The herald. [volume] (New Orleans, La.) 1905-1953, 1922-02-02
CHARTER.
.Y n NAPLES CO., INC.

Chad, S.ates of America, State OF Lou
UniteIp .r;sh of orleans, Clty OF view VI
isiana' pa n known. that on TINS tne aan
leans. The month OF January, IN hn,Srsd
day Oh ~ Iord. one thousand, niue hunoLeu
Of Our LoIu ono and of the Independence i
and tWen'.. "A states or america, the one
Of the chn.d forty sixth; before me,
hunoIsuud II. Saal, a Notary fuViir, uuiS
Rymsvnsioned and quallhed Ml'his anu
CONN., e parish Of orleans, ,ha re-
for tne ,hsrein residing, ana IN the pres,
isiana, up witnesses hereinafter named
ence OF lnn;S,ned. personally came ana ap- /
and uhu .bs several persons whose names
peared, ,,nto subscribed, who seVerany
are ,S that availing themselves OL sne
declareu "a provisions or the Constitution
benefits anu ~ Louisiana, and of the laws
OF the Sss.ats relative to the organization
OF SAID sa,;ans and particularly OF the
Of eoitp pos of Act No. 2oi Oh the ueheIaI
pro'lsh,x of the State OF Louisiana Ior
Asse ,asr 1914 and the amendments "a ~
the yen contracted and agreed anu
they na' torm and do. by these presents
united ~ ad agree and bind and obhgate
cobue1-as 70 form. organize anu couStlz
theh Themselves as well as All such otnei
TUE who may hereafter JON OF DC
PelsV associated with them OF men SUI
come into stock corporation anu
cessors, ii,ic I'm law, for the objects ana
BODY - and under the CONDITIONS cove
pull stipulatiens and agreements VI '"e
nA,,eIes following. to-Wlt'
.pgIcIE 1.-The name and tue Oh tIlls
Ahation shall be: Nv. ID. Naples Cos
eorP"V nd under and by said name, unless
Inc a dissolved in accordance with law
sooner oharter il shall exist and con-
ana u md shall have and enjoy corporate
unus, a. and succession for period OF
ehllsssr.nine 1891, years from ana aIier
nine.J a,e N this act. 1t may nave hoid'
Wy borrow, loan, exchange, MCGUIRE
nv grant, gift or purchase, ueasse o 0r
" sell ALLEVIATE dispose OF, convey
ques" pledge pawn, hypOthecate, encum-
ieas', mortgage property of any klnd'
ph.,Sar real personal, or mixed, cor
asoal ar incorpOreal, movable OF IhnoN-
psis al subject to such limitations as may
b. prescribed by law IL NAY H and other
endorse bonds or notes anu otner
anu s.oess III debt II may accept mort
.sss hedges or other forms oil security
semoney loaned or other debts. IL may
~, sue and be sued, plead OF De
SmnIeaded by its corporate name IN any
Unit III competent jurisdiction. III may
ecuIa odont and use corporate seal and
n,tsr or break the same at pleasure IL
Ais hoid stock in other corporations, ana
i.s seanital stock may be issued Tor capllai
.,oek az other corporations. IL may hahie'
snpoint and employ such managers III
nIoves as its interests, business ana con
P1;;oncs NAV REQUIRE, and may fix their
somnensation, having due regard 10 the
ns,nre character and value OF their serN-
80 n NAV make and establish bylaws,
Is and regulations not inconsistent with
i ui .harter or any existing law, fixing or
.,,s,,ng the management Of its property,
~ regulation and government OF its ar
tairs and the manner OF the certl1lcation
I'D REGISTRATION OF its stock. Ii may Wlhu
m and dissolve itself, or be wound up
I'd dissolved in the manner prescribed py
s s n NAV conduct business in this
STATE other States, the Federal Districts,
,be Territories and possessions OF the
t,n,,ed States. and any foreign country
n shall have the power TO invest It's
hard OF directors with all or ITS cor
narste movers subject to such restrictions
NAV he named in this charter. And
n generally shall have and possess al
The powers rights, privileges, and I'M
munities which corporations are ana may
hereafter be authorized 70 have ana pos
sess under the Constitution ana the law
AZ This State and particularly under Act
NJ az of the Acts of the General AS
sembIy OF the State OF Louisiana Tor the
wear 1914 and the amendments thereto
ARTICLE 1.-THE dOmicile of this cor
marathon shall be the City or New Ut
leans, Parish OF Orleans, State OF Lou,
isIana. and all citations or other legal
process shall be served upon the, pres y,
dent OF this corporation or In case OF
his absence upon the vice-president or IN
the absence of both Of these officers upon
The secretary treasurer of this corpora
ton.
ARTICLE HI.-The objects and pur,
poses for which this corporation Is formed
and the nature Of the business to be car
ried on by 1t are hereby declared to De
To buy, sell import, export and generalls
trade aud deal in or with, either for it'
own account or as agent or otners' al
kinds Of real and personal property ou
seed. the by-products thereof, ana al
articles or things connected with and col
lateral thereto; to gin, clean, assert
grade. and /or bale and /or compress COT
ton. cotton nnters, or seed; to carry OF
the business OF general warehousing II
ali its several branches. and to- issu
certificates, negotiable or otherwise, Z
persons warehousing goods with II, an
10 make advances or loans upon the SC
curity Of such goods land generally Z
carry on any other business which unde
the law II may be entitled to carry or
which may seem to the corporation to b
calculated directly or Indirectly to effec
the aforesaid objects and purposes, o
either of them. or to facilitate the cor
poration in the transaction Of It's afort
said business or businesses or any par
thereof, or In the transaction OF any othe
lawful business that may be calculate
directly or Indirectly to enhance the valu
Of or TO render profitable any OF the col
porations property and right. and ger
orally TO hold and exercise all such IL
cidental powers and privileges and to q
and perform all things as relate to On
objects and purposes hereinabove set fotl
or as may be needful, necessary, prope
useful. or convenient for affecting sal
objects and purposes, or either OF then
ARTICLE Iv.-The authorized capit'
stock Of this corporation is hereby n xe
a and declared to be the sum or f1ft
Thousand Dollars (S5O,000.0O) which cal
ital stock may be increased in the maj
nef provided by law to the sum OF Tw
Hundred Thousand Dollars (S200,OOOOO).
The presently authorized capital stoc
Of this corporation shall consist OF OF
housand 10000 shares Of the par val.
Of hfty dollars ($50.00) each; 1t shall
represented by certificates, shall be III
paid and worcestershire when issue
shall be issued only for labor done I
nor property actually received, or for cas-
70 DO paid at such times and In sue
amounts and after such notice as may
determined by the board of directors, AZ
snall be personal, property. No transf
OF said capital stock shall be bindir
upon this corporation unless made In a
eordance with its charter and bylaws, al
recorded on the books thereof.
ARTICLE v.-No stakeholder may sc
assign or transfer his stock In this co
porau0n without giving to the other stoc
helders, through the secretary-treasur
q this corporation. notice in writing
nch Intention, and the other stockholde
mail have the right for period Of thir
Gays from the delivery Of such notice
ne secretary treasurer, to purchase
Or any part Of the stock Of such stoc
noider for cash at the book value there's
after which thirty days the said sto
may Do sold without restriction.
whenever the employment of any stoc
so,aer BY this corporation is terminate
Ssner BY death. resignation. dismiss