The herald. [volume] (New Orleans, La.) 1905-1953, 1915-07-22

wing ana nghtcraRe.
Section 2. To locate, build oons,-..
tabhSh, purchase, acquire, own, Ieass es
out, hoI1' use, maintain and operate wb,-nas
PP, PIES SIPS; warehouses, grain elevators and
grain oud ss Tor the storing OF freight.
siaih ana any and all other commodit;.s'
ior hire or otherwise; to make advances .,
loans upon the security of such freight 60.
ana commodities or otherwise; to issue 60
neSot;,bI. , :, either negotiable or non.
hesouaole to persons storing goods with 81.
company; and generally to do business .s =
PUBIC warehouseman under the Iaws os -
state state OF LOUISIANA, or any other state. terri
.oIy OF country IN which il NAV operate ara
10 carry on and undertake any bus;p.ss ,. H
ACTON or operation commonly carried on o.
Undertaken by warehousemen and anv he;
l;s,I Shien may from time to time be conve.
hiently carried on in connection with ,b.
ABOVE and as an incident thereto.
oeCioh ). 10 buy, sell, import e,oor,
MANUFACTURE and generally deal in timber NJ
a al AI,ius ana descriptions; to manufacture,
prepare sell and generally deal in cabinet
ana other wood; to build, maintain and one
ate mills, sawmills, -four mills and factories
10 be operated by steam, electricity or o,brr
PoweI; 10 produce, manufacture, purchase
MARKET export import and generally deal in
rubber, chlchle gum, tobacco, coffee. f~r,;ts
hemp, gram, live stock and any and all kinds
oil commodities whatsoever
oeeuon y 10 acquire by. purchase, lease,
exchange, or otherwise deal in real estate
plantations, lands or any interest therein
machinery, tools and instruments. either IN
the United States without the United
States; to acquire, construct and onera+e 60,
or other plantations, sugar or Other refrs~'s
Driidlngs, mills, factories, distilleries nam,
mills, oil wells and other plants: 10 DIa,, r,,,
tlvate and deal in sugar cane, maize, tobacco
or other crops; to buy, acquire build nos
sess, rent or sell dwelling houses. 10 oyr
tease or Otherwise acquire stores and do
general merchandise business whether ybore.
SAFE or retail, and to buy and sell every va.
riety OF commodity of any kind or nature
whatsoever; to carry the business of man.
utacturing. producing, refining, adapting. pre
pairing, buying. selling and dealing in. and
shipping ana transporting, sugar cane, sugar
molasses, syrups, melada and all the products
thereof. F'
Section s. To locate, build, construct. Is.
tabllsh, purchase, acquire, own, lease rent
OUT mold; use and maintain and operate rail
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 a mandatory or manufactures and WORK
shops with suitable plant, engines and ma.
chinery, with a view to manufacture buy
sell, import and export or otherwise deal in,
either directly or indirectly, through the me-
dunn of agents or otherwise, all commodities
of any class, kind or description whatsoever.
Section 2: To purchase, acquire, hold, own,
pledge, sell, lease and dispose of and gener-
ally deal IN the stocks, bonds or other secu-
rites or evidences of Indebtedness, property,
rights, business, good will, franchises and
assets of every kind, of any nrm, association,
individual or corporation. foreign, domestic
or municipal; and to loan money and accept
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.
Section e To carry apv nth
which under the law il may be entitled to
carry on, which may seem to the corporation
to be calculated, directly or 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-
rcctly or indirectly, to enhance the value or
to render profitable any of the companys
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 may be necessary,
useful 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 (S500000O),
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 (Sl0000) each, which capital stock
may be increased to the sum of one hundred
thousand dollars (sl0OOO0OO, or fifty thou
sand dollars (S50,0O000) additional, in the
manner provided by law, but this corporation
shall have the power TO create two more
kinds of stock of such classes, with such
designations, preference and voting powers or
restrictions qualifications thereof as it
may see fit Said capital stock shall be fully
paid and worcestershire 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
poration unless made in accordance with its
eI,a G,,i Id H. onl
thereof.
Article V.-No stakeholder may offer for
sale, assign transfer his stock in this cor
poration without giving to the other stock
holders FIVE 90 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 a period of hve (S) days
from the delivery of said notice to the secre-
tary treasurer, after which FIVE 90 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
Cd directors to be elected from among its
stockholders, a majority OF whom either pres.
ent in person or represented by proxy, shall
constitute quorum. The hrst board OF di,
rectors of this corporation shall be composed
of three 90 persons, namely: Albert God.
chaux, whose postoffice address is No. 4
Richmond Place, New Orleans, La; Roberts
c. Milling, whose postoffice address is No.
1853 Nashville avenue, New Orleans, La; Jose
Rosado, whose postoffice address is No. 26l0
Napoleon avenue, New Orleans, La, with
Albert Godchaux as president; Roberts c.
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-frst day of De
cember, 1915, and annually thereafter on DE.
cember thirty-frst in each year, meeting OF
the stockholders of this corporation shall be
held at its domicile for the purpose OF elect
ing directors for the ensuing year: AT SUCH
Der of directors to be elected, and after de,
termining the number, the stockholders shall
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
holders convened for that purpose. All cleo.
tons for directors of this corporation snail
be by ballot, and every stakeholder shall
have the right to vote in person or by proxy
the number of fully paid shares of stock
owned by him, whether the same be standing
in his name on the books of the corporation
nv whether he holds a certificate endorsed IN
blank. provided he acquired the stock in good
faith at least thirty (30) days prior to the
election. At such meetings the stockholders
shall have the right of cumulative voting IN