The herald. [volume] (New Orleans, La.) 1905-1953, 1919-04-10
CHARTER OF BLoDGETT NAVAL
STORES COMPANY, INC.

STORES COMPANY, INC.
United States Of America, State Of Louis
! lana, Parish Of Orleans, City Of New Or
leans. Be II known, that on this Eighteenth
day Of the month Of March in the year Of
our Lord, One thousand Nine Hundred and
| Nineteen, and Of the Independence ot the
| United States Of America, the One Hundred
and Forty third Before me, Charles l.
Denechaud, 4 Notary Public, duly commits
stoned and qualified, i'll and for the Parish
OF Orleans. therein residing, and in the
presence OF the witnesses hereinafter named
and undersigned. Personally came and ap-
peared, the parties whose names are here
to subscribed. all of full age and residents
OF tins Parish and City. who declared: that
| awaiting themselves OF the laws IF the State
| OF Louisiana in such cases made and pro-
| vided, and particularly Of the provisions OF
| Act 2W and Of the Acts 81 the General As
| se,nbly Of the State of Louis for the year
| 1914, they have c5veuanted and agreed and
| do, by these presents, covenant and agree
and bind themselves, well as such per
| sons as may hereafter join or become as
| ISOLATED with them. to form and constitute
| a corporation and body polite in law, for
| the objects and under the articles and stipu-
| lations hereinafter set forth and expressed.
which they adopt as the Charter of this
! Corporation. to-wit:
| ARTICLE 1.-The name and style of this
corporation shall be Blodgstt Naval Stores
| Company, Inc, and under its said corporate
name it shall have and enjoy corporate ex-
lstence and succession tor the full term and
period OF nlnety-nIne (99D years from and
| after the date hereof; to contract sue and
| be sued. 10 make and use 4 corporate seal.
! and the same 10 alter and break al pleasure;
| 10 hold, receive. lease, purchase and convey
| as well as mortgage and lypotheca.e proper
| ~, real, personal and mixed. corporeal and
incorporeal; 70 own and hold stocks and
bonds OF other corporations; 70 name and
| appoint such managers, agents. directors and
officers as its business or convenience NAV
require, and TO make and establish as well
| as alter and amend, from time TO time such
bylaws rules and regulations for the proper
government of the affairs of said corpora
ton as may be necessary and proper
| ARTICLE 1.-THE domicile Of said cor
poration shall be in the city OF New Or
leans. State of Louisiana, and all citations
and other legal processes shall be served
upon the President, or in the event of his
absence or inability TO act. then they shall
| be served upon .the Vice President. who is
acting President, Of said corporation, and in
! the event OF his absence of inability 70 act
| then upon the Secretary Treasurer
| ARTICLE ll1-The objects and purposes
tor which this corporation is organized and
the nature OF the business to be carried on
| by 1t, are hereby declared TO be: TO own
possess, lease, sell, operate and work mines
| OF any and all kinds; and to own. lease.
suitcase, buy and sell lands. timber. tur.
pentlne, turpentine stills, sawmlls, planning
mills, etc; and all the by-products of tim.
Der; to operate, establish and lease rurnen
tine stills or anything connected therewith.
10 own, build, operate and lease railroads |
ram-ways, steam vessels, sailing vessels
or any nature of water craft that NAV be
necessary IN connection with its business.
and to operate, sell or lease same; to en-
gage IN or conduct a general mercantile
business, both wholesale and retail AZ any
point or points desired, and 10 operate. Inv
sen or lease same; to manufacture machinery
or any KIND OF Implements to conduct. buv. |
sell, lease or deal in agricultural nrone-tv.
to engage in the raising of live stock. or ~ |
deal IN same; and to operate own or lease
any KIND OF manufacturing plant or busi |
ness: not specially prohibited by law: TO act
as agent or Attorney-in-fact for individuals
IL SJoT pc and as such to conduct any
KIND OF business for persons or corpo-ations.
and buy and sell on commission or otherwise. |
and conduct a general commission business.
and generally to do and perform anv and |
an an acts or business not contrary to the |
laws OF the State of Louisiana. and all tba
rights herein granted may be exercised and
business conducted, at any place or nIacrs
tnat the said company may see fit 50 r. IA |
SSltnout any restrictions whatever as 10 |
States or Countries
ARIlcLE N.-The capital stock Of .bi. |
corporation is hereby fixed a. the Sun, 80
fifty Thousand Dollars (ssO000m J;,,;aeI
INTO INTO i've hundred $500 shares of One Hrn.
urea Dollars $4,000 each which go
STOCK shall be paid for in cash or Ire eo,,;1.a- |
ient' at such time and in such NAME, a.
lne board of Directors may determine -
may De issued at par in payment Of n-one-tv
actually purchased and such stock sa i.
sued sued shall be full paid and nou,assassabis
All IN conformity with and under the -.
SSuICtions OF the presently existing corporate
Jaws OF Louisiana. This corporation shall
DC authorized to commense business and ba |
q gong concern as soon as fiftv oe- ce,t
N'oIp) OF ITS capital stock is s,,bsc-iba5 -
PAID for. The shares of stock sbaIi 10
eIansierraole only on the books of the ca--
p!Istion and no transfer of stock sbs1I =.
.:a or nave any effect on this rorn,ra-
TSn a.;ess and until made upon its books
;,n-oo sapi'aI STOCK OF this corporation NAV be
!"Ci s4Sed 20 an amount Of One Hundred to- |
s SAND Dollars (Sl0O,001OO DIV vote of tyro.
thirds OF all the outstanding stock ~
meeting OF the stockholders called fo- that
purpose in the same manner as n-oviJsd g.
me meeting 10 elect Directors.
ARi!CLE V.-All of the corporate powers
OF SAID corporation shall be vested in and
exercised by Board of Directors comnosed
oI nor less than three more than five |
st9ekhoideIs. Said Directors shall be elect. |
ed annually on the third Monday in lam |
ary' in each year at a general stockholders |
meeting except the first Board, appointed in |
TINS Charter, who shall hold their offices
until the third Monday in January, 1920. |
and until their successors are elected.
All such elections shall be held by balIo,
and conducted at the office of the CORPORA |
ton; Notice of such meeting and of all other
stockholders meetings shall be give, in tire
manner prescribed by law, and when No. "a
prescribed. then written notice of such meet
lngs shall be deposited, at least fifteen 0S /
days PRIOR to the date of such meeting in
the post office of the City of New OrJeaus !