New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1904-07-30
CHARTER
OF
tCKART JEWELLERY AND MANUFACTURING Co.
LIMITED.

Be it known that, on this oath day of tn
month of June, A. D., 1904. before me
Fred W. Bauman, "A Notary Public, dul
commissioned and qualified in and for tn
Parish of Iberia, State Of Louisiana, an
IN the presence of the witnesses herein
after named and undersigned. PERSONAL
came aud appeared, Joseph ". Eckart
William J Eckart and Mr.. Frederic
Deitlein. ti of lawful age aid resdin
IN this pAIi.h. who SrNrrally declare
that, awaiting Il 'n4sriv"- nt The provision
of the Laws ai,! pf ihr fnn-tiuti n Of th
81 ate of Louisi tttl relative Ia ihr forna
ton and organiZa'icn of corporations, AN
especially of Acf 30 "f 1888 If 'hr Grnrra
Assembly of This STAT, they have con
tract,d aud agreed and they do hereh.
bind themselves AZ well a- All such per
sons as may hereinafter become associ
ated with them, TO form and constitute
corporation limited and body polite II
law, for the objects aud purposes and un
der the agreements and stipulations, fol
lowing.
ARTICLE |.
The name and title of this Corporation
shall be Eckait Jewelry and Manufactnr
ing Company, Limited. BY this name
the corporation shall have the power t.
exist for "A period of Ninety nine years
from the date hereof TO contract SUE
and be sued to purchase, hold, sell
lease, mortgage and pledge real estate
and personal property; TO appoint snct
directors, officers and agents as the iu
terest and convenience of this corporation
may require and generally TO do all acts
necessary and proper fOi the accomplish
ment of the purposes herein stated.
ARTICLE III.
The domicile of the corporation shall be
in the City of New Iberia, this Parish.
Citation and other legal process shall be
served upon the President of this corpora
ton and in his absence upon the Secre-
tary. ARTICLE Ill
The purposes for which this corporation
is established and the nature of the busi-
ness 10 be carried on by it are declared to be
the purchase and sale by wholesale and
retail of jeweIry, watches, diamonds,
artware, bric-a- brac, novelties, sterling
ware and optical goods, and for the re-
pairing and manufacturing jewelry and
for the repair of watches, clocks, jewelry
and such other articles as pertain to the
jewelry manufacturing and repair trade.
ARTICLE ~.
The capital stock Of this corporation is
fixed at Twenty five Thousand 1925, OOO,-
00) Dollars, divided into aud represented
by Two Hundred and Fifty Shares of the
par value of 800 90 each. No certificate
of stock shall be issued until the same
shall have been paid in full, in cash,
property or such other equivalent as the
board OF directors may determine.
The stock shall be evidenced by certiti
Gates issued and signed by such officer of
the corporation as the board of directors
may designate and shall be transferable
only on the books of this corporation No
transfer of stock shall be made on said
books il the holder thereof is Indebted to
this corporation until such debt shall have
been paid and lignidated. Should any
stakeholder desire TO sell his stock he
shall before Offering same for sale, give
notice thereof to the board of directors,
who shall call the meeting OF the stock
holders OF the corporation within ten days
from the receipt of said notice, and
shonld the said stockholders desire to
purchase said offered stocks, they will
be entitled to an option Of thirty days
from the date of holding of said meeting
the last proceeding inventory value of
said stocks. III the SAID stockholders
should then become the purchasers of said
stocks, they shall have the right to dis
pose of same as the majority of said
board may determine.
This corporation shall commence doing
business as soon az Five Thousand Dol
lars of the capital stock shall have been
subscribed for, of which stock of $685.
000. 90, Jos. w. Eckart hereby subscribed
to 80 shares VIM. ]. Eckart, 10 shares
and Mr.. Frederick Deitlein, 10 shares.
ARTICLE V.
The corporate powers of this corpora
ton shall be vested in board OF direc-
tors, elected by majority of the stock
holders thereof at an election TO be held
therefor, on the first Monday ofJuly of each
year, at such time as may be necessary
or convenient; who shall hold Office for
the term of one year, or continue in Office
until their successors shall have been
elected and inducted into Office. In case
Of failure to elect said directors on the
day hereinabove fixed, or on such other
day NJ may have been decided upon, this
shall not be dissolved, but,
the incumbent directors shall continue in
office, until succeeded by subsequent
election as hereinabove declared. The
first Board of Directors shall be elected
by the stockholders Immediately upon
signing of this act, and without other
IL any member or members
Qf the board of directors should die during
his, or their term Of Office, his, or their
executors, administrator, or other legal
shall Immediately become
a member of said board OF directors, or
may designate in writing, some agent, to
act as such member or members until the
next election OF directors.
ARTICLE vi.
The Board of Directors shall have
power to fill all vacancies, except as
stipulated in Art. 5, occurring from any
cause in the Office of this corporation.
The tboard of directors shall have power
o make, adopt, or change, alter or repeal,
al such rules and regulation for the con-
iuct and management and business of
his corporation as they may deem proper.
10 appoint from time to time, such
,ificers, clerks. agents and other en-
,loyees as they may deem proper and
he same to dismiss at pleasure to make |
general and special provisions for the fill |
ng OF any Office during the temporary or
inability OF any officer to act.
To borrow money and to do all acts per-
inent to the objects and purposes OF this |
and in exercising such pow
'rs the board Of directors may act, either |
lirectly, or through such officers or agents
IS 1t may appoint with; general or special |
Iuthority. Any member Of the board Of |
directors may be represented by proxy,
md the majority OF the board 10 number |
hall constitute quorum at all meetings |
t the board. All salaries shall be fixed |
'y the board OF directors and it shall be
ested with authority to employ or dis
harge employees as they see ft. All /
|uestions arising before said board shall |
e decided by msjority vote Of the mem
ers present.
ARTICLE VII.
The officers of this corporation shall
onsist Of President, Secretary and a
treasurer elected by the board OF directors
I their first meeting after their election
be Offices OF President aud Treasurer may
q combined in the same person when the
oard of directors may deem II proper.
he officers thus elected shall serve as
bove provided. The duties OF the Presi-
ent, Secretary and Treasurer. shall be