The herald., 1921-03-03
CHARTER OF ROSS & HEYN, INC.

CHATTER Of hOSS hEh y, I'M.
State of Louisiana, Parish of Orleans
City of New Orleans. BE it known, That
the year, one thousand, nine hundred and
twenty-one; before me. William Waller
Young. Il notary public. in and for the
Parish of Orleans, state of Louisiana, duly
and qualified. and in the
presence of the witnesses hereinafter
named and undersigned. personally came
and appeared the persons whose names are
hereunto subscribed, all above the full age
of majority, who severally declared that
awaiting themselves of the laws of the
State of Louisiana and especially the laws
relative to the organization of corporations,
they have cOvenanted and agreed to bind.
form and constitute themselves, as well as
all such other persons as may hereafter
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 Ross & Heyn,
Inc. and under that name 1t shall have
and enjoy all the rights, advantages and
privileges granted by law to corporations,
and shall exist for the full term and period
OF ninety-nine years from this day. 1t
shall have power to sue and be sued: to
make and use a corporate seal. and the
same to alter or break at pleasure; to hold,
receive. lease, purchase, sell and convey.
as well as mortgage, hypOthecate and
pledge property, real, personal and mixed,
corporal and incOrporeal: to name and ap-
point such managers, directors, officers,
agents and other employees as its inter
est may require, and to make and estab-
lish, as well as alter and amend, from
time to time, such bylaws, rules and regu-
iations as may be necessary and expedient
for the proper management and govern
ment of the affairs Of said corporation.
ARTICLE 1.-THE dOmicile of this cor
poration Is hereby fixed in the City of
New Orleans, State of Louisiana, and all
citation or other legal process shall be
served upon the president or vice-president
Of said corporation, or, In their absence,
upon Its secretary.
ARTICLE III.-The objects and pur-
poses Of this corporation and the nature
of the business to be carried on by it are
hereby declared to be to buy, own, sell,
hire, charter, control. construct build, re-
pair and alter, maintain and operate boats,
ships, barges or any other water craft
whatever. to carry and convey passengers,
goods, wares and merchandise or other
property or commodity of this corporation
or all others for profit, and to charge and
collect compensation therefor; to act as
agents and stevedores for ships and other
terers or sub-charterers thereof; to load
and unload ships or other water craft,
railroad cars, drays and other vehicles for
itself and others for profit and to charge
and collect compensation therefor; to buy.
sell, hire or transfer commodities Of all
kinds and to act as agents for the owners
OF merchandise of every description; to act
as custom brokers'; to engage in the in
surance management and insurance agency
business; with the rights and power to do
any and all things necessary or connected
with or In any manner incidental or COM
Elementary to the objects and purposes
herein set forth.
ARTICLE IV.-The capital stock of this
corporation Is hereby fixed at the sum of
forty thousand $40 000.O0) dollars, to be
divided into and represented by four hun
dred (fOOD shares. In the sum of one hun
dred (S10O.OO) dollars each said stock shall
be paid for In cash.
The capital stock of this corporation may
be increased to the sum Of two hundred
thousand $500 ,OOO0O) dollars.
This corporation shall commence doing
business and be going concern as Of
date March list, 1921
ARTICLE VAN the corporate powers
OF said corporation shall be exercised by
Board OF Directors consisting of not less
than three and not more than five stock.
holders, a majority of whom shall con.
stftute quorum for the transaction of
business. The Board of Directors shall
elect annually from their number a presi-
dent, vice-president, a treasurer and sec.
rotary. which two latter Offices may be
filled by one person and which person or
persons need not be a stakeholder In this
corporation.
The first Board of Directors shall con.
sist of four stockholders and shall be com.
posed of William p. Ross, John NJ. Heyn,
Lewis X. COunce and Paul II. Kleinpeter,
with William p. Ross as president, John
NJ. Heyn as vice-president, Lewis K
Counce as treasurer and Paul H. Klein.
peter as secretary.
The postoffice addresses Of said Direc-
tors are as follows: William P. Ross, 6O2s
Freret Street, New Orleans, La; John NJ
Heyn, 10 Richmond Place, New Orleans
La; Lewis r. Counce, Metairie Ridge.
New Orleans, La; Paul H. Kleinpeter.
2210 Nashville Avenue, New Orleans, La.
These directors and officers shall serve
until the first Monday In February, 1922,
or until their successors have been duly
elected and qualified.
The annual meeting Of stockholders for
the election of directors shall be held on
the first Monday In February of each year
unless said day be a legal holiday, and
then on the next bank day thereafter.
Each subscriber hereto sets after his name
his p0stoffice address and statement of
the number Of shares of stock which he
agrees to take In the corporation. At all
elections, every stakeholder shall be en-
titled to one vote for each share of stock
standing in his name on the books of the
corporation, to be cast In person or by
his written proxy. A majority of the
votes cast shall elect.
ARTICLE Win the event of the liqui.
dation or dissolution of this corporation,
the stockholders shall elect two Hquidators
from among their number at a meeting
convened for that purpose, after ten days
written notice sent to each stakeholder by
mail to his last known address; said liqui-
dators shall have the authority to wind
up the business and affairs Of this cor
poration.
In case Of death Of either of said liqui-
dat0rs, the survivor shall appoint q stock