The herald., 1920-08-12
CHARTER.

l.
dred and forty-third. before me. Raymon
III. Saal, Notary Public. duly commissions
and qualified, within and for the Parish q
Orleans, State of Louisiana, therein reSid
ing. and i'll the presence of the witnesse
hereinafter named and undersigned, per
s0nally came and appeared the Sevrra
/ persons whose names are herCuntO sub
scribed. who sevcrally declared that, avail
ing themselves of the benefits and provi
| SiOnS Of the Constitution of the State O
| Louisiana and of the laws of said Stat
! relative to the organization Of corpora
tons. and particularly of the provision
of Act No. 26I of the General Assembly q
the State of Louisiana for the year 1914
they have united to form. and do b,
| these presents form and organize them
| selves, as well as all such otner person
! who may hereafter join or become asSu
ciated with them or their SUCCESSORS int
stock corporation for the bjects an,
| purposes and under the covenants Stipu
| latiOnS and agreements following, tU-wit
| Article l. The name and title Of thi
! corporation shall be The Stebbins Com
| pany, Inc and under and by said name
/ unless sooner dissolved in accordance Will
the law and this charter. 1t shall exist anC
! continue, and shall have and enjoy cOrpor
! ate existence and succession for a period o.
| ninety-nine (99) years from and after tn,
date Of this act. 1t may have hold re
! ceive, borrow, lend, exchange. acquire by
/ grant, gift or purchase, devise or bequeSI
! sell. ALLEVIATE, dispose Of, convey, lease
I e
mortgage property Of any kind, whether
! real, personal or mixed, corporal or in.
corporal, movable or immOvable all SUB
| Ject 10 such limitations as may be pre-.
scrlbed by law. 1t may make, issue and
endorse bonds or notes and other eyi.
dences of debt. 1t may accept mortgages
pledges or other forms of security foI
money loaned or other debts. Ii may con
tract, sue and be sued, plead or be i'm.
pleaded by its corporate name in any court
of competent jurisdiction. 1t may make
adopt and use common seal and alter
the same at pleasure. 1t may hold stock
In ohter corporations and its capital stock
may be issued for capital stock in other
corporations. 1t may name. appoint and
employ such managers, direCtOrI off
GERS, agents and other employees as its
said business and cOnvenienceS may re-
quire, and may fix their cOmpen sation,
having due regard to the nature, char
acter and value of their services Ii may
make and establish bylaws, rules and
regulations not inconsistent with this char
ter or any existing law, fixing or altering
the management of its property, the regu-
latlOn and government of its affairs, and
the manner of the certification and regis
tratl0n OF its stock. 1t may wind up and
dissolve itself, or be wound up and dis
solved in the manner prescribed by law
1t may conduct business in this State.
other States, the Federal Districts, the
territories and possessions of the United
States, and in any foreign country. 1t
generally shall POSSESS all the powers
rights, privileges and immunities which
corporations are and may hereafter be
autohrlzed TO possess under the COnSti-
tuition and laws of this State. and partic-
ularly under Act No. 267 of the Acts of
the General Assembly of the State of
Louisiana for the year 1914. And II shall
nave the power to invest its board of dir
ectors with all of its corporate powers
subject TO such restrictions as may be
named in this charter.
Article III. The domicile of this corpor
alton shall be the City of New Orleans
Parish of Orleans, State of Louisiana, and
an citations or other legal process shall
be served upon its President or In the
event of his absence, upon the Vice Presi-
dent or in the event of the absence of
both OF said officers, upon the Secretary.
Article III. This corporation shall have
the power to conduct its business in all of
It's branches In any States, Territories or
possessions of the United States, as we'll
as In foreign countries, and may have one
or more offices outside of the State of
Louisiana.
The objects and purposes for which the
said corporation is formed and the nature
OF the business TO be carried on by il are
hereby declared to be:
ID To carry on the business. both
wholesale and retail, of selling tools i'm
PIGMENTS and accessories of all kinds made
from steel and other kindred products: TO
buy, sell, manufacture fabricate and deaI
in all kinds and combinations of Steel
iron or other metals or either or any of
them, or in which steel, iron or other
metal forms a substantial part. including
t, implements, machinery, railway
oUIer parts, accessories and general sun
pies and specialties and to transact a gen
eral steel ana iron manufacturing jobbinv.
1abricating, machinery and supply bust
ness.
" To purchase lands or otherwise nc.
quire lands and buildings in this state or
elsewhere for the erection and estabIisb.
ment or mandatory or manufacturers
anu WORK shops, with suitabel plant. en-
glnes and machinery, with a view to buy
III seing, importing and exporting or
Liner WISE ueanng in, either directly or in
litectIy, through the medium of agents or |
DtnerWlse, IRON and steel equipment az
,essories and supplies for railroads shin
y. , OIL fields and ship yards, as well
- accessories manufactured from steel and |
Alndred products, and to acquire by mr.
'hase or otherwise, patents, patent rights
inu privileges, or improvements or secret
, % s,i SCI Tor or in any manner relating
y an OF any OF the objects aforesaid, and
o grant licenses for the use OF or to Saii
y otherwise deal in any patents. patent
lghts amid privileges, improvements or
ecreI processes acquired by 1t, and to sell,
aoi sase' Iease or otherwise deal with
ANY. VI '"e eoni
10 To act as the agent or represent-
1--WE OF corporations, firms and individuals
no as such to develop and extend the
usiness interests of corporations, firms
no individuals and carry on the busi-
ess generally Of manufacturers agent.
90 general business as a commission
lerchant, selling agent and factor in the
lanner and to the same extent as natural
ersons could do; to make and enter info
IL manner and kinds of contracts agree
rents and obligations by or with any per
On or persons, corporation or corpora
ons Tor the purchasing acquiring hold |
~ manufacturing and selling or other
Use disposing of, either as principal or
gent, upon commission or otherwise. iron
no steel products of all kinds and nature
wen as any other articles of personal
r11perty whatsoever, and generally with !
III power TO perform any and all acts |;
'hnected herewith or arising therefrom (,
incidental thereto and any and all acts .
roper or necessary for the purposes of :
le business; to act as manufacturers ,
gent and purchasing agent of any and all =
trsons, nrms, corporations or associa- !
ons; 10 own and operate warehouses and [.
aces Tor the storage Of goods and mer- :
landise OF all kinds and generally to act :
a storage and freight forwarding agent :,
10 generally to carry on ana undertake a
~ business, undertaking, transaction or |;
,eration commonly carried on or under =
Ken oy merchants, commission men, fac .
rs ana manufacturers agents and In the =
urse OF such business to draw, accept, !
oorse. acquire and sell all or any negot- I :.
pie or transferable instruments and .
edits. a
a. Generally to do ALI and ev.rvtbino .,