The herald., 1920-12-02
CHARTER.
,,TrF OF SoH ,S,5 HF I5.o, INC ocro-

4 = or LoI1' and Of the independence OF
"a tEenI Scales Of America the one hun
h oritfSu forty fifth heioTy me, Ga I.'
ID ssS SS Jr n3iSla pup'a and 10 Tor tbis
| IssBed md state. therein, residing.
/ - Parish asanCe Of the witnesses here
o5'iE the "a and undersigned, person
/ b,,tg namo5 appearcd the following
/ N cane as whose names are hereunto
| ,,sei PEI torether with the amounts OF
~bsc1oeu,, subscriptions 10 the capt
| sd, resPeSS ,he corporation to be formed,
| ack OF declare that. ayailing them
:, ssefs,hs provisions Of the general
| VS. Of state OF Louisiana, relative TO
/ 20 u. .,jon OF corporations, they have
l :, s-ga md agreed. and by these
s,siseo ansnt and agree. and bind and
/ ,,,xsS co., selves. a. well IS such other
| ,.igsie may hereafter become asso-
/ grsess them or their successors TO
/ apH constitute themselves INTO cor
/ ~ AL "a body polite in law. and for
,Srtbon sH ard purposes and under the
/ 4, objecvs nd stipulations following, to
/ st. vT-Tbe name and title Of this
lRflCLn sbsl be John Heyd, lucOr-
1 ,5rpenuU, nv that name this corpora
/ ,ssts !, ~ nave power and authority to
4 16r Shi anioy succession for the full
nR ,,nsty-ntnc years from the date
l ~ "a contract, sue anu be sued. TO
40. money, to make ana issue lts htEo-
M's on. 'seSts, to make anu US a corpora"
1 al 70 Panyey. as well as mortgage and
II nu property. real, personal and
l .Jpen hniid on aud improve any prop
slIeo al estate, 10 name ana appoint
~ as,cers and agents as the interests
% corporatiOn may require, TO make
1 sN.bIish such bylaws and regulations
1 80 nroper management ana regulation
ttsjrs as may be deemed necessary.
TO S.me 10 alter, change and amend
/ rlssIre ,...,. .,,
Fsb.TI be the City Of New Orleans.
Nrno1 Iouisians. and all citation and
s1s %.,I process shall be served upon
Ksa of this corporation, or, in
De sis absence. upon the Vice Presi-
~ u IN case Of the absence OF both of
~ s.srs upon the SeCretary-Treasurer
''D.IrrE uI-The objects and purposes
Mn this corporation IL established,
~. ,,ture Of the business to be car
=, By It are hereby declared TO be 10
General cOOperage manufacturing
Including the purchase and sale
mA.s,a hand coOperage, and generally
and every act and thing done
a.ssctiop with the operation OF gen
:, sppeftge business.
,,,IcrB V,-The capital stock Of this
n,.tiou shall be fifteen thousand dol
MWiI 40 0O,, divided into one hundred
~ sry shares $50 Of the par value
Sspdred dollars tSlO0.00) each. and
~, Increased to the sum Of fifty thous
affairs (s500O0,oOl divided into fiVe
s.,,.S shares OF the par value OF one
80 NlOOl dollars each, and this cor
.ts1 Is 10 be a coming concern when
90 Of the capital stock has been
,..,;lsd for and one half thereof paid
I.rh share Of the stock shall be
- 10 one vote. either in person or
= ,r,Yy, at all general elections or
4 ..,ipc OF stockholders. Should the
,,s,l stuck Of this corporation ever be
.s-.ss1 over the sum of fifteen thousand
s,is-s (slSOO000) then such additional
S,,ss Of stock that may be issued shall
- Il offered to the holders of stock at
a IN e Of issuance at the book value of
\ N : stock In the proportion in which
4 a t,ekholders shall at the time OF is
i r,ss hold stock in this corporation, and
axN any stockholder not purchase his
] r,poi tionate share. than said share shall
\ ksf red to other stockholders In proper,
\ N Z, the number OF shares held by them
\ Z N, time Of the issuance OF the new
4 nj Part Of the stock has been paid
4 rh property, as per annexed inventory,
II Article y.-The capital stock OF this
\ nrsrston may be paid for either in
\ us,e, property or labor done and in con-
N, ton Of the transfer by John Heydl
4 tns properly described in the inventory
1 Issld hereto, the corporation has given
4 II triasferred to the said John Heydl
\ uiures Of the capital stock OF this cord
/ wslon In payment of the property de-
n risd In said inventory and has granted
1 N discharge and aCquittanCe TO him for.
4 I'd ares Of the capital stock of this cord
4 ND on
1 liirICLE VINO stakeholder shall even
kkn liable or responsible for the I'M
1 th,slness faults or defaults OF this corr
| ,ndon nor shall any mere informally,
/ Az organization OF the corporation have
n stect Of rendering the charter null or
/ aul osing the stockholders to any liabil
nhyond the unpaid balance. if any. or
hnrk subscription. Should any stock
lad desire TO sell his stock he shals
IL iIfer the same to this corporations
A which shall have first preference
1rsan, an then 10 the stockholders of the
cnpi ny at its book value. through its
srery, and the stockholders who de-
N b. purchase shall have the right &c,
NH Sc the same in the proportion tc
IN respective holdings of stock in the
lizpi ny. Should any stakeholder not wisfs
-
STARE shall be offered to the other
met oders proportiOnate to the number
Rlres owned by them. Should this
xpuation or said stockholders, in fifteen
W after notice having been given, in
nnhe fall or refuse to purchase the
n offered for sale. such stock may be
TO anyone. No transfer of stock shall
nsde or held to be valid and binding
made In pursuance OF the pro
AkIiCLE VlI.-This corporation shall
al powers granted to such corpora
~ BY law and shall have the power to
a,rsct sue and be sued in its corporats'
me and to own, hold, receive. loan
purchase, sell and convey or mort
any or all Of its effects. or to hypOtheS
us property, and to do any and all
snd things Of any kind, nature o.
puon, as may be necessary to carrS
3@ne objects and purposes of said bust
4Sn m interests and conyeniences mas
NlCLE V11I-The business OF this
Rs,tlon shall be directed by and vested
board OF Directors, consisting OF
"a members, two OF whom shall constt'
quorum, for the transaction of bust
nho the said Directors as first con-
NJ 49, snail be John Heyd. Robert Ragas
uhes II. Adams. and they shall holi
@nl the last Monday in October,
ao on that day and on the same day
sMet elections shall be held annually
- gtors at the principal ONCE of the
s1on. Failure to hold an election
gay specified shall not dissolve th
M saen, but the Directors in Office
-. o'd their respective Offices until aN
- tnan be held after thirty days
Is,t me time and place thereof giyey
N hrI Ioekholder. The annual election
~, ueld on the last Monday In Octc-
I, - ana thereafter on the last Mog-
vetooer Of each succeeding yeas,
\. :, election shall be held between TIE
rs.,,a TWO and four o'clock p. m. ASl
I.,ss on the Board OF Directors. for
~. cause, shall be filed by the re
Mr., directors. John Heyd shall he
ktas resident, Robert Ragas shall Ne
n ~ wee President. Charles II. Adams
q s,n me nrst Secretary Treasurer, AMI
hold Office until the last Mos
october, 1921, or until their sue
M a. re elected, and each succeeding
-, o. directors shall elect its principal
II SraOl, me term OF their election, and
SnnOloers shall be eligible for elee-
member OF the Board OF DireG-
Mth nctors may act either in person
Mr.YVAy. All contracts commercial