The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-24
CHARTER OF
NEW ORLEANS COMPRESS CO., INC

| United States of America, State of
louisiana; Parish of Orleans: Be it
month of August, in the year of our
Lord, one thousand nine hundred and
twenty-five l922), and of the indie
pendence of the United States of
America, the one hundred and forty
sixth, before me, Watts X. Leverich,
| a Notary Public duly commissioned and
qualified in and for the parish of
Orleans, state of Louisiana, therein re-
siding, and in the presence of the wit
! nesseS hereinafter named and under
| signed, personally came and appeared
hereunto subscribed, who declared that
availing themselves of the laws of
| this state relative to the organization
of corporations, they have covenanted
| and agreed and do by these presents
| covenant. agree, bind. form and con-
| Stitute themselves as we'll 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
agreements and stipulations following,
| to-wit:
ARTICLE l. The name and title of
/ this corporation shall be New Orleans
Compress Co, Inc, and under it's COR
porate name 1t shali enjoy succession
nine years from and after the date
hereof, and shall have power and
authority to contract, sue and be sued;
to accept and receive mortgages,
! 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 well
as mortgage and hypothecate under
It's 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; to
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
| Officers and agents as the interest and
| convenience of said corporation may
require; and to make and establish as
| well as alter and amend at pleasure
such bylaws, rules and regulations
/ for 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
authorized to do under the laws of the
| state of Louisiana.
| ARTICLE II. The domicile of this
corporation snail be in the parish of
orleans, state of Louisiana, and all
be served upon the president Of the
company: or. in his absence, upon the
vice-presdent.
ARTICLE III. The objects and pur-
poses for 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 Tor
| 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.
SELL mortgage, pledge or otherwise
deal in and dispose of real and /or per-
sonal property; to exchange its entire
capital stock. or any part thereof, for
property which it is authorized to
acquire; to exchange IT'S 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 all