The herald. [volume] (New Orleans, La.) 1905-1953, 1912-11-14
ARTICLE III.


The domicile of this corporation shall he
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
to- be general business corporation and
IL is organized TO carry on the business OF
jewellers and opticians or any other business
not prohibited by law; to deal in jewelry anc
optical goods generally and apparatus fOf
carving on the business of opticians; 10
manufacture. buy. sell, import and export
deal in and deal with goods, wares and mer-
chandise of every class and description. and
in particular watches and parts thereof, in
Guiding both movements and cases, Jewelry
and gold and silver generally; eye glasses
opera glasses. field glasses and maEnifying
lens for all purposes: canes. umbrellas and
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 ".
The authorized capital stock Of this cor
poration is hereby fixed at the sum of ter
thousand dollars tS10.000.0OD, divided into
two hundred shares of the par value of nifty
dollars $500 each. and this corporation
shall commence doing business only when
have been subscribed for. Said capital stock
shall be full paid and worcestershire When
issued and shall he issued only for cash OF
in payment for property. movable or immo
vable. actually purchased by. conveyed &c
and received by said corporation or for labor
done or services rendered
No transfer of said capital stock shall bt
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 sucf
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 a 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 x
purchase upon the pro rata basis of the stocl
already standing in their respective names
on the books of the company.
ARTICLE V.
The business and affairs of this corpora
tion shall be managed and conducted by. anC
all the corporate powers thereof shall b
vested in and exercised by a board of three
directors to he elected from among the stock
holders of the company. The entire board
present, either in person or represented by
proxy, shall be necessary TO constitute
| quorum of the board. provided that II at AM
meeting a quorum be not present, two direc
| tors present in person or represented by
| proxy, shall constitute quorum at tn'
next meeting.
Until the first Monday in April 1913. o.
until their successors are duly elected. quail
| flied and installed, the directors of this cor
poration shall be composed of Jules ID. Eel
| tel as president Theodore Lowinsohn a
| vice-president and Milton NJ. Feitel as sec
| retary-treasurer. On the first Monday II
April, 1913, and semiannually thereafter
| to-wit: on the first Monday in October an,
| the first Monday in April Of each year.
| meeting of the stockholders of this corpora
| tion shall be held at its dOmicile for tn,
| purpose Of eectlng directors for the ensu
| ing term. Said election shall be by ballO
| and the stockholders receiving a majority
| of the votes cast shall be declared elected
failure from any cause whatsoever TO hOl'
this said seml-annual meeting or failure L
| elect directors on the day above specified
| shall not dissolve the corporation. but tn,
directors and officers then In office shall hoi,
over until their successors have been dull
| elected, qualified and installed and ther,
| 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.
Except herein otherwise provided. no
| tice of all meetings of stockholders for tn,
election OF directors or for any other pur
| pose. shall be given in writing by the secre
| tary-treasurer at least ten days prior to IA,
| date fixed for said meeting, and shall eithr
be delivered personally to the stakeholder
| or deposited in the mail directed to eaci
stakeholder to his address as same shall ap
| pear upon the books Of the corpora tiOn. ant
If no address appears upon the books Of tn,
corporation, then said notice shall be depOs
| tied In the mail directed, care of Genera
Delivery, New Orleans, La.
Any notice required by this charter MAJ
be waived In writing by any or all of IN,
stockholders appearing as such upon th'
books. At all meetings of stockholders
each stakeholder shall be entitled TO cast one
vote, either In person or by proxy, for eacl
share OF stock owned by him and standing
| In his name on the books of the company
and except as herein otherwise provided
majority OF the votes so cast shall be sui
| fcient to elect or decide any and all ques
| lions voted upon.
ARTICLE VI
The directors of this corporation as sooI
as possible after their election, shall qualify
| take office and elect from among their mum
Der president, vice-president and a sec