The herald. [volume] (New Orleans, La.) 1905-1953, 1920-11-04
CHARTER OF EAGLE TRADING COM
PANE, INC.

United States of America. State Of Lou
isiana, Parish of Orleans. City Of New
Orleans. BE it known. that on this TWEEN
ty-third day OF the month OF September
in the wear of our Lord one Thousand
nine hundred and twenty. and of the In
dependence of the United States of Ameri-
ca. the one hundred and forty-ffth, be
fore me, Ben jamin Y. Wolf, q notary pub
lie, duly commissioned and qualified in
aud for the Parish of Orleans therein re-
siding, and I'm the presence Of the wit
htSSes hereinafter named and undersigned,
/ personally came and appeared, the parties.
whose names are hereunto subscribed All
of full age, who declared that. availing
themselves OF the laws Of this State rcla-
tive TO corporations. they have agreed and
cONenanted, and by these presents covenant
! agree and bind themselves. as well as such
othcr persons. as may hereafter become
associated with them, 10 form and con
Sutute a corporation and body polite I'm
! law, for the object and purposes and I'M
der the stipulatIons and articles follow
/ ing. to-wit:
/ ARTICLE The name Of this corporo
ton shall be Eagle Trading Company, Inc
. ARTICLE 1.-THE objects and purposes
/ OF this corporation and the nature Of the
business to be carried on by it, are de-
clared to be: To deal in lumber rosin
wood, turpentine and in any OF their by
products, at wholesale and at retail the
same 10 import and export at pleasure and
10 do q general drayage and hauling bust
ness, and generally to do and engage I'm
] connected
with and growing out Of germane or in
claental 10 any OF the purposes herein
aboNe set out or contemplated by this
charter
ARTICLE III.-The capital stock OF this
corporation shall be twenty five thousand
dollars. divided into and represented by
/ TWO hundred and fifty shares Of one hum
dred dollars each payable in cash. prop
erty or for services rendered. The capital
/ STOCK may be increased to one hundred
thousand dollars.
This corporation shall commence doing
business as soon as twelve thousand fve
have been subscribed and six thousand
two hundred and fifty dollars of said
amount so subscribed, shall have been
paid for.
Any stockholder may sell. assign. trans
fer his stock in this corporation. pro
vlded thirty days notice Of such inten-
ton TO sell assign or transfer the same
be given the company, and the other stock
purchasing same, at book value. after
which thirty days notice. the said stock
may be sold in the open market
ARTICLE IV-The domicile OF this cor
poration shall be in the City of New Or
leans. State OF Louisiana
Inc president or In his absence, the vice
president shall be the proper person upon !
whom citation or other legal process shall |
be served.
This corporation, unless sooner dissolved |
shall exist and continue for the period of /
ninety nine years from and after the date
hereof.
ARTICLE v.-Au corporate bowers shall
be vested in a Board OF Directors. com
posed Of not less than three nor more than
hye stockholders. The Board OF Directors
may NIL vacancies in their number how
ever caused by election from among the
stockholders. The first Board of Directors
shall consist of billiard d. Durham, whose
post ONCE address is Poplarville Miss,
and who shall be president; Frank p. Plan
kurnpn 81 I
Prytania Street, who shall be vice-presi-
dent; c. Edward McCants, whose post
office address is 1910 Prytania Street who
shall be secretary-treasure; and Ernest
McCants. whose post-Office address is
225 s. Derbigny Street, who shall be gen
eral manager. Before each election the
Board of Directors shall determine the
number of directors, within the limits here
n provided to be elected for the follow
ng year. Said board shall continue in
'fhce until January 2, 1922, on which date. {
Ind, thereafter, annually, Board OF Di-
.ectors shall be elected on the second of !
anuary OF each year. unless the same shall
'e legal holiday, when the election shall
'e held on the next legal day thereafter 5
After each election, the Board Of Di- +
ectors shall elect from their number the =
ulcers of the company.
The said board is further authorized to 1
rame ana adopt such bylaws, rules and
equations as the affairs and the business
4 the corporation may require, and as it
nay deem necessary for the conducting g
nd management thereof S
ARTICLE VL-This charter may be t
mended and the capital stock of this cor (
Grafton may be increased or decreased or I
he corporation may be dissolved in the f
hammer and method provided by law. b
ARTICLE VII-No stakeholder shall
ontracts or faults of this corporation in
ny further sum than the unpaid balance
the stock for which he has subscribed,