The herald., 1921-08-18
CHARTER
.-rR SYSTEM DELIVERY SER
CHAn VICE. INC.

VnL.h day Of July IN tn,aIty-one hefore
and, nine Wagner, q notary public, duly
NJ. Jonn and sworn, in and Tor the
rommissionneeSa sns and City Of New Orleans,
parish o..siding, and In the presence OF tne
therein hereinafter naInea anu artsas
dgned, PEI .re Undersigned, who did de-
whose nam aysiling themselves OF the pro-
clare thsS ,ss laws of this State relative TO
visions " o,rization of corporations, ana es-
the ns the provisions OF ACT NO; .9.,
ps .ssd by the Genera, o AsSe and the laws
stste o9i ,hsreby. and the laws existing In
amended 'nthar than the said Act 261 OF
tbs s So have coyenanted and agreed ana
1s14, tnt .SSese presents covenant ana agree
40 Kind themselves, their successors, .nsir
and pihu IA assigns, to form ana hereby
heirs anu selves into and constitute them
form tnaS their successors corporation
serns affects and purposes 10 VIII:
pf THE name and title of this
AkIi.,an shall be SYSTEM DELIVERY
eerPPyWr,cE, INC, and under said corporate
sEh'i hail have all the power and au-
Z name II tainted by the laws Of this state
thonty witbheld from corporations.
h ha 1.-THE objects and purposes
AL An. Generation are declared generally
OF uns Conducting of a delivery service
70 DC LIZ throughout the Parish OF Or
ior and adjacent parishes Dy any means
TRANSFORMATION, including the uellvety OF
duhandise of all character, as agents OF
nercns .hereof for commission or hire, and
ovneiyh business connected herewith,
ah ". out of or necessary for the said
greN.s and purposes; and in so doing, the
e va Generation shall have power 10 pur.
sAsse real, personal OF mIAtu PLopertx vi
en en- r,nds, and the same to hold at their
convenience.
,pTIcLE III-The present amount of
AL stock of this corporation is $50.
sYpnoD aivided into 200 shares, OF the par
w. 49, AZ $4,000 each, and certificates for
a.hs, whole or fractional shares may be
ei.n nsd said stock shall be payable either
N cash or property, IN acSoruah@e WIN
,hs laws Of this state.
IN. amount to which the present capital
~ AZ this corporation may be increased
aoe H declared to be 500, 100000 to be
nssessnted by 1000 shares of the par value
ssYe,0a 0D each, and said increase in capital
stact IA likewise to be represented Dy Ger,
s,Scstes for either whole or fractional
shares.
an ~ the capital stock of this corpora
% 10 he common stock, and this cor
W. shall commence business, rs now
pvasiiad by law. Each share of stock shall
sntitie the holder thereof to one vote, to De
East either personally or by written proxy,
"a each fractional share shall entitle the
snids, thereof to such fractional part of
sss vote as is represented by his fractional
share Of stock.
rpTJcLE Iy-The said stock shall only
hs partially or conditionally negotiable, 1t
= Ming a condition precedent, and the con-
alton under which the stock OF this cor
norstion Is subscribed, that none OF the
ysccr presently subscribed or hereafter
snhseribed or issued, shall be susceptible
n heiug negotiated. pledged, pawned or
mortgaged; nor shall or can any right be
acquired under any pledge, pawn, mort
gage or hypothecation OF SUCH stock, ex-
sspting, first, such pledge, pawn, mortgage
a. bypothecation be submitted to the stock
holders of this corporation in meeting as
sembled, at a meeting specially called for
that purpose, and at which said meeting
three-fourths Of the stockholders in num-
Ven and amount shall vote favorably there
upon and especially authorize such nego-
tiatiou; pledge, pawn or mortgage, the
whole to be evidenced only by duly GER
tifed COPY Of the minutes of said meeting,
bearlng the seal Of this corporation.
The said stock shall only be partially or
eonditionally the subject Of sale and trans
fen and no stock presently subscribed for
Or issued, or thereafter subscribed for or
Issued shall be or can be made the subject
Of vale or transfer, except solely after the
subscribers or owners shall first have
offered for sale to the stockholders and
owners then holding and owning the bal
sncs Of the stock Of this corporation, the
stock which the said stakeholder or owner
desires to sell. which offer must be in writ
ing and for a term Of thirty days, ad-
dressed to this corporation and to the
stockholders Of record upon the stock
ledger or stock books and records.
II 10 further conditioned as a condition
precedent to any sale, th&t the Offer for
sale Of such stock shall be at a price not
exceeding the book value of such stock as
shown by the books Of the corporation at
the time Of its inception, IL offered within
one year, or as shown by the books Of the
corporation at the next preceding annual
meeting, II offered after an annual meeting,
lnd at which price and for said term any
VI all Of the existing stockholders shall be
entitled to purchase the whole or their
preeortional part thereof within the said
rrm Of thirty days.
/ These provisions and condition as to
ule transfer, resale, retransfer, mortgage,
loan, pawn. pledge or hypothecation, is
agreed to by all Of the subscribers to this
corporation on their own behalf and on be-
half OF their heirs, assigns and successors.
and is accepted by them as a material pro-
vision and condition Of the subscription of
NE stock In this corporation.
ARTICLE v-No stakeholder Of this cor
pofation shall ever be held liable or re-
1pensible for the faults or contracts of this
corporation In any further sum than the
unpaid balance due the corporation on the
mares subscribed by him; nor shall any
cooperation have the effect Of rendering this
enarter null or Of exposing a stakeholder
OF subscriber to any liability beyond the
amoanf unpaid upon his stock.
ARTICLE VI-The domicile Of this cor
goration shall be in the City Of New Or
: eans, State Of Louisiana, and all citation
other legal process shall be served on
ne president Of this corporation, or, in his
eooence, on any other officer or agent now
msherized by law to receive service.
ARTICLE yII-This corporation shall
exist for term of ninety nine years, up-
kes hquidated prior thereto, as presently
provided BY Act No. 267 of the State OF
Leuisiana Of the year 1914.
ARTICLE vIII-Ali corporation powers
q this corporation shall be exercised solely
~ and through q board of directors, to be
Snposed Of not less than three, nor more
uAn fifteen stockholders, which said direc-
VT snail have the right to vote In person
wey written proxy, The officers Of the
nM board shall be a president, vice
PRESIDENT and secretary and a treasurer
"a more than one Office may be held BY
ne member Of the Board of Directors.
me officers for the ensuing year shall
elected Immediately following the pas
h Ss o. this Act Of Incorporation, and shall
s s1e ONCE until June 30th. 1922, or unit
r successors shall be duly elected and
ysanned, the annual stockholders meeting
= mis- corporation shall be held on tn,
- DAY Of June of each year. excepting
ssea said day shall be a dies non, II
sssh event the said meeting shall be hello
- me next following day, or on such dat,
nay be hereafter determined as an ad
nsped date Of said meeting. so called
eiections are to be by ballot, and
,enty Of votes cast to elect, and eaci
Oh stock to entitle the owner thereo
s,us vote, whether in person or b!
wAy. ana each fractional share to entitl,
ewner thereto to such fractional vot,
said fractional share bears to on
ARTICLE Iy-Au ohnok. sh.u ~ .,ona,