The herald. [volume] (New Orleans, La.) 1905-1953, 1918-12-26
CHARTERS

ARTICLE III.-The objects and purposes
of this corporation and the natare of the
business to be carried on by it are hereby
declared to be to carry on business as steve
dores in the City of New Orleans and vicin-
ity; to load and unload freight to and from
railroad cars, and IN connection Herewith
TO buy and sell trucks, wheelbarrows, hoist
ing machinery, apparatus, donkey-engInes,
draft animals and all kinds of appliances
necessary, useful or convenient to the
proper transaction OF the business OF steve
dores, and generally to do any and all
things complementary or incidental to the
stevedoring business.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum of
Twenty Thousand (S2O.0o0oO Dollars, to
be divided into and represented by Two
Hundred (slOOO Dollars each said stock
shall be paid for when, and in such Install
ments, directed by the Board OF Drec-
tors. The capital stock of this corporation
may be increased TO the sum of Fifty Thou
| sand (SSO060OO Dollars.
ARTICLE V.-All the corporate powers OF
| said corporation shall be exercised by 4
| Board of Directors consisting OF three stock
| holders, a majority OF whom shall consti-
tute a quorum for the transaction of busi-
ness. The Board of Directors shall elect
| annually from their number a President, a
Vice President, and a etary-Treasurer.
The first Board Of Directors shall consist of
three stockholders and shall be composed
| Brenkie c. Pitts. and it shall elect from
| its number a President, VicePresident, and
a Secretary-Treasurer, who shall serve until
the third Monday in November, 1919 The
| as follows: Gerard Raymond. 1881 Coliseum
Street, New Orleans, La; John ID. Norman.
| 1914 Thalia Street, New Orleans, La; Bren-
| kie c. Pits, 22ls Brainard Street, New Or
the Third Monday in November. 1919. I'M
| til their successors have been duly elected and
qualified The annual meeting of stock
holders for the election of directors shall
be held on the Third Monday in November,
| OF each year, unless said day be a legal
| holiday, and then the next bank day
| thereafter. Any vacancy occurring among
| the directors by death, resignation or other
wise, shall be filled by election for the uu-
| expired term by the remaining directors.
| Each subscriber hereto sets after his name
| his post-office address and a statement Of
| the number OF shares of stock which he
| agrees to take in the corporation. At all
| elections every stakeholder shall be entitled
TO one vote for each share of stock standing
| in his name the books of the corporation.
| TO be cast in person or by his written
proxy. majority Of the votes cast shall
| elect.
| ARTICLE Win the event of the liqu-
| dation or dissolution Of this corporation, the
| stockholders shall elect three liquidators
| from among their number at a meeting CON
1 vened for that purpose, after Fifteen Q5)
| Jays written nOtlCe sent 10 eacl StOckhOlder
| by mail to his last known address; said Ii
quidators shall have the authority to wind up
| the business and affairs of this corporation.
In case Of the death of liquidator, the sur
vivors shall appoint stakeholder as sue
cessor to him.
| ARTICLE NII.-This charter may be modi-
fled, changed altered, or said corporation
| may be dissolved, with assent of stockholders
| owning twO-thirds of the entire capital stock,
at general meeting of the stockholders con-
| vened for that purpose, after fifteen Q5)
days written notice shall have been given
! to each stakeholder, mailed to him at his
last known address.
ARTICLE VIII.-No subscriber for stool,
shall ever be held liable for the contracts,
faults or debts of said corporation in any
| further sum than the unpaid balance. if any,
due the corporation on the stock for which
he has subscribed nor shall any stockholder
ever be held liable for such contracts. faults
or debts IN any further sum than the I'M
paid balance, II any, on the stock owned by
him. nor shall any mere informality in or
ganization have the effect of rendering this
charter null, or rendering any subscriber or
| stakeholder liable beyond the unpaid amount,
It any, remaining due on his stock.
ARTICLE IX-This corporation is orga.
nized under the laws of the State of Louis
lana, and especially Act No. 267 of 1914, and
the subscribers hereto, for themselves and
said corporation, Nand for its officers, direc-
tors and stockholders, hereby accept, as part
poration, all the rights, powers, privileges
and immunities granted TO corporations, and
granted to and conferred upon officers, di-
rectors and stockholders of corporations by
| said laws and said act; such acceptance be-
ing as full, complete and binding as if said
| rights, powers, privileges and immunities
were set forth at full length in this instru.
ment-
ARTICLE X.-The said appearers declared
that they subscribe, respectively, to the fol.
lowing number of shares of the capital stock
of this corporation: Gerard Raymond, forty.
seven shares; John d. Norman, forty-seven
shares; Brenkie c. Pitts, six shares. Thirty
shares of the stock subscribed for by Ger
rard Raymond shall be paid for and settled
by the transfer to this corporation of the
following described property, now used by
HIM in the stevedoring business heretofore
conducted by him; to-wit: Fifty-six large
cargo trucks; thirty-six small cotton trucks
eighteen lumber skids; ten lumber uprights
and blocks. sings, sisal hooks and miscel.
| laneous. Which said above described prop
erty has been appraised by the Directors OF
this corporation at the sum of Three Thou
sand (S3,O000O Dollars.
Thus done and passed, in by Notarial OF.
flee, in the City of New Orleans aforesaid
in the presence of Henrietta Arata, and
George II. Terriberry, competent witnesses
of lawful age, and residing in this City, who
hereunto subscribe their names, together with
| said parties and me. Notary, on the day and
date set forth in the caption hereof.
Witnesses: Henrietta Arata, Geo. H
Terriberry. Original Signed G. Raymond
q shares, 1921 Coliseum ST., New Orleans
La; ]. d. Norman, ~ shares, 1914 Thalia ST.
New Orleans. La. Brenkie c. Pitts, shares
I2lS Brsinsrd St, New Orleans, La. w. w
YOUNG, Notary Public.
i, the undersigned. Recorder of Mortgages
in and for the Parish of Orleans, State Of
Louisiana, do hereby certify that the above
and foregoing Act of Incorporation of the
G. Raymond Stevedoring CO., Inc, was thi.
day duly recorded in my office, in Book 1922
Folio s9s. New Orleans, November 18th
4 .tSigne0 EMILE J. LEONARD, by. R
| true copy of the original
/ w. w. YOUNG, Notary Public.
Nov. Is; Dec. 5-12-1o-26; Jan. O.