The herald. [volume] (New Orleans, La.) 1905-1953, 1918-12-19
CHARTERS

| of this corporation and the nature OF the
business TO be carried on by it are hereby
declared to be to carry on business steve
dores in the City Of New Orleans and vicIn
ity; TO load and unload freight TO and from
railroad cars, and in connection Herewith
to buy and sell trucks, wheelbarrows, hoist
ing machinery, apparatus, donkey engines
draft animals and all kinds Of appliances
necessary. useful or convenient 10 the
proper transaction of the business of steve
dores, and generally TO do any and all
things complementary or incidental to the
ARTICLE IV-The capital stock OF this
corporation is hereby fixed at the sum OF
Twenty Thousand (S20,oO0O Dollars, to
be divided into and represented by. Two
Hundred (200) shares, in the sum of One
Hundred $4,000 Dollars each; said stock
shall be paid for when, and in such Install
ments, as directed by the Board OF Direc-
tors. The capital stock of this corporation
may be increased to the sum of Fifty Thou
ARTICLE V.-All the corporate powers OF
said corporation shall be exercised by a
Board of Directors consisting OF three stock
holders, a majority of whom shall consti-
tute a quorum for the transaction OF busi-
ness. The Board of Directors shall elect
annually from their number a President, a
Vice-President, and Secretary-lreasurer:
The first Board of Directors shall consist of
of Gerard Raymond, John ID. Norman and
Brenkie c. Pitts, and it shall elect from
its number a President, Vice-President, and
Secretary Treasurer, who shall serve until
the third Monday in November, 1919. The
Postoffice addresses of said Directors are
as follows: Gerard Raymond, 1921 Coliseum
Street. New Orleans, La; John ID. Norman,
l4l4 ITALIA Street, New Orleans, La; Bren-
kie C. Pits, 22lS Brainard Street, New Or
leans. La. These directors shall serve until
the Third Monday in November, 1919, or I'M
til their successors have been duly elected and
qualified. The annual meeting of stock
holders for the election of directors shall
be held on the Third Monday in November,
of each year, unless said day be a legal
holiday, and then the next bank day
thereafter. Any vacancy occurring among
the directors by death. resignation or other
wise, shall be filled by election for the I'M
Each subscriber hereto sets after his name
his post-office address and a statement of
the number of shares of stock which he
agrees to take in the corporation. At all
elections, every stakeholder shall be entitled
TO one vote for each share of stock standing
in his name the books Of the corporation,
to be cast in person by his written
proxy. A majority of the votes cast shall
elect.
ARTICLE Win the event of the liqui-
dation dissolution of this corporation, the
stockholders shall elect three liquidators
from among their number at a meeting con-
vened for that purpose, after Fifteen Q5
days written notice sent to each stakeholder
quidators shall have the authority to wind up
the business and affairs of this corporation.
In case of the death of liquidator, the sur
vivors shall appoint a stakeholder as sue
cessor to him.
ARTICLE VII.-This charter may be modi-
fled, changed or altered, or said corporation
may be dissolved, with assent of stockholders
owning two-thirds of the entire capital stock
vened for that purpose, after fifteen Q9
days written notice shall have been given
to each stakeholder, mailed to him at his
last known address.
ARTICLE VIII.-No subscriber for stock
shall ever be held liable for the contracts
faults or debts of said corporation in any
further sum than the unpaid balance IL any,
due the corporation on the stock for which
he has subscribed; nor shall any stakeholder
ever be held liable for such contracts faults
or debts in any further sum than the I'M
paid balance, if any, on the stock owned by
him. nor shall any mere informaity in or
ganization have the effect of rendering this
charter null, or rendering any subscriber or
stockholder liable beyond the unpaid amount,
II any, remaining due his stock
ARTICLE IX.-This corporation is orga-
nized under the laws of the State of Louis
lana, and especially Act No. 267 of 1914, and
said corporation, and for its officers, direc-
tors and stockholders, hereby accept, as part
OF this charter and as conditions of this cor
poration, all the rights, powers, privileges
CORPORATIONS,
granted TO and conferred upon officers, di-
rectors and stockholders of corporations by
SAID laws and said act; such acceptance be-
ing as full, complete and binding as if said
rights, powers, privileges and immunities
were set forth at full length in this instru.
ment
ARTICLE X.@The said appearers declared
that they subscribe, respectively, to the fol.
lowing number of shares of the capital stock
of this corporations: Gerard RAYMOND. fortv-
shares. ID
shares; Brenkie c. Pitts, six shares. Thirty
shares OF the stock subscribed for by Ger.
rard Raymond shall be paid for and settled
py the transfer to this corporation of the
Following described property, now used by
HIM in the stevedoring business heretofore
conducted by him; to-wit Fifty-six large
cargo trucks; thirty-six small cotton trucks:
eighteen lumber skids; ten lumber uprghts,
laneous. Which said above described prop
erty has been appraised by the Directors of
this corporation at the sum of Three Thou
sand CS3'Ooo0O Dollars.
?. Thus done and passed. in by Notarial OF.
flee, in the City of New Orleans aforesaid.
in the presence of Henrietta Arata, and
George II. Terriberry, competent witnesses
Of lawful age, and residing in this City, who
iereunto subscribe their names, together with
said parties and me, Notary, on the day and
late set forth in the caption hereof.
:, witnesses; Henrietta Arata. Geo. H. |
lerriberry. Original Signed G.. Raymond, |
y shares, 1921 Coliseum ST., New Orleans, |
Ia; J. ID. Norman, ~ shares. I4l4 Thalia St, |
Sew Orleans. La. Brenkie c. Pitts, s shares, |
2ls BIainard ST., New Orleans, La. w. w. |
YOUNG, Notary Public
l, the undersigned, Recorder of Mortgages. |
n and for the Parish of Orleans, State OF |
louisiana, do hereby certify that the above |
md foregoing Act of Incorporation of the |
Raymond Stevedoring Co., Inc, was this |
lay duly recorded in my office, in Book l222 (
.olio 59S. New Orleans, November 2Sth.
9lS
.(SigneO EMILE J. LEONARD, DIV. R.
A true copy of the original
w. w. YOUNG, Notary Public.
Nov. %; Dec. s-l2-lo-o6; Jan. 2