The herald., 1920-01-08

iana Parish of Orleans. ~. f. the vear
on this Goth day OF Deceil i nine hundred
~ our Lord, one thousand hine
-, f,otel and of the lnie-
anu -, ~ the United States OF A i1.t,b
~ ono hundred and forty-IouI'n not NV
tnSorc me watts h. LeVerlch, Co. tho
DnhIic. duly commissioner ~ an" Parish of
iTt,,, ~ New Orleans, IN tny ~ nres-
NY o ,berein residing, and IN tne "a
oreS tbe witnesses hereinafter "a 90,
Ia Undersigned, personhhy an 49, names
s,narsd the several persons sncIored that
- berennto subscribed %ho royisions OF
atIing themselves OF the 40 the or.
aValnns 81 this state relative 70 thI =,
inc ,,Sn of corporations ,hese
pl.un,,anted and agreed, ana 40 fos ~ and
,son,s covenant, agree pi VI, ,ucb ner.
rponstituie themselves, as wen IL become as
sons hs 18th them, iPtO corporauol I'D
soclaleu ,,,,, In law, NOr the ODltcts nJ
pou. Iss and under the agreeh'
pinpJatIous following TOWN. 1T. cornora-
ARTICLE 1.-The name 9,uaysi u CO. Inc, IN
non 49, name II shall exist Ior the .hs
der Will nermitted by the laws vi ,he
60 ~ Louisiana, ana shtnct 70 sue
o.a ,,.sr and authority 10 CO.. oaive mort
nd he sued, to accept anu rnothecations :;
cages Pand use n corporate scar nna 20
10 ihane h.aak and alter AT pleasuu so
,,-chssa receive, lease, noIu ~, % cornorate
PnS,ira and convey UNDER na,soOai and
nsms' property both rea,, in such man
fnj and to secure same III ,ormit. TO
mlAeu, a. ouisiana law may peIs' a;
ner Hs s onnoint such managers AM I..or-
n,o,s officers and agents DO ornoration
e,and convenience OF saiu astahlish.
nav require, and TO mar ,S AZ Measure,
as WI hv'isys, rules and regnia.io rs the
such ynasement and regulation oi ~
astoirs OF the corporation as "'
sary nroper, or convehlenl' this cor-
esss nagyr.,rI.E 1.-THE domicile Oh .hIs Or
Ak ia .hsn be the City OF New al
Ia and all citations or ON, n presi.
nn.s sball be served upon sne hsanre
ggaSi Of the corporation, OF IN HIS
unon the Secretary: ,..o., ord nurposes
hh'ch This corporation Is estaohs inri
10. ,ha natnre of the business 10 W "a
ina On Inv IL. are declared anu spoorjre
80 he. To purchase or otherMi oIisnate
I'm hold, lease, sell, or oth erMis; hyno-
mortgage sn 81 1IproVe, develop, operate
thta.ain and generally deal IN anu III
nH 20 handle any and all lands or
arai or other rights In Janus ,har min,
sand. gravel, stone, marble Vi o,ber min
araI surface road material OF ,oipa or
eIai or comm odities, and 10 Inihe ,hor
e.hn,wisa extract any OF sucn vi hasa
minerals from any such ianu VI ,aasa sell.
o. otherwise acquire, own, noiu, oncnm
or otherwise ALLEVIATE. mo naats and to
, uer, produce, develop, unpr md
$1,000 handle. and generally ueai III sS
orayel stone, or other nln ,,,s ynator
sd material, as well as buiiulhs ,s 70
iais and merchandise Oh al hX-nroducts
aather with the products anu "! uoada
- oil such articles and artlCIeS INA
,herefrom: 10 contract for, nlShe; 1--WE 'rnvs
cons,ruct maintain, develop anu raods
hIgbwAys. railways, rallroaus, anu a,tchas
~ ayary nature and kind, drainage dI''nu Ia
OF eteus Sjtches. canals, buildings, ana
nIi,b,s ~ way. and to do general con
Isn,,ne Lusiness; to purchase or oihel
In acouire. own, hold, lease, sen vi
otherwise ALLEVIATE, mortgage; ann.
or otherwise hypotheeate ana ' 70
e or maintain, operate. generaly
handle and deal in all plants puiu atnss
.'achjnerv cars, railroads, eleNa.vIs'
canals. or other waterways, Doats Vi ther
Equipment, and to engage IN any No
business authorized by Lonislaha a. 49, asr
Se7 ~ 1914: and to have, enjoy ana eAer
eSss all the rights, powers and prNllekes
wbich are now or which may he rea.e
no conferred upon corporations VI 90 the
under the general corporation laws vi INV
s' AaiRTicIE IV.-The capital stock Of SAID
oornoration is hereby fixed AT one nun
dres thousand dollars (s1OO,OOoool, III
yided into or represented by one tso u,o
and 1ooN shares 500 81 oo epa ar which stock
shall be paid for In cash or may De Is
sned for property actually receiver "
the corporation or Tor services renueie ~
The capital stock may be increaseu uP "
the sum Of fve hundred thousand ooi-
ARTICLE V.-All the powers OF this cor,
noration shall be vested In and exercisee
Nv a Board Of three t3) Directors, eaen
OF whom shall have registered on tne
In name.
~ least one share Of the capital stock.
The Board shall elect from their NUMBER
a president. and may likewise elect, ouI
not necessarily from their number, one Oh
more Vice. Presidents, Secretary, treas
urer, and such other officers as they may
think proper or convenient for the carry.
ing on Of the company's business, anu
shall have power to unite two or more
Offices and the same to confer upon one
person. or to dispense with any Office an
the salary OF all officers, agents, ana EN-
nlovees. The Board Of Directors shall be
elected annually on the first legal DAY
OF December of each year, the hrst eiec,
such elections shall be by ballot at the
office Of the corporation. Notice or the
annual meeting, as well as OF special meet
ings Of stockholders, shall be given Dy
written notice mailed at least hfteen tlo)
DAYS in advance Of the date OF such meet
iwx to each stakeholder appearing as such
on the books of the company, at his last
designated address, or at the GeneraI De-
livery at New Orleans, II he has not desig-
mated an address.
Each shareholder shall be entitled to one
vote for each share Of stock standing In
his name on the books OF the company,
said vote to be east In person or by proxy,
and a majority of the votes cast shall
elect The Board Of Directors shall have
the power to fill 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
vacancies are to be filed. Failure to elect
Directors on the day above specified shall
not dissolve the corporation, but the d.
rectors then In office shall remain In office
until their successors are elected and In
stalled. The Board Of Directors shall have
alter aud amend. all bylaws. rules and
regulations necessary and proper for the
support and management of the affairs
and business of the corporation and not
inconsistent with it's charter. The Board
shall have power by a majority vote of
all the Directors, without referring to the
shareholders, to borrow money, execute
mortgages. issue notes, pledges, bonds or
other obligations, IN such amounts and
on such terms as In their judgment may
be advantageous, and generally to do all
things reasonable and necessary or con-
venient for the proper carrying on Of the
business Of the corporation; and they are
especially authorized to issue and deliver
full paid shares of stocks and bonds or
other obligations Of the company in pay
ment Of property secured by said corpora
ton. Twot2) Directors shall constitute a
quorum for the transaction Of business.
AT any meeting Of the Board of Directors,
any Director absent from the meeting may
be represented by any other Director, who
NAV cast the yote NJ the ahaeuf Dtrortor