The herald., 1920-03-04
CHARTER OF HAYDEL TRANSFORM
ZION COMPANY, INC.

State of Louisiana. Parish of Orleans. BE
il known. That on this twenty-fourth day
of February. nineteen hundred and twenty
before mo. Joseph Lautenschlaeger, a No
tary Public in and for the Parish OF Or
leans. State of louisiana, duly commits
stoned and qualified, personally came ana
appeared the several persons whose names
are hereinafter subscribed, all OF run age
of majority residing in TINS parish VINO
declared that. awaiting themselves OF the
laws of this state relative TO the organiza-
ion of corporations, more particularly Act
267 of 1914. they do hereby covenant ana
agree to form themselves into a corpora
ton for the objects and purpose ana I'M
der the following StipulationS, tO-wlt:
ARTICLE 1.-The name and title of this
corporation shall be the "Haydel Trans
portation Company, Inc Ii shaIl ENJOY
corporate existence for Il term of " years
from date hereof, unless sooner dissolved.
1t shall have. enjoy and exercise all rights,
powers and privileges now granted by
law, or hereafter granted. to corporations
of this character, especially the right 10
hold, receive, purchase. ALLEVIATE sen, mort
gage. pledge, rent or lease property, real.
personal and mixed. and in fact anything
| permitted by the law necessary and con-
venient for carrying out the objects ana
purposes of this corporation.
ARTICLE 1.-THE domicile of this cor
porati0n shall be in the City of New Or
| leans. Louisiana, where all citations, or
other legal process. shall be served on the
President, and in his absence, on the
Secretary-Treasurer
ARTICLE HI.-The objects and pur-
noses of this corporation are hereby de-
clared to be: General d~rayage; storage
hiring; hauling; transportation. and. IL
fact, everything connected with or Incl
dental to that liue of business, and tht
! acquisition of the business of the "HaydeI
Transfer Co.
ARTICLE V.-The capital stock of this
.-ro.,.;nn - harohv iVad NJ the sum OF
thirty-fve thousand dollars. divided into
fourteen hundred shares, of the par value
of twenty-five dollars per share, TO be Is
sued in the manner and for the considera'
tiOn prescribed by law. All shares TO D'
full paid and worcestershire. The CAPT
tai stock may he increased when fount
necessary by a vote of two-thlrds OF al
the capital stock, at a meeting called To-
that purpose. The stock subscribed Il
herein by Geo. Il. Haydel and Walter Il
Nc Kinstry up TO the sum OF S6,339.SO eacf
has been paid for by the transfer by then
of the business known as "Haydel Trans
fer Co" to the present corporation, In
Guiding 3 White trucks, ) tons each; ac
cessories. equipment, etc, and good vii
valued at 81, 600. the whole as is more full.
set forth in detail on the itemized list ant
statement attached hereto and made par
hereof.
ARTICLE V.-All the corporate power
of this corporation shall be vested in ant
exercised by a Board of Directors, to b
composed of three, or more, stockholders
a majority of whom shall constitute A..
quorum. The following named ~stockhold
ers shall constitute the first Board of hi
~rectors. viz: Walter II. McKinstry, Georg
Il. Haydel and Octave l.. Aubert, all re
siding in New Orleans, La, with the sal
Walter T.. McKinstry as President, Octav
L.. Aubert as Vice President, and Georg
r.. HaydeI as Secretary-Treasurer, an
they shall hold their office until the frs
Monday of March. 1921, or until their sue
~cessors are elected and qualified, on whic
day the election shall take place, or q
soon thereafter as possible. All stocR
holders meetings. including the annui
meeting for the election of officers an
directors. shall be preceded by write
notice. delivered personally or mailed !
the last known address OF the stockholC
er. fifteen days before such meeting; II
stockholders. however, shall always haN
the right to waive such notice. If an
vacancy occurs on the Board OF Director
the stockholders shall name or elect a SUI
cessor to fill the vacancy until the me-
general election. The election of Director
shall be by ballot, and each stockhold'
shall be entitled to one vote. in person
by proxy, for each share of stock own'
by him.
ARTICLE Vino s~tockholder OF tn
: corporation shall have the right to sell
pledge his stock, without first offeriI
same to the stockholders, through the on
GERS Of this corporation, upon allowil
said stockholders ten days TO purcha
f same. at book valueA or receive same
pledge. as may be desired by the owner
said stock, and no transfer of stock shi
f be binding upon this corporation unle
actually made on the books Of the corpc
e alton. in the manner required by law.
:, ARTICLE VIL-The charter OF this CO
: poration may be modified, altered
h amended, or the corporation may be d