The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-25

United States of America. State of Louis
lana, Parish of Orleans. Be it know that
on this Sth day of December (1919), nine
teen hundred and nineteen A. D., before
me, Lawrence NJ. Janin, notary public,
duly commissioned and qualified, in and
for the Parish of Orleans, State of Louis
lana, and in the presence of the witnesses
hereinafter named and undersigned, per-
sonally came and appeared the several
persons whose names are hereinafter sub
scribed, all above the age of majority,
who severally and mutually declared I'M
to me, said notary, that availing them
selves of the laws of the State of Louis
lana. relative to the organization of cor
pOratiOns and more especially of the pro-
visions of Act No. 267, of the General As
sembly of said State, of the year 1914.
they have convenanted and agreed and
by these presents do covenant and agree
for them selves, their successors and as
signs, and form themselves into a corpora
ton and body polite in law, for the OBJ
jects and purposes, and under the stipu-
lations hereinafter set forth.
ARTICLE 1.-The name and title of this
corporation shall be o. X. Storage and
Transfer Co., Inc.
ARTICLE 1.-THE purposes for which
this corporation is formed are: To con-
duct a storage and transfer business in
New Orleans, and to acquire and operate
trucks, wagons, teams and other con-
veyances, Complementary to that object /;
10 DuN anu sell ROOOS, wares,
and merchandise and other articles COM
Elementary to the business of merchant /;
to acquire and control real estate by pur-
chase or other lawful means and sell and
lease same.
ARTICLE III-The capital stock of this
corporation is fixed at twenty thousand
dollars, divided into two hundred shares
of one hundred dollars each, to be paid
for in cash or its equivalent in property.
No certificate of stock shall be issued un-
IAaa f.,l1r fA. In, Tee
equivalent in property, purchased or
leased; all property transferred to the
corporation in payment of stock issued by
1t, shall be listed and appraised as re-
quired by law. And no stakeholder shall
ever be held liable or responsible for the
debts contracts or fault or faults of this
corporation in any further sum than the
unpaid balance due the corporation on the
shares of stock subscribed for by him; nor
shall any mere informality in the organi-
cation have the effect of rendering this
charter null or exposing shareholder to
any liability whatsoever; nor shall the
stock be subject to assessment.
A minimum of fifty per cent Of the
stock of this corporation is herein sub
scribed for by the incorporators and as
soon at the fifty per cent of all stock sub
scribed for by the incOrporatOrs has been
paid for this corporation shall engage in
business and become going concern. All
subscribed stock of the corporation must
be paid for in cash or property purchased
or leased by the expiration Of twelve (12)
months from date of this chapter.
No transfer of stock shall be binding on
this corporation until the original certi
fcate has been properly endorsed for can
collation., surrendered by the holder in
whose favor the stock was issued, or in
like manner endorsed and surrendered by
his duly authorized agent; and upon re-
ceipt of said certificate the Secretary shall
be authorized to cancel same and to issue
a new one representing the same number
of shares in lieu thereof.
ARTICLE Iy.-The capital stock of the
corporation may be increased to the total
of fifty thousand dollars, and divided into
shares of the par value of one hundred
dollars each.
The domicile Of this corporation is fixed
at New Orleans, La, U. s. A., where all
citations and other process shall be served
on the President, or in his absence on the
Vice President, and in the absence Of both,
on the Secretary, or as the law directs.
All meetings of the stockholders or d.
rectors must be held at the domicile Of
the Corporation and in its principal office
there, provided, that with the written con-
sent of all Directors, valid meetings of the
Directors may be held outside Of the State
elsewhere than at its domicile.