The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-04
CHARTERS.

corporation shall be "MARTEL FILTER
CO., INC" and under and by said name,
unless sooner dissolved in accordance
with law and this charter, it shall exist
and continue, and shall have and enjoy
corporate existence and succession for
period of ninety nine 500 years from and
afer the date of this act. 1t may have,
hold, receive, borrow, loan, exchange, ac-
quire by grant, gift or purchase, devise
or Request, sell, ALLEVIATE, dispose of, con-
vey, lease. pledge, pawn, hypothecate, en-
cumber or mortgage property or any KIND,
whether real personal or mixed, corporal
or incOrporeal movable or immovable, all
subject to such limitations as may be pre-
scribed by law. 1t may make, issue and
endorse bonds or notes and other evidences
of debt 1t may accept mortgages, pledges
or other forms of security for money
loaned or other debts. 1t may contract,
sue and be sued, plead or be implicated
by its corporate name in any court of
competent jurisdiction. 1t may make,
adopt and use common seal and alter
the same at pleasure. 1t may hold stock
in other corporations, and its capital
stock may be issued for capital stock in
other corporations. 1t may name, ap-
point and employ such managers, direct
Ors, officers, agents and other employees
require, and may fix their compensation,
having due regard to the nature, charac-
ter and value of their services. 1t may
make and establish bylaws, rules and
charter or any existing law, fixing or al
tering the management of its property,
the regulation and government of its af-
fairs and the manner of the certihcation
and registration of its stock. 1t may
wind up and dissolve itself, or be wound
up and dissolved in the manner prescribed
by law. 1t may conduct business in this
State, other States, the Federal Districts,
the Territories and possessions of the
United States and any foreign country. 1t
shall have the power to invest its Board
of Directors with all of its corporate pow
ers, subject to such restrictions as may
be named in this charter And 1t gener-
ally shall possess all the powers, rights,
privileges and immunities which corpora
tons are and may hereafter be authorized
to possess under the constitution and laws
of this State, and particularly under Act
No. 267 of the Acts of the General Assem-
iai4. VI INC '' "
corporation shall be at the City of New
Orleans, Parish of Orleans, State of Lou
isiana.
ARTICLE III-This corporation may
carry on its business and establish Offices
in the State of Louisiana, or any States
or Territories of the United Staes, or any
foreign countries, and the objects and
purposes for which this corporation is
formed, and the nature of the business to
be carried on by 1t, are hereby declared
to be:
ID To create, apply for. obtain, register,
purchase, lease, or otherwise to acquire,
and to hold, own, operate, distribute and
to dispose of, any trade marks trade
names, patents, inventions, improve
ments and processes used in connection
with or secured under letters patent of
the United States, or elsewhere or other
wise, and to use, exercise, develop, grant
licenses in respect Of, or otherwise to turn
to account any such trademarks, patents,
licenses, processes and the like, or any
such property or rights.
(2) To manufacture, construct and deal
in machinery, appliances and plants of
every nature, kind and description what
soever; and particularly, to manufacture,
construct and deal in filtering mediums
used in the manufacture of syrups, mo-
lasses and sugars from sugar cane, beets
or other raw products used in the manu-
facture of sugar. To acquire by pur-
chase, lease or otherwise, and to manu-
facture and construct machines of any
kind or character, and to equip, erect and
install the same for use and operation by
electricity, compressed air, oil, gas, or by
other means of motive power, and to oper-
ate, use, sell lease and hire the same.
And also to carry on a gneral manufac-
turing, wholesale and retail merchandise
business.
(3) To enter into, make, perform and
carry out contracts of every kind and ma
ture not contrary to law, with any per-
to carry on any other business which un-
der the law it may be entitled to carry on,
which may seem to the corporation to be
directly or indirectly, to effect
the aforesaid objects or either of them,
or to facilitate 1t in the transaction Of its
aforesaid business or businesses, or any
part thereof or in the transaction Of any
other lawful business that may be calcu
lated, directly or Indirectly, to enhance
the value of or to render profitable, any
and generally to hold and exercise all
such incidental powers and privileges as
relate to the objects and purposes here
inabove Sc forth; or as may be necessary,
useful or convenient for effecting said OBJ
jects and purposes.
stock of this corporation is hereby declar-
ed to be the sum of twenty thousand
dollars ($20,OO0.00). The presently au-
thorized capital stock Of this corporation
shalt be represented by. two hundred
dred dollars ($1OO.OO) each. The said
capital stock shall be represented by GER
tiicates, and shall be personal property,
and shall be fully paid and non assessable
stock shall be binding upon this corpora
ton unless made in accordance with its
charter and bylaws and recorded on the
books thereof.
OF the said capital stock Of twenty thou
sand dollars $50 ,OOOOO), 1t is now agreed
among the stockholders hereof that ten
thousand one hundred dollars $50. 100
of said capital stock shall be subscribed
for by L. J. Martel, Of No. 2431 Valmont
street, New Orleans, La, and that the
said l.. ]. Martel shall pay for said stock
by transferring to this corporation all Of
the patent rights or interests which he
might have in certain patents which have
been applied for for the filtration of sugar
solutions, juices, syrups, ETC., used in the
manufacture of sugars; that said patent
has not been issuer. but is in the process
of issuing, and that the caveat has been
issued by the Patent Office and is num-
bered ..-........, and the stockholders
now declare that the value Of said patent
thousand one hundred dollars $50 10000
and the said stock shall be issued to the
said L. J. Martel upon his transferring
said patent rights, and said stock shall
be considered as fully paid for.
ARTICLE v-The business of this cor
poration shall be managed and all the
corporate powers thereof shall be vested
in and exercised by a board Of not less
than three (3) nor more than seven 90
directors. to be elected from among It's
rectors, either present in person or repre-
scented by proxy. shall constitute a
quorum.
ARTICLE VI-The first Board Of Di-
rectors Of this corporation is hereby fixed
at seven "a, and shall be composed Of
Donelson Caffery, whose postoffice ad.