The herald., 1915-11-04
CHARTER
OF WABASH WAREHOUSE, INCORPO-
RATED.
United States Of America, State Of Louisiana
Parish of Orleans.

United States Of America. State of Louisiana,
Parish of Orleans.
BE it known that this 10Th day OF the
month OF October, IN the year OF our Lord,
one thousand nine hundred and fifteen, before
me, Philip Geusltr, JT.. notary public, duly
commits stoned and qualified IN and for the
parish OF Orleans, State Of louisiana, therein
residing and in the presence OF the witnesses
hereinafter named and undersigned, person
ally came and appeared the several persons
whose names hercunto subscribed, who
scverally declared that awaiting themselves OF
the laws OF the State of Louisiana IN such
cases made and provided and more parucu-
lary OF Act 2o7 OF the General Assembly OF
the State OF Louisiana OF 1914, relating to the
creation, organization and formation OF cor,
porations, they have COvenanted and agreed
and by these presents covenant and agree and
bind themselves, well as all such other per
sons a. may hereafter become associated with
them, to form corporation for the objects
and purposes under the articles and supula-
lions following, to-wit:
Article THE name and title Of this cor
poration shall be Wabash Warehouse, lncOr-
porated. and under its corporate name 1t shall
have power and authority TO have and to
enjoy corporate existence for a period OF nine
ty-nine years from date hereof unless sooner
dissolved by liquidation or otherwise; shall
have power to contract, to sue and be sued
to make and corporate seal and to alter
and break same at pleasure, to hold, receive,
lease purchase, transfer, assign, convey, mort
gage, hypothecate, pledge or otherwise receive
or dispose of property real, personal or mixed,
cOrporeal and incOrporeaL. To issue bonds ahd
If desired secure the same by mortgage, Ouy
and hold stock in other companies incident
to the objects and purposes to the expan-
sion of the business interests of the corpora
ton; to name, elect and appoint such mama
gers, agents, directors officers as its bust
ness interests may require, and to make and
establish, alter and amend its by laws, rules
and regulations for its proper government as
may be deemed necessary and proper, and
generally to do any and all things incident
to or necessary and proper for the extension
of the business in which the corporation is
engaged.
Article I.-Ths corporation shall be do
miciled at the city of New Orleans in the
State of Louisiana, and all citation or other
legal process shall be served upon the presi-
dent Of the corporation and IN the event OF
his absence, upon the secretary or treasurer.
Article III.-The objects and purposes for
which this corporation Is created and the ma
ture of the business to be carried on by IT,
are declared TO be as follows: to conduct a
warehouse business; to receive, store, re-
move, pack, hold or otherwise deal with or
handle articles, as warehouscmen; to keep
and maintain storage and deposit depart
ments for such purposes; 10 lease, own and
operate a warehouse or warehouses; to issue
warehouse receipts, negotiable or non-nego-
table, covering property stored; to mortgage
purposes OF its business and in general to
carry on the business Of a public warehouse
man and to do everything necessary and prop
er and incidental thereto
Article IV-The capital stock Of this cor
poration is hereby fixed at the sum OF SlO-
OOOOO and shall be divided into and represent.
ed bv one hundred shares OF the par value Of
$1,000 each Said stock shall be paid for in
cash or its equivalent as provided by law and
in such manner and at such time and in such
nstallments as may be prescribed by the
board Of directors.
This corporation shall become a going con-
Germ and shall be authorized to commence bus
mess as soon as $4,000 Of its capital stock
shall have been paid for either in cash or ITS
equivalent as provided by law, and all OF
said 100000 Of capital stock has IN fact
been subscribed for al the time OF the passing
of this act Of Incorporation, and IS to be paid
for in cash or its equivalent as IN accordance
with the laws OF the state of Louisiana, a de-
scription and value of the property given IN
exchange for the stock being hereto attached
as in accordance with the provisions Of Act
267 Of the session Of the General Assembly Of
Louisiana for the year 1914.
Article V-The capital stock OF this cor.
poration may be increased TO the sum OF
S25,OO00O by a vote OF two-thlrds OF an OF the
stock at a special meeting called for that
purpose or at a regular annual meeting OF the
Article VI.-The stock Of this corporation
can be transferred only on the books OF the
corporation and subject to such regulations
and formalities as may be by the board OF
directors from time 10 time prescribed. No
stakeholder shall be permitted 10 sell or
otherwise dispose of his stock without first
offering the same in writing 20 tne other
stockholders, through the board Of directors
at a price not exceeding the book value there
Of and said stockholders shall have an op-
ton and first right to purchase all the share,
Of stock to be thus disposed Of by sale, death
resignation or otherwise Of any Of the stock
holders and shall have a period Of ten days
in which to accept or decline said Offer should
the board of directors or the stockholders de
cline 10 purchase said stock, then the stockhold,
er Cor stockholders who made the offer to sell
or otherwise dispose Of the stock, may do
90 in any manner and at any price he may
see fit; but each share of stock IS issued here.
in upon the condition and understanding that
no stockhoder shall make sale or transfer
his stock in violation thereof, and SUCH sale
or transfer. if made, shall be void, and this
company shall be under no obligation to list
said stock on its books or to regard the holder
of the certificate thereof. -.
Article VII.-The corporate powers OF this
corporation shall be vested in and exercised