The herald., 1914-03-19

! City Of New Orleans. LouIsi.,, o'''1' III ''''
". MORGAN GURLEY. No, prl
/ / CHI l'--J- Mch5-l2-lg
! CHARTER
/ OF TIE LOUISIANA BAG CORPORATION
| United States Of America State Of Inrisi-..',
na'iNA or Orleans, City OF New Orleans
nc IL known. That this day the third
T...5 I' .,oh,H OF February. IN the year Of our
LORD one Thousand nine hundred and f,u-.
7 jten ,i'lb and Of the Independence Of the
ONlitl states OF America, the one Ir,rSrsd
ana thirty ninth, before me Lewis Rossr,,
P6-@:.4"' a notary public, IN and for the
/ iaTieh OF Orleans, State Of Louisiana. drIv
commissioned, sworn and qualified and IN
nc presence OF the Witnesses herelu1Iter
named ana undersigned, personally came and
are hcreuuto subscribed who severalIy a.
CARED that, ayaIlIHg themselves of The mr..
VISIONS Of the laws Of this State relative Pa
ZIG 70. SaHii<at9n OF corporations, they have
IoyeAahicd and agreed, aud do by these pres
ems covenant, agree and bind thernseIvrs
ana NOSE who may become hereafter asso-
N'dled win them, to form themselves into :.
corporation for the objects and purnoses -
the name and under the stipulafiors fo1Ta ,,-'
ing, to wit: 4o'io"-
Article l. The name and style of this cor.
ipo.',in ShaLi DC The Louisiana Bag Cor
snail have and enjoy corporate succesSior ~ ~
PERIOD OF nlnety-nine years from the d.
LheIeoi' unless sooner dissolved, and shall
a ,@a az tne nights, privileges and mmunities
granted by law to corporations
Article H. The domicle of this corno-,,;o-,
NISlL DC IN the city of New Orleans AMI
an CITATIONS and other legal process shall he
served as the law directs ~
Article Ill The objects and nurnos.s To-
S.I Trn IHis corporation IS formed are hereby
declared TO be: To carry on the business -,
b.gs bS. pprihs, buying and selling burlap
pdsS' Ooth new and second hand iute twipe5
DurI3Ps' yarns, ties, fax or hemp twines ~,
III DdsS ana bags or sacks of all kinds. m
SSuy ana sell Junk of all kinds, and IRON ~
oraSs, copper and other metals and III
.ssa.uIHory' 10 buy and sell any other lind.
OF merchandise the management NAV ses So.
10 act as agents for other parties firms ~
a'lons Tor any Of the articles above SCI
IoTih 10 receive goods on corrniss;on ~, o.
sen me same, and generally TO hold .rd
TNLee an such incidental powers and nriv
f-ssS IeIatlVe TO the objects heretofore SET
IL. -id 10 carry on any other business in
Article ~. The capital stool IF tb;s
PS ION E Is hereby declared to be two bundr.d
ana ana nifty thousand dollars (25O,0OOOO) div;ded
t; lESo) OF one hundred dollars .acb
when STOCK shall be payable in cash or a.,
issued IN payment OF property puTcb,seJ
u; ioI services rendered to this corporatio,,.
onIs corporation shall begin business ard n.
come going concern as soon az r.. aha ih pc
u u1IiarS snail be subscribed andrna;d g..
HllCie ', No stakeholder NAV self ass;Cr
o., amSIer ms stock in this corporation with.
through g.
IetSry; thirty days prior motto, IN 1850; &C.
III Su0h intention, and the other stockboid.Is
the sa nave so the first privilege of purchasing
neT;nd Stcf tx Al the book value thereof for
49, on thirty days from said notice after
nIiCh 5hlrty days notice the said stoCI 80.
DC sold IN the open market. may
tbis noHe-Nt: All the corporate powers of
ms corporation shall be vested in and l
eIClsed by Board of Directors elrc,sd tx,
snIong the stockholders; two of wbor, iLoinI
an, and "a Quorum for the transaction Of
co1sist Of al ,h business. The said board shall
On the hrst Monday in Tanuarv ro,e
snhudlIy thereafter, a general necfing of Gu ~
Of ffo' sIeo shall be held for the purpose
Said election o shS 5e for tor the ensuing year
I.".i oil me corporation, and the shareboide-s
reSevi ig, the highest number of the vo,.s
So snalI be declared elected Each sbaro So
hoIder tbnr.as entitled to one vote, whether
written proxy. represented by a
to-s ssoi after election, the said d;-.c.
- - snSlI select from their number \ Prnsi
TreasuTer misunderstanding, and a
bo ha,cie VII Notice of all meetings Of stocL
l1Iuers Tor election of officers o. SUCK
he SecIctese snail be given in writing by
=, -. cary 10 be deposited in the 1,H
~ ~ ieSst ten days before such meetipS ;s b.Ii
- uIgcIed TO each stakeholder 10 his nsr..
h. 55 oote as the same shall appear Inon
notice is ws al ,he corporation, unless said |
.tnoi.L waved IN writing by all of 81.
AHoi1ers appearing as such on m. boottN
~ an such meetings every stocLboIgs'
Se entitIeJ present en- IN person or by proxy, shall
'tock standing in his name on ~. IhnaLe OF
nc corporation, and a majority Of The 80. VI
70 cast shall be sufficient TO elect ~ d so!ss
va questions voted upon " ueSioe
Article VIII No storEboId. Ill,
i ieiu Haole or responsible for the con,1a.
auiLs or debts of this Corporation :, Us en
h. '" "a-n sum than the unpaid balance due 70
cribed for by him, nor shall anx STOCK STOCK sub
IN organization have the eject 20
enGerlng this charter null or of .xnosirc VI
10y, .GiCJknholher. to any liability beyond The 81.
Article TX. This act Of ;n S.UrS
o-..i eIeo' amended or modified, or the CO,
oration may be dissolved by vote ~ tbe eoI-
t : .ns IN amount of capital stock, represented
allied for thar n,rnn OF the stockholders
hereof as provided in Article VII of 5b;s .
no, IN case OF dissolution, at Lease a 49,
@ Tr the entire stock must be present or
oiGers at such meeting shall elect ,,o -
uIuating commi ssioners who shall have -.
nnrge OF such liquidation, with antbo-;,v &c
81 ana dispose Of the assets of the corno-s.
lumber occurring IN their
Inc subscribers hereto have resn.c,ir.,,,
rltten opposite their names the ANON, %
,cb 81 IN inns inns corporation subscribed for by
on NJ ' nTn 50 that this act of incorpora-
on list Of this corporation. ~' 'u0Serip-
ArnGle y Until the regular election On n.
,sf f, Monday in January, 1915, the following
ian eonstitute the Board of Directors: las
IN ,Feitel, Rosa Feitel and BENJAMIN F
eitel, with Jasmin Feitel, as President: B.n:
MIN r: teitel, as Vice President. Secretary:
osa Feitel, as Treasurer.
article X. In case of vacancy on N. {
GARD OF Directors or among the officers from
~ cause, the vacancy shall be filled AT a
'eeial meeting of the Directors called for
ne Board Of Directors shall have power to |
TACT such bylaws, rules and regulations as
ay be necessary and proper for the manage.
emit OF this corporation and the same To I
ter and amend at pleasure
nus done and passed, in my office in the I
&c Ilty OF New Orleans afor said, the day,