The herald. [volume] (New Orleans, La.) 1905-1953, 1918-01-17
CHARTERS.

III
OF ninety nine years from m. Per-
| ana snall have and exercise Co. uS'e he,rS
! OF 'he business 70 be carried ~ pupOs
me powers conferred By law on ;oy IL n
| poIdllohS' including the power - nllar q,
| vi .%te sea-, and the sam. ke sai
OF amer al pleasure; 20 c1ntracf 10 bf,,s
| sued IN ITS corporate name. sue and
receive purchase, ALLEVIATE mold, on
mortgage, hypothecate, pledge eSe' coaI.s
| encuH%oer property, both real 9 ohers'
| fo- tbe ,,, UQ~ls' notes or other ok fsons
-, ,,ie PuIp'se OF borrowing moneS saiio,,
| name and ~, moi gage or oth.rvsnd
| directors, agents and other e,,rI, Manage.
| interest OF the said Corpora,io-r 'Oyees as ~
| ana TO make and establish may reQas.
rules and regulations as NAV tCh byll,,
Gnu proper and the same 10 H. necessae
neTfo-rr a. sl treasure, and generally 20 onsad
to carry out and execute ~. oe necess,-S
OBJECTS OF this corporation. purpose az
Article 1.-The domlciIr y, -.
ton snail! be in the City Of ms eOrpc,,
ot~'e ol LOUISIANA, but II NAV rS,,, ,Vreaa,
n,a,. az olIeS and agencies WISH al
+tds &c ueehed advisable. All c;t..Vr
other legal processes shall be citations .
| President OF this corporation Vi'ed on d.
Vice President. u act upon 4.
Article III.-The objects and
| which tins corporation Is org,1; purposes n.
VI lne business TO be carr;.SH nd ee
IT, are here1y declared 10 be: To 81 on y
receive, hold. rent, lease, sub L., Guy, Sli
and hlypothecate, and 10 otbs-ne, nOrisss
| ana Alternate, as well as 10 da,, aepvf,
| sub-divlde and cultivate lands - cevelx
whether timbered or untimbe,sd til kind,
estate OF every description. ~ and Ca
receive, hold, rent, lease, sub.leas. OaH sell
anu hyPothecate' and otherwise asou;'I gag,
ahenate, as well as u n.nufactr-s 4ufs sa
| IN logs, timber, cord wood cro.. and De-,
| timber products and by.prodrc.s ues, and
| description; to maintain and 80 OF ever
STOCK farm, and to buy. sell e i've
such live stock; to build. le,sa 'u deal n
| SheI'er ana operate steam and ;"Ahtali
anu oarSesi TO oonstrur, salA
tam and operate shp-yards. e;,L.l nan
| purpose of building new shins ier Tor tie
those already built; 10 constance repairH
| MAINTAIN canals for the purnoSo' 9pen ant
| ton, drainage and the transn1T,s,;o naVle
modities; TO construct, maintain IN o. ca
| LOCKS and docks, either for the rss Vpe1as
wi POI dtIoH OF ioT lease or for hire: "a u. aa
maintain and operate sawmilIs 70 efse
and steam railroads in connec,;o, usnSip
operation OF such sawmills, and ~ ny, VIA N
| hire the same; 10 build main,,;r aN
ate factories and machine shonS t Ana opes
structlon and repair Of boilers ard He Coz.
cry and other appurtenances in so. mAcai''
teie"itn' eltner OF iron or steel: /, ISs -S11
maintain and operate lumber 70 01A
sheds. and to buy and sell lumb.,, n .i.s 'Fd
wholesale or at retail; TO buy ana N '4Nu a
wholesale and at retail, merchand;ss e, a
ural other commodities Of every t;nj a sa'
conduct stores and commissaries fo- 'Hup
chase and sale thereof, at wholesais P-'
IetLdii' 10 urilI for gas, salt oil, sunbu u.a
other mineral and earthen products ~ Ht
crate mines and oil wells. eitbs- sna % D.
lessee; TO build, lease and on.eS oSne'r
and boarding houses; to purcbas. 1''es
moss, at wholesale and at ret,;I sno Nj
operate ginneries for the manufac,, snu
curing thereof; to erect factor;., ts az
ma n Iaeture OF baskets and willoxv,ss
and generally TO do every cba-,,,.. " vr,ii
ness not otherwise prohibited ~ q. o. bus
OF the State of louisiana " "e hn
Article lN.-The Capital S,ocL =, A.
RH9ratlon is hereby fixed at the sum - r "
thousand SS.OO000) Dollars, d;v;S.S I'VE
ana represented by, One Hundr,S M, I
Snn nrI, OF the par value of Fif,v ..s
IN cash, or may be issue in nax- N syass
eHy purchased by, or for services u pz
, To- the corporation. 9es RENDERED
The capital stock of this co-,...,
DC increased by a vote Of tbre..s noa nay
me outstanding stock, at a me.,;nn ' ~
s.oekholders called for that purpose. l. =
81 d;-n manner as provided for the .l.es,.
Gays notiee prior to said meeting A'e1
,Articie YAH the corporate no-...
tnls corporation shall be vested IN ~
ercised by, a board of FIVE direc,o-, a.. ., a
wnoln snail be stakeholder OF ri. 49,. '
ation, three of whom shall cons,,n,.
euI'uln Tor the transaction of all tusnl.
and majority vote at all ne.,;,a.
decide all questions voted MON 81 IN ~.
.1rs shall be elected annually fro- , sS
me stockhol ders, on the third 49, .n'H
D;er OF each year; the first Bo,,s :
directors and the officers thereof sS,p !.
VVeoIge y: Earl, President, W. B.,1s
Teresident; Meyer Eisemen Seer.t,r
Gelbke, directors; and the said oA AZ.
directors shall hold Office until ~. ~,
Monday of December 1918. or until ~.
successors shall have been duly elected =,
, 9uaIhed All meetings for the el,r,;o, ]
, ueetors shall be held only after ten Avn
written notice thereof shall be given in ~
Lpnu -HdiLeu 70 each stakeholder at his IN
j known place of residence, and 6, All nj
5 meetings. each share of stock outst,nGs,
snaII De entitled to one vote, and a ma;o1,
r oi such votes cast shall elect. and ~
,o,e must be cast either in person ar |,
duiy authorized proxy. Any vacancy ocrr.
! Iing IN the Board of Directors may be fTN
S oy tne remSining directors for the unexpiri
Term. At the first meeting of the Board 4
directors, after their election. thew III
! e"S, from among their number Presidtr.
\ vice President and a Secretary.Tre,srr
/ Arucle Vl.-This act Of incorporation r,r
: oe amended, changed, or altered, or this or
{ Poration may be dissolved with the gssr
OF the stockholders holding and ovra
' tnree-fourths OF the capital stock thest
who may be present or represented d l
Y general meeting of the stockholders eonve.d
S ior tnat purpose. and of which due notice h
been given
whenever this corporation shall ). al
/, solVed' either by limitation Or from any o.n
cause, its affairs shall be liquidated By .hm|
,, Confini ssioners, TO be appointed for that nj
q pose from among the stockholders at nse|
ing OF the stockholders convened for ta
purpose; said COMM ssioners shall remain n
once until the affairs of said coposix
, snail be fully and finally liquidated Ar
d vacancy occurring among the iiquidsn
,Ioin any cause whatsoever, shall be lid
= " me remaining Commissioners
$ ;Artieie Vll.-No stakeholder shall ever b
o na3ie or responsible for the contract, y
faults of this corporation in any furhs
: sum than the unpaid balance due by h
2 on the shares of stock subscribed 10 9
$ owned by him; nor shall any mere irr
n nahty IN the organization Of this eorpos
non nave the effect of rendering this dr
{ yer null, or OF exposing the stockholders
< my further liability than the unpaid sucux
FL TT 49, " uuc on MS STOCK suDsc1Vus-
me list of subscribers hereto shall xr
{ as me original subscription list Of this 'r
I Article Willard whereas II aooear ID
e " >. Bender has subscribed for % hrr
a 81 the capital stock Of this corporation, ~
a sne consideration for the issuance d y
0 ;naIes OF said stock. to the said BsaSr
: me transfer. sale and exchange BY D.
oH,a bender to this corporation, Of eetzs
pa.on neid by him for the purchase d g
en- the Parishes of Orleans and JeHero1 4.
I.ate, and which option has been eps,is
y me Board Of Directors of this corcsnne
d. me sum fs57SO.OO, all as will more nj,
J; appear by reference to a certified copy
ssia act of sale, from the said Bends
W. corporation, passed before He's