The herald. [volume] (New Orleans, La.) 1905-1953, 1922-11-02
CHARTER.


conduct business in this State, other
States. the Federal Districts. the Terri
tories and possessions of the United
States. and any foreign country. II
. shall have the power to invest its Board
of directors with all its corporate pow
erS. subject To such restrictions as may
he named in this charter. And II gen
. orally shall have and possess all the
powers. rights. privileges and lmmunl-
ties which corporations are and may here
after Ice authorized to have and possess
/ under the Constitution and the laws or
/ this State. and particularly under Act
. No. 267 Of the Acts of the General
Assembly of the State of Louisiana for
. the year 1914, and the amendments
. thereto.
/ ARTICLE 1.-THE domicile of this
/ corporation shall he the City of New
] Orleans Parish of Orleans. State OF
/ Louisiana. and all citations or other
/ legal process shall be served upon the
! President of this corporation, or, in case
/ of his absence upon the NiCePresident
| or. in the absence of both of these
officers, upon the Secretary-Treasurer
! of this corporation.
ARTICLE III-The objects and pur-
poses for which this corporation is
/ formed and the nature OF the business
/ To he carried on by il, are hereby de-
, Clarcd To hc. To manufacture. buy.
/ sell, import export. and generally trade
/ and deal in or with, either for its own
/ account or as agents Of others. all
kinds of architectural and ornamental
! Sh'tt metal fronts. CpTnlCcS, gutter
/ ings. ceilings, windows, sky-lights. and
generally an portions of buildings or
other articles made of metal, all kinds
/ Of apparatus for heating. cooking or
/ vcntilatng, and all appurtenances used
! in connection herewith. all and any
/ kind of roofing materials and supplies,
whether of wood, tile. slate. metal
paper. asbestos or other material. and
/ to lay, erect. construct or repair any or
all Of the foregoing articles or things;
and generally To carry on any business
which I'm Ter the law it may be entitled
/ To carry on which may seem to the
! corporation to be calculated. directly or
/ indirectly. to effect the aforesaid OBJ
JcctS and purposes, or either of them,
| or To facilitate the corporation in the
! transaction of any other lawful bust
( ness that might be- calculated. directly
| or indirectly. to enhance the value of
or to render profitable any of the cor
poration'S property and rights; and gem
orally To- hold and exercise all such in
cidental powers and privileges and to
do and perform all things as relate to
| the objects and purposes hereinaboNe
set forth. or as may he needful neces-
sary. proper. useful or convenient for
etfecting such objects and purposes, or
either of them.
ARTICLE IV-The authorized capt.
tai stock of this corporation is hereby
fixed at and declared to be the sum of
five thousand (s5,O00.00) dollars. which
capital stock may be increased in the
manner provided by law to the sun
of twenty-five thousand Cs25,0OO.OO)
dollars.
The presently authorized capital
stock of this corporation shall consist
of fifty (5O) shares of the par value
of one hundred ($lOO dollars each:
il shall be represented by certificates
either for whole or fractional shares.
shall be full paid and worcestershire
when issued, shall he issued only for
labor done or for property actually re-
ceived. or for cash to be paid at such
times and in such amounts and after
the Board of Directors. and shall be
personal property. No transfer of said
capital stock shall he binding upon this
corporation unless made in accordance
with it's charter and bylaws and re-
corded on the books thereof.
ARTICLE V.-All the corporate pow
ers of this corporation shall be vested
in and exercised by board of three
t3) directors each of whom shall hold
in his own name at least one share OF
the stock of this corporation. Said =.
Board Of Directors shall he elected an
nually on the first legal day in Novenl-
her of each year. beginning with 1928.
All such elections shall be by ballot at
the office of this corporation, under the
supervision of three commissioners TO
lie appointed by the Board of Directors,
sioners the president shall have the
power to fill the place by appointment.
OF ali such elections well as of all
meetings of stockholders, except for
the purpose of liquidation or dissolu-
tion. or as otherwise required by law,
fifteen Gays notice shall be given by
mailing to each stakeholder who appears
rs such or the books of this corporation
a. his last designated address. or care
OF general delivery at New Orleans IT
he has not designated an address, a
notice stating the time and place OF
the meeting. Each shareholder shall be
entitled to one vote for each share or
stock standing In his name on the
books of this corporation, to be cast in
person or by proxy, and majority or
the votes cast shall elect Failure to
elect directors on the day above speci-
fled shall not dissolve this corporation.
but the directors then I'm office shall re
main in office until their successors are
elected and qualified. Due notice OF
another election shall forthwith be
given. as above provided for. and such
notices of election shall be continued to
be given until an election is had.
ARTICLE VI.-At it's first meeting
each Board of Directors shall elect from
President and a Secretary-Treasurer.
and shall from time to time, as IL sees
fit appoint or employ such other en-
n'oyes as IL shall deem necessary. The
Board of Directors shall have full
power and authority to fix the salaries
of all officers and Of all such other
emDloyes as II NAV deem necessary.
and to make and establish as well as
to alter and amend all bylaws, rules
and regulations necessary and proper
for the conduct and management of the
business and affairs of this corporation
not inconsistent with this charter; II
shall also have full power and au-
thority to do all acts and things reason
ably necessary for the proper carrying
on of the business of this corporation.
and to carry out the objects and pur-
noses for which this corporation Is or
Canized. including the borrowing OF
money necessary for the ordinary bust
ness operations of this corporation. and
through the President or some other
duly authorized person or persons to
execute and issue therefor notes or
other obligations of this corporation on
such terms as in it's Judgment may he
advantageous: II shall also have full
mower and authority to issue and de-
liver fun paid shares of stock Of this
corporation for money. labor. services.
proDerty or rights actually received by
this corporation. and to fill all vacan-
cies that may occur in its membership.
majority of the directors present.
either in person or by proxy shall con-
stitUte n quorum for the transaction OF
any business. and at anv meeting OF the
board any director absent therefrom
NAV he represented by proxy.
ARTICLE VIT-TTnti the first an
nual election for directors to he held
under this charter. or until their duly
qualified successors are elected and in
stalled the Board of Directors Of this
corporation shall be cOmDOSpd of. Cecil