The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-25
CHARTERS.
-rR OF CANAL LN'EsIhhNi
His1hH COMPANY, INC.

-, states of America, STATE OF LOU
Csted e.Nb ~ orleans. city OF New Or
5ina' "a n known, That on inns lulh
NBs ~ month of March, nineteen nun
by ,wenty. and Of the lndepehutnce
~ United States OF hhltIra' w ~
TIE INA fortV-fOurth, betOr" me- FL
.Ihdred anu a Notary Public, duly
tb Ia and qualified in and Tor
tsnBihof orleans, State Of Louisiana.
ne sasIding. and in the presence Oh
thsrels hereinafter named ana uh-
b. VIII personally came and appeared
ts'sls.aI nersonS whose names are mere
bs,.Ssfa,ed, all Of the tuli age Oh
orc .i,v who seyerally declared 10 me.
sa !S,S that availing themselves Oh tne
Mn,, the State of Louisiana III su'h
SIS y Ia and provided. and more par
ases NAV ~ Act No. 267 of the General
BTBy ~ Louisiana of 1914, as amend
LsepSu., 10 the creation, organization
d ruaation of corporations, they have
90 IV .,ad and agreed. and by these
men, 40 covenant and agree and bind
i,"lyes as well as all such other per-
~ ~. az NAV hereafter become assoclateu
~ hen. TO form corporation Tor the
~. -, and purpOses. and under the ar
W" "a stipulatiOns following. tO-wit:
,RrICLE 1.-The name and style OF
Hn comnsny. Inc. and under its cor
hn De-. nsme II shall have power and au-
VIZ, N have and to enjoy corporate
W. lsa.s.s Tor n period of ninety nine years
- his date unless sooner dissolved ny
ns-astion or otherwise: il shall have
~ IA contract, to sue and to be sued,
-.ks and use corporate seal, and TO
~, and break same at pleasure; 10 hold,
sLss. receive, purchase, TRANSFER as
400 ar otherwise receive or dispose or,
ss.sasy,y real. personal and mixed. cor
al ar incorporeaI; TO issue bonds, and
s.s,red TO secure the same by mort
s,,s. IA buy and hold stock in other COM
..iss. N name. elect and appoint such
ranagprs. agents. directors, or Officers,
a M business interests may require. and
a make and establish, alter and amend,
1r.sws. rules and regulations for its
s,opsr government as may be deemed
,ess,ary and proper. and generally TO do
my and all things incident to, or neces-
ury and proper for the proper conduct
nd ,fuansion of the business in which
~ corporation is engaged.
ARTICLE H.-This corporation shall
h domiciled In the City of New Orleans,
louisiana. and all citations or other le-
nj process shall be served upon the
President OF the corporation, and in the
event Of that officers absence, upon the
Vice President. and, in the event of the
ib,nce Of both. Upon the Secretary or
he Treasurer.
ARTICLE III.-The objects and pur'
wses for which this corporation is organ
hd and created, and the nature of th'
business to be carried on by it, are here
b. declared TO be as follows: To buy
IN Vase and otherwise acquire, deal in
dispose Of property, real, personal oil
riyed. In the City of New Orleans or else
rAse, either for its own account or fol
Hcsunt Of others and TO carry on anC
onduct such other business and to dc
neh other things as may be found neces
sy or convenient to effectuate the afore
sid purposes, or to enhance the prosper
ny md the value Of the properties, rights
md privileges Of this corporation.
ARTICLE Iv.-The capital stock of thii
srpcrstion Is hereby fixed at the sum o.
ms hundred thousand (S100,0O0.00 dol
hs divided into and re. resented b,
M thousand shares, at one hundred
NWW) dollars each. Said stock shall
paid for In cash or its equivalent al
rsvided BY law. and in such manner anC
ueh time and In such installments n
nay be prescribed by the Board of Di
rdors The capital stock may be in
sieasd TO tive hundred fifty Thousand
NO thousand five hundred shares, at on
Kindred tS10000l dollars each. All stocl
this corporation shall be full paid ant
laa-assessable, and shall be Represented
y nrtiheates Of such form as the Boar,
Directors may determine. signed b.
~ President or Vice President and tn
Sfetary, and sealed with the seal of tn
torporstion.
ARTICLE y.-The stock of this corpor
sueh may be transferred only on tn
ecn Of the corporation. and subject I
Sh regulations and formalities as ma
prescribed from time TO time by tn
oesfd Of Directors No stakeholder sha
permitted TO sell, or otherwise dispos
us stock without first Offering I'll
ame N writing to the other stakeholder
aeeeh the Board Of Directors. at a priC
~ exceeding the hook value thereof. an
acckholders shall have an option an
Ia nght TO purchase for cash all II
.sfes 81 stock to be thus disposed o
mali have period Of ten days will
shich to accept or decline such of,
y neck, Upon the failure OF said Boar
reetors or the stockholders to exc
~ within the time stipulated the optic
- uanted TO them, the stockhold,
enres to sell or otherwise dispoi
aoek Tor his heirs) shall he at III
* sell or otherwise dispose Of h
s,,s. aoek In such manner and at sue
go - ne or they may see fit. But Il
sss...I % this corporation shall be MOI
usS.ae aud nen-transferable, exec
ss NE conditions and stipulation
wsoose set forth. and no transit
An ~, whatsoever shall be binding N
Poh Its books.
akTlCLE vI-The cornora,e MOVIE
81. un corporation shall be vested in. ~
49, py, Board of Directors. cor
A. not less than four nor mo
Asp stockholders, three of who
a. All times constitute a quorum T
sn - . OF business. The Dire
n :, ms corporation may vote in pc
f ~ Of the Board of Directors, IN
dan posfd Of Directors of this compal
IN, composed OF the following: Pet
ksrs ST n62 Gravier street. New q
hsnsA Alexander Krauss, sol Mais,
M,sm. sldg- New Orleans. La; Mey
"a VA .ss conimon street, New OrleaI
Aas Noa 3 Lazarus, 902 Maison Blanc
dan .ss w orleans. la. These Directo
N,rh ,eas Until the second Monday
hre I'll or until their successors sh;
eeen elected and qualified The +
s~snshaii be elected annually nv 4
Il ~ ~ at meeting of stockholde
tarrn ss,u on the second Monday
hgs sA sseh year. Notice of such NEE
IL a.ss De given fifteen DAYS prior
sst H. s hereof In writing. aud shan
sddrss. a,a stockhclder AT his last know
sas,sI FAC zach stakeholder shall at SUI
" sns.;a meeting or other meeting, gener
pery - De entitled in person or
sxs.d y one rote for each share Of sto
md, ~ Mn. Elections shall he nc
ttsn t,u sn rules and regulations as ms
hs,rd a. no 10 time, be prescribed by I
slvssd smrectors The Directors. VIII
/ stl ~ snah hold Office for one wear.
shrt,a ~, successors shall have he
As ss.nn ns qnalihed, and failure 20 hC
tArt s,rsme meeting OF stockholders or
mt Rss the Directors shall not a
~ ~. forfeiture OF this charter or
usyas \, hereunder. Any vacancy ,
the Board Of Directors m
i ses,s SI the remaiping Directors
! M spired term. Immediately AZ
i ~ ~ 'en each year. the Direct,
asd select from their numl