The herald., 1922-04-06

CHARTER.

served upon the President, or, In his
absence, upon any other officer OF the
ARTICLE II-The objects and pur
poses for which this corporation is or
ganized and the nature of the business
to be carried on by ii. are hereby declared
TO be: To conduct a hauling and drayage
business, for the transporting, forward
ing and delivering of goods, wares, 1ner-
chandiSe Of all kinds and deScrlptlOh' 10
acquire and take over the business car
ried on by any person or persons conduct
ing "A similar business, and in connection
Herewith to purchase the good Will, bust
ness and all or many of the assets and 10
undertake to assume all or any of the
liabilities of the owner of such business
and generally to do any and all things
and matters necessary, convenient or de
siTable In furtherance of the above OBJ
jectS and purposes.
ARTICLE IV.-The capital stock of this
corporation shall be Fifteen Thousand
Dollars. (Sl5.OOOOOJ, divided into and
represented by One Hundred and Fifty
(lJ0D shares of the par value OF one
Hundred Dollars, (SlO0OOl each, which
shall all be Common Stock, fully paid
and worcestershire.
No stakeholder shall sell or otherwise
dispose of his stock without first offer
ing, il in writing to the body of Stock
, holders through the Board of Directors.
as its book value, and the stockholders
, shall have fifteen days within which TO
; accept or reject such offer before same
D market.
The capital stock of this corporation
| may he increased to the sum of One Hun
4 dred Thousand Dollars. or any part there
2 Of as is provided by law.
/ The corporation shall be and become
( a going concern as soon as fifty per cent
t of its capital stock shall have been sub
scrbed
: ARTICLE V.-.All the corporate powers
{ of this corporation shall be vested in and
: exercised by Board of Directors to be
OF. hnlst IN n InT
9 ity of whom shall constitute quorum
I for the transaction of business:
4 The Board of Directors shall be elected
r annually on the Tuesday after the first
n Monday in March in each year at meet
ing of stockholders to be held on that
. day. All elections shall be held by bal
n lot and each stakeholder shall be en-
= titled to one vote for each share OF stock
f standing in his name on the books OF
the corporation, this vote TO be cast in
@ person or by written proxy. Failure TO
K select the Board of. Directors as herein
h provided shall not work forfeiture of
n this Charter. but the old Board of Di-
rectors shall remain in office until their
II successors are duly elected and qualified
q Any Director who is not able to attend
II any meeting of the Board of Directors
J. has the right to appoint, in writing. an
other member of the Board to act as
l. his proxy. .
l. The Officers of this corporation shall
/. be a President. a Secretary and Treas
: urer, and a VicePresident; any two of
,. the offices, excepting that OF fresluehl
t. may be combined; the Secretary need not
be a stakeholder of the corporation.
V The First Board of Directors TO serve
: until the Tuesday after the first Monday
h are duly elected and qualified, shall con-
n sist of Arthur Albert Hebert, whose
post office address is PIG South Lopez
:. Street, New Orleans. La; William VI
L Anderson, whose post office address j.
n 1919 Oak Street, New Orleans La. and
II Shirley A BalendOnck. whose post office
e address is 1919 Oak Street. New Orleans
La; of which William NJ. Anderson shall
n be President, Shirley A. BalendOnck
II shall be Vice-President. and Arthur Albert
" Hebert, shall be Secretary and Treasurer
Il Any vacancy in the Board of Directors
h of said Board from among the stock
le holders.
J. The Board of Directors shall have the
" power and authority, by proper resolu'
e. lions. to sell, ALLEVIATE. lease, dispose of
IS mortgage. hypothecate, and pledge any
y kind of property owned by the corpora
,e ton, either in whole or in part upoi
such terms and conditions as in its judg
n ment may be deemed proper; to purchase
a. lease. and otherwise acquire any property
II for the corporation, either for cash oil
s. upon terms; to make loans. borrow
d money. issue notes and other obligation,
the same in any manner permitted by
II law: in fact il shall have and exercis,
he all the powers conferred by Act No. 26'
,e ARTICLE vI-This act of incorpora
ton may be amended, altered or modified
n or the corporation dissolved at any tim'
is by complying with the provisions OF ~
Ie ARTICLE Vino stakeholder shat
ever be held liable for the contracts g
a. faults of this corporation in any furthe
Of sum than the unpaid balance due the cor
ne poration on the shares of stock SUBSCRIBED
d. for by him, nor shall any mere informal
l. ity in organization have the effect o
SO rendering this Charter NULL or of ex
RS posing any stakeholder to any liabilit!
beyond the unpaid amount remaining du
A. on his stock
o. this Charter, or the earlier dissolution
L of this corporation, its affairs shall b.
tn liquidated by two commissioners to b
a. elected by the stockholders in accordance
in hereby invested with full power and au
i. thority to sell any and all assets sn'
in property, real, personal and mixed.
of this corporation, and to convey full AM
r complete title thereto, and to do an
TO perform all, every and any act or act
I'd essential to a full and complete liluida
be ton of this corporation, and to distribute
the proceeds, If any. In the event OF IN
death inability or resignation of eithe
c Of said commissioners the survivor shall
continue to act and be likewise ves'e'
s; with all the powers herein mentioned.
lk Thus done and passed, in my office. a
7 the City Of New Orleans. on the day
m month and year herein first above writ
ten. in the presence Of Messieurs Charlie
Leblanc ana clarence d. l@duNc, cVIhPc'cn
witnesses, of lawful age and residents o
T. this city, who have signed these present
IS together with said appearers and me
at Notary, after due reading Of the whole
"a. (ORIGINAL SIGNED:
as W. NJ. Anderson, Shirley A. Balendoncf
in A. A. Hebert, Chas. Leblanc, C. }. Lauv'
ch JOSEPH SINAI.
Notary Public
!. the undersigned Recorder of Mort
cages. in and for the Parish OF Orleans
ng State of Louisiana, do hereby certify tina
he the above and foregoing Act of 1ncorpora
ton of the Reliance Forwarding x Trans
nv portation Co, Inc, was this day dull
of recorded in my office. in Book 126S, FOIL
% 127.
New Orleans, March 10. 1922
(Signed) ROBT. SCOTT,
Deputy Recorder.
. A true copy:
D. JOSEPH SINAI.
Notary Public.
AZ 81 An