The herald. [volume] (New Orleans, La.) 1905-1953, 1918-08-29
CHARTER OF
THE CANE BELT CAR LINE a WARE.
HOUSE COMPANY. INC.

State of Louisiana. Parish of Orleans.
City of New Orleans.
BE it remembered that on this 18th day
of August. 1918. before me, the under
signed, a notary public duly commission
ed and qualified in and for the said state.
parish and city aforesaid, personally came
and appeared the persons whose names are
hereuntO subscribed who Severally declar-
ed unto me, notary, in the presence of
the undersigned witnesses that, ayailing
themselves of the laws of Louisiana rela-
tive to the formation of corporations, par
ticularly Act No. 261 of 1914, they, for
themselves, successors and assigns, have
associated themselves together, and do by
| these presents associate themselves to-
gether and form corporation under and
IN pursuance o fthe laws Of the State of
Louisiana with the objects and purposes
and under the agreements. conditions and
stipulatiOnS hereuntO set forth. tO-wit:
Article 1.-The name of this corpora
ton is the Cane Belt Car Line * Ware
house Company. Inc. and by and under
said name shall have corporate existence
for n period of ninety nine (99) years
from the date hereof with all the powers
by law now or hereafter conferred on
corporations, unless sooner dissolved as
provided by law.
Article 1.-THE purposes for which this
corporation is organized are hereby de
clared to be to engage in and carry on, in
conformity to law, within or without the
United States, ut one or more places. any
portion or all of the following businesses,
tOwit:
(a) TO buy. sell, rent ana lease railway
tank cars. and other ears, and vessels and
| barges of all kinds and the necessary
equipment therefor;
(b) To acquire, maintain and keep stOr
age warehouses for the storage and de
post of goods and merchandise of all
| kinds and descriptions and conduct all
/ business appertaining thereto, including
! the making of advances on goods stored
and deposited with il and to have and re-
ceive all the rights and emOluments there
| to belonging;
! (c) To borrow or lend money as prin-
cipal, or otherwise, securing or causing
| the same or any portion thereof to be
secured by any instrument or act whatever
/ as may be necessary, desirable or useful
in exercising any or all of the foregoing
powers
I'D Exercising such incidental powers
| as may be requisite. and also such fur
ther and general powers as may be from
time to time conferred by the laws of the
state of Louisiana on corporations.
Article III.-The capital stock Of this
| corporation is fixed at the sum of fifty
/ thousand dollars (S50O0O). divided into
/ five hundred (5OO) shares of the par value
of one hundred dollars (SlOOl each. The
capital stock OF this corporation may be
increased to the amount of one hundred
thousand dollars (S1O0OO0OO). The CAP
ital stock shall be paid for at par IN cash,
property or good viii.
Article IV-The domicile of this cor
pOratiOn is in the City of New Orleans,
State of Louisiana, but, with the written
ings of directors may be held outside OF
the city or within the state elsewhere than
| at its dOmicile. Service of all legal pro-
cess shall be made upon the president, and
in his absence upon the vice president and
in the absence of both upon the secre-
tary.
Article VAN the corporate powers of
the corporation shall be vested in and
exercised by "A Board of Directors to be
composed of five stockholders having the
qualifications required by law who shall
be elected annually on the second day of
| January, in each year at a general meet
ing of the stockholders held for such pur-
pose after notice required by law. All
such elections Of directors shall be by bal
lot and each stakeholder shall be entitled
to one vote cast in person or by written
proxy or by letter. the signature OF which
shall have been acknowledged before a no
tary public or other officer authorized 70
make affidavits for each share of stock
standing in his name on the books OF the
company. The majority of votes cast
shall be sufficient to elect. The Board OF
Directors shall elect from their number q
president and one or more vice presidents
and shall also appoint secretary and
treasurer. who need not be a director
The office of secretary treasurer may b'
held by one person. The following named
persons have been chosen as the first
Board Of Directors of the corporation e
serve until the second day of January
| 1919. or until their successors are duly
elected and qualified, to-wit:
J. Il. Bassich, 1923 Peters Ave, New Or
leans; John Marks. Napoleonville. La; j
i. Bahan, 1895 Lapeyrouse St, y. o.; II
, VI. Hurt. 1926 Prytania St, y. o.; II. G
Hollander 1913 Dryades St, y. o. Will
. j. b. Bassich as president and John Mark