The herald., 1921-10-27

United States of America. State Of
Louisiana. Parish of Orleans. BE it known
that on this twelfth day of the month OF
October in the year of our Lord, one
thousand nine hundred and twenty one.
and of the Independence of the United
States of America. the one hundred and
forty fifth, Before me. Leslie Patton
Beard, notary public in and for the
Parish of Orleans. State OF LOUISIANA:
therein residing and in the presence or
the witnesses whose names are hereunto
subscribed. personally came and appeared
the several persons whose names are mere
unto subscribed, who declared that avail
ing themselves of the provisions of the
Laws of the State of Louisiana, relative
to the organization and formation OF cor
poratiOns, and more particularly or Act
No 267 of the General Assembly OF the
State of Louisiana for the year l9l4, they
have covenanted and agreed and they do
by these present hereby covenant, agree,
bind and obligate themselves. as well as
such other persons as may hereafter
become associated with them, to form ana
constitute a corporation and body poltlc
in Law for the objects and purposes and
under the conditions and stipulations FOL
| lowing. which they adopt as their charter
| to-wit:
ARTICLE THE name, style, and title
| of this corporation is hereby declared TO
| be Norman Avengo, Inc. and under such
name and style it shall have and enjoy
succession and existence for period or
ninety nine (99) years from date hereOf,
unless sooner dissolved by liquidation or
otherwise. 1t shall have power ana auth
ority to contract. sue, and be sued, 10
make and use a corporate seal, the same
| to break and alter at pleasure; to hold
purchase, sell, lease, mortgage, TRANSFER
| hypothecate and pledge property, real, per-
| sonal and mixed, corpOreal ana lncorpo'
real and TO hold stock in any other COM
pany or companies that may assist TINS
| Company in its objects and purposes; TO
make and issue bonds and other evidences
| of Indebtedness; If desired to secure sam.
| by mortgage: to name and elect directors
| and other officers. managers and employ
| ees and to establish. alter and amend ny
laws rules and regulations for its proper
| government as may be deemed necessary
and proper and generally, to do anything
act or thing necessary for the carrying
on of its business.
| ARTICLE 1.-THE dOmicile of this cor
/ poration shall be in the City OF New Or,
leans, State of Louisiana: and service OF
/ citation and other legal process shall %
| served upon the President or, in his al
| sence. upon the Secretary Treasurer
| ARTICLE III-The objects and pur
noses for which this corporation Is or
| ganized and created, and the nature o.
1 the business to be carried on by IL arr
declared to be as follows: To conduc
| a general brokerage and commission bus
mess in Cotton and Cotton Linters, anC
to that end to purchase, lease. or other
wise acquire and sell, mortgage hypotne
cate. or otherwise convey property, real
personal, or mixed, necessary for the CON
duct of its business; and, generally, U
do any act or thing incident to the ger
name purposes herein expressed
| ARTICLE Iv-The capital stock o
this corporation is hereby liked
the sum of ten thousand dollar
(1O.OOO.O0) and shall be DIVIDED Soo INTO an
represented by one hundred uOo) snare
| of Common stock for the par yaiue o
one hundred dollars Cs100.O0) each, whicl
shall be fully paid and worcestershire.
Said stock shall be paid for in cash, o
by property or services actually rendere'
of cash as provided by Law and at sue
time and manner as may be prescriDe'
by the Board of Directors.
This Corporation shall become a goint
concern and authorized to commence Dus
mess when fifty per centum toO) or TN
capital stock shall have been subserioe'
and paid.
The CAPITAL stock Of this corporation
may be increased to the sum OF one nun
dred thousand dollars (S1OO,OOOO0) as pro
vided by Law.
No stakeholder shall sell or otherwis
| dispose of his or her stock without mrs
offering Il in writing to the body
stockholders through the Board OF Dlr ss.
tors. at its book value, and the stock
holders shall have fifteen days witm
| which to accept or reject such ofer De
fore same being placed on the puDn
market.
ARTICLE v-The corporate powers o
this corporation shall be vested In an
exercised by a Board of not less tina
tbre nor more than five directors ma
iority of which shall constitute quorur
for the transaction of business.
ANY director who is unable to atten
: any meeting of the Board and Is other
wise incapacitated from performing TN
functions of his office by reason Of IN
ness or otherwise. may appoint In writ
ing another member Of the Board OF ID
rectors TO act for him and as his prox
! and the Board Of Directors may delegat
any of his powers to any ofhcer or o.
feers, or representative of this corpors
! rion by resolution REGULARLY adopted.