The herald. [volume] (New Orleans, La.) 1905-1953, 1912-10-17

regulations, formalities as the Board of ID
rectorS may prescribe. This corporation
the subscription of fifty 900 shares Of it
capital stock.
ARTICLE V.
The powers of this corporation shall b
vested in and exercised by the Board D
Directors. This board shall De elected an
nually on the first legal day of May Of eacl
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. tn
President shall have the power TO ill tn
place by appointment and of all such cleo
tions 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'
10 each stakeholder who appears as such OIL
the books Of the company at his last desig
mated address or at the general delivery a
New Orleans. If he has not designated al
address, a notice thereof.
Each shareholder shall be entitled TO on,
vote for each share Of stock standing in hi
name on the books of the company, cast II
person. or by proxy, and majority of tn,
votes cast shall elect. The Board of Di
rectors shall have the power TO fill al
vacancies that may occur on the Board
Failure TO elect Directors on the day
above specified shall not dissolve the cor
poratiOn, but the Directors then in of1ct
shall remain in office until their successor.
are elected and qualified A majority OF
the Directors shall constitute a quorum fol-
the transaction of any business, and the
Board OF Directors at their first meeting
following each annual election, shall elect
from their number, a President and a Sec
| retary-Treasurer. and such other officers
as the Board of Directors shall deem nee
| essary.
The Board of Directors shall have the
power to make and establish as we'll as
alter. and amend all Bylaws, Rules and
| Regulations necessary and proper for the
support and management OF the business
| and affairs OF the said corporation.
| The said Board shall also have full power
and authority to borrow money and through
| the President or some other duly authoriz-
| ed agent or agents to execute mortgages
issue notes, bonds or other obligations In
such amounts or on such terms as in their
judgment may be advantageous and gener-
| ally to do all things reasonably necessary
| for the proper carrying on Of the business
or the said corporation and also to issue and
deliver full paid shares OF stock and bonds
or other obligations of the said corporation,
| in payment Of money borrowed, or money.
| labor, or services or property or rights ac-
tually received by the said corporation, and
shall have the power to do all such acts
and things as may be necessary to carry
| out the objects and purposes for which this
corporation is organized.
AT any meeting of the Board OF Directors
| any Director absent from the meeting NAV
be represented by any other Director who
may cast the vote of the said absent Direc-
tor according to the written instructions of
the said absent Director The Board OF d.
| rectors shall have the power by vote of not
less than three Directors to sell, lease.
mortgage, by bond mortgage or otherwise,
or TO pledge any and all Of the property,
movable and immovable, belonging TO the
corporation, or to receive In exchange there
Tor, money or stocks or bonds or other OBJ
legations OF another corporation, without re-
ferring to the shareholders for the power to
stock In said company or for cash or on
credit property of any kind required for
any OF the purposes Of the corporation
without authority of the shareholders
Until the next general meeting held under
this Charter on the first legal day Of MAY
OF each year, or until their duly qualified
successors are elected and installed, the
|. Fl. JastremsSi, L. Lopez, Henry Bents.
w. p. Kennedy. and A. Lopez with L. H'
Jastremski as President, Henry Bentz as
TT Vice and L. Lopez. as Secretary
ed by the Board of Directors
ARTICLE VI
Whenever this corporation shall he dis
solved, either from limitation or from any
other cause, its affairs shall be liouida ted
by three stockholders to be appointed AT a
general meeting OF the stockholders conyen-
Ed Tor the purpose Of liquidation, as herein
one vote to be cast by the holder, either in
person or by proxy. Said Commissioners
shall remain in office until the affairs Of this
corporation shall have been first settled
power and authority to transfer and give
title to all the assets and property OF the
corporation and to distribute the proceeds
IN IN case OF death or disability or resignation
OF one or more commissioners, the vacancy
shall be filled by the surviving commissioner
or commissioners.
This Act Of 4 fRSn1CdI.,, VII mo-, ;. .,,.
ed, changed or altered or this corporation
may be dissolved with the assent OF three
aourtns OF the capital stock represented at a |
general sc era mseting OF the stockholders conven-
90 Ior sueh purpose, after previous notice |
snail have been given In accordance with
law. Any change which may be proposed
or made In reference to the capital stock of
the said corporal ton shall be made in accor. |
dance with the laws of the State OF TonisSa-
ma. NO stockholder shall ever be held LA |
Die or responsible for the contracts or fanlts
oh THIS s corporation in any further sum than
stock owner by him, nor shall any mere in.
Iormality In organization have the eject OF
renderng this Charter null or ot exposing
amy m S,oc d to any liability beyond the
ARTICLE VIII.
IN order That this Charter NAV also serve
rs the original subscription list, the sub
names, the number of shares of stock sinh.
scrIbed for by each of them. s1'
mus Done and passed In my Office. In the
ply OF New Orleans, in the presence of ].
petent witnesses, Of lawful age who have
signed their names with the said apnearers
ind me notary, on the day and date afore.
'aid, aIter reading the whole.
original signed: IL II. Jastremski. 1Ol
'hares; II. Bentz, 10 shares L. Lone. 1Ol
mares mare WIN: T. Kennedy, 10 shares; A.
~ Witnesses u. Blanc Monroe, Floyd R.
HENRY L. sARPY,
1. the undersigned Recorder of Mortea ees
. and for the Parish Of Orleans. State on
Iouisiana, do hereby certify that the above
mo foregoing act Of Incorporation of the
Iulf Warehouse Company was this dav duIv
ecorded IN my office In book 1855. folio AZ
New Orleans, La, August goth, 1912.
(Signed) EMILE LEONARD d p III
i, the undersigned notary, do hereby cor.
ify that the above and foregoing il a true
nd correct copy of the original Act of In.
orporation Of "Gulf Warehouse Companv
( record In my once.
In faith whereof, I have hereunto sieued |
~ name and have affixed the impress OF
~ onhcial seal, on this twenty-ni f29thl |
ay OF August, A. d., 1912.
HENRY L. SARPY.
spt II 10 % oct 8 1917 uoiic