The herald. [volume] (New Orleans, La.) 1905-1953, 1914-03-05
CHAR TER

CHARTER
! OF TIE LOUISIANA BAG CORPORATION
l Lllcd States OF America. State of Iorisiara
IaTish OF Orleans, City OF New Orleans
ne IL known, That on tins day. the third
81 NE month OF February, IN the year of our
teen Ll'lD and Of the Independence of IN.
United States Of America, the one burdred
ana uIrty-nlnth, before me, Lewis Rossrer
PPl%nIn, a o notary public, in and for the
| idilSh OF Orleans, State Of louisiana duIv
! commissioned, sworn and qualified, and in
the presence Of the Witnesses he-cin5f,e-
named and undersigned, personally came and
are hereunto subscribed. who seyerallv Je5
| Slared that, availing themselves OF the mr.
! VISIONS OF the laws Of this State relative To
",SnnI<a9 ' OF corporations they have
CoEehdnted and agreed, and do by these pres
| ems covenant agree and bind themselves
| ana those who may become hereafter asso
GATED win them, 10 form themselves into a
/ tyIpoIdilon Tor the objects and purposes with
| me name and under the stipulations follow
! ing, to wit. 'O''O"
Article |; The name and style Of this cor.
poTatlon shall be The LouiSiar, r. r.
porauon' and by said corporate rg5,e :.
sHdII nave and enjoy corporate succession for
PERIOD OF mnety-nine years from the date
bsye IN uh I'M sooner dissolved. and shall
/ granted by law to CORPORATIONS ''eS
/ Article H. The domicile of this corpora,i,,,
nan Oe IN the city OF New Orleans. and
] ha
served as the law directs ~
HIticlG III. The objects and purposes for
S S.lICn ms corporation is formed are hereby
declared to be: To carry on the bueirnss ~
manufacturing buying and scII;Dg 49, Oh
pdgS' Doth new and second hand, iufe tvircIP
uIIdps' yarns, ties, fax or hemp twiues cot
by, oasS ana DagS or sacks of all kinds; TO
puy and sell junk of all kinds. and ;,o,,
| DtaSs' copper and. other metals and h.,
machinery; to buy and sell any Other t;nds
70 inei'n No the management may see TT;
" dSt as agents for other parties frns -,
corporations for any of the articles abo,n so -,
| IoTin; 10 receive goods on commission and -
SCI! the same, and generally to hold and eT,
| iIeges rsi, ;uoh lncidenta! powers and priv
f,ssS IeiauVe to the objects heretofore set
looItn ana to carry on any other business ~
Gr.;I 10 or pertaining TO its purposes
,o1a i.iSIe ~. Inc capital. stock of this cor
PoIatlon Is hereby declared to be two bnnd-nd
ana NIFTY thousand dollars (25OOOOml Jiy;J.J
lhto ana represented by twenty-five hundreJ
Li t<ogO OF one hundred dollars each
he ;ss H.Ick snail be payable in cash or NAV
o issued IN payment OF property purchased
OF ior services rendered to this coTnoTatior!
c ci,rs corporation shall begin business and he
sanJ l99ons concern as soon as three thou.
| - uGIIdrs snail be subscribed and maid to-
! article " No stakeholder NAV self assiCr
oI transfer his stock in this CORPORATION us;tI
rt g'ins 70 the corporation, through its Sec
! Ietary; thirty days prior notice in w;t;.Sa
| OF Such intention, and the other stocLboi5ns
shdH nave the first privilege of nnrcbas;,,o
aiie sald stock at the book value tbereof Is
wb;cb ,h .. thlrty days from said notice, after
Slich thirty days notice the said stool NJ,
=, Article VI. All the CORPORATE ,ouO-,
ercised iiPPU y Ra shall be vested in and ex
among the stockholders; two of whom s iboII
pns'Ituie quorum for the Transaction ~
amy ana all business. The said board Shall
Co1slst OF three directors ''idii
On the first Monday in Tanusr,, ,o,z
stIidiy thereafter, general meeting of a.
Of Siaot;tIs snail be held for the purpose
Said eIectior directors s2l TOR the ensuing year.
Cale OF the corporation and the shareboiJaIs
rec eeeiEing the highest number of the yot.s
49, snalL be declared elected Each sbare IS
holder tbe-eof ;enIltled to one vote, whether
written proxy. P'eSen'eo by
tors sbii after election, the said direc.
dent. We prom from their number a Presi-
Treasurer secretary and a |
bo hTticie VII Notice of all meetings of stock.
otber -oL eleTtlon OF officers or for anv
me secretary to be deposited !, ~ "
a. 80 81 zen Gays before such meeting is beIJ
anu aiIIgscted to each stakeholder to his name
the books 81 as ,t tne same shall appear upon
80; oo?ks OF the corporation, unless Sid
notlSe IS waived in writing bv ali % S th
A, Niioi III appearing as such on the boots
wbe,be- sucn meetings every stockholdeT,
h. me- ny! present IN person or by proxv sbsii !
De emitted to one vote for each * ShdIs
STOCK standing in his name on the hooLs OF OF
so csS, potaIof1, and majority of the votes
ali onest;nns oe SUFFICIENT to elect or decide
hIlSle VIII No stakeholder shall evs- =.
fs,,Its iiaoie or responsible for the contracts
fITtbe- e., ueoLs OF this corporation in any
~. III 'her sum than the unpaid balance A. -
sne corporation on the shares of stocL 80 ~ |
noIioeu ior by him, nor shall anv mere 49,
Tendeying IN tb GrganhzatiOn have the effect Of
ssiIIng thls charter null or of exnosino
stocKholder to any liability bevond ~ ga q /
pau oslanee due upon said stock. VII
article TX. This act of incorporatio, ma.
porston GaS AMENDED bn &c; or modified, or the cor.
lvur.nS IN amount of capital stock, represented
al general meeting of the storkboIda.es
thereof as pT nSi purpose after giving notice
ana, IN case Of dissolution. ar least at
IoIlty OF the entire stock must be present o.
LePIeSented at such meeting and tbe s,o,t
1,,; at such meeting shall elect two ii.
4uldating commissioners who shall bave 49,. |
charge OF such liquidation, with antbo-;,,, =.
sen and dispose of the assets of the co-oo-s -
number occurring IN their
The subscribers hereto have -esnec,;r.,,,
written .en opposite their names the amount %
''oTk IN TINS corporation subscribed for h.
, ;nL OF them, so that this act of incorpora,
non may also serve as the original subec,ia-
loh hst OF this corporation
Art,Gle y. Until the regular election on the
irst Monday in January, 1915 the FOLLOWING
I nan e constitute the Board of Directors Jas.
Ssitr 80 Nosa reitei and Benjamin F.
an n F: Feitel, as Vice President-Secretarv.
Kos Feitel, as Treasurer
Article N. In case of vacancy on the
oodi OF Directors or among the officers from
my cause. the vacancy shall be filled ar
Peeial meeting Of the Directors called for
hat purpose. "
The Board Of Directors shall have power to I
I nae uch bylaws, rules and regulations as I
nay be necessary and proper for the manage. {
tent o. this corporation and the same TO |
Tier AMI amend at pleasure
mus one and passed, in my office in the !