The herald. [volume] (New Orleans, La.) 1905-1953, 1921-04-07
CHARTER OF BOULET TRANSPORTA-
TION COMPANY. INCORPORATED.

United States of America, State of Lou
iSiana Parish of Orleans, City of New Or
leans BE il known, That on this thlrd
day of the month of March, in the year OF
our Lord, one thousand nine hundred ana
tWput one, and of the Independence OF the
Emitted States of America, the one nun
bred and fOryt-hfth, before me Scott T.;
1eer, Il notary public, duly commissioned
and qualified in and for the PARISH OF
Orleans. State of Louisiana, aforesaid.
therein resident, and in the presence or the
witnesses hereinafter named and under
signed. personally came and appeared the
persons whose names are hereuhtO SUD
Scribpd who declared that availmg them
selves of the provisions of the laws OF the
State of Louisiana. and particularly of Act
No. 20 of the General Assembly of the
state of Louisiana for the year 1914, they
have CuVenanted and agreed, and do by
| these. presents, covenant and agree, bind,
| form and constitute themselves as well
| rs such other persons as may hereafter
| Join or become associated with them into
| corporation and body polite i'll law, for
| the objects and purposes and under the
| agreements and stipulatiOns following To-
| wit:
| ARTICLE 1.-The name and style of this
| corporation shall be the Boulet TranSpOr-
| tation Company. Incorporated, and under
| that name it shall have and enjoy all of the
| rights, advantages, and privileges granted
| by law to corporations; ii shall exist for
| Il period of ninety-nine years from the
date hereof; it shall have power and au-
| thOrity to sue and be sued in its cor
porate name; to make and use a corporate
| seal and the same to break alter at
! pleasure; to hold, receive, purchase, con
! vey, mortgage and hypOthecate property
| real. personal and mixed; to issue bonds
notes and other obligations: to have and
| employ such managers, officers, directors
! and other employees or agents as the in
| tpreSt and convenience of the corporation
! may require or demand, and to make and
| establish such bylaws rules and regula-
tiOns for the corporate management and
control of its business and affairs as may
be deemed necessary and expedient.
ARTICLE 1.-THE domicile of the said
corporation shall be in the City of New
| Orleans. State of Louisiana, but it may
establish and maintain offices and agencies
throughout the United States of America,
and foreign countries. All citations and
| other legal process shall be served on the
president and in his absence on the vice.
president of the said corporation. In the
absence of the president and vice presi-
dent. then said process shall be served on
the secretary of the said corporation.
ARTICLE III.-The objects and pur.
poses for which this corporation is Or
ganiZed and the nature of the business to
be carried on by il are hereby declared
to be: To transfer, carry. convey, haul
and deliver, goods, merchandise and prop
erty. and TO maintain a general hauling
transfer and drayage business. To acquire
by purchase or otherwise the stocks and
bonds of other corporations engaged in a
similar line of business, and to sell. con-
. Ncy ana transfer same at pleasure; and to
do and engage in any other business, I'M
dertaking or enterprise connected with
growing out of. incidental or germane t.
any of the objects and purposes herein
above setfOrth or contemplated by this
charter. To acquire take over own and
ENJOY the stock in trade, assets. good will
and all property, rights credits, chooses
In action and immunities belonging TO OIL
| appertaining to the business of the Boulet
Transfer Company, fully prescribed in tn,
act OF sale this day executed by Milton
) Boulet unto the Boulet Transportation Com
: pany, Inc. executed before Scott T.. Beer
, Notary Public of the Parish of Orleans
duly certified copy of which is annexed t.
: and is made part of this act of INCORPORATION
TO acquire by purchase or otherwise tn,
stocks and bonds of other corporations en-
D gagged in similar line of business and I,
: sell, convey and transfer same ut pleas
ure; and to do and engage in any othe
business, undertaking or enterprise con
nected with, growing out of. incidental o.
germane to any of the objects and pur
plated by this charter.
; ARTICLE IV.-The capital stock of thi
. | corporation is hereby fixed at the sum O
ten thousand dollars. divided into on
hundred shares of the par value of on
hundred dollars each, which shall be pai,
l0r In cash. or may be issued at not les
than par for property purchased by o
; services rendered to the corporation.
= The capital stock of this corporatio
, : ma! De increased or decreased by CON
= pliance with the laws of the State of IoI,
h | isiana governing the same
" All shares of stock shall be full paid sn
l. worcestershire. No transfer of stock sha
II be binding upon the corporation unIes
n made upon its books and all certificates {
IS STOCK snail be signed by such officers a
e may be designated by the Board of Dire,
\, tors.
, No stockholder shall sell or in any mar
r ner ulspose OF his stock in this corpor;
first off,
K 10 the corporation in writing through il
,r Board of Directors. and the said Board ,
RS 10 oS shall have the right and optic
re 70 purchase the stock so offered with
he thirty days, at the book value as establish
TO ed by the last inventory
r ARTICLE V.-All the corporate novva,
"a OF this company shall be vested in an
ne the management and control of it's bus
X ness and affairs shall be exercised by
r, Board of Directors composed Of tbr.
re stockholders, which number NAV be 4
creased to not more than five at the d
reciion OF the Board Of Directors A m
r yorlty or the Directors shall constitute
a quorum for the transaction of all bushes
s. me directors shall be elected annually n
Id ballot of the stockholders on the fir
" a,n nuriSaay IN March of each year. A
ne elections shall be held under such ruI
i'll anu regulations as may be determined
ly me Board or Directors, but after at lea
T. niteeh days notice thereof shall have be,
a. given to each stakeholder, by notice tber
s. or delivered personally to each stockboi
be er; or by depositing in the postoffice pro
rd eriy addressed, notice to each stoc
f. holder The directors thus elected sbs
I'd continue in office for one wear or nm,
RS their successors have been duly elected m
ct Iuaiihed. All stockholders shall he o
a Titled, In person or by written proxy
Tn one vote on each share of stock owned
e. MN and standing in his name ON ii
DOCKS OF the corporation. No failure
a.; nOid an election shall be regarded "a
81 forfeiture of this charter. ANY vacancy n
al curing on said Board Of Directors sb,
ha De hlled by the remaining directors =
20 the unexpired term. Said Board of II
ho rectors shall likewise elect the addition
20 member or members in case they shon
30 determine to increase the number OF =
- board as hereinabove provided so
nL Board OF Directors shall at its first mo-
hi ing, elect from among its number. a nre.
n dent, one or more vice presidents. ge
~ eral manager. secretary and n trea sn ?.
IA IL may combine any two or more Of co
'u Offices into one and may even elect n 90
rotary who is not a stakeholder or
he rector. Said Board of Directors oh,
10 nave the right and power to annoint n,
IS. DISMISS such clerks or other emploveas
de the corporation, including the secret.
&c VINO is not stakeholder or director
conditions may justify or fine business
on the corporation shall require. The for,
% OF office of all employees of the cornorati
be snail De during the pleasure of the Roa
ro- OF Directors. ~"
ARTICLE VINO stakeholder shall an
he De held liable or responsible for fbe 90
m tracts, faults or debts Of this corporate