The herald., 1920-04-08
CHARTERS.
CHARTER OF CANAL INVESTMENT
COMPANY, INC.

dred and twenty, and OF the independence
OF the United states OF America the one
huhurSd anu 1oriE-iourth, OeIort me- r.,
doh D Lazarus. z Notary, fuphc' uulS
commissioner ana Guallheu IN anu IoF
lne iaFlsh OF 'rlcahs' ntale Vi LOUISIANA
thereln fesldlhE' ana IN tht pI'sthye vi
me Witnesses h'i'in"l'tL h'II'u Hnu vi
dcrslEhed' personally came anu aPPSdTt'
the several persons whose names are mere
unto subscriD'u' an o. Ine iuli aEe Vi
n!di"iHNr "i'o s'nslHiiH N''i%i'u =" ~
NoIaFs, lnd' a. aims I"vi,'a'!''S VI t"S
laws OF u" Hla,t OF LouISl5ha III sun
.nstS nLsu' anu ~ ~ ~, nHu I''l ,i ,.a
icuIaTE OF ~ 40, -, ' "i 'nt l' 'lai
assembly, "l houiNi"na Oh 1913. as auIt ,H1.
"a, Ttidlin- 10 .n' CTtn,ion, VI.
coycnant.d and agreed and Inv these
presents do ,ovauaut and agree and mind
,Ia,,.'.t,-o. . - ,,,u - an IN o,b.r ,.r
Nth ,b,m 10 form. . roruorgtiop for the
ohierts ana ruruo-a- and UuJer the ar
tiri.s ana srirtlgfIura following to-vit.
,pTICr = rr.. -,,,,o aud st,io os
, AiNiI- '"' 1","' 8Au -. "
mt CoI,,,rF H.. and under H. cor
norata nar,, 10 shan have. powcr and an.
tbority tn have md 10 ,uioy corporate
eXistpnre for "a u.rfpy If Dfuctv I. nine wears
from This d.tr ,,rl,.- sooner dissolved by
ifnuidgtion nv afbrr,-i.,. IL shall have
mower 10 contract 10 sue ard to be sued
10 make and usp q rorpur9tp seal and TO
aItor and brn9E same at Measure. 10 hold
release r,caiy. purchase. transfer. as
sign couyn, 1ortgare bypotbecate
pledpe or otherwise receive or diSposc of
nronrrfv rrgl parsou3I and MIXED cor
norroI or iurnruoragl. 10 issue bonds and
IL desired to secure the same by mort
gage. to buy and hold stock in other com
panies; 10 name. elect and appoint such
managers agents. directors or officers
as its business interests may require. and
to make and establish, alter and amend,
bylaws, rules and regulations for its
proper government as may be deemed
necessary aud proper. and generally 10 do
any and all things incident to- or neces-
sary and PROPER for the proper conduct
and expansion of the business In which
the corporation is engaged.
ARTICLE II-Tbis corporation shall
he domiciIed in the civ of New orleans
IoniSioua and ali citations or other Ie-
cal procesS shall he served upon tho
president Of tho cornnrotion and in tho
event of that officers absence upOn the
Vice President and I'm the event of the
absence of both. Upon the secretary or
the Treasurer
,pr,Crp IT, rho oh;,,,. I'D ms
- ~ ~ IE ~, w anu
bed and created and tbc nature of the
business TO he carried on by IL are here
by declared 10 he as follows. To huy.
sell. lease and otherwise acouire. deal in
or disnose of nroDerty reaI narsonaI or
mixed in the CITY Of New Orleans or else
where either for its own account or for
In
condnct sncb other business and r. do
snch other things as may no fonnd neces-
sarv or convenient IN affactuote tho oforo
said nurnoses or IN enhance tho nroSnor
ity and Tho vaIne Of tho nronartiaS rights
and nrivilepes of this cornoration
,pr,CrE,v rL. .i.,I ,.,,r. ~ .L,.
ahI ~ Lh N;-lhe caplsal stoch vi thIS :
copvIa9n as nerDS Are az n1 o sne on sum VI
vne na ,is thousanu HIoouoVuvy upI-
Iars' dvluen INTO anu represented pS
o "s,no t nny shartS. az one huhIre u
Nivy, uoiIlrs each. Salu siock shalI
oe pnLu Ior Lm casn OF JUS equIEaient as
t Us Jaw anu III s"Sn n ii an I
a. sun .iile anu IN sun hiS.dIIlth t -, az
ra";;o-D p,rbo no,'i.aI ~ Ut c noaIu vi a.
asoa.nS a., ~ ~, e"pi sIo's may ue ii
ssesn 900 oo, ~ ". nv! onous' il
.sAoV .y', uo s W pe rcPresentru w
hmos.aS SsInn nn, 5niinr u A., at olie
~ III NiOou, uoi hn eaCn. All stoos
VI ms wi "'ion snali oy Iuil paul anu
-dssessape' anu shaI pe represented
az Directors NAV datarmine sj%ned bJ
the President or Vice President and the
Secretary. and sealed with the seal Of tho
eornoration "
.nm,cJI,
.,tar LIE . nv sloch vi IIIs oorP Ut.
Suyn nay pe uansisIreu ohiy Vn 'ne
oh y. tnu wi s any upJe'I W
ha .,hoS anu az, H. as may ny
Dc 20 Ds .roni tl,ne 70 tLllit u! the
h poaIu OF nire - no s,ocknoldeI shaII
" perHI,teu 10 sen, OF otherWIse dlspose
vi NE stoSh "lhout nrst oHerihG the
sse III wrns =" tne other stockholutIs'
III n.ousn .ne poaro OF pireT.ors; at price
not eAcSeuIns tne oo9k VaIue thereoI, ana
sne st1chnoiuers snalI nave an opuom ana
nIst righ' 70 purchsse ,or cash All the
snsres ., stock 10 pc thus ulsposeu OF
anu snaii nave perlou OF Ten DAYS VIII
~ wnlch 70 accept OF oecnhe such oHer
seoh. oPon ,he Iallure OF salu BOARD
"a u ,s,,s OF tne stocknoIuers 10 eXer-
th~s "a,n a1, .ne .l'ie s.ipu,a,ed tne Sp,ion
Illus granteu 10 ,hem' the stocknolder
whS uesires 10 sen or otherwise dispose
vi MS SUCK 'or Ms nelrsD snall De AT ND
Try 70 sen Ut oiherWlse ulspoSe VI MS
saiu stoch IN sucn manner ana AT such
DIZZY as ne or they may see MT; BUT the
s.och on TINS corporatlon shail De non
negouaDie ana non-transterable, except
uhoer tne conditlons and stipulations
nsreinhpoYe ser 1orth, ana no transfer
VI stvch Whatsoe'tr shall De Dlnulng up
on this corporation until ana unless made
upon its DOCKS
ARTICLE VI.-The corporate powers
OF this corporation shall be vested In. and
exercised by. n Board of Directors, com
posed of not less than four nor more
than six stockholders. three of whom
shall at all times constitute q quorum for
the transaction OF business. The Direc-
tors of this corporation may vote in per-
son or by written proxy Mt any of the
meetings Of the Board of Directors. The
first Board Of Directors of this company
shall be composed OF the following: Peter
Jung, Sr. 1862 Gravier street New Or
leans Ia: Alexander Krauss, sol Maison
Blanche Bldg New Orleans La: Never
Eiseman To Common street New Orleans.
La; Eldon s. Lazarus 902 Maison Blanche
Bldg, New Orleans. La. These Directors
shall serve until the second Monday in
March. 1921. or until their successors shall
nave been elected and Oualifipd The nj