The herald. [volume] (New Orleans, La.) 1905-1953, 1913-04-17

Of majority, who Severally declare that
availing themselves OF the provisions OF an
act of the legislature of this state, known
as Act No. SO, 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 l.
The name and title of this corporation
shall be Gulf Woodworking Company, with
its dOmicilc In the city of New Orleans, and
shall exist FOR ninety nine t99) 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 to
exercise all the powers granted TO corpOr-
ations by the laws Of this state.
ARTICLE H.
All citations and other legal process shall
be served on the president or in the event
Of his inability to act, or his absence, then
upon the secrctary-treaSurer.
ARTICLE III.
The objects and purposes for which this
corporation is organized. and the nature Of
the business to he carried on by il are
hereby declared 10 be: The manufacture
of and general dealing in any and all kinds
crates, hampers and bored and turned ware
OF all kinds boxes and mailing cases, etc.
whether for its own account or by contract
or royalty or otherwiSG -,
The capital stock OF this corporation is
hereby declared to be twenty-five thousand
dollars (S2JOOO.0O), divided into two hun
dred and fifty t2jO) shares of one hundred
dollars $4,000 each, which said stock
shall be paid for in cash, or its equivalent.
or in such instruments as may be called for
by the Board of Directors, or said stock
may be issued full paid and non aSSeSsablc
for 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 stakeholder 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 aScertained by account of stock last pre-
VlouSly taken. The capital stock OF this
corporation may be inCrea Sed or decrpa Spd
by vote Of the majority of the stock is
sued, after ten days prior notice in writing
thereon having been sent 10 each stock
holder at his last known dOmicile.
This corporation shall be authorized to
commence business as soon as three thou
sand dollars (S3,OO0OOy of its capital stock
Is subscribed for
ARTICLE V.
All the corporate powers Of this corDor-
alton shall be vested in and exercised by
board of directors composed of stockbold-
ers. majority of said board, exclusive
Of the president, shall constitute a quorum,
the president only voting in case OF a tie
The first board of directors shall be elected
at general meeting of stockholders TO be
held on the fourth Tuesday in March, 1913
and annually thereafter, which said board
SHALL Immediately upon its election from
among its members select a president, a
vice-president and a secretary-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 cleo.
ton 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 10 be cast by the onwer. If present
or by 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
so contracted with in writing.
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 stakeholder 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 ourths
vote Of the stock issued, at a general meet
Ing convened for that purpose, after not
| less than ten days written prior notice sent
| to each stakeholder 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 lqudateC
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 anC
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. III. Ritter, Karl ~. VOsloh
J. 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
'Gulf Woodworking Company was this day
duly recorded in my Office In book 1855
folio -. New Orleans. La. April 1913.
lSigned) EMILE ]. LEONARD. D. r.
A true copy
J. NJ. QUINTERO, Notary Public
apr 10 IL "a may 10, 1913