The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-01

ICON ,,o19l. and of the indie
inaence of the United States OF Amsiib,
r. one hundred and forty-Iour'n 'not,ry
hafore me. Watts X. Leveflcn, ,ar rho
DhJic duIy commissioned IN any igh az
PUN Nv orleans, in the farlsn Va
1870 therein residing, ana III the -, a
80 Of the witnesses hereihalt nd an
IA undersigned, personally cahle namrs
peared the several ,b peTSU Who declared that
are ~ themselves of the pfoNIsiVpn' -
,o Tvs of this State relative ~ have
s,anization of cOrpOrauons' 40 nv these
ayananted and agreed, anu eo,n and
presents coNno,,'saIves as well as such per
- ss NAV hereafter JON OF ',inr and
oniatad with them, into corpTIta1 and
hody politic in law, for the ou1t and
nurDoses and under the as.
aptinuIations following, tO-"ls ut corpora-
sup11TISIE THE name OF inns cOi -
An lbali he state Gravel Co, ihc'i n
a. which name it SHAH exist l -, Of the
ost neriod permitted by tnE az ali the
State OF Loui,thnr;tv TO contract, TO sue
pow, Inod 10 accept and rectNe 49,
S,os hedges or other hSPOI ond the
e. make and use cOrporate 'Iaasure. 10
10 man" nv hreak and alter at pleasui.,
same 10 ,'nive lease. hold or OtherWlse
puicn "a convey under It's COZ p5
HeI nroperty both real, persh roan-
niyed and to secure SAINT III arroit. TO
- as the Louisiana law ma f, on6 di-
nv, and appoint such mahasein fntor-
name anu ,sIldrs and agents as the inter
re.'o11 convenience of SAID CoTPoit"nNh
nav require, and to MAKE anu nIaosure
ng we'll as alter and amehu az inns for
such bylaws, rules anu i,Ihtion of the
tbe management and regula.ion hn meg
Ssirs az the corporation as ma! "'
asary Droper, or convenient At. mr.
IRTIcLE 1.-THE domiclle oi S ar
,oration shall be the city oi - Iooal
p and all citations or other les
Ieans, leans. shall be served upon the rIesl
Pr 81 the corporation, or IN MS aos'"o'
nnon the Secretary. .,d nrrnoses
"phRTICLE III.-The objects anu P ui
for which this corporation 70 20 he ear
I'D the nature of the business 10 oo nd
a. on nv H. are declared anu sP.lIa
iep To nurchase or otherwise acqult.
I'm hold lease, sell, or OtherWlss me
mortgage, cucumber or 0tnei I onerate
thecate and to improve, deNeloP, Y.ith
letn,ain and generally deal in anu WIZ
nh 20 handle any and all lanus VI mn
araI or other rights IN Janus ,V pnjn
.and gravel, stone, marble OF o.t In
aaI snrface road material, or otheI nm
erai ou I conmodities and to mine OF
tharwise extract any OF such oI 49, 49,
minerals from any such lanu 70 P Ill
ar otherwise acquire, own, hoIu, le"SI nc~m'
or otherwise ALLEVIATE, mortgase' ond to
her or otherwise hypothecate' ,'no,e
manufacture, produce. develop lnhpLo'SI
1890 handle and generally deal III sahu'
gravel stone, or other nlntIai aatar
soad material, as well as bulldlhg il"' 20
joIs and merchandise OF all kihus,
n.hor With the products and by-products
81 ali such articles and articles hnaue
therefrom; to contract FOR MAKE; Du n,a
construct maintain, develop anu iinPios
highways, railways, railroaus, anu ,a ditches
of every nature and kind, dralnage ui''nu .,,,
;rri,otion bitches, canals, buildings anu
rights of way, and to DO seheI"t .Lor
tracting business; to purchase UT o.
wise acquire, own, hold, lease, sn ~ o
otherwise ALLEVIATE, mortgage; enou,no '',
or otherwise hypothecate and to manu-
facture maintain, operate, geheralI!
handle and deal In all plants, Dulluinss'
machinery, cars, railroads, eleNa,vis'
canals, or other waterways, poa's OF o,her
eouinment and to engage IN an! otMei
business authorized by Louisiana ACT No
o67 of 1914; and to have, enjoy ana eAer-
else all the rights, powers ana PrIElieSs
which are now or which may neIe .sI.,ad
he conferred upon corporations organizes
under the general corporation laws Oh lhe
State Of Louisiana. =. .o,,
ARTICLE Iv.-The capital stock Of said
cornoration is hereby fixed at one nun
dred thousand dollars (SlOO,OOOOOl, III
,,ided into or represented by one thous-
and q OOO) shares of a par value Oh one
hundred dollars ($100.0O) each, when STOCK
shall be paid for in cash or may be IS
sued for property actually received oy
the CORPORATION or for services rendered
The capital stock may be increased up 10
the sum of five hundred thousand dol
lars $500 OO000).
ARTICLE Van the powers OF this cor,
marathon shall be vested in and exercised
by board OF three ~ Directors, each
OF whom shall have registered on the
books of the company in his own name
mt least one share of the capital STOCK.
The Board shall elect from their NUMBER
n President and may likewise elect, but
not necessarily from their number. one or
more Vice Presidents, a Secretary, Treas
urer, and such other officers as they may
think proper or convenient for the carry
ing on of the company's business, and
shall have power to unite two or moro
Offices and the same to confer upon one
person, or to dispense with any office IN
the discretion of the Directors, and to fix
the salary of all officers. agents, and en-
ployees. The Board of Directors shall be
elected annually on the first legal day
of December OF each year, the first cleo
ton to be held in the year 1920. All
such elections shall be by ballot at the
Office of the corporation. Notice of the
annual meeting, as well as of special meet
ings of stockholders, shall be given by
written notice mailed at least fifteen Q5)
days In advance of the date of such meet
ing to each stakeholder appearing IS such
on the books of the company at his last
designated address, or at the General De-
livery at New Orleans, II he has not desig-
mated an address.
Each shareholder shall be entitled to one
u
his name on the books OF the company,
said vote to be cast in person or by proxy,
and a majority of the votes cast shall
elect. The Board Of Directors shall have
the power to I'LL all vacancies which may
occur or In any manner arise or be
created on the Board of Directors, even
though. no quorum remain at the time such
are to be filed. Failure to elect
Directors on the day above specified shall
not dissolve the corporation. but the Di-
rectors then In office shall remain in office
until their successors are elected ard in
stalled. The Board Of Directors shall have
power to make and establish, as well as
alter and amend, all bylaws, rules and
necessary and proper for the
support and management of the affairs
and business of the corporation and not
Inconsistent with its charter. The Board
snail have power by a majority vote of
III Che Directors, without referring to the I
to borrow money, execute
mortgages. issue notes, pledges, bonds or
'ther obligations, in such amounts and
IN such terms as In their Judgment NAV
De advantageous. and generally to do all
Kings reasonable and necessary or con- .
'enient for the proper carrying on of the
business OF the corporation; and they are Z
specially authorized to issue and deliver
uil paid shares of stocks and bonds or
'tner obligations Of the company in pay
nent OF property secured by said corpora !
Ion. Two(2) Directors shall constitute !
uorum for the transaction Of business '
At any meeting OF the Board of Directors :
ny Director absent from the meeting NAV 4
'e represented by any other Director who .
nay cast the vote Of the absent Director,
\ accordance with written instructions !
iven by said absent Director. Until the :
nnnai meeting Of 1920. or until their !;