The herald., 1922-09-07
CHARTER OF
NEW ORLEANS COMPRESS CO., INC.

United States of America, State OF
Louisiana, Parish of Orleans BE il
known that on this LIST day of the
month of August in the year of our
Lord, one thousand nine hundred and
| twenty-five Uy22), and of the indie.
! pendence of the United States of
America, the one hundred and forty
! sixth, before me- Watts *. Leyerich
! a Notary Public duly commissioned and
qualified in and for the parish of
| Orleans, state of Louisiana, therein re.
Sldlng' and in the presence of the wit
! nesseS hereinafter named and under
! signed, personally came and appeared
! the several persons whose names are
| hereunto subscribed, who declared that
| aVaiIlhs themselves of the laws of
| TINS state relative to the organization
| or corporations. they have coyenanted
and agreed and do by these presents
covenant, agree. bind, form and con-
Sutute themselves as well as such per-
| sons as may hereafter Join or become
associated with them, into a corpora-
ton or body polite in law for the
| OBJECTS and purposes and under the
tO-wit:
ARTICLE I. The name and title Of
this corporation shall be New Orleans
compress Co, Inc, and under it's cor
porate name II Shali enjoy succession
Tor the full term and period of ninety
nine years from and after the date
hereof, and shall have power and
authorlty 10 contract. sue and be sued:
pledges or other hypothecations: to
make and use a corporate seal, and
the same to break and alter at pleasure:
to purchase, receive, lease hold or
otherwise acquire and convey, as we'll
as mortgage and hypothecate under
us corporate name, property, both real
personal and mixed; to borrow money
and make and issue bonds and other
evidences of debt, and to secure the
same by mortgage or otherwise; 10
subscribe to and hold stock in other
corporations; to acquire. hold and re-
issue shares of it's capital stock: to
carry out all of the objects and pur-
poses hereinafter set out; to name and
appoint such managers and directors
ot1lcers and agents as the interest and
convenience of said corporation NAV
require; and to make and establish as
well as alter and amend at pleasure
such bylaws, rules and regulations
Tor the management and regulation of
the affairs of the corporation as NAV
be necessary, proper or convenient:
and generally to do all such other acts
and things as trading corporations are
atutnorlzed to do under the laws of the
ARTICLE II. The domicile of this
corporation shall be in the parish of
dreams, = state of Louisiana, and all
CITATIONS or other legal process shall
be served upon the president Of the
company; or. in his absence, upon the
vice-president.
AR ARTICLE III. The objects and pur-
poses Tor which this corporation is
organized and the nature of the bust
ness to be carried on by it are hereby
declared to be: To conduct a cotton
COMPRISING, storage and warehouse
business; to carry on the business of
public warehousemen, and to issue
warehouse receipts, negotiable and/or
non-negotiable; to do a general COTTON
merchandising and export business: to
export and deal in cotton and other
agricultural products, spot and future:
TO purchase, hold, improve, develop
deal in and dispose of real and Ior nar-
sonal property; TO exchange its entire
capital stock. or any part thereof. for
property which it is authorized 70
acquire; to exchange FITS entire assets
and business, or any part thereof, for
property. stocks, bonds or other obli-
cations Of other companies, firms or
individuals; and generally to do ali