The herald., 1912-10-17

The name and style of this corporation
shall be "Cahaba Red Ash Coal Company,
Incorporated" and under such name il shall
have and enjoy succession for a period of
ninety -nine years from this date
ARTICLE II.
The dOmicile of this corporation shall be
in the city of New Orleans, and all citation
and other legal process shall bc served ON
the president or in his absence on the vice
president, or in the absence of both upon
the secretary-treasurer.
ARTICLE III.
The objects for which this corporation is
organized and the nature OF the business To
be carried on by it are declared TO he the
following TO do a general wholesale and
retail coal, coke and pig-iron business in
the city of New Orleans, or elsewhere; to
buy and to sell and deal in coal. coke and
pig-irOn 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 to
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 by two
hundred shares of the par value of one hun
dred dollars each which stock shall be paid
for when called for by the board of direc.
tors Of the corporation. and may be issued
for cash, or in payment of property re
ceived by the corporation, or services rem
dered ii. No stakeholder shall dispose of
his stock without first Offering same to the
corporation ar its book value, and the cor
pOratiOn shall have ten days within which
to accept or decline said offer. All stock
transfers to be valid must be made on the
books OF the company.
ARTICLE V.
All corporate powers shall be vested in a
board of directors to be composed of three
stockholders, two of whom shall constitute
a quorum for the transaction of business and
until otherwise provided by amendment 10
this charter the board OF directors shall con
SiSt OF Benjamin Claassen. Jr., Benjamin
ClaaSScn, 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 of one OF
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 hereina
bOve provided in Article III. and all such
| transactions shall be effected by the board
| of directors then in Office. The corporation
may be dissolved by two-third vote of lis
stockholders, or by limitation of its charter
and such liquidation shall be conducted by
| the board then in office.
| ARTICLE VII.
| No stakeholder shall be held liable or re
SpOnSlble Tor the contracts or faultS or tnt
| corporation in any further sum than the
| unpaid balance due the corporation on the
shares of stock subscribed for by him moi
| shall any mere informally in organization
| have the effect of rendering this charter
null, or exposing a stakeholder TO any liza
| biity beyond the unpaid balance, If any
| of his stock. This act of Incorporation may
| he 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 anl
year herein first above written, in the pres
ence of Louis 4. Hubert and Lamar c. Quin
| terO, competent witnesses, who have signeC
| 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 y. Cha
vgny, by r. Claassen, Jr., l.. A. Hubert
| Lamar c. Quintero. -
]. VI. QUINTERO,
| Notary Public
|. 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, Incorpor
ated. was this day duly recorded in my of
| flee, in book 1885. folio 81.
| (Signed) EMILE LEONARD, ID. r.
true copy. -
J. NJ. QUINTERO,
Notary Public
OFT 2 10 II 81 RI nov