The herald., 1919-10-09
JrtAhlER.

presses and congresses: to purchase, lease.
suitcase. own and operate warehouses; I"
carry on the business of public warehouse
man to issue warehouse receipts, negotiable
or negotiable; and to do any ana all
things Complementary or incidental to a gen
eral warehousng and COMPRISING business.
ARTICLE IV-The capital stock Of this cor
poration is hereby fixed at the sum of one
Hundred Thousand t$lUU,OUu.0U) Dollars. to be
divided into and represented by One lhou-
sand G,UuyD shares, Of the par value OF One
Hundred (SlOU.UUl Dollars each said stock
shall be paid for when and in such INSTALL
mentS as directed by the Board OF Directors
The capital stock OF this corporation may be
increased to the sum OF TWO Hundred and
Fifty Thousand l$25o.oVooo) Dollars
ARTICLE N.-All the corporate powers oi
this corporation shall he exercised by Il Board
of Directors, consisting OF not less than three,
nor more than sin stockholders, three OF
whom, either present in person or represented
by proxy held by another Director. snail CON
/ StituJe a quorum Tor the transaction OF all
business. The Board of Directors shall elect
annually from their number a president, a
vice-president and secretary and treasurer.
1 he BOARD of Directors may join the oIilccs
of secretary and treasurer and may elect one
person to hold both offices, may elect
person who is not a stockhoder for the office
( of secretary. The first Board of Directors
shall consist of five stockholders, and shall be-
composed OF George ). freirSun, Bayhs +.
Harriss, Clarence {. Bryan john f. t!nhe'
Jr., Charles Ii. FrIersOn and Floyd W. Nor
gan, with the said George ). trlersun as pres
ident Baylis f. Harriss as Vce-president and
Clarence c. Bryan as secretary
The postofTice addresses OF said Directors
are as follows: George 5. Freirson, 1920 Henry
Clay Avenue, New Orleans. La. Bayhs +.
Harriss, Galveston. Tex. Clarence {. Bryan,
| l4Ul South Peters Street, New Orleans, La ;
| John +. tinke Jr., $40 Union Street, New Or
! leans La; Charles ii. trerson, llO4 State
! Street, New Orleans, La. Floyd W. Morgan,
| 1885 Pine Street, New Orleans, La lneSe
| Directors shall serve until the third W ednes-
/ day OF September 1920. until their success
/ sors have been duly elected and quaiIned Ihe
! annual meeting of stockholders for the cleo
| ton of Directors shall be held on the third
! Wednesday of September of each year, unless
! said day be legal holiday, and then on the
! next bank day thereafter. Any vacancy oc-
! curing among the Directors by death, resigna-
/ ton or otherwise. shall be filled by election
| for the uneNp ired term by the remaining Dl-
! rectors Each subscriber hereto sets after hls
| name his postotfice address and "A statement
! OF the number OF shares OF stock which ne
! agrees to take in the corporation. At all cleo
! tions every stakeholder shall be entitled TO
one vote for each share of stock standing III
/ his name on the books of the corporation. To
! be cast in person or by his written proxy y
majority of the votes cast shall elect.
! ARTICLE Win the event of the liquida
! ton or dissolution of this corporation the
/ stockholders shall elect three HquIdatOrs from
/ among their number at meeting convened
| for that purpose, after fifteen (l5) days writ
| ten notice sent to each stakeholder by mail 10
! his last known address; said hquldatorS shan
| have the authority to wind up the business
! and affairs of this corporation. In case OF the
| death of IA hquIdator the survivors shall ap-
point stakeholder as successor to him.
ARTICLE VII.-This charter may be mod-
! fed, changed or altered, said corporation
| may be dissolved, with tine assent OF stock
| holders owning two-thirds of the entire cap
| ital stock, at a general meeting OF the stock
holders convened for that purpose, after fifteen
| Q5) 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 be held liable for the contracts, faults or
debts of said corporation in any further sum
than the unpaid balance, If any, due the cor
poration the stock for winch he has sub
| scribed nor shall any stakeholder ever be held
liable for such contracts, faults or debts IN any
| further sum than the unpaid balance, If any,
| on the stock owned by him nor shall any mere
| informality in organization have the effect OF
| rendering this charter null, rendering any
| subscriber or stakeholder liable beyond the un-
paid amount, if any, remaining due on his
| stock.
| ARTICLE IX-This corporation is organ
lied under the laws of the State of Louisiana,
and especially Act No. 267 of 1914, and the
SUBSCRIBERS hereto, LOT themselves ana Sdlu COT
! poration, and for its officers, Directors and
| stockholders. hereby accept, as part OF tins
charter, and as conditions of this corporation,
all the rights, powers, privileges and i'm
munities granted TO corporations and granted
! to and conferred upon officers, Directors and
| stockholders of corporations by said laws and
| said act; said acceptance being as full. COM
pIete and binding if said rights, powers,
| privileges and mmunties were set forth al
full length in this instrument.
Thus done and passed in my Notarial office
| in the city of New Orleans aforesaid, in the
| presence of Frazer l.. Rice and Daniel Con-
way Finan, competent witnesses of lawful age
| and residing in this city. who hereunto sub
scribe their names, together with said parties
| and me, Notary. on the day and date set
| forth in the caption hereof.
Original Sgned) Names of subscribers
omitted.
Witnesses: Frazer L. Rice. D. Conway
! Finan.
(SeaD w. W. Young,
Notary Public.
I, the undersigned Recorder of Mortgages
| in and for the Parish of Orleans, State OF
louisiana do hereby certify that the above and
foregoing Act of Incorporation of Union Com
press Company Inc, was this day duly re-
corded in my office, in Book 1881, Folio Az.
New Orleans, La, Sept. %, 1919.
(Signed) EMILE J. LEONARD, by. R.
l hereby certify the above and foregoing to
be true and correct copy of the original act
| on file and of record in my office.
In faith whereof l hereunto set my hand
and seal, this 25th day of September, 1919.
W. w. YOUNG,
Notary Public.
Oct. 2-Nov.6