The herald. [volume] (New Orleans, La.) 1905-1953, 1916-03-02
CHAR
OF THE CENTRAL AMERICAN CATTLE
COMPANY, INC"

o
/ or The CENTRAL AMERICAN CATTLE
+ COMPANY. INC"
United States Of America, State Of Louisiana
I farlsh Of Orleans. City Of New, Or,eln.
BE it known, that on tins twer,v.e,gr,r
, H'y OF the month Of January, in the wear Of
our Lord one thousand nine hundred and
sixteen. Ia1 OF the IrIrrrnIarr. ,f H.
United States of America the ON. l,,rjrs5
ana torilcth. before me, John Marshall Oyir.
| teT', notary public, daily commissioned ar1
. IuHi"tl IN aaI Tor the parish Of Drieau,
p STATE OF LOUISIANA. aforesaid. therein -a.;S
ing, and IN the presence Of the witnesses
hereinafter named and undersigned rc-s,1.
any came and appeared the Srvera! r,rr,,ns
whose names are hcreunta subscribed, Who
htt'titl mat, dvaIlIug themselves Of the
PROVISIONS OF the laws OF the state Of Louis.
ana, and particularly Act No 2o7 OF The
Fehett Assembly OF the State OF Louisiana
10Y me year I'l+, they have Covenauccd and
| agreed, and DO. by these presents coye-,r,
agree, bind, form and constitute the-rsclvc,
- Wen As such other persons as may here
after JOIN or become associated with ths,,
mo '''P'satl2n and body polite IN law.
''' me OBJECTS and purposes and under the
agreements and sipulatious following, TO-
Article 1.-The name and title Of ,li, c,-.
| Poti'i,n IS hereby declared to be The Cen
! li"i American Cattle Company. Inc" and
! me place chosen for it, domlcle is hereby
| declared 10 be the city OF New Orleans. State
| Jt Louisiana.
Ar; Ari,e .s. II-The objects and purposes for
"hich ms corporation IS organized and the
: nature 81 the business 70 be carried on bv II
are hereby declared TO be: To buy sell ,15
Idue IN hoTseS, mules, cattle and live stock
OF every kind and character whatsoever. and
| the breeding and raising thereof, through.
our the state OF Louisiana, United States Of
America and all foreign countries and "a
sase III tne business OF the transportation
sald countries, and 10 that end, to acquire.
construct, own and operate steamships. rail.
roads, dcpots, stock yards, ferries ba-ops
tugs; transfers and such other adjuncts as
snail or may be found desirable or neces.
Sary. 70 carry out ne objects and purposes !
herein enumerated and to purchase. sell ard
deal IN lands and real estate of every lind
ana character whatsoever throughout the /
operate general merchandise and commissary
And generally TO do any and all things
incident to or connected with the objects and
purposes hereinabove set forth.
Article llI.-The capital stock of this cor.
poration IS hereby fixed at the sum of fifty
thousand dollars tS5O,OOOO0) to be represent.
ca by I'VE hundred 500 shares. OF the par
value OF one hundred dollars $4,000 each.
payable according 10 law, which capital stool |
may be increased from time TO time 70 The
amount OF one hundred thousand dollars
tSlnOO0OO).
Article IV.-Transfers of stock shall h.
made on the books of the company ouly:
but no transfers Of stock shall be made while
there exists any Indebtedness on the part OF
the owner thereof to the company.
Article N.-All the corporate powers OF this
corporation shall be vested in, enioved and
exercised by board of directors to be com
posed OF three stockholders, a majority OF
" nom shaiI constitute quorum for the
transaction OF business, which board of direc-
tors shall be elected annualIy on the second
Monday IN January of each year and until
hfe, second Monday in January of 1921, the
Growing stockholders shall constitute the
Irst board OF directors, to.wit: ,
oscar X. Nhilden, S2l St. Charles Street, .
New orleans, La; Jacob c. Whilden, 52i St
narIes Street; New Orleans, La; and q. d. 7
\IcolsOn, S2l St. Charles Street New Orleans ! {
La. of which Oscar R. Whilden shall be
president: Jacob c. Whilden, vice.presjdent-
md u. d. Nicolson shall be secretary-treas. a
irer. 7
All elections shall be by ballot and shall
'e held at the office of the company and be {
onducted by three commissioners 10 be an. {
ointed for that purpose by the board of direc- o
ors' and notice of such election shall be S
lven by mailing a notice of such election o
0 each stakeholder of record at his most v
thce address at least ten days prior thereto, | !,
Each stakeholder shall be entitled, in per. Il
on or by proxy, to one vote for each share 0.
I stock owned by him, and a majority of the
OteS cast shall elect
a failure to elect directors on the date le
bove specified shall not dissolve this cor 81
DIdt'o"' oui IHe then existing board of d. D'
ectors shall continue in office and shall al
iuse another election TO be held as soon III
hereafter as possible upon giving the same pC
3tice OF election as above provided. vC
Vacancies occurring in said board shall be it
lied by the remaining directors. co
At their first meeting after said election,
lie board of directors shall elect from their =;
'n number president, vice.president and "a "a
secretary and a treasurer, which last two "a
lmed Offices may be held by one and the VI
me person; 1t shall also appoint a manager oi
Id all agents, clerks and other EMPLOYEES ~, ~
, shall or may be necessary and fix their -,
iaTies. ANY one OF the officers so consti- -
ted may likewise hold the Office of mana ~
Said board of directors shall make and es an
blish, as well as alter or amend, from us
ne 70 time, any and all by-l avs, rules and
SuiatIons that they may deem necessary cit
the government and management of the We
airs of the company en-
Article V1.-Ths corporation shall exist BE
d have and enjoy succession by its cor ha
rate name for period of ninety-nine years wi
IN the date hereof, and shall have and en- re-
Y all rights, privileges and advantages
lnted by law to corporations. I
Article NlL-All citation and other legal l2J
'cess shall be served the president, and SCI
his absence, on the vice president of said SET
-poration. In the absence of both of said Y
Icers, then said process shall be served on
secretary.
Article VIII.-Whenever this corporation I
dissolved by limitation or from any other in
use, its affairs shall be liquidated by three 10
nmissioners to be appointed by the stock an
ned and called for that purpose after Nj
rty days notice given in any one of the du
lily papers published in the city of New fol
leans.
Article IX.-This charter of act of incor
ration may be. modified, changed altered !
provided by law.
Article Mo stakeholder of this corpor. lar