The herald., 1920-03-18
CHARTER OF HANDEL TRtNSPORTA-
TION COMPANY, INC.

I state of Louisiana. Parish Of Orleans BE
il known. That on this twentyfourth day
of February. nineteen hundred and twenty.
before mo. Joseph LautenSChlaeger. 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 majority. residing in this parish. who
declared that. awaiting themselves of the
laws of this State relative to the OrganiZa
| lion of corporations. more particularly Act
261 of 1914. they do hereby covenant and
agree to form themselves into a corpora
ton for the objects and purposes and un-
der the following stipulations. to-wit:
ARTICLE 1.-The name and title of this
corporation shall be- the "flaydel Trans
portatiOn Company, Inc" Ii shall enjoy
corporate existence for a term of 80 years
from date hereof, unless sooner dissolved.
IL 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
porati9n shall be in the City of New Or
leans, Louisiana, where all citations. or
other legal process. shall be served on the
President, and in his absence, on the
Secretary Treasurer.
ARTICLE lII.-The 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
acquisition of the business of the "Haydel
Transfer CO..
ARTICLE IV.-The capital stock of this
iS nj no
thirty-fve thousand dollars. divided into
fourteen hundred shares. of the par value
of twenty five dollars per share, 10 be is
sued in the manner and for the cOnsidera-
| ton prescribed by law. All shares to be
| full paid and non SSeSSable. The CAPT
| tai stock may he increased when found
necessary by vote of twO-thirds of all
| the capital stock. at meeting called for
| that purpose. The stock subscribed to
herein by Geo. Il. Haydel and Walter Il.
McKinstry up to the sum of $6.339.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
GLIDING White trucks. ) tons each; ac-
/ cessOries equipment, etc, and good will
valued mt $4,000, the whole as is more fully
| set forth in detail on the itemized list and
statement attached hereto and made part
hereof
| of this corporation shall be vested in and
exercised by Board of Directors, TO be
composed of three, or more, stockholders,
| a majority OF whom shall constitute a
quorum. The following named stockhold-
ers shall constitute the first Board of Di-
| rectOrs. viz: Walter Il. McKinstry, George
Il. Haydel and Octave l.. ALBERT, all re-
siding in New Orleans, La, with the said
Walter Il. McKinstry as President Octave
l.. Aubert as Vice President, and George
| Il. 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 to
| the last known address of the stockhold-
or. fifteen days before such meeting; the
stockholders. however, shall always have
! the right to waive such notice. If any
vacancy occurs on the Board of Directors
| the stockholders shall name or elect 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 or
| by proxy, for each share of stock owned
| by him.
| ARTICLE Vino stakeholder OF this
| corporation shall have the right to sell or
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 in
| pledge. as may be desired by the owner OF
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
pOration may be modified. altered oil
amended, or the corporation may be dis