The herald., 1920-01-15

CHhh I 80 of America, State of Louis.
- parish of Orleans. lie IL KNOW IL -
IN this Goth day of December, III hn,Sred
oT our Lord, one thOusahu' HIM
o,a nineteen U919), and OF tn sr,arira
anu 80 Of the United states OF AiIsiIL,
IenhehCe u y, and forty fourth Nl1ftnI,
my ~ 30 watts n. Leyerlch' 49,.
nI,o duiv commissioned III anu ~ ~
Pc ~ New orleans, IN tne ,ha nr.s-
orIeans. therein residing, a anu :. ,am.d
ence of the witnesses sonaiIy came and APP
"iu a ,he several persons MhUse tbot
pee soronnto subscribed, VINO ueSh;ons of
NV ,iing themselves OF the PIo, tho or.
,ne laws of this state rela.N' ,Sev have
;1atiou of corporations - these
Sahli,ad and agreed, and 90 Oy nd
t,g coyenant, agree, binu' iah nor,
Panstj,ute themselves, as wen bocome as
80 as NAV hereafter JON OF u",tinn and
sociated with them, into d nv, Toi pohiects and
800, noIitic in law, for the oUJt and
body and under the agreements "
pup,Iations following, town. oornora-
'PPTICIE 1.-The name OF thiS Inc I'M
80 shall be State GraVei -, tbe long
dor which name 1t shan eNiso Ia,ys of the
est perI'u P,stana and shall ENJOY an Ima
btate Va va authority to cohtIaItI T. mort
POSe. sned. to accept anu Ieothecations :;
Hn os hedges or Other u! PsoaI and the
sSnate and use corpoi"t pleasure; to
10 MAJ H hreak and alter az na9Sarwise
same " Uaceive lease, hold OF otAoorate
purch md convey under lts oai and
acquie nroperty both real PEI sUch man
tad and to secure SAINT - hermit: to
NJ % the Louisiana law na,ers and di-
ner as onnoint such manhgeIS inter
name anu .tiaars and agents as Tue n,ion
rectoIe, convenience of salu S"iP,nhIjsh
est a,uire. and to make anu rIeasure,
III" cell as alter and hlienu "Iotions for
md
.'1cb by-laws, rules ahu,Istjon of the
SUI arrangement and resuia no nee
the inan s ,hn CORPORATION as may pe ~
MAJ nroner or convenient ,bis cor-
essh nST1CJ,E III. The domlcie % Sey Or
aation shall be the Clty Vi other legal
leans. La, and all cltation nnon the Presi.
Jent of the corpora'lon'
upon T vn v III.-The objects anu ppI ned
a., ybicb this corporation Is 80 he car
and the nature OF the I"rad and specified
~ on nv 1t, are declareu M acnuire,
REQ On ny purchase or otherwise nqate
W hold lease, sell, or other tn bvno-
,'ortgape cucumber or oian onerate,
.hocafe and to improve, ue'sp, nd with,
maintain and generaily aii lands or min
nmd 10 handle any and an lanu containing
anu ~, other rights in lanus ln- min
Ia Gravel stone. marble OF thor min
SAM SAM .5rface road material, OF o' ei,a or
.rais or commodities, anu ~ or other
otherwise eA.r nv such land to purchase
III n,herwise acquire, own, hoIu, re"S oncum
n,herwise ALLEVIATE, mortsase' ond to
u or otherwise hypothecale' ,nnnrove.
manufacture, produce, uev Dew, dsal in sand,
oper,e s,ane or other mineral sur,a n.
So Material. as well as Duliulns To
10 and merchandise OF an kinu oiuct a
natber with the products ana DS made
~ all such articles anu make. build,
t.'nt maintain, develop ana iihpIosss
hyabways. railways, railroads. anu d,tches
hs nature and kind, drainage ul'enu a
;n.sastion bitches, canals, puIluI con-
rights Of way, aud TO 10 or other
Iac,in aec,,,ire own, hold, lease, ser Vi
",Io,wise ALLEVIATE, mortgage; nDu-
~ otherwise hypothecate ana . 70
Sac,nre. maintain, operate, h,,Id;nrs.
handle and deal In all piaah's' Elevators,
anais or other waterways, boats OF othe
,nSnment and to engage IN any - No
hasiness authorized by LouIslah" "a oyer
9sT NJ 1914; and to have, ENJOY anu
else all the rights, po power m mm hereafter
vi cn,farred upon corporations orga1sit5 q
DC the general corporation laws vi 'ns
state Of Louisiana: -, ,tocl, of said
ARTICLE IV.-The capital s.oeh VI hun
oornoration is hereby fixed NJ 10 o no, Al.
b .honsand dollars (SlOO,VVVVVl,
,iISsa into or represented by one .eo mno
and a ,OOO) shares OF a par 'ai S;ch stock
hnndfed dollars (S1OOOO) each, with VIII. IS is.
shall be paid for In cash or acn;vad nv
sueu onrnoration or for services rehuereu,
mna canitaI stock may be Increased up "
.ha sum OF five hundred thousand Jul
lars (S5OO, OO000). =, ,h,s cor-
aa,inn shall be vested in and exerclseu
Hoard of three ~ Directors, eaSn
- gbom shall have registered on the
hacks of the company IN hls o" ,ncL
az least one share of the capital slveA
Tho BOARD shall elect from their hunip.,
prssident and may likewise elect bu,
not necessarily from their NUMBER, one VI
mora Vice Presidents, Secretary, Ireas
urer and such other officers as the! mo-
think proper or convenient Tor the CARY
inc or, OF the company's business anu
han have mower to unite two or more
ofRces and the same to CONFER upvn o.e
nerson or to dispense with any ouNe an
The discretion of the Directors, ana 10 IN
the salary Of all officers, agents, anu anu, en- he
niovees. The Board Of Directors snail Oe
Elected annually on the first legal gay
NJ december of each year, the nrst eiec
tion TO be held in the year lszo Al
sucb elections shall be by ballot a. tn'
Office of the corporation: No.lcs ,o, ~ rnee a'
ANIMAL meeting, as well as OF speciai meet
ings Of stockholders, shall be given Dy
written notice mailed at least nfteen llo)
days in advance of the date of such meet
ing TO each stakeholder appearing as sucn
on the books Of the company, at ms ias'
designated address, or at the Generai De
livery at New Orleans, IL he has not desig
mated an address.
zach shareholder shall be entitled to one
vote for each share of stock standing III
his name on the books or the company
said vote to be cast in person or by proxy
and a majority of the votes cast shai
elect. The Board Of Directors shall nave
the power to fill all vacancies which may
occur or in any manner arise or %
created on the Board of. Directors, ever
though no quorum remain at the time sucf
vacancies are to be filed. Failure TO cleo
Directors on the day above specified shall
not dissolve the corporation. but the Di
rectors then in office shall remain in OFFICE
until their successors are elected and In
stalled. The Board Of Directors shall have
mower TO make and establish, as well al
alter and amend all bylaws, rules and
regulations necessary and proper for thu
and business of the corporation and mo-
incon sistent with its charter. The Boart
shall have power by a majority vote o.
all the Directors, without referring to thu
shareholders, to borrow money, execute
mortgages. issue notes, pledges, bonds OF
other obligations. In such amounts and
on such terms as In their judgment ma,
he advantageous. and generally to do al
things reasonable and necessary or con
venient for the proper carrying on OF tn,
business Of the corporation; and they arr
especially authorized to issue and delive
full paid shares of stocks and bonds o.
other obligations of the company in pay
ment of property secured by said corpora
ton. Twot2) Directors shall constitute
quorum for the transaction Of business
At any meeting Of the Board of Directors
any Director absent from the meeting ma.