The herald., 1921-11-10
CHARTER.

Orleans and all citations and legal ser
vices shall be made upon the president
and in the went of his lnaDiIty 10 act
etc, upon the SECRETARY.
ARTICLE 1.-THE capital stock of this
CORPORATION il hereby fixed at the sum OF
twenty thousand dollars ($2OOOOO) all OF
which shall be divided into and represent
ed by two hundred C20O) shares OF the
Dar value of one hundred dollars each.
Stock nav be paid for in money, in ser
vices rendered the corporation, or IN pro
prrty 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 10 be 10 con
duct general forwarding and merchan-
disc brokerage business In all or It's
phases, to act as commission merchants,
agents, and /or brokers, to buy, SELL ut
either retail cor 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 ana sen
real estate and to operate ana maintain
any businesses, commodities, articles or
things necessary to further the above
set forth objects and in general to do any
and all things pertaining or german 10
the above and foregoing purposes
ARTICLE FOUR-The corporate powers
of this corporation shall be vested in
board of directors, majority of whom
shall cOnStit tie 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 by
proxy to another director, for that partcu-
lar meeting.
From the said board of directors shall
! be chosen a president and secretary
who shall also be treasurer.
hobrJ nf diractOrS and officers
of this corporation shall be elected at the
| first meeting Of the stockholders, held
| after the passing of this charter, and the
directors and officers so elected shall serve
| as such until the second Monday in jan
/ uary, 1923 or until their successors are
| duly qualified and elected.
Absent directors may vote at any di
! rectOrs meeting by written proxy u
another director given for that particular
| meeting.
Meetings of the stockholders for thu
! election of directors shall be held yearly
| on the second Monday in January, begin
ming with the year 1923, and the board OF
| directors shall have the right to elect
without reference to a stockholders meet
/ ing. any stakeholder to be director
whenever a vacancy may exist on tht
board of directors, through death, reslg-
nation or inability to serve
! ARTICLE V-The corporate powers OF
| this corporation are expressed and SCI
| forth by Section Seven Cd Of Act 267 OF
the year 1914, and shall be duly employed
| by and through the board OF directors.
| The board OF directors may, without re-
ference to the stockholders, buy, sell and
mortgage real estate; buy, sell, mortgage
| or hypothecate any part or the entirety
of the assets, business, rights or gooC
will of this corporation, all upon suci
| terms, conditions, and for such price
sums or assets as the board of directors
| shall determine.
The duties of the several officers shall
be set forth in the bylaws; which VII
be adopted by the board of directors ant
amended or altered at their viii; and theI
shall have the right to employ, under con
tract or otherwise, a general manager, wh'
may or may not be a member of the boar(
| of directors, as said board of director
may determine, and which said genera
manager shall have such duties as shai
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 re
spective offices, as they may desire, SUB
ject however, to the approval of the boar
Of directors.
ARTICLE VINO stakeholder of thi
corporation shall ever be liable for an
debt of the corporation other than the VI
paid portion of their subscription I
stock; and no informality herein sha
subject them to such liability.
ARTICLE tll-AmenumenL OF tnls Cnhl
ter or liquidation of the corporation sha
be subject to the rules laid down In AZ
267 of the Louisiana Legislature of 19l
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/l'
: $500 OOO.00)) dollars.
Thus done and signed on the day an
: date first hereinabove written, in the Gil
= of New Orleans, and in the presence
G.. o. Sperier and Il. ID. Miller, competei
witnesses, and me, notary, after d.
reading OF the whole; the subscribers Sc
, ting opposite their names, the amount
stock they subscribe for, making this 8
o original subscription list
> (Signed) G. w. Gof, 1867 Nashyil
= Ave. New Orleans, La, l share; (Signed
; ID. Goff, Merida Yucatan, n. Y, shart
. ! (Signed) T.. L. Bordelon, lbs Robert 81
, New Orleans, La, l share.
/ Witnesses: (SIgned): c. o. Speriel
\ Il. ID. Miller. -
' (Signed): WARREN MILLER.
: Notary Publ
A true copy Of the original on file in IN
. Office. -
WARREN V. MILLER,
Notary Publ
Recorded Oct. 4.
= Oct. 6-Nov. 10.