The herald. [volume] (New Orleans, La.) 1905-1953, 1915-08-05

7 -. r..
hdrD0rs' bays, lakes, rivers csnaI.' gun
r o.ner waterways of the world in a., I
~. unaertaklng or business, whether ~ Jaw ,S
or for tou,;Ud vi merchandise or passengers
section 2 To locate, build. co,s,-,,..
.aoish, purchase, acquire, own. Ieass g
OeIs ho siin use maintain and operate wIarVes
other b,,iIJ;ma WAREHOUSES;, grain elevators an,
gram and any and ell other con,,,nS:IEs NJ
,,oI hre or otherwise; to make aJ,,ara ies
I'D upon me security of such freight. GOOD.
hcates or receipts either nrgo,;ohi sue 0ertl
| he9otiaOle TO persons storing goods ,s;.L "U ~
company; and generally to do busi,ess IN tiit
ss,u oie w3rehouseman under the laws of ,bs
| STATE OF Louisiana, or any Other St. lie
tory or country in which il NAV 60, TERN,
10 carry on and undertake any business an. a,io
| dSIOh OF operation commonly carried o. -
unss sdkeh by Warehousemen, and anv bus;
ness which may from time TO time he .D us
niently carried on in connection Viii We
| ABOVE and as an incident thereto '"e
section ). To buy, sell, import .xno-.
iii and generally deal in timber of
prepare sell and generally deal in cab;ne.'
ana otner wood; to build, maintain ana 49,
ate mills, sawmills, -four mills and fac,oL;o
Don o. operated by steam. electricity or other
market export, import and generalIv al =,
RUBBER chlchle gum, tobacco. coffee S.
| hemp' grain, live stock and any and all ID
Section 4. To acquire bv nr-cb.so -
exchange, or otherwise deal in real es,a,e
PldI'duohs, lands or any interest there;r
machinery, tools and instruments .itbe- =;
Cniteu states or without the United
HIattS' 10 acquire, construct and operate s,,g,
or other plantations, sugar or Other refreTI..
Ouiidihgs, mills, factories, distilleries. nan,
nIlIs, oil wells and other plants; 20 n,a,, 60,
J Fa'E anu deal IN sugar cane, maize, tobacco
OF otheT crops; 10 buy, acquire, build nos
Sess' rent or sell dwelling houses: 10 oyy,,
ease o: otherwlse acquire stores and do
general merchandise business, whether Who'll
sa,e OF retalI, and to buy and sell every va
riety OF commodity of any kind or natrT-
whatsoever; to carry on the business OF man
uiacturing, producing, refining adaptinQ nre
Pdrlhg' buying selling and dealing in and
PP,ns anu transporting, sugar cane, sugar
thereof N Gil TIC products
Section 5. To locate, build, construct. es.
taDlSh, purchase, acquire, own, lease rent
OUT mold, use and maintain and operate raiI
roads, whether steam or electric, tn -
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 a common carrier nv this corr
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 tor the erection and establishment
OF mandatory or manufactures and uorL
shops with suitable plant, engines and ma
chinery, with a view 10 manufacture nv,
sell import and export otherwise deal in,
Sither directly or indirectly. through the me.
dunn of agents or otherwise all commodities
OF any class, kind or description whatsoever
oectlon :: 10 purchase, acquire, hold, own
pledge, sell, lease and dispose of and gener.
ally deal in the stocks, bonds or other secu-
rities or evidences of Indebtedness, property.
rights, business, good will, franchises and
assets of every kind, of any nrm, association.
Individual or corporation, foreign, domestic
md Loo.
mortgages as 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.
which under the law it may be entitled 10
carry on, which may seem TO the corporation
to be calculated, directly or indirectly, to Ell
rectuate the aforesaid objects or either of |
them, or TO facilitate 1t 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 d. |
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 $500 mn |
which capital stock is to be divided into and |
represented by five 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 (s1OOOOOOO). or fifty thou. :,
sand dollars (SSO,0OO.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
preference and voting powers or
or qualifications thereof as il
nay see fit. Said capital stock shall be fully
2aid and worcestershire when issued, and
'hall be represented by certificates and shall
De personal property. No transfer of said
;aptal stock shall be binding upon this cor
,orstion unless made in accordance with its
,harter and bylaws and recorded on the books
hereof.
Article V.-No stakeholder may offer for
ale, assign or transfer his stock in this cor.
'oration without giving to the other stock
folders five 80 days prior notice of such
ntention,. which notice shall be given in
writing to the secretary-treasurer, and the
ther stockholders shall have the first priv.
eye of purchasing the said stock at the book
-alue thereof for a period of five (S days
rom the delivery of said notice to the secre-
ry-treasurer, after which FIVE (5) days if
aid stockholders do not avail themselves of
aid privilege, said stock may be sold to
ghomsoever the stockholders may see fit.
Article VI.-The business of this corpora
ion shall be managed and all the corporate
overs thereof, except as hereinafter stated,
hall be vested in and exercised by board
not less tnan three No) nor more tnan seven
y directors to be elected from among its
majority of whom either pres
mt in person represented by proxy, shall
onstitute a quorum. The first board of di- I
ectors of this corporation shall be composed !
three 80 persons, namely: Albert God
haux, whose postofice address is No. 4 L
richmond Place, New Orleans, La; Roberts }
:. Milling, whose postofice address is No.
i6s Nashville avenue, New Orleans, La; Jose
,osado, whose postofice address is No. 26l0
napoleon avenue, New Orleans, La, with !
.lbert Godchaux as president; Roberts c. 7
Iiiing as vice-president, and Jose Rosado {
5 secretary-treasurer. Said board of directors
hall serve until the first annual meeting of v
stockholders for the election of directors, or
ntil their successors are elected and quail
ed
Article VII-On the thirty-frst day of De-
.mber, 1915, and annually thereafter on De-
,mber thirty-hrst in each year, meeting of
lie stockholders of this corporation shall be J
ED at its domicile for the purpose Of elect =
lg directors for the ensuing year: At such
Getting it shall be first determined the num- r
er of directors to be elected, and after de- =
.rmining the number, the stockholders shall :
roceed to make such choice, which board of
rectors, when thus elected, shall not be in.
-eased or diminished except at an annual J