The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-01

tSlgned) EMILE j. LEONARD. d. r.
office, '-'
AUGUST G. WILLIAMS.
/ April 17-May % '''o'
CHARTER OF EXPORT TRANSFER
COMPANY, INC.
state of Louisiana, Parish of Orleans.
City of New Orleans Be it known that
on this fifteenth day of the month OF
April in the year of our Lord Nineteen
Hundred and nineteen and of the indie
pendence of the United States of America
the One Hundred and forty-third, before
me, j. Henry FOrcelle, Jr. a Notary Pub-
lie in and for the Parish of Orleans, State
of Louisiana, duly commissioned sworn
| ana qualltled and in the presence of the
witnesses hereinafter named and under
signed; personally came and appeared the
| several persons whose names are hereto
| subscribed, who severally declared that
| aSalllhg themselves of the provisions of
the general laws of this State. providing
for the organization of corporations partic-
ularly Act 261 of 1914, they have covenant
ed and agreed and by these presents
covenant, agree and bind them selves as
well as all such persons as may hereafter
become associated with them, to form and
constitute corporation and body polite
in law, for the objects and purposes and
following tO-wit:
ARTICLE 1.-The name and title of this
corporation shall be Export Transfer Com
pany, Inc, and it shall exist and enjoy
succession by its corporate name and for
| period of ninety-nine 800 years from
date hereof unless sooner dissolved with
all the rights and powers now or hereafter
conferred by law upon similar CORPORA
tons. Its domicile shall be in the City
of New Orleans, Louisiana aud all eta
tons and other legal process shall be serv-
ed upon the President and in the event
of his absence or inability to act upOn
Z Y TpS mr. in, l,n
order named.
ARTICLE 1.-THE objects and purposes
for which this corporation is organized
and the nature of the business to be
carried on by it are declared TO be TO
conduct Il general drayage and carriage
business, TO own. have or hire carts
wagons, drays, trucks. floats and other
vehicles, to hire the same. to contract for
the hauling and delivering of goods and
materials of any and every description
to all or any part of the City of New
Orleans or surrounding Parishes, to own
and operate repair shops and generally to
do anything necessary touching or con
corning the business herein contemplated
ARTICLE III.-The capital stock of this
corporation is hereby fixed at Ten Thou
sand Dollars (Sl00O0.0O) to be divided into
One hundred (lOO) shares of one Hundred
Dollars CSl00.OO) each; which said stock
shall be paid for in cash or in property
and good will transferred to said corpora
ton or in work done for. or services
rendered to said corporation. as may be
decided by the Board of Directors and
upon terms to be fixed by said Board of
Directors. All transfer of stock shall be
made on the books of the corporation.
and no transfer of stock shall he in any
way binding on the corporation unless
and until it is made in the above described
manner. No stakeholder of this corpora
ton shall at any time offer his stock for
sale. either privately or in the open
market, without having previously offer
ed to sell said stock. ut its book value
m 10 Gtn nj of in, s.ril
corporation. which option to purchase
must be exercised within ten days. Each
share of stock shall entitle the owner
thereof. either in person or by proxy TO
east one note at all general meetings. The
capital stock of this corporation may he
increased to Twenty-Five Thousand Dol
lars (S25 900 .00).
ARTICLE IV-All the corporate powers
of said corporation shall be vested in and
exercised by Board of Directors com
posed of at least three stockholders, to
be elected at an annual meeting of stock
holders to be held on the first Tuesday
in April of each year; if the date fixed
for said election fall on a legal holiday,
then said election shall be held on the
first day thereafter not legal holiday.
All such elections shall be by ballot. OF
such elections at least fifteen days previous
notice shall be given to each stakeholder.
either personally or by depOsiting the
same in the Post Office, properly ad-
dressed. \ majority of the votes cast
shall elect. and each share of stock shall
be entitled to one note to be cast by the
owner in person or by proxy. The Direc-
tors thus elected shall serve and con
tinue in office for one year or until their
successors shall have been duly elected and
shall have qualified. A failure to elect
Directors on the date above specified shall
not dissolve the corporation, but the eX
listing Board shall cause another election
TO be held within thirty days thereafter,
whereof fifteen days previous notice shall
be given as above provided for. Any
trfT Inn off 20. Il
from any cause whatsoever shall he filled
for the uneXpired term by the remaining
Directors. Any Director who may be alb
sent from the City of New Orleans shall
have the right to appoint any shareholder
of the corporation to vote for him at any
meeting of the Board and such proxy
shall have and exercise all the powers of
such Directors appointing him. The Of
ficers of this corporation shall consist of
a President, Vice President. Secretary and
Treasurer, but the offices of Secretary
and Treasurer may be filled by one and
the same person. The Board of Directors,
at their first meeting following each
annual election, shall elect from their num-
Der a President, Vice-President, Secretary
and Treasurer, who shall continue in of
flee for one year from such election or
until their successors are elected and have
qualified. Said Board of Directors shall
have full power and authority to exercise |
all the powers conferred on this corpora |
ton by these articles of incorporation, or
which are or may be permitted by the |
laws applicable to corporations. The Board |
of Directors shall fix the number necessary |
to constitute a quorum of said Board for |
the transaction of all business.
ARTICLE N.-ThiS act of incorporation |
may he changed, altered or amended or |
this corporation may be dissolved and |
liquidated mt any time, in any manner |
not inconsistent with any provisions that |
may be prescribed therefor by the laws
of the State of Louisiana.
ARTICLE VINO shareholder shall ever /
be held liable or responsible for the con |
tracts or faults of this corporation, in any |
further sum than the unpaid balance |
due on shares of stock owned by him; nor |
shall any informality in organization have
the effect of rendering this charter null |
or of exposing any shareholder to any |
liability beyond the unpaid balance due |
or irregularity in organization have the
as partner.
ARTICLE VII.-The following named |
persons shall constitute the first Board of
Directors and shall serve until the first
Tuesday in April 1920, or until their sue
resSOrS shall have been elected and quail
fled. to wit: William J. Harrison. 2lO
Board of Trade Building, New Orleans
La. George J. Philippi, 1923 Barracks
Street, New Orleans, La. George j.
Ricau 210 North Peters Street, New Or
leans, La, with William j. Harrison as
President, George J. Philippi, Vice
President and George j. Ricau as Secre-
tary- Treasurer. The incOrporatOrs have
set opposite their signatures their re-
spective addresses and the number of
shares to which they have each subscribed,