The herald. [volume] (New Orleans, La.) 1905-1953, 1922-01-26
CHARTER.
N NAPLES CO., INC.

CRATER OF W. ,nerica state of Lou
United staIes orleans, city Of New Or
isiana, Parish Enown. that on this the 4th
leans Be iu1,onth OF January, IN me year
day OF tne one thousand. nine hunureu
AZ our LoLu - and of the INDEPENDENCE
and tWen9 States or america, the one
Of the and forty sixth u ttvie III,
bgndred u saal, Notary fuOHc, uuiS
RaymonIGo and qualihed MI'hlH anu ,'
con .he parish Of orleans, in tho nres-
for tne herein residing, .ud III ,le It.o,
islana, tn M witnesses hScinaitcr named
ence Oh lntrned, personally came ana aP-
and Un0et, 7several persons whose names
reared, tne subscribed, who severally
sre nei that availing themselves OF the
declsreu nd provisions or the 'ohslIIu non
benefits safe of Louisiana, ana OF tn' Jaw
Of tnS ma state relative TO thr orE"" 90 ~
OF salo SLAMS and particularly OF tht
OF eoIpoaf Act No. 2nI of the heherdi
provisions - the State Of Louisiana lur
Assembly, ,oJI and the amendments thereto
the year I'4 rnntracted aud agreed ana
they nav. I'm and do. by these presents
united " and agree AMI bind ana oOhSate
eOnuA,-as 10 form, organic anu 'o.S S
then Themselves, as wei as al Hu'" VI ~,
tute vbo may hereafter JON or oe-
persons .ocjated with them or their sue,
cone assy ntc stock corporation ana
cessors' ,i,ic in law, for the objects ana
boo! ~ and under tie conditions CoNe-
representations and agreements OF the
bDs,;cIes following. to-"l''
",prIcLE 1.-The name and title OF TINS
AhIi,yon shall be: w. u. Naples Co.
eorPsOi md under and 10y said name: unless
lnc. dissolved in accordance WIN Ia"
@VH mis- charter. it shan exist ana con
~ slIrs and shall have ana EMO! iP"1 nc
uIu ,.nce and succession for peTlou OF
eIls.en zinc (g9D. years from and after
nlne'! ~ mis- act Ii may have, hold,
the ua' horrow. loan. exchange, acquire
leCn,t gift or purchase, devise or De-
G SeIl' ALLEVIATE dispose OF, convey
ques' nledge. pawn, hypothecate, encum-
a, mortgage property Oh any hlhu'
ho,ber real, personal or hllAeu, Cor
W.T. ar incorpOreal, movable or lhlIhON-
poieau suhiect TO such limitations as may
sOs anal,crihed BY law. Ii may make, issue
DC Pdorss bonds or notes and other
an ,i.nces of debt. Ii may accept mort
e'e'a' nIadges or other forms or security
k@oney loaned or other debts. IL may
p I she and be sued, plead or De
tssV'nIsaded by its corporate name IN any
N.Y., N competent jurisdiction. IL may
court oaont and use a corporate seal and
man' - break the same at pleasure. III
ahe LA stock in other corporations, and
NAY nJ,sI stock may be issued for capital
~ az other corporations. Ii may name
s~noint and employ such MANAGERS, Ill
.tI,ors officers, agents ana Other EN-
nIoves as its interests, business ana con
Ppa.,snce NAV require, and may fix their
'ene.usotIon having due regard to the
.ars character and value Of their serv-
iIn. II may make and establish bylaws,
- and regulations not inconsistent with
IA charter or any existing law, liking OF
sI,s,ng the management of its property
,hs regulation and government OF It's az
airs and the manner of the certiflcatlon
"a ,egistration of it's stock. 1t may wlnd
anu "a dissolve itself, or be wound up
"a dissolved in the manner prescribed by
sa~ N NAV conduct business in this
s,sts other States, the Federal Districts,
ths Territories and possessions OF the
RATED States, and any foreign country.
n shall have the power 10 invest lts
hoard OF directors with all OF its cor
porate powers, subject to such restrictions
- NAV be named in this charter. And
n generally shall have and possess all
ths powers, rights, privileges, and I'M
muuities which corporations are and may
hereafter be authorized 10 have ana pos
ssss under the Constitution and the laws
Of this State and particularly under ACT
No. 267 Of the Acts of the General AS
sembly OF the State OF Louisiana 1or the
year 1914. and the amendments thereto.
ARTICLE 1.-THE domicile OF this cor
marathon snail DE lue Nllg VI ~NN" Va
leans. Parish Of Orleans, State OF Lou.
isana. and all citations or other legal
process shall be served upon the presl-
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 ecretary-treasurer Of this corpora
ton
ARTICLE III.-The objects and pur-
poses for which this corporation is formed
and the nature Of the business to be car
hed on by II are hereby declared TO De
To buy, sell, import, export and generally
trade and deal I'm or with, either for Its
own account or as agent OF others, all
kinds Of real and personal property, put
particularly cotton, cotton hnters ana
seed, the by-products thereof, and all
articles or things connected with and col
lateral thereto; to gin, clean, assert,
grade, and Tor bale and /or compress cot
ton cotton linters, or seed; to carry on
the business OF general warehousing In
all It's several branches, and to issue
certificates, negotiable or otherwise, to
persons warehousing goods with II, and
to make advances or loans upon the Sc
eurlty Of such goods land generally TO
carry on any other business which under
the law IL may be entitled to carry on,
which may seem to the corporation TO be
calculated directly or indirectly to effect
the aforesaid objects and purposes, or
either OF them. or to facilitate the cor
poration In the transaction of Its afore.
said business or businesses or any part
thereof, or in the transaction of any other
lawful business that may be calculated
directly or Indirectly to enhance the value
Of or to render profitable any Of the cor
poration's property and right, and gen
eraly to hold and exercise all such In
eidental powers and privileges and to dc
and perform all things as relate to the
objects and purposes hereinabove set foth,
or as may be needful, necessary, proper,
useful or convenient for affecting said
objects and purposes, or either of them,
ARTICLE IV.-The authorized capital
stock Of this corporation is hereby fixed
Al and declared to be the sum of Fifty
Thousand Dollars 50,000.0O) which cap
hal stock may be increased in the man.
nef provided by law to the sum of Two
Hundred Thousand Dollars $500, O00.O0).
The presently authorized capital stock
Of this corporation shall consist Of one
thousand 1000) shares Of the par value
Oh nifty dollars $4,000 each; IL shall be
represented by certificates, shall be full
PAD and worcestershire when issued
snail be issued only for labor done OF
iof property actually received, or for cash
m.be paid at such times and in such
smoants and after such notice as may be
ue'ermined by the board of directors, and
snail be personal property. No transfer
o. said capital stock shall be binding
upon this corporation unless made in &c.
eordance with its charter and bylaws, and
recorded on the books thereof.
ARTICLE V.-No stakeholder may sell
assign or transfer his stock in this cor
po,stlon without giving to the other stock
holders. through the secretary-treasureI
THIS corporation, notice in writing OF
ssen intention, and the other stockholders
suail have the right for a period of thirty
Ways from the delivery of such notice tC
me secretary treasurer, to purchase al
any part Of the stock of such stock
sslaer for cash at the book value thereof
~.ef which thirty days the said stocl
nay De sold without restriction.
whenever the employment Of any stock
holder by this corporation Is Terminated