The herald., 1922-04-27
CHARTER.

and the nature of the business to be car
rird on by it are hereby declared OF pc
Cd To purchase, manufacture import
export sell and generally deal in all kinds
of concreting and building materials, In
cuding sand, gravel, cinders, cement,
shells. tar. pitch and asphalt, brick, lum-
ber. stone steel and iron; and all articles
- To buy and sell real estate and to
erect buildings thereon as well as act as
contractor and builder on property OF
other persons.
90 To act as manufacturers agent for
the sale or lease of machinery for the
! manufacture of all kinds OF concretlhs d.
and buildings materials.
ARTICLE III-The capital stock of this
corporation is hereby fixed at the sum OF
thirty-SiN thousand and 90 900 (S3GOOOOO)
dollars divided into and represented by
three hundred and sixty (3GOl shares OF
/ the par value of one hundred and % Ooo
| tSloOOOl dollars each, which shall be paid
| for III cash, or same may be issued, at
not less than par value for labor done
| or services performed for said corpora
/ tiun, or for property rights actually re-
| ceiNed by said corporation.
Each share of stock shall be entitled
/ To one vote at all meetings and elections.
! The amount of TIA" capital stock may
| be increased up to the amount of two
hundred and fifty thousand and 20 900
| lS2jO,O0O.0O) dollars.
ARTICLE 1.-TWO hundred (2O0)
| shares. or twenty thousand and 90 900
| $50 OOO) dollars of the stock of this cor
| pOratiOn have been subscribed for at the
! time of the passing of this act of incOr-
poration; and this corporation shall be-
| come a going concern, and shall be au-
] thuriZed to commence business soon
as ten thousand and 90 900 ($l0O0OO0)
dollars of its capital stock shall have
been paid for either in cash, or in pro-
prrty. or for rights actually transferred
to it or for services performed for it.
ARTICLE V-An of the corporate
| powers of this corporation shall be vest
ed in and exercised by a board of five (5)
directors, To be composed Of stockholders.
a majority of whom shall constitute a
quorum for transacting all business. The
board of directors shall be vested with
fun power and authority to make all con-
tracts. purchases and sales, and adopt
all bylaws, rules, and regulations for
the government of the business and af-
fairs of the company, and alter, amend
and change the same at pleasure, appoint,
hire and discharge all officers, agents and
! employees, fix all salaries, and generally
do and perform all things necessary in
the transaction of the business and af-
fairs of the company. Any vacancy Oc-
curing in said board shall be filled by the
remaining directors from among the stock
holders.
The first board of directors of this cor
; pOratiOn shall consist of: \. ID. Anderson,
j. W. Alexander, Geo. $. Guion, c. o.
Harris, H. Ii. Holloway, with \. ID. AL
! ice-preSident, and G. .. Harris secre-
tary treasurer, who shall hold their Of
ficeS until the first Monday in April, 1923,
or until their successors are duly elected
and qualified.
. On the first Monday in April, 1928 and
annually thereafter, an election for direc-
tors shall be held at the office of the
company, under the supervision of three
o (3) commissioners to be appointed by the
: president, and the directors then elected
: shall take their seats Immediately and
: shall hold office until their successors are
; duly elected and qualified. Each board
: shall elect its own officers, which shall
: consist of a president, a vice president
il and secretary treasurer. All corporate
, elections shall be by ballot, and ma
= jority of the votes cast shall elect, and
each share of stock shall be entitled to
g one vote, either in person or by proxy.
: Written notice of elections shall be given
@ to each holder of stock by the secretary
e treasurer at least fifteen (15) days prior
| TO election
: ARTICLE VI-This act of incorporation
G may be changed, modified, or amended,
II or the capital stock increased de-
e creased, by and with the consent of two
thirds e. - of all of the stock. change
lie in the objects and purposes may be made
II only by a vote of all of the stock; but
IS this corporation may be dissolved by
E. vote of the holders of two-thrids q /3)
T. of the stock at a meeting called for that
'e purpose.
Of ARTICLE VII-whenever this corpora.
ei tion is dissolved. either by Limitation OF
=. its charter or from any cause, its affairs
e. e. shall be liquidated by three commissioner
g to be appointed from among the holders
q of stock at meeting of the stockholders
T. convened for that purpose after fifteeI
!. Q5) days prior notice shall have beer
~ given by the secretary to each stock
- holder. Said commissioners shall remain
" in office until the affairs of said corpora
:, tiOn shall have been fully liquidated. III
u case of the death of any commissioner
. @ the survivors shall continue to act.
:: ARTICLE vIII-No stockholder of thi,
w corporation shall ever be held liable OF
H. responsible for the contracts or faulti
" thereof in any further sum than the un
paid balance due to the corporation on the
III shares owned by him, nor shall any mere
ID informality in organization have the effec
d, of rendering this charter null, nor Of
Nv exposing a stockholder to any liability
beyond the amount of his stock.
u The ineorporators OF this company here
Of by subscribe to the number of shares and
to amount thereof as set out herein, which
ed subscription is declared to be the origina
subscription list.
of A. ID. Anderson. New Orleans, La, 1s'
ne shares lSSOOOO; III. III. Holloway, Amite
rs La, l share, $4,000. by A. ID. Anderson
G. o. Harris, New Orleans, La, / share
pc $4,000; J. w. Alexander, Alexandria, La.
Us shares, $4,000; George 5: Guion, New
Orleans. La. shares. $4,000.
~ Thus done and passed in my notaria
w office in the City of New Orleans afore'
ct said, In the presence of Chas. A. DuchamI
he and o. c. Brandenburg, competent wit
o. nesses of lawful age and residing in this
. city, who hereunto subscribe their names
~ together with said parties and me, notary
20 on the day and date set forth In the cap
y" tion hereof.
., Witnesses: Chas. A. Duchamp, o. c
~ =, Brandenburg.
y ORIGINAL SIGNED):
~ A. ID. Anderson, II. II. Holloway, by A
. . ID. Anderson, G. o. Harris, j. w. Alex
q ander, George $. Guion.
~ EDOUARD +. HENRIQUES,
~ Notary Public
I, the undersigned Recorder of Mort
r cages, in and for the Parish Of Orleans
i State of Louisiana, do hereby certify that
the above and foregoing Act of Incorpora
g. tion of the Louisiana Concrete Products
J. Co.. Inc, was this day duly recorded In
- my office in Book 126S folio
New Orleans, March 18th, 1922.
o (Orginal Signed): ROBT SCOTT.
y Deputy Recorder
y A true copy Of the original Act on file
80 in my office.
a. EDOUARD +. HENRIQUES,
90 (SeaD Notary Public
sn Mch. 22-Apr. 27.