The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-17
CHARTER.
CHARTER OF J. 5. WATERMAN & CON-
PANY, INC.

United States of America, State of Lou
isiana. Parish of Orleans, City of New
Orleans. BE il known, That on this ninth
day of the month of March, in the year,
one thousand, nine hundred and twenty
one, before me, John Il. Upton. notary
public in and for this City and the Parish
of Orleans. State of Louisiana, therein re-
siding, duly commissioned and quahhed,
and In the presence Of the witnesses here
matter named and undersigned, personally
came and appeared the several persons
whose names are hereuntO subscribed, who
declared to me, Notary, that availing them
selves of the provisions of the laws OF TINS
State relative TO the organization OF cor
porations, and particularly TO Act 26I OF
1914. they have covenanted and agreed, and
ty these presents do covenant and agree
for themselves, their successors and as
signs to form themselves into a corpora
ton and body polite, for the objects and
purposes, and under the stipulatiOns here
matter set forth, tO-wit:
ARTICLE 1.-The name and title of this
corporation shall be j. 5. Waterman u
Company, Inc, and under such title il
shall have and enjoy succession and exist
ence for a period of ninety nine years from
the date hereof unless sooner dissolved !;
it shall have power and authority to con-
tract. sue and be sued to make and use a
corporate seal, the same TO alter and break
at pleasure; to have, hold, buy, sell, lease,
mortgage and hypothecate or pledge prop
erty. real, personal or mixed, necessary
proper or incidental for the carrying on Of
its business, well as to issue bonds or
notes secured by such mortgages; TO make
and issue notes and other certificates of in
debtedness; to name, elect and appoint
managers. directors, clerks and other en-
ployes to properly conduct its corporate
business; to make such bylaws. rules and
regulations a. may be necessary or found
desirable for the management of its bust
ness and affairs and, generally, TO do
every other act, matter or thing necessary
or desirable for the complete and proper
carrying out of said business. both in the
State of Louisiana, and elsewhere.
ARTICLE 1.-THE domicile of this cor
poration shall be in the City of New Or
leans, Parish of Orleans, State of Louis
lana. where all citations or other legal
process shall be served upon the Presi-
dent, or in his absence on the Vice Presi-
dent, and in the absence Of both on the
Secretary.
ARTICLE III.-The objects and pur-
purposes for which this corporation is Or
ganized and the nature of the business TO
be carried on by it are hereby declared
and stated to be: To buy, sell. deal in
general merchandise of every kind and
character, and to do a general merchandise
and brokerage business, including that of
buying and selling on a commission basis
and for itself; to do a general importing
and exporting business, both domestic and
foreign; to build. own. lease and operate
store-rooms or warehouses for the stOr-
poses: to store goods Of all kinds in such
store-rooms or warehouses for itself and
others, and to make reasonable charges
Tor services in storage of goods; to issue
to dispose of said goods for account of the
owners thereof upon their failure to COM
ply with the conditions of such storage
contract; TO make loans on goods stored
either In the store-rooms or warehouses
OF the corporation or others; to issue
notes and other securities in the purchase
OF goods; to represent others as agent or
otherwise in the same line or similar lines
OF business; TO act as manufacturers agent
and receive and sell goods on consign-
ment; to acquire and own stock in other
corporations; and, generally, TO do and
perform any and all things necessary or
purposes.
ARTICLE Iv:-The capital stock of this
corporation is hereby fixed at four hun
dred thousand (s400, 100000 dollars. divided
into -FOUR thousand $4,000 shares of the par
value of one hundred (S1OOOO) dollars
each; provided, that the amount to which
the capital stock Of this corporation NAV
be increased shall be one million dollars
shares. N''
Four thousand (4.OoO shares. or four
hundred thousand dollars $500 600 OOI of
the capital stock of this corporation must
be subscribed before the filing of the Arti-
cles OF Incorporation. The subscribed
capital stock of this corporation shall be
payable In cash, property (real or per
sonaD, GOODWILL. or for labor and sery-
ices rendered and performed.
NO stocknolder shall ever be held liable
or responsible for the faults, contracts or
debts OF this corporation in any further
sum than the unpaid balance due the cor
poration on the shares Of stock subscribed
oy MIN, nor shall any mere infOrmality in
organization have the effect of rendering
TINS charter null. or OF exposing any share
holder TO any liability whatsoever.
Thfs corporation shall not engage in
business until four thousand (40OO) shares.
or four hundred thousand (s4O0 nm O0l doi'