The herald., 1920-03-11
THE HERALD, NEW ORLEANS, LOUISIANA.
CHARTER.

The several persons whose names are
hereunto subscribed who severally de-
cIared that. availing themselves Of the
laws of the state of Louisiana, in such
cases made and provided, they have cove
nanted and agreed, and they do, by these
presents, covenant and agree and bind
themselves, as well as all such persons
who may hereafter become associated with
them, to form a corporation for the OBJ
jects and purposes, and under the articles
and StipulatiOns following, tO-wit:
ARTICLE THE name of this cOrpOr-
alton shall be: The Warren Purchasing
and Export Company. Incorporated and
under its said cOrpOrated name. IL shall
have power and authority TO have and
enjoy corporate existence and succession
for the full term and period of ninety
nine 500 years from and after the date
hereof; to contract, to sue and be sued
and TO make and use corporate seal
and the same to alter and break at pleas
ure; to hold. receive, lease, purchase ana
convey, as well as mortgage and hypOth"-
cate property, real and personal ana
mixed, corporal and incOrporeal; TO name
and appoint such managers. agents, dl-
rectOrs and officers as its business and
interest and convenience may require, and
10 make and establish, as well as alter and
amend, from time TO time, such bylaws,
rules and regulations for the proper gov
ermment of the affairs of said corporation,
as may be necessary and proper.
ARTICLE 1.-THE dOmicilc of this cor
pOratiOn shall be in the city of New Or
leans. state OF LOUISIANA, ana All GlidllOuS
or other legal process shall be served upon
the president of said corporation, or in
the event of his absence, upon the vice
president, and in the absence of both
said Officers, upon Nhe secretary and
treasurer of said corporation.
ARTICLE llI-The objects and pur-
poses for which this corporation is or
ganiZed and established, and the nature
of the business to be carried on by it are
hereby declared to be: TO manufacture, eX-
port, import, buy. sell and generally deal
in gods, wares, merchandise and property
of every class ana description: to act as
buying and selling agents for foreign and
domestic concerns: to act as manufactur-
cr'S agents and distributors for both for
eign and domestic merchandise; and to
act as forwarding and receiving agents
for imports and exports: to act for, OPP
crate or own transportation lines of what
SO"ycr nature or character, either dOmeS-
tic. foreign. International: to act as
financial agents for both foreign and do
nestle concerns with the right to receive
deposits TO apply against purchases or
subject to check; to buy and sell dOmeS-
tie and foreign exchange; to act as cor
respondents or agents of insurance COM
pani"S. either domestic or foreign; to APP
ply for and obtain trad" marks. patents
or copyrights for its own products. or as
agents for others. TO buy and sell on
commission, and to act as brokers repre-
Sruting other concerns; to make all kinds
of contracts. either in the United States
or foreign countries in connection with
any interest in which this corporation may
b" concerned: to ask for ana obtain con-
cr>~iOnS in foreign countries for indus
trial or mercantile enterprises, and to
carry out the terms of such concessions ;
to acquire stock in. or finanr" other cor
poratiOnS in which il may become inter
c>tcd. to establish offices or connections
T in any part of the United States. or in
foreign countries and generally. to do
ana perform any act necessary to carry
on the business of domestic and inter
U lam 1T
nent and incident thereto. in order 10
| carry ont and execute IN" objects and
purposes of this corporation.
ARTICLE " The capital stock of this
corporation i hereby fixed nj the sum of
/ ten thousand and OO10O tSlO.OOO0O) dol
lars. divided into and represented by one
! hundred GOOD shares Of stock of the par
value of one hundred and O0-1OO (SlOO.OO
dollars each: said stock shall be paid for
| in cash. or same may be issued ut not less
| than par for labor done or services per
/ formed for said corporation, or for prop
erty or rights actually received by said
corporation.
/ ARTICLE V-Five thousand and 90 100
| $4,000 00) dollars of IN" stock of this cor
! pOration has been subscribed for ut the
| time of the passing of this act of incOr-
! pOratiOn: and this corporation shall be
/ come 4 going concern. and shall be au-
| thOriZed to commence business as soon as
/ twenty-five hundred and 00-100 (S2JOO.00)
| dollars of its capital stock shall have been
]
| or rights actually transferred to it.
| ARTICLE NI-The capital stock of this
| corporation may be increased 10 the sum
| of fifty thousand and 90 100 $50 900 0W
| dollars. by vote of twO-thirdS of all of
the stock at a meeting called for that
! purpose.
| ARTICLE VII-Al the corporate pow
erS of this corporation shall be vested in
and exercised by a Board of Directors,
| composed of four stockholders. two of
whom shall constitute quorum for the
! transaction of business.
| William l.. S. Gordon of New Orleans,
| Louisiana: William F. Coleman. of Carroll
| ton. Georgia; and James ID. Williams of
New Orleans, Louisiana, shall be members
| Of the first Board of Directors: and the
! fourth member of the first Board of Di-
! rectOrs shall be elected at Il special meet
/ ing of the stockholders called for that
purpose.
The first Board of Directors shall serve
/ until the second Monday in March of
| 1921. after which time the directors shall
| he elected annually by the stockholders
| ut meeting called on the said second
! Monday in March of each year; said
/ meeting of stockholders to be preceded by
| fifteen days notice, in writing, sent 10
| each stakeholder at his or her last known
place of residence. Each stakeholder shall
| he entitled. in person or by proxy. to one
vote for every share owned by him or
| her; all elections shall be held under such
| rules and regulations as may be deter
/ mined by the Board of Directors. The
! directors, when elected. shall continue in
| their offices for one year. or until their
| successors shall have been duly elected
| and qualified. No failure to elect shall
operate the forfeiture of this charter, or
any right under the same. Any vacancy
! occurring in the Board of Directors shall
! be filled by the remaining directors for
| the uneXpired term.
| William l.. s. Gordon shall be president
| William +. Coleman shall be vice-presi-
| dent; and James ID. Williams shall be
secretary and treasurer of the first board
| of Directors, to serve until the second
| Monday in March of 1921.
| ARTICLE VIII-The funds of this cor
! poratiOn shall be deposited, from time TO
time, in a bank or banks to be selected
| by the Board of Directors. All checks,
| notes or instruments drawn or executed
| or issued in said corporations name shall
| he cOunterSigned by at least two officers
! of the corporation. to he designated and
! empowered by the Board of Directors; no
! official shall thus sign or endorse the
name OF the corporation, save strictly in
| its concern.
ARTICLE IX-This act of incOrpora-
! ton may be changed. modified or amended
/ or the capital stock increased or decreased
| by and with the consent of twO-thirds of
| all the stock.
change in the objects and purposes
! may be made only bda vote of all the
| stock therefor issued; and an increase of
| the capital stock, in excess of the amount
| originally named herein as the amount to
which the capital stock may he increased.
may be made by three fourths of all the
outstanding stock.
This corporation may be dissolved by
vote of the holders of twO-thirds of all
of the stock at Il meeting called for that