The herald., 1919-11-20
CHARTERS.
QUARTER OF SOUTHLAND II c
IN TRADING COMPANY, INC

OF ne tLi--y 6rst day OF October. II tAs
-. haFo-e me- william N7!l-F ioE= ~
To-ary Public. in and ior 'a a. Commits
S-i-.rs state OF Louisiana guy Csa-..nra
's.-5 "a qualified. and IN the Pr =
- witnesses hereinafter Eanie1 ~ -. = -
10000 personally came anu ~ -
H. several persons whose 49, 81 go ~
80 subscribed. all Shove tIe at
CL-o v-bo SevsrAliy decl1reNs 80
r-iJirs: them selves Of the laws o. LAe - -
- on5Sisus. and particularly A. =, -
1914 relative TO the ofzaLL- ss "a sgr,e-i
--s-i-nS they have covenAnted SA1 -
POI tsrE soru and constitute tnenas-Lses
- weu as all such other persons - -
ks-asfrs- become assoelateo VIZ =; -
into q corporation and ooaS p1 ana under
- r. objects and purposes anI -
iSE s-;.IS- agreements and sIlpulaIl"hs
foll5wing, towit:
,pTrCTE 1.-The name, style and tnls
80 corporation shall De - =
T--b-r and Trading COMPANY 49,
- that name IL shall nave anu - - I
~ ,ka tights advantages ahH pr t.n
al tne I-vr 10 corporations and shAAl
Sc FOR The full term ana E~II't -, -
tr-nine wears from this Gay, - ~
.ay-a- 20 contract, sUe ana oS -.
49,. and uSa 3 corporate sEsIr - =
ma - alter and break az pleA>lIe- 10
80 -a-aIva. lease, purchase sell anu t IN
- a. veil as mortgage, nyPolLess = -
nIsir- property. zeal persona az ~ an
corporal and incorpor@A' 5i ~ oficers.
ysors and other employees - - -, : :
"a convenience may Te4alIr- an - 80,
- establish as well as a4!er anu : "a
- -;r-a 10 time such bylaws Edirs 81
IRON - a. nav be necessary ana eA,
Ia5je1t for the proper n4nasshrAt 80. 80
rers-1r,ent OF the affairs OF IAls COT
ton.
,pTICIE 1.-THE domiciIe Of TIL. > cor
aario1 il hereby liked in the "! o. -
bins state Of Louisiana. anc a. -
~ - P-.sideur OF SAM corporation. Of
=! - absence. on the Vice PFesl1eA' u
Secretary or Treasurer
ARTICLE III.-The objects ana P1t
ro,ss for which this coTp1raLlSh - - >,
isbasi and the nature OF the ous -.
- carried on by il are DEAR go Iii
a. 20 be 20 purchase Own Lotl, -
- - IssSe and ALLEVIATE receive
C1irs and deal in real estate. ti.A ,,s.a
tt-her or any interests therein 80 go
in logging operations 70 ~ fser,ri.s
T-airrsin sawuiIIs- plants OF -e.+-,-
-E.-sin wood logs and tInoer are A-@HI
ssrru-ri- altered or worked 70 oI3. ii
axro-r import or Otherwise Cal =
sorts Of timber and lumber P lg ~ con-
cors--uct and operate tram Eo4H> u ~
ns.-ri-n with and facilitate lis lOS ztn7 -
e-Stious: 10 own charter ana oIAei =
onArste steamships or s2lnhs -
other water craft; TO acquiEe, ls-Se shsis
S--nrr and operate warehouses, -
sto-sroou1s and lumber yards 10 pup 80
ssJI merchandise; to carry on E.-J-
store or cOnmisSSry; 10 couuSCt - -
boarding houses snd Iodsins ~ - snS
ct s. agents and generally 20 90 s-u
,-S,S.sr an things Complementary or II
S.9H--Si 20 any OF the Aforesaid objects ana
purposes
ARTICLE H-The capital stock OF TINS
.o-Io-sti7u is hereby fixed At the sum o.
o. hundred thousand tsloO-cuU"l Vo na.s
~ h. divided into and represented oy one
.So1ssnd n O.sDi shares Of the par Nales
- 90 hundred $4,000 dollars e4ch sAl9
s-ork shall be issued only for SAsn an
shall b. paid for at such times ana II So
instzIIments as the Board OF Difectors n,a'
5i-scr The capital stock of this corpora
1;on nav be increa sed to the sum OF one
million (s1.o0o.ooo0cl collars IN
syanr the capital stock OF this corporation
q Increased the stockholders then o. re-
- IAN baxs the privilege Of subscribing
to the new stock. at its par yaIne- IN Pr
norton to the amount OF stock t.rl 49,
by them At the signing hereOI Ine s1o
sxribers have subscribed 70 nNe ~
shares of the capital stock Of this eorpof-
stion- aad the present or future owners OF
said five hundred shares OF slocs ar ny
by given the privilege OF purchaslhs tne
remaining I'VE hundred shares OF tne cap
tel s+o.sk Of this corporation AZ par IN Pro-
norriou 10 the amount Of STOCK owned py
them NJ the time of the issuance OF Sacn
stock. No stakeholder shan ever ssH %
dispose Of his stock without nrst onelIhs
the same TO the other stockholders 1hro1sn
the Beard of Directors. At its true zoos
value and the stockholders are 10 h4tr
the privilege of purchasing the said stcek
AZ its true book value IN proportion 70
the amount Of stock then owned oy them
according to the records OF the erperauon-
the said offer Of sale TO be MADE 20 hAe
stockholders through the Board OF DISS-
tors by written Communication to the
Board Of Directors
ARTICLE v.-An the corporate powers
AL -. ararer<zd
BOARD Of directors consisting OF not less
than three nor more than four stockn9io-
ers q ma iority Of whom either present u
person or represented By proxy held oy
another director shah constitute quorum
for the transaction Of all business The
Board of Directors shall elect annusHy
from their number President VICE
President and Secretary and treasure
The Board Of Directors may JOIN the
oriceS Of Secretary and Treasurer and may
elect one person to hold both Offices. or
may elect q person who Is not stoS.-
holder or q member Of the Board OF d.
Fectors for the Office OF Secretary. The
frst Board of Directors shall consist Of
four stcckholders and shall be composed
Of John Lewis DsntIier, Edgar Rollins
du Mont John c Morris and John W.
Durel. with the said John Lewis Dzntzler
as President. John C. Morris as Vice Pres
iient. John W. Durel as Secretary and
- Treasurer. The postofiee addresses Of
said directors are as follows: John Lewis
T.
leans, La: Edgar Rollins du Mont, 5624
St Charles avenue. New Orleans La; John
C. Morris. 357 Walnut street New Orleans
La. John w Durel- so Spain street, New
Orleans La These directors shall serve
until the third Wednesday Of October.
1870 or until their successors have been
daily elected and qualified. The annual
meeting Of stockholders for the election Of
directors shall be held on the third We'd
nesday Of October Of each year. unless said
day be q legal holiday. and then on the
next bank day thereafter. Any vacancy
occurring among the directors by death.
resignation or otherwise shall be filed By
election for the uneIpired term by the
remaining directors Each subscriber here
TO sets after his name his postofice ad
dress and q statement OF the number of
shares Of stock whirh he agrees to take
in the corporation At all elections every
stakeholder shall be entitled to one vote
for each share { stock standing in his
name on the books Of the corporation, 70
be cast In person or BY his written proxy.
A majority Of the votes cast shall elect
ARTICLE Win the even, Of the liqui-
dztton or dissolution OF this corporation
the stockholders shall elect three IiQuida-
tors from among their number AZ q meet
ing convened for that purpose. after If
teen ll3l days written notice sent to each
ssockhotder By mail 70 his last known ad-
dress said hquidators shall have the an
tnority 10 wind mp the business and affairs
OF THIS corporation In case OF the death
or hquidstor, the survivors shall spDoiut
a sfockholder as successor to him.
ARTICLE yII.-This charter NAV n.
mocfned. changed or altered or said coz
poretfcn may be dissolved with the sssant
or stockhelders owning two-thirds OF the