The herald. [volume] (New Orleans, La.) 1905-1953, 1920-06-17
CHARTER.

aIed with them, TO form and constitute Il
BODY polite Ill law, Tor the Objects ana
purposes and unuer the agreements ana
StipulatlOns herein following, winch thcy ,
auOpt as their charter, tO-wlt:
ARTICLE The name o. ;-.:S corpor-
anon snail be: Inc Marine rant ANA |
, arnIsu company, Incorporated, ana Shih
nave corporate CAlSJenCc Tor the ptflOu 81 /
ninety -uIue years from the date hereof anu
snail have ana exercise Tor the purpose /
al me business to DC carried on by II, ali /
me poNcrs conferred by Law on similar cor |
nora Iuus. including the power 10 mas" /
ANA us. 4 corporate seal, ANA the sam" |
Ia break ami alter at pleasure, 70 con !
Itacr sue and BE- sued IN ltS corpora"
name: TO mold, Own, receive. purchase,
Alternate, release, convey. mOrtSd5"' ny !
i,oIntcatC, plcugc or otherwise cucumber !
.pruptrty pom real and personal, or mlAcd
10 ISSUE buuus. notes aud otn"r Obligations
Iur me purpose OF borrowing money or
10 secure same by mortgage or OJncr"IS"'
name and appoint such Officers, lddud5'LH'
directors, agents, ana thcr employees a.
I'M. interest OF the said corporation may
rruuIrr. ana to suspend or remove same
al me pleasure OF said board, ana 10 tS-
.tnbIlsn Sucn bylaws, rules ana regulations
- may bc necessary ana proper ana inc
same 10 alter, amend and abolish At PleaH-
urp aud generally To do and perform an
surn acts as may he proper and neccs-
s,,ry to carry out and execute the purposes
OI this corporation.
ARTICLE 1.-THE domicilc of this cor
ror:,tIon. shall be III the city 81 Ne" UT
i,on,. state Of Louisiana, but 1t may IS,
tnpll,u and operate Factories, Offices an"
AGENCIES " wherever Il may deem advisable.
an citation ana other legal processes
shall be- served Oh the president OF l"iS
,nruoratiun. or i'll the event Ot his apsth'"
ar inability To act, then upon the NISt
president or the secretary -'I'"Sul'i Va '
AETICI.E III.-The objects for which
mis- CORPORATION i organized or IN" nature
nf tn, business to be carried on 10y II are
hereby declared TO be: the general NarHISn
.rd rYiut business in all It's various
branches. and to that end 10 manufacture,
rurrlusr anu sell all KINDS OF paihts "''
furnishes paint aud YarnI>h mat'FlalS an"
INGREDIENTS used therefor and herewith
ali kinds of oils ana oil produces tur
rrut ines or its 10y products. ana All IhlhN'
incidental or pertaining 1" III" nahuIa'
mn thereof. Also to deal III all manner
of plastcrs, lime, glue aud an lhlH-H ~
tyiulu-. 10 and connected with or uS'H l"
LII hrt>iur>S or in the decorative art>' a.
,yrU AS DECORATIVE" material. br"hl" 'h"
| hrouzins liquids of all kinds ana h'N,tip
ton as we'll as dealing III ana ludhul"'
,rriu,~ Glass and glassware. 'arththNaT"
and rh,uticals and acids, all coal tar pro
auctions and pigments, as wei as lai'
rn.iI, and generally al kinds OF merChah-
disc. ,. f,.
/ a.
| r,.uuf.cturp storage and sale OF any OF
| lis PRODUCTS and to conduct and carry on
! a mercantile business. To purchase; s,ii
| lease aud suitcase real estate anu NV
buildings thereon. ~
| road, motor trucks. steam cOhNtNah,'>
or any other method OF cohNe\ahc'S' III
| ,.Iudiu.y aircraft. To use ana op'raI"
watcrcraft of any kInd or ha'uIt ""u "
/ huy. build or lease any Of the above men
| timed methods OF conveyance. all IN con
! r.rtiou with the business OF inns Saln
! rnrnoration. and generally TO do any ana
All things not absolutely rrohlnl''u ny
! NETICI.E IV-The capital stock of TINS
! rornorHtion is hereby fixed AT SiuVW"'"o
four hundred thousand dollars hNiuru
/ INFO and represented 10y 1000 shares on tne
! u,r value of (SlOO.Ul one hundred dolldi
!.,rb which shall be paid for in cash, as
provided 10y law. or may be issued III par
in payment for property actually Pur
| chased on the valuation fixed by the uOaru
| ,f directors prior TO its actual purchase
VThiL LID stock 80 issued shall be issued
mi maid and non -aSsessable. or may ~
issued to the subscribers Thereon on SUI
terms of payment as the boaru Oh "i.r
tor, may fix in conformity win 'hr Sl"a'
law governing the SubS'IlP''oh anu ~
mcut of stock. ., :,
This corporation shall he authorized u
commence business and De SolhS 'ot
corn as soon as S2OOOoOW or us SOY
'Shg he
manner directed by law and which Sai'
amount is hereby declared TO he SUD
Scribed. =, - ,.,,,..
! rernbIc only on the books OF TINS corr"
alton and no transfer OF STOCK Sllal "
! hindiup or have any effect upon TINS cor
poration unless. and until made upon ~ ~
books: and Il prior lien on All tnc SnaIe
of stock shall be retained by inns 'p,l
many on all the stock of any shareholu'
. | for any Indebtedness secured or unS.cure'
however evidenced or created, que NJ an!
,irnr 10 this corporation by the holder o
said stock and all transfers OF STOCK sha'
be made subject to these CONDITIONS
ARTICLE N.-MI the corporate pGWer
of this corporation shall he NtSted III
! and exercised by board of seven dlr",
tors who shall each be stockhOlder y
this corporation and snail holu , IN III on,
name at least one share OF luli PaIu Hn'
unnledged stock. -Four of SAID director
U'iiI Constitute a quorum for the tranSac
tion of all business. and maoriH Wy
r NJ any meeting shall decide all question
voted upon. 49,, ,,orI,
/ -, tb. stockh holders on the second Tues
| J,y i'm January of each year after du
! nofice of said meeting shall nave pee
; given to each stakeholder. sent by man I
! his last known address fifteen Gays rri :,
J to said election. and all directors shall
reouirpd 10 file their address OF any chahs
thereof with the secretary OF TINS cOrPor"
r ton and a failure so to do shall reneN
5 This CORPORATION from any responsibility
: of the said notice not being properly &c
z lIiyrred and said notice or any other nu
/ tice required by this charter may Oe "ai'
ed in writing q. n,
g othcr meetings of said stockholders IN
r vote shall be by ballot and each snare :
stock shall be entitled to one vote 10 =
! cast by the owner in person or by Wrn
! fen proxy The majority of stock Noteu Z
Il any stockholders meeting shall decide =
= questions voted upon, except as herei
y provided. ..,a, sho
q he a president. one or more Nice-preSlueht
y and said board shall also elect Secrelar
N treasurer the first board Of directors
o This corporation is hereby declared 10
Il Mr. Anthony Wizard, Mr.. {. Edward Mer
wether. Mr.. John 4. Taylor, Mr.. John
u Gamer Mr.. Hewitt W. Cooper. Mr.. Ge
l. q fright, and Mr.. +. Newton hearh
n. with the said Anthony Wizard as pres
r don't the said John ID. Cooper as vac
Y president. the said G. Edward MerlWeth,
: as vice-president. and the said Hewitt
~ Cooper. as secretary -treasureI' III
D. said hoard and officers shall hold the
resnectiye offices until the second Tue
p day in January. 1921. or until their Su
te ceSsors are duly elected and qualltled,
Is which said date and annually thereait
m tho Stockholders shall elect bOard
so seven directors as herein PROVIDED lor' ~
Of soid hoard shall within two days Mt
their election. elect from among their huI
~ her n president. one or more Nce-PIe'
IN dents and said board shall elect seer
$ fairy treasurer. who may or may not
L. member of said board of directors.
in failure TO hold an annual election OF stoS
$ ,II.z 20 aIoct officers as herein prONld