The herald., 1920-04-01
CHARTER OF HANDEL TRANSPORTA-
rION COMPANY, INC.

I state of Louisiana, Parish of Orleans BE
il known, That on this twenty fourth day
of February. nineteen hundred and twenty.
before mo. Joseph LautenSchlIeger, a No
tary Public in and for the Parish of Or
leans. State of Louisiana. duly commits
stoned and qualified. personally came and
appeared the several persons whose names
are hereinafter subscribed. all of full age
of aiOrity residing in this parish. who
declared that. awaiting themselves of the
laws Of this state relative 10 the organiZa-
ion of corporations. more particularly Act
36T of 1914. they do hereby covenant and
agree to form themselves into corpora
ton for the objects and purposes and I'M
der the following stipulatiOnS, to-wit:
| ARTICLE 1.-The name and title of this
corporation shall he the "Haydel Trans
pOrtatiOn Company. Inc" Ii shall enjoy
cOrporatc existence for Il term of 10 years
from date hereof. unless sooner dissolved.
| II shall have. enjoy and exercise all rights.
powers and privileges now granted by
law. or hereafter granted. to corporations
of this character, especially the right 10
hold, receive, purchase. ALLEVIATE sell, mort
gage. pledge, rent or lease property, real,
personal and mixed. and in fact anything
permitted by the law necessary and con-
venient for carrying out the objects and
purposes of this corporation.
ARTICLE 1.-THE dOmicile of this cor
pOrati0n shall be in the City of New Or
| leans. Louisiana. where all citations, or
| other legal process. shall he served on the
President, and in his absence, on the
Secretary Treasurer.
ARTICLE UI.-Tbe objects and pur-
poses of this corporation are hereby de-
clared to be: General drayage; storage;
hiring; hauling; transportation, and. in
fact. everything connected with or Incl
dental to that, line of business, and the
l acquisition of The business OF the ItaNuel
/ Transfer Co"
ARTICLE IV.-The capital stock of this
| corporation is hereby fixed at the sum OF
! thirty-five thousand dollars. divided into
fourteen hundred shares. of the par value
| of twenty five dollars per share, to be is
sued in the manner and for the conSidcra-
| ton prescribed by law. All shares to be
| fun paid and worcestershire. The capt
/ tai stock may he increased when found
| necessary by vote of twO-thirds of all
the capital stock. at a meeting called for
that purpose. The stock subscribed to
herein by Geo. Il. Haydel and Walter II.
| Nc Kinstry up to the sum of S6,339.SO each
has been paid for by the transfer by them
| of the business known as "Haydel Trans
| fer Co." to the present corporation, IN
| Guiding ; White trucks. ) tons each; ac-
! cesSOricS. equipment, etc, and good viii
| valued at $4,000. the whole as is more fully
| set forth in detail on the itemized list and
! statement attached hereto and made part
| hereof
| ARTICLE E.-All the corporate powers
of this corporation shall be vested in and
exercised by a Board of Directors, to be
| composed OF three, or more, SlOthHoIufIS'
| a majority of whom shall constitute a
quorum. The following named stOckhold-
ers shall constitute the first Board of Di-
rectOrs. viz: Walter +. MckinStry, George
r. Havdel and Octave l.. Aubert, all r.
siding in New Orleans, La, with the sud
Walter II. McKinstry as President, Octave
l.. Aubert as Vice President, and George
Z. Haydel as Secretary Treasurer. and
they shall hold their Office until the first
| Monday of March. 1921, or until their sue
cessOrs are elected and qualified, on which
day the election shall take place, or as
soon thereafter as possible. All stock,
holders meetings. including the annual
meeting for the election of officers and
directors shall be preceded by written
notice delivered personally or mailed &c
the last known address of the stOckhold-
er. fifteen days before such meeting; the
stockholders, however, shall always nave
| the right to waive such notice. III any
vacancy occurs on the Board of Directors
the stockholders shall name or elect a sue
CesSOr to fill the vacancy until the next
general election. The election of Directors
shall he by ballot, and each stakeholder
shall be entitled to one vote, in person OIL
by proxy, for each share of stock owned
by him.
| ARTICLE Vino stakeholder OF this
corporation shall have the right to sell oil
pledge his stock. without first Offering
same to the stockholders. through the Off
GERS of this corporation. upon allowing
said stockholders ten days to purchase
same. at book value. or receive same II
pledge as may be desired by the owner o.
said stock. and no transfer of stock shall
be binding upon this corporation unless
actually made on the books of the corpor
alton. in the manner required by law.
| ARTICLE VII.-The charter of this cor
IporatiOn may be modified, altered o.
amended or the corporation may be dis