The herald., 1919-04-03
CHARTER.
.vERA NAVAL STORES
,anrER o. rsoMpANY, INC.

aHrfR C esoxpANY' INC.
= America, State Of Louis
,..;,ed States Orleans. City OF New W. |
Parish o. Ti-oUn, that on TINS e'ehlee''' "a
Us Be Nth OF March IL III ,.e ,nJ
q the noT TTi5ousand, Nine iiouuief % So
~ Lord, one Of the IndePen a Ilo u, ..
Tasfeen. s Of America ..e Charles |. |
Griied sas,bird. Before e,,,r ms drIv commits
I'd icrtJ "a Notary PuoG'' fa w" ;be parish |
"a and qI- are;n residing, and IN ulg
saynresns, the'1.;t,esses hereinafter ha"cu |
.,scs Of the Personally came ana ap-
RI undersgneu whose names are ne
r.,ed the pail Iii Of full age ana re3."t ti,a.
.sbscfibeo, md City, who dec!aIgH' So 10
his Psflsn Of the laws 81 INC ma 30
.,zlins mems; IN such cases mace a.;u 81
Louisiana articuarly OF the p 1871 As
I'D anu Of the Acts. 81 l.:e f1r the
NJ a the State OF Lo m.ej and agreed |
snay,s 4 they have coy tat. covenant and
~ Do, oy. themselves, as wen a. 9.l''
-. and oinu hereafter join or become ds
Ems as may 10 form and cGnsn'G'e
F;.ted with VA bodv polite IN law Io'
.a,poraiion ,,nder the articles ana supp
!. affects anu s.sr set forth and eNpte'seu'
Saoss heIei n5oot as the Charter Oh '''S '''
sbiah ihes o.~it: .,. ~. this
snion. tST THE name and style Of 5,d 1nls
aRTICLL III be Avera Naval o'oa1s
,apOrstion ,.r and under It's saiu Co' pO' a H
cOnpsny Iii have and ENJOY co'PoIE'' ,arr,
,sSs It sue succession Tor ON inc lar. rom
ssncs -: a. Of ninety-nine ~ ,oSy,t- go sue
I'd pel,V the date hereof /" corporate
"a be sued u &c TO alter and break al
al and ue lid receive, lease puiSnSSo
Jsasufei 10 veil as mortgage ana HyPS-
I'd convey, real, personal and illHe III
,secste picPss ;ncorporeal; 10 own ana Hoiu
s,rpCreal anu t,,Js of other corpoTauons' !"
eOcks ana v;t such managers asen'S'
ssns and parfi;cers as its business OF con
SfeetOts s ,sv require, and to MAKE a"u -,
veuenee n" veil as alter ana a'nfl", IL
phish, ,;ne such bylaws fules "un Is a..
tSs y y. he proper government. % -
ucl' said corporation as may
''ry and proper ,,;,;1e n said eorpo.
~ .pTIcLE 1.-THE d3miciIe u W. S1'I Orleans.
an sAall be in the Ci'y % -;ta,;ons and
Sste Of nroresses shall be served, upon
othsf essi or in the event OF ms absence
ihs Pies.oe - act then they shall be SerEeu
q InsohH v;ce-President, who IS acting
UPON ine =, said corporation, and IN the
President ~ absence or inability to act
sss@ ~ The Secretary
n'n r,rIr UII-The objects and purposes
MitL Iris corporation is organized anu
if W va az the business to be cdllleu ."
he aasUie Ssreby declared TO be: to own
BY a. az 80 sell. operate, and work mines
Pesse' and all kinds; and TO own lease
sp buy and sell lands, timber; tuI
say .e ,urpentine stills, sawnllIs' P!dn.ns
T. .,c and all the by-pToductS OF TIN
Sla' 70 opersse, establish and lease turPen.
=. 80 .tius or anything connected 'heie"lttl'
uns SUI b,;ld operate and lease railroads,
esa steam.vessels, sailing vessels, or
..,,rs of water craft that may be nee,
ahi ~ connection with its business, ana
ss'y sell or lease same; to engage
~ .ond,ct a general mercantile business
"a vbolesale and retail, at any point OF
s.;.,. desired, and to operate, buy, sell OF
r.,m.. n manufacture machinery or any
80 N implements; to conduct, buy, SELL
-. ar deal in agricultural property, 10
..gsge in the raising OF live stock, or 10
s.sl n same: and to operate, own or tease
sry kind Of manufacturing plant or business
:. .nsc;alv prohibited by law, to act as
-, A. Attorney-iu-fact for individuals or
' - and as such to conduct any
IA ~ business for persons or corporations,
- huv and sell on commission or other
I'd, and conduct a general comm sslon
s,.;ness; and generally to do and perform
,sy and all acts or business not contrary e
n. i,ws Of the State of louisiana; and all
4. rights herein granted may be exercised
md business conducted, at any place OF
oaces that the said company may see ut so &c
IA without any restrictions whatever as &c
Safes or Countries.
ARTICLE IV-The capital stock of thi:
.sporation is hereby fixed at the sum Of
slGD00 divided into 1000 shares OF SlOOOl
,,th which said stock shall be paid tor II
cash or its equivalent, at such time and II
,urh manner as the Board of Directors may
d.tefmine or may be issued at par in pay
usnt Of property actually purchased anC
such stock 50 issued shall be full paid anC
nun-assessable All in conformity with and
uadef the restrictions of the presently eN
ring corporate laws of Louisiana. Thi:
corporation shall be authorized to commence
msness and be going concern as soon a!
fifty per cent (s0Go) of its capitN stool
d subscribed and paid for. The shares o
stock shall be transferable only on the book!
u the corporation and no transfer of stool
saaI be binding or have any effect on thi
arPraacn, unless and until made upor
il books. The capital stock of this cor
p7tion may be increased to an amount o
0nm0 by vote of two-thirds of all o
tie outstanding stock at a meeting of thu
stockholders called for that purpose in tn,
sane manner as provided for the meeting Il
elect Directors.
ARTICLE Vail of the corporate power
Of said corporation shall be vested in an,
exercised by Board of Directors composct
not less than three nor more than fiv
stockholders Said Directors shall be elect
Cd annually on the third Monday in Janu
ry-sn each year at a general stockholders
aechng except the first Board, appointed ii
ms Charter, who shall hold their offices un
N the third Monday in January, 1920. Al
such elections shall be held by ballot an,
@nducted at the office of the corporation
ssnee Of such meeting and of all othe
a'ckholders' meetings shall be given in TIL
manner prescribed by law, and when not S
Fsserioed, then written notice of such meet
uH snail be deposited, at least fifteen Us
IH PRIOR 10 the date of such meeting, Il
ns post Office of the City of Ned Orleans
saaessed to each stakeholder at his las
sSsn residence or place of business. A
- och elections and at all corporate meet
N every stakeholder shall be entitled +
E w vote for each share of stock stand;n
= as name on the books of the corporation
cast by him in person or by his writ
eject Any vacancy occurring anon
rs directors by death. resignation or other
- ;hail be filled by election for the ur
s,! g.aso term BY the remaining directors.
.ss s 70 elect directors on the day abov
= shall not dissolve the corporatio
upsii ITS corporate existence or mar
nnent but the directors then in offic
- -" ,ema,n in office until their successor
ec'ed and qualified. The Board {
~. 0is snail elect a President, and one Q
81 not to exceed four, Vice-President
s.s secretary-Treasurer. The Presider
~ mee.rresidents shall be stockholder
e Directors of the Corporation, but II
ns.Ireasurer may or may not be
4 or stakeholder at the discretio
n nc board Of Directors. The number I
49, 's snail be determined by the stool
ssnh.. sach annual meeting. and III
r;rss o Nee-Presidents shall he dete
MSpeasn year by the Board of Director
s,tbas;.riu OF Directors shall have power an
eisrs..s 70 appoint such agents, manager
A. snd other employees necessary