The herald., 1914-12-24
CHARTER
OF THE "P. & F. TANK LINE CO., INC.

| I.
State ST Louisiana, Parish Of Orleans
! be II remembered, that on this 10th day o
November 1917, before me, Pierre ID. Olivier
a notary public in and for the parish Of Or
| leans, state OF Louisiana, duly commIsS zone,
! ana qud.lhed, personally came and appearc,
| William ). PenIck, James f. Ford, Fred /
! Bedford and NJ. $ Standltcr who drr,are,
! 10 me, notary, that, availIng themselves ol
me laws OF the state Of Louisiana, they have
I formed themselves, and DO hereby form them.
| >t!Nts' INTO a body corporate and have adopt.
/ ed, and 10 hereby adopt, as their act OF IN.
! corporation aud charter the following. to-wlt.
Article The name and title Of this cor.
poTaiIon shall be the "P. X +. Tank Line
Article 1.-THE purpose for which this cor.
p'Eauon Is organized, and the nature OF the
| business TO be carried on by 1t are hereby
declared TO he.
10 construct purchase. own or lease .ark
cars iot the Transportation by railroad Of
E.1lassc-, syrup, pIi, OF other lJuu,uirtle,
entering into commerce and trade; and, q
| 'HtN end. 10 make and enter into with COM
mon carriers doing business iu the United
| states, or elsewhere, any aud all lawful trai-
.C and freight arrangements IA relation u
! the Transportation OF such tank cars; and. gen
orally 1" do all such things as NAY be con
| ',"ch'.E incidental % The purpose herein
above expressed.
Article Ill.-Ihe capital stock OF this cor.
L'rIat'on shall be at,cen thousand $500
Article, IN.-The said capital stock may be
INCREASED IN accordance with law 10 au
amount not exceeding one hundred thousand
.>.yHunI dollars.
Article N-Ihe capital stock Of the COZ.
pnTa'i'n shall be represented by one hundred
and hity N5Ul shares Of the par value Of one
hundred lSiuUUUb dollars.
Article NI-Ihc domIcilc Of the corpora
uoq shall be IN the city Of New Orleans, state
Arri,le VII.-The period OF duration Of the
corporation shall be ninety nine years.
Article NIlI.-Au the corporate powers Of
TINS corporation shall be vested III board OF
directors To be composed Of four sto, o,kholdcrs,
Who shall be elected annually by the stock.
holders on the nrst Tuesday Of the month OF
January ot each year At 4 meeting OF the
stockholders 10 be held at the domIcIle Of the
corporation after notice thereof delivered per
Sonally, or dcPosltIug in the poS,-ottiCe prop
eriy addressed to each stockholder at least
- days before the date OF such meeting.
Ihe election OF directors shall be by ballot
and each share OF stock shall be entitled to
one vote, and d majority OF the stock present
or represented at such meeting shall be nee
Each board Of directors so elected shall con
unue IN office until their successors have been
duly elected and qualified.
Vacancies on the board OF directors occur
Tng by death, resignation, or otherwise, may
be hiled by election by the remaining dIrec-
tors.
Each board of directors shall elect from its
own number president, one or more vice
presidents and a secretary-treasurer whose
powers and duties shall be such as NAV be
prescribed by the bylaws of the corporation.
The names and addresses Of the board of
directors for the hrSt year, who shall serve
until their successors are duly elected and
qualified, shall be: William s. Penick New
Orleans, La; James 2. Ford, New Orleans.
La; +. I. Bedford, New York, n. Y, NJ. 5.
StandIfer, New Orleans, La
The officers for the corporation for the first
year, who shall serve until their successors are
duly elected and qualified, shall be: William
). PeuIck, president; James L. Ford, vice
president; +. l. Bedford vice-president; NJ. S.
Siandlter, secretary-tresSurer.
Article lN.-Ihe names and post-Officc ad-
dresses OF the subscribers to these articles of
incorporation, and the number of shares of
stock which each agrees to take. are as fol-
lows: William $. Penick, IS shares; James
2. Ford. . shares; +. T. Bedford, a shares:
NJ. y. Standifer, share.
In testimony whereof the said parties have
hereunto signed their names in my presence,
and in the presence of John l.. Richmond and
Thomas A. Bass, undersigned competent wit
neSseS at New Orleans, Louisiana, on the
day, month and year first above written after
duly reading the whole.
The original is signed: VIM. s. Penick, J.
P; Ford, Fred T. Bedford, by VIM. s. Penick,
NJ :. Standfer.
Witnesses: John L. Richmond, Thos. A.
Bass.
PIERRE D. OLIVIER, 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 p
4 F. Tank Line Co, Inc, was this day duly
recorded in my office in book ll27, folio -.
New Orleans, November 10. 1914.
(Signed EMILE !. LEONARD, Dy. R.
| certify the above and foregoing TO be
true copy of the original on file and of record
PIERRE D. OLIVIER, Notary Public
nov 10 % dec 10 II "a