The herald., 1916-02-17
CHARTER
OF CAHABA COAL COMPANY OF LOU
ISIANA, MISSISSIPPI AND TEXAS,
INC.

United States of America, State of Louisiana,
Parish of Orleans, City of New Orleans.
BE it known, that on this fifteenth day OF
the month OF January, in the year OF our
Lord, one thousand, nine hundred and six
teen, and of the independence of the United
States OF America, the one hundred and for
tieth. before me, John Marshall Ouintero, a
notary public, duly commissioned and quail
fed in 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 are here
unto subscribed, who severally declared that,
avaIlIng themselves of the provisions of the
laws OF the State of Louisiana, relative 10
the formation OF corporations, and particu-
larly Act No. 267 OF the session of the Gen
eral Assembly Of the State of Louisiana of
1914 they have covenanted and agreed, and
do, by these presents, covenant and agree,
and bind and Obligate themselves, as well 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-
tons and provisions following, to-wit:
Article 1.-The name and style of this cor
poratIOn shall be the "Cahaba Coal Company
of Louisiana, Mississippi and Texas, Inc, -
and, under such name, IT shall have and en-
JOY succession for a period of ninety nine
years from this date.
Article 1.-THE domicile Of this corpora.
tion 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-president, or, in the absence OF
both, upon the secretary-treasurer.
Article III.-The objects for which this cor
poratlOn IS organized, and the nature of the
business to be carried on by it, are declared
70 be the following: 20 do general wholesale
and retail coal, coke and pg.iron business in
the city of New Orleans or elsewhere; 20 buy
and sell and deal in coal, oil, feed coke and
plg-iron and all and every kind OF commo
dIty generally handled by wholesale and re.
tail coal and coke dealers, and 10 carry or
such other businesses generally incident &c
or connected with said wholesale or retail
coal business.
Article IV.-The capital stock of this cor.
poration IS hereby fixed at the sum OF five
thousand dollars Cs5OO0OO), divided into and
represented by fifty shares Of the par value
OF one hundred dollars (Slp0OO 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 II. No stakeholder shall dis
pose Of his stock without first offering same
TO the corporation at its book value, and the
corporation 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 V.-All corporate powers shall be
vested in a board Of directors composed Of
three stockholders, two of whom shall con.
sutute quorum for the transaction Of bust
ness and until otherwise provided by amend
ment 10 this charter, the board OF directors
shall consist Of Benjamin Claassen, Sr., @OC
North Lopez street, New Orleans, La, Ben
jamin Claassen, Jr., 400 North Lopez street
and Charles y. Chavigny, 1852 Maisor
Blanche Building, New Orleans, La, with
Benjamin Claassen, Jr., president; Benz amin
Slaassen, ST., vioe-president, and Charles H
Chavigny, secretary treasurer. In the event
Of death or resignation Of one or more of said
board or officers, the remaining member OF
members of the board shall supply the va
cancy or vacancies. There shall be a presi.
dent. a vice-president and secretary and
treasurer. which latter Office may be held by
one and the same person.