The herald., 1914-09-24
CHAR RTER

MIG" ','"''' "' America STATE "l Louisiana
Parish OF Orleans. City of New Orleans
Bc u kn"wn, that ON tins eleventh day OF
me month ut September. m ih, year Of our
Lord, one thousand nine hundred and four
teen. and 81 the Iudcpcndsner OF the United
| states u America the one hundred aud thirty
ninth, before ne, Watts h. leycrlch. uu-
iaTE public. duly comm's stoned and qualified,
m and Tor the city q New Orleans. and tn"
parish Of Orleans, therein residing. and m
the presence OF the wItucNNrs hrrcluat'r-
named ana undersigned, personally came and
appeared the several persons whose names are
hcrcunto subscribed. who declared that avail
ing themselves Of the provisions of the ger
eTal laws ~ tins state relative 10 the OrgduI-
za'ion OF ooTpuItti"ns. they have CoyCuantCd
and agreed Co do hy these presents covenant
and agree. bind. form and constitute them
selves dN well rs such persons As may here
after loIn ur become associated With them.
INTO a corporation and body polite IN law
for the objects and purposes and under the
agreements and oupulatlonS following, to.wlt.
Article The name OF thl, corporation
snail he the Star Warehouse Company, Inc,
under which name II shall exist Tor a period
Of niuc'y-ulnC t"|l years from the date ui
TIN, act. and shall have and ENJOY all the
power and authority conferred by the ,ouNr-
tuition and laws OF the state OF Louisiana upon
corporations formed Tor the purpose OF CugaI-
my IN the business hercluaiicr stated, ao well
as the power to purchase, sell, mortgage and
pledge property. movable and iwmovahlu, for
the purpose and requirements nt their hu~I-
Article 1.-The domyllc OF this corpora
ton shall he m the cat" % New Orleans. par
lNh OF Orleans. state ui LOUISIANA. All cita-
uoH- and other legal process aud notices shall
be served on the president OF the company.
and IN his absence on the yicc-prcNIdcur. or
on the secretary and treasurer.
Article lIl-Ihc capital stock OF tins COM
pdny shall he hNe thousand tSo,OpHD dol
lar, divided INTO htty toul shares OF the par
value of one hundred $4,000 dollars each.
and 10 hr iuilN paid for IN cash or ITS Cqu'-
vaient mn property. tScc exhibit attached.
The Ccr,lhcatcS OF shares al stock shall he
signed 10y the president and by the secretary
and treasurer, OF II the absence or inability
10 act OF the president, by the ylCc-prrsudcut
and secretary and treasurer. or III the ah-
sence OF lnahliity To act OF tn secretary and
treasurer by some one designated IN ms place
by the board OF directors. SAID stock shall
be transferable only on the books OF the com.
pauy, and on the surrender or due proof "t
loss OF the original certhcatc. The capital
stock may be increased to one hundred thou
sand tSlpOUDOOl dollars.
Article l\.-lho purposes OF the corporation
and the nature OF the business intended To
be carried ON by II are declared 10 be: 10 puT-
chase. lease, own and operate cotton presses
ana congresses; To compress ana store cotton
and other MERCHANDISE; to carry on the buSl-
ness 81 pubhc Wdrehouscman ana issue ne.
Eoldhle warehouse receipts, and Tor any OF
the above stated purposes to purchase or lease
and hold, own or sell or rent property both
movable ana imiAoNdbie' ana generally 10 do
all things that may De required IN or con
venlert Tor accomplishing the purposes here
Inabove set forth. and to make all contracts
requisite or eNpedlent to the accomplishing
OF any OF SAID purposes.
Article N-Al powers OF TINS corporation
shall he vested IN and exercised by board
OF not less than three nor more than seven
directors, each OF whom snail own at least
one share oi the capital stock OF TINS company.
The said directors shall he elected by ballot
at an annual meeting OF the shareholders, un-
der the supervision OF two commissioners ap-
pointed by the board OF directors; which meet
ing shall be held on the second Wednesday IN
September OF eaCh year, after due notice
gwen to the stockholders by the secretary by
mail at least htteen days prior TO the date OF
such election. AT all meetings OF the share
holders, each shareholder shall be entitled to
share OF stock held by him, but no person
shall vote any stock transferred within ten
days prior to the holding OF such meeting.
At any meeting OF the board OF directors, any
director absent from said meeting may be
represented by another director who may cast
the vote OF sand absent director according to
the written instruction OF SAID absent director.
The board OF directors shall have the power
by two-thirds vote OF all the directors To
sell. lease, mortgage or pledge any ana all
OF the property, movable ana iminoVaOie, Oc-
longing to the corporation without referring
to the shareholders for power to do SO, ana
they may also purchase tor cash or on credit,
property OF any KIND required tor any OF Inc
purposes Of thus company, without authority
from the shareholders. The board OF dlrec-
tors have power to issue or to confer general
or special power on the president 10 issue
promisSory notes ana other negouable paper;
Until the next general meeting TO be held
under this charter, VIZ: on the second wed
nesday OF September lylo, me Poard oil di