The herald., 1921-04-07

United States of America, State of Lou
isiana, Parish of Orleans, City of New
Orleans. BE it known, That on TINS nlnth
day of the month of March, in the year,
one thousand, nine hundred ana tweht!
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 ana quailheu'
and in the presence or the witnesses heTt
matter named and undersigned, personally
came and appeared the several persons
whose names are hereunto subscribed, who
declared to me. Notary, that awaiting them
selves of the provisions OF the laws OF thls
State relative to the organization OF cor
porations, and particularly to Act 26' OF
1914 they have cOvenanted and agreed. ana
by these presents do covenant ana agree
for themselves, their successors anu as
signs. TO form themselves into corpora
ton and body polite, for the objects and
purposes, and under the stipulations here
matter set forth, t0-wit:
ARTICLE 1.-The name and title OF this
corporation shall be J. S. Waterman x
Company, Inc, and under such tue II
shall have and enjoy succession and exist
ence for a period of ninety-nine years from
the date hereof, unless sooner dlssolNed'
ii shall have power and authority 10 CON
tract sue and be sued; to make and use q
corporate seal. the same to alter and break
at plea sure; to have, hold, buy, sell, lease
mortgage and hypothecate or pledge prop
erty, real, personal or mixed, necessar!
| its business, as well as to issue bonds or
notes secured by such mortgages; TO make
and issue notes and other certificates OIL IN.
| debtedness; to name. elect ana appoint
managers directors, clerks and other EN-
ployes to properly conduct its corporate
business; to make such bylaws, rules ana
| regulations as may be necessary or louhu
| desirable for the management OF It's Dusl-
| ness and affairs; and, generally, 10 90
| 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 Presl
dent or in his absence on the Nice-Presl-
dent and in the absence Of both on the
\ Secretary.
| ARTICLE IH.-The objects and pur-
purposes for which this corporation is or
| ganized and the nature of the business tC
be carried on by 1t are hereby declared
| and stated to be: To buy, sell. deal IL
general merchandise of every kind and
character. and to do a general merchandise
and brokerage business, including that o.
buying and selling on commission basis
and for itself; to do general importing
and exporting business, both domestic an6
foreign; to build. own, lease and operate
store-rooms or warehouses for the stOr
age of merchandise or cold storage pur
stOre-rooms or warehouses for itself ant
I others. and to make reasonable charge
for services in storage of goods; to issu
receipts in exchange for goods stored, AM
to dispose of said goods for account or Tn
owners thereof upon their failure to com
ply with the conditions of such stOrag
contract; to make loans on goods store'
either in the stOre-rOOms or warehouse
= of the corporation or others; to 1ssu
!, notes and other securities in the purchas
of goods; to represent others as agent o
otherwise in the same line similar line
of business; to act as manufacturers agen
and receive and sell goods on consign
: ment; to acquire and own stock in othe
corporations; and, generally, to do an
> perform any and all things necessary o
! convenient to carry out said objects an
. purposes.
ARTICLE Iv.-The capital stock of thi
? corporation is hereby fixed at four hun
dred thousand (S400 100000 dollars, divide
I into four thousand $4,000 shares of the pa
/ | value of one hundred ($100OO) dollar
each; provided, that the amount to whic
3 the capital stock of this corporation ma
: be increased shall be one million dollar
Isl, OOO,O 100000 or ten thousand QOOOt
r shares.
T -Four thousand 4OOO) shares. or fou
/ hundred thousand dollars (s400, OOO.O0) {
/ the capital stock of this corporation mus
be subscribed before the filing Of the art
e cles of incorporation. The subscribe
Z capital stock of this corporation shall B
}. payable in cash, property (real or pc
: sonaD, goodwill, or for labor and SER
:, ices rendered and performed.
. No stakeholder shall ever be held lab
e or responsible for the faults, contracts