The herald., 1918-10-03
CHARTER OF PUTNAM q NORMAN, INC

United States of America. State of Louis
lana, Parish Of Orleans. Be it known, that
on this the 10th day of September. One Thou
sand Nine Hundred and Eighteen, before
me. Watts X. Leverich a Notary Public,
duly commissioned and qualified in and for
the Parish of Orleans, State of Louisiana, in
the presence of the witnesses hereinafter
named and undersigned personally came and
appeared the parties whose are here
unto subscribed, who severally declared
That availing themselves of the provisions Of
the laws OF Louisiana, relative TO the orga
nization of corporations, they have contracted
and agreed, and do by these presents con-
tract and agree and bind and obligate them
selves, as well all such persons as may
become associated with them, to form them
selves into and constitute corporation and
body polite in law, for the objects and pur-
poses and under the conditions and stipula-
tons of the articles following, to-wit:
ARTICLE 1.-The name and style of said
corporation shall be Putnam x Norman, Inc,
and under its said corporate name it shall
have power and authority and enjoy success
sion for the full term and period of ninety
nine years from and after the date hereof; to
contract, and be sued, to accept and re-
ceive, as well as give and grant mortgages.
pledges or other hypOthecations, to make and
use corporate seal, and the same to break
and alter at pleasure, to purchase, receive,
lease hold or otherwise acquire, and con-
vey, as well as mortgage and hypothecate
under its corporate name property both real
point such managers and directors, officers
and agents, as the interests and conveniences
OF said corporation may require, to make and
establish, as well as alter and amend at plea
sure such bylaws, rules and regulations for
the proper management of the affairs of
said corporation as may be necessary and
proper.
ARTICLE 1.-THE domicile of said corpo-
ration shall be New Orleans, Parish of Or
leans, State of Louisiana, and all citations
nj hal he
the president of said corporation, or in
case of his absence upon the vice-president,
or in the absence of both of these officers
upon the secretary of the corporation.
ARTICLE III.-The objects and purposes
of this corporation and the nature of the
business TO be carried on by it, are and
hereby declared to be the con-
Quoting OF a cotton factorage, and sugar
factorage business, and the facto-age
OF staple crops of the United States, and a
general commission business, including the
advancing of money and supplies TO planters,
farmers and merchants, and a general mer-
camille business; to buy, sell or lease lands
and cultivate land, to buy and sell the ag-
| ricultural products of the country and mer-
chandise Of all kind. and this corporation is
especially empowered to purchase or other
wise acquire the good will and assets, or
any part thereof, of Putnam & Norman,
Limited.
ARTICLE IV.-The capital stock of said
corporation is hereby fixed at 100000, d.
vided into or represented by 400 shares of
the par value of $1,000 each. The whole of
said stock, or any part thereof, may be is
sued or delivered to any person, firm or
corporation for the requirement of the rights,
privileges, franchises, property, servitudes, or
any part thereof, owned and controlled by
such person or corporation, also in payment,
settlement and adjustment OF the costs, fees,
charges, expenses and commissions incurred
for services rendered in the formation and
organization of this corporation, and in ac-
curing and bringing about the purchase of
the property, rights and franchises afore-
said, also for cash or in installments of such
amounts as the board of directors may de-
termine, also for merchandise received, or
for services actually rendered to this com
pany. The board of directors hereinafter
created is specially authorized to dispose
| of the stock or any part thereof for any and al
OF the purposes above stated, as in itsjulg-
nent may seem fair and proper. Before any
! stakeholder can sell the whole or any par!