The herald., 1921-03-31
CHARTER.
CHARTER OF J. S. WATERMAN & COM
PANY. INC.

United States of America, State Of Lou
isiana Parish of Orleans, City OF New
Orleans. Be it known, That on this ninth
day of the month of March, In the year
one thousand, nine hundred and twenty
one before me. John r. Upton, a notary
public, in and for this City and the Parlsh
of Orleans, State of Louisiana, therein re-
siding, duly commissioned ana quailneu'
and in the presence of the witnesses here
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 this
State relative to the organization OF cor
pOrations, and particularly TO ACT Zo' OF
1914, they have covenanted ana agreed, anu
by these presents do covenant ana agree
for themselves their successors and as
signs, to form themselves into corpora,
ton and body polite, for the objects ana
purposes, and under the stipulations mere
matter set forth, tO-wit:
ARTICLE 1.-The name and title of this
corporation shall be j. S. Waterman d
Company, Inc, and under such ute II
shall have and enjoy succession and exist
ence for a period of ninety nine years from
the date hereof, unless sooner dissolved;
it shall have power and authority to con-
tract, sue and be sued to make and use
corporate seal, the same to alter and break
at pleasure; to have, hold, buy, sell, lease,
mortgage and hypothecate or pledge prop
erty real, personal or mixed, necessary,
proper or incidental for the carrying on OF
its business, as well as to issue bonds or
notes secured by such mortgages; to make
and issue notes and other certificates OF In
debtedness; to name, elect and appoint
managers directors, clerks and other en-
plOyes to properly conduct its corporate
business; to make such bylaws, rules and
regulations as may be necessary or found
desirable for the management of its bust
ness and affairs; and, generally, TO 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 Csy OF New Or
lana, where all citations or other legal
process shall be served upon the Presi-
dent, or in his absence on the Vice-Presi-
dent, and in the absence of both on the
ARTICLE III.-The objects and pur-
purposes for which this corporation is or
ganized and the nature of the business to
and stated-to be: To buy, sell, deal in
general merchandise of every kind and
character, and to do a general merchandise
and brokerage business, including that Of
buying and selling on commission basis
| and for itself; to do a general importing
and exporting business, both domestic and
! foreign; to build, own, lease and operate
store-rooms or warehouses for the stor-
| age Of merchandise, or cold storage pur-
poses; to store goods Of all kinds in such
store-ro0ms or warehouses for itself and
| others, and to make reasonable charges
for services in storage Of goods; to issue
| receipts In exchange for goods stored, and
| to dispose of said goods for account of the
| owners thereof upon their failure to COM
ply with the conditions Of such storage
contract; to make loans on goods stored
| either In the store-rooms or warehouses
of the corporation or others; to issue
notes and other securities in the purchase
| of goods; to represent others as agent or
| otherwise In the same line OF. similar lines
| Of business; to act as manufacturers agent
and receive and sell goods on consign-
| ment; to acquire and own stock in other
| corporations; and, generally, to do and
! convenient to carry out said objects and
purposes.
ARTICLE Iy-The capital stock of this
| corporation is hereby fixed at four hun
into four thousand $4,000 shares of the par
value of one hundred (s100O0 dollars
each; provided, that the amount to which
the capital stock of this corporation may
| be increased shall be one million dollars
] Isl 900 ,O0000) or ten thousand 100000
/ shares.
| Four thousand (4.0OO) shares, or four
hundred thousand dollars (s4OO, 0OO.0O) of
| the capital stock of this corporation must
be subscribed before the filing of the arti-
cles Of incorporation. The subscribed
| capital stock of this corporation shall be
payable in cash. property (real or per
| sonaD, goodwill, or for labor and serv-
ices rendered and performed.
No stakeholder shall ever be held liable
or responsible for the faults, contracts or
sum than the unpaid balance due the cor
poration on the shares Of stock subscribed
by him, nor shall any mere infOrmality I'm
organization have the effect of rendering
| this charter null. or of exposing any share
holder to any liability whatsoever.