The herald. [volume] (New Orleans, La.) 1905-1953, 1915-01-21
CHAR
OF GULF STATES WAREHOUSE COM
PANN, INC

CHARTER
OF GULF STATES WAREHOUSE COM
PANG. INC.
United States Of America, State OF Louisiana. |
Parish Of Orleans. City of New Orleans
Be 1t known. That on this Fourteenth day
OF the month of December, IN the year Of Our
Lord One thousand Nine Hundred and Four
teen and oil the Independence OF the United
states Of America the one hundred aud lhlr- !
ty-Nlnth, Before me, Lawrence NJ laulu. a |
Notary Public. daily commissioned and quail |
tied, II aud for this city and the Parish OF
Orleans, therein residing. and IN the presence
OF the witnesses hereinafter named and under
signed, personally came and appeared rhc ssy-
Cral persons hereinafter named and under
signed, all of whom are OF the full age OF ma.
lOrty and residents OF tins city. who declared
thar, avlilluC themselves of the provisions
Dt the laws and Of the constitution o. the
State OF Louisiana and relative TO the organ
ration Of corporations, they have contracted
and agreed, and do by these presents contract
and agree and bind and ohhga,c themselves
As well a. such other persons as may hereafter
become associated with them go form and CON
stitutc corporation and body polite IN Law
FOR the objects and purposes mad under the
conditions and agreements following wiz
Article The name and title OF this cor
pOratIon shall be Gull States Warehouse Com
pany, Inc and under ITS said corporate
name It shall have power and authority to
have and enjoy corporate existence and success
SION Tor the full term and period Of ninety
nine (yY) years from and after the date here
OF; and It shall have all the powers and imuu-
mites conferred by law on similar corporations
including the power to contract, sue and bc
sued; to make and use a corporate seal, and
the same 10 break and alter at pleasure; %
hold, receive, lease, purchase and convey, as
well mortgage and hyPOJhccatc property.
real, personal. and mixed COIpUrcal and In
COrporeal; to borrow money and to make and
issue bonds, notes, and other evidences OF
debt, and to secure same by mortgage, pledge,
or otherwise; to name and appoint such man
ayers, agents, directors and officers its
business, interests and convenience may re-
| quire, and to make and establish, as we'll as
alter and amend abolish from time TO
time, such bylaws, rules and regulations for
| the proper government Of the affairs OF said
| corporation as may be necessary or proper.
| Article 1.-THE domicile OF said CORPORA
| ton shall be in the city OF New Orleans. state
| of Louisiana, and all citations or other legal
| process shall be served upon the President OF
SAID corporation, or IN the event OF his alb,
| SenCe, upon the Vice President thereof, and
| in the absence of both OF said officers upon
| the Secretary Treasurer of said corporation.
Article IlI.-The objects and purposes for
| which this corporation Is established and the
| general nature and character OF the business
| TO be carried on by II IS hereby declared %
be: to purchase, own, rent, lease, manage
| maintain, operate, and conduct public ware.
| houses of every kind and character, Tor the
| storage OF goods, wares, and merchandise OF
| all kinds TO issue negotiable and non-negoti
able warehouse receipts OF all kinds; 10 do .
| general public warehouse business in all Of its
| stated purposes to purchase, lease, hold, own
| sell, or rent property, both movable and i'm
| movable, and genarally TO do all things con
ncCted with, growing out of, or incidental OF
pertinent to such public warehouse business
| Article lN.-Ihe authorized capital stock OF
| this corporation is hereby fixed at the sum OF
| ten thousand (Sl0,mOOO dollars, divided into
| and represented by one hundred (lOO) share,
| OF the par value of one hundred $4,000 dol
| lars each The capital stock OF this cor
poratIon may be increased to the sum OF
twenty-five thousand CS25,OOO0O) dollars. SaiC
| stock shall be paid for in cash in such in
| stallments, and at such time, and after suct
notice to subscribers the board OF direc
| tors may fix, or same may be issued at no
less than par for labor done services rem
dered for said corporation, or for property o.
rights actually received by said corporation
All shares OF stock shall be full paid anC
worcestershire and all certificates of stool
shall he signed by the president and secre
tary OF said corporation. The corporation
shall be going concern as soon as six thou
sand (S6,0000O) dollars of capital stock ha
been subscribed and paid for.
All transfers of the capital stock OF thi
| corporation shall be made and entered upoi
the stock book of the corporation and no trans
fers shall be in any manner binding upoi
this corporation unless and until so entered
| No sale OF stock OF this corporation shall b.
valid unless first offered in writing for.
period of fifteen G5) days 10 the stockhold
! ers through the board of directors. Upon tn
failure of the stockholders to avail themselve
of such purchase, notation of the fact shall
be made by the president upon such stoc
certificate certificates of its or their havin
previously been rendered in accordance here
with, and thereafter said stock may be sol
without further restriction. Succeeding pur
chasers thereof, shall, however, be require
, to offer the same TO the stockholders for tn
and all stock acquired in this corporation
shall be subject to the provisions of this char
ter.
Article V.-All the corporate powers of thi
i i. II
; by a board of directors composed of three g
{ stockholders, a majority OF whom shall con
stitute a quorum for the transaction of al
business, and majority OF those presen
, shall decide all questions.
. Said directors shall be elected at a genera
; meeting of the stockholders of this corpora
|; ton, to be held on the first Monday in Feb
ruary of each year, unless said day shall b
, legal holiday in which event said election
shall be held on the next succeeding bushes
day. Notice of said election shall be give
, to each stakeholder in writing enclosed in
post paid wrapper deposited in the post ofhc
| at New Orleans at least fifteen QO days be
fore the date of said meeting and addresse
, TO the last address furnished to the compan
, by said stakeholder, and in the event no I'D
dress be furnished then addressed simpl
New Orleans, La"
Il The board of directors shall at its first meet
ing on the first Monday in February, lel!
and annually thereafter, elect from anon
its number president, Wce-presldent, and
L
: among the directors of this corporation b
death, resignation, otherwise, shall b
filled by election for the uneXpired term b
: the remaining directors from among the stock
holders of this corporation.
The first election of directors shall be he'll
at the annual meeting of the stockholders o
: the first Monday in February, 1915, unit
: which time or until their successors shal
= have been elected and duly qualified, tn
n following stockholders shall constitute tn
first Pbard Of directors: William J. LEnglt
/, 5SS Walnut ST., New Orleans, La; George /
Mason, I470 Arabella ST., New Orleans, La.
y Edward Wood, 5000 Pitt St, New Orleans, La
with the said William ]. L'Engle as pres
t dent, the said George F. Mason as vice-pres
I dent, and the said Edward Wood as secretary
i treasurer.
The failure from any cause to elect officer
e or directors on the day stipulated shall NJ
! dissolve this corporation, but the officers an
e directors then in office shall hold over unit
their successors shall have been elected an
qualified.
: At all elections and meetings of stockholt
, | ers of this corporation, each stakeholder sha
| be entitled to one % vote for each share
= stock owned by him and registered in h
!, name, and may vote in person or by write
Y proxy, and except as provided by law, m