The herald. [volume] (New Orleans, La.) 1905-1953, 1920-11-04
CHARTER.
CHARTER OF STENENS-BARTHE MAN
IFACTIRING COMPANY, IN
CORPORATED.

United States of America, State of Lou
isiana. Parish of Orleans. City of New or
leans. BE il known. That on this eleventh
day Of the month OF September, in the
wear OF our Lord. nineteen hundred and
twenty, and of the Independence of the
United States of America. the one hun
drcd and fOrty-tfth. before me. Allan
RAYMOND Beary. Notary Public, in and
for the city. parish and State aforesaid.
duly commissioned and qualified and
therein residing, and in the presence OF
the witnesses hereinafter named and un-
derSigned, personally came and appeared
the several persons whose names are here
unto subscribed, who declared that. avail
ing themselves of the laws of the State of
Louisiana, relative to the formation of cor
pOratiOns, and especially OF Act No. 26I
% the acts of the General Assembly of the
year 1914. they do hereby form them selves,
their associates and successors into cor
poratiOn under the following conditions
which they hereby adopt as their articles
of incorporation or charter, tO-wt:
ARTICLE 1.-The name and style of
this corporation shall be Stevens Barthe
Manufacturing Company, Incorporated.
and under said name it shall have cor
porate existence for ninety-nin years
from and after this date, unless sooner dis
solved; its dOmicile shall be in the City
of New Orleans. State of Louisiana; eta
tiOn and all legal processes shall be served
upon the President or, in his absence.
upon the Secretary Treasurer of this cor
pOratiOn.
ARTICLE 1.-THE objects and pur-
poses for which this corporation is formed
and the nature of the business to be car
ried on by II are hereby declared to be :
The manufacturing, marketing and selling
of various articles and commodities made
of wood or metal. the buying and selling
on lands and other property. real or per-
sonal, the owning, chartering and Operat-
ing Of tramways and narrow gauge rail
roads, boat lines and other transporta-
ton devices; the owning and operating
of plants, factories and mercantile estab-
lishments and to exercise all powers con-
ferred upon corporations by Act 267 Of the
General Assembly of the State of Louis
lana and the amendments thereto.
ARTICLE III.-The capital stock of this
corporation is hereby fixed at twenty five
(S25,WOOO) thousand dollars, all of which
shall be common stock, and said stock
shall be represented by two hundred and
nifty (25Ol shares of the par value of one
hundred $500 dollars each. All stock sub
scribed for shall be payable at such times
and on such conditions and terms as the
Board OF Directors may from time to
time fix and determine in each particular
case, or by general resolution, or the
Board of Directors may issue certificates
OF paid up stock in payment of property
or goods actually delivered TO this cor
poration, or for services actually rem
dered to 1t.
ARTICLE IV-No stakeholder shall ever
be held liable or responsible for the con.
tracts or faults of this corporation in any
further sum than the unpaid portion of
MS subscribed stock, nor shall any mere
lnformality in organization have the effect
or rendering this charter null or exposing
stockholder to any liability other than
as above provided.
ARTICLE VAN of the corporate no,v
ers OF this corporation shall be vested in
ana exercised by a Board of Directors
composed of not less than five (5) nor
more than seven 90 stockholders, who
shall be elected by meeting of tn. stort,
holders held for that purpose at the domi.
Gle OF the corporation on the second
tuesday OF January of each wear begin
nlng with the second Tuesday of January
No.. Notice of such meetings shall he
given TO each stakeholder at least fifteen
days prior to such meeting. either per-
sSnaIy, or oy depositing said notices in
iast known address Of each stakeholder as