The herald., 1922-04-13
CHARTER.

served upon the President, or, In his
absence, upon any other officer Of the
| corporation
! ARTICLE III.-The objects and pur-
poses for which this corporation is or
1 ganized and the nature of the business
| to be carried on by 1t, are hereby declared
| to be: To conduct a hauling and drayage
business, for the transporting, forward
| ing and delivering of goods, wares, mer-
chandise of all kinds and description; 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-
srabe In furtherance of the above OBJ
| jects and purposes.
ARTICLE Iv.-The capital stock Of this
corporation shall be Fifteen Thousand
Dollars. ($l5OOOOOJ, divided into and
represented by One Hundred and Fifty
| (l50) shares of the par value OF one
Hundred Dollars, (S1OO.O0l each, which
shall all be Common Stock, fully paid
and non assessible.
No stockholder 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 De anu SOlu Oh the pubhS
market.
The capital stock of this corporation
may be increased to the sum OF One Hun
dred Thousand Dollars, or any part there
Of is provided by law.
The corporation shall be and become
going concern as soon as 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 Board of Directors to be
composed Of three stockholders, a major
ty 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 cast in
person or by written proxy. Failure TO
select the Board of Directors as herein
provided shall not work a forfeiture of
this Charter, but the old Board of Di-
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
his proxy.
The officers Of this corporation shall
be a President 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, 1923. or until their successors
are duly elected and qualified, shall con-
sist of Arthur Albert Hebert, whose
post office address is 216 South Lopez
Street, New Orleans, La; William NJ.
Anderson, whose post office address is
1919 Oak Street, New Orleans La, and
Shirley A. Balendonck. whose post office
address is 1919 Oak Street. New Orleans:
La; of which William NJ. 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-
tons. 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 it shall have and exercise
e all the powers conferred by Act No. 26'
= ARTICLE vI-This act of incorpora-
tion may be amended, altered or modified
: or the corporation dissolved at any time
5 by complying with the provisions of The
3 ARTICLE Vino stakeholder shall
ever be held liable for the contracts 6I
: faults of this corporation In any further
{ sum than the unpaid balance due the cor.
e poration on the shares of stock subscribed
: for by him, nor shall any mere informal
ity in organization have the effect OF
p rendering this Charter null, or of ex'
) posing any stakeholder to any liability
beyond the unpaid amount remaining duo
| ARTICLE vIII.-At the expiration OF
this Charter, or the earlier dissolution
of this corporation, its affairs shall bs
\ liquidated by two commissioners to bt
elected by the stockholders in accordance
with law, and said commissioners are
: thority to sell any and all assets and
q property. real, personal and mixed. o.
Z this corporation, and to convey full and
complete title thereto; and to DO am am
q essential to a full and complete liIuida
e ton of this corporation, and to distribute
the proceeds, If any. In the event of the
death inability or resignation of eithel
!. of said commissioners the survivor shall
continue to act and be likewise vested
; with all the powers herein mentioned.
K Thus done and passed, in my office a.
/. the City of New Orleans. on the day
a 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 o
: this city, who have signed these presents
J, together with said appearers ana me
I Notary. after due reading Of the whole.
/ (ORIGINAL SIGNED):
8 W. NJ. Anderson, Shirley A. Balendonck
n A. A Hebert. Chas. Leblanc, c. u Lauve
h JOSEPH SINAI,
Notary Public.
/, the undersigned Recorder Of Mort
cages, in and for the Parish OF Orleans
q state Of Louisiana, do hereby certify tina
e the above and foregoing Act of Incorpora
ton of the Reliance Forwarding x Trans
v portation Co., Inc, was this day dui
Il recorded in my office, in Book 126S Foh
127.
New Orleans, March 10. 1922.
(Signed) ROBT. SCOTT,
Deputy Recorder.
= A true copy:
> JOSEPH SINAI,
Notary Public.
Mch 23-Apr %.
n u