The herald., 1918-06-06
CHARTERS
State of Louisiana, Parish Of Orleans, City
of New Orleans.

State of Louisiana Parish of Orleans, City
of New Orleans.
Re II known, that on this Fifteenth day OF
the month of May, in the year one thousano
nine hundred and eighteen, before me, WI
liam Waller Young, a Notary fuolic, IN
isiana. duly commissioned and qualified and
in the Drcscnce OF The witnesses hereinafter
named and unders gned, personally came ana
anne red the several persons whose names
are hcreuntO subscribed an dOoET tiI
zoe NJ majority, who seyerally declared that
ayaiIing themselves of the laws OF the state
az louisiana and especially the laws TeIa-
tive 10 the organization OF corporations, they
have c0vendHted and agreed 10 Diuu' iOI ~ -
and constitute themselves, as wen aS az
srr, other persons as may hereafter JOIN
or become associated with them, into cor
pora:Ion and body polite IN law tot tne
objects and purposes and under the aFuCies'
agreements and stipulatIOns tOllowing' To-
ARTICLE The name, style and title OF
fms corporation shall be Coate BROS, Inc.
and, under that name, II shaH nave anu
epiov an the rights. advantages ana PRIV,
IeyeS granted by law 20 corporations, ana
shall exist for the full term and period OF
ninety nine years, from this day; II shall
have power TO contract, sue ana De Sueu
make and use a corporate seal, ana uIe
same 70 alter and break at pleasure; TO hold'
receive lease, purchase, sell and convey ID
well as mortgage, hyPothecate ana P'eusS
property real, personal and mixed CoIPpleat'
and incorporeal; TO name and appoint such
managers directors, officers, agents anu oll'o
,.,,,Dloyees as its interests and convenience
nav require and to make and eStdOlsh a.
well as alter and amend from time u 'lihe,
such bylaws, rules and TegulatloI.S d, -, -
be necessary and expedient Tor the pioPel
management and government Of the affairs
ARTJCIE 1.-The dumicile of this .corpo-
ration is hereby fixed in the city 91 new
- IF,r1fg1
tions or other legal process shall De set'eu
n,cn the president of said corporaton' or
in his absence. upon its secretary or IN l he
event of the absence OF the secretary upon
ARTICLE HI-The objects and purposes
oF this corporation and the nature oil the
business TO be carried on by 1t are hGreOy
declared TO be to buy, sell, export ana in,
corr any and all merchandise OF every KIM
ard character, whether on comml ssion or a.
merchants or dealers; to act as iot"dtul,is
exporting importing and tnanclaI dseu's
To establish and conduct warehouses anu ~
do all kinds OF commercial oroNeIas -
commission business; and, IN CohheS' W
,berewith. 30 own, hold, lease, buy, sell OF
otherwise acquire real, personal ana niiH Ne
nrooerty of all kinds; with the rglit am
power to do any and all things ne So
o. connected with in any manner iIo
Jortai or complementary to the obJeots ah'
purposes herein set FORTH - e III;
ARTICLE IV-The capital stock OF I'M
corporation is hereby tiTed AT az rne SJ
SsIm oo0 oM 10 be divided into and repre-
1900 Inv one thousand Q,OOO shares ~ u
the sum of one hundred dollars SioooI
ZACH. said stock shall be paid for IN .ss n,
The capital stock of this corPorati99nn ma Z !
ha Increased to the sum of FIVE HUNDKEl
TIIOITSAND DOLLARS (SSOOUcOOO).
ARTICLE V-All the corporate powers 0
,a;d corporation shall be exercised oy
board of directors consisting Si NV" cons,itut
of
ouor,rm for the transaction OIL business
rhs Hoard of Directors shall elect ahnu
civ from their number a ptesiueht, ri
presidents, secretary, ana IA ne,sist Of fiv
go hoard of directors shall CONSIST OF NV
.ncLhnders and shall be composed
Shsrles b. Coste, Harold w. Oliver, Jane ne
N Beley, Malcolm b. Coate and fteH w
Coate, with Charles b. Coate RnIev a
V;re- Presidents, Frederick w. Coate as sec
retarv. and Malcolm b. Coate as irssuiG 8
Ths post office addresses OF all Oh sar
directors are as follows: , GnaIteSw Olive,
Ito's,on. Texas; James M. Beley' memphis
1rsnnessee: Malcolm b. Coate, New Orleans
io,,s;ana; Frederick W. Coate, Memphis
Tennessee. ss:-. sb,II serv
,,,,;i the first Wednesday OF SPtemoer' ~ I
n, until their successors have oeeh eH
ei.oted and qualified. The annual i niee.im
NJ stockholders for the election OF ol orc. :
- all !,
s sI.- 81 Zach wear, unless said day D
faaai holiday and then on the next Jan
dav thereafter Each subscriber neIe
sfter his name his post-ottIce ADDRESS anu
&c., en-, of the number OF shares OF sGoC
500 he agrees to take the oorporanol
A. iii elections, every stochholder sndIi =
.n;.ied TO one vote for each snare Vi ~
stand;ng in his name on the 'oookS VI =;
corporation, to be cast IN 81 m. votes cas-
written proxy. mdJOiiNS ~
.txaH eli ff
sxRTICIE Win the event OF the hq -
aa,;on or dissolution OF this corporeIlo,II, -. ~
stockholders shall elect ,h'ee .sting cor
I'm among their number at meeting ~ ~
.,.d for that purpose, after iouiteSu
deys' written notice sent to eaen stoe I;O,,
he n,.ii 70 his last known address; salo i,qa
dators shall have the au, N his Corporation
+, case Of the death OF iiqu,da'ot' -
survivors shall appoint stockhoiaef d -
cessor to him . ,..r may he mod
ARTICLE VII-This charter nay .oTnorati,
81 ssr,nged or altered or SAID COZ a..
DE- ~. dissolyed, with the assent Oh sto S,
hniders owning two thirds on tne az stoc
81 stock. at a general meetihg VI ar
holders convened Tor SUI, SUI" notice shall ha
fourteen W. 20 eaoh stakeholder mailed
~, ~ his hast known address. Cor sto
urn XpTICI.E VIII-No subscriDsi n,,rsc
shall ever be hold ha9ie oornoration in a
taul.s v I'm than the unpaid baisnce,
furtneI Sun nronration on the stock lot WI
due ahe p.rr;hed: nor shall any sooeknolo
he mas SsIS liable for such contra Tau
ever DC =, any further sum than the unps
or deus &c nv on the stock owned py NJ
oalahS ,u any mere informality IN orss
noI have the effect OF renoeIs
zslvn .- null. or rendering any suosS ~,
esntSoIder liable beyond the uipa'fn "
s. remaining due on his STOCK: -
ARTiCLE ,IX-Ths eorporaSS,O o.. 81 Lou
,;zed under the laws OF Ihe 81 os Iol4, a
ana. and especially Act no . .% a
.hs Subscribers hereto. LOT les;o.rs dir
sad corporation, and Tor rs o .nrr az D
80 md stockholders, hereby aoeeP' VS.
es mis- charter and as conditions o' W.
.-as;on All the rights, powers, - !
"a ;mmunities granted TO eorPoi fs;oars
.e,,ed 10 and conferred upon uns;cns
4kZS..,nrs and stockholders oil eorpols .'.,,ns
"a laws and said act; such aocePes;fse q
,s full. complete and binding as
Eah,s nowers, privileges ana I'm ;nst
- set forth at full length IN piiiS '''
"T Th,,s Done and Passed in my No.oI,a.
lnus Az City of New Orleans, azores
nc ,rss.nce of George ii. Terrioerfy,
49, III s Ioseph Dobbins, competent Witnes
ifpn.s,,i age and residing IN this CITY,
OF 49, s,bs,ribe their names, togetnel "
- narties and me, notary, on w
go set forth in the eaPron eito.,,.
dsIe Signed: Geo. II. Terrioerry'
!. Dobbins. -..s On;-tedO
Ns"e w. w. YOUNG, MOI. [uS
,...,.d RP~Drder oil Moitsde