The herald., 1917-03-08
CHAPTER
CHARTER
AMERICAN EXPORT co INC

OF AMERICAN EXPORT CO., INC.
United States of America, State of Louisiana,
Parish of Orleans, City of New Orleans.
BE it known that this first day of the
month of February in the year OF our Lord
one thousand nine hundred and seventeen,
before me, George Janvier, notary public,
duly commissioned and qualified in and for
the state and parish aforesaid, therein re-
siding, and in the presence of the witnesses
hereinafter named and undersigned, person
ally came and appeared: The several per
sons whose names are hereunto subscribed,
who declared that, availing themselves of
the laws of the State of Louisiana in such
cases made and provided they have covenant
ed and agreed and do, by these presents,
well all such persons as may hereafter
become associated with them, TO form cor
poration for the objects and purposes and
under the articles and stipulations following,
to-wit:
Article 1.-The name and style Of this cor
poration shall be: American Export Company,
Incorporated. ami under its corporate name
it shall have and enjoy corporate existence
and succession for the full term and period
of ninety nine years from and after the date
hereof; and 1t shall have power and author
| ity to contract, sue and be sued; to make
| and use corporate seal and the same to
| alter and break at pleasure TO hold receive,
lease, purchase and convey, well mort
gage and hypothecate property, real, personal
| and mixed, corporal and incorporeal; to
| borrow money and to lend money on secu-
| rity; to buy, own and hold stocks and bonds
OF other corporations and to vote the same
| TO name and appoint such officers, directors,
managers and agents as its business, inter
ests and convenience may require and to
| make and establish, as well as alter and
amend, from time to time, such bylaws,
| rules and regulations for the proper gov.
eminent OF the affairs of said corporation as
may be necessary and proper, and to like
wise do and perform any and all acts neces.
sary to carry on the business of said cor
poration as in the Judgment of its board of
directors shall seem proper.
Article 1.-THE domicile of said corpora.
| ton shall be in the city of New Orleans,
| State of Louisiana, and all citation and
| other legal process shall be served on the
sence, upon the vice-president thereof, or,
in the absence of both of said officers, upon
the secretary of said corporation.
Article III.-The objects and purposes for
which said corporation is organized and es-
tablished and the nature of the business to
| be carried on by 1t, are hereby declared 10
| be:
To do a general exporting and importing
| business either in its own name and for its
own account or on commission or agents
| for others; to act as forwarding agents and
| to do general commission business; to act
as steamship agents or brokers and gener-
| ally to do and perform any and all acts and
things necessary or convenient for the car
rying on OF the objects and purposes above
| enumerated.
Article Iv-The capital stock of said cor.
| thousand dollars (S5,0OOO0), divided into and
represented by fifty shares of the par value
of one hundred dollars $4,000 each. The
said stock shall be paidrfor in cash, at such
| time, in such amounts and after such notice
| to the subscribers may be fixed by the
board OF directors, the same may,b issued
for labor done or property actually received
by the said corporation, but when said stool
is so issued it shall not be issued at les.
| than par.
This corporation shall become a going con
Germ as soon as twenty-five hundred (S2, 500
dollars shall have been subscribed and one
half of the said amount so subscribed shall
have been paid for.
Twenty-Five thousand dollars Cs2S, 10000 il
hereby fixed at the limit TO which the cap
ital stock Of this corporation may be in
creased on complying with all the provi
sions of the laws of the State of Louisian.
on the subject.
| All transfers of shares Of the capital stool
Of this corporation shall be entered on tn,
| stock book Of the corporation and no transfer
shall be in any manner binding on this cor
| poration until so entered
No stakeholder shall have the right Il
| sell the shares of stock in this corporation
| owned by him until he shall have given tn,
| remaining stockholders in this corporation II
proportion to their respective holdings tn,
privilege of purchasing his said shares o.
stock. at such price as shall be bona fds