The herald. [volume] (New Orleans, La.) 1905-1953, 1914-08-06
CHARTER
OF, Tile NENlr OH 4

OF THE NEW ORLEANS PICKERY.
United States OF America, State of Louisiana,
Parish of Orleans, Cty of New Orleans.
BE II known, That this, the ninth, day
of the month of July, in the year of our Lord
one thousand nine hundred and fourteen, and
Of the independence of the United States of
America the one hundred and thirty-eighth,
before me, Charles +. fletchinger, a notary
PUBLIC, duly commissioned and qualified in
and for the city, parish and state aforesaid,
therein residing, and in the presence of the
witnesses hereinafter named and undersigned,
personally came and appeared the several per-
sons whose names are hereunto subscribed
who declared that, availing themselves of the
provisions OF the laws of this state relative
to the formation and organization Of corpora
tiOns, they have covenanted and agreed and
do, by these presents, covenant and agree and
bind themselves, as we'll as those who may
hereafter become associated with them, to form
themselves intoa corporation for the objects
and purposes, with the name and under the
stipulations following, to-wit:
Article The name and style of this cor
poraton shall be The New Orleans Pickery.
and by said corporate name it shall have and
enjoy succession and existence for a period
OF ninety-nlne years, unless sooner dissolved,
and shall have all of the rights. privileges
and Immunites granted by law to CORPORA
tiOns; and, under said corporate name, it shall
have power and authority to contract, sue and
be sued; TO make and use a corporate seal,
and to break or alter the same at pleasure,
and make all necessary rules and regulations
tor ITS corporate management and control, and
shall have and enjoy all the rights, privileges
and immunities which dow or may hereafter
be granted by law to corporations of the
same kind and character
Article 1.-THE domicile of this CORPORA
ton shall be in the city of New Orleans,
state OF Louisiana, and all citations and other
legal processes shall be served upon the
president, or. in his absence or inability to
act, upon any other officer of the corporation.
Article IlI.-The objects and purposes for
which this corporation is organized and the
n n he cd h,y; :,
are hereby declared to be: To acquire by
purchase, lease or otherwise, one or more
plckeries or other cotton reconditioning estab.
lishments, and to own, maintain and operate
the same; to buy and sell, and generally 10
deal in all kinds Of cotton and cotton by.
products, baggng, ties and accessories; 10 buy
and sell and generally to deal in the objects
above specified, either for the purpose of do.
nestle shipment or foreign export, for its
own use and account as the factor or agen,
for others, and generally to do and perform
all other things incidental OF germane 10 the
objects and purposes above expressed
Article IV.-The capital stock of this cor.
poration is hereby fixed at the sum of twenty.
FIVE thousand dollars (s2s,OOO), divided into
two hundred and fifty shares Of the par value
Of one hundred dollars each Said stock shall
be issued only for cash or in payment OF
property received by or services rendered ~
said corporation. and this corporation shall
commence business and become a going con
Germ as soon as ten thousand dollars of il,
capital stock shall have been subscribed for
The balance Of said capital stock shall bt
issued and paid for as and when directed
by the board Of directors Said stock shall
be fully paid at the time of its issuance anC
thereafter be worcestershire. The said appear
ers declare that they each hereby subscrib,
for the number of shares of the capital stool
Of said corporation set opposite their respec
tive signatures hereto.
No present or future stakeholder shall eve
validity sell, assign or transfer, other than b,