The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-22

tSigned) EMILE j. LEONARD, II. X.
\ true copy of the original on file in my
office,
AUGUST G. WILLIAMS.
Notary Public.
April 17-NIay %
CHARTER OF EXPORT TRANSFER
COMPANY, INC.
State of Louisiana, Parish of Orleans.
City of New Orleans. BE it known, that
on this fifteenth day of the month of
April in the year of our Lord Nineteen
Hundred and nineteen and of the indie
pendcnce of the United States of America
the One Hundred and forty-third, before
me- j. Henry FOrcelle, Jr, Notary Pub
lie 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
several persons whose names are hereto
subscribed, who Severally declared that
ayailing themselves of the provisions of
the general laws of this State, providing
for the org aniZation of corporations, partic-
ularly Act 267 of 1914, they have covenant
ed and agreed and by these presents
covenant. agree and bind themselves as
well as all such persons as may hereafter
become associated with them, to form and
constitute Il corporation and body polite
in law, for the objects and purposes and
under the stipulations and agreements
ARTICLE 1.-The name and title of this
corporation shall be Export Transfer Com
pany Inc, and it shall exist and enjoy
succession by its corporate name and for
a period of ninety nine (99) years from
date hereof, unless sooner dissolved. with
all the rights and powers now or hereafter
conferred by law upon similar corpora
tionS. Its dOmicile shall be in the City
of New Orleans, Louisiana, and all eta
tons and other legal process shall be serv-
ed upon the President and in the event
of his absence or inability to act, upon
the Vice-President or Secretary, in the
order named.
ARTICLE 1.-THE objects and purposes
for which this corporation is organized
and the nature of the business to be
carried on by it are declared to be to
conduct a general drayage and carriage
business, to own, have or hire carts,
wagons, drays, trucks, floats and other
vehicles, to hire the. same, to contract for
the hauling and delivering of goods and
materials of any and every description
to all or any part of the City of New
Orleans or surrounding Parishes, to own
and operate repair shops and generally to
do anything necessary touching or con-
corning the business herein contemplated
ARTICLE 1II.-The capital stock of this
corporation is hereby fixed at Ten Thou
sand Dollars ($10.000.00) to be divided into
One hundred Q00) shares of One Hundred
Dollars (S1OO.O0) each; which said stock
shall be paid for in cash or in property
and good will transferred to said corpora
ton or in work done for, or services
rendered to said corporation, as may be
decided by the Board of Directors and
upon terms to be fixed by said Board of
Directors. All transfer of stock shall be
made on the books of the corporation.
and no transfer of stock shall be in any
way binding on the corporation unless
and until'it is made in the above described
manner. No stakeholder of this corpora
sale, either privately or in the open
market, without having previously offer
ed to sell said stock, at its book value,
to the stockholders then of record in said
Hon htnh anti Nn
must be exercised within ten days. Each
share of stock shall entitle the owner
thereof, either in person or by proxy to
cast one note at all general meetings. The
capital stock of this corporation may be
increased to Twenty-Five Thousand Dol
lars (S25, 100000.
ARTICLE IV.--AIl the corporate powers
of said corporation shall be vested in and
exercised by Board of Directors COM
posed of at least three stockholders, to
be elected at an annual meeting of stock
holders to be held on the first Tuesday
in April of each year; if the date fixed
for said election fall on a legal holiday,
then said election shall be held on the
first day thereafter not a legal holiday.
All such elections shall be by ballot. OF
such elections at least fifteen days previous
notice shall be given to each stakeholder,
either personally or by depOsiting the
same in the Post Office, properly ad-
dressed. A majority of the votes cast
shall elect, and each share of stock shall
be entitled to one note to be cast by the
owner in person or by proxy. The Direc-
tors thus elected shall serve and con-
tinue in office for one year or until their
successors shall have been duly elected and
shall have qualified. A failure to elect
Directors on the date above specified shall
not dissolve the corporation, but the ex-
listing Board shall cause another election.
to be held within thirty days thereafter,
whereof fifteen days previous notice shall
be given as above provided for. Any
vacancy occurring in the officers or Board
from any cause whatsoever shall be filled
for the uneNpired term by the remaining
Directors. Any Director who may be alb
sent from the City of New Orleans shall
have the right to appoint any shareholder
of the corporation to vote for him at any
meeting of the Board and such proxy
shall have and exercise all the powers of
such Directors appointing him. The Of
ficefs of this corporation shall consist of
President, Vice President, Secretary and
Treasurer, but the offices of Secretary
and Treasurer may be filled by one and
the same person. The Board of Directors,
at their first meeting following each
annual election, shall elect from their num-
Der a President, Vice President, Secretary
and Treasurer, who shall continue in Of
flee for one year from such election or
until their successors are elected and have
qualified. Said Board of Directors shall
have full power and authority to exercise
all the powers conferred on this corpora
ton by these articles of incorporation, or
which are or may be permitted by the
hNS appHcaDie TO corporations. Inc Board
of Directors shall fix the number necessary
to constitute a quorum of said Board for
the transaction of all business.
ARTICLE V.-This act of incorporation
may be changed, altered or amended or
this corporation may be dissolved and
liquidated at any time, in any manner
not inconsistent with any provisions that
may be prescribed therefor by the laws
of the State of Louisiana.
ARTICLE VINO shareholder shall ever
be held liable or responsible for the con-
tracts or faults of this corporation, in any
further sum than the unpaid balance
due on shares of stock owned by him; nor
shall any informality in organization have
the effect of rendering this charter null
or of exposing any shareholder to any
liability beyond the unpaid balance due
on his stock; nor shall any informality
or irregularity in organization have the
effect of rendering any shareholder liable
as a partner.
ARTICLE vII.-The following named
persons shall constitute the first Board of
Directors and shall serve until the first
Tuesday in April 1920. or until their sue
cessors shall have been elected and quail
fled, to wit: William J. Harrison, 30
Board of Trade Building, New Orleans.