The herald., 1915-11-18
CHARTER
OF WABASH WAREHOUSE, INCORPO-
RATED.

United States Of America, State of Louisiana,
Parish of Orleans.
Be it known that on this 10Th day OF the
month OF October, in the year of our Lord,
one thousand nine hundred and fifteen, before
me, Philip Gensler, lr., notary public, duly
commissioned and qualified IN and tor the
parish of Orleans, State Of Louisiana, therein
residing and in the presence OF the witnesses
hereinafter named and undeTsl gued, person
ally came and appeared the several persons
whose names are hereunto subscribed, who
seyerally declared that avaIling themselves oil
the laws OF the State of Louisiana IN such
cases made and provided and more particu.
Iarlv of Act 267 of the General Assembly OF
the State of Louisiana of 1914, relating to the
creation, organization and formation OF cor,
porations, they have covenanted and agreed
and by these presents covenant ana agree ana
bind themselves, as well as all such other per
sons as may hereafter become associated with
them to form a corporation for the objects
and purposes under the articles and stipula-
lions following, to-wt:
Article 1.-The name and title OF this cor
poration shall be Wabash Warehouse, lncor.
porated, and under its corporate name 1t snail
have power and authority to have and to
enjoy corporate existence for period OF nine
ty-nine years from date hereof; unless sooner
dissolved by liquidation or otherwise; snail
have power to contract, to sue ana De sued
10 make and use a corporate seal and 10 after
and break same at pleasure, to hold, receive,
lease purchase, transfer, assign, convey, mort
gage, hypOthecate, pledge or otherwise receive
or dispose of property real, personal or mixed,
corporcal and incorpOTeal To issue bonds and
Il desired secure the same by mortgage, buy
and hold stock in other companies incident
to the objects and purposes or TO the eSpah-
sion of the business interests OF the corpora
ton; TO name, elect and appoint such mama
gers agents. directors officers as ITS buSi-
ness interests may require, and to make and
establish, alter and amend its by laws, rules
and regulations for its proper government as
NAV be deemed necessary and proper, ana
generally to do any and all Things incident
to or necessary and proper for the extension
of the business in which the corporation IS
engaged.
Article II.-This corporation shall be do
miciled at the city Of New Orleans IN the
State of Louisiana, and all citation or other
legal process shall be served upon the presi,
dent of the corporation and in the event OF
his absence upon the secretary or treasurer.
Article III.-The objects and purposes for
which this corporation is created and the ma
ture of the business to be carried on by IT,
are declared to be as follows: TO conduct
warehouse business; TO receive, store, re-
move, pack, hold or otherwise deal with or
handle articles, as warehousemen; to keep
and maintain storage and deposit depart:
ments for such purposes; TO lease, own and
operate a warehouse or warehouses; 10 issue
warehouse receipts, negotiable or non neso-
or pledge property real or personal, Tor the
purposes Of its business and IN general TO
carry on the business OF public warehouse
man and to do everything necessary and prop
er and incidental thereto.
Article IV.-The capital stock of this
poration is hereby fixed at the sum OF SlO.-
oOO 90 and shall be divided into and represent
ed by one hundred shares Of the par value OF
$1,000 each. Said stock shall be paid for IN
cash or its equivalent as provided by law ana
in such manner and at such time and IN sueh
installments as may be prescribed by the
board of directors.
This corporation shall become going con-
Germ and shall be authorized to commence bus
mess as soon as $4,000 of its capital STOCK
shall have been paid for either IN cash or IT'S
equivalent as provided by law, ana all OF
said 100000 Of capital stock has in fact
been subscribed for at the time OF the passing
of this act Of Incorporation, and IS to be paid
for in cash its equivalent as IN accordance
with the laws of the state OF Louisiana, de-
scription and value of the property given IN
exchange for the stock being hereto attached
as in accordance with the provisions OF Act
267 of the session Of the General Assembly OF
Louisiana for the year 1914.
Article V.-The capital stock OF this cor.
poration may be increased to the sum OF
SIS 10000 by a vote Of two-thirds Of all of the
stock at a special meeting called Tor that
purpose or at a regular annual meeting Of the
Article Willie stock OF TINS corporation
can be transferred only on the books OF the
corporation and subject to such regulations
and formalities as may be by the board OF
directors from time to time prescribed. NO
stockholder shall be permitted 70 sell or
otherwise dispose of his stock without hrst
Offering the same in writing 10 the otner
through the board of directors
at a price not exceeding the book value there
OF. and said stockholders shall have an op-
ton and first right TO purchase all the shares
of stock to be thus disposed Of by sale, DEATH
resignation or otherwise Of any OF the stock
holders and shall have a period OF ten days
in which to accept or decline said offer Should
the board OF directors or the stockholders de-
cline to purchase said stock, then the stockhold;
er (or stockholders who made the offer to sell
or otherwise dispose of the stock, may do
so in any manner and at any price he may
see fit; but each share of stock is issued here
in upon the condition and understanding that
no stockholder shall make sale or transfer
his stock in violation thereof, and such sale
or transfer, if made, shall be void, and this
company shall be under no obligation to list
said stock on its books or to regard the holder
of the certificate thereof.
Article VII.-The corporate powers OF this
eorno,.,ion shall be vested in and exercises