The herald., 1914-02-19
CHARTER

CHARTER
or lie LOUISIANA BAG CORPORATION.
! OHited states OF America, State of Louisiana,
ndrlsh Of Orleans, City of New Orleans
| be II known, That on this day, the third
OF the month Of February, in the year of our
! teen IlSlD and of the Independence of The
| United States OF America the one bundled
and thirty-ninth, before me, Lewis Rossner
Parish of Orleans State of o, TsG ior d me
! commissioned, sworn and qualified, and in
| the presence OF the Witnesses hereinaftar
Tanned and undersigned, personally came and
| appeared, the several parties whose names
| are hereuntO subscribed, who seyerallv Dc.
! ciared that, avaIling themselves of the pro-
VISIONS OF the laws of this State relative to
uhe organization OF corporations, thew have
| covenanted and agreed, and do by these pres
entS' covenant, agree and bind themselves
| anu Shose VINO may become hereafter asso.
cll.'a WIN them to form themselves into
| IDIPoTaton Tor the objects and purposes with
| ing, to wit: 'O'O"-
Article I; The name and style of this cor.
poratlon shall be The Louisiana Rae c.
Porat0n, and by said corporate name II
shail nave and enjoy corporate succession for
ba PERIOD OF nlnety-rine years from the date
have all the rights, privileges and immun;t;es
granted by law to corporations.
| Article H. The domicile of this corno-a,;o,,
sn m De IN the city of New Orleans. and
] he
served as the law directs "
Arlcle III. The objects and purposes for
GdnIa TINS corporation is formed are hereby
declared to be: To carry on the business ~
manufacturing, buying and selling bT,,an
pdgS' Doth new and second hand, iufe tUinesF
ouIIdps, yarns, ties, flax or hemp twines. cot
b om osgs ana ana bags or sacks of all kinds; to
puy and sell junk of all kinds and iron
Drass, copper and other metals, and bas,
IHachlnery; TO buy and sell any other kinJs
VI merchandise the management NAV see 6t.
/
corporations for any of the articles ahoye 60,
| IoTth; to receive goods on Commission and -
sen me same, and generally to hold and ey.
| iIeges al Sueh incidental powers and priv
Heets relative to the objects heretofore &c,
| ICith ana TO carry on any other business in
G -.iI TO or pertaining to its purposes.
nora,ioI ~. The capital stock of this cor
Poration is hereby declared to be two bnnd-ed
ana NIFTY thousand dollars (25OOO0O0 d;yidsd
ITO ana represented by TWENTY-FIVE bundred
L; lZS,O OF one hundred dollars each
he $3.50 SsSeE snail be payable in cash or NAV
issued IN payment OF property purchased
OF lor services rendered to this coTnorat;o~,.
ms corporation shall begin business and he
sand doiforss concern as soon as three thou
AIucle ". No stakeholder NAV self ass;Cn
OF transfer his stock in this CORPORATION Iy;tI
TetaE s'is 10 me corporation, through its Sec.
Is'dry; thlrty days prior notice IN w,;,;n
OF such intention, and the Other stocLhoi5ns
shdll nave the first privilege OF n,,Tcbas;,,,
.he salq stock at the book value thereof foI
which ,h; 1L thlrty days from said notice, after
%nien n, ishirty days notice the said stock NAV
De sold IN the open market. ''0@N may
Article VI: Ali the corporate now.rs ok
erciso - Poral9n shall be vested in and ex
e,OIseu py Board of Directors elected FROM
among the stockholders; two of whom s ihoiII
anu and a quorum for the transaction Of
any ana all business. The said board Shall
CONSIST OF three directors '"Sii
On the first Monday in Tanua-,, ,o,r
tidiy thereafter, general meeting az a.
Of sIno,9s snail be held for the burmese
Said eIectigor ui sTS for the ensuing year
che OF the corporation and the sbaIeboiga.
e living the highest number of the votes
Ssooi snall be declared elected Each share 81
holder tbnr.oS ehtltled to one vote, whether
written proxy. oy
,o-s sSi after election, the said direc.
dent SeIect from their number Presi
Treasurer ie'dIy, and a
bo hIlcie VII. Notice of all meetings of steel.
nthae Tor election of officers or for anv
o 1ther purpose shall be given in w,;.;r, any
lie secretary to be deposited !, he "
AZ iedst ten days before such meeting i haIJ'
ana directed Je to each stakeholder to his nsmc
the books of as the same shall appear upon
80; oo?Ks OF the corporation, unless Sid
nouSe IS waived in writing bv ali IS S ara
N"o iii appearing as such on the hooks
vbe,bs al such meetings every stockboldeT
De entitled to one vote for s,c Rh,oSS, shaii
s stoek standing in his name on the boots oot
60 o eopotation, and a majority of the votes
ali onest; nSi oe sufficient to elect or decide
81 luGIsi3 4T voted upon.
b.1J Si VIZ. No stakeholder shall ever h.
Fa,,I,. haDIe or responsible for the contracts
f,,-tbs OF aeots OF this corporation in any
tle corporation on the shares OF sto.L NC ~ 70
ScIioed Tor by him, nor shall anv ners ;nsnl
randsy IN organization have the effect Of
stockhoider 70 smarter snn null or of exposing
PAD balance due upon said Stool INC I'M
Article TX. This act of incoTnor,.;o
nc altered, amended or modified, or the co+.
ka .L may De dissolved by a vote of tbrs.
iourths IN amount of capital stock. renTessntsJ
Ill, general meeting of the stockboIds,s
. .t Tor that purpose, after giving not;.s
and IN as S provided in Article VII of this act,
lofty OF the entire stock must be present o.
represented at such meeting, and he stooi
nu;ds, at such meeting shall elect two ii.
charge Of C snh who shall have entire
Iii 9l such liquidation, with authority m
sen sen ana dispose of the assets of the Corner.
number occurring In their
The subscribers hereto have resnec,;vo,,,
written opposite their names the annorn, ~
STOCK IN this corporation subscribed 10, hr
e .; OF them, so that this act of incornor.,
ton Ts,y SiSo serve as the original subscrip-
non nSt OF this corporation.
. Article X Until the regular election a, n.
nrsi MONDAY IN January, 1915 the following
snail constitute the Board of Directors. las
mn feiteI Rosa Feitel and Benjamin F.
! eitel, with Jasmin Feitel, as President; Ben.
amin +: Feitel, as Vice President Secretary:
Rosa Feitel, as Treasurer.
, Article II. In case of a vacancy on the
Board OF Directors or among the officers from
any cause, the vacancy shall be filed at
special meeting of the Directors called for
that purpose. -0
The Board of Directors shall have power 70
enact such bylaws, rules and regulations as
may be necessary and proper for the manage.
nent OF this corporation and the same TO
alter and amend at pleasure.
, nus done and passed, in my office in the
ne City of New Orleans aforesaid, the day,