The herald., 1913-05-08

after named ana Undersigned, personally
came and appeared the persons whose names
are hereunto subscribed, all above the age
of majority, who severally declare that
ayailing themselves OF the provisions or an
act Of the legislature of this state, known
Act No. 80, Of the session of lSSS, as
well as those Of the general laws of this
state relative TO the organization Of corpor-
atiOnS they have formed and organized,
and, by these presents do form themselves
into and constitute a corporation for the
objects and purposes and under the stipula-
tiOnS and agreements hereinafter set forth
and expressed, which they hereby adopt as
their charter, to-wit:
ARTICLE |.
The name and title Of this corporation
shall be Gulf Woodworking Company, with
its dOmiciIc in the city Of New Orleans and
shall exist for ninety nine (99) years from
this date.
1t shall have the right to receive, hold
own, lease, purchase, ALLEVIATE and mort
gage property real and personal; to bOr-
row money and give proper evidence there
for; TO sue and be sued, and generally 10
exercise all the powers granted to corpor
aliOnS by the laws of this state.
ARTICLE II.
All citations and other legal process shall
be served on the president, or in the event
of his inability Ia act, or his absence, then
upon the Sccrctary-treaSurer.
ARTICLE Ill
The objects ana purposes for which this
corporation is organized, ana the nature Of
the business 20 be carried on by il are
hereby declared 10 he: The manufacture
Of and general dealing in any ana all kin1S
If articles Of wood. SpOkeS, handles trays,
crates. hampers and bored ana turned ware
OF al! kinds, boxes and mailing cases. etc.
whether for Its own account, or by contract
or royalty Or otherwise.
ARTICLE ".
The capital stock Of this corporation is
hereby declared to De twenty-five thousand
dollars ,S25UO0 OOb, divided into two hun
drrd and nifty l25O) shares Of one hundred
dollars l%lOO.OO) each, which said stock
shall bc paid for in cash, or its equivalent
or in such inStalments rs may be called for
10y the Board Of Directors, or said stock
may be issued full paid and worcestershire
Tor the purchase OF property, real. personal
or mixed, or for services rendered the said
corporation. Said stock shall be transfer
able only On the books Of the company and
no Stockholdrr shall be allowed TO sell his
stock without first Offering same to this
corporation through its board Of directors
giving them sixty days option in which To-
purchase said stock at its book value to
be aNcertained by account Of stock last pre-
YIOuSly taken. The capital stock OF this
corporation may be Increased or decreased
by vote Of the majority Of the stock is
sued, after ten days prior notice in writing
thereof having been sent to each stock
holder at his last known domicile.
This corporation shall be authorized to
commence business as soon three thou
sand dollars tS3,OOO.0OJ of its capital stock
ARTICLE V.
All the corporate powers of this corpOr-
alton shall be vested in and exercised by
board of directors composed of stOckhold-
erS majority of said board, exclusive
II the president, shall constitute a quorum,
the president only voting in case of u tie.
The first board of directors shall be- elected
NJ general meeting of stockholders to be
held on the fourth Tuesday in March, 1913,
M frar a L., 4
shall, Immediately upon its election, from
among its members select a president, a
vice-president and a ecretary-treasurer, and
said board of directors and officers shall
hold their respective offices until the fourth
Tuesday in March, 1914.
All directors and officers herein provided
for shall remain in office until their sue
cesSors are duly elected and qualified, and
should this corporation fail to elect direc-
tors and officers, as herein provided for the
then existing directors, or officers shall
remain in Office until their successors are
duly elected and qualified and another elec-
tiOn shall be held as soon as possible there
after, after giving ten days written notice
to all parties concerned at their last known
domicile.
Each share of stock shall be entitled to
| one vote to be cast by the Onwer. if present
or 10y proxy, and the majority OF votes cast
| shall elect and decide all matters voted upon.
No employee OF this corporation shall be
| considered as employed by the year, unless
| ARTICLE vi.
No stakeholder shall be held liable OF
| responsible for the contracts, faults OF
| debts of said corporation, nor shall any mere
| infOrmality in its organization have the
| effect OF rendering this charter null or OF
exposing any stockhOlder to liability beyond
! the unpaid balance that may be due on his
shares OF stock.
ARTICLE VII.
This act of Incorporation may be changed
modified. or this corporation may be dis
| solved, with the assent Of three-fO1rths
| vote of the stock issued, at a general meet
| ing convened for that purpose, after moi
| less than ten days written prior notice sent
| to each stOckhOlder at his last known ad
| dress. In case of dissolution Of this cor
poration, either by limitation or otherwise
| its affairs shall be wound up and lquidated
| by the then existing board OF directors
| Thus done and passed, in my Office al
| the city OF New Orleans. La, on the day
month and year first above written, in the
| presence of Messieurs August ii. Ritter and
| Karl ]. Vosloh, competent witnesses. who
| hereunto sign their name, together with the
said appearers and me, notary, after reading
| of the whole.
Original signed Edwin Shelby and others
A. ii. Ritter, Karl ]. Vosloh.
J. VI. QUINTERO, Notary Public
| /, the undersigned recorder OF mortgage
| in and for the parish OF Orleans, state OF
| Louisiana, do hereby certify that the above
and foregoing act of Incorporation OF the
| "iulf Woodworking Company" was this day
| duly recorded in my office, in book 1888.
folio 335. New Orleans. La. April s, 1913.
(Signed) EMILE J. LEONARD, d. r.
]. NJ. QUINTERO, Notary Public.
apr 10 IL "a may Is, 1913