The herald., 1922-08-10
CHARTER.
Az SAUNDERS

ts6'oreans. De month of July, IN tne
", Of the me, Herman l.. Bar
y sgss before Public, duly comm rs
~ NotalgysIiied, in and iGr tns
~, and au state of Loulslaha,
90 Of Orlea osence Of The witnesses
rsu the P,ed and undersigned, pei per-
e..sftsr and appeared tne Ser SnbI
e.ry cane names are h ereumto that
s.srs Who's severally declarr rnvisions
80. .ssnSmselves af I Native TO the
eSing Of this state state teia and partic-
bt hs Of corporatloETsc.r GENERAL Assem-
,sbifsiiOaac At 2e7 Of the ,is,ana for the
tIr the s,S' acts amendatory, there9L,
W iol4, ana ac,ed and agreed ana 90
~ ,sye contIa.s contract and agree
~ .ssse presenta themselves, and such
", and obhs NAV become assoclateu
", persens sorm and organize cor.
o. hen, 20 Sv politic in law, Tor me
~, and pou oses and under the con-
80 snd piS and stipulations OF the
'.5tes fonO The name and title OF
''prICJE L shall be Newman, saun-
= eorporauOn and under its corporhte
Co. inv lave mower and authorlty
". II shal corporate existence anu
n sball envy, The full term ana pet,ou
p..ssiOn for yaars from ana al'sI
Z sIasty- ern,ess sooner dissolyeu ~
- bsreOf' 18th law and TINS ci .n 30
ss,asnee WI" mower and authority TO
shsn ns' sue and be, sueu' 70 hraol.
Srrsct; 70 oo,norate seal. ana 10 ore an
a us : ne same at pleasure; 10 sell.
4 sltef live, hold, use. III" hynothe.
rir exchange pledge Pa " any kind
bfis. mortgage pfopss'" II shall have
~ mInnal or mixed. IL nse. nc
'.Ssr and sn nrse bonds. notes or otn
=, ,nd enoo ~ indebtedness, ana ~
" ,ddences U U mortgages, pledges OF
II, and e, y, security for money loaneu
N, forms o,,ctcd, 1t may hold stocE
i,bts contlrat,ons, and its capita,
dbsr issued for the stock ,o OF
81 nay Vi II may. out OF ns
An a.nrnIus and profits. when
.sruulated Nv law. acquire It's own
q prohibile,a az reissue the same. u
~ and ho n,unnaint and employ such
~ psne ,seers agents and employ
,slsgers. oi,n,orests may require, ana
= d Us ,s,r compensation. " MAY nnS
~ IL Establish bylaws runs ah,'
r,tt sno NOT inconsistent WIN oorry I'LL,
rrl'iions .Isting law. II may am IN
sfts s or in this country vi and
~ sauntries. In huui ory enu-
trn ,lmitation because oil limitations
dfseIs nowers, except SUN a. shall
rsnl by law prescrip r;nbts now
lw snd ass and immunities whlrn
n privlese now or hereafter ne
srpsr1tions " exercise and as may DC
rihersed "a nroper for the proper
rssssr sHs and regulation OF its Dusi-
- IT The domicile OF THIS
B1lgLh hal, be In the city OF New
| rps'fnoa .,,sh of Orleans, state OF
nssns IA al citation or other IegaI
| lssssna, M he served upon the PRES,
vstss IN, ~. corporation, or In case ol
ngi .he nrrn Vice-PreSident' OF
VI sostn,e ,hs,r absence upon the Sec
| rfr- It'll. oh;octs and pur-
NiNnIx hich this corporation IS es.
~ ~ and created and the nature on
rsfsnea . ss IA he carried on by II are
.,,ss declared to be: III.
a..i In handle. sell ana pleuSe
.,,.. AZ all kinds and characteI
s..ss, financially or otherwise, N tne
49, orranization' or re-organlLa-
AIMS associations, partnerships
m ~,no,at,ous. and to that END 70
.ny undertakings necessary
va m for the furtherance or any
r.,asss' and to take all action and
IN 6naucing incident thereto 20
.,eh,nre- purchase. sell, mortgage
80. seauire or otherwise use vi
"a ,ay securities or Obligations OF
,-s.sees Of Indebtedness; TO acquIIe
IA exchange stocks, bonds, nlortgaEes
iA,tpres and other forms OF securi'
n. IA lend and borrow money ana sc.
. ~ he sane In sucn mauner ant lO'
-. h huy and otherwise deet IN
handle negotiable and non-nego'
az naper: TO guarantee the obigs'
ana AZ other corporations. lrtnersh;ns
~, or associations. and to handle
40. mortgage, purchase, sell, &c,
INV ar otherwise use or dispose OF
~. hands or securities, or evidences
4 hd,btedness; to acquire, hold. lease
rrrhse sell. mortgage, hypothecate
| i,sdk use and deal in real and per
~, uroperty OF all kinds; to develoT
IA ssxist in the CONSTRUCTION and /oi
ss.ticn Of any properties, undertake
N industries or enterprises for trans
vtston' utility and Industrial pur
Nss: 10 carry On the business OF con
| ntsr for the construction Of all works
| ID properties OF public or private use
utlity: to hold, as principal or other
m issue on commission, sell or as
y. Of any OF the properties, under
stse, or resultant Investments: to ex
| rk any and all instruments OF guar
| rirs and FOR OF suretyship, and to ac'
4 sesnt or representative. financial ol
| xirvise, for and on behalf Of any In
tz1ual. Arm. association, partnership
nsporation: to guarantee the per
tmsnce Of any obligation or contrac
tmy Individual firm, association. part
unAIp or corporation, and Tor the pay
Ut Of the interest or dividends o
mia bonds. debentures or other Sc
whites or evidences Of indebtedness o.
~ such Individual, firm, association
uf1ership or corporation and gener
~ to hold. scquire. improve. use, lease
nxsnfs pledge and hypothecate prop
sue real and personal and mixed, nee
rnp to or useful In the carrying OF
sny or Of all the aforesaid forms O
n1nesses and the exercise Of an!
9its powers, duties or privileges In
oint thereto.
MilcLE ". Section /. (a) TIL
qh!l stock Of this corporation is here
Ned At the sum Of three million
zn !SM0000), represented by thirt!
snnd too.000 shares of the pa
Of one hundred dollars $500
said stock shall consist Of ant
aec In two different classes, to
Preferred stock and common stock
The capital stock may be In
70 hve million dollars (S5,000, 0OO
men Increase may be in one o.
ensses OF stock, In such amount
oen class rs may be determine,
Men Increase Is authorized.
en The amount Of preferred
Moulded In the capital stock fixet
80 c,slsion (a) Of Section 1 Of thi
10 hereby fixed at the sun
million dollars $1,000 OO), divid
rSse tnd represented by ten thousand
mares Of stock Of the par valu
hundred dollars (s100) each.
~ IL. he holders of the preferre'
~ mai be entitled to receive, blu
rssss Of the net profits of the cor
~ dividends at the rate Of 81,
Susass W. per annum and no more
qaaner-yearly on the first day
a ,V April. July and October Il
~ the first quarter-yearly divi
q ~ ing payable October /, 1922
- m. dividends upon said preferre'
u s.ss sn De paid or set apart befor
A. msnds shall be paid or set apar
ommon stock Of the corpora
n ssa ,n dividends on the preferre,
ss.n be cumulative, so that 1
&R,'nuon shall fail to pay tn
~ ALL any dividend day, or an
q .t.sol on all Of the then issue,
49, preferred stock, sue
II ~. the dividend shall be full
eiads .s Sishcut interest, before an