The herald. [volume] (New Orleans, La.) 1905-1953, 1920-07-29
CHARTER OF THE UNIVERSAL FOLD
ING CRATE. INC.

| United States of America. state Of Lou
/ isiana Parish of Orleans. City of New or /
/ leans. BE it known. that on this twenty |
| third daS of the month of June. III Ih' /
! wear Of our Lord one thousand. mn" nun |
bred and twenty. before me. Henry """rSr |
! Mccall. a Notary Public. duly c"lEHllr |
I stoned and qualified in and for the Parish !
and State aforesaid. therein residing, anu
! in the presence of the witnesses herein
/ after named and undersigned. personally
came and appeared the persons whose
names are hereto subscribed. VINO sever
ally declared that. awaiting themselves 81
the provisions of the laws OF TINS Std''
relative to the organization OF corpora,
lions they have contracted. COSCndnted
| and agreed TO bind fOrm and constitute
| themselves. and do hereby bind. form ana
constitute themselves. as well as all Su'h
other persons as may hereafter Joih c' pI
pOratiOn and body polite in law. Tor the
objects and purposes and under the ar
tiCleS. agreements and sllpuIatohS Hollow
Ing, to-Wlt:
| ARTICLE THE name and STYLE of
this corporation shall be the Universal
Folding Crate, Incorporated ana under
that name it shall have and enjoy all thS
rights. advantages and privileges granted
by law to corporations, and shall exist Tor
the period of ninety nine years from TINS
day. 1t shall have power to contract sue
and be sued: to make ana use corporate
! seal and the same to break and alter al
pleasure: to hold. receive lease, reclaim,
purchase and convey, as well as mort
4
! both real and personal: 10 issue bonds
notes and other obligations or negotiable
! instruments: to name and appoint sucn
> managers directors, Officers, agents ana
other employees As the interest ana con
Venience of said corporation NAV require
or demand: to make ana establl>h SuEh
by laws. rules and regulations LOT the
management and control OF Its business
, and affairs as NAV be deemed necessary or
eNpedient. and the same TO change ana
. alter at pleasure, and TO do all acts ana
things necessary and proper TO carry out
: the objects and purposes of said corpora
tiOn.
ARTICLE 1.-THE domicie of said cor
- poration is hereby fixed in the City OF
5 New Orleans. in this State. All citations
4 and other legal process shall be served on
' the President, and. in his absence on the
I Vice President. and in the absence OF
= both, on the Secretary OF the corporation.
| ARTICLE III.-The objects aud pur-
q poses for which this corporation Is organ
b lied and the nature of the business to be
carried on by it are hereby declared to
j. be: To acquire all the rights. titles ana
J. interest of John J. Dahlstrom in and TO
|, | Letters Patent Number 1.l2O693, dated
e December 10, 1914, and the application for
j. | an Improvement thereto, as per Serial
Number 35T,0l5. for folding and COLLAPSE
r BILE crates; to acquire all the rights. titles
r Company, a company organized under the
h laws of Louisiana, in and 10 the follow
ing contracts: The contract with the
d Hammond Box and Veneer Company. Ltd.
5 the contract with the Terry Manufactur-
5 ing Company, of Terry, Mississippi; the
n contract with the Owosso Manutacturlne
Company, of Benton, Arkansas; the con-
IS tract with the Enterprise Box Company
# of JudsOnia. Arkansas. and the contract
l. with Il. c. FARRELL & Company, OF hum
p boldt Tennessee and all other contracts
II that may have been made by the said Pat
n ent Marketing Company, including all roy,
l. alties that may become due on all or salo
d contracts; TO manufacture and Sell ana tC
II have manufactured and Sold all forms anC
styles of crates and boxes. folding. col
K lapsible or otherwise: and TO erect OF
m lease plants and factories for that purpose
& TO construct and operate or lease railroad,
is and water lines in connection with sale
" plants and factories, and generally to DC
r any and all things necessary TO carry gu
IN the objects and purposes for which Thu
k corporation is organized. In consideration
n. of said John ]. Dahlstrom Transferring
N and assigning to this corporation the pat
1r ent and patent rights hereinabove men
At toned. and in securing the transfer ant
or assignment of the contracts also herein
IN | above mentioned, in which contracts tn
h. said John j. Dahlstrom has the controlling
is interest. the said John j. Dahlstrom !
@ to receive the sum of one hundred AM
~ fifty thousand one hundred dollars, rep
T. resented by fifteen hundred and on
in | shares of the stock of this corporation o
20 the par value of one hundred dollar
is each; said sum of one hundred and fift
10 thousand. one hundred dollars being tn
n amount at which said patent, patent rights
or contracts and royalties hereinabove re
A ferred to are hereby appraised and va
d. ued by the stockholders and Board of hi
cd rectors of this corporation. And in con
ne sideration of services rendered and Il
Is rendered by Pierre V. Blanchard an
st Julian f. Benjamin in promoting and oil
90 ganizing this corporation and IN secdl
A.: ing subscribers to the capital stock there
pr | to, the said Julian +. Benjamin shall re
80 ceive two hundred and twenty shares an
,r- the said Pierre V. Blanchard fifty share
nd of the capital stock of this corporation
We full paid and worcestershire.
at ARTICLE IV.-The capital stock of sal
on corporation is hereby fixed ut the sum
ay three hundred thousand ($30O,OOO.OO) do
rst lars, divided into three thousand shares
ii the par value of one hundred dollars eac
IN which stock shall be paid for in cash
he property, at such times and in sue
ed amounts as may be determined upon !
fl the Board of Directors. The corporate
DDS shall issue to the said DahlstrOm fiftee
I'D hundred and one shares of stock, to Il
I've said Julian +. Benjamin two hundred an
* twenty shares of stock, and to the ~
Ial Pierre V. blanchard fifty shares of stoc
of all full paid and nom assessable, and Il
by said Dahlstrom, Benjamin and Blanc
iv- do hereby subscribe for said shares
st stock. the same to be paid for by being a
tx cepted in full payment of the patent, pa
i'd ent rights. contracts, royalties and Of Il
lch services rendered and to be rendered
ave hereinabOve set forth. Other subscription
lrd to said capital stock shall be paid
ice. cash, at such times and in such amour
ted as may be determined by the Board
I'd. Directors. No transfer of stock shall
his binding upon said corporation unless ma
of upon the books of the corporation, and !
en- OF STOCK SnHll Dt
the such officers as may be designated by {
all Board of Directors. The said corporate
a shall at once become and be Il going co
ing Germ and shall Immediately commence bu
{ a mess. The said capital stock may be /
the creased from time to time to any amou
ave not exceeding five hundred thousand dc
md lars, such increase to be made as pr
or vided by law.
ors ARTICLE VAN the corporate powe
cid of said corporation shall be vested in, n
on, the management and control OF It's alIal
ied shall be exercised by a Board of DirectO
ned composed of not less than tlve nor mo
ard than seven stockholders. Each Direct
shall own at least one share of stock a
or shall be elected annually, by the stOc
ice holders, by ballot, on the first Monday
rer July, the first election to be held In ID
En- Notice shall be given by mail, address
ors to each stOckholder, at his last kno'
Dw- place of residence as shown on the boo
.ers of the corporation, said notice to be mail
nm not more than three weeks nor less IN
ice two weeks before such election, ana
ire elections shall be held under such ru
ncy and regulations as may be fixed by
his Board of Directors. In case OF any falit
,me to hold an election as above provided, su
I'M failure shall not forfeit this charter,
ion an election shall be held as soon as m
or be practicable after notice as above pl
.ree vided. Each Board of Directors, at
der first meeting after each election, sh
,er- elect from it's number President an.
ock Vice President: and shall also elect
The Secretary and q Treasurer, who may
ub- members of the board not, as the