The herald., 1920-03-04
CHARTER.

anC sugars, from sugar cane, bttl Hiu
other raw products used in the manuiaC-
ture of sugar. To acquire by purchase
lease or otherwise. and to manufacture
and construct machines of any kind or
character, and to equip, erect and install
he same for use and operation by eleC-
tricjty. compressed air. oil. gas or toy
other means of motive power. and TO OPP
crate, use. sell, lease and hire the same.
And TO carry on any business necessarily
connected with, incidental TO. or compli-
mCntary to the objects stated. CD To
enter into. make, perform and carry out.
contracts of every kind and nature, not
contrary TO law. with any person, firm,
association or corporation, and to carry
on any other business which, under IN"
il may be entitled TO conduct. which
may seem to the corporation to be cal
ruIated. directly or indirectly, to ELECT
the aforesaid objects. or the either OF
them. or TO facilitate it in the transaction
of its aforesaid business or businesses,
or any part thereof. or in the transaction
of any other lawful business that may be
calculated. directly or indirectly, 10 en-
h,ncp the value of. or to render prohtahIc,
tnN of the corporations property ana
RIGHTS. and generally To hold and exercise
an such incidental powers and privileges.
aS relate to the objects aud purposes here
iuyboy, set forth, or rs may bc necessary
useful or convenient, in Erecting Salh Cd
jects and purposes. -,
ARTICLE IN.-The authorized capital
stock of this corporation l. HEREBY u',,
Iced ia be- the sum of four hundred
ithcusYud dollars. The presently author.
ed capifal stock of this corporation shall
he represented by four thousand shares
81 a par value of one hundred doIIdIN
each. The said capital stock shall De rep
resented by CeTtihChteS, and SNAIL De per
soual property. and shall Or fuIlN Pal" io'
in cash or property, and non-aSStNSaplr
when issued. No transfer OF sto'h sn"iI
he binding upon this corporation enlrsS
made in acCOrdapCc with It's char'eI dn"
Ly.I,vs and recorded on the books thtr'-
of OF the said capital stock, oil -FOUR nun
JroJ ,bousapd dollars. il Is now agreed
.mouu the stockholders, that LOUIS D.
Nartrl. of New Orleans, La, shal Sup
scribe for one hundred one thousahu uoI,
-. of the CAPITAL stock, and the salu
Iouis ! Martel shall pay for Salu Sto'A
nv transferring to this corporation ohr
hundred and one shares, held by MN OF
he capital stock in the Martei rL''l
Toupauy. Inc. which stock, a'toTulhE "
the charter of said corporation, j. Oh d P"l
v5irn of one hundred dollars. AND a ma
iority of the Board OF DIRECTORS ol tn'
SI,rteI APPARATUS Company, Inc, signing
his charter. hereby appralse ana VAN"
IN, one hundred and one SHARES Vi VI"
~ryuitaI stock of the Martel ritter ''"I
n,ry Inc. TO be transferred by LOUIS -
NJ; at tbe sum of one hundred one
thousand dollars. And il l. turther agree.
and simulated that Louis j. Martel Sn"l'
sell transfer and assign to the Mar'el APP
paratus Company. Inc, the right ana p:lN-
ilegc. which he, y inventor, MAJ, = lions
in all foreign countries ana possessions
otb,r than the United States OF Amerl'a
i'm his inventions for the hItratloh Vi
sugar solutions, juices, SNrups. eI'.' uH'G
in the manufacture OF SuSarS, s!IupS ,Sdi'
moI,ss,s And he shall transfer, III auui
lion all patentS and rights ne mas a''
lnuired. with regard to Inventions ahu US
royerics above described. IL DclhE NV
= H. moi hAFt
intention and purposes OF tne pairs an,
70 that Louis J. Martrl shall assign trans
for and deliver all patents. trade HiarhA
and all rights he has to patent, ana ou,
tain trade marks, i'll foreign couhtLIes, ~.
his invention, for the hltratloh VI s".%'
ISoIutiouS. Juices, syrupS etc, useu III wv
wanuf,rture of sugars, syrupS ana mo
I,sSes II is further agreed ana Stlpu
lated that Louis J.. Martel shall Sups,liu'
for one hundred and twenty-five ihouSan'
dOIIurs stock in consideration OF the 'l'hH
Tor nv Iouis j. Martel OF his rights dn'
patcnts. and rights TO patent ana oD!al
trade marks, for his aforesaid lnNehtlon
i'm foreign countries, that ne shall DC SlNti
ono hundred and twenty-five thousahu uoi
T,rs Of the capital stock of the Martel Ap
n,r,tus Company Inc. and a majority D
INC Eoard of Directors of the Martel Ap
paratuS Company, Inc. signing Ihis 'ndi
ter hereby dppraise and value the san
nat,ntS and rights at one hundred TWEEN
~tv-tye thousand dollars. 1t Is turtht
agreed and stipulated that the capltal So
Subscribed for by | OuiS j. Martel snail u
issued to him upon his trahslerrlHE "
aforesaid one hJlndred one shares OF stoc
i'm the Martel Filter Company, INT an
his aforesaid patents, ana rlShts 10 pa'
ents. in foreign countries, anu thd! "a,
stock shall be considered as iuli! pau ~,
The total subscription and total amour
p of stock TO be issued to Louis }. Mart,
f is as follows: Subscription S22o.oooVV
stock to be issued, S226,OOO.OO. CIWO nun
dred and twcnty-siX thousand each)
. ARTICLE V.-The business OF TINS COZ
y marathon shall be managed, and all COZ
= norate powers thereof shall be vested II
! and exercised by a Board OF nlrectors' I
not less than seven stockholders nor MOI
2 than fifteen, and Il majority OF Director
either present, i'll person. or represent
q by proxy. shall constitute a quorum
ARTICLE yI-The first Board of ID
= rectOrs OF this corporation Is hereby nNe
AT seven. and shall be composed OF: Lou.
I NartpL. whose pOStoflice address Is "a
. VaImont street, New Orleans, La, 10
T elson Gallery, whose pOstonice. address
600 Naison Blanche Annex, New Oriean
= La. Frank Bcthune, whose poStoflce a'
o dress is sos Perdido street, New oriean
d La. George ii. Conrad, whose postoni'
a address is 5005 Dauphine street. New "
d leans. La. Horace Wilkinson, whose pos
J. office address is Port Allen, La; John
): Minor. whose postoffice address is BiloN
Miss; Charles Wilbert, whose postonlce az
8 dress is Plaquemine, La: with LOUIS
A NarteI. as President; John. ID. Minor.
Vice President, ana George III. conrad
Said Board of ID
rcctors shall serve until the first meetlI
= of stockholders. for the election OF Dlre
tors, or until their successors are elect'
I or qualified.
a ARTICLE lion the first Monday
January, 1920. and annually thereafter,
the first Monday in January in each yea
a meeting of the stockholders of this co
Doration shall be held at it's domlc1le, Il
Al the purpose of electing Directors Tor u
;, ensuing wear. A failure, from any eau
y Whatsoever. to hold the annual meeting
= stockholders, or the failure to elect l.
:. ~rectors at the time stipulated above, sn'
not dissolve this corporation, nor ane
y the business of same, but the Dlrecto
! and officers then in office stall remain
! office until their successors shall have ne
" respectively duly chosen, elected, quallh'
=. and installed.
;, ARTICLE VIII.-This Charter ma
~ amended and the capital stock OF this CO
IN poration may be increased or decreased
y, this corporation may be dissolved In I
N method and manner provided by law.
n ARTICLE IX.-No stakeholder of II
IS corporation shall ever be held liable
s. responsible for the contracts or faults
~ this corporation in any further sum IN
"a the unpaid balance Oh the stock, for whl
81 he has subscribed, nor shall any ln1orHii
y ity in organization have the effect or re
dering this charter null or OF exposing
~ stakeholder to any liability than AS abo
rs provided.
nj Thus Gone and passed at my Office,
r the City of New Orleans, Louisiana,
K the day, month and year hereinfrst aoo
:. T. .ho nraEnnnn If paFpN H Rr0I