The herald. [volume] (New Orleans, La.) 1905-1953, 1919-09-18
CHARTER OF ESTESE BROS. Il COM
PANY, INC.

United States of America, State of LOuiSi-
ana, Parish of Orleans, City of New Or
leans. BE if known that on this the Both
day of the month of September. in the
year of our Lord one thousand nine hun
dred and nineteen U9l9D. before me Watts
X Levericeh. Notary Public, duly COM
miSsioned and qualified i'll and for the Par
iSh of Orleans, State of Louisiana. and in
the presence OF the witness hereinafter
named and undersigned, personally came
and appeared the several persons whose
names are hereuntO subscribed, who sew
orally declared that, awaiting themselves of
the provisions of the laws of this State
relating to the organization of corpora
tiOnS, they have contracted and agreed.
and do, by these presents, contract and
agree and bind and oblige themselves. as
well as such other persons as may become
associated with them, to form themselves
into and 10 institute a corporate body pol
lite in law, with the objects and purposes
and under the conditions and stipulatiOnS
of the following articles, to wit:
ARTICLE 1.-The name of this corpora
ton shall be "ESteVe brothers X Co, Inc
and under its corporate name ii shall en-
Joy succession for the period of ninety
nine years from date hereof, unless sooner
dissolved by liquidation or otherwise, and
shall have power and authority TO contract
to sue and be sued, to make mortgages,
hypothecations and pledges. to make and
use a corporate seal and 10 alter and break
same at pleasure; to hold. receive, lease
purchase sell. assign. transfer, mortgage,
hypOthecate, pledge or otherwise receive
use or dispose of property, real, personal
or mixed. corporal and incorporeal; to Is
sue bonds and to secure same by mortgage
or pledge; to buy and hold rdispOSe of
stock in other companies; to create and
accept mort cages, pledges or other hypO-
thocatiOnS; to elect and appoint such man
ayers, directors or officers as 1T may re,
| uuire: to make and establish, alter and
amend rules bylaws and regulations for
| its proper government.
Article 1.-THE domicile of this cor
poration shall be in the City of New Or
| leans Parish of Orleans and State of Lou
| isiana. and citation and other legal pro
| cess shalt be served upon the President OF
| the corporation. or. in the event of his
absence. shall be served upon any Vice
! President of the corporation. or, in the
event of the absence of both the Pres
ident and the Vice Presidents. shall be
served puOn the Secretary Treasurer OF the
| corporation.
The objects and purposes for which this
corporation is created and organized, and
| the nature of the business to be carried
on by it are declared to be as follows: To
| buy or otherwise acquire and to sell or
| otherwise ALLEVIATE, to export and import, &c
cucumber and hypothecate. cotton, slaves
| lumber and all other lawful merchandise
| for domestic or foreign consumption; TO
| buy or otherwise acquire and to sell or
| otherwise ALLEVIATE, cucumber and hypOthe
/ cate. real estate. lands, timber and the pro-
ducts thereof and the same to produce and
manufacture; to engage generally in the
business of ship and steamship agents and
| charterers and, in that connection, to own
and operate and to charter and otherwise
control steamships and other vessels; and
! to engage in all of the businesses directly
connected with or incidental thereto, not
| including the business of insurance, nome
stead association or banking; and gen
orally to do all things permitted by Lou
| isiana Act No. 26I of 1914.
ARTICLE IV-The capital stock of this
! corporation is hereby fixed at the sum of
One Hundred and Fifty Thousand Dollars
| $3.50. 00000), divided into and represented
by fifteen hundred Q5OO) shares of a par
value of One Hundred Dollars (S1OO.OO)
each. The whole or any part of said stock
may be issued for cash actually received
or for money or property or for services
rendered.
| ARTICLE V-This corporation shall be-
come a going concern and shall be author
lied to commence business as soon as
Seventy five Thousand Dollars (S75O000O)
| of it's capital stock shall have been paid
for. either i'll cash or its equivalent. as pro
vided by law. The stock of this corpora
ton, or any part thereof may be delivered
to any person. firm, association OF persons
or corporation, in return for the acquisi
owned or controlled by such person, firm
association of persons or corporation, OF
in payment of other prperties or for ser
vices rendered.
The capital stock of this corporation ma!
be increased TO the sum of Five Hundred
Thousand Dollars (S50000000) by vot'
of two-thirds 2-3 of all the stock outstand
ing at a special meeting called for tina
purpose. or at a regular meeting of thu
corporation. All certificates of stock is
sued by this Company shall be signed
by the President. or by a Nice-Presiden
of the Company. and countersigned by tn
Secretary or Treasurer of the Company
The stock of this corporation can be trans
ferred only on the books of the corpora
ton and subject to such rules and reg
ulationS as may he made by the BoarC
of Directors or from time to time be pres
cribed.
ARTICLE VI.-All corporate powers o
this corporation shall he vested in and eX
ercised by a Board of Directors composed
of six stockholders. A majority of tn
Directors shall onstitute a quorum TO
the transaction of business. Said Direc
tors may vote in person or by proxy writ
ten or telegraphed at any and all meet
ings of Directors. regular or special. bu
no director, wether acting as preSidini
officer or otherwise. shall be entitled
on any question. to more than one vote
The Board of Directors shall he elected
annually on the first Monday of Septem
Der of each year after date hereof, tn
first election to he held in 1920. The frs
Board of Directors shall be composed o
Jose N SSteve Louis Esteve. Ramon ES
teve. Angel Esteve, F. Javier Esteve an