The herald., 1915-07-01

) for tba
transportation of merchandise or passenosrs
or Tor towing and lighterage
Secuon 10 locate, build, construct es
o',t Sai purchase, acquire, own, lease, rent
out, hoII' use, maintain and operate vharves
PIERS Sips, warehouses, grain elevators and
other buildings for the storing of fre;sbt
gram and any and all other commodities
tor hire or otherwise; TO make aJ,,noaS -
loans upon the security of such freigbt oooS
ana commodities otherwise; to issue eeTti.
| hCates or receipts either negotiable or ror
n olSn 10 persons storing goods with the
company; and generally to do business .s =
publc warehouseman under the laws Of The
state OF Louisiana, any other state. terri
! tory or country in which it NAV operate and
oo, AIRY on ana undertake any business trans
| action or operation commonly carried on or
undertaken by warehousemen, and any busi-
| ness which may from time to time be conve
niently carried on in connection with the
| above and as an incident thereto
| Section g. To buy, sell, import. exnor+
manufacture and generally deal in timber OF
| all kinds and descriptions TO manufacture
prepare, sell and generally deal in cabinet
and other wood; to build, maintain and oner.
| ate mills, sawmills, flour mills and factories
| 10 De operated by steam, electricity or Other
power; to produce, manufacture, purchase
| market, export, import and generally deal in
rubber, chichle gum, tobacco, coffee. fruits
| hemp, gram, live stock and any and all kinds
Of commodities whatsoever
Section 4. To 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 or without the United
ntatesi 10 acquire construct and operate sugar
or other plantations, sugar or other refneric>
| buildings, mills, factories, distilleries pap-,
miIIs, OIL wells and other plants; TO plant ctI
uVate and deal IN sugar cane, maize, tobacco
or other crops; TO buy. acquire, build nos
sess, rent or sell dwelling houses: to ow,
lease or otherwise acquire stores and do a
general merchandise business, whether whole
sale or retail, and to buy and sell every va
nj of l..
whatsoever; to carry on the business of man
utacturing, producing, refining, adapting pre-
parIng buying, selling and dealing in and
shipping and transporting, sugar cane sugar
moiasses, syrups, melada and all the products
thereof
Section 5. To locate build. construct, es.
tabilsh purchase, acquire, own, lease, rent
out, hold, use and maintain and operate rail-
roads, whether steam or electric. tram or
standard gauge, for the purpose of carrying
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 mandatory or manufactures and work
shops with suitable plant, engines and ma
chinery, with view to manufacture, buy,
sell, import and export 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 Z; 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 urm, association,
individual 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 agent.
Section 8. To carry on any other business
which under the law it may be entitled TO
carry on, which may seem to the corporation
to be calculated. directly or indirectly. to eff
! rectuate the aforesaid objects or either OF
them, or to facilitate it in the transaction of
its aforesaid business or businesses any
part thereof, or in the transaction of any other
lawful business that may be calculated, di-
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 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 (S50OO0.OO).
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 or nifty tnou-
sand dollars (S5OOOO.OO) 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
. designations, preference and voting powers or
restrictions or qualifications thereof as il
NAV see fit. Said capital stock shall be fully
, paid and worcestershire when issued, and
! shall be represented by certificates and shall
! capital stock shall be binding upon this cor
, poration unless made in accordance with its
+ charter and bylaws and recorded on the books
r thereof.
. Article V.-No stakeholder may offer for
, sale, assign or transfer his stock in this cor
poration without giving TO the other stock
holders FIVE (S) days prior notice of such
{ intention, which notice shall be given in
r other stockholders shall have the first privi-
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,
itary-treasurer, after which five 90 days il
/ said stockholders do not avail themselves OF
said privilege, said stock may be sold to
whomsoever the stockholders may see mt.
Article VI-The business of this corpora
5 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 CD nor more than seven
% directors to be elected from among its
i stockholders, a majority of whom either pres.
ent in person or represented by proxy, shai
/ constitute a quorum. The hrst board OF al
ri
: of three 90 persons, namely: Albert God
/ chaux, whose postofice address is No.
Richmond Place, New Orleans, La; Robert.
C Milling. whose postoffce address IS NO
l46S Nashville avenue, New Orleans, La; Jose
Rosado whose postofice address is No. 2olC
. Napoleon avenue, New Orleans, La, with
; Albert Godchaux as president; Roberts {
: Milling as vice president and Jose Rosadc
: as secretary-treasurer. Said board OF director:
shall serve until the first annual meeting OF
stockholders for the election of directors, OF
until their successors are elected and quaii
: fed.
. Article VII.-On the thirty first day OF De
4 cember 1915, and annually thereafter on De
: | cember thirty-first in each year, meeting o.
6 the stockholders of this corporation shall be
held at its domicile for the purpose OF elect
ing directors for the ensuing year: AT sucf
, meeting it shall be first determined the mum
, Der of directors to be elected, and after de
termining the number, the stockholders snal
1 proceed to make such choice, which board o.
directors, when thus elected, shall not De IN
: creased or diminished except at an annua
meeting or at a special meeting OF the stock
holders convened for that purpose. All elee
tious for directors of this corporation snai
: be by ballot and every stakeholder sinai
have the right to vote in person or by proxy
the number of fully paid shares OF stoci
J. owned by him, whether the same be standinl
e in his name on the books OF the corporation
/ or whether he holds a certificate endorsed II
. blank provided he acquired the stock IN goo
e faith at least thirty GOD days PRIOR TO I'M
: | A. meetings the StOCkn0lQer