The herald. [volume] (New Orleans, La.) 1905-1953, 1916-02-03
United States Of America. State OF Louisiana,
Parish Of Orleans, City Of New Orleans

| United States Of America. State Of Louisiana.
Parish Of Orleans, City Of New Orleans.
BE 1t known. that on this fifteenth dav Of
! the month OF January, in the year Of our
! Lord, one thousand, nine hundred and six
I teen, and Of the independence OF the United
states OF America. the one hundred and for
/ tleth, before me. John Marshall Ouiutcro a
/ notary public, duly commits Sioned and quail
! ned m and for this parish and state and in
| the presence OF the witnesses hereinafter
named and undersigned, personally came and
appeared the persons whose names here
unto subscribed, who Scyerally declared that
aydIllng themselves Of the provisions Of the
I laws OF the State Of Louisiana, relative to
the formation OF corporations, and particu-
| larly Act No. POI OF the session Of the Gen
cral Assembly OF the State Of Louisiana OF
1914, they have covenauted and agreed, and
DO, by these presents, covenant and agree
and bind and oblgate themselves. as we'll as
such other persons as may hereafter become
associated with them. to form and constitute
body corporate and polite in law, for the
objects and purposes, and under the stipula.
tions and provisions following, to-wit:
Article The name and style Of this cor.
poration shall be the "Cahaba Coal Company
OF Louisiana, Mississippi and Texas, Inc"
and, under such name, II shall have and en-
,oy succession for period Of ninety nine
years from this date.
Article 1.-THE domicile of this corpora
ton shall be in the city OF New Orleans. and
all citation and other legal process shall be
served on the president, or, in his absence
IN the vice-prcsident. or, in the absence of
Doth, upon the secretary treasurer.
Article lII.-The objects for which this cor.
poration IS organized, and the nature OF the
business to be carried on by it, are declared
10 be the following: to do a general wholesale
and retail coal, coke rad pig-iron business in
the city of New Orleans elsewhere: to buy |
and sell and deal in COAL oil. feed, coke and |
plg-lron and all and every kind of commo. |
dity generally handled by wholesale and re-
tail coal and coke dealers, and 10 carry on !
such other businesses generally inciders TO |
or connected with said wholesale or retail |
coal business.
Article IV.-The capital stock of this cor
poraiion is hereby fixed at the sum of fve
thOus md dollars (S5OOOOO), divided into and |
by fifty shares of the par value
Of one hundred dollars $4,000 each, which
stock shall be paid for when called for by
the board of directors of the corporation, and
may be issued for cash, or in PAYMENT of
property received by the corporation. or ser.
vices rendered it. No stakeholder shall dis.
pose OF his stock without first offering same
to the corporation at its book value, and the
shall have ten DAYS within which
to accept or decline said offer All stock
transfers to be valid must be made on the
books OF the company.
Article N.-All corporate powers shall be
vested in a board of directors composed of
three stockholders, two of whom shall con-
Stitute a quorum for the transaction of bust
ness and until otherwise provided by amend
nent to this charter, the board of directors
shall consist of Benjamin Claassen. Sr., 400
North Lopez street, New Orleans, La, Ben
amin Claassen, Jr., 400 North Lopez street,
Blanche Building, New Orleans, La, with
Benjamin Claassen, Jr., president; Benjamin
-laassen, ST., vice-president, and Charles II.
Shavigny, tary-treasurer. In the event
NJ ~ SaiH
BOARD or officers, the remaining member or
members of the board shall supply the va.
ancy or vacancies. There shall be a presi-
lent, a vice-president and a secretary and
reasurer, which latter Office may be held by
me and the same person.
Article VI.-The corporation may buy,
ease, mortgage or sell real estate as occasion
nay require during the course of the bust
less hereinafter provided In Article III, and
III such transactions may be effected by the
,oard of directors then in ONCE. The cor
oration may be dissolved by a two-thrd
ote of its stockholders, or by limitation of
is charter, and such liquidation shall be con-
ucted by the board then ii Office.
Article VIf-NO stakeholder shall be held
liable or responsible for the contracts or
aults of the corporation in any further sum
han the unpaid balance due the corporation
n the shares of stock subscribed for by him; !
or shall any mere nformality in Organiza- | I
ion have the effect of rendering this charter
ull, or exposing stakeholder to any liza |
ility beyond the unpaid balance, if any, of
is stock. This act of Incorporation may be
mended in the manner provided by law, or o
IS capital stock changed as provided by law. /
Thus done and passed, in my Office, at the q
ty of New Orleans, the day. month and =
ear herein first above written, in the pres l.
nee of Messieurs August II. Ritter and Ben =
lmin Morasca, competent witnesses, who 8
ave hereunto signed their names. together Il
it'll the said appearers and me, notary, after e
fading of the whole
Original signed: Charles n. Chavigny, v
80 Maison Blanche, u shares; Benj. Claas- s.
n, ST., 400 n. Lopez, share; Benz. Claas- s
m, Jr., 400 n. Lopez, Il shares. ii
Witnesses: A. II. Ritter, Benz. Morasca. a
]. NJ. QUINTERO, Notary Public. t'
I, the undersigned, recorder of mortgages, a
and for the parish of Orleans, State of
ouisiana, do hereby certify that the above :
I'd foregoing act of incorporation of the :;
-ahaba Coal Company OF Louisiana, Missis- -
ppi and Texas, Inc" was this day duly u
corded in my office, in book ll95, folio -. {,
New Orleans, January 81 1916. II
(Signed) EMILE J. LEONARD, D. r. l.;
true copy. 81
]. NJ QUINTERO, Notary Public ~ !,
n u feb 10 II "a inch pc