The herald., 1916-01-27

ned IN and Tor tins parish and state. and in
the presence Of the witnesses herernaftr,
! named and undersigned. personally came and
appeared the persons whose names are here.
unto subscribed, who scvrrally declared that
| awaiting themselves Of the provisions Of the
! laws Of the State Of Louisiana. relative +.
The formation OF corporations, and particu.
| lariy Act No. Dol of the session Of the Gen.
cral Assembly OF the State OF Louisiana Of
! 1914. they have covenauted and agreed. and
90 ny these presents, covenant and agree
| and bind and OblIEate themselves a. well a,
HuCh other persons as may hereafter become
associated with them, TO form and constitute
a body corporate and polite in law, for the
| "Vtcts ana purposes, and under the Stipula.
! lions and provisions following, to-wit:
! Article The name and style Of this cor.
! poTatIon shall he the "Cahaba Coal Company
! OF Louisiana, Mississippi and Texas, Inc. -
and under such name, it shall have and en-
JOY succession TOR period Of ninety
years from this date.
Article 1.-THE domcile " 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 lhe Noe'Presldent, or, IN the absence Of
b"ih, upon the secretary treasurer
Article III.-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 and pig-iron business in
llS CITY OF New orleans or elsewhere, to buN
and sell and deal in coal, oil, feed coke and
pig-IrOn and all and every kind OF comnlo.
dIty generally handled by wholesale and re-
tail coal and coke dealers, and to carry on
or connected with said wholesale or retail
coal business
Article lN.-The capital stock Of this cor
poration is hereby fixed at the sum of 1--WE
thousand dollars CS5,OOOOO), divided into and
represented by fifty shares Of the par value
M hfrHraI all M i. i
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.
wees 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 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-
stitute 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 Claassen, Sr.. 400
North Lopez street, New Orleans. La, Ben
JamIn Claassen, Jr., 400 North Lopez street, |
and Charles n. Chavigny, 1882 Maison
benjamin Claassen, Jr., president; Benjam
Claassen, Sr., 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 |
members of the board shall supply the va |
cancy vacancies. There shall be a presi- |
dent, vice president and secretary and |
treasurer, which latter office may be held by |
one and the same person.
Article VI.-The corporation may buy,
lease, mortgage sell real estate as occasion |
may require during the course of the bust
ness hereinafter provided In Article III, and
all such transactions may be effected by the |
board of directors then in Office. The cor
poration may be dissolved by a two-third
vote of its stockholders, or by limitation of
its charter, and such liquidation shall be con-
Quoted by the board then in Office.
Article VII.-No stakeholder shall be held
liable or responsible for the contracts or
faults Of the corporation in any further sum
than the unpaid balance due the corporation
IN the shares of stock subscribed for by him; |
nor shall any mere informallty in organiza-
ion have the effect of rendering this charter
null, exposing a stakeholder to any liza
0ility beyond the unpaid balance, if any, of
MS stock. This act of Incorporation may be
amended in the manner provided by law, or
IS capital stock changed as provided by law.
Thus done and passed, in my office, at the
ity of New Orleans, on the day, month and
year herein first above written, in the pres
nee of Messieurs August II. Ritter and Ben
amin Morasca, competent D witnesses, who
lave hereunto signed their names. together
With the said appearers and me, notary, after
eading Of the whole.
Original signed: Charles " Chavigny,
252 Maison Blanche, II shares; Benz. Claas-
en-, Sr, 400 \. Lopez, share; Benz. Class
en-, Jr., 400 y. Lopez Il shares. !
Witnesses: a. II. Ritter. Benz. Morasca.
]. NJ. QUINTERO, Notary Public. ,
I, the undersigned, recorder of mortgages,
n and for the parish of Orleans, State of {
.ousiana, do hereby certify that the above
nd foregoing act of Incorporation of the !!
Cahaba Coal Company Of Louisiana, Missis-
ippi and Texas, Inc" was this day duly
ecorded in my office, in book ll95, folio -.
New Orleans, January p, 1916
(Signed EMILE J. LEONARD, D. r. /
A true copy. :
]. NJ. QUINTERO, Notary Public.
an p feb 10 II "a mch r