The herald. [volume] (New Orleans, La.) 1905-1953, 1912-11-28
ARTICLE ii.


The domicile of this corporation shall be
in the city Of New Orleans, Parish OF Or
leans, State Of Louisiana, and all citations
and other legal process shall be served upon
the president or In the event of his absence
upon the vice-president, or in the event OF
the absence Of both Of said officers upon the
secretary treasurer Of said corporation.
ARTICLE III.
The objects and purposes for which this
corporation Is formed are hereby declared
10 be general business corporation ana
1t is organized to carry on the business OF
jewellers and opticians or any other business
not prohibited by law; to deal In jewelry and
optical goods generally, and apparatus Tor
carrying on the business or opticians; 10
manufacture, buy, sell, import and export,
deal in and deal with goods, wares and mer-
chandise of every class and description, ana
in particular watches and parts thereo1, IN
Guiding both movements and cases, iewelry
and gold and silver generally; eye glasses,
opera glasses, field glasses and magnifying
lens for all purposes; canes, umbrellas, ana
any articles of gold silver, glass and leather
ware and novelties of all kinds and any
other articles that may be conveniently dealt
in in connection Herewith.
ARTICLE Nv.
The authorized capital stock Of this cor
poration is hereby fixed at the sum of ten
thousand dollars (S10,00000), divided into
two hundred shares of the par value of nifty
dollars $500 each, and this corporation
shall commence doing business only when
four thousand dollars of the said stock shall
have been subscribed for. Said capital stock
shall be full paid and worcestershire when
issued and shall be issued only for cash or
in payment for property, movable or immo'
vabie actually purchased by. conveyed to
and received by said corporation or Tor labor
done or services rendered.
No transfer of said capital stock shall be
binding upon this corporation unless re
corded on the books thereof and made pur'
suant to and in accordance with its charter
and bylaws. No stakeholder may offer foI
sale, assign or transfer his stock in this
corporation without giving to the other
stockholders ninety days prior notice of such
intention, which notice shall be given II
writing to the president, who shall there
upon Immediately communicate said notice
in writing to each and every stakeholder OF
record, in the manner set out in Article '
for notice of stockholders meetings, and th'
other stockholders shall have the first priv
ilege Of purchasing said stock or any par
thereof at the book value thereof for pc
riod Of ninety days from the delivery of SAID
notice to the president, after which ninety
DAYS said stock may be sold in open market
In the event that the other stockholders
avail themselves of the said ninety day priv
ilege and the demand should be for more
shares than are offered for sale, the stock
holders desiring to buy shall be entitled q
purchase upon the pro rata basis of the stool
already standing in their respective names
on the books of the company.
ARTICLE V.
The business and affairs Of this corpora
| llOu SUdll Dt anu w
all the corporate powers thereof shall b
vested in and exercised by board OF three
directors to be elected from among the stock
| holders Of the company. The entire boar'
present, either In person or represented D,
proxy, shall be necessary to constitute I
quorum of the board, provided that II at an!
| meeting q quorum be not present, two direc
| tors present In person or represented b.
proxy, shall constitute quorum at tn
next meeting.
Until the first Monday in April, 1913, o
| until their successors are duly elected, qual
| flied and installed, the directors of this cor
| poration shall be composed OF Jules ID. Eel
| tel as president, Theodore LOwinsohn
vice-president and Milton NJ. Feitel as sec
/ rotary treasurer. On the first Monday Il
April, 1913, and semi-annually thereafter
/ the first Monday In April of each year,
i meeting of the stockholders of this corpora
\ ton shall be held at its domicile for tn
| purpose of electlng directors for the ensu
| Ing term. Said election shall be by ballo
i and the stockholders receiving maJorit
OF the votes cast shall be declared elected
/ A failure from any cause whatsoever to hol
i this said semf-annual meeting or failure I
i elect directors on the day above specified
i shall not dissolve the corporation, but tn
/ directors and officers then In office shall hol
/ over until their successors have been dul
I elected, qualified and installed and Their
i shall be no election of directors by stock
holders until the date OF the next semi-an
nual meeting, to which or to any subsequen
semi-annual meeting or meetings the sam
rules shall apply.
i Except as herein otherwise provided, no
tice of all meetings of stockholders for tn
election Of directors or for any other pui
i pose shall be given in writing by the secrt
II tary- treasurer at least ten days prior TO tn
i date fixed for said meeting, and shall eithe
II be delivered personally to the stakeholder
or deposited In the mail directed to eac
stakeholder to his address as same shall al
pear upon the books of the corporation. an
IL no address appears upon the books OF tn
i corporation, then said notice shall be depo'
tied in the mail directed, care Of Genera
II Delivery, New Orleans, La.
i Any notice required by this charter ma
be waived In writing by any or all OF tn
: stockholders appearing as such upon tn
|, books At all meetings of stakeholder
: each stakeholder shall be entitled to cast on
vote. either In person or by proxy, for eac
share Of stock owned by him and standin
: in his name on the books or the eompan!
!. and except as herein otherwise provided
a majority Of the votes so cast shall be SUI
, ficient to elect or decide any and all quei
lions voted upon.
ARTICLE VI.
Il The directors OF this corporation as 500
: as possible after their election, shall qualif.
: take Office and elect from among their nun
! Der a president, a vice-president and Sc
retary-treasurer. The board OF director