The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-25
CHARTER.
hereinafter named and undersigned. per-

hereinafter named ana unuersiSn eu' ~
sonally came and appeared: 90
The several persons whose names are
bereunto subscribed, who seVerally ue
cIared that, availing themselves oI M
laws of the state or Loulsldn ~ coya-
cases made and provided, they have cove.
nanted and agreed, and they 30, ny thesS
presents covenant and agree anu JIM
themselves. as well as all such personS
who may hereafter become assoclateI WIN
them, TO form corporation LOT the Eo
iertS and purposes, and under the arucieS
and stipulatiOns following, to-wlt:
ARTICLE THE name of this corpor-
alton shall be: The Warren PurGhasinS
and Export Company, Incorporated, anu
under its said COrpOrated name, IL shali
have power and authority to nave anu
enjoy corporate existence ana succession
for the full term and perloi Oh nihSo!
nine 900 years from and after the date
hereof: TO contract, to sue ana De sueu'
and to make and use corporate sedL
and the same to alter and break at pleas,
urp. to hold, receive, lease, purchase anu
convey, as well as mortgage and hypothe1
cate property, real ana perSondl anu
mixed, corporal and incorporeal; 10 name
and appoint such managers, agents. III
rprtOrS and officers its business anu
interest and convenience may require, ana
TO make and establish, as well as alter ana
amend, from time to time, such bylaws
rules and regulations for the proper gov
eminent Of the affairs of said corporation,
as NAV be necessary and proper.
ARTICLE 1.-THE dOmiCile of this cor
poration shall be in the city OF New Or-
leans, state OF Louisiana. and all CITATIONS
or other legal process shall be served upon
the president OF said corporation, or III
| the event of his absence, upon the vice
president and in the absence OF both
! said officers. upon the secretary ana
| treasurer of said corporation.
| ARTICLE III-The objects ana pur-
| noses for which this corporation Is or
| ganiZed and established, and the nature
of the business to be carried on by IL are
hereby declared to be: TO mahuiaCtTre' tA =
! mort. import buy, sell and generally deal
| in gods wares merchandise ana property
| of every class ana description: 10 act as
| buying and selling agents for foreign ana
| domestic concerns: to act as manutactur-
er's agents and distributors for both for
eign and domestic merchandise; ana 10
act as forwarding and receiving agents
for imports and exports; to act Ior' Up
/ crate or own transportation lines or what
| soeyer nature or character. either domeS-
tic foreign, or international; to act as
! financial agents for both foreign ana 90
nestle concerns with the right TO receive
deposits to apply against purchases OF
subject to check; to buy and sell domes
tic and foreign exchange; to act as cor
respondents or agents OF insurance com
panieS either domestic or foreign; 10 ap
ply for and obtain trade marks. patents
or copyrights for its own products, or al
agents for others; to buy and sell OF
commission, and to act as brokers' repre-
senting other concerns; 10 MAKE all hlnu
: | or foreign countries in connection VIII
any interest in which this corporation ma!
y be concerned; to ask for and obtain con
:, ceSSiOns in foreign countries for INDUS
!; trial or mercantile enterprises. and L
! carry out the terms of suCh concessions
to acquire stock in, or finance other cor
poratiOns in which il may become inter
ested; to establish offices or connection
$ in any part of the United States, or i
i foreign countries; and generally, to d
n and perform any act necessary 10 carr
e on the business of domestic and inter
II national trading: and all things peru
/. nent and incident thereto, in order I
d carry ont and execute the objects an
o purposes of this corporation.
e ARTICLE IV-The capital stock OF TN
e CORPORATION is hereby fixed at the sum {
n ten thousand and OO-100 (Sl0OOOOO) do
n lars. divided into and represented by OF
g hundred (lOO) shares or stock OF tne pa
If value of one hundred and OO-lOO tSiOOOt
( dollars each: said stock shall be paid fC
II in cash, or same may be issued at not les
n. than par for labor done or services pc
1, formed for said corporation. or for pro-
rs erty or rights actually received by sal
ne corporation. m :,
IL ARTICLE v-Five thousand and 00-1
he IS. 600 OO) dollars of the stock OF TINS CO
poration has been subscribed for at u
Nv sme of the passing of this act OF lnco
st poration: and this corporation shall
al come a going concern, and shall be a
Nv thorized TO commence business as soon
III twenty-five hundred and OO-1OO ($2,5OOO
Mt dollars OF It's capital SlOth SHdll nave D'
Ill paid for either in cash: or for proper
he or rights actually transferred to 1t.
or ARTICLE VI-The capital stock or IL
ed corporation may be increased to the sT
" of fifty thousand and OO-1OO (SJO,OOO
an dollars, by a vote of twO-thirds of all
a the stock at a meeting called for th
in purpose. m
nd ers of this corporation shall be vested
RI and exercised by a Board OF D1recto
of composed of four stockholders, two
Ter whom shall constitute a quorum for
he transaction of business.
Oh William l.. s. Gordon Of New Orlea
or Louisiana; William F. Coleman, of Carr
for ton, Georgia; and James ID. Williams
roll New Orleans, Louisiana, shall be memb
of the first Board Of Directors; and
Il fourth member of the first Board OF
OF rectors shall be elected at special me
q. ing Of the stockholders called for {
I'D purpose.
zen until the second Monday in March
dcn 1921, after which time the directors 81
as be elected annually by the stockhold
ia at meeting called on the sald Sec
e.s meeting of stockholders to be preceded
~ fifteen days notice, in writing, sent
'ne each stakeholder at his or her last kn(
10, ior be entitled, in person or by proxy, to
'iu- vote for every share owned by him
her; all elections shall be held under s
IRA rules and regulations as may be de
fied mined by the Board Of Directors.
by directors, when elected, shall continue
of their offices for one year, or until {
out successors shall have been duly ele'
ting and qualified. No failure to elect S
fter operate the forfeiture of this charter
in any right under the same. Any vaca
In occurring in the Board Of Directors S
70 a be filled by the remaining directors
as the unexpired term.
rter, William L. S. Gordon shall be presid
ref William f. Coleman shall be vice-pl
the dent; and James ID. Williams shall
such secretary and treasurer of the first d.
re- of Directors, to serve until the SEE
the Monday in March of 1921.
by ARTICLE VIII-The funds of this
its poration shall be deposited, from tim
ON time, in a bank or banks to be sele
cted by the Board of Directors. All che
pur- notes or instruments drawn or execl
shall or issued in said corporations name
said be countersigned by at least two off
and of the corporation, to be designated
one empowered by the Board of Directors
Tivor official shall thus sign or endorse
name of the corporation, save strlctl
shall its concern.
the ARTICLE IX-This act OF incorI
n in ton may be changed, modified or anne
ance or the capital stock increased or deere
yned by and with the consent Of two-third
mere all the stock.
, Of A change in the objects and purI
n of may be made only by vote OF all
,ility stock therefor issued; and an increas
tock the capital stock, in excess OF the am
originally named herein as the amour
l., which the capital stock may be incre
{; may be made by three-fourths OF al
Jay outstanding stock.
This corporation may he dissolved