The herald. [volume] (New Orleans, La.) 1905-1953, 1915-06-24
CHARTER
OF THE RAILWAY EQUIPMENT &
SUPPLY CO., INC.

OF THE RAILWAY EQUIPMENT &
SUPPLY CO., INC.
June !, 1915.
| United States of America, State of Louisian
| Parish of Orleans, City of New Orlean
| BE II known, that the first day of Il
month of June, in the year of our Lord OF
| thousand nine hundred and fifteen and of Il
| independence of the United States of Anne
Ica, the one hundred and thirty ninth, befo
me, Peter Stiff, notary public, duly con
| mlSsloned and qualified IN and for the pa
iSh and state aforesaid, therein residing an
| IN the presence of the witnesses hereinaft,
named and undersigned, personally came an
| appeared, the persons whose names are her,
| unto subscribed, all of full age of maiorit
| and residents of this city, who severally d,
ciared, that availing themselves of the prov
| sions OF the act of the legislature of tn
state, known as act 267 of the sessions act
| OF 1914, they do by these presents coyenar
and agree and bind themselves, as well a
such other persons as may become hereaftt
associated with them, in order to form an
constitute a corporation or body polite i
law Tor the objects and purposes, and unde
the stlpulations following to-wit:
Article 1.-The name and title of this col
poration shall be THE Railway Euuipmer
Supply Co., Inc" and it shall have an
ENJOY succession and existence for a perio
on SI hity years from date hereof; 1t shal
nave, enjoy and possess all the powers
rights, privileges and immunities accorded I
corporations under the Jaws of this STAFF
and particularly under act 267 of 1914 re
ferred to-
Article 1.-THE domicile of this corno-a,;o
shall be in the city of New Orleans. stat
OF Louisiana, where all citations and othe
legal process shall be served upon the presi
dent and IN his absence, upon the vice-presi
uehl ana IN the absence OF the vice-presiden
upon the secretary-treasurer.
Article llI.-The purposes and objects 70
Whlch thiS corporation is organized are hereb,
declared TO be: to do a general lumber anc
manufacturing business; to own, lease an,
operate saw and shingle mills; to lease. con
s.ruct or otherwise acquire railroads or log
glng roads for the transportation of its rau
ana manufactured products, or contract fo-
and construct railroads, levees canals anC
bridges or other similar works for others
to own, lease and operate steamboats,. tow
boats and barge lines for the purposes of IFS
business; to buy and sell lands, logs. ties
timber, pliing. slaves. lumber and ali lumbe,
products, and to operate lumber yards; &c
conduct commissaries in connection with ;ts
business; to handle railway and railroad
equipment and supplies; and generally 10 do
ana perform any and all things necessary
conferred. S'e'
Article IV.-The capital stock of this oo-.
poration is hereby declared to be the sum
OF ten thousand dollars, divided into one
hundred shares of the par value of one hun.
dred dollars each, and this corporation shall
anu 20 lnIO business and he
come going concern when one hundred
shares of its capital stock shall have been
subscribed and paid for, to-wit:
AT the execution of those presents, and in
the manner following, to-wit: 80
One hundred dollars paid by 7 Otbo E,rs-
IN once furniture presently transferred. sur.
rendered and given by him in full payment
Tor one share, and which Office furniture is
New Orleans 'uins'
p One hundred dollars paid by Edward w
Rogers IN Office furniture presently trans
Ierred, surrendered and given by him in frII
payment for one share and which Office fur
T Ridg Is now now at Room so4, Title Guarantee
Ninety-eight hundred dollars paid bv Mon.
.lgue l.. Bonneval in merchandise presently
transferred, surrendered and given in nav.
.h oy INN IN full payment for ninety-eight
Inc merchandise hereinabove referred 70
consists OF contracts owned by said M. I.
6onnevai and entered into BY him with
Ira e, Isle Railroad for the delivery of TWEEN.
Southern Pacific Railroad for two bnnd. .ng
,,Iousand cypress cross ties and with tbe
Illinois Central Railroad for two burdrad
ING nifty thousand cypress cross ties: ali Of
S S! contracts are well worth the sum of
cnety-eight hundred dollars and which con.
racts the said NJ. L. Bonneval hereby .s.
'lgns and transfers to this Corporation IN ns,,
nent OF his said ninety-eight shares OF stoc,,
mounting to ninety-eight hundred dollars
~ ,s wn, 81. valuation this corporation here.
.AItiele V.-No trasfer of stock shall n.
'lnuing upon this corporation unless same
ppears on the books thereof, and no stort-
rnosi.- Snanl nave the right to assign or
mess he shall have first offered same -
'rihng, to the board of directors. which e. Ii
ave the right to purchase same within tsr
70 The e.:d at the ,aiuation determined
rovided, that in case of dissatisfac,;on as =.
RICE that issue shall be arbitrated in ,ho
tanner provided by law in matters of an;
aoie compounders, and their decision shall
All shares of stock so acquired nv n. -.
ar value. nut iess tnan
Article yI.-The charter OF this oo-,o-.
';rds may az be be amended by the vote of two.
ockholders, duly called for that n,' VI .ne
le capital stock may be increased or 4
eased by the vote Of three.fourths ~ a, ;..
ok. 1ek; at meeting of the stockholders duIS
III LOT .nat purpose. zach share of stock
cast by the stakeholder or bv his ana,
PloSy, Wnicn proxy or agency NAV he ey;'
need by letter or other written doc,,rer,
Arncie Vlli.-Ihe corporate powers of this
rectors to be composed of NOT less OF
rec nor more than Ave directors 20 a.
ected by the stockholders at a gener,l 80
10 De held on the second Tuesday of L..
eacn year. No stakeholder of this coy yune
'on snaiI De eligible as a director. unless
.dns5 IN ms own name full paid and mn.
,cf Of this 'e eor,o one share of the capital
NJ ViiI-Ihe board Of directors shall
We power to make all bylaws. miles aaI
suIatlons necessary for the conduct ~ .h
s.hess AFFAIRS of said corporations. sb.II
=: rom their number a president. VIC.
,t;ei ana a secretary-treasurer.
~. line said corporation shall bav.
~. 70 sue and be sued in its corporate
me, to make and use a common s.ap ola.s
n zane at pleasure, to acquire propertv
= anu personal, by grant, gift. purcbas,'
70 ueVise or bequeath, to lease boId -
poSe OF and to mortgage and pledge ~.
- ana 70 appoint such officers and agents =
- ~. business OF the corporation NAV re-. v
laws, liking or altering the msns.. MAKE Ii
us property, the regulations and msn.
~ oI It's anairs and the manner OF The - q
!. on ana registration of its stock 10 80, Q
: business IN this state, other states ~. E
sndi oistricts, the territories and noss.sI o.
-. .. tne United States and in fore;1r A
.ort.s.. ana 70 DO and perform all NAME
which may be connected with. ipc;ds ousi, is
germane, to the purpose for wb;cb ia "a
'oration IS organized tnis w
rucie &-Until the election .o r. 81, d;
ne:Teinaoove provided, the following .b.a1 70
Sutute the first board of directors -
: noio once until their successors shsIi
been elected and duly ouaii6ed Snaii
anne and Address: Montigne - In
I;nn,ppewa street, ~ o., La; T. Othn "a
:, INS4 Arabella street, N. o.. Ia EdIl,
rogers, L5o Exposition Boulevard. NJ
Mtn Montague L. Bonneval, pres;d.n.,