The herald. [volume] (New Orleans, La.) 1905-1953, 1920-09-02
CHARTER.
CHARTER OF THE sTEBBINs COM
PANY. INC

PANY, INC
United States of America, State of Louis
lana, Parish of Orleans, City of New Or
leans. Be it known, that on this, the 10Th
day of the month of July, in the year of
Our Lord, one thousand nine hundred and
nineteen, and of the Independence OF the
United States of America. the one hun
dred and forty-third. before me. Raymond
III. Saal. Notary Public, duly commissioned
and qualified, within and for the Parish Of
Orleans. State of Louisiana, therein reSid-
ing, and in the presence of the witnesses
hereinafter named and undersigned, per
sonally came and appeared the, several
persons whose names are hereuntO sub
scribed, who severally declared that, avail
ing themselves of the benefits and provi-
siOns of the Constitution of the State of
Louisiana and of the laws of said State
relative to the organization of corpora
tons, and particularly of the provisions
OF Act No. 261 of the General Assembly of
the State of Louisiana for the year 1914,
they have united to form. and do by
these presents form and organize them
selves, as well as all such otner persons
who may hereafter join or become asSo-
ciated with them or their successors, irtO
a stock corporation for the objects and
purposes and under the covenants, Stipu-
latiOns and agreements following, tu-wit .
Article l. The name and title Of this
corporation shall be The Stebbins Com
pany, Inc" and under and by said name,
unless sooner dissolved i'll accordance with
the law and this charter, IL shall exist and
continue, and shall have and enjoy COrpOr-
ate existence and succession for a period OF
ninety nine (g9D years from and after the
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,
pledge, pawn. hypOthecate, cucumber or
mortgage property of any kind, whether
real. personal or mixed, corporal or in
corporal, movable or immovable, all SUB,
ject to such limitations as may be pre-
Scribed by law. 1t may make, issue and
endorse bonds or notes and other evi-
dences of debt. 1t may accept mortgages
| pledges or other forms of security for
money loaned or other debts. 1t 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, directors Off
| GERS, agents and other employees as its
| said business and cOnyeniences may re,
quire, and may fix their compensation
| having due regard to the nature. char
! acter and value of their services. 1t 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
! latiOn and government of its affairs. and
| the manner of the certificatiOn and regis
| tratiOn of its stock. Ii may wind up anC
| 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, tn,
| Territories and possessions of the United
| States, and in any foreign country. Ii
generally shall possess all the powers
| rights, privileges and immunitieS which
| corporations are and may hereafter be
| authorized TO possess under the Consti
| tuition and laws of this State, and partic.
ularly under Act No. 267 of the Acts OF
t.nnaFal n hn SfafA ai
| Louisiana for the year 1914. And it shall
have the power to invest its board of dir.
| ectors with all Of its corporate powers
| subject to such restrictions as may b,
named in this charter.
Article ii. The dOmicile Of this corpor
alton shall be the City of New Orleans
| Parish of Orleans, State of Louisiana, ana
| all citations or other legal process shall
! be served upon its President, or in tht
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 Ill This corporation shall hav,
| the power to conduct its business in all o
| its branches in any States, Territories OF
| possessions of the United States, as wei
| as in foreign countries, and may have on,
| or more offices outside of the State o
| Louisiana.
| The objects and purposes for which thu
| said corporation is formed and the natur,
| of the business to be carried on by it ar,
| hereby declared to be:
I
| wholesale and retail, of selling tools. i'm
| plementS and accessories of all kinds mad,
| from steel and other kindred products: L
| buy, sell, manufacture, fabriCate and dea
| in all kinds and combinations of steel
| iron or other metals, or either or any o
| them, or i'll which steel, iron or Othe
metal forms substantial part, including
| tools, implements, machinery, railway
| boiler parts, accessories and general sup
| plies and specialties and to transact a gen
eral steel and iron manufacturing. jobbing
| fabricating, machinery and supply bust
| ness.
| (2) To purchase lands or otherwise ac
| quire lands and buildings in this State o.
| elsewhere for the erection and establish
| ment of a mandatory or mahufactorie
and work shops, with suitabel plant, Ell
| gines and machinery, with a view to buy
| ing, selling, importing and exporting O
| otherwise dealing in, either directly or in
| directly, through the medium of agents o.
| otherwise, iron and steel equipment, ac
| cesSories and supplies for railroads, shiJ
| builders, oil fields and ship yards, as wei
as accessories manufactured from steel anC
| kindred products, and to acquire by pur
| chase or otherwise, patents, patent right
| and privileges, or improvements or Secre
| processes for or in any manner relatin.
| to all or any of the objects aforesaid. anC
| to grant licenses for the use of or to sci
| or otherwise deal in any patents, paten
| rights amid privileges, improvements o.
secret processes acquired by it, and to sell
/
real and personal property of the com
pany.
| go To act as the agent or represent
! alive of corporations, firms and individual
| and as such to develop and extend tn,
| business interests of corporations, firm
| and individuals and carry on the bust
| ness generally of manufacturers agent
| to do a general business as a commission
| merchant, selling agent and factor in tn,
| manner and to the same extent as natura
persons could do; to make and enter int
| all manner and kinds of contracts, agree
| ments and obligations by or with any per
son or persons, corporation or corpora
| tons for the purchasing, acquiring, hold
| ing, manufacturing and selling or other
wise disposing of, either as principal o.
| agent, upon commission or otherwise, irOI
| and steel products of all kinds and natur,
| as well as any other articles of persona
| property whatsoever, and generally will
| full power to perform any and all acti
| connected Herewith or arising therefron
| or incidental thereto and any and all act
proper or necessary for the purposes o
| the business; to act as manufacturer
| agent and purchasing agent of any and al
| persons, firms, corporations or assOcia
| tons; to own and operate warehouses anC
places for the storage of goods and mer
! chandise Of all kinds and generally to &C
| as a storage and freight forwarding agent
and generally to carry on and undertake
any business, undertaking, transaction OF
| operation commonly carried on or under
| taken by merchants, commission men, fac
| tors and manufacturers agents and in tn,
course of such business to draw, accept
| endorse, acquire and sell all or any negot
| liable or transferable instruments anC
| credits.
| necessary, suitable, convenient, or proper
for tha accom- m II shmpnt of anV of the nur