The herald. [volume] (New Orleans, La.) 1905-1953, 1915-09-30
CHARTER

America, the one hundred and fortieth. bctor
me, Watts X. LeveriCh. notary public duI,
commissioned and qualified in and for tn
city OF New Orleans and the parish OF OR
leans, therein residing and in the prescrc,
OF the witnesses hereinafter named and under
signd, personally came and appeared the per
sons whose names are hereunto subscribed
VINO declared that, awaiting themselves Of IN,
provisions OF the general laws Of this state
relative 10 the organization of corporations
they have Covcnautcd and agreed, and do by
these presents covenant and agree, bind. form
ana constitute themselves, as we'll a. such
other persons may hereafter Join or become
associated with them, into an association and
body polite IN law for the objects and pur.
poses and under the agreements and stIpllla.
tons following, tO-wit:
Article 1.-The name Of this corporation
shall be the Leverch Cram Company Inc
under which name II shall exist for a period
oil nlnety-nlne lFJ years from the date of tins
act, and shall have and enjoy all the power
and authority conferred by the constitution
and laws Of the state Of Louisiana upon cor
poTations formed Ior the purpose OF engaging
m the business hereinafter stated, as well a.
the power TO purchase, sell, mortgage and
pledge property, movable and immovable, for
ness.
Article 1.-THE domicile Of this corporation
shall be IN the city Of New Orleans, parish
of Orleans, State OF Louisiana All citations
and other legal process and notices shall be
| served on the president oi the company. and
! and
his absence, on the secretary, and in hi, alb
| SenCe, on the treasurer
Article lII.-The capital stock Of this COM
pany shall he ten thousand CSlOOOOOW dol
lars, divided into one hundred 400 shares
| OF the par value OF one hundred $4,000 dol
| lars each, and to be fully paid for in cash or
ITS equivalent IN property The certificates Of
shares OF stock shall be signed by the presi-
dent and by the secretary, or in the absence
or inability To act Of the president, by the
vice president, and in the absence or inability
TO act Of the secretary, by some officer desig
mated in his place by the board of directors
SAID stock shall be transferable only on the
! books OF the company and on the surrender
| Or due proof Of loss OF the original certificate
/ The capital stock may be increased to one
hundred thousand t$lOOO0.OO dollars.
| Article lN.-lhe purposes Of the corporation
| and the nature of the business intended to be
| carried on by II declared to be: to carry
| on general domestic, export and import busI-
| mess IN grain, grain products, hay cotton seed
! products, merchandise, goods, wares, food pro-
/ ducts and commodities OF every sort, kind
/ or description; 10 buy and sell said articles,
! either for its own account on commission;
| 10 act agent in the handling OF same and
] for the consignment OF vessels; and generally
! 70 do all things that may be required in or
convenient for aCcompl shing the purposes
herein above set forth, and to make all con-
tracts requisite or eXpedient TO the accom-
plIshment OF said purposes, and to do and per
form all acts incidental and necessary to
carry out the objects and purposes herein de
cared
Article V.-All powers of this corporation
shall be vested in and exercised by a board
Of not less than three or more than di
rectoTs, each OF whom shall own at least one
share of the capital stock, which board of
directors shall be elected by the StoCkhold-
ers at a general meeting to be held on the
first Monday OF July of each year. The board
shall elect out of its number a president, a
vice president, a secretary and a treasurer,
and may combine any of these Offices and con.
fer the same on one person. a majority of
the board shall constitute a quorum and eX-
ercise all the powers of the board and any
director may at any time give his power of
attorney to another person selected by him,
and in either case the director thus represent
ed by proxy shall be counted for all purposes
as If personally present at all meetings Of the
board of directors.
The board shall have cover to make and
alter at pleasure all bylaws, rules and regu-
latons for the conduct of the company's bus |
mess. Directors and officers shall continue in |
office until their successors are elected and
qualified, and failure to elect directors at any
meeting shall in no manner affect the corpor |
alton. Vacancies occurring in the board of
directors shall be filled by the remaining |
members of the board by selection from the |
other stockholders.
Until the next general meeting to be held |
under this charter, viz, the first Monday |
of July, 1916 the board OF directors OF this |
company shall be composed of Henry Lever |
ich, 1923 Josephine street, New Orleans, La. |
John Fennelly, 500 Warwick Boulevard, Kan
sas City, Mo; and y. <. Carpenter, 6O2l |
Brookside Boulevard, Kansas City, No, with |
Henry Leverich as president and treasurer
John Fennelly as vice-president, and y. f. |
Carpenter as secretary.
Failure TO hold the annual meeting shall not |
dissolve the corporation, but the meeting shall |
be held soon as possible after the regular
date.
Article VI.-This act of incorporation may
be changed, modified altered this cor
poration may be dissolved with the assent of
two-thirds of the stock present or represented
at meeting convened for that purpose ten
days after due advertisement in one of the
daily papers of this city, and after written no
tice mailed to each stakeholder at his last
known pOstofice address.
. Article Vino stakeholder shall ever be
held liable responsible for the contracts
or faults OF said corporation in any further
sum than the unpaid balance due the
shares of stock owned by him; nor shall any
mere informality in organization have the eff
feet OF rendering this charter null exposing
a stakeholder to any liability beyond the
amount of his unpaid stock, shall any in
formality irregularity in organization ever
have the effect of rendering any stakeholder
liable as a partner.
Article VIII.-Whenever this corporation is
dissolved either by limitation of time by
the determination of the stockholders, its
affairs shall be liquidated under the super
vision of two liquidators to be appointed for
that purpose at a general meeting of the
stockholders convened after ten days notice,
shall be sent by mail to the addresses of all
the stockholders whose addresses shall be
known to who shall have left their ad-
dresses with the secretary and shall be pub
ished for ten days in one of the daily news
papers published in this city.
At such meeting to consider the liquidation {
Of the corporation, the result shall be deter
mined by the consent of two-thrds of the
stock present or represented at such meeting. ,
In case of the death or inability to act of {
,ne of the liquidators the survivor shall act {
alone.
Thus done and passed in my Office in the I
,ity of New Orleans, the day, month and r
-ear hereinabove first written in the presence Z
# ST. John Perret and John T. Dalmen, Jr.,
competent witnesses, who hereunto sign their {
names with said appearers and me, notary, a
lfter due reading of the whole. 4
Signed: III. Leverich, - shares, 1923 Jo- h
ephine ST., New Orleans, La; John Fennelly, '
% shares, 5000 Warwick Blvd, Kansas City, i
No., by II. Leverich, Agt. and Atty, in fact 4; r
Y F. Carpenter, l share. 6O2l Brookside Blvd, o
Kansas City, Mo, by II. Leverich, Agt. and a
Atty. in fact. .
Attest: St. John Perret. John T. Dalmen,
Signed WATTS X LEVERICH, Not. Pub d
/, recorder of mortgages in and for the {
'arish of Orleans. State of Louisiana, do r
ereby certify that the above and foregoing v
ct of Incorporation of the Leverich Grain {
company. Inc, was this day duly recorded t
n my office in book ll5, folio S54.
New Orleans, September II, 1915. h
(SignedD EMILE J. LEONARD, Dep. Clerk f
tate of Louisiana: &
/, Watts X. Leverich, notary public, duly t
arish of Orleans, State of Louisiana, therein q
that he foreUoiuO IL