The herald., 1915-12-02
THE HER AID
CHARTER
OF LOUIS c. CARVALHO, INC.

Be it known that on this 18th day of the
month of October in the year OF our Lord,
nineteen hundred fifteen and OF the indie
pendence of the United States of America.
the one hundred forteth, before me, Edward
Alexander Parsons, a notary public, IN and
for the parish of Orleans, State Of Louisiana,
duly commissioned and quail led, and IN the
presence Of the witnesses hereinafter named
and undersgned personally came and ap-
peared the persons whose names are here
unto subscribed and who declared that avail
ing themselves OF the provisions OF the gen
eral laws of the state Of LOUISIANA, relative 10
the organization of corporations and espec-
| tally of act 267 Of the General Assembly OF
| the state OF Louisiana, for the year 1914, they
| have covenanted and agreed, and do by these
| presents covenant and agree, bind, form and
/ constitute themselves. as well such other
| persons as may hereafter JOIN or become as.
| ISOLATED with them, into an association and
| body polite in law for the objects and pur-
poses and under the agreements and supula-
| lions hereinafter set forth:
Article 1.-The name, style and title of this
! corporation shall be Louis {. Carvalho In
| corporated," and under that name II shall
| have and enjoy all the rights, privileges, ad'
vantages, power and authority, conferred by
J the Constitution and laws OF the State Of
! Louisiana upon corporations. 1t shall exist
! for a period Of nInety-nlne years, unless
| otherwise dissolved.
1t shall have the power and authority, in
its corporate name, TO contract; TO sue ana
be sued to make and use a corporate seal,
the same to break, alter or amend at pleas
ure; to buy and sell, TO hold, own, lease,
mortgage, hypothecate and pledge property
| real, personal and mixed necessary, incl
dental TO or proper for the carrying on OF its
! business, and to name, elect and appoint
managers, directors and clerks or other en-
plOyees to properly conduct ITS corporate bus.
mess and to make such bylaws, rules and
regulations as may be found necessary or de-
sirabe for the management of this corpora
ton, and generally to do every other act,
matter or thing necessary for the complete
and proper carrying on of said business.
| Article 1.-THE dOmicIle OF tins corpora
ton is hereby declared to be in the city Of
New Orleans State Of Louisiana. All cIta-
ton and other, legal process shall be served
upon the president, and in the absence of the
| president, upon the vice-president and IN the
! absence Of both Of them. upon the secretary
treasurer of the corporation.
Article III.-The objects and purposes for
, which this corporation is organized. and the
nature of the business to be carried on by II
are hereby declared to be:
, To do a general importing and exporting
business, Of all kinds OF products, goods and
1 merchandise, either for the account OF the
said Louis {. Carvalho, Incorporated, or on
, commits sion, brokers, for other persons,
I firms or corporations; TO act agent IN the
r handling OF largoes and for the consignment
= Of ships and vessels; TO buy, sell, hold, own,
\ pledge and dispose OF products, goods, mer-
b. chandise and commodities OF every nature,
e sort, kind and description, both foreign and
e domcstic and generally to do and engage IN
( any business, enterprise undertaking con-
/ neCted with, growing out OF, Incidental OF
germane TO any OF the objects and purposes
[. set forth in or contemplated by this charter
n and to do any and all things necessary fol
= the conduct Of general importing and ex
porting and brokerage business Of foreign
e and domestic merchandise of every sort.
y Article IN.-The capital stock Of this cor
y poration is fixed at the sum OF hve thousand
h (S5,OOOO0 dollars, divided into and repre-
] ft,y CHI Df The n
r one hundred $4,000 dollars per share. SAFE
y stock shall be represented by certificates o
/ stock, signed by the president and the sec
is retary-treasurer, and in the absence or ma
,e biIitv 10 act of the president, by the vice
* president. Said stock shall be issued at sucl
y times and in such amounts, for such pric
and upon such terms and conditions as tn
b. board of directors may Mt and proper, AM
to shall be paid for in cash or its equivalent II
W property, as the board of directors may decide
T, All shares shall be full paid and non assess
E. able. Said stock shall be transferable onl
S on the books of the company and on the sur
render or due proof of loss of the original cer
r. tifcate.
ed or otherwise dispose of his stock in this col
be poration without first offering same to tn
IT. corporation at the book valuation thereof, a
We determined by the books of this compan,
of and this corporation is authorized to purchas
u. SAIL stock at said book valuation for tn
ISL benefit of the other stockholders of the CO..
of The capital stock may be increased
ly twenty-five thousand (s25,OOOOO dollars.
Article V.-This corporation shall begi
he business and be a going concern as soon
in one-haIf of its capital stock shall have bee
TO- subscribed and soon as one-half of II
es, amount of said subscription has been pa
he, for.
Article VI-All the corporate powers of tn
IS; corporation shall be vested in and the ma
S agement and control of its business and a
fairs conducted by board of directors, cor
3D. posed of three stockholders, two OF who
shall constitute quorum; no member of sa
ic board to own or subscribe for less than OF
1T share of stock. Said directors shall
* elected by ballot at general meeting OF u
stockholders on the second Monday OF Sc
of tember, 1916; and annually thereafter on tn
aid dav. Every stakeholder shall be entitled,
person or by proxy, to one vote tor eve
2s5 share of stock owned by him. All electio
by shall be held under such rules and regul
ing tions as may be determined by said board
directors Ten days written notice, direct
100 to the last known address OF every stoc
LOO holder shall be given OF all elections.
100 The directors thus elected shall contin
100 in Office until the second Monday OF septic
ber 1916, or until their successors shall ma
100 been elected and qualified; any failure
. elect officers or directors shall not be cons
BOO cred as a forfeiture of this charter. Any
cancy occurring in the board of directors sh
be filled by the remaining directors tor
300 unexpired term. majority OF the stoC
- holders at a meeting shall constitute q
Said board of directors shall, at It's n
O. 90 meeting after its election, elect out OF
own members a president, vice-presidt
oGO and A secretary treasurer; and said boz
shall have the power in its discretion to un
O 90 two or more officers, the same to confer up
- one person. Said board shall have the pow
600 to appoint and dismiss such officers, agen
,ers clerks and employees as they may deem
ms, visable and to NIX their compensauIIoi'
Said board of directors IS specially ves
per- with the power and authority TO mortgage
.ud- pledge the property, real, personal and mi'
A. of the corporation as they may deem nj
and proper; TO purchase, hold, own, mortga
and pledge lease and dispose OF real estate,
proved and unimproved, city and country;
res: ! execute mortgages, issue notes, bonds
r: s other evidences of debt, and to borrow
p lend money on same to and from individu;
firms and corporations, at such times, lot s.
the prices and upon such terms and conditio
cto- | as thew may deem advisable. This power
buy and sell, mortgage, pledge and dispose
property, real and personal; to borrow
ic lend money, execute mortgages, notes, DO
yes and other evidences of debt, and all pow
;. OF herein granted to said board OF directors
Dove 10 be exercised by them without the neces'
Raw Of referring to the stockholders OF the
iuly poraton for special authorization. =,
. Said board of directors shall make all
R rules regulations and by laws for the
ert,ment control and management OF the D
N. ness and affairs of the corporation,
alter, amend and change the same at pleas