The herald. [volume] (New Orleans, La.) 1905-1953, 1920-11-25
CHARTER
OF THE CORD-TEx co. INC.

United States or America, State of Lou
isiana. Parish of Orleans, City OF New Ut Ut
leans BE it known, that on TINS, tne - t
day of the month of September, IN tue
ye3r of our Lord one thousand, nine nun
dred and twenty, and of the Independence
of the United States OF America, the one
hundred and forty-tifth, before me, Ray
mond H. Saal, notary PUBIC, u9G cV III.
missioned and qualified, within and for the
Parish of Orleans, State OF Louisiana;
therein residing, and in the presence Vi
the witnesses hereinafter named ana uh
dersigned. personally came anu apPghar 49,
the several persons whose names are mere
unto subscribed, who severally declareu
that availing themselves OF the Deae tns
and provisions OF the Constitution OF tns
State of Louisiana and OF the laws OF saIu
state relative to the organization OF cor
poratiOus and particularly OF the pro
visions of Act No. 26I of the GeneFaI As
sembly of the State or Loulslaha loF tnS
wear 1914 they have united 10 iorhl' anu
they do by these presents form ana or
ganize themselves, as well as all suCH
other persons who may hereafter Join or
become associated with them or men tdr
successors, into a stock corporation LOT
the objects and purposes and under the
covenants. stipulations and agreements lol-
lowing, tO-Wlt:
ARTICLE 1.-The name and title OF TINS
corporation shall be The Cord-IeA 20,
sooner dissolved in accordance win the
law and this charter, II shall exist ana
continue and shall have and ENJOY cor,
pOratp existence and succession for period
of ninety-nine (99) years from and after
the date of this act. II may nave hoiu'
receive, borrow, lend, exchange acquire
by grant. gift or purchase. devise OF Ne
quest sell. ALLEVIATE dispose OF, convey
lease pledge, pawn, hypOthecate, encum-
Der or mortgage property OF any klnu:
whether real. personal or mixed. cOrporeai
or incorpOral, movable or immoVaDle' All
subject to such limitations as may De pre-
scribed by law. 1t may make, issue ana
endorse bonds or notice and other evil
dence of debt. II may accept mortgages
pledges or other forms of security for
money loaned or other debts. 1t may con
tract, sue and be sued, plead or be I'M
pleaded by its corporate name IN any
court of competent jurisdiction. IL may
make adopt and use common seal ana
alter the same at pleasure. IL may hoid
stock in other corporations, and Its cap
iraI stock may be issued for capital
stock in other corporations. II may name
appOint and employ such managers, Ill
redtOrS officers, agents and other en-
ployecs as its said business ana con
venieuce may require, and may nN thelr
| compensation. having due regard TO the
nature, character and value of their SerN-
/ ices Ii NAV make and establish bylaws,
| rules and regulations not Inconsistent with
! this charter or any existing Jaw hNlhE
\ or altering the management OF It's prop
| erty, the regulation and government OF Its
| affairs and the manner OF the CertincatiOn
and registration of its stock. Ii may wind
/ up and dissolve itself, or be wound up and
t.diSsOlycd in the manner prescribed by
law. IL may conduct business i'll this
| State other States, the Federal Districts
| the Territories and possessions of the
/ United States, and in any foreign country
1t generally shall possess all the powers
rights. privileges and immunities which
| corporations are and may hereafter be
| authorized TO possess under the Consti-
tuition and laws of this State, and par
ticularly under Act No. 261 of the Acts
| Of ha Assembly of a.
Louisiana for the year 1914. And 1t Shal
have the power to invest its board OF dl'
rectOrs with all Of its corporate powers
subject to such restrictions as may bt
named in this charter.
| ARTICLE 1.-THE domicile of this cor,
poration shall be the City of New Orleans
Parish of Orleans. State of Louisiana, and
all citations or other legal process shall
be served upon its President, or in the
event of his absence, upon the Vice Presi
dent, or in the event of the absence of both
of said officers, upon the Secretary.
ARTICLE IU.-This corporation shall
have the power to conduct its business IL
| all of its branches in any Of the States
Territories or possessions of the United
J States, as well as in foreign countries, anC
may have one or more offices outside of the
State of Louisiana.
The objects and purposes for which th'
said corporation is formed and the nature
of the business to be carried on by ii ar,
hereby declared to be:
% To carry on the business, both whole
sale and retail. or selling cOrdage anC
textile products and all products allieC
or kindred to same; to buy, SELL manu-
facture and deal in all kinds and combina
lions Of cordage and textile products,
any products made from said cordage o
textile products, and generally, 10 trans
act and carry on general business o
manufacturing, buying and selling,
cordage and textile products, as well a
of products allied or kindred to same.
(2) To purchase lands or otherwise &C
quire lands and buildings in this State o
elsewhere for the erection and establish
ment of a mandatory or manufacture
and work shops, with suitable plant, en-
gines and machinery, with view to buy
! ing, selling, importing and exporting o
otherwise dealing in, either directly or in
! directly, through the medium of agent
or otherwise, cordage and textile products
as well as all products OF a kindred o
2 allied nature, and to acquire by purchas
: or otherwise, patents, patent rights an
privileges, or improvements or secret pro
4 cesses for or In any manner relating to a
: or any of the objects aforesaid, and I
o grant licenses for the use Of or to sell Q
e otherwise deal in any patents, patent right
and privileges, improvements or secret Pre-
cesses acquired by il, and to sell, mortgage
l. lease or otherwise deal with real and pei
: sonal property Of the company.
s (3) To act as the agent or represents
= tive OF corporations, firms and individual
: and as such to develop and extend III
/ business interests OF corporations, firm
3 and individuals and carry on the bushes
q generally OF manufacturers agent; to d
. general business as a commission me-
% chant. selling agent and factor in Il
!. manner and to the same extent as naturi
;, persons could do; to make and enter I'M
- all manner and kinds of contracts. agre
" ments and obligations by or with any pc
- son or persons, corporation or cOrpor;
&c tions for the purchasing, acquiring, holt
> ing. manufacturing and selling or othe
s wise disposing Of. either as principal I
agent, upon commission or otherwis
4 cOrdage and textile products of all kline
!, and nature, as well as a:y other article
n of personal property whatsoever, and gel
al orally in full power to perform any ar
u all acts connected Herewith or arisiI
h therefrom or incidental thereto and ar
s. and all acts proper or necessary for Il
n purposes of the business: to act as mani
t. tacturer's agent and purchasing agent
D. any and all persons, firms. corporations
D. associations, to operate a purchaSir
re bureau for any and all persons, firms. co
IN poratiOns or associations; to own and o.
Of crate warehouses and places for the stO
age of goods and merchandise of all kin,
N and generally to act as a storage al
IS freight forwarding agent; and generally
mn carry on and undertake any business, u
a dertaking, transaction or operation cor
n monty carried on or undertaken by me
& chants, commission men, factors and man
is facturer's agents and in the course of SUI
az business to draw, accept, endorse, acQui
M and sell all or any negotiable or tran
~ ferable instruments and credits.
f) Generally to do all and everythiI
IN necessary, suitable, convenient or prop
N for the accomplishment of any of the pu
; 'ses or OF any one Of the objects here
Us enumerated or incidental to the powe
p herein named or which shall at any tin
ne appear conducive or expedient to the Or
w lection or benefit of the corporation. eth