The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-23

CHARTER OF CONSOLIDATED FUEL
co, INC.
State of Louisiana, Parish of Orleans,
| City of New Orleans. Be it known, that
/ on the 9th day of February. nineteen hun
drcd and twenty-five 1922), before me.
| George Montgomery, notary public in
and for the Parish of Orleans, State of
Louisiana, duly commissioned and quail
! fed, acting under authority of the Cover
nor, for and in the place of James f.
cunts, another notary public in and for
said Parish of Orleans, State of Louisiana,
| now absent from the state on leave as
| will be shown by certificate of leave of
| absence granted said James +. cunts, no.
| tary public, attached hereto and made part
hereof; 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 severally declared that.
| availing themselves of the provisions of
/ the general laws of the State of Louisiana
providing for the organization of corpora
| tiOns. and especially Act 261 of the Acts
of 1914, they have cOvenanted and agreed,
and do by these presents, covenant agree,
and bind themselves. as well all such
persons as may hereafter become associ-
| ated with them, to form and constitute
| corporation and body polite in law, and
/ to that end they do state the following
matters and things and execute and adopt
these articles of incorporation as follows,
| to-wit:
| ARTICLE 1.-The name of said corpora
| tiOn shall be Consolidated Fuel Co,
| Inc"
| ARTICLE 1.-THE objects and purposes
| for which said corporation is formed are
| as follows:
| To carry on a general fuel business
both retail and wholesale: to buy, sell
store, deal in, export and import coal,
coke, wood, and other fuel;
| To build, equip. purchase, or otherwise
acquire, own, sell. lease, mortgage or
otherwise hypothecate barges, scOws,
| boats and vessels, and all other watercraft
of any kind and description, and to main
| tain, operate and navigate the same, sole
ly, however, for the use and benefit of SAID
corporation and not for hire;
To build. equip, purchase, or otherwise
| acquire, and own buildings, piers, docks,
wharves, warehouses, and all other things
| necessary or proper to carry on the bust
ness of said corporation and to sell. lease
mortgage, or otherwise hypothecate the
same;
To conduct a general brokerage bust
ness including the business of marine
or vessel brokerage and agency:
To do a general agency business. in
Guiding the agency of marine insurance;
To charter, purchase, or otherwise ac-
quire vessels. cargoes. and all maritime
property, and to deal in. handle and man.
age, and dispose of the same, solely,
however for the use and benefit of said
corporation and not for hire;
To purchase and otherwise acquire.
hold, rent, lease, improve, mortgage, sell.
and convey, and deal in generally real
and personal property of all kinds, and in
particular lands. lands under water and
riparian, buildings, vessels, barges,
scOws, and all other watercraft of any
kind and description. piers. wharves,
docks, warehouses, and equipment there
of:
And further to do and perform any act
or thing necessary or proper for the ac-
complishment of. or pertinent to the OBJ
jects and purposes of said corporation.
stock of said corporation shall be fifty
| thousand dollars (S50.000.O0), all of which
shall be common stock and none of which
shall be preferred stock.
ARTICLE IV-The amount to which the
capital stock of said corporation may be
increased shall be two hundred and fifty
| thousand dollars. $3.50. 100000.
ARTICLE V-The number Of shares of
which the said capital stock of fifty thous-
and dollars (S50.000OO) of said corpora
ton shall consist, shall be five hundred
| (J0O) shares of the par value of one hun
dred dollars ($1O0.00) per share, the shares
Of said corporation to remain at one hun.
bred dollars (s1OO.OO) in the event of the
increase of the capital stock Of said cor
poration beyond fifty thousand dollars.
ARTICLE vI-The location of the
domicile of said corporation shall be in
the City of New Orleans. in the Parish of
OrleanS- III the stare or Louisiana.
ARTICLE VII-The period of duration
Of said corporation shall be fifty 500
years.
ARTICLE vIII-The number of direc-
tors Of said corporation shal, be five.
The officers Of said corporation shall be
those provided for by law, and such other
officers as may be provided for by the by
laws. The names and post office addresses
| Of the directors of said corporation who
are selected to serve for the first year or
until their successors are elected and
qualified shall be as follows, to-wit:
Hardy f. Mccormack. Birmingham,
Ala; Robert P. Hyams, New Orleans, ia. !;
Frederick Gilmore, Pensacola, Fla. !:
Henry c. Whiteman, New Orleans, La;
Robert J. Milling, Mobile, Ala; with:
p. Hyams as LIST vice-president and
treasurer: Frederick Gilmore as End vice.
president: Henry c. whiteman as 3rd
vice-president, and Robert j. Milling as
secretary.
ARTICLE IX-The names and post Of
articles Of incorporation and a statement
of the number of shares Of stock which
each subscriber is to take in said corpora
ton are as follows. to-wit: Hardy z. Nc
Cormack. Birmingham, Ala, fifty (50)
shares: Robert P. Hyams. New Orleans,
La, fifty (50l shares; Frederick Gilmore,
Pensacola, Fla, fifty (50) shares Henry
c. Whiteman. New Orleans. La, fifty
t5O) shares: Robert ]. Milling, Mobile,
Ala. fifty (50) shares.
ARTICLE X-Each share Of stock shall
be entitled to one vote. There shall be no
cumulative voting.
ARTICLE XI-The board of directors
of said corporation shall be, and are here
by invested with all the corporate powers
OF said corporation, including among
other powers the following, viz: the power
to make. alter and amend suitable by
laws for the government of said corpora
ton; the power to borrow money, execute
mortgages, issue notes or bonds, to sell
or pledge the same, and generally to do
all things pertinent to, or necessary for
the objects and purposes Of said corpora
ton, or which are or many be permitted
by the laws applicable to corporations
the above recital of powers granted to the
board Of directors not being exclusive
the intention being to invest the board of
directors with all such other and further
powers as may be proper to accomplish
the objects and purposes Of said corpora
ton.
ARTICLE XII-Stockholders' meetings
for the election Of directors of said cor
poration shall be held annually on the first
Monday in February Of each year.
ARTICLE XIII-The president and the
vice-presidents. the secretary and the
treasurer shall be authorized to receive
service Of all legal process.
Thus done and passed, in my office, in
the City of New Orleans, in the presence
Of p. L. Pierce and John G. Foster, COM
petent witnesses, both Of legal age, who