The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-31
CHARTER OF BOULET TRANSPORTA.
TON COMPANY, INCORPORATED.

United States Of America. State Of Lou
isiana, Parish of Orleans. City of New or.
leans. Be ii known. That on this third
day of the month of March, in the year of
our Lord, one thousand nine hundred and
twenty one, and of the Independence of the
United States of America, the one hun
dred and fOryt-fifth, before me Scott L;
Beer. notary public, duly commissioned
and qualified in and for the Parish OF
Orleans, State of Louisiana, aforesaid.
therein resident. and in the presence of the
witnesses hereinafter named and under
signed, personally came and appeared the
persons whose names are hereunto sub
scribed. who declared that availfng them
selves of the provisions of the laws Of the
State of Louisiana, and particularly of Act
No. 267 Of the General Assembly of the
State of Louisiana for the year 1914, they
have cOyenanted and agreed, and do by
these presents, covenant and agree, bind.
form and constitute themselves, as well
as such other persons as may hereafter
join or become associated with them into
corporation and body polite in law, for
the objects and purposes and under the
agreements and stipulations following to-
wit:
ARTICLE 1.-The name and style of this
corporation shall be the BOulet TranspOr-
tation Company. incorporated, and under
that name il shall have and enjoy all of the
rights, advantages, and privileges granted
by law TO corporations; ii shall exist for
a period of ninety-nine years from the
date hereof; ii shall have power and au-
thOrity to sue and be sued in its cor
pOrate name; TO make and use a corporate
seal and the same to break or alter at
pleasure; to hold, receive, purchase con-
vey. mortgage and hypOthecate property.
real, personal and mixed; TO issue bonds
notes and other obligations; to have and
employ such managers, officers, directors
and other employees or agents as the IN
tereSt and convenience of the corporation
RI 10
establish such bylaws, rules and regula-
tionS for the corporate management and
control of its business and affairs as may
be deemed necessary and expedient.
ARTICLE 1.-THE domicile of the said
corporation shall be in the City of New
Orleans. State of Louisiana, but il may
establish and maintain Offices and agencies
throughout the United States of America,
and foreign countries. All citations and
other legal process shall be served on the
president and in his absence on the vice.
president of the said corporation. In the
absence of the president and vice-pr
dent, then said process shall be served on
the. secretary of the said corporation.
ARTICLE III-The objects and pur.
poses for which this corporation is or
ganized and the nature of the business TO
be carried on by ii are hereby declared
to be; To transfer, carry. convey, haul
and deliver, goods, merchandise and prop-
erty. and to maintain a general hauling
transfer and drayage business. To acquire
by purchase or otherwise the stocks and
bonds OF other corporations engaged in a
similar line of business, and to sell con-
yey and transfer same at pleasure: and TO
DO and engage in any other business, I'M
dertaking or enterprise connected with
growing out of, incidental or germane to
any Of the objects and purposes herein
| above setfOrth or contemplated by this
charter. To acquire, take over own and
enjoy the stock in trade, assets good will
ana all property, rights, credits, chooses
I nd frtNW,n
appertaining to the business of the Boulet
Transfer Company. fully prescribed in the
| act of sale this day executed by Milton
Boulet INTO the goulet Transportation Com
| pany, Inc, executed before Scott T.. Beer
Notary Public of the Parish of Orleans q
duly certified copy of which is annexed "a
and Is made part of this act of incorporation
TO acquire by purchase or otherwise the
gagged in similar line of business. and Il
| sell, convey and transfer same at pleas
ure; and to do and engage in any Other
business. undertaking or enterprise con
n ne with growing out of, incidental oil
germane to any of the objects and pur
| poses hereinabOve setfOrth or cOntem
plated by this charter
ARTICLE IV.-The capital stock of thi,
corporation is hereby fixed at the sum o.
Ten thousand dollars. divided into on,
| hundred shares of the par value of on,
hundred dollars each, which shall be paiC
| Tor In cash. or may be issued at not les,
than par for property purchased by o.
services rendered to the corporation.
The capital stock of this corporation
may ne increased or decreased by com
pliance with the laws of the State Of Lon
isiana, governing the same
| All shares Of stock shall be full paid an,
| worcestershire. No transfer of stock shall
De binding upon the corporation unles
MADE upon its books and all certificates q
stock shall be signed by such officers n
may be designated by the Board of Direc
tors.
No stockholder shall sell or in any man
| ner dispose of his stock in this corpora
ton without having first offered the sam
TO the corporation in writing through il
Board OF Directors, and the said Board q
~ shall have the right and optic
10 purchase the stock so offered With
thirty days, at the book value as establish
ed by the last inventory
ARTICLE Vail the corporate power
OF TINS company shall be vested in an
lhe management and control of its bus
hess and affairs shall be exercised by
board or Directors composed of thre
stockholders, which number may be ir
creased to not more than five, at the a
rection Of the Board of Directors. A ms
Jorlty OF the Directors shall constitute
quorum Tor the transaction of an bushes.
Inc directors shall be elected annually b
ballot OF the stockholders on the frs
thursday In March of each year. A
eieetions shall be held under such rule
1
the Board of Directors, but after at Ieas
hiteen days notice thereof shall have bee
gwen to each stakeholder, by notice Their,
OF delivered personally to each stockhoId
er; or by depositing in the postoffice pror
cry addressed, a notice to each stool
holder. The directors thus elected sha
continue in Office for one year or mt
their successors have been duly elected an
Iualned. All stockholders shall he or
Titled, In person or by written proxy.
one vote on each share of stock owned n
MN and standing in his name on III
books OF the corporation. No failure
hold an election shall be regarded as
, forfeiture Of this charter. Any vacancy q,
curing on said Board Of Directors sha
De hlled by the remaining directors 10
| the unexpired term. Said Board ~ m
rectors shall likewise elect the addition,
member or members in case thew shouj
9etermlne TO Increase the number OF m
BOARD as hereinabove provided. Sal
: board OF Directors SHALL at its first NEE,
ing, elect from among its number. q nres
dent' one or more vice presidents, ger
eIaI manager, a secretary and treasure
may combine any two or more of sal
ounces into one and may even elect a Sc,
letary VINO is not stakeholder or d
rector: Said Board of Directors sbs
have the right and power to apnoint an
= dismiss such clerks or other empIovees
the corporation, including the secretar
VINO rs not stakeholder or director !
conditions may justify or the business !,
tne corporation shall require The tern
OF once OF all employees of the CORPORATE
E shall be during the pleasure of the Boa,
: Of Directors. 'Ae Doai
| ARTICLE VINO stakeholder shall on,
De neId liable or responsible for the %,