The herald. [volume] (New Orleans, La.) 1905-1953, 1920-12-16
CHARTER OF THE INTERNATION
WAREHOUSE co. INC.

ON TINS twelfth day of NONembcr III IN,
year one thousand nine hundred and
twenty before me. William Waller Young
a notary public, 'aud for the Parish Oi
Orleans. State Of Louisiana, duly commits
stoned and qualified. and in the presence
of the witnesses hereinafter named and
undersigned, personally came and appeared
the several persons whose names are here
unto subscribed, all above the full age OF
majority, who Seyerally declared. that
availing themselves of the laws Of an,
State Of Louisiana. and especially tn" laws
relative to the organization of corpora
tons, they have cOyenantcd and agreed "a
blud, form and constitute themselves, a
we'll as ali such other persons as may here
after join or become associated with them
into corporation and body polite i'll law
Tor the Objects and purposes and under thc
articles. agreements and stipulatiOnS FOL
lowing. tO-Wit:
ARTICLE The name. style and title
Of this corporation shall be International
Naroh OuSc Go. Inc. ana under that name
il shall have and enjoy all tn" rights adj
vantag"S and privileges granted by law
10 corporations, and shall exist for IN.
fun term AMI period of ninety mine years
from TINS day. 1t shall have power 70
contract. sue and be sued, To make ana
H." corporate Seal. and the same To
alter and break NJ pleasure, to hold. re
cclNc. lease. purchase, sell and convey. as
well as mortgage. hyputheratr and plrdG"
prOpcTtE, real, personal and mixed. cor
porcal and iuCorpOrcal; to name and ap-
point such managers. directors. officers.
''-'.htN anu Nli'I tAAlIlgA t''S as us III
icrcst and convenience may require, and To
make and establish. as well as alter and
amend, from time to time. such bylaws.
rules and regulations rs may be- necessary
and eNpcdicut for the proper management
and government of the affairs of this cor
poration.
ARTICLE 1.-THE domicile of this cor
pOration is hereby fixed in the City of
New Orleans, State of Louisiana, and all
citations or other legal process shall be
served the President of said
poration, or, in his absence, upon its Sec
rotary.
ARTICLE III.-The objects and pur-
poses of this corporation, and the nature
of the business TO be carried on by 1t are
hereby declared to be TO do a general
business, and all the bust
ness necessarily or implicitly incidental
thereto. and TO that end to purchase,
lease. suitcase, own and operate ware
houses: To carry on the business of public
to issue warehouse re
ceiptS, negotiable or nOn-negotiable, and
TO do any and all things Complementary or
incidental to a general warehOusing bust
ness.
ARTICLE IV.-The capital stock of this
is hereby fixed AT the sum of
five thousand dollars t$J.OOOOOl, divided
into and represented by fifty (5O) shares
Of the par value of one hundred $4,000
dollars each; said stock shall be paid for
when and in such installments as directed
by the Board Of Directors. The capital
stock of this corporation may be increased
to the sum Of one hundred thousand (SlOO,-
DOO.OOl dollars.
ARTICLE V.-Au the corporate powers
Of this corporation shall be exercised by
a Board of Directors consisting of not
less than three nor more than five stock
holders "A majority of whom, either pres
ant in person or represented by proxy held
by another Director. shall constitute a
quorum for the transaction Of all business.
The Board of Directors shall elect an
nually from their number a President, a
Vice President and a Secretary and Treas
lrer. The Board of Directors may join
he Offices of Secretary and Treasurer and
nay elect one person to hold both Offices.
pr may elect a person who is not a stock
holder for the office of Secretary. The
irst Board of Directors shall consist of
hree stockholders. and shall be composed
# Delfn Villa. Christine MaSia and Charles
daduell. with the said Delin Villa aS
resident, Christine MaSia as Nice-PreSi- |
lent. and Charles Maduell as Secretary
Treasurer.
The Post Office addresses of said hi |
ectors are as follows: Delhn Villa, 1928
'rytania Street, New orleans, La: Chris |
inc Masia, 1928 Prytania Street, New or |
cans, La. and Charles Maduell. 14JJ |
iOrth Claiborne Avenue. New Orleans, La. |
These Directors shall serve until the !
bird Friday of November, 1921. or I'M |
il their successors have been duly elected |
nd qualified. The annual meeting of |
for the election of Directors |
hall be held on the third Friday of No
tHlDtT Oh tdCn year. unless sdlu Gay De |
legal holiday, and then on the next
ank day thereafter. Any vacancy Oc-
urring among the Directors by death.
eSignation or otherwise, shall be filled by |
lection for the uneXpired term by the re-
naming directors. Each subscriber here
D sets after his name his post-ofice ad-
ress and statement of the number of
hares Of stock which he agrees to take
4 the corporation. At all elections every
tockhOldcr shall be entitled to one vote
DR. each share of stock standing in his
anne on the books of the corporation. TO
g cast either in person or by his written
roxy. y majority of the votes cast shall
ect.
ARTICLE Win the event of the liqut-
alton or dissolution of this corporation.
nc stockholders shall elect three liqui-
ators from among their number at a
leeting convened for that purpose, after
fteen 90 days written notice sent to
lch stakeholder by mail TO his last known
ddreSS; said liquidatorS shall have the !
uthOrity to wind up the business and
Hairs OF this corporation. In case of the
cath OF a liquidator, the survivors shall
ARTICLE VII.-This charter may me
lodifed, changed or altered, or said cor
grafton may be dissolved. with the assent
stockholders owning two-thirds of the
ntlre capital stock, at n general meeting |
the stockholders convened for that pur-
Ose, after fifteen (15) days written notice
hall have been given to each stockhold-
:, mailed TO him at his last known adj
ARTICLE VIII-No subscriber for stock
hall ever be held liable for the contracts,
IultS or debts of said corporation in any |
lrther sum than the unpaid balance, If
ny, due the corporation on the stock for
hich he has subscribed; nor shall any
ockholders ever be held liable for such
'ntracts. faults or debts in any further
I'm than the unpaid balance, if any, due
4 the stock owned by him; nor shall any
ere lnformality in organization have the
fect of rendering this charter null. or
'ndertng any subscriber or stakeholder
able beyond the unpaid amount, If any.
due on his stock.
ARTICLE IX.-This corporation ia Or
lnlZed under the laws of the State of
IA. and the subscribers hereto, for them.
Ives and said corporation, and for its
ncerS, directors and stockholders hereby ,
cept, as part of this charter and as con-
tons OF this corporation. all the rights !
'wers, privileges and immunities granted ,,
corporations, and granted to and con- :
FRED upon officers, directors and stock !
,lders of corporations by said laws and :
Id act; said acceptance being as full ,
mplete and binding as IL said rights
,Wers, privileges and immunities were
{ forth at full length in this instrument. {
i nus done and passed in my Notarial 7
nee, IN the City of New Orleans, afore- $
~, IN the presence of George, II. Terri
Try, and Thomas Joseph Dobbins com
tent witnesses of lawful age. and re.
ing In this city, who hereunto subscribe v
eir names, together with said parties !.
q me, Notary, on the day and date set I
rth in the caption hereof. O
ORIGINAL SIGNED: iV
!SaInes OF subscribers and number Of a
'bbins. o. ?