The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-11
CHARTER

Thorn
oI,i.ct ,,,d nur,,o.ns and MAJ tLe fnIIo,,.
~ .r,i,Ias 70 vi.
- .,, 49,
ARllCl i. Tile name OF THIS corpora
uoh Shaii u" rooney company, INC, ana
uhu'F N"ld 'orPoIat" name u snail nave
succession Tor ninety mn" years, unless
,nT I,sS",.'I, anu S"," nave bo"'I
.Uad 70 NM. and u.c y. ,orI,or't, .,,f
H. ~ - . W ~ ~ ~
-, 49, II a., -. - ~ -,
80, Co. g. .r,r',t -. - - 80
,,,rois ~ :, III -. -, -. '' IN
d., r;,E,, ,ri,il.,,.. and - ,,
~ ma, rtr-S ,, 90, 81
I ..r,,,t.I 20 ..n,,'n-.',;,.,,, ~ IL -.
I'M and .h,-,,.. ~. w INV
, ,,,,,.,,, ~,
Al'll'LE. H. me d"HliI' "I thlS cor
pOration j. hereby nN,d in tn" city of
Vow prI.,p. Sf,ra of ! c,risi,,, and an
"
'H"'l"h anu "'h'I f-"I PTo''sN Nh"H h'
. served upon IA" President of said cOrpoTH.
lion and i'm cas-. of III. 9Ls,pr, uunr III.
~: M,
W. = ''HI"'"'' """ III '"N' 'l '"' ""N'H.'
of both. upon "a" Secretary Treasurer.
ARTICLE III The objects and pur.
poses for which said corporation Is or
. -HIilrd are declared to be- to conduct "a
general brokerage and commission m"r
chant business. to act as agents for i'm
pOrt"rS and exporters. To act as foreign
and domestic freight iorNardcrS, 10 Tlar"
insurance Of all Kinds upon any goods or
may b" in any way connected. to own.
hire. l"a>' charter and op"rat" vessels,
ha"-">. lighters or Other means Of trans
pOrlatioH. and. grn"raTy. To do amy AND
I'll! things incidental or german" to ANY
OF the objects aud purposes ahoV" spcyi
fed.
ARTICLE ~ The authorized ,auital
stock IF said corporation is hereby fixed
al the sum OF Twenty-Five thousand
$50 0uD dollars divided into TWO hundred
aud Hitv t2luD ~har.s of IA" par value of
one hundred dollars each all of which
shall hr common stock and the same may
Ice issued for cash or IN uaymput of urull-
artV or services actually received bv or
rendered 10 the ,orporatiou This com
paIy shall become q going concern and
authorized to transact business when
twelve thousand i've hundred txI2 500 dol
lars of its ,.apit:I stock shall have. been
subscribed for ana fully uaid in No
transfer of stock shall be- binding upou
this corporation unless mad" and recorded
uuou it, books tn, parties hereto de-
clare that they have subscribed for IN.
number of shares of the cguital stock of
tho CORPORATION So; opposite their rr>uc,.-
live signatures
,pTIrIE An Of H., ,.o,r..r. or s.,i,
: - IN 20 -; - -
;lI - 80 -, Ifn,, 80 -. -,
'i', ~. ,, -, ,Iiln -
/ .to.tEoiJ,rs 60, d,i,r,,i,,,d i,,, tb,. sto,l
ly AI'''i' ;, ~ "',,',,,i i ~ ~ o'i' S'', ~
.rr,,i.,I m..tin. chilled fer tLat uurposr
! ard a majority of the Board shall conSti.
/ tfttr q uuorum for IN. transaction of All
/ business \ majority of the Board of III.
I rrrtorS voting in person or 10y proxy
} which they are specially authorized TO is
. sue in favor of any other member of TIA,
I BOARD shall hr required TO pass any rcSo
/ luton or adopt any by-I4w which when
80 passed or adopted shall become valid
. corporal" acts. The Board of Director,
. shall b" elected annually at n genera
I meeting of the stockholders. to be held OF
the first Tuesday in January. 1921, an,
annually thereafter. after ten days writ
4 ten notice mailed to each stakeholder al
/ his last known address appearing upon
/ the books Of the corporation. unless Sucl
notice he waived by unanimous consent
. The failure. from any cause. to hold th'
annual meeting or the failure to elect hi
rectorS thcr"at shall not operate the for
/ fciiurc of the charter or impair the cor
porat" management but the Director,
. then in Office shall serve until their sue
c"SSorS have been duly elected and quail
ned. Any vacancy in the membership o
1 the Board or Directors shall be filled fOl
( the unCNpireG term by the remaining hi
I rector or directors. The officers of tn,
/ corporation shall consist Of a President
/ two Vice Presidents, a Secretary and
I Treasurer. which last named officer nee,
( not b" a director or stakeholder OF tn,
. Company. aud the Offices of Secretary anC
ryaSurer may De combined win any otheI
/ ""i''N'
ARTICLE NI.-The first Board of hi
| rectorS shall serve until their successor,
I are elected and qualified and shall con
/ SiSt of \. II. GeCChegan. who shall b,
/ President; j. &. Rooney. who shall be Vie,
| President and Manager: 4. q Peterson
/ who shall he Vice President; NJ Il. Coatc
who shall be Secretary; ii. i. ROwley, who
! shall be Treasurer.
I ARTICLE NII-This Act of IncOrpora.
( ton may be changed. altered or amended
/ or this cOrDCratiOr may he dissolved by
and with the consent of the holders of two
| thirds in amount Of its then outstanding
stock at general meeting convened foI
/ that purpose. after thirty days notice in
Writing mailed to each stockholders last
known address. and after fifteen days pub
| llcatlon IN one of the daily newspapers
/ punished In the city of New Orleans. a,
/ prescribed by law. If this corporation
>hould be dissolved by limitation or other
wise, itS aildirS shdll be liquidated under
/ me supervision or three commissioner
! 10 be elected mt general meeting oi
! snareholdtrS convened Tor mat purpose
/ aitcr hotlce as provided in TINS article
ana they snail remain IN oHlce until thu
aiiairS of the corporation shall have beer
fully hpuldated; and in case of the deatl
OF immunity 10 act OF one or more or th'
sane lPuldatOrs. the survivor or survivors
| shali continue 10 act under the provisions
ana IN accordance win the terms OF Sec
tlon 80 OF Act 26I OF 1914.
! ARTICLE WILING shareholder of thi
corporation shall ever be held liable O.
responsible for the contracts or faults o
this corporation in any further sum thar
the unpaid balance due upon the shares o
stock owned by him: nor shall any mer
,infOrmality in the organization have tn
| effect of rendering this charter null or o
exposing any shareholder to any liabiit,