The herald., 1920-06-10
CHARTER.
CLARAMAR COMPANY
LII 0fonPnRATED.

lIB1 INCOhT CT, ~ Iou-
Gates of America S ,,ily a" of New
ntsd. ss ssh Of Orleans, ' oS this 18th
=. PaIi Il known, ina, on IN. w" YEAR of
4 as D. month Of May; !" rmndred and
i tbe thousand. nm I nu" If The
LOrd Oa' Of the indrP'1 ,hc oue hun
~, a nu of America, ~ nm" Fred
"a s'a terty fourth, or5Ii dniv com
sd a notary pI,nod for the
i warn and qualified, s"iana, and
siSDeaa orleans, state o - herein
4 = dsseuce of the ;'.nnJ personally
'ss gsS and unddsisIl"ST1r, r,I persons
aud appta bercuntO subscribed all
II, ranes aI TO of majority ana resi-
~ the full that ayailiuG themselves
E.nx deelare.u az New orleans, VINO
q q the e AZ the laws Of TINS STATE
q. PROVISIONS rganizarrun of corpora
"a to he ,oIarly Act NJ. 20 OF the
= nd paili 81 the General Assembly
Sstye sets Iouisiana for III" year
n, STATE " coyenanted and aEFeeu
n'they pa a' presents covenant, agree
rao b. tpe.lvas AS well as Such "lIl'r
hpd tDemy hereafter become asso-
rsus vho L., ar their successors |"
"A WITH tI,;tute a corporation or bodH
md eons Cor the objects ana purposes
- in law TOT an and stipula-
,,der the ag gre. -"
allowing tO-"i'' go, ,,,Ie If this
.nrIE 1.-The name . a,% lamar ,'r COM
eIlLIn shall be the - e. cor
iSunSorporated, ana unu' liver and
~ name 20 and enjoy corporate eN-
i 'sshtJ 70 nancessicn for the full term
a and Oinety-ninp years from ana
perioo VI hereof: To- contract, 10 sue
4 tie us' 90 make and use corporate
X sueo, and the same 10 break
Y desasure. 10 hold, receive, lease,
,ttef o. convpy. as well as mort
ebsss nothecate property. real. per
y ana Ia rorpOrral or lncorpOreal
y or miS appoint such managers,
sane a.a ,s and Officers as its bust
Il IS dIo, and convenience may re.
= niri' act as agent, TO make ana
~ ina ,eIl ms alter and amend from
sashsh 40 snrb bylaws. rules ana reg
., un. the government OF the al
sons ~ cornoratiOn as may be neceS-
sud proper. ,,..
G,,IcI,E 1.-THE domiriir OF inns cor or
- shall be at New prIe I, i ~,
..d all citation or oth'r hE1l Pr"
S N he served upon the presluen' OF
s",noration, or in the event Oh nus
anon the vice presldeht: "hu III
.S.uce Of both OF sald oll'''rS' a'
4 I ~ directs. ,
-,cE III.-The objects ana pur.
Blvh ieh this corporation Is FORMED
90 ,sture of the business to be ear
~ are hereby declared TO be !:
"a sell, and deal in all kinds OF
hM.aSsI or mixed property. within
W AZ Louisiana, the United states
-.,1ca or elsewhere; 10 purchase
A.-sbsnge or otherwise acquire any
IN nroperty, movable or lmmOVaDle,
y. same TO sell, lease, mortgage. eN-
a, otherwise ALLEVIATE or cucumber; ;
Ss.,ea reclaim and improve real es-
"A 10 lay the same out IN town
lawns. cities. villages or other pO-
-, subdivisions, and In connection
"a 10 sell the said real estate as
:. jais suburban sites or farns' 10
4. nd construct all necessary or con
-, improvements, incidental thereto,
s.J,.r bitches. canals, streets. roads,
...,slts. sidewalks and alleys. To build
i = ,rct BY itself or through other resi-
= Sxeilings or other structures, and
unasctiOn Herewith 70 operate any
IN mills or factories for the pur-
= a manufacturing building materials;
"a buv and sell and deal in personal
.,sty. stocks, bonds, mortgages. or
=. ..urities TO buy. sell and deal in.
veil 40 vote in any manner or proceed
a. stock in other corporations and the
Trs, In any partnership or flrm 10
!, agent. either through itself or
s,ogb rs sub-agents, for any person,
!. A. eorporation, to do or perform any
ahnVn l.
M and generally to do each and every
4 ,,d thing to engage in any and all
vd.sses incidental connected with or
-yipr out Of the above expressed OBJ
I, and purposes. the same as if the
:, vas set forth herein.
RTICLE Iv.-The capital stock of this
rOrston Is hereby fixed at fifty thou
q dollars, (sJO,0O0.00), to be divided into
represented by five nundred (5OO)
urs Of stock Of the par value of one
adrsd dollars $4,000 each. This stock
n be increased to one hundred thousand
fau $500, 000.00) on vote of the stock
slsrs Of said corporation at a meeting
ID for that purpose. No stock shal
snnSerred to any person not already
- seekhoder until written offer accom-
nd By the stock certificate shall b.
70
1 I'll sane to any then stakeholder o.
company, for not exceeding the booh
We Of the stock; and until said Offer
h remained unaccepted FOR a period o.
~ thsn thirty days. All shares of stocl
III be issued as full paid and non-as
xabk, and no transfer Of stock shall b.
nius On the corporation unless record
I "a Ia books This corporation shall
izand dollars 1895, Ocu.OO) Of the capita
nj d subscribed for.
RfIcLE YAH the corporate powers
sad corporation snail be vested in anC
aruet by board of directors com
NJ q not less than three nor more
n I've stockholders. Said directors
al elected annually on the third Mon
lh Nay In each year, at genera
S'iholders' meeting, except the frs
M appointed In this charter, who shall
heir offices until the third MOnda!
nay lssl, and until their successor
aeeted. All such elections shall b,
" ballot and conducted at the of
nd the corporation. Notice of sucf
'-nng and Of all other stockholders
shah be given in manner pres
- BY law, and when not so pres
- s-Sh "Eltttii OI SUCH Dlttl
van be deposited, at least ten day.
w the date of such meetings il
pos'office Of the City of New Orleans
-sssed TO each stakeholder at his las
saaress or place of residence. A
va elections and at all corporate
sass every stakeholder of stock stand
ais name on the books of the cor
..es shall be entitled to cast one q
R each share of stock standing IL
Ane' the same to be cast by hin
,,'...s OF by his written proxy, and
sV Oh the votes east shall elect
Nsncy occurring among the direC
IN Death, resignation or otherwise
niied by election for the unex
su Wfm by the remaining directors
as 70 elect directors on the da,
v,s pfified shall not dissolve the cor
w 81 impair its corporate existenc
- eent, but the directors then /
r1Ai remain in office until thei
nj y are elected and qualified. TIL
~ directors shall elect a president
s,.,isldent, and a secretary-treas
Ivy president and yice-president shaI
s,A..s oioers Of the corporation an
! o. the board Of directors, bu
Mry treasurer may or may no
- ufeetor or stakeholder. at the dis
~, me board Of directors. TIL
a. directors shall be determine
4 ~ heiders at each annual meet
NJ, board Of directors shall hay
- md authority 70 annoint snc