The herald. [volume] (New Orleans, La.) 1905-1953, 1918-05-30
CHARTERS
State of Louisiana, Parish of Orleans, City
of New Orleans.

State of Louisiana, Parish of Orleans, City
of New Orleans.
BE il known, that on this Fifteenth day Of
Tn. month OF May, in the year one thousand
nine hundred and eighteen, before me, WI
liam Waller Young, a Notary fuOne, III
and for the Parish Of Orleans, state OF Lou,
isiapa. duly commissioned and qualified and
In the prcscuce OF the witnesses hereinafter
named and uudcrs' gned, personally came and
aDpearcd. the several persons whose names
are hercur.o subscribed, all above the iull
age OF majority, who seyeTaily deT'aLeu tIa''
aVailing themselves of the laws Of the State
of LOUISIANA, and especially the laws TeIa-
tive TO the organization OF corporations, they
i,qyr -oyeuantcd and agreed 70 bind, form
and constitute themselves, as wei As an
such other persons as may hereafter JOIN
ar become associated with them, into C2t-
ooration and body polite IN law lot tAe
nh;rrt, and purposes and under the articles,
agreements and stIpulationS Following 10
ARTICLE THE name style and title Of
this corporation shall be C0ate Bros, Inc
and under that name, It shall nave ana
enjoy all the rights, advantages ana PRIV,
los granted by law 20 corporations, ana
sl,aJI exist for the full term and period OF
rinety-nine years, from, this day. II SAdIl
have power 20 contract, sue and be sued; 70
make and use a corporate seal anu I'iI
sare n alter and break at pleasure; 10 hold
well as mortgage, hyPOthecatc and p.edSG
property, real. personal and mixed CoIPo'SI
and iucorporcal; 20 name ana appoint SUI
managers, directors, Officers, agents anu p'-ioI
EMPLOYEES as its interests ana Cp"ES'l,~''el
-, GENUINE and to make and cstdBllSh as
veil as alter and amend, from tune u Nhe'
such bylaws, rules and regull atoms - "'S
he necessary and eNpedlcut Tor lAe Pi.PI'
management and government VI '''~
M said corporation.
ARTICIE 1.-The dpmicilc OF this corpp'
ration IS hereby fixed IN the cry Ti -Ne"
Orleans State Of LOUISIANA, ana al cha
ticns or other legal process shah De Se''eu
,usrn the president OF said corPoration' o.
10 his absence, upon its secretary, or, IN the
event of the absence OF the secretary up0"
the reasurer. .-,,,.o.
ARTICLE III-The objects and purposes
Of Tins corporation and the nature OF the
b,sinrss 10 be carried by 1t are hereby
declared 10 be to buy, sell, export ana I'M,
oort any and all merchandise OF every kihu
ard character, whether on commission OF d.
merchants or dealers; to act as torwdrdlhs'
exnortinp. importing and financial agents;
"a establish and conduct warehouses anu 70
do ali kinds Of commercial, brokerage ana
commission business; and, IN cohheT'ion
,Lsrewitb. 30 own hold, lease, buy, sell or
s.Sa-,.;ss acouire real, personal and mixed
o,oDertv of all kinds; with the right ana
rower To do any and all things necessary
or connected with or in any manner inui
dental or Complementary 10 the ooJe0'S anu
ARTICLE IV-The capital stock OF TINS
evacuation is hereby fixed at the sum OF
ONE HUNDRED THOUSAND DOLlARo
fslndOOm to be divided into and repre-
Nn,sd Inv one thousand GOOD shares IN
- sr,, Of one hundred dollars SlOOOO)
earb. said stock shall be paid tor IN cash.
tn canifal stock of this corporation may
he increased to the sum Of FIVE ~ NDNED
THOUSAND DOLLARS (SooO,UoO.oCJ. -
ARTICLE V-All the corporate. powers OF
.s,;J generation shall be exercised by a
b,ard OF directors consisting OF ave STOCK
holders, a majority OF whom shali Cohs :
quorum for the transaction OF business
Tbe Hoard of Directors shall elect annu-
III tom their number a president, vice
orssidents a secretary, and treasurer; Inc
first hoard of directors shall consist OF liVe
stockholders and shall be composed OF
Charlrs II. Coate Harold w. Oliver, James
NJ Reiev. Malcolm b. Coate and Fred w.
CoKte. with Charles b. Coate as PRESIDENT
Harold w. Oliver and James NJ. Beley' as
Nice Presidents Frederick w. Coate as sec
rotary, and Malcolm B. Coate as as, lraSu n.;d
The post office addresses of all OF sala
directors are as follows: Charles b. Soate'
New Orleans, louisiana; Harold w, Ollyer'
Houston. Texas; JAMES M Beley, memphis
Tennessee; Malcolm B. Coate, New o iIedns'
louisiana; Frederick W. Coa'e' Me"'pH'''
These directors and officers shall serve
until the first Wednesday of SEPTEMBER, I9iS,
or until their successors have oeeh uuly
elected and qualified; The annual d mee,l
sS,iI he held on the first Wednesday OF
September of each year, unless sara uay p
a legal holiday, and then on the next jam JAM
day thereafter. Each subscriber hereto se' ;
af,e- his name his post-office address ana a
s,aternent of the number OF shares OF stoCh
which he agrees to take IN the oorpor a a, I
AT all elections, every stocRnofueI el =
entitled 10 one vote for each snare Oh s'V ~
starding in his name on the DOCKS OF inc
q .ano,a,;or, N he cast in person or by his
written proxy. A majority OF the votes cast
'ARTICIE Win the event of the liqui
dation or dissolution OF TINS
stockbolders shall elect three hquluatoI'
fron among their number at meeting con con
vrnrd for that purpose, after fourteen w
dsvs' written notice sent TO each stoe ,!:
by uIxi to his last known ADDRESS, Sdl9 Iqu ~,
Jstors shall have the authority 30 VINO up
The business and affairs OF this corporation.
Tn case of the death of liquidator' tne
survivors shall appoint stockhoider aS SUE
cessor to him. - -, - r,od;-
G. ,Ib,nUed or altered or said corporation
NAV he dissolved, with the assent OF stoeN H
hoiders owning two fhirds OF the entlre caPl'
tai stock, at a general meetihg Vi se C.,
so,r,ser CIQ DAYS written notice shah nave
heen given TO each stakeholder maileo u
him AT his hast known address
ARTICLE ViliINo snos scr .h. t Contracts,
oil
Sas,lts or debts of said corporation IN any
f,,rther sum than the unpaid balance II any,
due the corporation on the STOCK Ior W. ~
he has subscribed; nor shall any soocNH 1i.
ever be held liable for such contraots' Iaui.
or debts in any further sum than the unPalu
balance, il any, on the stock owned oy nun
nor shall any mere informalhy IN orgahi-
,,t;on have the effect OF rendering this
.h.r,rr null or rendering any subscriber OF
stookholder liable beyond the unpaid amount
n any. remaining due on hrs stock:
ARTICLE IX-Ths corporation Is oss
,,;zed under the laws of the state OF Louis,
ANA and especially Act No. 2o1 OF lSl4' anu anu
,he subscribers hereto. for themselves ana
said coruoration, and for its officers oitec.
tors and stockholders, hereby accept, as part
81 his charter and as conditions OF THIS cor
porabion, all the rights. powers prlvieseII
and imnrunities granted to corporaeions, anu
Granted to and conferred upon ofticers, u
re.,tors and stockholders OF corporations ,oy
said laws and said act; such acceptance pc
inv as full, complete and binding as II sald
rights powers, privileges and lmInuniueS
were set forth at full length IN this instru'
ment. 49,, r
Thus Done and Passed in my Notorial OF,
fioe Al the City of New Orleans, aforesaid
"a the presencc of George II. Terriberry, and
Thomas Joseph Dobbins. competent witnesses
Of lawful age and residing in this city, VINO
hereunto subscribe their names, together win
said parties and me, notary, on the Gay anu
date set forth in the caption hereof. ~
Original Signed: Geo. FL. Ierrioerry' l.
/ Dobbins. o,>