The herald. [volume] (New Orleans, La.) 1905-1953, 1917-07-12
CHARTER
OF THE NAVAL WAREI

OF THE NAVAL WAREHOUSES; INC.
United States Of America. State OF Louis-
ana, Parish Of Orleans.
BE it known, That on this 10Th day of the
month Of June, in the year OF our Lord one
thousand nine hundred and seventeen G9l7);
before me. Watts X. Leverich, notary pub
Of Louisiana. duly commissioned and quail
fed, and in the presence OF the witnesses
hereinafter named and undersigned. person
ally came and appeared the several persons
whose names are hereuuto subscribed all OF
the age OF majority, who declared that, avail
ing themselves Of the provisions OF the laws
Of this State relative TO the organization OF
corporations, they hereby form themselves
into and constitute a corporation Tor the OBJ
jeCtS and purposes and under the stipula-
tOnS hereinafter set forth.
Article THE name OF this corporation
| shall be Naval Warehouses, Inc.
| Article 1.-THE objects and purposes for
| which this corporation is established are de-
| lie or a private warehouse business in any
4 or all of the parishes Of the State OF LOU 81
| ana, or elsewhere, and 30 take and receive
| on storage goods, wares, merchandise, includ
| ing particularly rosIn, 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 Oh
| tain certificates as a public warehousenan
| 20 own and operate warehouses, bonded anC
no. bonded public and private; 70 do al
| things pertaining to the conduct OF the busI
| ness Of a public or private warehouseman
| 10 act .as agent and representative Of other
| in the warehousing and custody OF goods
| and generally. TO do azy and all other acts
| and things as may be necessary, proper oi
| convenient 70 carry out any OF SAID objects
and purposes
Article II-The amount OF capital stock
OF this corporation shall be the sum OF hve
thousand ($5.OOoM dollars, divided into and
| represented by fifty 800 shares Of the par
| value Of one hundred $4,000 dollars per
share. which shall he 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 (slcOOO0O0 dollars.
Article IV-The domicile Of this corpora
| ton shall be in the Parish OF Calcasien,
| State Of Louisiana. and is duration shall be
| for niue,v-nine (99) years. Service of cita-
| non or other legal process shall be made upon
the president, or in his absence, upon the
vice-presIdent.
Article V.-Arl the corporate powers Of hi
corporation shall be vested in a board OF d.
rec.p-s 10 consist OF three 90 stockholders
| 10 be elected annually at a stockholders
meeting 20 be held on the hrst Monday II
| Tune Of each year The directors 50 elected
| shall remain in Office until their successors
| ave elected and qualified The board OF di
| rrctors shall elect from their number pres
| ident, vice-p-esident, secretary ;.
| and such other officers as they may thInI
| proper or convenient, and shall have powe
| 70 unite two or more Offices and 20 confer III
| same upon one person, or 10 dispense witt
| any Office in their discretion, and TO TX III
| salaries OF all officers. agents and employees
The directors shall have power 70 fill al
vacancies occurring on the board, even thous
no quorum remain az the time such vacan
cies are TO be filled. A majority Of the d