The herald., 1912-10-24
have and enjoy succession for a period Of
ninety-nine years from this date.
ARTICLE II.

have and enjoy succession for a period Of
ninety-nine years from this date.
ARTICLE II.
The dOmicilc of this corporation shall be
and other legal process shall be served on
the president. or in his absence ON the vice
president, or in the absence Of both upon
the secretary treasurer.
ARTICLE Ill
The objects for which this corporation is
organized and the nature Uf the business 10
De- carried on by it are declared To be the
following: 10 DO general wholesale and
retail coal. coke and pig iron business in
the city Of New Orleans. or elsewhere; 20
buy and 10 sell and deal In coal, coke and
igirOn and all and every kind Of commo-
dity generally handled by wholesale and re-
tail coal and coke dealers. and 10 carry on
such other businesses generally incident Co
or connected with said wholesale or retail
coal business.
ARTICLE ".
The capital stock of this corporation is
hereby fixed at the sum Of twenty thousand
dollars, divided into and represented 10y two
hundred shares Of the par value of one hun
drpd dollars each which stock shall be paid
for when called for by the board of drec-
tors of the corporation. and may De issued
for cash, or in payment Of property re-
ceived by the corporation, or services rem
dered II. No StockhOider shall dispose of
his stock without first Offering same TO the
corporation at its book value, and the cor
pOration shall have ten days within which
to accept or decline said offer. All stock
transfers 10 be valid must De made on the
books Of the company
ARTICLE Y.
All corporate powers shall be vested IN "a
board of directors to he composed of three
stockholders TWO of whom shall constitute
Il quorum for the transaction Of business and
until otherwise provided by Amendment to
this charter the board Of directors shall con
SiSt of benjamin ClaaSSen, Jr., Benjamin
CIaaSSrn, Sr, and Charles y. Chavigny.
with benjamin ClaaSSen. Jr., president :
Benjamin ClaasSen, Sr, vice president and
Charles y. Chavigny, secretary treasurer. In
the event of death or resignation IF one or
more Of said board or officers, the remain
ing members or member of the board shall
supply the vacancy or vacancies. There
shall be a president, a vice-preSident, sec
rotary and treasurer, which latter offices
may be held by one and the same person.
ARTICLE VI.
The corporation may buy, lease mortgage
or sell real estate as occasion may require
during the course OF the business herelna-
bOvc provided In Article III, and all such
transactions shall be effected by the board
of directors then In Office. The corporation
may he dissolved by two-third vote of Its
stockholders, or by limitation of its charter
and such liquidation shall be conducted by
the board then in office.
ARTICLE VII
No Stockholder shall be held liable or re-
spOnSible for the contracts or faults OF the
corporation in any further sum than the
unpaid balance due the corporation on the
shares of stock subscribed for by him; nor
shall any mere infOrmality in organization
have the effect of rendering this charter
null, or exposing stockhOlder TO any la
bility beyond the unpaid balance, If any,
of his stock. This act of Incorporation may
be amended In the manner provided by law
or its capital stock changed as provided by
law.
Thus done and passed in my office at the
city Of New Orleans on the day, month and
year herein first above written, in the pres
ence of Louis 4. Hubert and Lamar c. Quin-
tero competent witnesses, who have signed
their names, together with the said appear
ers and me, notary, after reading of the
whole.
Original signed: Benjamin Claassen, Sr.
Benjamin Claassen, Jr., Charles v. Cha
vigny, by r. Claassen, Jr., l.. A. Hubert
Lamar c. QuinterO.
]. VI. QUINTERO,
Notary Public
l. the undersigned recorder of mortgages
In and for the parish of Orleans, state OF
Louisiana, do hereby certify that the above
and foregoing act of Incorporation of the
Cahaba Red Ash Coal Company, lncorpor'
ated, was this day duly recorded in my of
fee in book 1855. folio 81.
(Signed) EMILE LEONARD, d. r.
true copy. -
]. VI. QUINTERO,
Notary Public
oct 10 IL "a 81 nov