl-The first Board of Di.
{ ~ s corporation is hereby fixed
~ = number and SHAH be com
~ rsssr Barbalich, $40 Forshey
&C., =. Orleans, La; William p.
N "a 3 Olympia street. New or.
~ ~ No. fendergast, 203 st. An
SalAiSs' ~ ~ Orleans. La; George e.
IA: ~ nenoon street, New Or
pp6ss ne stockholders Of this cor
- n s,.s sntil their successors shall
e ~, 4 qualified and installed
N S& 8orbalich n, n-.-sS-S |