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

the objects and purposes Of said corpora
ton. - ,,ol,-od
In accordance with its charter, shall exist
and continue for the period OF nlnety-nlhe
C9g) wears from and after the date hereol
The president, or In his absence lne -
president, shall be the proper person upon
whom citation or other legal process snail
be served.
Tho objects and purposes Tor Wnlch lhls
cornora alton is organized and the nature or
tho business TO be carried on by II, are de-
cIared to be the following, to-wt: n gen
eral freight brokerage, forwardlhG aSc ra,so
| freight contractors and insurance brokerage
business: TO act as agents for importers, eA-
porters and common carriers 10 acIuIle
other business of character ike those heIG e,
! in above mentioned, ana SeneraIigs ~ w
things necessary for the successful opera
tiOn thereof ,,,,,,, =,
The capital stock of the SAID c0rpo da Ii
shall he fifty thousand dollars lSJO,oon). Oil,
yiIed into and represented by hye hundred
| ,5OOl shares of the sum of one hundrei
| dollars (SlOOOO) each, which Sald StoCh
| Shall he paid for in cash at the time OF sun
| scrintion or the same NAV be issued, at not
| loss than par, in payment or eNchahSe LOT
property or rights actually received OF pun
chased by said corporation, or the same may
be issued full paid for money advanced, anu
| for such other valuable considerations or
| services as the board of directors OF SAID
| corporation may determine, provided tnat
| no stock shall be issued until the conSlutra,
| tion therefor has been received by the SAID
| corporation. .,,
| ANY stockholdcr may sell, assign, or trans,
| fer his stock in this corporation, provided
| thirty (3O) DAYS prior notice or Such lhlen-
| tion to sell assign or transfer the same he
| given the company. and the other stock
holders thereof shall have the hrSt Pri.i-
| Iege Of purchasing same, AFTER Wnlch thir!g
DAYS notice the said stock may De solu III
The stock of said corporation may be
| transferred under the above conditions, pro
vidcd such transfer thereof be made on the
hooks Of said company. at its office, and on
surrender Of the certificate therefor. no
transfer of any fractional part of a share
shall he made. A.,
business as soon as five thousand dollars
81 .OOOl of the capital stock shall nave
been subscribed for. A..
| The board of directors shall nave the
right 10 determine how much stock shall be
issued
| The corporate powers of this company
shall be vested in and exercised by a eoa arc
of three CD directors, consisting OF the
president (whO shall also be the treasurer
of said corporation), yice-presldent anu one
stakeholder. Three of said board shall con-
stitutp a quorum for the transaction or Dusl-
ness. and their decisions shall be valid cor
lpOrate acts.
The following named persons shall cOnstl-
tute the first board OF directors AIRED IL
l
No person shall be eligible as director or
an officer who is not stakeholder or THIS
during the absence of the president, the
iyice-president shall act and preside. .
Said board shall continue in office until
the first Tuesday Of June, 1913, on whlcR
date and thereafter, annually, board OF
directors shall be elected on the nrst tues
day of each year.
Notice of election and of stockholders
Injecting shall be given by at least ten tioD
DAYS notice Immediately preceding election
or meeting addressed by mail 10 eacn STOCK
holder at his last known address: ANY lai,-
ure from any cause Whatever 10 erect vi
rectors the day named for that purpose snail
not dissolve the corporation, but the dlrec,
sors then in office, as well as the oncers Oh
said company, shall hold over until thelr
successors are chosen. -, .
lanOther election 10 be held within thirty
DAYS. and shall give notice thereof as herein
before provided. -,
AT every election and meeting each stock
holder shall be entitled TO vote Tor eacn
share~of stock registered in his name, ano
may vote by proxy.
The election OF directors snail DE 10y pal
lot and the majority In amount OF Notes
cast each share of stock voted upon 10 Ot
counted for one vote, shall elect the person
! or persons for whom they have been cast.
After each election the board or directors
, shall elect from their own number the ON
GERS of said company.
ARTICLE V.
The board of directors shall have ful
! power to fll vacancies in their number caus
ed by death, resignation or otherwise, IRON
t among the stockholders of the corporation.
The said board shall have full control o
the property OF this company, ana snail 50
D conduct manage and use the same as II
{ their discretion they deem MT, ana consist
: ent with the objects Of this company, or TIT
5 welfare of the same.
: frame and adopt such bylaws, rules AM
y regulations as the affairs and business
. the corporation may require, and as II ma.
: deem necessary for the conduct and manage
|. ment thereof provided the same shall no
:, conflict with this charter, or with the law
/ of the state, or of the United States.
: The said board shall elect or appoint
!. secretary and such other officers, agents, EN-
), lployees servants and clerks as it may deer
e necessary for the conducting OF the bushes
: of the corporation fix their compensation
term of service, with the right to dismlS
a them at said boards pleasure, and sal
: board shall have the right TO fix and dt
Y termine the salaries of the several oticer
t herein provided for; VI
This charter may be changed, modihed Q
l. amended the capital stock increased or d.
l. creased, or this corporation may be dissol'
n convened for the purpose, with the assent
y three-fourths Of the entire capital stocl
k whether present or actually represented
l such meeting.
o. this corporation, either by limitation OF !,
)f charter or from any other cause, the liqu
a dation of its affairs shall be conducted
Id three liquidators, selected from the stool
n holders. with like assent, and at meetln
Dr. called for that purpose, as above set forth
n this article.
IT. Said liquidators shall remain In Office III
d, til the affairs Of said corporation shall hay
n been fully liquidated In case Of the deaf
he of one or more, of said liquidators the su
d. yivors or survivor shall continue to act.
s. ARTICLE VII.
lg No stakeholder Of this corporation sha
rs ever be held liable or responsible for II
Of contracts or faults thereof, In any furth'
rs sum than the unpaid balance due the cor
he pany on the shares of stock subscribed for
ct owned by him, nor shall any informally
r Organization have the effect--of renderiI
this charter null, or of exposing a stoc
ne holder to any liability beyond the unpa
IN balance, IL any, Of his stock.
IN Thus done and passed, In my Office, In Il
nj city of New Orleans, on the day, month ar
to year herein first above written, In the pre-
RS ence of Messieurs Jacob ID. Dresner and f
he ward Z. Quinius, competent witnesses, WI
have hereunto signed with the said appea
RS ers and me, notary, after due reading of Il
whole.
COriginal signed) Fred. Muller, II
shares; Alfred II. Clement, 300 shares
IS, Charles ]. Armbruster, Is shares (Wi
of nesses) ]. ID. Dresner, f. =. Quinius.
We LAWRENCE VI. JANIN,
he (SeaD Notary Public.
~ /, the undersigned. recorder of mortgage
III in and for the parish of Orleans, state
Louisiana. do hereby certify that the abo
and foregoing act Of incorporation of I