The herald. [volume] (New Orleans, La.) 1905-1953, 1917-03-01

offered therefor by any outsider: said offer
shall 1e made n writing and shall be &c
se9.ed or rejected by the other s;ockhoideTs
V-'-E.- thirty days. II any st2ckh2lder should
not desire % purchase his proportion Of the
stock 50 offered, The remaining s,ockho.ders
s1sE IN proportion 20 taei- holdings De re-
eui-ed 70 take Over same.
| A-:c:!e N.-AN the corporate powers Of
said corporation sha.. oe vested N ana exc
cised by a board Of directors, composed OF
four a. stockholders. a majority o; whom
shall constitute a quorum. The said d'rec.
.a~s shall e elected annually on the second
| Thursday. IN January IN ezcA year
Al such elections shall be by ballot and
~ the 5fice Of said corporation, under the
supervision o.: three commits s.g-e-> 70 K
appointed by the board Of directors.
Notice o.: said elections sia.. be gwen by
the secretary q the company gE "E-.:ea 2
tee thereof delivered personally o. by de-
P.s.,.-s me same =" ne P,s, 9TfeT' I'Iye5.
--er DAYS preceding s-ch meeting.
A. a.. such elections and - al. corporate
meetings every stJckhg.der shall re e-::.ed
% one v5:e Tor each share u stock standing
IN his name on the books o: ne c1-p--a-
ton. 70 BE cas-. IN person o. ~ written
p-1xy, and !: shall require majority Of the
--rcs outstanding % elect
Any vacancy a-7-s ;ae directors ~ dean,
rs s-a-lo- Dr. otherwise. shall be allied ~
e,-.:.an ~ the remainder o.; The term, ~
the remaining directors.
4 failure = e.e-, directors ~ ne -a;e
above specified shall ~ dissolve re CO..
p ration a.- impair - corporate @a.ase.
-a--. .-r .-- directors .-r- % a---= -E4..
renal. IL 5:=-e u2,I their successors sra.
awe been :-..y elected and snail nave qua
Tie a5a-l o.: directors ,ha. e.rs: from
:E-.- number p-r>----. md wee pres.
a@--. They shall 4.s7 e.cc; secretary. ard
. treasurer. -~ one person ~a5 snail he both,
ge members u The board They may IRON
...rr % a-s name and Appoint a.. ,Ich ON
seq, and agents - may 1r deemed necessary
~ ne purposes AID business n the c5-p9-
ration; ,1ey shall have power 20 TX and
! i---e the duties O.: every oT-ce- and en-
/ p,5yee and all 1-1-e-s and employees shall
! hold 0rlce and e:ngloy2.sa; a: the pleasure
| The 55a-I may make as well as a':e- AID
amend any and al bylaws. rules and -tgG-
| at.yos necessary and proper N IS !ldg.
men, 10 the. c22cda'; and management O he
/ cuisines, ard affairs o: the corporation.
| TIE board shall have :ul power and au-
! -a7-..y - borrow money. 20 execute MOTT
| cages and - create liens; % issue bonds.
I -..e> and other Obligations, and generally
| - ID al :1.ass reasonable. convenient; and
| necessary t1- the proper carrying on q the
| business o: the corporation.
/ The board may issue full paid and non
| assessable shares Of stock tJ- cash or N
/ payment o.: .aogr done OF property actually
! received by SAID corporation.
! 4; all meetings u the board oi directors.
! each director shall have the zgh; 70 apPo.1:
/ a proxy . &C: n his p.ace and stead.
! Article NI.-Nhtaeyer :hls corporation may
! 1e Dissolved, either ~ limitation or from
| any .g,1e- cause, = affairs snail be .qui,
/ dared ny three commissioners % be appointed
| from among - stockholders a: a genera.
| meeting o.; the stockholders convened Tor
/ That purpose, 0: which meeting ro;ice S1a!.
be given IN The manner and time provided Tor
| me >.1ck1a1-r-s meetings provided BY A-t;-
sic vi o.. -h.s charter and th-ee-tou-tas N
| amount a: the Capl;a. stock represented a;
such meeting shall be requisite 70 elect.
. 81
=. he affairs Of the SAID corporation shall
have been fully llquIdated. n case u
-ea-1 -- -esE.1a:.1r OF one o. more 0: the
said !:Qutda;o-s the vacancy shall be al.ed
1y e.e-tl1o By the remaining comm SS-1ue-s.
Article NII.-This act Of Incorporation may
De changed, modified or amended OF said
corporation may be dissolved or me capita.
stock may De increased or decreased IN ac-
Stockholders called for that purpose, ate!
notice shall have been given Ir writing .
each s:0ckholte- personally o. by mail, ai.
dressed - hIl as designated by him, a,
least fifteen days prior 70 the date OF the
meeting.
Article yIH-No s:ockholder shall eve,
: be liable Tor the contracts, faults, OF de
faults o. debts OF the said corporation in any
further sum than the unpaid balance due the
corporation on the shares Of stock owned
by han. 19- shall any mere in:O--ality II Or
charter null or q exposing d stockholder
20 any liability beyond the unpaid au,our
remaining due on his stock.
Article IN.-,The following shall eonstitut,
Wai:aey Building. New Orleans. La, 5
Roydaa Tanning. Whitney Building, NeU
Orleans. La. Louis Coiroa. Whitney Bald
shall Be president, Roy 5 Fsaning Cs s5s
be viee-p!esident and Louis Coi-on shall b,
| secretary t-easu-er.
The said directors shall hold Office unit
the second Thursday in January, 1918 o.
until their successors shall have been duly
elected and qualified.
| In order that this act OF incorporation NAV
serve as the original subscription list Of tht
sa'd separation, the subscribers hereto have
set foc:h opposite their names their respect
I'VE addresses and the respective number o.
shares subscribed for BY each.
| Thus done and passed al my Office in thc
S,ty Of New Orleans, in the presence o.
Eugene Thorpe and a. Miles Coe. competen
witnesses, tot lawful age, both residents o.
me city Of Sew Orleans, who hereunto sigr
their names together with the said appear
whole ''| s u '-''
Original signed: Auguste Coiron. New Or
leans, six 90 and one-iour;h shares, sos 90
; Louis CoiTon, New Orleans, six 90 anc
one-Icu-,h shares. $3.50; ; Royden Fan
m1g, New Orleans, twelve Q2) and one
hall shares, sl,25OoO
GEORGE JANVIER, Notary Pu6Ic
l, the undersigned recorder OF mortgages
IN and for the parish OF Orleans. State o
and foregoing act OF Incorporation of n,
American Export Company, incorporated, va
/ THIS day duly recorded in NY ONCE, in booi
, | 100. folio l8
New Orleans. February l6. 1917.
tSlgnedj EMILE J. LEONARD, Dy. R.
: State Of louisiana, Parish of Orleans:
r l. the undersigned, notary public in an
for the State and Parish aforesaid. do hereb,
1 certify the above and foregoing to be a thu
and correct c9py Of the original act Of in
corporation Of the American Export Com
pany, incorporated, on fle and OF record II
my ONCE, together with the certificate o
-ecordaEon OF the Deputy Recorder OF mort
: cages thereon.
i In witness whereof have hereunto Sc
: my hand and seal this /l7;h day OF Feb,
!. airy, 1917.
E GEORGE JANVIER, Notary Public.
: Feb p march S Is 2 p
CHARTER