The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-08
CHARTER OF HAYDEL TRANSITIONAL
TION COMPANY, INC.

State Of Louisiana. Parish of Orleans. Be
il known, That on this twenty-fourth day
of February. nineteen hundred and twenty,
before me. Joseph Lautenschlaeger, No
tary Public in and for the Parish of Or
leans. State of Louisiana. duly commits
stoned and qualified. personally came and
appeared the several persons whose names
are hereinafter subscribed, all of full age
of majority residing in this parish, who
declared that, availing themselves of the
laws of this State relative to the organlZa-
ion of corporations, more particularly Act
267 of 1914, they do hereby covenant and
agree to form themselves into corpora
ton for the objects and purposes and I'M
der the following stipulations. to-wit:
ARTICLE 1.-The name and title of this
corporation shall he the "Haydel Trans
pOrtatiOn Company, Inc" Ii shall enjoy
corporate existence for term of W years
from date hereof, unless sooner dissolved.
II shall have. enjoy and exercise all rights,
powers and privileges now granted by
law. or hereafter granted. to corporations
of this character, especially the rlght 10
hold, receive, purchase, ALLEVIATE. sell. mort
gage pledge rent or lease property, real
personal and mixed. and in fact anything
permitted by the law necessary and con-
venient for carrying out the objects and
purposes of this corporation.
! ARTICLE 1.-THE dOmicile of this cor
poration shall be in the City of New Or
leans Louisiana. where all citations, or
! other legal process. shall be served on the
| President. and in his absence, on the
Secretary Treasurer.
ARTICLE III.-The objects and pur-
poses of this corporation are hereby de-
clared to be: General drayage; storage;
hiring; hauling; transportation, and, in
| fact. everything connected with or Incl
dental to that line of business, and the
| acquisition of the business OF the "Haydel
! Transfer Co."
| ARTICLE IV.-The capital stock of this
| corporation is hereby fixed at the sum OF
thirty-five thousand dollars. divided into
| fourteen hundred shares, of the par value
| of twenty-five dollars per share, to be is
| sued in the manner and for the cOnsidera-
| ton prescribed by law. All shares to be
full paid and non -asSeSsable. The CAPT
tai stock navy he increased when found
necessary by a vote of two-thirds OF all
the capital stock. at meeting called for
that purpose. The stock subscribed 10
herein by Geo. Il. Haydel and Walter Il
| McKinStry up to the sum OF S633s.SO each
has been paid for by the transfer by them
of the business known as "Haydel Trans
fer Co." to the present corporation, in
Guiding 3 White trucks, tons each; ac
icesSOries, equipment, etc, and GOOD VII
valued at $4,000, the whole as is more fully
set forth in detail on the itemized list anC
statement attached hereto and made par
hereof
| ARTICLE VAN the corporate powers
of this corporation shall be vested in ant
exercised by a Board of Directors, to b.
majority of whom shall constitute
quorum. The following named stockhold
ers shall constitute the first Board of Di
| rectors. viz: Walter II. Mckinstry, Georg
E. Haydel and Octave l.. ALBERT, all re
siding in New Orleans, La, with the salt
Walter T. McKinstry as President, Octav
L. Aubert as Vice President. and Georg
B. Haydel as Secretary Treasurer, ant
they shall hold their Office until the frs
Monday of March. 1921, or until their sue
cessors are elected and qualified, on whicl
day the election shall take place, or a
soon thereafter as possible. All stock
holders meetings. including the annua
meeting for the election of officers an
directors, shall be preceded by writer
notice. delivered personally or mailed Z
the last known address of the stockhold
, err fifteen days before such meeting; tn
stockholders, however, shall always hav
| the right to waive such notice. If an
vacancy occurs on the Board of Director
the stockholders shall ZANE or elect a sue
cessor to fill the vacancy until the mex
general election, The election Of director
: shall be by ballot, and each stockholde
shall be entitled to one vote, in person o
Iby proxy, for each share of stock owne
by him.
ARTICLE VINO stakeholder Of thi
. corporation shall have the right to sell o
pledge his stock. without first oferin
. same to the stockholders, through the off
] GERS of this corporation, upon allowin
. said stockholders ten days to purchas
( same, mt book value, or receive same
: pledge as may be desired by the owner q
. said stock, and no transfer of stock sha
lbe binding upon this corporation unles
actually made on the books Of the corpol
e alton. in the manner required by law.
. ARTICLE vII-The charter Of this col
: poration may be modified, altered q
b amended, or the corporation may be dii