The herald., 1914-08-13
CHARTER
CHARTER
OF THE NEW ORLEANS PICKERY

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United States OF America, State of louisiana
Parish of Orleans, City 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 hundrel and thirty-eiphtb
before me, Charles +. rletchinger, 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
lions, they nave cOvenadted and agreed and
do, by these presents, covenant and agree and
bind themselves, as well as those who may
hereafter become associated with them, to form
themselves lntOa corporation for the objects
and purposes, with the name and under the
stlpulatons following, to-wit:
Article The name and style of this cor.
poratIon shall be The New Orleans Pickerv
and by said corporate name it shall have and
ENJOY succession and existence for a period
OF ninety nine years, unless sooner dissolved
and shall have all of the rights, privileges
ana ana iinnnnltles granted by law to corpora
tons; and, under said corporate name, il Shall
nave power and authority to contract sue and
be sued; to make and use a corporate seal
ana TO break or alter the same at pleasure
ana make all necessary rules and regulations
tor its corporate management and control. and
shall have and enjoy all the rights. privileges
ana lmmuIitIes which dow or may hereafter
oe 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 otheT
legal processes shall lie served upon the
president, or, in his absence or inability 10
act upon any other officer of the corporation
Article lll.-The objects and purpo, SEES for
winch this corporation is organized and the
nature OF the business to be carried on nv II
are hereby declared to be: To acquire, by
purchase, lease or otherwise one or moe
pickeries other cotton reconditionin0 estab-
lishments, and TO own, maintain and oDerate
the same; to buy and sell, and generally IN
deal IN all kinds of cotton and cotton Nv
products, bagging, ties and accessories; to buy
ana sell and generally to deal in the objects
above specified, either for the purpose OF 40.
mesuc shipment or foreign export. for tie
own use and account or as the factor or agent
f9r others, and generally to do and perform
an other things incidental or germane to the
oolects and purposes above expressed
Article 1V.-The capital stock of this COR
poration is hereby fixed at the sum of twenty.
five thousand dollars (s25,OOO). divided into
two hundred and fifty shares of the par vaIue
Of one hundred dollars each. Said stock shall
be issued only for cash or in psyment of
property received by or services rendered 10
said corporation, and this corporation shall
commence business and become a going con-
Germ as soon as ten thousand dollars of it's
The balance Of said capital stock shall be
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 and
thereafter be worcestershire. The said appear
ers declare that they each hereby subscribe
for the number of shares of the capital stock
of said corporation set opposite their resnec
tive signatures hereto.
No present future stakeholder shall ever
validly sell, assign or transfer, other than by