The herald., 1912-09-12
CHARTER

| Henry l.. Sarpy, a notary public, duly com
missioncd and qualified In ana Ior tre III Ia
| Going State Parish and City, therein reSlu
| ing and in the presence or the witnesses
hereinafter named and undersigned; peIson
ally came and appeared the seVerai PEI so t
| whose names are hereunt0 SuDScriDeu, VIM
spyerallv declared that, availing themselves
of the laws of this State in such cases haue
and provided, they do by these presents
covenant agree and bind themselves, as W." W.
as all such persons as may hereafter pc
! come associated with them, 10 FORM anu
! constitute a corporation and body poiltlc III
law. for the objects and purposes folloWlns'
! to-wit:
The name and title of this corporation Is
| declared to he Gulf Warehouse Company,
| and its domicie shall he in the city or New
Orleans louisiana and by that name the
| said CORPORATION shall have power ana au-
thOrity to have and ENJOY corporate eA
istence and succession for the term OF nine
ty-nine years from and AFTER the uate mere
| Of; to contract, sue and be sued TO make
and use a corporate seal, and the same 10
break and alter at pleasure; to purchase;
receive lease, or otherwise acquire. ana
! TO SELL convey, and otherwise To ALLEVIATE,
| as well as mortgage and hypotnecate uhueI
its corporate name, property Doth rear anu
personal to name and appoint such thaha-
| gers and directors, officers aud agents, as
the interest and convenience OF said corpora
ton may require, and TO make ana estaO-
lish, as well as alter and amend at pleasure,
such bylaws, rules, and regulations, Tor tne
nroDer mana gement of the affairs of said
corporation, as may be deemed necessary
and proper.
The dOmicile of said corporation shall be
at New Orleans. Louisiana, and all CITATION
and other legal process, shall be served upon
the President of said corporation, or In case
Of his absence, upon the Secretary-lreasur'
ARTICLE III.
The objects and purposes for which lhls
corpora ton Is established, and the nature OF
| t.a lid m ~
clared and specified to be: to conduct and
carry on a public or private warehouse
business in any or all of the Parishes OF
Counties of the State of Louisiana, and us
adjacent States, or elsewhere; and to take
and receive goods, wares, merchandise, frult
vegetables, game oysters, fish, and other sea
lprOducts and by-products, whether In tneli
| natural state, or packed, or otherwise
grains, cereals agricultural products and
other property of every nature and KIND on
| storage: to issue warehouse receipts OF any
and all kinds therefor; to apply for ana Cd
tain certificates as public warehouseman
| TO own and operate warehouses bonded anC
not bonded, and public and private, and gen
orally to do all things pertaining 10 th'
conduct of a public or private Warehouse
man TO own and operate cold storage plants
and TO do all things pertaining to the con
duct of such business to exchange It's en-
tire capital stock, or any part thereon, 10
property which il is authorized hereby t.
acquire; or TO exchange its entire assets an'
business in whole or in part, for money
or stocks, or bonds or other obligations, o
| other things. and To DO any ana all sucl
acts and things as may or shall be neces
sary and proper to carry out such objects
and purposes.
The capital stock of said corporation l
hereby fixed at fifty thousand dollars $50,
OOO.O0), divided into or represented by nv
hundred 5000 shares of the par value
one hundred dollars each. The whole o
, said stock or any part thereof, may be Is
sued and delivered to any person, firm o
corporation, for the requirement OF IN
I rights, privileges franchises, property; ser
yltudes or any part thereof, owned and con
trolled by such person, firm or corporation
4 also in payment for money or property &C
, tuaIly received or services rendered Trans
0 fers of stock shall he made only on IN
= books of the corporation subject TO sucl
shall be and become a going concern upol
J regulations, formalities as the Board OF ID
rectors may prescribe: dhis corporstso :,
capital stock.
The powers of this corporation shall b
vested in and exercised by the Board o
o Directors. This board shall be elected an
. nually on the first legal day of May of eac
year All of such elections shall be b
ballot at the office of the corporation. unde
, the Supervision of three Commissioners {
be appointed by the Board of Directors, an
in the absence of any Commissioner, IN
T" President shall have the power to MI tn
place by appointment and OF all such cleo
lions as well as all meetings of stockholders
except for the purpose of liquidation or dis
solution or as otherwise required by law
ten DAYS notice shall be given by mailin
to each stakeholder who appears as such o
a the books of the company at his last desi.
mated address or at the general delivery a
v New Orleans, IL he has not designated
:, address, a notice thereof.
- Each shareholder shall be entitled TO on
vote for each share of stock standing in HI
n name on the books OF the company, cast
person, or by proxy, and "a majority OF n n
= rectors shall have the power to NIL
vacancies that may occur on the Board
Failure TO elect Directors on the da
above specified shall not dissolve the co
poration, but the Directors then in offiC
shall remain In office until their successor
are elected and qualified. A majority {
the Directors shall constitute quorum T.
the transaction of any business, and II
T. Board of Directors at their first meetir
a following each annual election, shall ele'
from their number, a President and a Sc
| retary-Treasurer, and such other Officer
as the Board of Directors shall deem ne
essary.
The Board of Directors shall have IL
power to make and establish as well 9
!. alter and amend all Bylaws, Rules an
" Regulations necessary and proper for Il
support and management of the busine:
y and affairs of the said corporation.
The said Board shall also have full pow'
and authority TO borrow money and throug
al the President or some other duly authori
ed agent or agents to execute mortgage
issue notes, bonds or other Obligations
such amounts or on such terms as In the
judgment may be advantageous and gene
ally TO do all things reasonably necessai
for the proper carrying on Of the bushes
of the said corporation and also to issue ar
deliver full paid shares of stock and bon'
or other obligations of the said corporation
in payment of money borrowed, or none
labor, or services or property or rights a
tualiy received by the said corporation, al
shall have the power to do all such &C
and things as may be necessary TO car
ont the objects and purposes for which IN
corporation Is organized.
At any meeting of the Board of Director
any Director absent from the meeting ms
be represented by any other Director. wi
may cast the vote of the said absent Dire
tor according to the written instructions
the said absent Director. The Board OF
rectOrs shall have the power by vote OF n
less than three Directors to sell, leas
or to pledge any and all of the propert
movable and immovable, belonging to Z
corporation, or to receive In exchange ther
for, money or stocks or bonds or other o
legations Of another corporation, without I
ferring to the shareholders for the power
do so. And they may also purchase
stock In said company or for cash or
credit property of any kind required
any of the purposes Of the corporati
without authority of the shareholders.
Until the next general meeting held und
q this Charter on the first legal day of M
of each year. or until their duly qualifi
successors are elected and Installed, {
Of Board of Directors shall consist of Mess
l.. III. Jastremski, L. Lopez, Henry Ben
40 w. p. Kennedy. and A. Lopez with L.
- las ramski President Henry Renfz