The herald. [volume] (New Orleans, La.) 1905-1953, 1912-08-01
CHARTER.
OF CROCKETT SALES CORPORATION

OF CROCKETT SALES CORPORATION.
UNITED STATES OF AMERICA, STATE
LEANS, CITY OF NEW ORLEANS.
Be it known, that on this LIST day Of the
month OF June, In the year of our Lord one
thousand nine hundred and twelve, and of
the independence of the United States OF
America the one hundred and thirty-sxth,
before me, Lyle Saxon. a notary public, duly
commissioned and qualified In and for the
parish of Orleans, city OF New Orleans. state
or 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 corporations,
and especially to the provisions of Act as
OF 1904, they do by these presents form
themselves and their associates successors,
ana assigns, into corporation and body
and under the articles and stipulations here
matter set forth and expressed, under the
following terms and conditions, to-wit:
ARTICLE l.
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
Tor period Of ninety nine years from and
II.
in the manner hereinafter provided This
corporation shall have and enjoy all rights
privileges and immunities granted by law
TO corporations and under its corporate
NAME II shall have power and authority TO
contract. sue and be sued to make and use
corporate seal; and the same to change.
after or destroy at pleasure: to hold, receive,
purchase, hypothecate. 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
managers. directors, officers and agents and
other employees as Its interests NAV require /:
and to make and establish such bylaws
rules and regulations for the proper man.
agement and control of the affairs of the
said 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 OF the company or, in the event
or his absence from the CITY, or Of his ina
olllty 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
the business to be carried on by it, are here
To solicit and sell and purchase merchan n
disc In the nature Of drugs, toilet articles
and sundries Of like character and to manu-
tacture the same; to do and undertake any
ana all things necessary or Incidental there
TO, and to enter into all contracts, agree
ments or engagements, or incur any obiiga-
tion connected to or appertaining to said
business, or appropriate to Its effectual pros
ecution, and to conduct a sales agency of
any and all merchandise, and manufactured
lines.
ARTICLE w.
The capital stock Of this corporation IA
hereby fixed at the sum of one hundred thou
sand dollars ($10O, 0O0.0O), to be represented
by one thousand shares at par value of one
thousand dollars ($3,OOO0O) Of the said
capital stock must be subscribed and paid in
cash before the company can organize and
become going concern; the remaining
shares OF said stock shall be issued BY the
board OF directors, as they shall deem fit and
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 worcestershire
Said stock shall be represented by stock
cert,ncates transferable only on the books
OF the company, on the surrender Of the out
standing certificates, or proof of loss there
OF, ana under such rules and regulations as
the board Of directors may provide.
ID, before p any STOCK can be transferred, 1t
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 900 days from the
time OF Offer then the holder and owner of
the stock may dispose Of 1t in the open mar
ket.
The said capital stock may be increased or
diminished by proceedings taken in accord
ance with the laws Of the state Of Louisiana
ARTICLE v.
All the corporate powers Of this CORPORA
vested NV
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 of each year at which meeting each
stakeholder shall have the right In person
or by proxy to cast one vote on each share of
stock owned by him. Five members of the
board of directors shall constitute quorum
said board shall have power to fill all va
cancies occurring in the board, and all on
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-
ceded 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, l.. F. Beauyais, Robt. r. Ellis r. G.
P Pohse, I GuStave ,.h h0pp So6n r. IayioT
dent r. G. Persell, vice-president, and Gus
tave Kopp, retary-treasurer.
The officers of this company shall be q
president, a vice-president, and q secretary.
treasurer and they shall be elected annually
by the board Of directors at Its hrst meeting
after its election.