The herald., 1918-02-14
CHARTER.
United States of America State Of Louis
lana, Parish of Orleans. City of New
Orleans

Be it known, that on this day. the
| NTH day of the month of February, in
| the year of our Lord one thousand nine
hundred and eighteen; and of the indie
pendcnce of the United States of America,
the one hundred and forty second; be-
fore me, BuSSiere ROuen. a notary public
| in and for the Parish of Orleans State
of Louisiana, duly commissioned, sworn
and qualified, and in the presence of the
witnesses hereinafter named and under
signed, personally came and appeared:
The parties whose names are under
signed, who did declare that, availing
them selves OF the provisions of the laws
OF this state. relative to the organization
OF corporations, and especially the pro-
visions of Act No. 261, passed by the
General Assembly of this State during
the year 1914, the laws amended thereby,
and the laws existing in this State other
than said Act No. 267 of 1914 they have
cOvenanted and agreed, and do, by these
presents, covenant and agree and bind
h6msolves. their successors, their heirs
and assigns, to form and hereby form
themselves into, and constitute them
selves and their successors. into a corpor-
alton for the objects and purposes fol-
low ing, tO-wit:
ARTICLE 1.-The name. style and title
Of this corporation shall be "WEATHER-
FORD CRUMP & COMPANY, NC" and
under said corporate name it shall have
al me powers and authority granted by
the laws of this State to. and not express
ly Withheld from. corporations.
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-
atl0n or 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
ti0n shall have power to purchase real
personal, or mixed property, of all kinds
and the same to hold and dispose of at
their convenience.
capital stock of this corporation is Two
hundred thousand dollars (S2OO, OOO) divid-
ed into two thousand (2,OOO) shares of
the par value of one hundred dollars
(sl0o) each, and certificates for either
whole or fractional, shares may be is
sued. Said stock shall be payable in
cash, or property, as provided by law.
The amount to which the present CAP
1tal stock may hereafter be Increased is
hereby declared to be Five hundred thou
sand dollars ($500,0O0). to be represented
by certificates of stock of the par value
of one hundred dollars ($lOO) each
All of the capital stock of this eorpor-
alton is to be common stock, and this
corporation shall commence business as
now provided by law.
Each share of stock shall entitIe the
holder and owner thereof to one vote to
be cast either personally, or by written
proxy: and each fractional share shall en-
fractional part of one vote as is repre-
scented by his fractional share of stock
ARTICLE IV.-The said stock shall be
only partially, or cOnditionally, the sub
Ject or 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
hrst have offered the said stock for sale
TO the other stockholders then holding
ana owning the balance of the stock of
this corporation by a written offer for
term of not less than thirty (3Ol DAYS
addressed to said stockholders of record
upon the stock register, or stock books
OF this corporation, at the last address
SHOWN thereupon; which said offer shall
be ut the book value of the said stock as
shown by the books of the CORPORATION
at the next preceding annual meeting at
which price, and for which term, any or
all OF the existing stockholders shall be
entitled to purchase the whole or a pro
portional part, thereof.
Ana this provision and condition prece-
dent to the sale, transfer. resale or re-
transfer OF the stock Of this corporation,
is presently agreed to by all of the sub
scrlhers to the stock of this corporation
on their own behalf as well as on behalf of
their heirs, assigns and successors, and
vision, condition precede,t and warranty,
as part of their subscription to the
stock In this corporation.
ARTICLE N.-The dOmicile of this cor
pNAo'ioh Shdh Dt III the CITY OF New Or
leans, State of Louisiana, and all citation.
or other legal process, shall be served
upon the President, or in his absence. the
Vice President, or other officer or agent
now authorized by law to receive service
of process.
ARTICLE VI-This corporation shall
exist for q term of ninety nine 1907 years
unless liquidated prior thereto, as now
provided by law.
ARTICLE VII.-All corporate powers
or this corporation shall be exercised by
AMI through a Board Of Directors to be
co imposed Of not less than three 49, nor
mi re than seven ca stockholders, which
sa' directors shall have the right to vote
elf Ter in person or by written proxy.
he Board Of Directors shall be en-
powered, and have the right, to hold d.
rectors' meetings either outside of the
Sta.e Of Louisiana, or within the State
of Louisiana elsewhere than at the cor
poi atoms domicile.
The officers of this corporation shall be
a President, Vice-President, a Secretary