The herald., 1911-02-16
CHARTER

CHARTER
OF INTERNATIONAL SAFE AND LOCK
COMPANY.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
Be IT known that on this twenty second
day of the month Of December, In the year
of our Lord one thousand nine hundred and
ten and Of the independence OF the united
States OF America, the one hundred ana
thirty-ffth, before me, W. Morgan Gurley,
Notary Public, duly commissioned ana quar-
flied in and for the Parish OF orleans, state
of Louisiana, and in the presence or the
witnesses hereinafter named and under
signed, personally came and appeared, tne
persons whose names are hereunto SUD
scribed, and who. availing themselves OF the
laws OF this state relative TO the organiza-
tion of corporations and the provisions OF
the Constitution Of the said state, nave GOV
enanted and agreed, and do by these pres,
ents, covenant and agree, oOngate ana Oinu
themselves as well as such persons as may
hereafter become associated WIN them OF
their successors, to form themselves into
corporation or body polite, under the 1ol-
lowing articles, which they adopt as their
'H"' W. - ARTICLE I.
INTERNATIONAL SAFE & LOCK COM
PANY. with its domicile in the city or New
Orleans, Louisiana, and ii shall ENJOY sue
cession for a period Of ninety-nlne (S9l
years from date hereof. ana II sh an h ha,e
and exercise, for the purposes OF its busl-
ness all the powers conferred by law Oh
similar corporations, and 1t snail De su-
thoriZed TO do and perform any act or INN :,
and TO conduct any business not specially
prohibited by law TO corporations. 1t shsll
have mower and authority to receive, Duy,
own, hold, purchase, ALLEVIATE, lease, rent
convey, mortgage hypOthecate pledge or Oln-
erwise cucumber or dispose OF property,
real. personal or mixed; TO issue bonds, GER
titcates and notes, or other evidences OF
Indebtedness TO borrow money and secure
same; to name and appoint its managers
and EMPLOYEES, and 10 fix their compenss-
tion. and 10 discharge them at pleasure.
Ii shall have power to elect omcers anu
directors, and agents; 10 establlsh sucn ~
laws, rules and regulations as may De ne
essary and proper for the conduct and
msnacement OF its business, and the same
TO alter. amend, or abolish at pleasure; 10
make and use a corporate seal, or not at
the discretion OF the board. =,
minish its capital stock, with no other LOT,
malities than hereinafter provided 1or' aho
according TO law. ,.,,,-
itv 70 contract. 10 sue and be sued in its
corporate name, and generally 10 do and
perform all such acts as may be necessary
and proper TO execute and carry out the
purposes OF this corporation.
1t shall have the power and authority 10
enter into and operate any kind OF business
factory, plant, or enterprise, and TO estaD-
Iish such agencies as II may choose Tor the
conduct of its business, here or elsewhere
ARTICLE II.
All citations and other legal processes
| shall he served upon the President Of this
| in absence
| to act, then upon the treasurer, at the 10
| micile OF the corporation.
ARTICLE III.
The purposes for which this corporation
| Is organized and the nature OF the business
| TO be carried on by IL are hereby declared
| TO be To deal in safes, locks, safety vaults
| safety locks, and any and all manner o.
| locking or safety designs and appliances
at wholesale or retail, and to manufactur'
| same, or any parts thereof, and TO deal II
any merchandise akin thereto, and 10 es
| ta6lish furnaces foundries, or any plant o.
| plants coincident Herewith, or pertainin!
| thereto, and TO acquire any patent rights
| or to work same under royalties In an!
state Of the United States, or In any forelgr
| country. ~
The capital stock OF this corporation Il
| HEREBY declared to be fifty thousand dollars
| $3.50, 0OO) divided into five hundred shares
| 5000 of one hundred dollars (S1OO.OOl
each, which said stock shall be paid Tor II
cash, or its equivalent, in such amounts
| and in such manner as the Board OF Direc
tors may determine; or 1t may be ISSUED
| full paid and worcestershire for property
| actually purchased, or for labor actually
| performed and rendered to this corporation
And said corporation Is hereby authorized
| to do business and become body polite al
soon as twenty-five thousand dollars worti
Of stock shall be subscribed for.
ARTICLE
All the corporate powers Of this corpora
| tion shall be vested in and exercised by
board of not less than three, and not NOR
| than seven directors, who must be stock
| holders, and who shall be elected annual.
| on the third Thursday In December OF eacl
| year, beginning on the third Thursday II
| December, 1911; the number OF director
! for the ensuing year shall be determined b.
| the stockholders at each meeting held 10
| the election Of directors; which said direc
/ tors so elected at each annual meeting sinai
thereafter, TO elect from among their mum
| Der a President, a Vice-President and
Secretary Treasurer and said directors an
officers so elected shall at all times hol'
their respective offices until their successor
| are duly elected and qualified.
The first Board Of Directors OF this cor
poration is hereby declared to be: Clinton
Fulton, John III. Menge, Bernard II: Mengs
JOnn A. IdylOr anu horace w. WoouIun
and Walter B. Chilean; with the said Wa
ter B. Chilean as President, said Horace
Woodruff as vice-President, and said Bel
nard III. Menge as Secretary Treasurer
which said board and officers shall hol
their respective offices until the third Thurs
day Of December, 1911, or until their SUE
cessors are duly elected and qualified.
Any vacancies occurring in said Board 9
! Directors for the unexpired term shall
filed by the remaining directors for tn
remainder of such unexpired term.
Said Board of Directors shall have powe
to make such bylaws, rules and regulation
as Ii deems proper.
Any director shall have the right to /
represented by written proxy to stockholt
er (who need not be a member OF the board
to represent him at any directors meeting
and may waive any and all notices of NEE
ing by written notice to the Secretary. Tw
members of the board shall constitute
quorum, provided said board does not e.
coed five, and should said board exceed fv
in number, three shall be quorum thereo
| All checks, notes, bonds, and other ev
dences Of Indebtedness, and all contract
must be signed by the President and III
Treasurer, and in their absence, or inabi
ity TO act, by the Vice-President and th
Treasurer, and same shall not be bindin
upon this corporation unless so signed. An
contract Of this corporation, in amounts
an excess Of five hundred dollars $500. 90
shall not be in any way binding upon tn
corporation, unless first approved by til
Board Of Directors.
No stakeholder shall be allowed to sell h
stock without first Offering same to the r.
naming stockholders, through the Board
Directors, at its then book value, which sal
ofer must be In writing; and should sal
stockholders decline to purchase same at II
then book value, within ten days from th
filing Of such written offer, he shall be 9
4 80 49, III