The herald. [volume] (New Orleans, La.) 1905-1953, 1919-04-10
CHARTERS

| laws OF such State, District, Territory, Col
| ony or Country. And generally TO do any
and all things incidental 10 or connected
with the objects and purposes hereinabove
set forth. The foregoing clauses shall be
construed both as objects and powers; and
| II is hereby expressly provided that the
| foregoing enumeration OF specific powers
| shall not be held 10 limit or restrict in any
manner the powers OF this corporation. In
general, TO carry on any other business in
! connection with the foregoing, whether manu-
| featuring or otherwise, and 10 have and TO
| exercise all the powers conferred by the
( laws OF Louisiana upon corporations formed
! under the act hereinafter referred to-
| ARTICLE IV.-The capital stock OF this
corporation is hereby fixed at the sum Of
Three Hundred Thousand (S5OOOOD.OO) Dol
lars, to be divided into and represented by
three thousand 5000 shares. in the sum
OF One Hundred $4,000 Dollars each said
| stock shall be paid for at such times and in
| such manner as the Board of Directors may
| determine. All shares of stock of this cor
poratlon shall be full paid and worcestershire
! No transfer OF stock shall be binding upon
the corporation, unless made upon its books
| and all certificates OF stock shall be signed
| Og sncA Officers as may be designated by
the Board Of Directors. The capital stock
OF TINS corporation may be increased to the
! sum OF One Million (SlOJ0,0Q0O) Dollars.
! ARTICLE N.-All the corporate powers OF
! SAID corporation shall be exercised by a
Board OF Directors consisting OF not less
| IMAM I'VE nor more than nine stockholders,
a majority OF whom shall constitute a quo
rum Tor the transaction Of business. The
Board OF Directors shall elect annually
| from their number a president one or more
| Nlce-Presidents, a Secretary, and Treas
urer, winch latter offices may be filled by
one one, person. The first Board of Directors
snail consist OF five stockholders, and shall
be composed OF Oscar X. Whlden Crawford
II. Ellis John II. Jones Hubbard NJ. Field,
and Frank L: Carder, with Oscar r. Will
den as President; Crawford II. Ellis and
John II. Jones as Nee-Presdents, and
Frank L. Carder as cretary.Treasurer,
The Post Office addresses of said directors
are as follows: Oscar r. Whilden, 800
Whitney. Central Building, New Orleans, La {;
Crawford H. Ellis, 32l St. Charles Street
Mobile Building, Mobile, Ala; Hubbard NJ
Field, 494l ST. Charles Avenue. New Or
leans, La; Frank L. Carder. 1907 Prytania
Street New Orleans, La. These directors
shall serve until the third Monday in Feb
ruary, 1920, or until their successors have
been duly elected and qualified. Anv of
I the directors may. BY written instrument
| appoint another director TO act as his proxy
at any and all meetings of the Board Of
DIRECTORS The annual meeting of stock
holders for the election of directors shall be
held on the third Monday in February Of
each year, unless said day be a legal holi-
| day, and then on the next bank day there
after. Any vacancy occurring among the
directors by death, resignation otherwise
| shall be filled by election for the unexpired
term by the remaining directors. Each sub
SCrlher hereto sets after his name his post
office address and a statement of the num-
| her OF shares of stock which he agrees to
take in the corporation. At all elections
| every stockholder shall he entitled 70 on.
vote for each share Of stock standing in his
name on the books OF the corporation. 10 be
cast IN person or by his written proxy. A
majority GRITTY, Of the votes cast shall elect
: ~
ton. or dissolution of this corporation. the
stockholders shall elec; three liolidato-s
from among their number at a meeting CON
Vened tor that purpose. after written notice
as required by Act 267 Of 1914. has been sent
TO each stakeholder by mail at his last
known address; said liquidators shall have
the authority TO wind up the business and
affairs OF this corporation. In case of the
death OF a liquidator, the survivors shall
appoint a stakeholder as successor to him.
ARTICLE Nll.-ThiS charter may be nodi-
fed, changed or altered, or said corporation
may be dissolved, with the assent of stock
holders owning two-thirds (2-3) of the entire
capital stock, at a general meeting of the
st2eNhoiders convened for such purpose after
fifteen u5) days written notice shall have
| been gwen to each stakeholder mailed to HIM
at his last known address.
| ARTICLE NIII-No subscriber for stock
shall ever be held liable for the contracts,
| faults or debts OF said corporation in anv
| further sum than the unpaid balance, If
any, due the corporation, on the stock for
which he has subscribed; nor shall any
stakeholder ever be held liable for such
contracts, faults or debts in any further sum
| IMAM the unpaid balance, If any, due on
| the stock owned by him; nor shall anv mere
| iniormalty IN organization have the effect
! OF rendering this charter NULL or rendering
any subscriber or stakeholder liable bevond
me unpaid amount II any, remaining due
| on his stock.
| ARTICLE IX.-This corporation is orga.
nlzed under the laws of the State of Louis
iana, and especially Act No. 267 of 1914, and
the subscribers thereto, for themselves and
said corporation, and for its officers dire.
tors and stockholders hereby accept as part
OF this charter and as conditions of this cor
poraton all the rights, powers, privileges
and Immunlties granted 10 corporations. and
granted to and conferred upon officers, di.
icy ana Stockhoiders or corporations by
said laws and said act; such acceptance be.
ing as full, complete and binding as if said
nights, powers, privileges and inmunities
were set forth at full length in this instru.
ment.
Thus done and passed, in my Notarial of.
flee. in the City of New Orleans Aforesaid
IN the presence of Thomas Joseph Dobbins,
and Frazier L. Rice, competent witnesses of
lawful age. and residing in this CITY. who
heTeunto subscribe their names. together
day and date set forth in the caption hereof
Witnesses: Frazier L. Rice, T. J. Dob.
bins -
Original Signed (Names of subscribers
omitted.
W. w. YOUNG,
Notary Public
l, the undersigned, Recorder of Mortgages.
IN and for the Parish of Orleans. State OF
Louisiana. do hereby certify that the above
ana foregoing act of Incorporation of The
Gulf Coast Cattle Company. Inc, was this
day duly recorded in my office, in Book
1925 Folio l69
New Orleans. March 10th. 1919.
(Signed EMILE J. LEONARD, DIV. R.
A true copy.
w. w. YOUNG.
Notary Public