The herald. [volume] (New Orleans, La.) 1905-1953, 1912-07-25
CHARTER.
OF CROCKETT SALES CORPORATION

OF CROCKETT SALES CORPORATION
UNITED STATES OF AMERICA. STATE
OF LOUISIANA. PARISH OF OR
LEANS, CITY OF NEW ORLEANS.
BE IL known, that on this LIST day Of the
month OF June in the year OF orr Lord ona
thousand nine hundred and twelve. and OF
the Independence OF the United States OF
America the one hundred and thirty-sixth
before me. Lyle Saxon. q notary public duly
commissioned and qualified in and for the
parish OF Orleans, city OF New Orleans state
N Louisiana, and In the presence OF the wit.
nesSeS hereinafter named and undersigned
personally came and appeared the several
persons whose names are hereuntO subscribed
who severally declared that availing them.
selves OF the laws of the state Of Louisiana
relative TO the organization of cOrporat ions
and especially to the provisions OF Act as
OF l?oi, they do by these presents form
themselves and their associates, successors
and assigns, into a corporation and body
polite in law, for the objects and PURPOSES
and under the articles and stipulations here
inafter set forth and expressed, under the
Following terms and conditions, to-wit:
ARTICLE /.
The name and the style OF this corpora
ton shall be CROCKETT SALES CORPO.
RATION, and under that name shall have
ana enjoy corporate existence and succession
for period of ninety nine years from and
after date hereof, unless sooner dissolved
In the manner hereinafter provided This
corporation shall have and enjoy all rights,
privileges and immunities granted BY law
10 corporations, and under it's corporate
name, 1t shall have power and authority to
contract, sue and be sued to make and use
a corporate seal; and the same to change.
after or destroy at pleasure to hold, receive,
purchase, hyp0thecate, convey sell, lease or
pledge, real and personal property to issue
negotiable bonds and notes. or other evil
dence OF debt; to have and employ such
HirARfnrS nf n
other employees as its interests may require ;
and to make and establish such bylaws,
rules and regulations for the proper man.
agement and control Of the affairs Of the
sald corporation, as may be necessary and
proper. and the same to alter and amend at
pleasure.
ARTICLE III.
The domicile OF this corporation shall be
In the city of New Orleans, parish of Or
leans, state Of Louisiana. All citations and
other legal process shall be served on the
president or the company. or, in the event
or his absence from the city, or OF his ina
ollIty 10 act from any cause, upon the vice
president or secretary.
ARTICLE III.
The objects and purposes for which this
corporation Is organized and the nature Of
by declared to be-
To solicit and sell and purchase merchan-
disc In the nature of drugs. toilet articles
and sundries OF like character and to manu-
and all things necessary or incidental there
to, and TO enter into all contracts, agree
ments or engagements, or incur any Obliga-
ton connected to or appertaining to said
business, or appropriate to its efectual pros
ecution, and TO conduct a sales agency OF
any and all merchandise, and manufactured
lines.
ARTICLE w.
The capital stock Of this corporation Is
hereby liked at the sum Of one hundred thou
sand dollars (S1O0, O00.O O), TO be represented
by one thousand shares at a par value of one
thousand dollars $4,000. OO) OF the said
capital stock must be subscribed and paid in
cash before the company can organize and
become a going concern; the remaining
shares or said stock shall be issued by the
proper. "-'
All shares of stock shall be paid for in
cash, property received, or labor or services
performed; and must be fully paid before
the issuance OF the certificate thereof. and
shall be nOn-aSSeSsa BILE
said stock shall be represented by stock
certificates transferable only on the books
OF me company, on the surrender of the out
standing certificates, or proof of loss there
or ana under such rules and regulations as
the board of directors may provide.
Before any stock can be transferred, II
book value to the board of directors OF the
company, who shall have the option of pur-
CHASING same at the book value, at the time
said stock is offered for sale and should
the directors fail to make the purchase of
said stock within thirty 800 days from the
time OF offer, then the holder and owner of
the stock may dispose Of it In the open mar
ket.
The said capital stock may be increased or
by proceedings taken in accord
ance with the laws Of the state of Louisiana
ARTICLE V.
All the corporate powers OF this corpora
ton shall be vested in and exercised by a
board OF nine directors each of whom shall
own at least one share of the CAPITAL stock
OF this company. Said directors shall be
elected by ballot and under the supervision
or two commissioners appointed by the board
TO act at the annual meeting Of the stock
holders of this company, which annual meet
Ing shall be held on the second Wednesday
OF June or each year at which meeting each
stockholder shall have the right in person
or by proxy to east one vote on each share of
stock owned by him. Five members of the
board OF directors shall constitute a quorum.
said board shall have power to fill all va
cancies occurring In the board, and all off,
GERS and directors shall hold and continue
In Office until their successors shall have
been elected and qualified The annual
meeting Of the stockholders shall be pre-
coded by ten (10) days notice mailed to the
last known address OF each stakeholder. no
tifying him of the time and place Of meet
ing. The board of directors shall have pow
er to provide for general or special meetings
OF the stockholders or Of the board of direc-
tors. Any member of the board of directors
who may be absent from the domicile of the
company, or who may be prevented from
attending may give a written proxy to any
other member Of the said board of directors,
to represent him on all matters at any meet
ing of the board, whether special or general.
The board of directors OF this company,
who shall hold office until the second We'd
nesday of June, 1913, and until their sue
cessors are elected and qualified, shall be
Guy s. Crockett, George A. Simms, John
Hunter. T.. r. Beauvais, Robt. z. Ellis, r. G.
Pursell. Gustave Kopp, John r. Taylor
Robt. Mcclure, with Guy s. Crockett, presi.
dent r. @. Persell. vice-president, and Gus
tave Kopp, secretary-t treasurer.
The officers of this company shall be q
president, q vice-president, and q secretary
treasurer and they shall be elected annually
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