The herald., 1915-10-28
CHARTER


United States of America, State OF louisiana
Parish of Orleans, City of New Orleans
lie 1t known, that 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 fortieth, before me, Edward
Alexander Parsons, a notary public, in and
Tor the parish of Orleans, State of louisiana
duly commissioned and qualified, and in the
presence OF the witnesses hereinafter named
and undersigned: personally came and APP
peared the persons whose names are here
unto subscribed and who declared that avail
ing themsel Ives of the provisions of the gen.
eral laws OF the state of Louisiana, relative 10
the organization of corporations and espec-
, tally of act 2o7 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 as such other
persons 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 stipula-
tions hereinafter set forth:
Article 1.-The name, style and title of this
corporation shall be Louis G. Carvalho, In
corporated," and under that name it shall
have and enjoy all the rights privileges ad-
vantages, power and authority, conferred by
the Constitution and laws of the State of
Louisiana upon corporations. 1t shall exist
for period of ninety years, unless
otherwise dissolved
y
its corporate name, to contract to sue and
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
ald proper carrying on of said business.
Article 1.-THE domicile of this corpora
ton is hereby declared to be in the city of
New Orleans, State of Louisiana. All cits-
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 1t
hereby declared TO be:
To do general importing and exporting
business, of all kinds of products, goods and
merchandise, either for the account of the
said Louis c. Carvalho, incorporated, or on
commission, brokers, for other persons,
firms corporations; TO act as agent in the
handling of cargoes and for the consignment
OF ships and vessels; to buy sell, hold, own,
chandise and commodities of every nature,
sort, kind and description, both foreign and
domestic; and generally to do and engage in
any business, enterprise or undertaking con-
nected with, growing out of, incidental or
germane to any of the objects and purposes
set forth in contemplated by this charter
and to do any and all things necessary for
the conduct of general importing and ex-
porting and brokerage business of foreign
and domestic merchandise of every sort
Article IV.-The capital stock of this cor
poration is fixed at the of FIVE thousand
(s5,0O000) dollars, divided into and repre-
sented by fifty shares of the par value of
one hundred $4,000 dollars per share Said
stock shall be represented by certificates of
stock, signed by the president and the Sec
retary-treasurer, and in the absence or ina
bility to act of the president, by the vice
president Said stock shall be issued at such
times and in such amounts, for such price
and upon such terms and conditions as the
board of directors may see fit and proper, and
shall be paid for in cash or its equivalent in
property, as the board of directors may decide.
able. Said stock shall be transferable only
on the books of the company and the sur
render or due proof of loss of the original GER
tifcate.
Nc stakeholder shall have the right to sell
or otherwise dispose of his stock in this cor
poration without first offering same TO the
corporation at the book valuation thereof, as
determined by the books of this company
and this corporation is authorized to purchase
said stock at said book valuation for the
benefit of the other stockholders of the cor
poration.
The capital stock may be increased to
twenty-five thousand (S2S,0O00O) dollars.
Article V.-This corporation shall begin
business and be going concern as soon as
one-half of its capital stock shall have been
subscribed and as soon as one-half of the
amount of said subscription has been paid
for.
Article VI.-All the corporate powers of this
corporation shall be vested in and the man.
agement and control of its business and af-
fairs conducted by board of directors, com.
posed of three stockholders, two of whom
shall constitute a quorum; no member OF said
board to own subscribe for less than one
share of stock. Said directors shall be
elected by ballot at a general meeting of the
stockholders on the second Monday of Sep
TENDER, 1916; and annually thereafter on that
day. Every stakeholder shall be entitled, in
person or by proxy, to one vote for every
share of stock owned by him. All elections
"A be held under such rules and regula-
tions as may be determined by said board of
directors. Ten days written notice, directed