The herald., 1916-03-02
CHARTER
OF CAHABA COAL COMPANY OF LOU
ISIANA, MISSISSIPPI AND TEXAS,
INC


IsIANA, MISSISSIPPI AND TEXAS,
| United States of America, State of Louisiana
Parish of Orleans, City of New Orleans.
| Be 1t 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.
| teth, before me, John Marshall Ouintero, a
notary public, duly commissioned and quail.
| ned 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,
| awaiting themselves of the provisions of the
| laws of the State of Louisiana, relative TO
| the formation of corporations, and particu-
| larly Act No. 267 of the session of the Cen
| eral Assembly of the State of Louisiana of
| 1919, 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
a body corporate and polite in law, for the
OBJECTS and purposes, and under the stipua.
tions 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, y
and, under such name, it shall have and en-.
Joy succession for a period of ninety nine
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 president, or, in the absence of
both, upon the secretary-treasurer
Article IIl.-The objects for which this cor
poratlon IS organized, and the nature of the
business TO be carried on by it, are declared
to be the following: TO do a general wholesale
and retail coal, coke and pig.iron business in
the city of New Orleans or elsewhere; to 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.
tan coal and coke dealers, and to carry on
such other businesses generally incident to
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 (SS00OO0, divided into and
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
corporation shall have ten days within which
70 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 board of directors composed of
three stockholders, two Of whom shall con-
sutute a quorum for the transaction Of bust
ness and until otherwise provided by amend
ment to this charter, the board of directors
shall consist of Benjamin Claasseu, Sr., 400
North Lopez street, New Orleans, La, Ben
Jamin Claassen, j., 400 North Lopez street,
and Charles n. Chavigny, 1882 Mason
Blanche Building, New Orleans, La, with
Benjamin Claassen. Jr., president; Benjamin
Cl7assen, ST., vice 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 or I
members Of the board shall supply the va. |