The herald. [volume] (New Orleans, La.) 1905-1953, 1920-05-06
CHARTER.
or JAS. W. MARTIN 4 CO.,

ouiSiana. laElSu u 'lHihS'
sat-, New orleans; bt ~ 1t N STH in the
Gr,hSis thirty -firstt un nine hundred and
s.sr one o me william Waller Young,
eSuty, beIouhlir i'm and for the Parish oil
Notary S,ete of Louisiana duiy C CON-
dreams and qualified, ana IN Ihe p IesII
ulssoeset The witnesses h"relll3il,er lam. am
"A unders rsons whose names are mere
JARED the,R;bed. all above the age OF ma
40 subscr DDoTeralIv declared that, avail
s.dty. VINO of The laws of the State
i,e tbemsos particularly Act 26' oil l9i4'
q loui',o the organization vi wi pUrn
rIatye " do by these presents; agree
,ans they ms solves, rs well as such other
nd bind th, ,,av hereafter become assOci-
ssrsons as IL, M 10 form and constitute
led with tn sor the objects and purposes
Corporsl1oorr The articles ana stlPulatlohs
f'ivnrICLE 1.-The name ana 'i,,e ~
ARIi,Inoration shall be Jas. w MARTIN
o; Co. Inc and Ind isp i fights " advantages
nye and,, III granted by law 10 cor
md prNbnd shall exist for the full term
prsheI.od of ninety nine years from TINS
I'D peri0u VI
drr,cIE u-This corporation shall be
ARiN an the City Of New Orleans,
iOnlcl,ns and the President; aud' III ms
lossse the Secretary, are usSIE na'eu a.
ibsp,,N.ers upon whom CITATION OF olher
he onrocess can be served.
hssi UI-The objects and pur-
ARIlSt ,his corporation and the nature
poses ohnsiness to be carried on by II
u ine bv declared to be 10 carry on
Se Der nercbandise brokerage business
fepernahsse acquire and hold, exchange,
N and in any manner dispose Oh or
DIAL ID Commission or otherwise, sugar,
sD onS,se and commodities of any kind
percnAna agent. broker or factor in said
as ,ions for any person, Trims or cor
t1nss.as. with the right and power TO do
PorsnJ all things necessarily connected
=, In any manner lncluthtai or COM
tin y, 10 the merchandise brokerage
buiness- ,i,o, s,o.I n, tbis
Akli,,an Ia hereby fixed al the sum of
ofpo,asand CslOOO0.O0D dollars. to be
kh ~ jnto and represented by one hun
el,I I iioOl shares in the sum of one nun
GrS 'xih0OOl dollars each; said STOCK
es en he paid for when and IN such IN
saLnh.srts as directed by the Board OF
s aLs, The capital stock of this cor
Hre.,o, NAV be Increased 10 the sum of
rl. tS i've thousand 1885,, 100000 dollars.
,prIrI,E y.-AIl the corporate powers
~. eornoration shall he exercised by
pos,d Of Directors, consisting of three
iIoShoIders, two Of whom shall consti-
~. quorum for the transaction Of bust
Wv nireeters may vote in person or by
ps The first Board of Directors of
Ni'.o,noration shall be elected AT the
a als, s,nrkholders' meeting and annually
Imn...fter as herein set forth. and shalt
IA office until their successors are re-
ss".riyely chosen and qualified. The
100 az directors shall. at its first meet
~ slect from among its members Pres
-, ! vice President and Secretary,
" sbaI hold office during the term of
~ Roard making such election. and in
SO of vacancy In any of the said posi-
~, the same shall be filled by election
~ ths Board Of Directors. The annual
S.stIug Of stockholders for the election
4 Mreetors shall be held on the third
thursday in April of each year. unless
s'H day be a legal holiday, and then on
M NEXT bank day thereafter. Any va
'1scJ occurring among the Directors, by
j,sth, resignation or otherwise. shall be
ind BY election for the uneXpired term
~ The remaining Directors. Each sub
sfIber hereto sets after his name his
ootoffce address and a statement of the
umber of shares of stock which he
,rps 10 take In the corporation. At all
,sstiops every stakeholder shall he en-
ftIpd 10 one vote for each share of stock
r,nding In his name on the books of
he corporation, to be cast in person or
by his written proxy. A majority of the
votes cast shall elect.
ARTICLE Win the event of the liqui-
dstion or dissolution of this corporation.
he stockholders shall elect three liquida-
tors from among their number at a meet
hg convened for that purpose. after fiji
ten days written notice sent to each
askholder by mail to his last known ad-
dress Said liQuilatOrs shall have the
sutAorty TO wind up the business and
iffslrs Of this corporation. In case of the
Death Of a liquidator, the survivors shall
ppcint stakeholder as successor to
ARTICLE vII-This charter may be
modified, changed or altered, or said cor
porstion may be dissolved. with the as
snt Of stockholders owning twO-thirds of
he entire capital stock, at a general meet
lg Of the stockholders convened for that
purpose, after fifteen (l5) days written
notice shall have been given to each stock
holder mailed to him at his last known
MtnsS
ARTICLE yIII.-No subscriber for
sock shall ever be held liable for the
nutracts, faults or debts of said corpora
ea In any further sum than the unpaid
elance, II any, due the corporation on
De stock for which he has subscribed
%, shall any stakeholder ever he held
aok for such contracts. faults or debts
any further sum than the unpaid bal
,nce, II any, due on the stock owned by
I'm nor shall any mere infOrmality in
sanitation have the effect of rendering
Ns charter null. or rendering any sub
n1oet or stakeholder liable beyond the
sapnd amount, II any, remaining due on
MTiCLE X.-This corporation is or
aaned under the laws of the State of
LOUISIANA ~, and especially Act No. 267 of
~ and the subscribers thereto. for
senselves and said corporation. and for
omcefs directors and stockholders. |
Ntoy accept as part OF this charter and
eehditlons OF this corporation, all the
Ehh powers, privileges and immunities
.s'ted 70 corporations and granted to
ny conferred upon officers, directors and
SAhoaers OF corporations by said laws
nv ald act; such acceptance being rs
s, a complete and binding as IL said |
a powers, privileges and immunities |
nent ~ iuii iens'h III tals ihs'ru-
AZ. aus done and passed in my notarial
al IN the City of New Orleans afore- |
,,S me presence Of Joseph NJ. Rault |
q .. sse,s Z. Jung, competent witnesses
VA age, and residing in this .ity, |
,.,s.. aereunto subscribe their names, TO-
upnon hereof. '" :" '"e
original signed)
wines a.es OF subscribers omittedl
s..,ases: Jos. NJ. Rault, l.. f.. Jung.
~ w. W. YOUNG, Not Pub.
ns,, Undersigned, Recorder of Mort |
h,,s AZ ana Tor the Parish Of Orleans, |
a. .Aa Louisiana, do hereby certify that |
h, ' % and foregoing act Of incorpora-
Ak A., Jas W. Martin & Co.. Inc. was |
Ast dgiy recorded in my office. in |
NO Nv Orleans, La. April 1st 1920.
tue eonf EMILE J. LEONARD, by. II.
~al w W vor->-c ~