The herald., 1919-12-25
CHARTER.

Jaws OF the State OF Louisiana ana eSpe-
tally of the laws relative TO the organiza-
provisions OF Act 267~ of, the General AS
sembly of 1914, they have conYenanted
and agreed and do by these presents cove.
nant and agree ana bind themselves as
well as all such other persons, who may
hereinafter become associated with them
to form a corporation for the objects and
purposes and under the articles, agree
mentS and stipulatiOnS following tO-wit
ARTICLE 1.-The name and style OF
this corporation shall be the export
Paper Products Company of New Orleans
Incorporated" and by that name it shall
nave power and authority to exist and
enjoy succession for the full term and
period of ninety nine years, commencing
on and TO be computed from and after
the date and day hereof.
ARTICLE 1.-THE domicile of this cor
pOration shall be in the City of New Or
leans, State of Louisiana. All citations
and other legal process shall be served
upon the President of said corporation, or
i'll case of his absence or inability to act,
upon the Vice Presiden', or i'll case of the
absence or inability of both the Presi-
dent and Vice President TO act, then upon
the Secretary of this corporation.
The President shall be the executive of
ficer of the cOrpOration he shall preside
at ali meetings of the Board of Directors
and stockholders.
ARTICLE II.-The objects and pur-
poses for which this corporation is es-
tablished and the nature of the business
To be carried on by ii are declared and
specified to be: 10 receive, buy, sell,
manufacture and deal in paper products
OF every kind and description, and con
tainerS, cartoons and reccptaClcS OF every
kind, size, material and description; 20
handle cOnSignments for, accounts Of, and
act as agent Tor any and all persons, COM
panieS or corporations; 10 buy, sell, manu-
Iacture and deal in all such materials as
may be used and necessary i'll the sale,
production and manufacture of paper prod
uCtS and of receptaclcS, cartoons and con
tainers; TO erect, construct build, buy,
acquire. own, rent, lease and sell such
buildings and factories as may be neces-
Sary or required i'll the manufacturing,
buying, selling and dealing i'll paper prod
uctS, containers, reCeptaCleS ana cartoons
and materials necessary i'll the manufacture
thereof and generally to do and perform
such other business as may be necessary
for the carrying on of the affairs OF this
corporation ana the carrying into effect
and accomplishing the objects and pur-
poses for which this corporation Is or
ganized and which are incidental or i'll
anywise connected or appertaining there
with.
ARTICLE IV-This corporation may
sue and be sued in its corporate name
hold, have, receive, purchase, convey, sell
mortgage, hypOthecate, pledge, lease ana
sub lease, and enjoy real, personal and
mixed property; also borrow and lenG
money and make contracts receive grants
of land, or personal property, and make
and use a corporate seal, the same to alter
and break at pleasure; name and appoint
such managers, directors, officers, clerks
and agents, as the interest and convenience
of said corporation may require; make
and establish such by laws, rules and
regulations for the proper management
and regulation of the affairs of said cor,
poration as may be necessary, and the
same to alter and change at pleasure, and
shall possess all the rights, powers ana
privileges to which corporations are or
may be by any general law or laws OF
This State authoriZed$ and entitled to
possess. Said corporation may exercise
It's corporate powers within any other
State or Territory in the United States
Or foreign country that shall permit the
same.
ARTICLE y.-The capital stock of this
corporation is hereby fixed at the sum OF
.wenty thousand and 90 400 (S2O,OOOOO) |
dollars, represented by two hundred (200) |
shares of one hundred and 90 400 (S1OOOO) !
dollars each. All stock subscribed for |
shall be payable in cash at the time the |
certificates thereof are issued or the same |
nay be issued at not less than par for |
property actually received by said cor |
DOration. The said corporation shall COM |
nence business when twenty thousand and |
~ 100 (S20,OO0.OO) dollars worth of stock |
shall have been subscribed for and paid. |
All transfers of stock shall be made on the |
books of said corporation by surrender |
If the certificate thereof to the presiding |
officer, who shall write the word can
,elled" promptly across the face thereof |
md erase the Presidents signature there
rom before issuing a new certificate.
Said capital stock may be increased in |
he manner provided for by the laws OF /
his State. Whenever an increase of said |
,apital stock shall have been authorized, |
fifteen days written notice shall be given /
o each stakeholder within which time
persons holding stock in this corporation
shall have the right to subscribe for SAID
Increase of stock in proportion to the |
number of shares of stock held by them,
md which additional shares shalf be
paid for at such times and in such man
Ter, as the Board of Directors may di-
'ect.
After the expiration of the said time for
and payment the Board of
AIKEN, for the benefit of the company in
such manner as they may think proper
1t not less than par value.
ARTICLE VI.-At all elections by or
meetings of the stockholders each share
If stock shall be entitled to one vote to
De cast either by the person in whose
lame the stock appears on the books OF
his corporation at the time of the vot-
ng or by his agent or proxy duly au-
hOrized in writing to that effect.
ARTICLE VII.-The business and affairs
md corporate powers of this corporation
hall be transacted by Board of not
more than five Directors nor less than
hree to be composed of stockholders
hereof, and they and each of them shali
'e elected at a meeting to be held for
hat purpose.
Jules Henry WE'LL, Casa Grande Apart
nents, New Orleans, La; Henry Levi,
)ctayia Apartments, New Orleans, La;
oomOn Levi, Octavia Apartments, New
orleans La, shall constitute the first | |
'oard of Directors and shall hold office
ntil the first Tuesday after the second ,
Ionday In January, 1921, or until their
uccessors are elected and qualified, each |
ubsequent board shall take their seats !
following their election or as a
Don thereafter as practicable and shall l
old their office. until their successors
hall have been elected and qualified. The
directors hereinabOve named shall select q
ieir own officers. I
The officers elected and designated to
rive until the first Tuesday after the I
.cond Monday in January, 1921 or until i
leir successors shall be elected are as !
FLOWS, to-wit:
Jules Henry WE'LL, president, Solomon i
evi, vice-president and Henry Levi, sec
tary and treasurer.
On the first Tuesday after the second
onday in January, 1921, and annually 7
ereafter an election for directors, by =
e stockholders shall be held at the of .
re of the corporation, after fifteen (15) | :
lys notice thereof shall have been given :
person or by depositing the same in .
e Post Office, properly addressed to the II
st known address of the stockholder of y
i'd meeting. Every Board of Directors 7
all at its first meeting after its cleo r
On, or as soon thereafter as practicable, 9
Act from their own number a President, !,
Id a first ice-President.
ha Sa;J ~ nf l.,