The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-15
CHARTER.

laws of the State of Louisiana and espe-
cially of the laws relative to the 0rganiza-
ton of corporations and Of all OF the
provisions of Act 267 of the General As.
sembly of 1914, they have convenanted
aud agreed and do by these presents cove
nant and agree and bind themselves as
well as all such other persons, who may
hereinafter become associated with them,
| to form a corporation for the objects ana
purposes and under the articles, agree
| ments and stipulations following to-wlt
! ARTICLE 1.-The name and style OF
| this corporation shall be the "ENpOrt
| Paper Products Company of New Orleans
| Incorporated" and by that name it shall
have power and authority to exist ana
enjoy succession for the full term and
/ period of ninety nine years, commencing
| on and TO be computed from and after
| the date and day hereof.
/ ARTICLE 1.-THE dOmicile of this cor
poratiOn shall be in the City of New Or
| leans State of Louisiana. All citations
and other legal process shall be served
upon the President of said corporation, or
| in case of his absence or inability to act,
upon the Nice-Presiden', or in case OF the
| absence or inability of both the Presi-
! dent and Vice President to act, then upon
the Secretary of this corporation.
| The President shall be the executive of
ficer of the corporation; he shall preside
| at all meetings of the Board OF Directors
and stockholders.
| ARTICLE II-The objects and pur-
poses for which this corporation is es-
tablished and the nature OF the business
| To be carried on by it are declared and
| manufacture and deal in paper products
of every kind and description, and con
tanners, cartoons and receptacleS OF every
kind, size. material and description; TO
| handle cOnsignmeDts for, accounts OF, and
act as agent tor any and all persons, com
panies or corporations; 10 buy, sell, manu-
| facture and deal in all such materials as
may be used and necessary III the saie'
| ND nf
| ucts and of reCcptacleS. cartoons and con
| tainers; TO erect construct, build, Duy'
| acquire own, rent, lease and sell such
| buildings and factories as may be neces-
| sary or required in the manufacturing,
buying selling and dealing in paper prod
uctS. containers, receptacleS and cartoons
and materials necessary in the manufacture
| thereof and generally 10 do ana perform
| such other business as may be necessary
| for the carrying on of the affairs OF TINS
| corporation and the carrying into effect
| and accomplishing the objects and pur-
| poses for which this corporation Is or
| ganized and which are incidental or in
| anywise connected or appertaining there
| with.
ARTICLE IV.-This corporation may
| sue and be sued in its corporate name :
hold, have, receive, purchase, convey, SELL
mortgage, hypOthecate, pledge, lease ano
| sub lease, and enjoy real, personal ana
mixed property; also borrow and lena
| money and make contracts receive grants
of land, or personal property, and make
| and use a corporate seal the same TO alter
| and break at pleasure; name and appoint
| such managers, directors, officers, clerks
| and agents, as the interest and convenience
| of said corporation may require; make
| and establish such by laws rules and
| regulations for the proper management
| and regulation of the affairs of said cor
| pOration as may be necessary, and the
| same to alter and change at pleasure, and
| shall possess all the rights, powers ana
| mr. iyila fn
| may be by any general law or laws OF
| this State authorized and entitled to
| possess. Said corporation may exercise
| its corporate powers within any other
| State or Territory in the United States
or foreign country that shall permit the
| same.
ARTICLE y.-The capital stock of this
| corporation is hereby fixed at the sum OF
| twenty thousand and 90 400 ($20,O 000O)
dollars, represented by two hundred (2O0)
| shares of one hundred and 90 400 (S100OO)
| dollars each. All stock subscribed for
| shall be payable in cash at the time the
| certificates thereof are issued or the same
| may be issued at not less than par for
property actually received by said cor
poration. The said corporation shall COM
| mence business when twenty thousand and
| 90 400 $20,000.O0) dollars worth of stock
shall have been subscribed for and paid.
| All transfers of stock shall be made on the
/ books of said corporation by surrender
| of the certificate thereof to the presiding
/ O1tlCer, VINO snail write the worn
| celled" promptly across the face thereof
| and erase the Presidents signature there
| from before issuing a new certificate.
| Said capital stock may be increased in
the manner provided for by the laws OF
| this State. Whenever an increase of said
capital stock shall have been authorized,
fifteen days written notice shall be given
to each stakeholder within which time
persons holding stock in this corporation
| shall have the right to subscribe for saio
increase of stock in proportion to the
number of shares of stock held by them,
and which additional shares shall be
paid for at such times and in such man.
ner, as the Board of Directors may di-
rect.
After the expiration of the said time for
| subscription and payment the Board OF
Directors may dispose of the shares not
taken, for the benefit of the company in
such manner as they may think proper
at not less than par value.
ARTICLE VI.-At all elections by OF
meetings of the stockholders each share
of stock shall be entitled to one vote to
be cast either by the person in whose
name the stock appears on the books OF
this corporation at the time of the vot-
ing or by his agent or proxy duly au-
thorized in writing to that effect.
| ARTICLE VII.-The business and affairs
and corporate powers of this corporation
| shall be transacted by a Board of not
more than five Directors nor less than
| three, to be composed of stockholders
Il
be elected at a meeting to be held for
that purpose.
Jules Henry WE'LL, Casa Grande Apart
ments, New Orleans, La; Henry Levi,
Octavia Apartments, New Orleans, La.
| Solomon Levi, Octavia Apartments, New
| Orleans La, shall constitute the first
| Board of Directors and shall hold office
| until the first Tuesday after the second
Monday In January, 1921, or until their
successors are elected and qualified. each
subsequent board shall take their seats
Immediately following their election or as
soon thereafter as practicable and shall
hold their office, until their successors
shall have been elected and qualified. The
Directors hereinabove named shall select
their own officers.
The officers elected and designated to
serve until the first Tuesday after the
second Monday in January, 1921, or until
their successors shall be elected are as
follows, to-wit:
Jules Henry WE'LL, president, Solomon
Levi, vice president and Henry Levi, sec
rotary and treasurer.
On the first Tuesday after the second
Monday in January, 1921, and annually
thereafter an election for directors, by
the stockholders shall be held at the Of
flee of the corporation, after fifteen (15)
days no,ice thereof shall have been given
In person or by depositing the same in
the Post Office, properly addressed to the
last known address of the stakeholder of
said meeting. Every Board of Directors
shall at its first meeting after fits cleo
ton, or as soon thereafter as practicable,
elect from their own number a President
and n first President.
The said Board of Directors shall also
elect a Secretary and Treasurer, who
mn fhA oafA nffl e.,