The herald., 1912-08-22

PANY.
UNITED STATES OF AMERICA. STATE
OF LOUISIANA, PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
Be it known, that on this twentieth day
of the month of August, in the year, one
thousand, nine hundred and twelve; before
me. Robert Legier, a Notary Public, duly
commissioned and qualified In and Tor the
Parish Of Orleans, State OF Louisiana, a1ore
said therein residing. and in the presence
of the witnesses, hereinafter named ana un-
dersigned: personally came and appeared
the persons whose names are hereunto SUD
scribed. who declared that awaiting them
selves of the provisions of the laws OF this
State, relative to the organization or cor,
poration, they have cOvenanted and aged
and do, by these presents, covenant ana
agree bind, form and constitute themselves,
as we'll as such other persons may here
after Join or become associated with them,
into a corporation and body polite in law,
for the object and purposes and under the
agreements and stipulations, following To-
wit:
The name and style of this corporation
shall be the RIVER FRONT TANK STOR-
AGE COMPANY, and under that name 1t
shall have and enjoy all rights, advantages
and privileges granted by law TO corpora
lions 1t shall exist for period OF ninety,
nine years from the date hereof; III snail
have power to contract, sue ana De sued IN
its corporate name, to make and use cor
porate SEAL and the same to break or alter
at pleasure; to hold. receive. purchase, con-
vey, mortage, hypothecate or pledge prop
erty real, personal or mixed to issue bonds,
noes and other obligations; TO have ana
employ such managers, directors, ofncers,
agents and other employees as the interest
and convenience of said corporation may re-
auire or demand; to make and establish
such bylaws, rules and regulations for the
corporate management and control OF the
business and affairs of the corporation as
may be deemed necessary or expedient
ARTICLE IL.
The domicile of said corporation shall be
the City of New Orleans, State OF Louisiana
and ali citation and other legal process
shall be served on the President, and In his
absence on the Secretary Treasurer.
ARTICLE III.
The object and purposes for which this
corporation Is organized and the natures or
the business to be carried on by 1t are here,
by declared to be TO carry on and conduct
a general and bonded warehouse and take
storage business to issue and grant negotia-
BILE warehouse or storage receipts or certi-
hcates, and In connection with and for the
purposes Of said business to own, operate,
lease, rent, hire, construct or contract for
the construction and erection OF warehouses,
tanks, and transportation equipments by
land or water for the carrying, receiving,
storing and forwarding of all kinds of mer-
chandise, and generally, to do and engage
In any other business, undertaking or en-
terprise connected WITH growing out Of
and purposes herelnabove set forth or con-
templated by this charter.
ARTICLE w.
<wnIhe capital stock of this corporation Is
.by fixed at the sum Of five thousand
Doc. 00) dollars, divided into fifty (5O)
les OF the par value OF one hundred
100000 dollars. each, which shall be paid
Sor In cash. on the call of the Board OF
y Directors, or may be issued at not less thar
par for services rendered TO or property &C
tually purchased by this corporation.
All shares OF stock shall be full paid and
worcestershire. No transfer of stock shall
he binding upon the corporation unless made
on its books and all certificates of stock
shall be signed by such officers as may be
designated by the BOARD OF Directors.
All the corporate powers of this company
shall be vested in and the management an6
control Of Its affairs shall be exercised by
a Board of Directors composed OF hrs
stockholders, a majority of whom shall con
stitute a quorum for the transaction of al
business. The Board of Directors shall b.
elected annually by ballot OF the stool
on the first Monday OF August OF each year
and after at least ten days notice shall hav.
been given TO each stakeholder by mail ad
dressed to his last known address, or b!
publication In one OF the daily newspaper
published In the City of New Orleans for a
least ten days preceding sNch election. Eacl
stakeholder shall be entitled In person or b.
written proxy to one vote OF each share o
stock owned by him and standing In hi
elections shall be held under such rules an
regulations as may be determined by tn
Board OF Directors. The directors thu
elected shall continue in office for one yea
duly elected and qualified. No failure Z
elect shall be regarded as forfeiture of thi
charter. Any vacancy occurring On sal
Board of Directors shall be filled by tn
remaining directors for the unexpired term
Said Board OF Directors shall at Its frs
meeting after its election, elect from anon
Its number a President. Secretary and |
Treasurer. 1t may combine the two las
elect Secretary who need not be stock
holder. Said Board Of Directors shall hav
the right to appoint and dismiss such clerks
managers and other employees of the cor
poration. including the secretary who
not stakeholder, as conditions may tustif!
or the business of the corporation require
The tenure of Office OF all the employees o
the corporation shall be during the pleasure
of the Board Of Directors.
ARTICLE vi.
No stakeholder shall ever be held liabl
or responsible for the contracts, faults o.
debts of said corporation, nor shall AM
mere informally in its organization hav'
the effect Of rendering this charter null. oil
of exposing a stakeholder to any liability
beyond the unpaid balance due on tn.
shares owned by him.
ARTICLE VII.
This act OF incorporation may be changed
modified or altered, or this corporation may
be dissolved with the assent of the stock
holders owning majority OF the stock OF
the corporation at general meeting con-
vened for that purpose, and after each stock
holder shall have been notified In the man
ner and form prescribed in Article v of
this charter. In case Of the dissolution of
this corporation by the expiration OF this
charter or otherwise, the stockholders shall
elect three iquidatp tors from among their
number, 20 liquidafe and settle business and
Affairs Of the company. In case OF the