The herald. [volume] (New Orleans, La.) 1905-1953, 1915-09-16

agents, directors and officers as its business
interest and convenience may require; to hold
ana vote stock in other corporations TO the
eAtent permitted by law; and generally TO
| eNerClse all the powers necessary or conye-
and purposes
Article 1.-THE objecst and purposes for
! when ms corporation is established and the
| nature OF the business TO be carried on bv II
| Is hereby declared to be: 10 carry on a general
commission business and to buy sell and deal
III as commission merchants merchandise
goods wares, food products and commodities
| OF every sort, kind or description
| Article lll-Citation shall be served upon
.ile president, and in case OF his absence from
| lle Clty' upon the treasurer and assistant sec
| .Sldry, and IN case OF absence of both from
| me city, upon the secretary
] Article lN.-The amount Of caprtal stock
! Nhall be five thousand dollars (s5pOOOO di.
| yIded into fifty $50 shares Of one hundred
| uo''drS 'SNpVD each, which shall be paid for
| IN cash, or may be issued for proprrty ac-ri.
| ally received by the corporation The c,rn,-
| idu"h snail begin business as soon as all Of
us stock IS subscribed, and paid for. The
! capital stock of the corporation may be in
| sand dollars CS5g0,OlQUO.
| Ni'Ie N.-Ihc entire powers OF this cor
| Pordion are vested in and its business shall
| NC conducted 10y, a board OF directors con-
| H,iSHiE 81 three 90 stockholders elected bv
| -g S'"Cha".ders II general meeting 10 be
! heId on the second Monday Of December of
each year. Each share OF stock shall be cr+i.
| l.tI 10 one vote, cast In person or by PROXY
ana majority Of votes cast shall elect The
| BOARD snail elect a president and secretary
| OUT OF Ms number, and treasurer and assist
| ant secretary, who need not be a stnckholIcr
ana may combine any of these Offices and
CONFER Inc same on one person. 4 majority
| OF the board shall constitute o,,,-,,,,I IA
| exercise all the powers Of the board and any
| director may IT any time give his power of
: attorney t. another StoCkhoider or to another
7 ~
r Other person selected by him and in cithc-
case the dlrectr thus represented by proxy
shaI De counted for all purpose, IS II rrr,arr-
any present 1T all meetings Of the board of
directors. A, officers, agents and eulployccS
S'a'i H"ia Once only At the pleasure OF the
board, which shall not have power to elect
employ or appoint for any specified time
Inc board shall have power to make and
i,tE Al pressure all bylaws, rules and reqli-
. iatouS for the conduct Of the conpauy's br,,i.
. ness and also have power 10 select and COM
pcusatc an agent to manage its real estat.
. MAKE leases, pay taxes, attend 10 repairs and
generally 10 manage and control the same bIt
ms shall be entirely discretionary with The
board. Directors and officers shall continue
IN Once until their successors are elected and
quaIihed, and failure to elect directors at any
meeting shai IN no manner affect the cor
poratlon. Vacancies occurring in the hoard
OF directors shall be filled bv the remaining
members Of the board by selection from the
other stockholders
eT, without reference to the Stockholders to
buy and sell real estate at such prices and
on such terms as they see TT, and TO issue
n'hdS' mortgages, notes or other obligations
ior the company and to secure the same bv
mortgage and pledge Of the Companv's pror.
erty' all without referring TO the Stockholders
The first board OF directors shall consist
OF: William H. Mason, whose postoffice
ADDRESS IS Hurley. y. Y; ALBERT Hausstin
whose postoftiCe address is so New Yorl; Ave,
nue., brooklyn, y. Y; 3-Louis Christianson.
whose poStotfice address is Sugar Exchange
New Orleans, La, and they shall serve until
the trSt meeting OF the corporation in De-
cember, 1910 or until their success 5ors are
elected and qualified.
Article Vino notice need be given Of the
annual meeting Of the stockholders, all stock
holders taking notice Of the date of said
meeting from the provisions of the charter
Notices of all other meetings Of stockholders
shall be given by publication in a daily news
paper OF the city OF New Orleans for one week
prior TO the meeting, provided that publica-
ton OF said notice may be waived by the
consent of all stockholders, filed with the
secretary Of the company, and meetings of
stockholders may be held at any time with
Such consent. Meetings may be called by
the president, and must be called by him.
at the request OF any stakeholder. The pur-
pose Tor which the meeting is called shall be
stated IN the call addressed by the presi-
dent to the secretary, and the purpose of
the meeting need not be stated in the ad
vertlsement; Il shall b sufficient to state in
the advertisement that the meeting is calld
for purposes stated in the call on file with
the secretary.
Article What the termination of this
charter, the dissolution of the corpor-
alton, affairs shall be liquidated by COM
missioner or three commissioners elected by
the stockholders, who shall have full power
and authority to sell and dispose of all the
property of the corporation, real or per.
sonal, at public or private sale, and to dis
tribute the proceeds.
At,
may be modified, changed, or altered, and
ITS capital stock increased, or the corpora
ton may be dissolved in a manner. and
upon vote, provided by law.
Article lN-NO stakeholder shall be liable !
for the contracts. faults, debts of the cor
poration in any further than the unpaid
balance due on his stock, shall any in
formallty in organization have the effect OF
rendering this charter null or exposing the
stockholders to any further liability.
In order that this charter may also serve
as the original subscription list the sub
scrblers hereto have set opposite their re-
spectIve names the number of shares of stock
subscribed for by each of them, and their
postotfice addresses. The capital stock OF
this corporation is paid for in cash.
Thus done and passed, in my office in the
city OF New Orleans, in the parish and state
aforesaid, on the day, month and year here
IN hrst above written, in the presence of
Messrs. Harold Rolls and John T. Dahmen, A,
Jr., competent male witnesses, who signed |
hiSSS presents WITH inc SdlQ dppedreTS and |
me, notary, after due reading of the whole. !
Signed: William II. Mason, by Louis |
Christensen, Agt. & Atty in fact, Hurley, |
y. v, "a shares; Albert Hausstin, by Louis |
Christensen, Agt. & Atty. in fact, $40 New i
York Ave, Brooklyn, n. Y, "a shares;
Louis Christianson, Sugar Exchange, ~ o., !
2 shares.
Witnesses: Harold Rolls. John T. Dab.
men, Jr.
CSigneD WATTS X LEvERICH, Not. Pub
|, recorder of mortgages, in and for the /
parish of Orleans, State of Louisiana, do |
hereby certify that the above and foregoing
act of Incorporation of the American Mo |
lasses Co. of La, Inc, was this day duly |
recorded in my office, in book ll57, folio 46S |
New Orleans, August %, 1915
(Signed) EMILE J. LEONARD, by. R.
A true copy.
WATTS X. LEVERICH,
(Revenue stamp Not Pub.
sept 2 10 q 30 oct