The herald. [volume] (New Orleans, La.) 1905-1953, 1921-11-03
CHARTER.

Orleans and all citations and legal ser
vices shall be made upon the president,
and in the went OF his lnablllty 10 act
etc. upon the secretary.
ARTICLE 1.-THE capital stock of this
corporation is hereby fixed nj the sum OF
twenty thousand dollars (S20.OO0OO) all OF
which shall be divided into and represent
ed by two hundred (2OO) shares OF the
par value of one hundred dollars each.
Stock may be paid for in money, in ser
vices rendered the corporation, or in pro-
pcrty regularly transferred to the corpora
ton, all as shall be determined by the
| board of directors
ARTICLE III-The objects and purposes
| of this CORPORATION, and for which II Is
! organized are hereby declared to be to con
/ duct a general forwarding and merchan-
! disc brokerage business IN all or It's
/ phases, to act as commission merchants,
| agents, and FOR brokers, ~ buy, sell, al
1 either retail or wholesale all classes OF
merchandise and conduct general mer-
/ camille business; to conduct and maintain
and operate a general exporting business
| in all class and lines of merchandise, 10
| own. lease. mortgage hypothecate and sell
real estate and to operate and maintain
/ any businesses, commodities. articles oil
/ things necessary to further the abovt
\ set forth objects and in general to do any
and all things pertaining or german tC
the above and foregoing purposes.
ARTICLE FOUR-The corporate powers
of this corporation shah be vested In Q
board of directors, majority of whom
| shall constit lite a quorum for the Trans
action of business. Said board shall con
sist of three members, and any director
may vote at any directors meeting b!
PROXY to another director, for that particu
lar meeting.
From the said board OF directors shall
be chosen a president and a secretary
who shall also be treasurer.
The first board Of directors and officer
OF this corporation shall be elected at tn
first meeting of the stockholders. HEX
after the passing of this charter, and thu
directors and officers so elected shall serv'
as such until the second Monday In Jan
uary, 1928 or until their successors ar
duly qualified and elected.
Absent directors may vote at any di
rectors meeting by written proxy Z
another director given for that particula
meeting.
Meetings of the stockholders for tn
election Of directors shall be held yearl
on the second Monday in January, begin
ming with the year 1923. and the board o
directors shall have the right to cleo
without reference to stockholders meet
whenever a vacancy may exist on tn
board of directors, through death, resig
nation or inability to serve
ARTICLE v-The corporate powers q
this corporation are expressed and ~
forth by Section Seven "a of Act 267 Q
the year 1914. and shall be duly employe
by and through the board Of directors.
The board of directors may, without re
ference to the stockholders, buy, cell an
mortgage real estate; buy. sell, mortgag
or hypothecate any part or the entiret
of the assets, business, rights or goo
will Of this corporation, all upon sue
terms, conditions, and for such pric'
sums or assets as the board Of director
shall determine.
The duties Of the several officers sha
|, be set forth in the bylaws; which wi
be adopted by the board Of directors an
amended or altered at their will: and the
shall have the right to employ, under cor
, tract or otherwise, a general manager, WI
may or may not be member OF the boar
of directors, as said board Of director
may determine, and which said gener
manager shall have such duties as sha
be determined by the board of director
> and the several officers Of this compan
may delegate to such general manage
such duties as are prescribed to their r,
/ spective offices. as they may desire. sui
. ject however, to the approval Of the boar
: Of directors.
y ARTICLE VINO stakeholder of tn
v corporation shall ever be liable for ar
. debt Of the corporation other than the ri
:. paid portion Of their subscription
I stock; and no informally herein sha
e subject them to such liability.
n ARTICLE vII-Amendment Of this cha
ter, or liquidation Of the corporation sha
J. be subject to the rules laid down in A
: 287 of the Louisiana Legislature OF 191
|, The capital stock Of this corporation ma
be increased by amendment of this cha
ter to any amount not exceeding the su
OF one hundred thousand and no/i
$500, 000 COZ dollars.
/. Thus done and signed on the day al
date first hereinabove written, in the CT
of New Orleans, and in the presence
c. o. Sperier and B. ID. Miller, compete
witnesses, and me, notary, after q d
. reading Of the whole; the subscribers &c
o ting opposite their names. the amount
stock they subscribe for, making this
original subscription list.
(Signedl: q. W. Gof. 1887 Eashvi
n Ave. New Orleans, La, 1 share; tSigned
ID. Gof, Merida Yucatan, N. Y, l shar
Z (Signed): E. L. BordelOn, 1l2S Robert s
New Orleans, La, 1 share.
Witnesses: (Signed): c. o. sperie
b. ID. Miller.
Il (Signed): WARREN V MILLER,
q Notary Publ
y A true copy Of the original on fN in n
]. office.
WARREN V. MILLER.
- Notary Publ
Recorded Oct f.
- Oct. 6-Nov. TO-