The herald., 1922-03-23
CHARTER OF THE GLOBE TRANSFER


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March 23-Apr %.
CHARTER OF THE GLOBE TRANsfEk
CO.. INC.
United States of America, State of Louis
lana. Parish of Orleans, City of New Or
leans. Be il known, that on this the 18th
day of the month of March, OF the year
of 1922 Before me, Alexis Brian, a no
tary public in and for the Parish OF Or
leans. State of Louisiana, personally came
and appeared the persons whose names
are hereunto subscribed who declared un-
to me, notary, in presence OF the suDscriD-
ing witnesses. that they desire to organize
themselves and such other persons as may
hereafter join them, and their successors
into a corporation, under Louisiana laws,
and that they accordingly adopt the 1ol-
lowing as their charter. to-wlt:
ARTICLE THE name of this corpora
tion shall be the Globe Transfer Co..
Inc" it shall exist for ninety -nine years
from this date, unless sooner dissolved
Its dOmicile shall be in New orleans
Louisiana, where all legal processes shall
be served on it thru its president or IN
his absence, upon its secretary
ARTICLE II-Said corporation may
have hold lease, purchase, sell, mortgage
or pledge property of any kind. IL may
borrow or lend money upon security ana
endorse for other persons or corporations;
1t may sue and be sued and may have ana
use a corporate seal. Ii may have all such
other rights and powers as are now or
may hereafter be enjoyed by similar cor
porations organized under the laws OF TINS
state.
noses 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 purchase or otherwise acquire
and to use and operate for hire, freight or
| passenger vehicles, trucks and wagons
| and to conduct and operate general
hauling. drayage and transfer business
and generally to do any and all Things
| that may be necessary ana convenient u
| the carrying on of said purposes.
ARTICLE IV-The capital stock Of this
corporation is hereby fixed at five thous
and (S5OOOOO) dollars, divided into anc
represented by fifty 500 shares OF the pal
value of one hundred (S1OO.OO) dollars
| each, with the right to increase the same
by proper proceedings to fifteen Thousand
dollars All of said five thousand go,
OOOOO) dollars capital stock has been SUB
scribed and paid for as follows: by on
the full agreed value of three thousan,
| S3OOOOO) dollars; one International, z
ton truck of the full agreed value OF on
thousand, five hundred (S1500.0O) dollars
| and one International, / y ton truck
the full agreed value of five hundred
(5OOO0) dollars; which trucks, incorpora
tors whose names are hereunto SUP
scribed, accept on behalf of said corpora
ton in full payment of the subscription
to the stock of said corporation heret
appended.
ARTICLE V-The business and affair
of this corporation shall be managed an
conducted by board of directors, con
sisting of three stockholders, John Arend
son of New Orleans, La; Henry Lang
ridge of Gretna, La, and Mrs. Andrea h
Langridge of New Orleans, La, shall con
stitute the first board of directors. The
shall hold office until the first Monday !
| Nbatr
be elected and qauified. On the mr.:
) Monday of April, 1923, and annual
} thereafter. an election of directors shall Q
held at the office of the corporation, afte
) notices shall have been given to eac
stakeholder, by mail, at least ten day
prior thereto. At all elections, the stocl
! holders shall be allowed one vote for eac
3 share of stock standing in his name on IN
books of the corporation. In case OF va
' cancy on the board of directors or off
{ GERS. 1t shall be filled from the remainln
: stockholders for the remainder Of Il
term of such director or officer, who's
| vacancy is so filed. Two members
the board of directors shall constitute
quorum; and no action can be taken !
{ the board upon any subject without Il
n affirmative vote of at least two director
r Said board may adopt a code OF bylaw
). and amend or change the same at the
t discretion.
ARTICLE vI-The officers of the CO
portion shall consist of president,
vice-president, secretary and a Urea
! urer The offices of secretary and Urea
urer may be herd by the same perso
Until the first Monday of April, 1923,
:. until their successors are elected, MI. in
: Arendson shall be president; Mrs. A.
;. Langridge shall be secretary and trea
It urer; Mr. Henry Langridge shall be vic
/ president On the first Monday in Apr
IS 1928 and annually thereafter, immediate
K after the election of directors, the board
directors elected at such annual meetin
Ern Nhnfr
Der, a president, a vice-president, and
r. secretary and a treasurer.
J. ARTICLE vII-This charter may
- amended in all particulars as provided
= law, and the corporation may be dissoV
=. J by complying with the legal provisions
s. that subject In the event of y0lunta
liquidation, the stockholders shall seit
!, from their number, two lfquldators, W
'r shall be vested with full power to set
its affairs by the sale OF its assets a
payment of its obligations.
= ARTICLE VIII-No stakeholder sh
be held liable for the contracts or fau
D. of the corporation or of its onlcers |
yond any unpaid balance that may
NJ due by him on his stock subscription; n
y shalt any mere informality in this
~ render this charter void or expose
O. stockholders to any personal nablll
"A beyond the amount of his stock subscrl
+ ton.
Id ARTICLE KIN case any stockholc
V. desires to sell his STOCK IN TINS c4rPoi
l., ton he must first offer 1t to the other
Y. corporatOrs at the value he can obtain
A. n elsewhere, and he can only sell up
VS. refusal of the other incorpOrators to b
re him out at the price offered by the
or corporators.
On Thus done and passed in my office
e. New Orleans, La. on the day and o.
OF above written, in presence of r M. Qus
ho and Mrs. G. z. Watts, competent v
o. nesses- who hereunto sign with said
d. bearers and me, notary. after due read
a.. of the whole.
an M Witnesses: p. NJ. Quave, Mrs. @.
Of Watts.
he '(ORIGINAL SIGNED):
mt John Arendson, Is shares; Henry
Of Langridge. Is shares; Andrea ID. La
10 ridge 10 shares.