The herald. [volume] (New Orleans, La.) 1905-1953, 1917-07-19
CHAR TER

CHARTER
/ OF TIE NAVAL WAREHOUSES;. INC
! United STATE, Of America, State Of Louis.-
! ana, Parish of Orleans.
| Re It known, That on this 10Th day Of the
! month % June, IN the year Of our Lord one
| thousand nine hundred and seventeen Ngl7J.
! before me, Watts X Lcverich. a notary pub
| lie in and for the parish Of CalcaSicu. State
| u Louisiana, duly commissioned and quail
| ned, and IN the presence Of the witnesses
hereinafter named and undersigned, person
| ally came and appeared the several persons
whose names are hc~euuto subscribed. all OF
the age OF majority, who declared that, avail
lny them selves ot the provisions Of the laws
If this State relative q the organization OF
corporations. they hereby form themselves
into and constitute a corporation Tor the OBJ
lectS and purposes and under the stipIla-
tons hereinafter set forth.
Article The name of this corporation
shall lie Naval Warehouses, Inc
Article 1.-THE objects and purposes for
which this corporation is established are de
cla-ed 10 be: 20 conduct and carry on a pub
IlC or private warehouse business in any
or all 0t the parishes Of the State Of LouiSi-
ana, or elsewhere, and 20 take and receive
on storage goods, wares. merchandise, includ-
ing particularly roS.n. turpentine, naval store
products, and other property Of every nature
and kind; to issue warehouse receipts OF any
and all kinds therefor; 10 apply for and OBJ
tain certificates public warehousenan :;
90 own and operate warehouses, bonded and
not bonded. public and private; to do all
ness Of public or private warehouSeman;
to act as agent and representative OF others
IN the warchouSing and custody Of good, :;
and generally, TO do aRy and all other acts
and things as may be necessary, proper or
convenient to carry out any OF said objects
and purposes
Article III.-The amount Of capital stock
81 this corporation shall be the sum of five
thousand CS5,p00O dollars. divided into and
represented by fifty GOl shares Of the par
,r1',, q G.,., L., 1.lA
share, which shall be issued only for cash
and paid for in cash. at par This capital
stock may be increased up 70 the sum Of one
hundred thousand ($lo0dOOOO dollars.
Article IN.-The domicile Of this corpora
ton shall be in the Parish Of Calcasieu
State If Louisiana. and is duration shall be
for ninety-nne (9q) years. Service Of cita-
ton Or other legal process shall he made upon
the president, or in his absence, upon the
vice president.
Article V-A'I the corporate powers of this
corporation shall be vested in a board Of d.
rec:ors to consist OF three O. stockholders
to he elected annually At a stockholders
meeting to be held on the first Monday in
shall remain in Office until their successors
are elected and qualified. The board Of di-
rectors shall elect from their number a pres
ident, a vice president a secretary-treas-.
and such other officers they may think
proper or convenient, and shall have power
TO unite two or more Offices and to confer the
same upon one person, or TO dispense with
any office in their discretion and 10 fix the
salaries OF all officers, agents and employees.
The directors shall have power to fiji all
vacancies occurring on the board, even though
no quorum remain at the time such vacau-
cIes are to be filled. A majority Of the d.
transaction of business. At any meeting of
the board OF directors, any absent director
may he represented by any other director,
VINO may cast the vote Of the absent director
IN f11a
general or special. of said absent director
The directors shall have power to make es.
tabllsh, alter and amend, all bylaws, rules
and regulations. and to borrow money exc
cute mortgages, and issue notes and pledges
DondS' or other obligations, they think
proper, without reference 10 the stock holders:
as well as to exercise all Of the other powers
WITH which the corporation is vested by law
Ontil the annual meeting in 1913, the board
OF directors shall consist OF the following:
}. NJ. Walker post Office address, care
Commercial l-Germania Trust and Savings
Bank, New Orleans. ]. C. Hamilton, post
Elzard, yr, post office address. Lake Charles,
LOUISIANA; with J. NJ Walker as president
!; g.. Hamilton as vice-president and A
ward; IL as secretary-tre3surer.
Article Nl.-lhe names and post Office ad-
dresses OF the subscribers Of these articles
OF Incorporation, and statement Of the num-
Der OF shares Of stock in the corporation for
which each has subscribed, are shown by the
''iN uitN VI t!lt Sdl0 SUBSCRIBERS hereto
appended All subscriptions are to be paid
for in cash.
Thus done and passed at my Office, al New
orleans, La, on the day, month and year
nrst above written, in the presence of Monte
VI. Lemann and Walter ]. Su,ho1, IT,, com
petent witnesses, who have hercunto sub
scrbed their names, together with me- no.
t2ry; and said appearers, after due reading
OF the whole
Names OF Subscribers omitted.
Witnesses: Monte NJ. Lemaun, Walter J.
SuthOn, Jr.
WATTS X. LEVERTCU Not. Pub.
June % july 5 L 10 % Aug