The herald., 1922-04-13
CHARTER.
CHARTER OF
WILLIAM y. ROSs. INC.

Be it known that on this 9TH day Oh
March, in the year of our Lord, nine
teen hundred and twenty two ana Oh inc
Independence Of the United States Oh
America the one hundred and forty
sixth, before me, WARREN V. MILLER,
a Notary Public duly commissioned ana
qualified. in and for the Parish OF Or
leans, and therein residing, and in the
presence of the witnesses hereinafter
named and undersigned, personally came
and appeared the several persons whose
names are hereinafter subscribed, all
being of full age. who declared TO me,
Notary, that availing themselves OF the
laws of the State of Louisiana relative
to the organization of corporations, they
do by these presents contract, agree.
covenant stipulate and bind and form
themselves, as well as such other per-
sons who may hereafter become asso-
ciated with them, into corporation ana
body polite in law, for the objects and
purposes and under the stipulations here
matter set forth, all of which they ac-
cept as their charter, to-wit:
ARTICLE /. The name and title OF
this corporation is declared TO be WILL
LIAM Z. ROSS, INC, and under such
title il shall have and enjoy succession
and existence for a period of fifty years
from date hereof. The dOmicile of this
corporation shall be in the City of New
Orleans, State of Louisiana, where all
citations and legal processes shall be
absence, upon the Vice-President; or, In
his absence upon the Secretary.
ARTICLE ii. The capital stock OF
this corporation is hereby fixed at the
sum of Fifty Thousand Dollars, divided
into five hundred shares of One Hundred
Dollars each. Shares may be paid for
in money, property, goodwill or for
services rendered TO the corporation, and
the Board of Directors shall determine
the manner and method of payments,
other than in money, according to law.
ARTICLE Ill. The objects and pur-
poses of this corporation are declared
to be: To conduct and carry on u gen.
eral freight forwarding and freight haul
ing business; to do general commission
and agency business, anu do any and
all needful and necessary things con-
nected with or incident to the above
objects and purposes; to carry on a gen
eral insurance business agent, broker
or general agent for insurance companies
doing a life, fire. accident, health, ma
rine, compensation and liability, or any
other form Of INSURANCE authorized TO be
carried on now or hereafter by the State
of Louisiana; to act as ship or steam
ship agent; to act as ship broker or
ehartering agent; to book cargo for ac-
eeount Of the corporation, or for others.
and to do any and all acts necessary
or incidental to carrying out said objects
and purposes. This corporation shall
personal or mixed property, to deal in
same, to hold or sell same at Its con-
venience, and to do any and all things
needful or necessary connected with or
germane to the objects and purposes set
forth or contemplated in this charter.
ARTICLE Nv. The corporate powers
of this corporation are expressed and
set forth by Section Z Of Act 267 of the
Louisiana Legislature of 1914, and all
corporate powers shall be duly employed
by and vested In a board of five direc-
tors, a majority of whom shall constitute
a quorum for the transaction of all bust
ness. The first Board of Directors shall
consist of and be: William =. Ross, 602S
Freret street, New Orleans, La; James
A. Ross, 72S Gravier street, New Orleans.
La; w. ID. Hunt, TBS Gravier street.
New Orleans, La; Louis r. Hoover, APO
La, and Karl Ledbetter. 2O13 Palmer
avenue, New Orleans, La, and from
such Board there shall be elected three
officers, namely, President, Vice
President and a Secretary Treasurer, and
William p. Ross shall be President
Louis r. Hoover shall be ce-President,
and James A. Ross shall be Secretary
Treasurer, and the said board and off,
GERS shall serve as such until the third
Wednesday in January, 1929 or until
their successors are elected and qualified.
Meetings of the stockholders for election
of directors shall be held yearly, on the
third Wednesday In January, beginning
with the year 1923 sthe Board of Direcs
tors shall have the right to elect, with
out reference to a stockholders meeting,
any stakeholder to be a director, when
ever n vacancy shall exist the Board
OF Directors through death or resigna-
ton. The duties Of the several officers
shall be set forth In the bylaws of the
corporation, which may be adopted by
the Board of Directors and amended or
altered at their will.
ARTICLE v. Before any stakeholder
shall sell or dispose Of his stock In the
corporation, he shall give thirty days
written notice Of his intention to do so
to the corporation, during which thirty
days the corporation Itself shall have the
power OF purchasing the stock at its book
value
ARTICLE VI No stakeholder of this
corporation shall ever be liable for any
debt Of the corporation other than the
unpaid portion of their subscription OF
stock, and no informality herein shall
subject them to such liability.
ARTICLE VII. Amendments to this
charter and liquidation of the corpora
ton shall be subject to the rules laid
down In Act 267 of the Louisiana Leg
islature Of 1914. The capital stock of
this corporation may be Increased by
amendment Of this charter to any sum
not exceeding One Hundred Thousand
Dollars $500, 000.00).
Thus done and signed on the day and
late first bereinabove written, in my
notarial office, in the City of New Or
leans, In the presence of c. o. Sperier
and 4. l.. Bordelon, competent witnesses,
ana me, Notary, after a due reading OF
the whole, the subscribers setting oppo.
site their names the amount they sub
scribe for, making this an original
subscription list.
Original signed: VIM p Ross. 6O2s
Freret Street, New Orleans, Dos shares.
Jas. A. Ross, COPS Freret street, New
orleans, 40 shares; L. r. Hoover, SO1g
Jeanette Street, New Orleans I share:
w. ID. Hunt, 1928 Audubon Street, New
Orleans, l share: X. J. Ledbetter. 2Ol3
Palmer Avenue, New Orleans, share.
Witnesses:
c. o. SPERIER,
Il. l.. BORDELON
A true copy Of the original on file In
WARREN v. MILLER.
Notary Public.
/, the undersigned Recorder of Mort
cages, in and for the Parish Of Orleans.
State Of Louisiana. do hereby certify
that the above and foregoing Act of In
corporation Of the WILLIAM p. ROSS.
INC, was this day duly recorded in my
office in book 1858 folio 123
New Orleans. March z, 1922.
(Signed) ROBT. SCOTT,
Dy. Rec.
Apr. 6-May II
aCr M a,rr~D~rvNr M ruaprrD