The herald. [volume] (New Orleans, La.) 1905-1953, 1917-07-26
CHARTER

OF THE NAVAL WAREHOUSES;, INC.
United States Of America, State Of Louisi-
ana. Parish 81 Orleans.
Be u k7o~u. That on ;hs Ath day Of the
month - June, IN The year Of our Lord one
thousand nine hundred and seventeen N9i7D;
before ire. Watts X. Leverich. notary pub
lie ri and for he parish 81 CalcaSieu, State
- Louisiana. duly commissioned and quail
ned ami ~ the presence Of the witnesses
hereinafter named and undersigned, person
ally came and appeared the several persons
whose names are he~curt1 subscribed, all OF
he fge o.; majority, who declared that, avail
r~g themselves 81 the provisions OF the laws
Of this STATE relative % the organization OF
corporations, they hereby form themselves
into and constitute corporation FOR the OBJ
jest, and purposes ard under the stpula-
r,H~s hereinafter set forth.
A--r,,e The na~c Of this corporation
shall Re Naval Warehouses, Inc.
A-..c,c II-The objects and purposes for
VIrsh this corporation Is established are de-
ciarrl :. be. % conduct and carry on a pub
Tie ~ private warehouse business IN any
or all - the parishes af the State Of LOuisI-
ana, or elsewhere, and % take and receive
n1 storage goods. wares, merchandise, iuClud-
ing particularly rosin, turpertl0e, naval store
products. and other property Of every nature
and kind: - issue warehouse receipts Of any
and all kinds therefor; to apply for and OBJ
tain certificates a. public warehouseman:
% nN~ and operate warehouses, bonded and
no. bonded. public and private: 20 do all
things pertaining 20 the conduct OF the busI-
. mes, ~ public or private warehOuSeman;
: 20 act as agent and representative OF Others
IN the Wa-ch1usIng and custody OF goods;
and generally, 20 do asy and all other acts
and things as may be necessary proper or
convenient 20 carry out any Of said objects
and purposes.
Article III.-The amount OF capital stock
az this corporation shall be the sum OF five
thousand $4,000 dollars. divided into and
represented by fifty 800 shares Of the par
value Of one hundred $4,000 dollars per
share which shall be issued only for cash
ard paid for IN cash, AZ par. This capital
stock may he increased mp 20 the sum OF one
hundred thousand tslo0"oO0n dollars.
Article IE.-The d1mlcile Of this corpora
ton shall - in the Parish OF Calcasieu,
State Of Louisiana, and is duration shall be
FOR ntuc'y-~t0e tPGJ years. Service OF cita-
. .Iou or other legal process shall be made upon
he president or in his absence, upon the
wee president
Article V-AU the corporate powers of this
/ corporation shall be vested in a board Of d.
rec,1rs % consist OF three 80 stockholders
I % he elected annually a. a stockholders'
meeting 20 be held on the frs. Monday N
yare 81 zach wear The directors elected
,halI remain IN Office until .hcir successors
a-e elected and qualified. The board Of dI-
-ert1-s shall e'e~. from their number a pres
iie1t, a ylce-p-esrden'. secretary treas,
ard such other officers - hey may think
proper Or convenient. and shall have power
% unite Two ~ U0-e Offices and - confer the
sane upon C1e person. or - dispense with
any Office in their q secretion. ard 20 TX the
salaries Il all officers agents and employees.
The directors shall have power 20 I'll all
vacancies occurring on the board, even though
10 quorum remain A. the TINE such vacan-
-irs are 20 hc tlls1. A majority Of the d.
-er.o-s shall constitute quorum tor the
transaction e business. A: any meeting Of
he board ~ d.~r--u-s, any absent director
nav be represented by any other director,
N18 may r4-' the y.'e g; f1s absent director
I a-,9rd.rg % he written trs.-ur,ions either
y~7e-a, or special, o. sari abseu. director.