The herald., 1922-03-16
CHARTER OF MAsSMAN AND COM
PANY- INC.

PANY, INC.
United States of America, State of Louis
lana, Parish of Orleans, City Of New Or
leans, BE il known. that on this tenth day
of the month of February, in the year one
thousand, nine hundred and twenty-five
before me, Henry p. Dart, Jr., notary
public, duly commissioned and sworn in
and for the Parish of Orleans and City of
New Orleans, therein residing; personally
appeared the persons whose names are
hereuntO subscribed, who declared that.
availing themselves of the provisions of
the laws of this State relative to the or
ganization of corporations, they have
co. ehanted and agreed, and do, by these
presents, covenant and agree, bind, form
and constitute themselves, as well as such
other persons who may hereafter join or
become associated with them, into a cor
poratiOn and body polite In law for the
objects and purposes, and under the agree
ments and stipulations following. to-wit:
ARTICLE 1.-The name and style of this
| corporation shall be "Massman and Com
pany, Inc, and under that name 1t shall
have and enjoy all the rights, advantages
| and privileges granted by law to corpora
tons; ii shall exist for a period of ninety
nine years; it shall have power to con-
tract, sue and be sued in its corporate
| name; to make and use a corporate seal,
and the same to break or alter at pleas
| ure to hold, receive, purchase, convey,
! mortgage, hypOthecate or pledge property,
both real and personal; to issue bonds,
notes and other obligations to have and en-
ploy managers, directors, officers, agents
! and other employees as the interests and con-
veniences of said corporation may require /;
and to make and establish such bylaws,
| rules and regulations for the corporate
| management and control Of the affairs of
said corporation, as may be deemed neces-
sary and expedient.
ARTICLE 1.-THE domicile of said cor
poration shall be in the City of New Or
leans, in this State, and citation and other
legal process shall be served on the presi-
| dent, and In his absence, on the vice.
president In case of the death of the
president of this corporation, or in the
event OF his inability to act as such, his
duties and functions shall devolve upon,
and be fulfilled by the ice-president
ARTICLE III-The objects and pur-
poses of this corporation are to engage in
| trade and commerce in all its forms.
to deal and operate at wholesale and re-
tail, as principal, agent, on commission
or otherwise In cooperage, cooperage stocks,
lumber, timber, box and barrel shocks,
| and general merchandise; to manufacture
and sell the same and the finished pro-
ducts thereof; to own, operate and con-
duct mills, machinery, tools and appli-
ances for the uses and purposes of the
| substitute, sell and hypothecate at will
and in brief, to produce, acquire, handle,
trade in, and sell, all goods, wares and
merchandise Of every description; to have,
and transfer trade marks and patents, and
patent rights, privileges and inventions
to build, own and operate railroads and
tramways incidental to it's business; to
own, control and acquire by purchase,
lease, charter or construction, steamships,
steambots, sailing vessels, tugs, barges,
lighters, vessels and water craft of all
kinds, or interests therein, and to oper-
ate the same; to purchase. own.
lease. control, construct and oper-
ate docks, warehouses, wharves, dry
docks and dock machinery, appliances
and appurtenances of all kinds; to hold
stock in other corporations and bonds of
the same and of the United States and
state OF Louisiana; and generally to do
and perform all things, needful, neces-
sary, proper and useful for the accom-
plishment of the purposes of the corpora
| ton, the whole in the State of Louisiana,
| the states. Territories and possessions of
the United States, and in foreign States
and Territories, with the right to have Of
| same.
ARTICLE Iv-The capital stock of this
| corporation Is hereby fixed at the sum of
one hundred thousand dollars (S100, 0OO. OO),
divided into one thousand shares Of the
par value Of one hundred dollars each,
which shares shall be paid for in cash
said capital stock may be increased to the
sum OF five hundred thousand dollars
tS5O0O00.O0). All shares of stock shall
be full paid and non-assessable No trans
fer Of stock shall be binding upon the
corporation unless made upon its books
by such officers as may be designated by
the board Of directors
All stock In this corporation shall be
neld upon condition precedent and under