The herald. [volume] (New Orleans, La.) 1905-1953, 1919-04-24
CHARTER.
CHARTER OF p. I. FLoRIo CO., INC.

/ II New Orleans BE IT known. that on lh.s
seventh day OF April, III the wear one cG1i.
sand, nine hundred and nineteen. B,;prc
NE, William N liier \ Jul Z. Notary Hgy.ig,
( i'm and for the Parish OF Orleans. STATE Il
Louisiana, duly commissioned and quail
fled, and IN tie presence Of the witnesses
hereinafter named and undersigned; person.
/ Lly came and appeared the several persons
. whose names are hcrcuutJ subscribed, all
. above the flli age OF majority. who sever
ally declacei that. ayalliug taDmselyc, Of
the laws ui the State OF Louisiana, and Is,
. pcgla!ly the laws relative - the organize
ton OF corporations they have cJycuarted
and agreed - bind. form and constitute
/ themselves We. as all such other per
. sons as may hereafter join ur become a.,
ISOLATED with them. into a corporation and
body polite ia law. Tor the objects and pug
poses and under the articles. agreements
and s,ipuIatlous following. t.-wit:
ARTICLE The name. style and title Of
Inc. and. under Tia, name. it shall have
and enjoy all the rights advantages and
privileges granted hy law % corporations.
and shall exist fr- the full term and period
of Ninety nine wears from this dtv 1t
shall have power 10 contract, sue and be
sued: L. make aul use corporate seal, and
the same - alter and break At pleasure: to
hold. receive. lease. purchase. sell and convey.
as well as mortgage, hypJtlecatc and pledge
and incorporcal: T., name and appoint such nan
rtrrs. directors, Officers, agents and other
employees a. its interest and convenience
may require and to make and establish. a,
we'll a, alter and amend. from time - time,
such bylaws. rules aud regulations as may
be necessary and cNpcd.rut for the proper
MANAGEMENT and government Of the affairs
OF said corporation.
ARTICLE 1.-THE t3micile uf this cor
plrati,l IS hereby fixed in the CITY Of New
Orleans. State Of Louisiana. and all cita-
tious or other legal process shall be served
upon the President Of said corporation, or,
IN his absence. upon It's Secretary Treasurer.
ARTICLE IIT-The objects and purposes
# this CORPORATION and the nature If the
business 10 he carried ON by it are hereby
declared to be 10 carry on business as
>,cvelores in the City Of New Orleans and
elsewhere; t. by and sell all kinds ot ap-
planes necessary. useful or convenient %
the proper operation uf said business and
generally 70 do any aud all things cpmpli-
mentary or incidental to the stevedorins
ARTICLE IN-The capital stock OF this
corporation : hereby fixed at the sum oi
Five Thousand CS5W00W Dollars, 70 be d.
vlded into and represented by Fifty l51
. shares in the sum Of One Hundred C$l0OGI
Dollars each; said stock shall be paid foI
when. and in such iuStallments. as directed
: by the Board Of Directors. The capita
. stock NJ this corporation may be increased
to the sum Of Fifty Thousand (S50oOOO0
f Dollars.
r ARTICLE V.-All the corporate powers o
p said corporation shall be exercised by
p Board Of Directors consisting OF not les
I than three nor more than five stockholders
p three of whom shall constitute quorum 70
the transaction OF business. Directors ma,
p vote in person or by proxy. The Board o
4 Directors shall. at its first meeting, elec
T. from among its members a President. Vice
n | President. and a Secretary Treasurer, Wit
r shall hold office during the term Of tn
Y Board making such election. and in case o
e vacancy in any Of the said Positions tn
r. same shall be filled by election by tn
g Board Of Directors. The first Board of Di
f rectors of this corporation shall consist 0
: four stockholders. and shall be composed o
: William II. IIendren; Robert J. Carriere; Al
o bert J. Buja. and Devereaux Bacon, VIII
; shall serve until the first Tuesday in Janu
: ary, 1920. or until their successors shall hav
I Post-office addresses OF said Directors are a
\ follows: 70 William II. Hendren, 1919 Whit
u ney-Central Building. New Orleans, La.
- | Robert J. Carriere, 1919 Nhitney-C entrd
i, Building. New Orleans, La; Albert ]. Buja
= | l2lG Whitney Central Building. New Orleans
La: Devereaux Bacon. II Broadway, Ne,
. York, y. Y. The annual meeting OF stock
i holders for the election of directors shall b
il held on the third Tuesday in January, o
: each wear, unless said day be a legal holi
# day and then on the next bank day there
= after Any vacancy occurring among tn
: directors by death, resignation or otherwise
It shall be filled by election for the unexpire
:, term by the remaining directors Each sub
: scrber hereto sets after his name his post
h office address and a statement Of the nun
= Der of shares of stock whish he agrees to tax
r in the corporation. At All elections. ever
d stakeholder shall be entitled to one vote 70
!, each share of stock standing in his nam
r on the books OF the corporation. to be cas-
r in person or BY his written proxy. a ma
4 ioritv Of the votes cast shall elect.
u ARTICLE Win the event of the liqul
{ dation or dissolution of this corporation
: the stockholders shall elect three liquidator
g from among their number at a meeting cor
y vened for that purpose. after fifteen 05
II days written notice sent to each stockhold
y | er by mail to his last Known address; sal
> ! liutridators shall have the authority to win
: up the business and affairs of this corpora
: ton. In case of the death of a liquidation
r the survivors shall appoint a stakeholder 4
V successor to him.
; ARTICLE Widths charter may b
5 modified. changed or altered, said col
r poration may be dissolved. with the asser
e OF stockholders owning twO-thirds of the er
e tire capital stock. at a general meeting
z the stockholders convened for that purpose
Y after fifteen 00 days written notice sha
d have been given to each stakeholder, male
II to him at his last known address.
S ARTICLE NIII.-No subscriber for stoc
e shall ever he held liable for the contract
: faults or debts OF said corporation in an
n further sum than the unpaid balance,
5 any, due the corporation on the stOc
- for which he has Subscribed NJ
IL shall any stakeholder ever be hel
y liable for such contracts. faults
y debts in any further sum than the unpai
e balance if any due on the stock owned b