The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-12
CHARTERS
2. To do a general business as commission
merchant selling agent and factor.
Z To act as hrnkers.

2. To do a general business as commission
merchant, selling agent and factor.
! 3. To act as brokers.
| 4. To carry on any or all business manu-
| factirers, producers, merchants, wholesale
and retail, importers and exporters generally
without limitation as to products and mer-
chandise.
5. To carry on and undertake any bust
ness, undertaking, transaction or operation
commonly carried on or undertaken by mer-
chants, commission men, factors importers
! and manufacturers agents.
| 6. To do a general commission merchants
and selling agents business; to buy, sell,
and otherwise dispose Of, hold, own, manu-
faCture, produce, export and import, and
deal in either as principal or agent, and
upon commission or otherwise, all kinds OF
personal property whatsoever, without limit
| as to the amount; to make and enter into
all kinds OF contracts, agreements and OBJ
| legations by or with any person or persons,
corporation or corporations, for the purchas.
ing, acquiring. manufacturing, repairing and
! selling and dealing in OF any articles OF
personal property OF any kind Or nature
whatsoever, and generally with full power
to perform any and all acts connected here
with or arising therefrom or incidental there
to, and all acts proper or necessary for the
purposes OF the business.
! ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum OF
Eight Thousand $4,000 Dollars, to be di-
vided into and represented by Eighty 800
shares. in the sum Of One Hundred $4,000
| Dollars each; said stock shall be paid Tor IN
cash at such times ana IN SuCn manner d.
the Board Of Directors may determine. All
shares of stock of this corporation shall be
full paid and worcestershire. No transfer
Of stock shall be binding upon the corpora.
ton unless made upon its books, and all
| certificates OF stock shall be signed by such
officers as may be designated by the Board
Of Directors. The capital stock OF this cor.
poration may be increased to the sum Of
, Fiftv Thousand Cs5OOOOOO Dollars.
ARTICLE N.-All the corporate powers OF
said corporation shall be exercised by a
Board Of Directors consisting OF three stock
holders, a majority of whom shall consti-
tute a quorum for the transaction OF bust
ness The Board Of Directors shall elect
annually from their number a President, a
Vice President, and a Secretary and Treas
urer The first Board Of Directors shall
consist of three stockholders and shall be
composed Of Juan Riyas, Jose NJ. ROsado.
and Cloridano Betancourt, Jr.. and it shall
. elect from its number 4 President, a Vice
: President. and a Secretary and Treasurer,
who shall serve until the second Thursday
in August, 1919.
The Post Office addresses Of said directors
are as follows: Juan Rivas, No. 1901 Canal
Street, New Orleans, La. Jose NJ. Rosado,
Merida, Yucatan,. Mexico, and Cloridano
Bsi2ncourt Jr No: sos Queen and Crescent
These directors shall serve until the sec
r ond Thursday in August, 1919, or until their
successors have been duly elected and quail
fled. The annual meeting OF stockholders
for the election Of directors shall be held
on the second Thursday in August OF each
year, unless said day be a legal holiday,
| and then on the next bank day thereafter.
= ANY vacancy occurring among the directors
by death, resignation or otherwise, shall be
! filled by election for the unexpred term
by the remaining directors. Each subscriber
. hereto sets after his name his pOst-oitlce ad-
dress and I 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
+ on the books of the corporation, to be cast
in person or by his written proxy ma
; jority Of the votes cast shall elect ..
/ ARTICLE Win the event OF the liqui-
dation or dissolution Of this corporation, the
stockholders shall elect three lquidators
from among their number at a meeting con
r vened for that purpose. after Fifteen O5)
r DAYS written notice sent to each stock
{ holder by mail to his last known address
| said liquidators shall have the authority to
wind up the business and affairs OF this cor
4 poration. In case Of the death OF hqui-
datqr. the survivors shall appoint stock.
| holder as successor to him.
= ARTICLE Widths charter may be modi-
fled. changed or altered, said corporation
: may be dissolved, with the assent of stock
: holders owning two-thrds OF the entire CAPT
tai stock, at a general meeting OF the stock
, holders convened for such purpose, after
! been given to each stockholder, mailed &c
: him at his last known address;
s ARTICLE VIII.--No subscriber for stocl
! shall ever be held liable for the contracts
! faults or debts of said corporation in any
d further sum than the unpaid balance, i
. any, due the corporation on the stock fol
! which he has subscribed; nor shall any stock
n holder ever be held liable for. such con
u tracts. faults debts in any further sun
{ than the unpaid balance, if any, on thu
. stock owned by him; nor shall any mere in
{ formality in organization have the effect o
II rendering this charter null, or rendering an,
Q subscriber or stakeholder liable beyond tht
!. unpaid amount, if any, remaining due OF
r ARTICLE IX.-This corporation is orga
e nized under the laws of the State of Louis
e lana, and especially Act No. 267 of 1914
d and the subscribers hereto, for themselve
: and said corporation. and for its officers. di
: | rectOrs and stockholders, hereby accept, a
d part of this charter and as conditions o
n this corporation, all the rights, powers, priv
legeS and immunities granted to corporations
n | and granted to and conferred upon officers
i directors and stockholders of corporations b!
d said laws and said act; such acceptance be
y ing as full, complete and binding as j
said rights. powers. privileges and immuni
: ties were set forth at full length in th
=, instrument.
l. flee. in the City of New Orleans aforesaid
K in the presence of Frazier L. Rice, anc
= Thomas Joseph Dobbns, competent wit
t nesses of lawful age. and residing in thi
e together with said parties and me, Notary
Il on the day and date set forth in the caption
e hereof
g Witnesses: Frazier L. Rice, T. J. Dob
DlnS.
e Original Signed
n '>"' " ". ". YOUNG,
d Not Pub.
o I, the undersigned Recorder of Mortgage
= in and for the Parish of Orleans, State o
e Louisiana. do hereby certify that the aboy.
Q and foregoing Act of Incorporation of the
II Rivas & Co., Inc, this day duly record
y ed in my office. in Book 1872, Folio 359
New Orleans. La, August 10th. 1918.
(Signed) EMILE J. LEONARD, d. r.
A true copy.
| (SeaD
w. W. YOUNG.
5. Not. Pub
If Aug. 1929; Sept. s-12-1o.
d