The herald. [volume] (New Orleans, La.) 1905-1953, 1920-11-18
CHARTER OF THE INTERNATIONAL
WAREHOUSE co. INC.

! City of New Orleans. Br it known, that
| on this twelfth day of November, in the
| year one thousand nine hundred and
| twenty; before me. William Waller Young,
| a notary public. in and for the Parish OF
! 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 StyerulIy declared. that
| aVailiuC thcmselyc of the laws of the
| State of Louisiana, and especially tn" laws
| relative to the organization of corpora
| lions, they have COyenanted and agreed 10
| bind, form and constitute themselves, a.
| well as ali such other persons rs may here
| after join or become associated with them.
| into a corporation and body polite in law.
for the objects and purposes and under the
| articles, agreements and stipulatiOns fol-
lowing. tO-wit:
| ARTICLE 1.-The name. style and title
of this corporation shall be International
| Warehouse co. Inc. and under that name
| il shall have and enjoy all the rights, ad-
vautageS and privileges granted by law
to corporations, and shall exist for the
fun term and period of ninety -nine years
from this day. IL shall have power 10
contract, sue and be sued; to make and
use corporate seal. and the same to
alter and break at pleasure; to hold, re-
ceive. lease, purchase, sell and convey, as
well as mortgage. hypOtheCate and pledge
property, real, personal and mixed. cor
pOreal and inCorpOreal; TO name and APP
point such managers, directors, officers
agents and other employees as its in
terest and convenience may require. and To
make and establish. as well alter and
amend, from time to time, such bylaws.
rules and regulations as may be necessary
and eNpedient 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
hall
served upon the President of said cor
pOratiOn, or, In his absence, upon its Sec
rotary.
poses of this corporation, and the nature
of the business TO be carried on by il are
hereby declared to be to do general
warehousing 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
warehouseman; to issue warehou51 re,
ceiptS, negotiable or non negotiable, and
TO do any and all things complementary or
incidental to general warehousing bust
ness.
corporation is hereby fixed at the sum of
five thousand dollars (S5.OO0.OOl. divided
into and represented by fifty 600 shares
of the par value of one hundred (S1OO.OO)
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 $780,
OO00O) dollars.
ARTICLE y.-An the corporate powers
of this corporation shall be exercised by
a Board of Directors consisting of not
less than three nor more than i've stock
holders. a majority of whom, either pres
ent in person or represented by proxy held
by another Director, shall constitute
quorum for the transaction of all business.
The Board of Directors shall elect an
liz. fro fhafr nhar a
Vice President and a Secretary and Treas
urer. The Board of Directors may join
the offices of Secretary and Treasurer and
may elect one person to hold both Offices
or may elect person who is not a stock
holder for the Office of Secretary. The
first Board of Directors shall consist of
three stockholders. and shall be composed
of Delin Villa. Christine Masia and Charles
Maduell. with the said Delin Villa as
President, Christine Masia VicePresi-
dent, and Charles Maduell as Secretary
Treasurer.
The Post Office addresses of said hi
rectors are as follows: Delfin Villa, 1928
Prytania Street, New Orleans, La; Chris
tino Masia, 1928 Prytania Street; New or:
leans, La, and Charles MadueH, 1i5J
North Claiborne Avenue. New Orleans, La.
These Directors shall serve until the
third Friday of November. 1921, or I'M
til their successors have been duly elected
and qualified. The annual meeting OF
stockholders for the election of Directors
shall be held on the third Friday of No
Vember OF each year, unless said day be
legal holiday, and then on the next
bank day thereafter. Any vacancy Oc-
curing among the Directors by death,
resignation or otherwise shall be filed by
election for the unexpired term by the re-
manning directors. Each subscriber here
to setSRfter his name his pOst-office ad-
dress and a statement of the number of
shares of stock which he agrees to take
IN the corporation. At all elections every
stakeholder shall be entitled to one vote
for each share of stock standing in his
name on the books of the corporation to
be cast either in person or by his written
proxy. majority of the votes cast shall
elect
ARTICLE Win the event of the Iiqui-
datiOn or dissolution of this corporation
the stockholders shall elect three liqui-
GATORS from among their number at
meeting convened for that purpose, after
hfteen (15) days written notice sent to
each stakeholder by mail to his last known
address; said liquidators shall have the
authority to wind up the business and
analrs OF this corporation. In case of the
death of a liquidatOr. the survivors shall
ARTICLE VII.-This charter NAV me
modified, changed or altered. or said cor
poration may be dissolved with the assent
OF stockholders owning twO-thirds of the
entlre capital stock, at a general meeting
or the stockholders convened for that pur.
pose. after fifteen (15) days written notice
snail have been given to each stockhoId-
er, mailed to him at his last known adj
dress.
ARTICLE VIII.-No subscriber for stock
snail ever be held liable for the contracts
faults or debts of said corporation in any
further sum than the unpaid balance IL
any, due the corDoration on the s,oeL o..