The herald. [volume] (New Orleans, La.) 1905-1953, 1913-05-01


are hereunto subscribed. all above the age
of majority, who severally declare that
availing themselves OF the provisions OF an
act Of the legislature OF this state, known
as Act No. 80, Of the session Of 1888, as
well as those of the general laws of this
state relative TO the organization Of corpOr-
atoms, 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
it's domicile 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 to
exercise all the powers granted 10 cOrpOr
atoms by the laws OF this state.
ARTICLE IL.
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 secretary-treasurer.
ARTICLE III.
The objects and purposes for which this
corporation is organized. and the nature OF
the business to be carried on by It are
hereby declared TO be: The manufacture
of articles OF wood, spOkes, handles trays,
crates, hampers and bored and turned ware
OF all kinds, boxes and mailing cases, etc,
whether for its own account, OF by contract
or royalty or otherwise.
ARTICLE ".
The capital stock OF this corporation is
hereby declared to be twenty-five thousand
dollars ($2JOOO.0OD divided into two hun
dred and fifty (2J0j shares of one hundred
dollars (S1O0.00D each. which said stock
snail be paid for in cash, or It's equivalent,
or in such instruments as may be called for
by the Board OF Directors, or said stock
may be issued full paid and worcestershire
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 ascertaiDed by account of stock last pre-
viouSly taken. The capital stock OF this
corporate ion 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 as three thou
sand dollars (S3,OU00OD of its capital stock
Is subscribed for
ARTICLE V.
All the corporate powers OF this COrpOr-
alton shall be vested in ana exercised by
board of directors composed of stOckhold-
erS. 4 majority of said board, exclusive
Of the president, shall constitute a quorum,
the president only voting in case Of tie.
The first board of directors shall be elected
at Il 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
yiCe-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, anC
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 ar,
| 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 t.
| one vote TO be cast by the onwer, IL present
or by proxy, and the majority of votes cas-
| shall elect and decide all matters voted upon
No employee of this corporation shall b.
| considered as employed by the year, unles
so contracted with in writing.
| ARTICLE vi.
No stakeholder shall be held liable o
responsible for the contracts, faults o
debts of said corporation, nor shall any mer
| informally In its organization have tn
| effect Of rendering this charter null or o
exposing any stakeholder to liability beyon,
| the unpaid balance that may be due on hi
ARTICLE VII.
| This act of Incorporation may be changed
| modified, or this corporation may be dis
l solved, with the assent OF three-fourth
vote Of the stock issued, at a general meet
ing convened for that purpose after no
| 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 lquidate
| by the then existing board OF directors.
l Thus done and passed. In my office, a
the city Of New Orleans, La, on the day
| month and year first above written, in tn
| presence OF Messieurs August II. Ritter an
| Karl ]. Vosloh, competent witnesses, VIII
hereunto sign their name, together with tn
said appearers and me, notary, after readin
OF the whole.
| Original signed: Edwin Shelby and others
A. H. Ritter, Karl ]. VOslOh.
| J. NJ. QUINTERO, Notary Public
/, the undersigned recorder of mortgage
in and for the parish Of Orleans, state o
Louisiana, do hereby certify that the abov
and foregoing act Of Incorporation OF tn
'Gulf Woodworking Company" was this da
duly recorded in my office, In book loss
folio 335. New Orleans. La. April 8, 1913
Isi frNs co,v EMILE j. LEONARD D. R
l J. VI. QUINTERO, Notary Public
apr 10 II "a may 1 8 Is, 1913
|