The herald., 1920-11-04
CHARTER

/ hundred and forty fifth, before me, Kay
| mond H. Saal, notary pubic, duly com
! miSsiOned and qualified. within ana Tor the
| Parish OF Orleans, State OF LOulSlaha
| therein residing, and in the presence OIL
! the witnesses hereinafter named and un,
derSigned personally came and appeared
| the several persons whose names are here,
| unto subscribed. who Scverally declared
| that, availing themselves of the Deneht
and provisions of the Constitution OF the
! State of Louisiana and of the laws OF said
State relative to the organization OF cor
| pOratiOns. and particularly of the pro-
! visions OF Act No. 267 Of the General AS
| Srmhly of the State of Louisiana Tor IN.
year 1914, they have united TO form, ana
! they do by these presents form ana or
ganize themselves, as well as all such
other persons who may hereafter join or
become associated with them or their
Successors, into stock corporation Tor
the objects and purposes and under th'
covenants, stipuldtionS and agreements 1ol-
lowing, to-wit:
ARTICLE THE name and title Of this
corporation shall be The Cord-TeN Co,
Inc" and under and by said name. unless
sooner dissolved in accordance win the
law and this charter. II shall exist ana
continue. and shall have and enjoy cor
pOratr existence and succession for a period
of ninety nine 900 years from and after
the date of this act Ii may have, hold.
receive, borrow, lend, exchange, acquire
by grant, gift or purchase, devise or be
quest, sell. ALLEVIATE, dispose OF, convey.
Der or mortgage property of any kind.
whether real. personal or mixed, corporal
or incOrpo al. movable or immOvable, all
subject TO such limitations as may b" pre-
scribed by law. 1t may make, issue and
endorse bonds or notice and other evi-
denCe Of debt. Ii may accept mortgages,
pledges or other forms of security for
money loaned or other debts II may con
tract. sue and be sued, plead or be i'm
pleaded by its corporate name in any
court OF competent jurisdiction. II may
make adopt and use a common seal and
alter the same at pleasure. II NAV hold
stock in other corporations and its cap
ital stock may be issued for capital
stock in other corporations. 1t may name
appoint and employ such managers. di-
reitOrS. officers. agents and other en-
yenienCe may require, and may fix their
compensation. having due regard TO the
nature. character and value of their Sery-
ices. Ii may make and establish bylaws.
rules and regulations not inconsistent with
this charter or any existing law. fixing
or altering the management Of its prop
crtN, the regulation and government of its
affairs. and the manner OF the CertiIicatiOu
and registration of its stock. 1t may wind
up and dissolve itself. or be wound up and
dissolved in the manner prescribed by
law. II may conduct business in this
State other States, the Federal Districts.
nited States, and in any foreign country.
II generally shall possess all the powers.
rights. privileges and immuniteS which
corporations are and may hereafter be
authorized 10 possess under the ConSti-
tuition and laws of this State. and par
ticularly under Act No. 26I of the Acts
of the General Assembly of the State Of
Louisiana for the year 1914. And il shall
have the power to invest its board of di-
rectOrS with all OF its corporate powers.
subject to such restrictions as may be-
named in this charter.
ARTICLE 1.-THE dOmicile of this cor
III
Parish of Orleans. State of Louisiana, and
all citations or other legal process shall
be served upon its President. or in the
event of his absence. upon the Vice Presi-
dent. or in the event of the absence of both
of said officers, upon the Secretary.
ARTICLE III.-This corporation shall
have the power TO conduct its business in
all of its branches in any of the States,
Territories or possessions of the United
States as we'll a in foreign countries and
may have one or more offices outside of the
State of Louisiana.
The objects and purposes for which the
said corporation is formed and the nature
Of the business to be carried on by it are
hereby declared to be:
O To carry on the business both whole
sale and retail. or selling cordage and
textile products and all products allied
or kindred to same: TO buy. sell. manu-
facture and deal in all kinds and cOmbina-
tons of cordage and textile products, or
any products made from said cordage or
textile products, and generally. to trans
act aud carry on general business of
buying and selling of
rOrdage and textile products as well as
Of products allied or kindred to same.
t2D To purchase lands or otherwise ac-
luire lands and buildings I'm this State or |
elsewhere for the erection and establish !
ment of mandatory or manufactures |
and work shops, with suitable plant, en- |
yineS and machinery, with a view to buy
ng, selling. importing and exporting or |
otherwise dealing in. either directly or in |
directly. through the medium of agents |
Or otherwise cOrdage and textile products |
as Wei as all products of a kindred or |
allied nature, and to acquire by purchase /
'r Otherwise patents, patent rights and |
privileges, or improvements or secret pro-
'eSSes for or in any manner relating to all |
Or any OF the objects aforesaid, and to |
grant licenses for the use of or to sell or /
'therwise deal IN any patents, patent rights |
md privileges, improvements or secret pro-
'esses acquired by II, and to sell, mortgage |
ease or otherwise deal with real and per
'onal property Of the company.
go To act as the agent or representa-
i've of corporations, firms and individuals /
md as such to develop and extend the |
business interests of corporations, firms |
Ind individuals and carry on the business /
of manufacturers agent; to do
| general business as commission mer-
liant. selling agent and factor in the
manner and to the same extent as natural |
Ill manner and kinds of contracts, agree
nents and obligations by or with any per-
ION or persons, corporation or corpora
ions for the purchasing, acquiring, hold
ng, manufacturing and selling or other
wise disposing of. either as principal or
gent, upon commission or otherwise.
ordage and textile products of all kinds
md nature, as well as any other articles
II personal property whatsoever. and gen
rally in full power to perform any and
Ill acts connected Herewith or arising
herefrom or incidental thereto and any
md all acts proper or necessary for the
purposes of the business: to act as manu-
acturer's agent and purchasing agent of
ny and all persons, firms, corporations or
associations, to operate purchasing
bureau for any and all persons. firms. cor
'orations or associations; to own and op-
ge OF goods and merchandise of all kinds
nd generally to act as a storage and
reight forwarding agent; and generally to
AIRY on and undertake any business, IN
ertaking. transaction or operation COM
1only carried on or undertaken by mer-
hants, commission men, factors and manu-
acturers agents and in the course of such
usiness to draw, accept. endorse. acquire
nd sell all or any negotiable or trans
cradle instruments and credits.
az Generally TO do all and everything
ecessary, suitable, convenient or proper
Or the accomplishment Of any of the pur-
oses or OF any one of the objects herein
or incidental to the powers
erein named or which shall at any time
ppear conducive or expedient to the pro
ection or benefit of the corporation. either
s holders Of or interested in any prop
rty or otherwise, with all the powers
ow or hereafter conferred by the laws of
he state Of Louisiana upon corporations
rganized under the laws Of this State.
I'M