The herald. [volume] (New Orleans, La.) 1905-1953, 1920-12-09
CHARTER.

49, 49,. ' Inise nurchasi. sell and convey. as
well as mortgage. hypothecatc and pl''E"
property. real personal anu nllArn. cor
poreal and incoTpOrcal; 10 name anu "l'-
uoint such managers, directors, oIh''r>'
agents and other employees a. li- III
tcrrst and convenience may require, anu I,
MAKE, and establish well as alter ana
amend from time to time. >u"h 10y -IaN~s
rules and regulations as may J." necessary
and eNp"dicut for the proper lnhhdEtW'h'
and government of the affairs OF TINS cor
poratiOn.
ARTICLE 1.-THE domicilr Of this cor
poration is hereby fixed in III" 'll\ g.,
New Orleans. State of Louisiana, anu aI
CITATIONS or other legal process snail h'
served uuOn the President OF Sald cor
poration, or, in his absence, upon It's sec
ARTICLE IU.-The objects and pur-
noses of this CORPORATION. and the nature
If m. business TO be carried on by II arr
hereby declared 10 be TO do Il general
warehOusing business, ana an iH' hu-l
ness necessarily or lmpn'uil lh,Int .,.'..
thereto, and to that end TO purchase,
lease Sub-l.asr. own and operate ware
houses: to carry on the business OF pu"l'
warchouScman; to issue Warrhouf r.
criptS. negotiable or n"n-nc-otahle. ana
10 DO any and all things Complementary or
incidental to general warchouslhE huSI-
AETICLE IV.-The capital stock Of this
CORPORATION is hereby fixed ~ the sum "'
i've thousand dollars lS5UTNl. divided
into and represented 10y hitE 'Joi SudI'>
of the par value of one hundred 'Nlu","'
dollars each: said stock shall b" paid for
when and in such iuStalimeutS as directed
by the Board of Directors. Inc capital
stock of This corporation may o" increased
go the sum Of one hundred IuvANdi4b 'fl''-
| OUOuU) dollars.
ARTICLE V.-Au the corporate powers
! of this corporation shall br exercised 10y
| 70 Board of Directors consisting OF not
| Jess than three nor more than hNv >'"' h.
holders. majority of whom. either pres
rut in person or represented 10y proxy hrla
| 10y another Director, shall constitute q
| quorum tor the transaction Of all business.
| The Board of Directors shall elect an
uualiy from their number ir">idcut. 81
| Vice Prr>i drut and "a Secretary and lrta~-
urrr The Board of Directors may J"I'.
| the Offices of Secretary and Treasurer ana
| may elect one person To hold hoth oiH',S.
| or may elect a person who i not a stock
| holder for the office of Secretary. tn,
first Board of Directors shall consist 81
three stockholders. and shall b" composed
| of nrlnu Villa. Christine MuSia and Charles
Madurn. with the said bclnn Via -
| President. Christine Ma>ia a> Ntr"-Prr>l-
dent, and Charles MadueI as Secretary
The Post Office addresses of said III
recturS are as follows. Dclhn Villa. 80
| Prytania Street, New Orleans, La: ChrlN.
tino NlaSia, 1928 Prytania Street New Or
! leans, La. and Charles Maduei, l+1'
North Claiborne Avenue. New Orleans, La.
These Directors shall serve until the
third Friday Of November. 1921. or I'M
|
and qualified. The annual meeting OF
stOckh elders for the election of Directors
| shall be held on the third Friday Of No
vembcr of each year, unless said day be
legal holiday. and then on the next
bank day thereafter. Any vacancy oc-
curing among the Directors by death.
resignation or otherwise. shall be filled 10y
election for the uneXpired term by the re-
naming directors. Each subscriber here
to sets after his name his pOSt-Otice ad-
dress and statement Of the number Of
q Nt-If rh ha f1t r.4
in the corporation. At all elections every
stakeholder shall be entitled to one vote
for each share of stock standing In his
name on the books of the corporation. TO
be cast either in person or by his written
proxy. y majority of the votes cast shall
elect.
ARTICLE Win the event OF the liqui-
datiOn or dissolution of this corporation,
the stockholders shall elect three liqui-
datOrs from among their number at a
meeting convened for that purpose. after
fifteen (lJD days written notice sent 10
each stakeholder by mail to his last known
address; said liquidatOrs shall haze the
authority TO wind up the business and
affairs OF thiz corporation. In case OF the
death of a liquidator, the survivors shall
appoint a stakeholder as successor to him
ARTICLE Widths charter may me
modified, changed or altered, or said cor
pOration may be dissolved, with the assent
of stockholders owning two-thirds of the
entire capital stock. at a general meeting
of the stockholders convened for that pur-
pose, alter n1teen kl0D Gays written NOTICE
shall have been given to each stockhold-
er. mailed to him at his last known ad-
dress.
ARTICLE vIII-No subscriber for stock
shall ever be held liable for the contracts.
faults or debts of said corporation in any
further sum than the unpaid balance, If
any, due the corporation on the stock for
which he has subscribed; nor shall any
stockholders ever be held liable for such
contracts. faults or debts in any further
sum than the unpaid balance, If any, due
on the stock owned by him; nor shall any
mere informality in organization have the
effect of rendering this charter null. or
rendering any subscriber or stakeholder
liable beyond the unpaid amount, If any
remaining due on his stock.
ARTICLE IX-This corporation is or
ganized under the laws of the State of
Louisiana. and especially Act No. 267 Of
1914, and the subscribers hereto. for them
officers. directors and stockholders, hereby
accept as part of this charter. and as con-
ditiOns of this corporation, all the rights
powers, privileges and immunities granted
TO corporations. and granted to and con-
ferred upon officers, directors and stock
holders of corporations by said laws and
said act; said acceptance being as full
complete and binding as If said rights
powers, privileges and immunities were
set forth at full length in this instrument
Thus done and passed in my NOtarial
Once. in the City of New Orleans, afore-
SAID, In the presence of George ii. Terri
berry, and Thomas Joseph Dobbins. COM
petent witnesses of lawful age. and re-
siding in this city, who hereuntO subscribe
their names, together with said parties
and me, Notary. on the day and date set
forth in the caption hereof.
(OR1GINAL SIGNED:
CNames of subscribers and number of
shares Ommitted)
Dobbins.
W. W. YOUNG.
Notary Public
i, the undersigned Recorder of Mort
cages, in and for the Parish of Orleans
State of Louisiana, do hereby certify that
the above and foregoing act Of incorpora-
ton of the International Warehouse Co
Inc. was this day duly recorded in my
once In Book :. folio. New Or
leans. November 18th. 1920.
(SlGNED) EMILE J. LEONARD.
ID. r.
tSlGNED) W. W. YOUNG.
No. ~, Notary Public.