The herald., 1920-06-10
CHARTER.
WELLS & GUsTAFSoN'

~ me, Commissioned duu St,ta
pTxe duly me Parish OF oEie" rs nrrs-
I'D for aforesaid, anu ~ named
IOaisiaasnsa witnesses M, r,mc and ap.
~ .ndersigneu,, persons whose hHii a..
30 the seN1hscribpd who SeVeraii!
/ ySrss,eunto su,iIing themselves Ol
~ that aNa" ~ l. louisiana, relating 70
iseo a. the sta'od especially act -o' 90
sSs.,stions, anN avenanted and aSr'Fu "a
,hey have oonstitute themselves, anu
~ form an S form and cohS.ltu'1 sans
:. hereby DILL as all Such 1tm asso.
IVES, Is ,eafter join OF ,oration and
Z pay ~ them, into a ,6n objects and
.stsd VIA, I,;c in law ioI Limitations fol.
sdy ss and uh"e'
Tins,rTEI.-The na We,is & Gustafson,
AsratiOp snad corporate name II s'ai,
nd by sa'u .c,ssion for u period OIL
P and ENJOY unless sooner uiSso'. -
nine yeaIsriJed by law anu by the
hss manner ~ ch,rter: and uhuer SUI
les Of tnls n shall have power "u
Ii,aorate NAM rcptract. sue ana De Su ,hc
.~hohJ " nse corporate Syaa' s,,ro. TO
!. make s,eak or alter W marriage
.ine @.;,e, purchase ,o" re,i personal
"a, rsetbecate properr a!rds notes. aud
mixed, 70 10 elect ana apPolnt
p%sr obligatlo"off Officers, directors aSen,S
~ manageIe,i as the interest," am
"a other en- ,be corporation may
Sss,snience y, "a and make ana esta"i, -
.Jre or denla" .,Ies and regulations
N bylaws arrangement ana Coh' -
~ eorPorAaa md affairs as may w n as
=, busnes and expedient; 10 atber-
A pecessssr mortgage, pieu secnritics
90. ts nose Of bonds OF Of any other
IL dispose c.nital stock OF ans Co.
shares Oh '"nrnoratiOnS whether l"l
.,oorstion W vi and to own stoch III '.!
Wy ar domes.lC, ar CORPORATIONS, ana 10
~, corporalio"
@ the sane. ,,,;ciI. OF said cor
,pTICLB IL tho city of New OF
.srstion sna Of Louisiana, but IL n" 'dnrt
,sns state VI and agencies ana cohu",
.,hHsh oiiioe other State, terrlloI! a.
,Tgness ID az the United states OF ~
SVendency , " All citations OF JIM
prign coo ss shall be- served upom tho
bal proo, In his absence, W. ~ hoth
Ps'SSessSs;dent and in the aDs rrnd mon the
We IA process shall De ST.
n s ~, and Treasurer, nm, rur.
~ r~,ctE III-The ohJrc, ,;on aus !" orga.
Ak -, which this corp"rhSr uSiness to h,
"a and the nature Oh horeby declared to
,, ..i.S o, by it are h''e"'
W. ,oreral brokerage, com
To 90 .Jing and export business
uIsiOn' Io O,, and deal in. as DrohrLH ",
70 buy, ser lids of commodities anu
,sests, an, In upOh any comm
rrties ue sosrd of trade, or stO'h
,lcbange, 60 buy, sell and deai III VI
dange. anu Al, kinds of listed ana un
Srnission, bonds and securities an,
fsed s 90 do and perform SUN 90,
enera" "a is or may ne 49,, name,
hafs,ssrauce of any oil the trortoI a.
D. nv, ar which may Dc In ronnectc,
olT,ps thereto or IN any
herewith. Di,oI stock of thi
Article lhsl he one Hundred lhou
srpOranonn oSo o0 Dollars to be diVlue'
and NfSSwSand 10000 shares OF tht y"
ITO one nns hundred (SlOO.oO Doiiaa
ulue Of shaII be payable IN CASH y
sch, whIcn od At not less than par u
. nay De labor % services actuall
pynens AZ az property actually receive
:, sV ne corporation. ,oin
"a. .o,poration shall become 81" q
Ths w., soon AS fifty (OTo) percent y
ten N,n of its capital stock mas a
ne s%d for and fifty (5OIo) pr nav
smount so subscribed nioh tb
ss a.,d In. The amount 10 - n
eta p', n,ocI Of this corporation h,aH ,,,
daIAI a. hereby fixed at one Mliiio
incfea nss,o an DollarS. No transfer
Ne's.iS no binding upon the corpor,,
STOCK snAil oode and recorded upon
ton unless maue AN"
books ,.ors of iii
Ai.,an sbaII be vested IN anu ~
eurpsssrnsnt and control OF lts d.
nanas ssn,.s shall be exercised by Soar
asu na.D.,o,s 20 be composed OF hot ~
~ nor more than seven, sharelo ,o
we. ,,S a majority present III -
An constitute a quorum LOT t t Sni
,.,iou Of all business. ANY IN, Of s,i
a.sss.a,s NAV attend any meeting oi So
directors MAJ n,,octors by written proxy a.
peaIe sny other one of the dlrector
w =, virtne Of said written ProA
n.n va ,nIly authorized to represent ga
IH., s,ractor and vote upon HI W
. aSsa, .nhnItted TO said directors meelil
H'I ~. na,ns rs fully and with the saIl
n.uS,, a. n the said absent dlre..
Ss,s present and voting In person Ut
II ..s Al said directors may iurthei n
mt any other one OF sald ,,oo Of !
7; gnsrslly proxy upon whom no,
s,ar,ors' meetings may be ser'eu.
A majority Of the Board OF pireS NJ
wtng Al any time in person Oh os n,
l. Il,
N .,.,,a. AZ adopt any bylaws Whlc
~. a. nsssed. or adopted, shall Decon
aha generation acts. The 1lrst po.
a Da,ectors shall serve until the eieS -.
!. ~ hsla IN the first Tuesday IN Ma
~ ..d an the same date and month
"A mcceeding year, except wheh u
S,y falls upon a legal holiday, then x, ap'
N next following lay day, atter ~ III,
ts,s written notice mailed TO each 81" !.
holder at his last known aduress' cS
sne shall appear on the Doors u ,r,iv
Nrstiau. and unless such notice ne WaiN
II wiring by all of the shareholders d
III M.rinr As such upon the books. n Ia
nv however. from any cause TO hoid I
,pnusI meeting of stockholders, or Ia
nv to elect directors thereat, shan =
suerate the forfeiture of this charter II
inpair the corporate management, but
directors then in office, shall serve ua
heir successors have been duly ei'v,
and qualified and installed. any Nac si,,
n tie board OF directors shall De III
~ ths remaining directors from aho
The Jckholders.
The officers of this corporation sh
kl President, a Vice-President, anu
Secretary and Treasurer. said Boaru
directors shall have the right ana pow
10 appoint and dismiss sucn ageh
elsrks and other employees as condltlC
n their Judgment may justify, or the ou
less Of the corporation may require 4
he tenure of office and employment
al mch agents, clerks and other employ
shall be during the pleasure OF the Do'
u directors.
ARTICLE vI-The first board OF CIR
tors with their Post Office addresses .
Who shall serve until the first TUESDAY
Nay, 1871. shall consist of: Charles
Wells, 1905 valmont Street, New oriea
IA; C. 4. Gustafson, Falls Bulldl
Memphis Tenn; Frank G. Brown;
orayia Street, New Orleans, La. Chai
fennsr, 500 Dryades Street, New
eans la: Alpheus e. Beane, 1858 'aie
sreet, New Orleans, La, with ire
nsres W. Wells as President, the $
IN Gustafson as yice-President ana
va Frank G. Brown as Secretary
Treasurer.
AkflCLR vII.-This act OF incorpo
uon may be changed, modified, altered
snended or this corporation may be
owed By and with the consent OF
Holders AZ tu,o Il In Mt of the &