The herald. [volume] (New Orleans, La.) 1905-1953, 1914-11-26
CHAR TER

or IHE p. +. TANK LINE co, INC"
state OF Louisiana, Parish of Orleans
~ ne ~ remembered, that on this 10th day of
d notary public IN and for the parish of a.,
ledns, state OF Louisiana, duly commissioned
ana quaiihed, personally came and appeared
mlIlam >. PenIck, James L. Ford Fred r
Bedford and NJ. 5 Standifer. who dacI,-dj
70 me, notary, that, availing themselves ~
me laws OF the state of Louisiana thev bave
soIIIeu themselves, and do hereby form them.
sJFes' INTO body corporate and have adopt.
ed, and do hereby adopt, as their act ~ ~.
corporation and charter the following to.w;t.
Nticle The name and title of this cor.
Co., Inc AAi'N bine
Article 1.-The purpose for which this cor.
poration is organized, and the nature of the
business TO be carried on by it are hereby
10 construct, purchase, own or lease tank
cars Tor the transportation by railroad OF
nolasseS, syrup, oil, or other commodities
,hn,eiIns INTO commerce and trade; and, to
thlS END, to make and enter into with com.
mon carriers doing business in the limited
states, or elsewhere, any and all lawful traf.
nc ana freight arrangements in relation to
the transportation OF such tank cars; and gem
orally to do all such things as NAV he Son
VehientIy incidental TO the purpose herein
above expressed.
Article III:-The capital stock of this cor.
dollars. "-''''"
Article. Iv.-The said capital stock nav be
increased IN accordance with law to an
SS1oo mo- not exceeding one hundred thousand
Article V.-The capital stock of the cor.
PoIstlon snail be represented by one hundred
anu my siSO) shares OF the par value of one
hundred $4,000 dollars.
Article Willie domicile of the corpora.
OF Louisiana.
Article Article VII;IThe period of duration of the
corporation shall be ninety nne years
Article NlII.-All the corporate powers of
ms corporation shall be vested in board Of
directors TO be composed of four stockholders,
VINO snail De elected annually BY the stock
holders on the first Tuesday of the month OF
January OF each year at meeting Of the
stockholders to be held at the domicile of the
corporation after notice thereof delivered per-
sonaiIy, or depositing in the post-oiflce prop
cry addressed 10 each stakeholder at least
- days before the date of such meeting
Inc election of directors shall be by ballot,
ana each share of stock shall be entitled to
one vote, and a majority of the stock present
or represented at such meeting shall be
esSary TO elect.
Each board of directors so elected shall con.
tinue IN Office until their successors have been
duly elected and qualified
Vacancies on the board of directors occur
ring by death, resignation, or otherwise, may
be hlled by election by the remaining diree'
Each board of directors shall elect from its
| own number president, one or more vice
presidents and secretary treasurer whose
| PNNNAS anu snail De SuCn as may Ue
| prescribed by the bylaws of the corporation:
The names and addresses q the board Of
| directors for the first year, who shall serve
until their successors duly elected and
qualified, shall be: William ). Penick, New
Orleans, La; James 2. Ford New Orleans,
La; +. T. Bedford, New York, n. Y, NJ. S.
Standifer, New Orleans, La.
Inc ofncers for the corporation for the hrst
year, who shall serve until their successors are
| duly elected and qualified shall be: William
> Penlck, president, James T. FORD, wee
president; F. 7. Bedford, vice president; NJ >
| Standiter, secretary treasurer.
| Article lN.-The names and post-ofice 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, . shares; James
P: Ford, Is shares F. T. Bedford, q shares;
| NJ. S. Standifer, l share.
In testimony whereof the said parties have
| heresnto signed their names in my presence,
and in the presence of Johu L. Richmond ana
| Thomas A. Bass, undersigned competent VII
| 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. Peniek, I
p Ford, Fred I. Bedford, by VIM. ). PenieN'
| NJ. s. Standifer.
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 ..
Louisiana, do hereby certify that the aooye
and foregoing act of Incorporation Of the :.
& F. Tank Line Co, Inc, was this DAY guy
recorded in my Office in book ilG, folio -
New Orleans, November 10, 1914
| (SignedD EMILE J. LEONARD, 10y. n,
| / certify the above and foregoing 10 DC a
true copy of the original on file and OF feoo''
l." !" PIERRE D. OLIVIER, Notary Public
] nov l9 % dec 10 IL "a