The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-08
CHARTER.
las. w. MARTIN & CO..
sinfkn INC.

,.iapo Parish of Orleans,
10 Of Lowv-iaans Be IL known, That
a New sirst day of March, in the
m thirt!nsand nine hundred and
y, one lno me. william Waller Young:
r,s.y. benI vlhel in and for the PARISH OF
vSsify s,Ste of Louisiana duiH com
essps and qualified anu 10 ,ne na M
- q the "a nersOnally cam" and APP
~ undersi whose names are mere
''.red the "a ali above the age OF ma
- subseIi Du.yeraIly declared that, avail
gsty. who nj the laws of the state
u ibemse Particularly Act 20 OF IVA.
JLsuisan' he organization OF corpora
rbfse ~ do. by thest bres'n,Sii IL IL
Is they .,salyes. rs well aS Nuch DINER
"a bind thelny hereafter become aS>o'i-
ssssoss as m1' 10 form and ronstitut"
"a sith lh g. the objects and purposes
Operation t ne articles and SupuIauons
bnssipg, THE name and title of
iRTlCLn .,ar shall be Jas. W. Martin
Al ecrpo' and under that name IT shall
Co. ines Gov all the rights, advantages
ist ana unses granted by law 70 cor
% ind shall exist for the tuil term
y ,pssriod of ninety niue years '''''' '''''
e.vT1cLE II-ThlS cori,oI W. ," 6rIa,ny
hI,,sd in the City OF NV 't ~ ~.
Isassna, Secretary. are designated a.
bsnre' Us unou whom citation or other
pe ea,eeess can be served
% r,cIp UI.-The objects and pur-
ABTlvtht corporation and the nature
- ehnsIness to be carried on by II
ne declared to be- TO carry on a
y leIey s,,srchandise brokerage business
e1efn sse acquire and hold. exchange,
and in any manner dispose OF or
!, commission or otherWIse, sugar,
~ On 49, and commodities of any kind
rsfhans AGENT broker or factor in said
su q for any person. firms or cor
rnsas. With the right and power to do
rFau ali things necessarily connected
~ sho any manner incidental or com
nn y 10 the merchandise brokerage
',.-,cIE Iy.-The capital stock of this
sh...s,ion. is hereby fixed at the sum OF
spc,asassapd (S1O,0O0OO) dollars. TO be
100 into and represented by one nun
ens'r1 oil shares in the sum of one hun
~ p@1noOOl dollars each: said stock
er1 rsid for when and in such in
~ ~. az directed by the Board of
1n.sss The capital stock Of this cor
ris r.ss, NAV be increased TO the sum of
r'fye thousand (S25,OOO.O0b dollars.
,,ryrI,E y.-All the corporate powers
N. eorporation shall be exercised 10y
pas,d Of Directors, consisting of three
I'ssalsers. two of whom shall cOnSti-
-. auorum for the transaction of bust
" directors may vote in person or by
- The first Board of Directors of
n. ,.o,nsration shall be elected at the
- steekholders meeting and annually
1.sfter as herein set forth. and shall
"a sffee until their successors are re-
.s..,sely chosen and qualified. The
s,.,d II Directors shall, at its first meet
- sleef from among its members Pres
a. Vice President and a Secretary,
~ sksr hold office during the term of
4. Board making such election, and in
=. n vacancy in any of the said posi-
49, the same shall be filled by election
!, a. Board of Directors. The annual
...irr Of stockholders for the election
= ijirsetors shall be held on the third
nsrsdsy In April Of each year, unless
N dsy be a legal holiday, and then on
B. pelt bank day thereafter: Any va
.,rJ occurring among the Directors, by
~ resignation or otherwise, shall be
ma by election for the unexpired term
II ;Ae remaining Directors. Each sub
ssber hereto sets after his name his
wfsf6ce address and a statement of the
,snba Of shares Of stock which he
rrsss 10 take in the corporation. At all
ffisns every stakeholder shall be en-
Ntd 10 one vote for each share of stock
f,silng In his name on the books of
n eorporation, to be cast in person or
y he written proxy. A majority of the
Ms cast shall elect.
ARTICLE Win the event of the liqui-
hdos Or dissolution Of this corporation,
n stockholders shall elect three liquida-
IN from smong their number at a meet
I Il convened for that purpose, after fiji
IN days written notice sent to each
ksiheder By mail to his last known ad-
tu Said liquidators shall have the
ulkority to wind up the business and
i1ir Of this corporation. In case of the
i. tsit Of q liquldator. the survivors shall
rpert stockholder as successor to
ARTICLE VII.-This charter may be
D>dl1et, changed or altered. or said cor
rrxkIon may be dissolved, with the as
~ Nockholders owning twO-thirds of
y f.fre capital stock. at a general meet
- n the stockholders convened for that
uyse. after fifteen Cl5) days written
~ snail have been given to each stock
MI mailed to him at his last known
d1pw
ARTICLE yIII.-No subscriber for
nxk hall ever be held liable for the
esnefs faults or debts of said corpora
~ any further sum than the unpaid
Hnso, any, due the corporation on
y nock for which he has subscribed:
mall any stakeholder ever be held
uok for such contracts. faults or debts
=! further sum than the unpaid bal
~ any. due on the stock owned by
-, hor shall any mere informality i'm
Spuntion have the effect of rendering
~ eharier null, or rendering any sub
rp9 Or Nockholder liable beyond the
49, smonnt. II any, remaining due on
MfIcLE Ix-This corporation is Or
.1,o under the laws of the State OF
1ns and especially Act No 267 Of
"a. nc the subscribers thereto. for
xnes and said corporation, and for
MIXERS directors aud stockholders.
! l Meept as part of this charter and
~ ullons OF this corporation. all the
powers, privileges and immunitieS
~ ~ corporations and granted to
~.a sse,serfed upon officers. directors and
q ~ Oh corporations by said Laws
A set; snch acceptance being rs
~. pFte and binding as If said
~, -1 pvNtis, privileges and immunities
=. ~ forth at full length i'm this instru,
~ svae and passed i'm my notarial
- y me City Of New Orleans afOre-
M ~ +. sse presence of Joseph NJ. Rault
Il r<eS ~ Jung. competent witnesses
~ kss,.ake and residing in this ,itv,
81, ~ subscribe their names. To-
a. ~nn said parties and me. Notary.
onxiss "a asy and date set forth in the
W'finsi signed.)
Tssssa subscribers omitted.)
nsil JOS. NJ. Rault l.. f. Jung.
[ a. s.aM. W; YOUNG. Not Pub.
~ /. sanusfHgned. Recorder of Mort
~ a rav,.,Ior the Parish of Orleans.
II q ana foregoing act of incorpora-
~ q - W. Martin e. Co. Inc. was
~ s1,y recorded In my office. i'm
N~.sSs ,eans La, April LIST. 1920.
49, EMILE ]. LEONARD. Dy. II.
~, v. W. YOUNG. Not. Pub.