The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-20
CHARTER.

served upon the President, or. In his
absence, upon any other officer Of the
ARTICLE IH.-The objects and pur
poses for which this corporation Is or
ganized and the nature of the business
to be carried on by IL. are hereby declared
TO be: To conduct n hauling and drayage
business, for the transporting, forward
ing and delivering of goods, wares, mer-
chandiSe of all kinds and deScrlptioni 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 To
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-
sirable in furtherance of the above OBJ
jects and purposes.
ARTICLE IV.-The capital stock OF this
corporation shall be Fifteen Thousand
represented by one Hundred and Fifty
CljOD shares of the par value of One
Hundred Dollars. slOOOO each, which
shall all be Common stock, fully paid
and nOn-aSsesSible.
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
may be offered and sold on the public
market.
The capital stock OF this corporation
may be increased to the sum Of one Hun
drrd Thousand Dollars. or any part there
Of. as Is provided by law.
The corporation shall he and become
a going concern as soon fifty per cent
of its capital stock shall have been sub
scribed.
ARTICLE v.-An the corporate powers
of this corporation shall be vested in and
exercised by a Board of Directors To he
composed Of three stockholders, a major
ity Of whom shall constitute a quorum
for the transaction Of business.
The Board Of Directors shall be elected
annually on the Tuesday after the first
Monday in March in each year at a meet
ing of stockholders to be held on that
, day. All elections shall be held by bal
| lot and each stakeholder shall be en-
titled TO one vote for each share Of stock
standing in his name on the books OF
the corporation, this vote To be east in
. person or by written proxy. Failure 70
; select the Board of Directors herein
! provided shall not work forfeiture of
! this Charter but the old Board of hi
rectorS shall remain In office until their
successors are duly elected and qualified.
Any Director who is not able TO attend
any meeting Of the Board OF Directors
has the right to appoint in writing. an
other member Of the Board TO act as
g.. his proxy.
The Officers OF this corporation shall
be a President. a Secretary and Treas
.
the Offices excepting that of President
may be combined; the Secretary need not
. be a stakeholder Of the corporation.
The First Board OF Directors to serve
until the Tuesday after the first Monday
in March, 1928. or until their successors
are duly elected and qualified, shall con-
Sist OF Arthur Albert Hebert whose
I post office address is 216 South Lopez
Street, New Orleans. La; William VI.
, Anderson, whose post office address Is
1919 Oak Street, New Orleans La, and
! Shirley \. Balendonck. whose post office
, address is 1919 Oak Street. New Orleans.
La; of which William VI. Anderson. shall
be President. Shirley A. Balendonck.
shall be Vice President. and Arthur Albert
| Hebert, shall be Secretary and Treasurer.
Any vacancy in the Board of Directors
may be filled by the remaining directors
of said Board from among the stock
holders.
The Board Of Directors shall have the
power and authority. by proper resolu-
ti0ns, TO sell. ALLEVIATE. lease, dispose of,
mortgage. hypOthecate, and pledge any
: kind of property owned by the corpora
, ton. either in whole or IN part, upon
such terms and conditions as in its judg-
ment may be deemed proper; to purchase.
lease. and otherwise acquire any property
/ for the corporation, either for cash or
= upon terms; to make loans. borrow
money. issue notes and other obligations
the same in any manner permitted by
law; in fact II shall have and exercise
? all the powers conferred by Act No. 26'
of 1914.
; ARTICLE vI.-This act OF incorpora-
tion may be amended, altered. or modified
= or the corporation dissolved at any time
; by complying with the provisions of the
? laws of this State.
? ARTICLE Vino stakeholder shall
ever be held liable for the contracts or
faults Of this corporation in any further
( sum than the unpaid balance due the cor
p poration on the shares of stock subscribed
for by him, nor shall any mere informal
= ity in organization have the effect of
> rendering this Charter null, or of eN-
) posing any stockholder to any liability
beyond the unpaid amount remaining due
on his stock
| ARTICLE vIII.-At the expiration of
this Charter, or the earlier dissolution
Of this corporation, its affairs shall he
! lduidated by two commissioners to he
elected by the stockholders in accordance
with law, and said commissioners are
thority to sell any and all assets snd
! property. real, personal and mixed. OF
I this corporation, and to convey full and
complete title thereto, and to do and
| essential to a full and complete liIuida-
e ton of this corporation, and to distribute
the proceeds. II any. In the event OF the
death inability or resignation Of either
of said commissioners the survivor shall
continue to act and be likewise vested
4; with all the powers herein mentioned.
( Thus done and passed, in my office; at
the City of New Orleans. on the day,
4 month and year herein first above writ
ten. in the presence of Messieurs Charles
Leblanc and Clarence J. Lauve, competent
witnesses OF lawful age and residents OF
this city, who have signed these presents
together with said appearers and me-
I Notary. after due reading of the whole.
ORIGINAL SIGNED):
: w. NJ. Anderson, Shirley A. Balendonck
4 A. A. Hebert. Chas. Leblanc, c. J. Lauve
\ JOSEPH SINAI,
Notary Public.
i, the undersigned Recorder of Mort
cages. in and for the Parish Of Orleans
? State OF Louisiana, do hereby certify that
2 the above and foregoing Act Of lncorpora
ton of the Reliance Forwarding & Trans
' pOrtation Co., Inc, was this day duly
Z recorded in my office, in Book 126S. Folio
J. 127.
New Orleans, March 10. 1922.
(Signed) ROBT. SCOTT,
Deputy Recorder.
- true copy:
= JOSEPH SINAI,
Notary Public.
Mch 23-Apr 81.