The herald. [volume] (New Orleans, La.) 1905-1953, 1921-08-11
CHARTER.
SYSTEM DELIVERY SER
VICE INC.

ORbbAasS Of July, In tne one before
tesm ~. ne hundred and tms nnbiic dniv
- John Massnd sworn, in and for the
Srmissioneu9a and City OF New orleans,
| rSflsh Of o. s, and in the presence OF the
,irrels resiea.sinafter named and unoer-
r1i1esses arsanally appeared the parties
tgneo,n arnes are underslsn'eu, 70 ,ha mo.
slsre that laws of this State relative TO
| sisioDs Oh , vi of corporations, ana es.
| ~ orgsniS provisions OF Act NO. zoi,
secislly ID. ,hs General Assembly or the
pssseo pi,e the year 1918, ana tne laws
stste "a thereby. and the ia"s Ant 9es 90
- state os eoyenanted and agreed and
"a ne{ Is nresents covenant ana agree
| = by nv - alyes, their successors, their
"a bino sssigns. to form and hereby
kirs snu.aives into and constitute them
nm and their successors d oorp p,t
w.. objects and purposes " wiz
e~,cLE 1.-The name and tue f Ur rpls
| eofposan,,won nc and under said corporate
/ SBRyics. hall have all the power and au'
une santad nv the laws OF this state
. nsrity srsthheld from corporations.
1.-THE objects and purposes
lRiinoration are declared generally
tns MN conducting Of a delivery service
nps.ss,s throughout the Parlsh OF Or
sus and adjacent, IPc a1sdsin the delivery of
dusnsgg,se az all character, as agents OF
necnhn.s nraof for commission or hire, and
ogner business connected Herewith,
81 2Ihe ant Of or necessary for the said
W'cts and purposes; and In SO uolhg, Lne
| snlecs.snnrstion shall have power to pur.
ssid oo.py nersonal or mixed property OF
eAaw "a and the same to hold at their
| eoavsnience. -.
,prrcIE III-The present amount OF
An, .,oct OF this corporation Is S2O,-
~ aivided into 200 shares, or the par
~ 5000 each, and certificates Tor
m us whole or fractional shares may De
sss,sd said stock shall De payaoie ei ,.l;th
n cash or property, III WIN
- laws of this state.
.uount TO which the present capital
Is - tbIs corporation may be increased
noe A y declared to be $1O0.OO0.OO, to be
hnsevisd by 1000 shares of the par value
s,so as1 each. and said increase In capital
- n likewise to be represented Dy Ger.
asrstes for either whole or fractional
1hares 3t4
An Of the capital stock OF this corpora
81 A. 10 he common stock, and this cor
.ssor shalf commence business, as now
1890 nv law. Each share OF stock shall
g..ia the holder thereof to one vote, to be
ssss slther personally or by written proxy,
"a sssh fractional share shall entitle the
Ssider thereof to such fractional part OF
- vate AZ is represented by his fractional
3are of stock.
IRTICLE Iv-The said stock SHAH only
- ns,tialy or conditionally negotiable, 1t
10 = rendition precedent, and the con-
tssa, under which the stock Of this cor
Srstion Is subscribed, that none of the
- presently subscribed or hereafter
1bscribed or issued. shall be susceptloIe
4 Ming negotiated, pledged, pawned or
Ssrtesred; nor shall or can any right be
SonIred under any pledge, pawn. mort
- ar Modification Of such stock, ex-
<stine. first, such pledge, pawn, mortgage
Ehypothecation be submitted to the stock
Eidefs Of this corporation In meeting as
SnbIed. at a meeting specially called for
"A Suppose, and at which said meeting
6See.fourths Of the stockholders in num-
= and amount shall vote favorably there
IN. and especially authorize such nego-
&tjou pledge, pawn or mortgage the
Skols to be evidenced only by duly GER
nd copy of the minutes of said meeting,
Earing the seal Of this corporation.
.fhe said stock shall only be partially or
Nationally the subject of sale and trans
apd no stock presently subscribed for
q iusued, or thereafter subscribed for or
nd shall be or can be made the subject
4 sale or transfer, except solely after the
mbscfibers or owners shall first have
oHtred for sale to the stockholders and
a1s Of the stock Of this corporation, the
nh which the said stakeholder or owner
ionys to sell, which offer must be in writ
ise and for a term Of thirty days, ad-
&1nsd to this corporation and to the
aeekhoiders Of record upon the stock
btcw or stock books and records.
h h further conditioned as a condition
pScedent to any sale. that the offer for
nh Of such stock shall be at a price not
0ceeding the book value Of such stock as
nsvn By the books of the corporation al
he time Of its inception, II offered within
~ year, or as shown by the books of the
0yonticn at the next preceding annual
~ q which price and for said term any
ell Of the existing stockholders shall be
utifled to purchase the whole or theil
DeoDoFtional part thereof within the said
~ Of thirty days.
1heN provisions and condition as tc
Nh transfer, resale, retransfer, mortgage
-. pawn, pledge or hypothecation, !:
9re4 to By all Of the subscribers to this
3peration on their own behalf and on be-
~ 81 their heirs, assigns and successors
- = accepted BY them as material pro
en and condition Of the subscription OF
- ack In this corporation.
ARTICLE v--No stakeholder Of this cor
Hsfion shall ever be held liable or re
nnble for the faults or contracts Of thi,
Qpdd balance due the corporation on tn.
III suoscribed by him; nor shall any
~ mformality In the organization of thii
pefafion have the effect Of rendering tbi,
rur null or Of exposing stockholdel
Hoscroer to any liability beyond thu
Aeunt unpaid upon his stock.
ARTICLE vI-The domicile Of this cor
enon shall be In the City Of New Or
IA State Of Louisiana, and all citation
enef legal process shall be served OF
yfendent Of this corporation, or, In hi
1ce. on any other officer or agent nov
Asfised By law to receive service.
Article yII-This corporation shall
for term Of ninety mine years, nm
nq.idated prior thereto, as PRESENT.!
e.ieed By Act No. 267 Of the State o
&s'aana Of the year 1914.
u1 corporation shall be exercised solel.
end through board Of directors, to b.
peeed Of not less than three, nor NOR
2zkee1 stockholders, which said direc
oah have the right to vote In persoi
Written proxy. The officers of tn
eo.rd shall be a president. a vice
t and secretary and a treasurer
nsree than one office may be held b,
.ser Of the Board Of Directors.
onicefs for the ensuing year shall
seo mmediately following the pas
tn1s Act OF Incorporation, and shal
~. e-lce until June 30th, 1922. or unit
Ss,., 9ccsssors shall be duly elected an
eo. the annual stockholders meetin
corporation shall be held on tn
e June Of each year, excepting
~ uo Jay shall be dies non, 4
vent the said meeting shall be he'll
hsxf following day, or on such dat
y hereafter determined as an ad
oate Of said meeting. so called
o1ess are to be by ballot, and
q votes cast to elect, and eac
yte, whether In person or b
~ ~ each fractional share to entitl
hereto TO such fractional vot
~ fractional share bears to on