The herald. [volume] (New Orleans, La.) 1905-1953, 1917-03-29
CHARTER

OF " Isl INDIA NAkEltoO 81 AND
TANK STORAGE COMPANY. INC.
United States OF America. State OF Louisiana,
Parish Of Orleans, City OF New Orleans.
BE II known, that on this twenty-thIrd day
4 the month Of March. in the year one
thousand, nine hundred and seventeen, A
d., before me. Charles Rosen, a notary pub
lie, duly commissioned and qualified, in and
for the above parish and State, therein re-
siding, and IN the presence OF the witnesses
hereinafter named and undersigned, person
ally came and appeared:
The persons hereinafter subscribed who
declared tina, avalliug themselves Of the laws
If this State, relative TO the organization Of
corporations, III such cases made and pro-
vdrd, they constitute themselves. their sue
cesspr> and assigns, corporation under the
>upula''on> herein set forth, which they
hereby adopt a their charter, tO-wit:
Article The name OF tins corporation
shall be West India Warehouse and Tank
Storage Company, Inc. Its period OF dura-
non shall be ninety years from this
date: and II shall have for the purposes OF
the business to be carried on by it, all the
powers conferred by law upon corporations,
and shall generally exercise all the powers
necessary to carry on SAID business; and
Il shall have tull power and authority TO
contract. and be sued in its corporate
name; 10 make and use corporate seal,
and the same TO break or alter at pleasure f;
20 hold, receive. purchase, convey, mortgage,
hypotheCate, or pledge, property, real per
sonal or mixed; to issue bonds, notes and
other obligations; to have and employ such
managers, directors, officers, agents, and
other employees as the interest and conve-
nIenCeS OF said corporation may require or
demand; to make and establish such by
laws, rules and regulations Tor the corporate
management and control Of the business and
affairs Of the corporation as may be deemed
necessary or expedient.
Article 1.-THE domicle Of this corpo-
ration shall be in the City OF New Orleans,
State Of Louisiana, and all citation and other
legal process shall be served on the presi-
10. nd rr h qh g- a
the SeCretary-treaSurer.
Article III.-The objects and purposes for
which this corporation IS organized and the
nature of the business to be carried on by
and are co @SS4y dss sensa " a6d %
house and tank storage business; TO issue
and grant negotiable and non-negotiabe
warehouse and storage receipts and certih-
Gates, and in connection with and for the
purposes Of said business, to purchase, rent
construct, or otherwise acquire, and TO oper-
ate warehouses, tanks and transportation
equipments by land or water for the ware.
| forwarding Of all kinds Of merchandise; and
| IN connection Herewith to purchase, rent
| or otherwise acquire, and own and operate
| steamships, bargeS, and other vessels, cars
| and other equipment and all things neces
| Sary or connected with the carrying Of
said business: and generally to do any anc
| all things incidental or appertaining to the
| aforesaid objects and purposes
| Article IN.-The amount of the capita
| stock Of this corporation is hereby declared
to be five thousand (S5OO0O0 dollars, which
shall consist Of fifty shares Of the par value
| Of one hundred dollars per share. all o.
| which is hereby subscribed to and which
| shall be paid for in cash al the time of or
| ganzation and before the corporation en-
| cages in business.
be increased shall be fifty thousand ESQ.,,
| 0O00O dollars.
Article V.-AIl the powers of this corpora
ton shall be vested in and the business and
| affairs Of the corporation managed by ;
| board Of three directors, who shall be elected
| annually at a meeting Of the stakeholder:
on the third Monday 81 March OF each year
| The first annual meeting shall be held or
| the third Monday of March, 1918, until which
time the officers and directors named in thi:
| charter shall act or until their successor:
are elected and qualified.
The first board Of directors to serve for the
| hrst year shall consist of Jules NJ. Wogan
| 1879 Marengo Street, New Orleans, La.
| Irving g. Delcher, OIL Munsey Bldg, Balt
| more, Nd: George w. Bernard, IA Caron
| delet St, New Orleans, La, with Jules NJ
Wogan "A president, Irving B, Delcher. vice
| PRESIDENT and George W. Bernard, secre
| tary-treasurer.
| The office Of secretary-treasurer may al any
time be divided; and the secretary may Of
| may not be a member OF the board of direc
| tors
All elections shall be by ballot at the Office
Of the company, under the supervision Of tw'
c)mm ssioners 10 be appointed by the board
| of directors. Notice of such meetings shall
| be given by the secretary in writing, deliv
| cred TO each stakeholder in person or mailed
to his last known address at least IS day
| prior to such election, but this notice ma!
| be waived by all the stockholders.
| At all such leections and az all meeting
of the stockholders, every stockholder shall
| be entitled 10 one vote for each share o
stock standing in his name on the books o
! the company at the date OF such election o
meeting; said votes TO be cast in person o
by written proxy, and a majority OF the vote
cast shall elect.
The failure to elect directors at the annua
meeting shall not dissolve or affect the cor