The herald., 1914-01-15
CHARTER

OF "KRACKE & FLANDERS COMPANY -
United States of America, State of Louisiana,
Parish of Orleans, City of New Orleans.
Be it known, that this first day of the
month Of December, in the year of our Lord,
one thousand, nine hundred and thirteen, and
Of the independence of the United States of
America, the one hundred and thirty-eighth
before me, Arthur John Peters, notary pub
lie, duly commissioned and qualified, in and
for the parish of Orleans, city of New Or
leans. and state of Louisiana, therein resid-
names are hereunto subscribed, who declared
that availing themselves of the provisions of
the laws OF the state of louisiana, relative to
the organization of corporations, they have
covenanted and agreed and that they do COW
enant and agree, and by these presents, bind,
form and constitute themselves, as well as
such other persons as may hereafter JOIN
them or become associated with them, into.
corporation and body polite in law, for the
objects and purposes following to-wit:
Article 1.-The name and title of this cor.
poraton shall be: "Kracke & Flanders Com
pany," and its domicile shall be in the City
OF Louisiana. Under its corporate name the
said corporation shall have the power and au-
thority to exercise and enjoy succession for
a period of ninety nine years from the date
hereof, unless sooner dissolved; to contract,
sue and be sued; to make and use a corporate
seal, and to break, alter and change the same
at pleasure; to have, hold, use, purchase, own,
receive, lease, sell, convey, mortgage and hy-
pothecate or pledge property real, personal and
mixed; to borrow money and to lend any
portion OF its income, proceeding from It's
capital stock otherwise, and to give and
receive securities therefor; to make advances
on real and personal securities; to purchase,
receive, hold, sell its stock, or otherwise deal
i'll bonds, mortgages, notes, shares of capital
stock and other securities, obligations, con-
tracts. and evidences of Indebtedness of any
private, public municipal corporation, or of
the government of the United States, or of
any state, territory or colony thereof, or of
IL. ~.
corporation may have a lawful interest; to
receive, collect and dispose of interest, divi-
dends and incomes upon, of, and from, any
such bonds, mortgages, notes, shares of cap
Ital stock, securities, obligations, contracts,
evidences of Indebtedness, and other property
held, managed, or owned by it, and TO exer-
else in respect of all such bonds, mortgages,
notes, shares of capital stock, securities, OBJ.
legations, contracts, evidences of indebted
ness and other property, any and all rights,
powers and privileges of individual owners
thereof; to do any and all lawful acts and
things tending TO increase the value of the
held, owned, controlled or managed by the
corporation; to issue bonds and to secure the
same by pledges, deeds of trust, mortgages,
or trust indentures, of, or upon, the whole or
any part, of the property owned by the cor
poration, and to sell, or pledge such bonds for
the proper corporate purposes of the corpora
tion, in such manner, and at such time as
the board of directors shall determine; and
IN the promotion Of its said corporate business
and to the extent authorized by law, to lease,
purchase, hold, sell, assign, transfer, pledge,
mortgage, and convey, real, and, so far as in.
cldental to these purposes, personal property
OF any name, kind, or nature; to sell, or issue
or buy, all or any part of its capital stock or
any bonds or other evidences of Indebtedness
authorized by its board of directors in paw
ment for the good will, rights, business, per-
sonal property, real estate, or leases thereon
OF any person, firm, association or corpora
tion, and the Judgment of its board of direc.
tors, as to the value of such goodwill, rights
business, property, real estate, or leases
thereon, shall, in the absence of fraud be
conclusive; to cause or allow the legal title
estate and interest in any property acquired
established, or carried on by the corporation
to remain or be vested or registered in the
name of or carried on by any other company
or companies, foreign or domestic, formed or
to be formed, and either upon trust for or
as agent, or as nominees, of this corporation
or upon any other terms or conditions which
the board of directors may consider for the
oeneht OF this corporation, and to manage the
affairs and take over the business of such
company or companies so formed or to be
formed, either by acquiring the shares, stocks
or other securities thereof, or otherwise how.
soever, and to exercise all or any of the DOW
ers OF holders Of shares, stocks, or securities
thereof, and to receive and distribute as
prohts, the dividends and interest on such
shares, stocks or securities; TO guarantee the
payment of dividends or interest on any
shares, stocks, bonds or other securities own
ed by, or any other contract or obligation of
any corporation whenever proper or necessary
Tor the business OF this company, and so far