The herald., 1921-07-21
CHARTER SYSTEM DELIVERY SER
VICE, INC.

VICE, INC.
United STATES OF AMERICA: |
STATE OF LOUISIANA, CITY OF NEW
it known, that on TINS thlr-
teenth day of July, in the year one .Hou
sand. nine hundred and twenty-one before
me- John Wagner, notary puohc, uuIy
commissioned and sworn, in and Tor the
Parish of Orleans and City OF New orleans'
therein residing, and In the presence vi tne
witnesses hereinafter named ana unuer-
signed personally appeared the parties
whose names are undersigned, who did de-
clare that, awaiting themselves OF the pro-
visions of the laws OF this state relatlNe "
the organization of corporations, ana es-
pecially the provisions of Act NO. Zo''
passed by the General Assembly of the
State during the year 1914, ana the laws
amended thereby, and the laws existing III
this state other than the said Act 26' OF
1914 they have covenanted and agreed ana
do by these presents covenant ana agree
and bind themselves, their successors thelr
heirs and assigns, to form ana herepy
form themselve into and constitute them
selves and their successors corporation
for the objects and purposes. to wit:
ARTICLE THE name and title of TINS
corporation shall be SYSTEM DELlNEkf
SERVICE. INC, and under said corporate
name it shall have all the power and au-
thority granted by the laws of this state
and not withheld from corporations.
ARTICLE 1.-THE objects and purposes
to be the conducting of delivery service
for others throughout the Parish of Or
leans and adjacent parishes by any means
of transportation, including the denvery OF
merchandise of all character. as agents OF
owners thereof for commission or hire, and
all other business connected Herewith,
growing out of or necessary for the said
objects and purposes and in so doing, the
said corporation shall have power to pur-
chase real, personal or mixed property of
| all kinds. and the same to hold at their
convenience.
ARTICLE III-The present amount of
capital stock of this corporation is 800
10000, divided into 200 shares, of the par
| value of $1,000 each, and certificates for
| either whole or fractional shares may be
issued; said stock shall be payable either
| in cash or property, in accordance with
| the laws of this state.
| The amount to which the present capital
stock of this corporation may be increased
| is hereby declared to be S1O00OO.OO, to be
| represented by 1000 shares of the par value
of $4,000 each, and said increase In capital
stock is likewise to be represented by GER
| tifcates for either whole or fractional
| shares.
| All of the capital stock of this corpora
| ton is to be common stock, and this cor
| poration shall commence business, as now
j provided by law. Each share of stock shall
| entitle the holder thereof to one vote, to be
| cast either personally or by written proxy,
and each fractional share shall entitle the
| one vote as is represented by his fractional
i share of stock.
II ARTICLE IV-The said stock SHAH only
be partially or conditionally negotiable, II
being a condition precedent, and the con-
dition under which the stock of this cor
i poration is subscribed, that none of the
stock presently subscribed or hereafter
subscribed or issued, shall be susceptible
of being negotiated, pledged, pawned OF
mortgaged; nor shall or can any right be
II gage or hypothecation of such stock, eX-
cepting, first, such pledge. pawn, mortgage
or hypothecation be submitted to the stock
/ holders of this corporation In meeting as
sembled at a meeting specially called fol
that purpose, and at which said meeting
three-fourths of the stockholders in mum
Der and amount shall vote favorably there
upon. and especially authorize such nego
whole to be evidenced only by a duly GER
tilted copy Of the minutes of said meeting
bearing the seal of this corporation.
II The said stock shall only be partially OF
! conditionally the subject of sale and trans
fer, and no stock presently subscribed TO
| or issued, or thereafter subscribed for o.
! issued, shall be or can be made the subjec
of sale or transfer, except solely after tn
! subscribers or owners shall first hav
offered for sale to the stockholders an,
owners then holding and owning the bal
| ance of the stock Of this corporation, tn
| / stock which the said stakeholder or owne
! ing and for a term Of thirty days, ad
dressed to this corporation and to tn
stockholders Of record upon the stoc
! ledger or stock books and records.
! 1t is further conditioned as a condition
1 precedent to any sale, that the offer 70
sale of such stock shall be at a price no
1 exceeding the book value of such stock a
I shown by the books of the corporation a
\ one year, or as shown by the books Of tn
corporation at the next preceding annuf
meeting, IL offered after an annual meeting
4 and at which price and for said term an
entitled to purchase the whole or the
i proportional part thereof within the sal
term Of thirty days.
These provisions and condition as I
j tsale, transfer, resale, retransfer. mortgag
loan, pawn, pledge or hypothecation,
agreed to by all of the subscribers to tn
= corporation on their own behalf and on b.
s half Of their heirs, assigns and successor
:. and Is accepted by them as a material PR
u vision and condition of the subscription
q the stock in this corporation.
= ARTICLE V-No stakeholder Of this co
VI poration shall ever be held liable or r.
It sponsible for the faults or contracts of tn
20 corporation in any further sum than Il
% unpaid balance due the corporation on d
X shares subscribed by him; nor shall ar
Ia mere informality in the organization Of tn
n charter null or of exposing a stockhold
Is or subscriber to any liability beyond q
amount unpaid upon his stock.
Is ARTICLE VI@The domicile of this co
l. poration shall be in the City of New O
: leans, State of Louisiana. and all citati
C or other legal process shall be served
q. the president Of this corporation, or, in
=, absence, on any other officer or agent nc
III authorized by law to receive service.
lel ARTICLE VII-This corporation sh
n exist for a term Of ninety nine years, U
~ less iquidated prior thereto, as present
he provided by Act No. 267 Of the State
- Louisiana Of the year 1914.
ARTICLE yIII-An corporation pow
- fhiReoEno0ffon 1no11 ~