The herald., 1918-06-20
CHARTERS
G. c. CoRDILL INVESTMENT COM
PANN, INC.
United States of America, state of Lou
isiana, Parish of Orleans, City oil Ne"
GlrI

/ our Lord one thousand, nine hundred ana
| eighteen. and of the Independence OF the
| I ,nited States of America, the one hundred !
and forty second. before me, Henry l..
| Dart, Jr., a Notary Public duly commls-
and the Parish of Orleans, therein reSld-
! ing and in the presence of the witnesses |
hereinafter and undersigned, personally
came and appeared
| The several persons whose names are
hereunto subscribed, all above the fun
age of majority and residents of New Or
leans who declared that, availing them
selves of the provisions of the laws OF
| Louisiana relative to the organization OF
corporations, they have formed ana 30
hereby form themselves, their associates
successors and assigns into corporation,
under the name and for the objects ana
purposes, and under the stipulatiOns ana
agreements hereinafter set forth, to-wit:
Article 1.-The name and title of this
corporation is G. {. COrdill investment
COMPANY Inc, and it shall exist for
period of ninety nine years from and al
ter the date hereof.
Article 1.-THE dOmicile OF this cOrpor-
alton shall be in the city of New orleans
where all meetings of stockholders or az
rectors must be held; provided that with
the written consent of all the directors,
valid meetings of directors may be held
outside of the state or within the state
elsewhere than at its domicile.
Article III.-Citation and other legal
process shall be served on the President
and in his absence or inability 10 act Tor
any cause, upon the Nicc-President or
? | should he be i'll like category, upon the
, Secretary Treasurer.
Article IV-The objects and purposes
. Of the corporation are to acquire real ana
personal property in the City OF New or
, leans State of Louisiana. or other States
of the United States, and the same 10
hold, manage, operate. exchange, sell
mortgage or pledge. as 1t may decide; 10
. deal in real property, improved or MIN m
, proved in New Orleans or elsewhere, for
itself or for the account of others, as
principal or agent, on commission or
otherwise; to rent and lease property, for
itself and for others; to erect construct
and improve buildings, to lend or borrow
money, issue notes, bonds and other obi
2 cations, and generally to do all things
4 Complementary, incidental or necessary 10
its primary purposes aforesaid.
Article V-The capital stock of this cor
= pOratiOn is fixed ut Three Hundred ana
: Twenty Thousand Dollars (S3200OOCOD. di-
y yided into and represented by three thou
n sand two hundred shares of One Hundred
u Dollars each which shall be paid in cash
:. or in property. The corporation shall
; commence business and become gong
y concern as soon as Five Thousand Dollars
i subscribed.
> All stock of this corporation shall lie
. held upon the condition and agreement III
= the nature of vested rights, that the
: | same is so held and possessed subject ia
II the rules and provisions for the transfer
I of the same hereinafter set out, to-wit:
E; No sale or transfer other than by oprr-
: offer of sale of the stock has been made
n to the corporation for the use and bench,
d of the other stockholders of record at the
ID rate thereof. accompanied by the certln
= cate therefor. endorsed for transfer or, ii
l. the absence of such certificate, then by al
G. order upon the person holding the same
le The Board of Directors shall within five
" DAVIS from receipt of said offer communi
Dr. cate il to all other stockholders of record
in The latter shall within five days from thu
lg receipt of their notice accept the offer il
4 n rift "a
~ the stock. If more than one acceptance
of or offer is made, the stock shall be pro
rated among them in proportion to thei
~ Should the parties be unable to agre
upon a price, the Board of Directors shal
::e name a dsinterested auditor to ascertain
~ the book value of said stock, which shall
: be cOnclusively established by the corpOr
Us atoms latest annual or semi-annual state
e ment and a trial balance struck as of dat
c' the end of the month preceding the Offer
as The value established shall cOnsti
nd tute the sum to be paid for the said stock
n, The price agreed to or established a
e, herein set forth shall be paid within tie
days after the Auditors written repOr
he shall have been filed with the corporation
tie and notice given thereof to all parties i
ce interest. The delivery of the said pric
r. to the corporation shall be sufficient pay
gn ment thereof, and full authority for it
d. cancel the old and issue a new certificate
provisions shall be sufficiently proved b
registered letter receipt or an atteste
certificate of personal service.
The rights herein created in favor q
the stockholders shall follow the stoc
and may be exercised against all subst
quent transferees of the same.
= All certificates of stock shall bear upo
~ their face a brief reference to the right
.: herein established in favor of the stool
Vi holders.
we Article vI.-An the corporate powers
IN this corporation vested by this Charte
&C.. the laws now existing. or which may here
IN after be passed. shall be vested in and q,
ercised by a board of not less than fly
directors TO be elected annually, of who
X three shall constitute a quorum for Il
. transaction of all business. Vacancies
ic. the directorate shall be filled by the Boar
until the next general election.
The Board of Directors shall have Il
power to make bylaws, rules and regul;
tons for the management of the cOrpo
-, alton and the same to alter, amend an
change at pleasure and to provide the for
and manner of certifcatiOn and regiStI
of its stock. and the time and method
transferring the same upon the books
the corporation.
n Article VII.-The officers of the corpo
alton shall be a President, one or mo
. | Nice-PreSidents, Secretary and a Urea
urer, with such other managers or agen
- as the Board may appoint. The office
Secretary and Treasurer may be combine
. in one person, and the office may be fill
by. one not stakeholder or director.
All officers. representatives, agents nj
employees shall hold their offices at &
pleasure of the Board of Directors.
Article Nlll.-The annual meeting of &
corporation shall be held on the secOI
Monday of January in each year, and
not held on that date for any reason, &
said meeting may be adjourned from tir
to time until the meeting may be hel
Ali corporate elections shall be by ball,
and each share of stock shall be entitl
to one vote in person or by proxy or
letter, and the majority of the votes ca
shall elect.
Article IX.-The first Board of Directo
Of this corporation shall be: Francis Ma
ion COrdill, James u. Cordll. Caleb
Snyder, Eugene A. Cordill, and VILLA
NJ Snyder. They shall serve until {:
annual election in 1912 or until their su
ceSsors are elected and qualified.
Article X.-Any and all notices requir
by law or by this Charter may be waiv
by unanimous consent, and meetings
any and all kinds may be validity held u
der such consent.
Article XI-The names and postoff
addresses of the subscribers to these
tiCleS of incorporation and the number
shares which each agrees to take iue {
corporation is set forth opposite their s.
nature hereto.
Thus done and passed in my nOtar
Office at the City of New Orleans. in
presence of William Herman Dart and
ward Macquillan, competent witness
who hereunto subscribe their names,
gether with said parties and me, Nota
Tour on the day and date set forth in the ca
to ton hereof.
bile. (Signed on original:
But Witnesses: William Herman Dart