The herald., 1912-12-12
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
tne 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 a general business corporation and
II is organized TO carry on the business Of
jewelers. and opticians or any other business
not prohibited by law; TO deal in jewelry and
carrying on the business OF opticians: to
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; eve glasses
opera glasses, field glasses and magnifying
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 ten
thousand dollars (S10,000OO), 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
nave 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-
Vaole, actually purchased by, conveyed 10
and received by said corporation or for labor
done or services rendered.
No transfer of said capital stock shall he
binding upon this corporation unless re-
corded on the books thereof and made pur-
suant 70 and In accordance with its charter
and bylaws. No stakeholder may offer for
sale, assign or transfer his stock in this
corporation without giving to the other
stockholders ninety days prior notice of such
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
Tor notice OF stockholders meetings and the
other stockholders shall have the first priv
llege OF purchasing said stock or any part
thereof at the book value thereof for a pc
Rod or ninety days from the delivery of said
nollce 10 the president, after which ninety
days said stock may be sold in open market
IN the event that the other stockholders
avaii 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 20
purchase upon the pro rata basis Of the stock
already standing in their respective names
on the DOCKS or the company.
ARTICLE V.
, Inc business and affairs Of this corpora |
tion shall be managed and conducted by, and |
an the corporate powers thereof shall be |
vested In and exercised by a board of three |
directors to be elected from among the stock |
holuers or the company. The entire board |
present., either In person or represented by |
proAy, snail De necessary to constitute a
quorum or the board, provided that II at any |
neeting quorum be not present, two direc-
tors present In person or represented by |
proxy, shall constitute a quorum at the
Until the first Monday in April. 1913. or
lntii their successors are duly elected, quail
med and Installed, the directors Of this cor
Doration shall be composed OF Jules u. Fei-
Tiee-president' and Milton NJ. FeiteI as sec
,etary-treasurer. On the first Monday in
april, 1913, and semiannually thereafter
owl. on the first Monday in October and
me nrst Monday in April of each year, a
meeting OF the stockholders of this corpora
Ion shall be held at its domicile for the
purpose OF electlng directors for the ensu-
ng term. Said election shall be by ballot
md the stockholders receiving a majority
u the votes cast shall be declared elected.
Iaiiure from any cause whatsoever to hold
ms said semtannual meeting or failure TO
iect directors on the day above specified
hall not dissolve the corpora tion. but the
directors and officers then In Office shall hold
yer until their successors have been duly
i,ec1ed, qualihed and installed and there
nall be no election of directors BY stock
olders until the date OF the next semi-an-
luai meeting. to which or to any subsequent
emEannuai meeting or meetings the same
uLNo snail apply.
Except as herein otherwise provided. no.
Ice or all meetings of stockholders for the
lection of directors or for any other pur- I
ose, shall be given in writing by the secre-
ary-treasurer at least ten days prior to the
ATE nxed Tor said meeting, and shall either {
e delivered personally to the stockholders {
T deposited in the mail directed TO each {
toekholder TO his address as same shall ap-
ear upon the books Of the corporation. and {
no address appears upon the books OF the |
operation, then said notice shall be depos- |
,ed In the mail directed, care of General
delivery, New Orleans, La. S
Any notice required by this charter may L
e waived In writing by any or all OF the
tockholders appearing as such upon the d
ooks. At all meetings of stockholders. 4
len stockholder shall be entitled TO cast one
ote, either In person or by proxy, for each
hare OF stock owned by him and standing 4
1 his name on the books OF the company, S
nd except as herein otherwise provided, t
majority of the votes so cast shall be suf- I
Client to elect or decide any and all ques- |
ons voted upon. i
ARTICLE VI. y
The directors Of this corporation as soon
> possible after their election, shall qualify,
Ike ONCE and elect from among their num-
er president, yice-president and sec-l
etary-treasurer. The board of directors I