The herald. [volume] (New Orleans, La.) 1905-1953, 1916-05-11
clared to be as follows

10 buy, OF otherwise acquire, 20 hold, own,
mortgage, pledge, sell assign and TO invest
trade or deal IN, sugars, drugs, perfumery,
grain, hardware, wines, cereals, salt, cement
lumber, automobiles and any other goods
wares, merchandise, products or property Of
every nature and description; 10 do a gen
eraI brokerage or commission merchants and
selling agents business therein; to export
and import, and deal in, either as principal or
agent, all OF said articles or things and all
kinds OF personal property whatever, without
limitation as to nature or description.
10 act as agent or representative of cor
poratIons, firms and individuals and as such
10 develop and extend their business inter
ests
To buy, sell and deal in and to act as
brokers for the purchase and sale Of all kinds
OF commercial paper, mortgages, notes, stocks
and bonds; 10 rent, deal in, purchase, acquire
Hold, own, sell or otherwise dispose Of. mort
gage and hypOthcCate lands and real and per-
SonaI property OF every kind and class in the
thied states, or IN any and all foreign
countries; to subdivde, develop, manage and
improve the same; 10 construct, alter and re-
pair houses and buildings, and TO buy and
sell all kinds OF materials used by builders
ana generally TO do a general real estate
business in all its details for itself or as
agent for others; with full power 20 borrow
or loan money secured by mortgage or other
wise.
To enter into all contracts. agreements or
engagements or incur any obligations con
nectcd with or aprc~ta,uiug 20 any OF said
objects; TO establish branch Offices or agcu-
clcS a any place, or places, that the board
q directors may deem advisable, and to carry
on any part OF its business and exercise any
part Of its powers outside the State Of Lou
lsIdua, or in foreign countries
And IN general 20 do anything necessary.
incidental 70 and connected with said bo-
1rc'N and purposes, as well as 10 exercise all
nights and powers conferred on corporations
by Act 1o7 Of 1914.
Article IlI.-Ihe capital stock Of this cor
poration IS hereby fixed at the sum OF ten
thousand dollars tSl0,to"O, all Of which
shall be common stock; which capital stock
shall CnrSlS; OF one hundred shares Of a par
value Of one hundred dollars $4,000 each.
The capital stock OF this corporation may be
increased q fifty thousand dollars ($0NOD.
No stakeholder OF this corporation shall
sell. or offer To- sell, any stock Of this cor
roraton owned by him until he shall have
nrNt offered the same to each Of the other
Stockholders thereof, foi period Of thirty
lNhl days, at the book value Of said stock
This offer shall be made in writing 10 the
board 81 directors OF this corporation. who
shall, for the purpose. be considered the
agent FOR the remaining stockholders. who
shall have the right 10 purchase same at said
book value, IN proportion 10 the stock owned
by them
Article IV.-An Of the corporate powers
Of this corporation shall be vested in and
exercised by a board Of directors composed
u three 90 stockholders Of this corporation,
70 be elected At meeting Of the stockhold-
ers held Tor that purpose. at the domjcile Of
April Of i9i7 and annually thereafter; notice
OF which meeting shall be given 10 each
Stockholder at least fifteen N9 days prior
to each meeting, either personally, or by
dcposltng same in the post office properly
addressed, TO the last known address of each
Stockho!der, as shown by the books of the
corporation.
The board Of directors of this corporation
shall. Immediately after their election and
their number 4 president and a secretary
treasurer, and may select one or more vice
presidents. The first board Of directors Of
this corporation is declared 10 be composed
avenue, New Orleans. La; Gerald s. Ken
needy, Of No. 1917 Berlin street, New Orleans,
La, and Edward b. Ellis, of 40Ol Berlin
street, New Orleans, Louisiana, with Arturo
j. Branitf as president and Edward B. Ellis
The said board of directors shall have
power to appoint agents and employees for
this corporation, or 20 remove the same at
pleasure, and they shall also have the power
20 fl any vacancies in their number, and
shall make such bylaws from time 10 time,
and amend the same, as they may deem ex-
prdient.
Article V.-Said appearers declared that
they subscribe. respectively, to the following
number Of shares Of the capital stock Of tins
corporation: \. J. Braniff, twenty-sIx t26)
shares; Gerald :. Kennedy. twelve az
The said subscription Of Arturo !. BranifI
shall be partly paid for and settled by him
by the transfer 20 this corporation OF all the
property as shown on the detailed statement
hereto annexed, said property having been
appraised by the directors OF this corpora.
ton n the sum OF Sl.251r0. And the said
y !. BrauIf having paid out and advanced
the sum OF $1,000 for account OF ;h'~ corpo-
ration. as shown on the detailed statement
hereto auacNcd; his corporation Is TO at
once reimburse the said \. !. BranIt for
SAID payment and advances. by issuing 10
him therefor stock in this corporation. The
advances 50 made by said \. ]. Braniff, ag-
grcgatc the sum of $4,000; in settlement of
which amount said 4. J. Braniff will receive
twenty-five shares Of the capital stock OF
10 complete his said subscription are TO be
paid in cash.
The subscriptions Of Gerald 6. Kennedy
and Edward Il. Ellis shall be partially paid
for and settled by them by the transfer 10
this corporation Of the property as shown IN
the detailed and Itemzed statement hereto
annexed The said property having been
appraised by the directors Of this corpora
ton al the value OF $4,000 for the whole OF
said property. as set forth in said statement.
One-half Of the value thereof being $1,000
the said Gerald :. Kennedy is to complete
his said subscription by the. payment o.
$4,000 in cash; and the said Edward b
ELLIS is 10 complete his said subscription by
the payment OF like sum OF $4,000 in cash.
Article NI.-This charter may be amended
the capital stock thereof increased or de
creased. or this corporation dissolved, in &C.
cordauce with the provisions Of Act 267 of the
Legislature Of the State OF Louisiana for the
year 1914
Thus done and signed in my Office at New
Orleans. Louisiana, in the presence of Allan
r. Beary and Francis J. Keller. competent
witnesses, on the 10Th day OF March, 1916
after due reading OF the whole.
Signed: Arturo !. Branif, @ shares; Ger,
aid :. Kennedy, l. shares: f. b. Ellis, /
shares Witnesses: a. X. Beary, F. J. Kel
Ter.
HERBERT W. KAISER, Not Pub
I, the undersigned recorder of mortgages
in and for the parish OF Orleans, State Of
Louisiana, do hereby certify that the above
and foregoing act of Incorporation of the
International Import and Export Co, Inc
was this day duly recorded in my office II
book llo5. folio -.
New Orleans, La, 1910. -
EMILE ]. LEONARD,
Depaty Recorder OF Mortgages
4 true copy.
HERBERT W. KAISER, Not. Pub
apr Is % may II