The herald. [volume] (New Orleans, La.) 1905-1953, 1912-06-06
UNITED STATES OF AMERICA, STAT
OF LOUISIANA

UNITED STATES OF AMERICA, STATE
! OF LOUISIANA.
Be it known that on this oath day OF the
month OF April, in the year OF our Lord one
/ thousand nine hundred and twelve and Of
| the independence Of the United States OF
America, the one hundred and thirty-si1th,
/ before NE, j. ksntol Bailey, a notary public.
| duly commissioned and sworn, IN and for
the parish aforesaid, therein residing, and
/ 10 the presence OF the witnesses hereinafter
appeared Messrs. John Munford. Henry Sc
nae, Jos. Naumus, J. NJ Goodwyne. Edward
Avis. Fred Joachim, B. f. Howell, ". II.
Hodges Esct94: !; g. p LacroHi 6 a; Rice; Z, B.
Perrin. Jones kendrick, 3. VI. Taylor and
Wm- Frank, Jr-, all OF full age which said
appearers severally declared that availing
themselves OF the provisions OF the laws OF
the state relative TO the organization OF cor
poratious for works OF public improvement
and other purposes and being DESTROYS Of &C
qUiring. enjoying and exercising al the
rights, benefits, privileges and powers Sc
cured by the laws OF this state TO such cor
pOration, they do by these presents, cove
uant and agree and bind themselves and such
other persons as may hereafter become asso-
ciated with them 10 form and constitute a
corporation and body polite in law, for the
objects aad purposes, ulier the clauses, stip-
ulatiOns and articles hereinafter set forth
and expressed. which they hereby adopt as
the charter. to-wit:
Inc name anu IlLie OF rlLS cQrDslrlCiDl Is
hereby declared 70 be The New Orleans Live
Stock Transfer Company" and the place cho-
sen for its donicile Is hereby declared 20 be
IN the Parish Of 0rleaIS :
The objects and purposes for which this
corporation Is organized and the nature OF
the business 10 be carried on by IT, are
hereby declared % be: the transfer and
and freight, throughout this state, BY lands
Or water, by steam or otherwise. and TO ef-
feet 20 acquire, construct, own and operate
depots, stock yards, ferries, barges. tugs.
transfers and such other adjuncts as shall or
may be found desirable and necessary TO
carry out the purposes OF this company.
The president, or in his absence, the vice
prpesident, Is hereby designated as the OH
Ger on whom all citations shall be served
ARTICLE III.
The capital stock OF this corporation Is
hereby fixed at the sum OF twenty-five thou
sand dollars (sa5. .OO), to be represented
by i've thousand (5,OO0l shares OF the value
Of fifty dollars (s50.O0) each, payable in
cash az time Of subscription
ARTICLE ".
Transfers OF stock shall be made on the
books Of the company only; but no trans
fers Of stock shall be made while there ex-
lists any Indebtedness on the part OF the
owner thereof to the company.
ARTICLE '.
All the corporate powers OF this corpora
ton shall be vested In, enjoyed and exercised
by a Board OF Directors to be composed OF
five stockholders, and who shall be elected
annually on the second Tuesday OF the
month or April, the drst election 10 be held
on the second Tuesday Of the month OF April,
1913.
All such elections shall be by ballot and
shall be held at the Office Of the company
and be conducted by three commissioners 70
be appointed for that purpose By the Board
or Directors and notice OF such elections
shall be given by mailing & notice Of such
election to each stOckholder of record at his
post ONCE address at least ten days prior
thereto.
Each stakeholder shall be entitled in Der
son or BY proxy to one vote for each share
OF stock owned by him, and a majority Of
the votes shall elect.
A failure 20 elect directors on the date
above specified shall not dissolve this cor
poration, but the then existing Board Of Dr.
cause another election 70 be held as soon
thereafter as possible upon giving the same
notice or such election, as above provided
vacancies occurring In said board shall
be filed by the remaining directors and three
directors shall constitute a quorum for the
transaction OF business.
At their first meeting after said electio,
the Board Of Directors shall elect from
their own numbers president aud a vice |
president: they shall also appoint a secre- |
cary and all such agents, clerks and other
employees as shall or may be Necessary and
ARTICLE VI
The following named persons are hereby
Constituted as the first Board Of Directors. !
Tuesday In April, 1912. or until their sue
cessors shall have been elected and have
qualified. to-vtt John Munford A. P Per
rim, j. G. Lacroix, ". Fl. Hodges, Henry
Senac, with the said Jno. Munford as presi- I
dent and the said Henry Senac as viee-presi- I
dent.
ARTICLE VII.
This corporation shall exist and have and
enjoy succession by Its corporate name for /
a period OF ninety-nine years from the date
or these presents, and whenever It Is dis
solved BY limitation or from any other cause.
its affairs snail be liquidated BY three com,
misstoners 20 be appointed BY the stockhoid- /
ers at general meeting to be called and
convened for that purpose, after thirty DAYS /
notice given In one Of the daily papers pub 4
ltshed In the Parish of Orleans.
ARTICLE Will
This charter OF act of Incorporation nav
De modified, changed or altered or said cor
poration may be dissolved with the assent /
or three-fourths Of the stock present or rep
resented at a general meeting Of the stock
holders called for that purpose after thirty
Gays notice published In one Of the daily pa
pers OF the Parish OF Orleans.
ARTICLE TX
No stakeholder Of this corporation shall I
De held liable or responsible for the con-
tracts or faults thereof IN any further sum
tnan the unpaid balance due the company
on the shares OF stock owned BY him. or shall /
any mere fnformafity In organization have
the eject OF rendering this charter null or 4
OF exposing q stakeholder to any liability be-
yond such unpaid balance due on his stock
Thus done and passed, In my once IN the
year first herein above written. In the pres
enee- OF John r. Perez, and Florence Flynn. L
competent witnesses who have hereunto I
signed with the said appearers and me- mo-
tary, aftey reading Of the whole.
Original signed: T. J. Perrin, 2 shares