The herald., 1918-02-21

Orleans.
he it known, that on this day. tn,
NTH day of the month of Febrnarv :,
the year of our Lord one thousand min,
hundred and eighteen: and of the. Inde
hthdence of the United States of America
t snr one hundred and forty second; be
iore me, BuSSiere ROuen. a notary publi,
IN ana for the Parish of Orleans. State
OF Louisiana, duly commissioned sworn
ana qualified. and in the presence of the
witnesses hereinafter named and under
signed personally came and appeared
Inc parties whose names are under
signed, who did declare that. awaiting
themselves of the provisions of the laws
oI TINS state. relative to the organization
OF corporations, and especially the pro
visions of Act No. 2G7. passed by the
General Assembly of this State during
the year 1914, the laws amended thereby,
ana the laws existing in this State other
/ than said Act No. 267 of 1914 they have
coNehanted and agreed, and do, by these
presents, covenant and agree and bind
themselves. their successors, their heirs
ana assigns, to form and hereby form
themselves into, and constitute Them
| selves and their successors. into a cOrpor-
AKRON Tor the objects and purposes fol-
low IG, tO-wit:
ARTICLE 1.-The name. style and title
OF THIS CORPORATION shall be WEATHER.
FORD CRUMP & COMPANY, INC" and
aii tbo Sald corporate name it shall have
an me powers and authority granted by
the laws of this State to. and not express
ly withheld from. corporations
ARTICLE 1.-THE objects and pur-
poses OF this corporation are declared
generally, TO be the conducting of a gen
eral cotton business. including the buy-
ing anG selling of cotton. and the oper-
alton of warehouses and congresses and
all other business connected with the said
general cotton, warehouse and COMPRESS
business, growing out of such business
or necessary for the said objects and pur-
poses, and in so doing, the said cOrpora-
ton shall have power to purchase reaI
personal or mixed property, of all kinds
ana the same TO hold and dispose of AT
their convenience.
ARTICLE lII.-The present amount of
capital stock of this corporation is Two
hundred thousand dollars $500 OOO) diyid-
ed into two thousand (2.OOW shares of
(SlOoD each, and certificates for either
whole, or fractional, shares NAV he is
Sur,l said stock shall he payable in
c" Tho or property as provided by law.
ital stock may hereafter be increased is
hereby declared to be Five hundred thOn-
Sahd dollars tSo0OOO0). to be represented
by certificates of stock of the par value
OF one hundred dollars ($IOO) each
All or the capital stock of this cOrpOr-
anon Is to be common stock, and this
CORPORATION shall commence business as
now provided by law.
Each share of stock shall entitle the
holder and owner thereof to one vote, to
De cast either personally, or by written
n
title the holder and owner thereof TO such
fractional part of one vote as is repre-
scented by his fractional share of stock
ARTICLE lV.-The said stock shall be
only partially, or cOnditionally the sub
lect of sale and transfer, and no stock
presently subscribed for or issued, or
hereafter subscribed for or issued. shall /
De the subject of sale or transfer except |
only after the subscriber or owner shall /
first have offered the said stock for sale
TO the other stockholders then holding /
ana owning the balance of the stock of .
THIS corporation by n written offer for a
term OF not less than thirty 800 DAYS,
addressed to said stockholders of record
upon the stock register, or stock books
Dl TINS corporation, at the last address
shown thereupon: which said offer shall
be at the book value of the said stock as
shown by the books of the corporation
u the next preceding annual meeting, at
Nhlch price, and for which term, any or
III OF the existing stockholders shall be
entitled to purchase the whole or a pro
1ortional part, thereof.
, Ana this provision and condition precP-
lent to the sale. transfer resale or re-
ranSfer of the stock of this corporation.
$ presently agreed to by all of the sub
crIners to the stock of this corporation
IN their own behalf as well rs on behalf of
helr heirs, assigns and successors and
; accepted by them as a material pro-
'ision. condition precedent and warranty,
FL part OF their subscription TO the
ARTICLE N.-The dOmicle of this cor
'oration shall be in the city os,JSey Or
e e. Sib state fo OF Louisiana I'd SOtes aden
lpon the President, or in e gl;Scseneraiiyle ,
lice President, or other o hlse an., |
+ process, ~ Id" ~ fcarryinrce
ARTICLE vI.-This CORPORATION shall
yist for term of ninety-nine (99) years, c
MESS liquidated prior thereto, as now {
ARTICLE VII.-AH corporate powers $
f this corporation shall he exercised by 0
nd through Board of Directors to be O
opposed of not less than three 90 nor {
lorc than seven 90 stockholders, which j
aid directors shall have the right to vote 5
ther in person or by written proxy. d
The Board of Directors shall be en- T
owered, and have the right. to hold di- o
tate Of Louisiana. or within the State n
Louisiana elsewhere than at the cor n
OratiOn's domicile. n
The officers of this corporation shall be
President, Eice-President, a Secretary
nd Treasurer, and more than one Of {
e may be held by one member of the P
GARD. 7
The corporate powers of this corpora- 1
on shall be exercised by the officers, in :,
cordance with the general laws of this u,
ate and with the bylaws of this cor n.
,ration. d;
ARTICLE vIII-The officers for the u
suing year shall be:
William Weatherford, President, Hous- +,
n. Texas; Norman Mayer, Vice-Presi- II.
mt, New orleans, La; lmmell ID. Fra ! y.
E, Secretary and Treasurer, New Or 81
ms, La.
The said officers shall act as such and IS
Id Office until their successors are w
cited, and in the event of failure to llC
ct officers at any annual election. the er
icers then acting for the said corpora sh
N shall hold office until their success
IS are elected at a general stockhold- be
! meeting of this corporation, and shall Co
We qualified; which said annual election ste
all be held on the third Monday in Of
nuary of each year, except when the ste
d date shall fall upon a legal holiday ff
which event the said meeting shall be
d upon the next following legal day. he
Iii elections shall be by ballot and the of
jOrity of votes cast shall elect; and the
b share Of stock entities the owner and sto
der thereof to one vote, and the own sh:
and holder of fractional shares of the
ok shall be entitled to such fractional of
t OF one vote as their fractional share be,
rs to one share, which said votes NAV sto
cast In person or by written proxy. I
lRTICLE IX.-All checks shall be the
ned by two officers of this corporation !,
all contracts shall be in writing and ,bs
ned and executed by two officers of ale
; corporation. including the President, Of
en- possible. "
'hus done and passed in my office in 1,r