The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-01
CHARTER.
or AvERA NAVAL STORES
.6lHIbN cAMPANtI -. - nt1i {.

* d " One ThouSaNIf' ,JerendenCe Of The |
= Ird o nd Of the InoF he One Hundred |
ss,s:.ss s.,,,s Of Amerisa' me, me. Charles l.
I Is5sd third. Bei0IPe Public. duly commits
u ~ Notary :, and for the PARISH |
S $3.50 qualified n GnG and in the
sse.,,aps, tnei'.;t,esses hereinafter 49,.
s Of the personally came d'G ~
r. s.dsrsigneo. whose names are ;jsnts
d the pa1ilpe' ~ full age and TeSIuehliss
ssrss.,nbed. az civ. who declareu' tIas
. ~ parish ahu ~ The laws OF the Hla.e
% ,henseSes ,cb cases made ana P'of
- ~ -.sssns ~ .farlv Of the provisions
,ad partIaui~Act Acts Of the. Genera -
" !, and OF t c.,,e OF louisiana ior -a ea
~ d the oa coyenanted and as'eeJ
ssigs they presents, coVTH"ns srrb
i by the S.nselves, as wen %
y ed bind tssafter Join or oecollle
o. ss may ne,'1 70 form and c9nsA'Fi or
80 With tneHih ody polite IN law, 10
sdssrs.ion anu ar the articles ana st.pdd
Sgl;,c,s and unos .st forth and exP!!eSs oo-
= '. hsreinaiiei .s the Charter Oh inns W.
~ NV adopt Is
sss'ctE 1.-The na ATera an Naval Stores
eii shall be 1sr its said corporate
ss1ar'n Inc, and un una enjoy corporate ex,
os'aaa.h shalI have an for the lull Term
y . nd succession C99) years from
.sdod OF mn mn hereof; to con'lA t.r,-ate
.. FE,.r the da.e I've and use a coFpI'" ~
d sm,,d. TO maxi LITER and break "l
q Dc ne sane " lease, purchase
o. 10 hoio, as mortgage ana HSpJ
Ss''s,,G as WEI ,, personal and mia ia
y oropefty' len a,, TO own ana i'o, ~
W nd ineoTpei 'tber corporatlons' 10
~. and bonos such managers -
90 ,ad appoiht az its business OF s.
g. and Oiiice; and to make anu ~
tr., may requiiS, LITER and amend - ~
o.. 4, well as laws laws rules and Tegu.Sf
r5is' ,;une, such .! novernment OF the az
u =, @ the proper .i Ga as may be neces-
| y. = ,sid cOrpors''O"
, 40 1.-The d9 %i,S Of q New Orleans;
mEI be in the az ali citations and
90 = ri louisiana, ana dSau be served upon
~ !,gal process The event OF his aDseneJi
I. President OF :" then they shall DC s..;nS
p'oIll' viee.Presiden,, ION and in the
- y. Of said coFpoI az liability TO act,
' 2, i hi. absence s:nsiary y. Treasurer:
90 ,.on the Seg seer, ob;ects and purposes
ssTsFcLE HI.-The ,,i Gp3ei IS organized and
1srh this corpole. 10 be carried on
Z azure Of lne declared to be; 10 oma,'
IA, are heieDi, operate, and WORK I La.
- lease, sen; rds. and to own lease'
4. and all kiHe .si, lands, timber, tui-
4 "a, buy anu Ellis sawmills, planihs
q, ,urpenhne ,be by-prcducts OF TIM
ETC.; ana as,.bIish and lease turPeL
n operate, $50 connected therewlth'
vcils or anylhs and lease railroads.
N, buliu, vessels, sailing vesse's'
Essys, sIeah craft that may De nc
rsture OF We, With its business anu
IN eonneS isase same; to engage
sste, sen ",eral mercantile business
eonoue, "a retail, at any PoiHIS
ID snoiese nd 10 operate, Ouy' SCI
ras dssh.H' r,nufacture machinery Vi Iii
ne sane, ,,arts. 10 conduct, Ouy' So
tai Of ipf - agricultural properly
hg.of osai ,ais;ng of live stock, OF "
sFss IN Wv and 10 operate, own OF cas-
81 % ss1e ,,,,rufacturing plant or business
81 hna " ". nrohibited by law, 10 aCt a.
4 aee'ai,! ..,rrey-iu. fact for individuals va
f.ni "a as such TO CONDUCT any
rysanesus, Cor persons or corporati1lls'
bod q Vas S s.ll on commission or oIHel
% ons ~. .o,d,,ct a general commisSsioI
w sn1 ii generally TO do ana peiloi "a
zanss' ~ ~ Its ar business not contrary -
Hs - .hs State of Louisiana; ana an
mns AZ. ..,.;, granted may be exerciseu'
800. conducted, at any piace Vi
y ' -, N. said company may see III So "
without any restEie'io"S
~. ar Countries. x .L;s
a .srq = V-The capital stock OF TINS
aA..S Il hereby fixed at the sum OF
ssssa1 divided into 1000 shares OF Sloo.oo
= ..;sb said stock shall be paid Tor IN
= :, h. eouiyalent, at such time and IN
:. -,,n.r as the Board of Directors may
L,,ris, or may be issued at par IN pay,
- a orooerty actually purchased and
a s.oek 60 issued shall be full paid and
,r..,,,,sable. All in conformity with and
ui,r Inc restrictions of the presently ex-
-, aroorate laws of Louisiana. ms
r,r,,ion shall be authorized to commence
hspess and be going concern as soon as
IN ptr cent (50oo) of its capital stock
ssbsribed and paid for. The shares oil
nj shaii be transferable only on the books
1 IL corporation and no transfer OF stock
hH Be binding or have any effect on this
wrrton, unless and until made upon
! kaks. The capital stock of this cor.
Enton may be increased TO an amount OF
uhlD0 BY vote of two-thirds of all OF
I outstanding stock at meeting OF the
n<khsldsrsi called for that purpose in the
u, nanner as provided for the meeting to
sr Directors.
MIlfLE YAH of the corporate powers
MD corporation shall be vested in and
rrtsed by Board of Directors composed
,a less than three nor more than five
f<Aa5lders. Said Directors shall be elect
i1aually on the third Monday in Janu-
IRA each year at a general stockholders
ks1aE except the first Board appointed in
= narter who shall hold their offices I'M
th'rd Monday in January, 1920. All
" elections shall be held by ballot and
sas'ied at the office Of the corporation.
VIC q such meeting and of all other
nzaaders meetings shall be given in the
1ar prescribed by law, and when not so
An-ioed then written notice of such meet
y hal be deposited, at least fifteen Q5)
~ pnor 10 the date of such meeting, in
psi office Of the City of Ned Orleans.
1nxd % each stakeholder at his last
~ residence or place of business. AT
1n elections and at all corporate meet
utfy stockholder shall be entitled 70
w'e Tor each share of stock standing
aane on the books Of the corporation,
az oy him in person or by his writ
Nxy, and a majority of the votes cast
eset Any vacancy occurring among
M1m1s ny death, resignation or other.
!. val De filled by election for the I'M
hrm by the remaining directors. A
elect directors on the day above
- sal not dissolve the corporation
~ -, rs corporate existence or man.
~ sf the directors then in office
. nan in office until their successors
,s.sfa and qualified. The Board Of
!, snail elect President, and one OF
% exceed four, Vice Presidents
y v er'etary. Treasurer. The President
8 m sle 'fresidents shall be stockhoIder,
tr,,. ,ssIors Of the Corporation, but the
ker.. anessurer may or NAV not be
- s'ockholder, at the discretion
5<s,,. s,a Of Directors. The number o.
M, saall be determined BY the stock
~, q sseh annual meeting, and tn,
~ -. ee-Presidents shall be deter
~ year by the Board of Directors
xAsi,s y y directors shall have power anc
<Sx -. y appoint such agents. managers
~ ;.;ssu other employees necessary il
fsnss...nt TO conduct the business O
s>srs non. and TO give to such agents
u mi, o:lleers and other EMPLOYEES a
10y as they may deem necessar,
hxm wose and business Of the Cor
Ma ae board shall have the powe
sis onpensations and define IN,
~ n,s 10y officer and employee and al