The herald. [volume] (New Orleans, La.) 1905-1953, 1913-12-25
CHARTER

OF "KRACKE & FLANDERS COMPANY"
United States Of America, State OF LOUISIANA
Parish OF Orleans, City OF New orleans.
Re il known, that on this first day OF the
month of December, in the year OF our Lord,
one thousand nine hundred and thirteen ana
of the independence Of the United States OF
America the one hundred and thirty-elghth,
before me, Arthur John Peters, a notary pub,
lie duly commissioned and qualhed, IN and
for the parish OF Orleans, city OF New VI
leans, and state OF LOUISIANA, therein resid-
ing personally appeared the persons whose
names are hereunto subscribed, who declared
that availng themselves OF the provisions OF
the laws OF the state of Louisiana, relative to
the organization of corporations, they nave
coyeuanted and agreed, and that they do COW
enant and agree, and by these presents, bind,
form and constitute themselves, as well as
such other persons as may hereafter join
them or become associated with them, into
corporation and body polite in law, for the
objects and purposes following, to-wit:
Article THE name and title OF tins COR
poration shall be: "kracke x Flanders Com
pany," and its domicile shall be IN the City
| of New Orleans, parish of Orleans, and state
of Louisiana. Under its corporate name the
| said corporation shall have the power and au-
| a period of ninety-nin years from the date
| hereof, unless sooner dissolved; to contract,
sue and be sued; TO make and use a corporate
SEAL and to break, alter and change the same
| at pleasure; to have, hold, use, purchase, own,
| receive, lease, sell, convey, mortgage and by.
pothecate pledge property real, personal and
| mixed, TO bOrrOW money anu 10 itllu any
portion of its income, proceeding from ITS
capital stock or otherwise and to give and
| receive securities therefor; to make advances
on real and personal securities; to purchase,
| receive. hold, sell its stock, or otherwise deal
! in bonds, mortgages. notes, shares OF capital
| stock and other securities, Obligations, con-
| tracts and evidences of Indebtedness OF any
| private, public or municipal corporation, or OF
| the government of the United States, of
| any state, territory or colony thereof, or OF
any foreign state country in which this
| corporation may have a lawful INTEREST," to
| receive, collect and dispose OF interest, diVl-
| dends and incomes upon, of, and from, any
| such bonds, mortgages, notes, shares OF cap
| ital stock, securities, obligations, contracts,
| evidences of Indebtedness, and other property
| held, managed owned by It,, and TO exer-
| else in respect of all such bonds, mortgages,
notes, shares of capital stock, securities, OBJ
| legations, contracts, evidences of indebted
ness and other property, any and all rights,
powers and privileges of individual owners
| thereof; TO do any and all lawful acts and
! things tending TO increase the value OF the
properties, assets or interest, at any time
| corporations; to issue bonds and to secure the
same by pledges, deeds of trust, mortgages,
or trust indentures, of, or upon, the whole, or
| any part, of the property owned by the cor
Poration, and to sell, or pledge such bonds for
| the proper corporate purposes of the corpora
| ton, IN such manner, and at such time as
the. board OF directors shall determine; and
| IN the promotion of its said corporate business
and to the extent authorized by law, to lease
purchase, hold, sell, assign, transfer, pledge
mortgage, and convey, real, and, so far as in.
cldental to these purposes, personal property
| of any name, kind, or nature; to sell, or issue
| or buy, all or any part of its capital stock OF
| any bonds other evidences of Indebtedness
| authorized by its board of directors in paw.
ment for the good will, rights, business, per
sonal property, real estate, or leases thereon
| of any person, firm, association or corpora.
ton, and the judgment of its board Of direc.
tors, as to the value of such goodwill, rights
| business, property, real estate, or leases
| thereon, shall, in the absence of fraud be
| conclusive; to cause or allow the legal title
| estate and interest in any property acquired
| established, or carried on by the corporation
to remain or be vested or registered in the
| name OF or carried on by any other company
| or companies, foreign or domestic, formed OF
| to be formed and either upon trust for, :;
as agent, or as nominees, of this corporation
| or upon any other terms or conditions which
the board of directors may consider for the
| benefit of this corporation, and to manage the
| company or companies so formed or to be
| formed, either by acquiring the shares, stocks
| or other securities thereof, or otherwise how.
| soever, and to exercise all or any Of the pow.
ers OF holders of shares, stocks, or securities
| thereof, and to receive and distribute as
| profits, the dividends and interest on such
shares, stocks or securities; to guarantee the
| payment of dividends or interest on any
| shares, stocks, bonds or other securities. own
| ed by, or any other contract or obligation of
| any corporation whenever proper or necessar,
for the business of this company, and so ia,