The herald. [volume] (New Orleans, La.) 1905-1953, 1915-07-29

or other waterways of the world =; eiI I
tIan SnGaHlng or business, whether for the
! uaHspoltauon OF merchandise or nassencs-s
or Tor towing and lighterage. p''esers'
| Secton To locate, build. cons+r,,o, ..
laohSh, purchase, acquire own. Iease
Ou., hoId use, maintain and operate wbaryes
| other buildings for the storing Of go.
gram and any and all other commod;t;ns'
| lot hife or otherwise; TO make adyances -
. Ia upon me security of such freight goods
ana commodities or otherwise; TO issue Co.
| hcates or receipts either negotiabIe ~ -
negotiable to persons storing goods with 81.
| company; and generally to do husi,ess =, =
ss, uoie ~arenouseman under the laws of the
| s'ate oi louisiana, or any other state terri
! TORY or country in which il NAV onerate "a
| 10 carry on and undertake any business t-sns-
aclion or operation commonly carried on or
unsS sSHen Dy ~arehousemen, and any bust
| Us Mhich may from time to time be conye.
| hlehtiy carried on in connection viii ,bs
| ABOVE anc as an incident thereto
section s. To buy, SELL import. export
| manufacture and generally deal in tin,hHT ~
| all kinds and descriptions: TO manmfa",,,r VI
prepare sell and generally deal in cabinet
ana other wood; to build maintain a,J 80
ave inilis, sawmills, flour mills and factories.
| to be operated by STEAM electricity oT otbsr
power; to produce, manufacture. nyrcIase
| market, export, import and generally deal IN
| iuoOer, chichle gum, tobacco, coffee fr,,;ts
| hemp, gram, live stock and any and all kinds
| OF commodities whatsoever
Section 4. To acquire by pu-cbase lease
| exchange, or otherwise deal IN real estate
| plantations, lands or any interest therein
| I,,aChInery' tools and instruments. either in
! the United States or without the Tinted
| States; to acquire, construct and operate sug,,
or other Plantations, sugar or other refrer,c>
buildings, mills, factories distillerirs nan
.HIns, OH weiS and other plants; % plant cul-
! uVate and deal IN sugar cane, maize tobacco
or other crops; to buy, acquire build nos.
I sesS, rent or sell dwelling houses: 10 o,,,,
tease o! otherwise acquire stores and do a
general MERCHANDISE business, whether whole
sale or retail, and to buy and sell every va
. TlSly or commodity Of any kind or nature
whatsoever; to carry on the business of man.
uiacturlng, producing, refining, adapting pre-
paTing' buying selling and dealing in and
shipping and transporting. sugar cane, sugar
thereof.
| Section 5. To locate. build, construct, es.
IaDiShi purchase acquire, own, lease, rent
/ out hold, use and maintain and operate rail.
1 roads, whether steam or electric, tram or
! standard gauge, for the purpose of carving
! on the business of the company, provided,
! however, that such railroads shall not be built
| or operated as common carrier by this com
/ pany without this right being given by amend
ment to its charter.
Section 6. To purchase, lease or otherwise
| acquire lands and buildings in this state or
| elsewhere for the erection and establishment
| OF mandatory or manufactures and work
| shops with suitable plant engines and ma
| chinery, with view TO manufacture, buy,
] SELL import ana export or OtheTWISe deal n.
either directly or indirectly, through the me
/ dlum OF agents or otherwise, all commodities
| Of any class, kind or description whatsoever
Section z; To purchase, acquire, hold, own,
| pledge, sell, lease and dispose of and gener-
ally deal in the stocks. bonds or other secu-
| rites evidences of Indebtedness property
| rights, business, good will, franchises and
assets OF every kind, of any nrm, association,
| individual or corporation, foreign, dome site
! or municipal; and to loan money and accept
| mortgages security for debt, or otherwise
acquire and hold the same, and acquire and
hold any and all property in trust and act
| as trustee or agent.
| Section 8. To carry on any other business
which under the law it may be entitled to
! carry on, which may seem to the corporation
10 be calculated, directly indirectly, to ef-
| rectuate the aforesaid objects or either OF
/ them, or to facilitate it in the transaction OF
| its aforesaid business or businesses or any
part thereof, or in the transaction of any other
lawful business that may be calculated, di-
| rectly or indirectly, to enhance the value or
| to render profitable any of the company's
| properties and rights; and generally to hold
| and exercise all such incidental powers and
privileges as relate to the objects and purposes
| hereinbefore set forth or as may be necessary,
useful or convenient for effecting said objects
| and purposes.
Article IV.-The authorized capital stock OF
this corporation is hereby declared to be the
! sum of fifty thousand dollars C$S00O0O0),
which capital stock is to be divided into and
| represented by hve hundred (500) shares of
common stock of the par value of one hundred
| dollars $4,000 each, which capital stock
may be increased to the sum of one hundred
| thousand dollars (Sl00OO000), or fifty thou
sand dollars ($50,OOo.00 additional, in the
manner provided by law, but this corporation
| shall have the power to create two or more
kinds of stock of such classes, with such
| designations, preference and voting powers or
| restrictions qualifications thereof il
may see mt. Said capital stock shall be fully
paid and n.assessable when issued, and
shall be represented by certificates and shall
| be personal property. No transfer of said
| capital stock shall be binding upon this cor
porstion unless made in accordance with its
charter and bylaws and recorded on the books
| thereof.
| Article V-No stakeholder may offer for
sale, assign or transfer his stock in this cor
poration without giving to the other stock
| holders FIVE (0 days prior notice of such
| intention, which notice shall be given in
writing to the secretary-treasurer, and the
other stockholders shall have the first priv.
! lege of purchasing the said stock at the book
value thereof for period of hve 80 days
| from the delivery of said notice to the secre.
, tary- treasurer, after which FIVE 50 days if
said stockholders do not avail themselves OF
said privilege, said stock may be sold to
whomsoever the stockholders may see fit.
Article VI.-The business OF this corpora
| ton shall be managed and all the corporate
| powers thereof, except as hereinafter stated.
shall be vested in and exercised by board
| of not less than three (3) nor more than seven
| % directors to be elected from among its
stockholders, majority of whom either pres.
| ent in person or represented by proxy, shall
constitute a quorum. The first board of di:
rectors of this corporation shall be composed
of three 90 persons, namely: Albert God.
chaux, whose postofice address is No.
Richmond Place, New Orleans, La; Robert,
C. Milling, whose postofice address is No.
| l46S Nashville avenue, New Orleans, La; Jose
Rosado, whose postoiice address is No. 2olO
Napoleon avenue, New Orleans, La, with
Albert Godchaux as president; Roberts {.
| Milling as vice-president, and Jose Rosado
as secretary-treasurer. Said board of directors
shall serve until the first annual meeting of
| stockholders for the election of directors, or
until their successors are elected and quail
| fed.
| Article VII-On the thirty-hrst day of De-
| cember 1915, and annually thereafter on De-
cember thirty-hrst in each year, a meeting OF
the stockholders of this corporation shall be
held at its domcie for the purpose OF elect
| ing directors for the ensuing year: AT such
meeting il shall be first determined the num-
Der of directors to be elected, and after de,
| termining the number, the stockholders snail
| proceed to make such choice, which board OF
directors, when thus elected, shall not be In,
creased or diminished except at an annual
| meeting or at a special meeting of the stock