The herald. [volume] (New Orleans, La.) 1905-1953, 1912-10-03
CHARTER.

OF THE S-BEACVAIS ADVERTISING
AGENCY. INCORPORATED.
STATE OF LOUISIANA. PARISH OF Or
LEANS, CITY OF NEW ORLEANS.
Be it known, that on this seventeenth day
OF the month Of September. in the year one
thousand nine hundred and twelve and Of
the Independence of the United States of
America the one hundred and thirty-Sixth
personally came and appeared the several
persons whose names are hereunto subscrib-
ed. who declared 10 me. notary. in the pres
ence Of the undersigned witnesses, that
awaiting themselves Of the provisions Of the
laws Of the state OF Louisiana. they have
mutually agreed and contracted. and BY
these presents do agree and contract. to
form corporation, and do hereby form and
organize a corporation under the following
conditions. tO-wit:
ARTICLE |.
The name Of the corporation is hereby de-
elared TO b. Simms- Beauvais Advertising
Agency, Incorporated. and shall have and
enjoy corporate existence for a period Of
nifty years from and after the date hereof
unless sooner dissolved in the manner pro-
vlded by law; and by and under that name
II shall have, enjoy and exercise all rights
powers and privileges hereinafter set forth
as well as those granted, or that NAV be
hereinafter granted by law. the full author
lily 10 contract, sue and be sued TO make
and use corporate seal and the same TO
alter and break at pleasure; 10 name elect
and appoint such directors officers mana
gers, attorneys, clerks and employees as its
ousluteS may ana TO make and
adopt, and AT its pleasure amend or abrogate
such rules. regulations and bylaws for the
proper government of the affairs Of the cor
poration as may be necessary, proper or
convenient
ARTICLE ii.
The domicile OF the corporation Is de-
ciared 10 be In the city of New Orleans and
all citations or other legal processes shall
be served in accordance with the laws gov
erning the service of corporations.
ARTICLE Ill
The objects and purposes for which this
corporation Is formed. and the nature of the
business TO be carried on by IL. are.
To write, design and prepare and place
advertising: TO contract for and TO do print
ing, or engraving and preparing of adver-
Using matter.
To act as advertising experts and agents
and 10 engage In general advertising bust
ness including magazines newspaper bill
coard bulletin and all other forms Of adver-
eral advertising business.
To own real estate, leases. etc, and to
buy and sell movable and immovables.
ARTICLE ".
The capital stock Of this corDoration ;s
hereby fixed at the sum of twenty-fye hon,
sand dollars $4,000. 00D divided into $50
snares OF the par value Of one hundred dol
lars each, 12o shares to be preferred s per
cent guaranteed dividend stock and los
shares to be common or operative stock
SAID stock shall be paid for in cash or its
equivalent, In such amounts at such times
anu AFTER such notice as NAV be prescribed
and determined by the board of directors or
said board of directors shall have power TO
issue said stock at not less than par in
payment for labor done or services rem
dered 10, or property actually received or
purchased by said corporation. and when so
issued for labor done, services rendered or
property received or purchased. the yalua-
ton OF such services or labor or such prop
erty shall be fixed by the board of directors
and such valuation when fixed BY a resolu-
tion or the board Of directors shall be con-
dealing with said corporation as to the value
OF such services and property.
All transfers of shares OF capital stock
OF this corporation shall be entered on the
stock books and no transfer of stock shall
De binding. In any manner, on this corpora
ton unless and until so registered in said
stock book All stock must first be offered
10 the board of directors who shall be al
lowed 70 purchase same at the book value
prior 10 the offer 10 sell to any one else and
they shall be allowed a period of ten DAYS
In which TO either buy or reject the offer.
This corporation shall have the right to
business and be a going concern
when this act of Incorporation shall have
been signed and when the sum Of $4,000. 90 |
OF the capital stock shall have been actually |
subscribed for.
ARTICLE V.
All the corporate powers BY law vested In |
this corporation shall be exercised by a /
board OF directors composed of three stock /
meeting of the corporation TO be held on /
me nrst Wednesday In August in each year.
IND shall hold Office until their successors
,e duly elected and qualified The said
)oard OF directors is authorized to I'll any
'acancy among their number or the officers