The herald. [volume] (New Orleans, La.) 1905-1953, 1915-07-08

ott' Hoiu' use, MAINTAIN and operate wharyes
| PIERS Sllps, warehouses, grain elevators and
| other buildings for the storing Of fra;abt
gram and any and all other commodities
ior hire or otherwise; to make advances ~,
ao .I upon inc security of such freight, goods
| ana commodities or otherwise; TO issue ceTt;
hcates or receipts either negotiable or non
| negotiable to persons storing goods with The
| company; and generally to do business as a
PuDiic warehouseman under the laws of the
state OF louisiana, OF any other state terri
! tory or country in which it NAV operate and
| to carry on and undertake any business trans.
act,on or operation commonly carried on or
undertaken by warehousemen, and anv busi
| ness which may from time to time be conve.
nIently carried on in connection with the
above and as an incident thereto.
| Section ). To buy, sell, import exnor,
| manufacture and generally deal in tinber ~
| all kinds and descriptions; to manufacture,
| prepare, sell and generally deal in cabinet
| ana other wood; TO build, maintain and oper-
| ate mills, sawmills, flour mills and factories
! to be operated by steam, electricity or other
! power; to produce, manufacture, purchase
! market, export, import and generally deal i'm
| uoDeI' ChlChie gum, tobacco, coffee, fruits,
hemp, grain, live stock and any and all kinds
| OF commodities whatsoever.
| Section d. To acquire by purchase, lease
exchange, or otherwise deal in real estate
| machinery, tools and Instruments either il,
the United States without the United
| states; To acquire, construct and operate sugar
or other Plantations, sugar other refueric>,
| buildings, mills, factories, distilleries papr,
mills, OIL wells and other plants; TO man, cut
uvate and deal in sugar cane, maize. tobacco
or other crops; TO buy. acquire, build DOS
Z scss, rent sell dwelling houses. to Gyv,,
/ lease or otherwise acquire stores and do
general merchandise business. whether whole.
sale or retail, and TO buy and sell every va
rlety OF commodity of any kind or nature
whatsoever; TO carry on the business of man.
uiaCturlug, producing, refining, adapting pre.
pairing, buying, selling and dealing in, and
shipping and transporting, sugar cane sugar
molasses, syrups, melada and all the products
thereof.
Section 5. To locate. build. construct, es-
tabllSh. 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 a view to manufacture, buy
sell, import and export or otherwise deal in,
either directly or indirectly, through the me-
dunn of agents or otherwise, all commodities
of any class, kind description whatsoever.
! Section l. To purchase, acquire, hold, own,
pledge, sell, lease and dispose of and gener-
ally deal in the stocks, bonds 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 otherwi Sc
acquire and hold the same, and acquire and
hold any and all property in trust and act
as trustee or agent.
Section s. 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 eli
| the aforesaid objects tba- NJ
them, or TO facilitate II in the transaction of
its aforesaid business businesses or any
part thereof, or in the transaction of any other
lawful business that may be calculated, di-
rectly 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 as relate to the objects and purposes
hereinbefore set forth may be necessary,
useful or convenient for ettecting said objects
and purposes.
Article IV.-The authorized capital stock of
this corporation is hereby declared to be the
sum of fifty thousand dollars (S50OOOOO),
, which capital stock is TO be divided into and
! represented by five hundred 600 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 (Sl00.O0oOOl, or fifty. thou
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 qualifications thereof as II
. NAV see fit. Said capital stock shall be fully
, paid and worcestershire W -' issued, End
, shall be represented by certificates and shall
+ capital stock shall be binding upon this cor.
porstion unless made in accordance with its
r 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 90 days prior notice of such
intention, which notice shall be given IN
r writing to the secretary-treasurer, and the
r other stockholders shall have the first privi'
. lege of purchasing the said stock at the book
= value thereof for a period of hive (S) days
from the delivery of said notice to the secre.
,tary-treasurer, after which FIVE (S days il
said stockholders do not avail themselves oil
said privilege, said stock may be sold &c
r whomsoever the stockholders may see ft.
: Article VI-The business of this corpora
5 ton shall be managed and all the corporate
5 powers thereof, except as hereinafter stated
{ shall be vested in and exercised by board
E of not less than three 90 nor more than seven
"a directors TO be elected from among its
i stockholders, a majority of whom either pres.
ent in person or represented by proxy, shaiI
! constitute a quorum. The first board of di
r rectors of this corporation shall be composed
E of three 90 persons. namely: Albert God
4 chaux, whose postoffice address is NO.
Richmond Place, New Orleans, La; Roberts
p. C. Milling, whose postofhce address is NO
' | Rosado whose postoffice address is No. 2olt
| Napoleon avenue, New Orleans, la, with
, Albert Godchaux as president; Roberts Z
Milling as vice president, and Jose Rosadc
as northumberland 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 quail
fed.
Article VII-On the thirty-hrst day of De
a cember, 1915, and annually thereafter on De
cember thirty-first in each year, meeting OF
{ the stockholders of this corporation shall b'
: held at its domicile for the purpose OF elect
| ing directors for the ensuing year: AT sucf
n meeting it shall be first determined the mum
4 her of directors to be elected, and alter de
: ternining the number, the stockholders sinai
4 proceed TO make such choice, which board o
: directors when thus elected, shall not be IN
Z creased or diminished except at an annua
\ meeting or at a special meeting OF the STOCK
holders convened for that purpose All esG
tions for directors of this corporation shai
J. be bv ballot, and every stakeholder shai
p have the right to vote in person or by proxy
the number of fully paid shares OF stoci
|, owned by him, whether the same be standing
2 in his name on the books of the corporaticr
/ or whether he holds a certihcate ENDORSED II
|. blank, provided he acquired the stock IN sooc
e faith at least thirty 600 days PRIOR TO th'
. election. At such meetings the stockhoider'
, shall have the right of cumulative voting