The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-18
CHARTER.
r named and undersigned, per-

sonally came and appeared:
The several persons whose names are
clared that, availing themselves of the
laws of the state of Louisiana, in such
cases made and provided, they have cove
nanted and agreed, and they do, by these
presents, covenant and agree ana Dlnu
themselves, as well as all such persons
who may hereafter become associated with
them, to form corporation for the OBJ
jects and purposes, and under the articles
and stipulatiOns following, tO-wit:
ARTICLE The name of this COrpOr
alton shall be: The Warren Purchasing
and Export Company, Incorporated and
under its said cOrpOrated name, 1t shall
have power and authority TO have and
enjoy corporate existence and succession
for the full term and period of ninety
nine (y9) years from and after the date
hereof; to contract, to sue and be sued,
and TO make and use corporate seal
aud the same to alter and break ut pleas
ure: to hold, receive, lease, purchase and
convey, as well as mortgage and hypothe-
cate property, real and personal and
mixed, corpOreal and incorporeal; TO name
and appoint such managers, agents, d.
reCtOrS and officers as its business and
interest and convenience may require, and
TO make and establish, as well as alter and
amend, from time to time, such bylaws,
rules and regulations for the proper gov
ernment of the affairs of said corporation,
as may be necessary and proper.
ARTICLE 1.-THE domicilc 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 in
the event of his absence. upon the vice
president. and in the absence of both
said Officers, upon Uhe secretary and
treasurer of said corporation.
ARTICLE III-Thr objects and pur-
poses for which this corporation is or
ganZed and established. and the nature
of the business to he carried on by it are
| b.r rod IN ha tn ma pN
port import, buy, sell and generally deal
in gods, wares, merchandise and property
of every class ana description; to act as
buying and selling agents for foreign and
domestic concerns. TO act as manufaCtur-
crS agents and distributors for both for
cign and domestic merchandise; and To
act As forwarding and receiving agents
| for imports and exports: to act for. OPP
crate or own transportation lines of what
| SOever nature or character. either dOmcS-
| tie foreign. or international: to act as
| financial agents for both foreign and do
nestle concerns with the right to receive
deposits TO apply against purchases or
! subject to check: to buy and sell dOmcs-
| tic and foreign exchange; TO act as cor
| respondents or AGENTS of insurance com
panipS either domestic or foreign; to APP
! ply for and obtain trade marks, patents
| or copyrights for its own products, or as
| agents for others: to buy and sell on
! commission, and to act as brokers repre-
/ Seuting other concerns; to make all Kinds
| of contracts. either in the United States
/ or foreign countries in connection with
any interest in which this corporation may
! he concerned; to ask for and obtain con
! ra>~iOnS in foreign countries for indus
/ trial or mercantile enterprises. and IA
! carry out the terms of such concessions
| to acquire stock in. or finance other cor
| pOratiOnS in which il may become inter
| pStpd; to establish offices or connections
| in any part of the United States, or in
foreign countries; and generally. to dc
aud perform any act necessary to carry
| on the business of domestic and inter
national trading; and all things peril
nent and incident thereto. in order e
carry out and execute the objects anG
! purposes of this corporation.
ARTICLE lE-The capital stock of this
| corporation is hereby fixed at the sum 81
ten thousand and OO-1OO $50 100000 dol
lars. divided into and represented by on,
hundred 400 shares of stock of the pal
value of one hundred and W-lO0 $4,000
dollars each said stock shall be paid fOl
in cash. or same may be issued at not les
than par for labor done or services per
formed for said corporation. or for prop
Iprty or rights actually received by sait
corporation.
| ARTICLE V-Fivc thousand and OO-1Ot
$4,000 0O dollars of the stock of this cor
pOratiOn has been subscribed for at tn,
time of the passing of this act of incOr
poratiOn: and this corporation shall be
come going concern. and shall be au
thoriZed to commence business as soon a
twenty five hundred and O0-1O0 ($2.500.OO
dollars or It's capital STOCK snail nave bePl
paid for either in cash. or for prOpert!
or rights actually transferred to il.
ARTICLE NI-The capital stock of thi
corporation may be increased to the sun
of fifty thousand and O0-1OO $50. 10000
dollars, by a vote of twO-thirdS of all o
the stock at meeting called for tina
purpose.
ARTICLE VII-Au the corporate pow
erS of this corporation shall be vested il
and exercised by a Board of Directors
composed of four stockholders. two o
whom shall constitute a quorum for tn
transaction of business.
William l.. s. Gordon of New Orleans
. Louisiana: William +. Coleman of Carol
. ton, Georgia; and James ID. Williams o
New Orleans, Louisiana, shall be member
of the first Board of Directors; and tn
fourth member of the first Board of hi
. rectOrS shall be elected at a special meet
ing of the stockholders called for tina
purpose.
The first Board of Directors shall serv
until the second Monday in March o
, 1927. after which time the directors shal
: be elected annually by the stakeholder
, at a meeting called on the said secon
; Monday in March of each year; sal
meeting of stockholders to be preceded b.
fifteen days notice, in writing, sent {
: each stakeholder at his or her last know
! place of residence. Each stakeholder shal
be entitled. in person or by proxy, to on
vote for every share owned by him o
her; all elections shall be held under sue
rules and regulations as may be deter
mined by the Board of Directors. Tn
directors. when elected, shall continue i
T their offices for one year, or until thei
= successors shall have been duly electe
: and qualified. No failure to elect sha
r operate the forfeiture of this charter. o
\ any right under the same. Any yaCanc
4 occurring in the Board of Directors sha
a be filled by the remaining directors TO
$ the uneXpired term.
;, William l.. S. Gordon shall be president
= William +. Coleman shall be vice-presi
Q dent; and James ID. Williams shall
of Directors, to serve until the secOn
Q Monday in March of 1921.
Y ARTICLE VIII-The funds of this cor
$ pOratiOu shall he deposited, from time
: time, in a bank or banks to be selecte
1 by the Board of Directors. All check:
notes or instruments drawn or executed
| or issued in said corporations name Sha
1 of the corporation. to he designated an
p empowered by the Board of Directors; n
r official shall thus sign or endorse tn
name of the corporation, save strictly i
| its concern.
p ARTICLE IX-This act of incorpora
a ton may be changed. modified or amende
p or the capital stock increased or decrease
I by and with the consent of two-thirds @
Q all the stock.
A change in the objects and purpose
{ may be made only by a vote of ali tn
: stock therefor issued: and an increase O
the capital stock, in excess of the amour
originally named herein as the amount I
, which the capital stock may be increased
= may be made by three fOurths of all tn
: outstanding stock.
4 This corporation may be dissolved b
a vote of the holders of two-thirdS of a
: of the stock at meeting called for tina
Durnosp