The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-03
CHARTER
JOE KAUFMAN CO, LTD.
SITED STATES OF AMERICA STATE

JOE KAUFMAN CO. LTD.
UNITED STATES OF AMERICA, STATE
LEANS, CITY OF NEW ORLEANS.
Be IL known. that on this seventeenth
day of the month OF May, in the year
of our Lord one thousand nine hundred
Notary Public, duly commissioned
and qualified in and for the Parish of
Orleans. State of Louisiana, therein re-
siding. personally came and appeared
the persons whose names are hereun-
to subscribed. who declared that avail
ing themselves of the provisions of the
laws of this state relative to the organiza-
ton OF corporations, they have cove
presents covenant and agree. bind, form
and constitute themselves. as well as
such persons as may hereafter join or
become associated with them, into a
corporation and body polite in law for
the objects and purposes and under the
agreements and stipulations following,
to wit:
ARTICLE THE name and style of
this corporation shall be the JOE
KAUFMAN CO. LTD" and under said
name il shall have and enpoy all the
corporations: it shall exist for the term
or ninety-nine years: and ii shall have
power to contract, sue. and be sued in
its corporate name; to make and use
at pleasure. to hold, receive. purchase,
convey. mortgage, hypothecate or
pledge property, both real and personal,
issue bonds. notes and other obliga-
tions; to have and employ such manag
ers, directors, officers, agents and other
employees as the interest and conve-
nience Of said corporation may require;
and to make and establish such by
laws, rules, and regulations for the
proper management and control of the
affairs of said corporation as may be
necessary and expedient.
ARTICLE 1.-THE domicile of this
COrDOratiOn
Orleans. State of Louisiana, and cita-
ton and other legal process shall be
served on the president and in his alb
sence on the vice president of the cor
poration.
ARTICLE III-The objects and pur-
poses of this corporation and the ma
by ii are hereby declared to be to buy,
sell and deal in. to consign or receive
on consignment for sale or otherwise,
new and secondhand iron and steel
products. rails, machinery, equipment
and other merchandise. and generally
to engage in any other business or in
duStry connected with said purposes,
and to do and perform any and all acts
business of said corporation.
ARTICLE IV-The capital stock Of
this corporation is hereby fixed at the
SUN SUN oo OF o TWENTY-FIVE thousand dollars
bred and fifty (250) shares of the par
value of one hundred dollars (s1O0.00)
each, which shares of stock shall be
paid for in cash or it's equivalent, at
the time Of subscription, or may be is
sued for property actually received or
purchased by said corporation, or for
services rendered to 1t, and at such time
and in such manner as the Board OF
Directors may determine; which shares
of stock shall be issued full paid and
non -assessable, and shall be transfer
able only on the books of the company;
no stakeholder shall have the right to
sell any of the shares of stock owned
by him without first having offered
same in writing to the other Stockhold-
ers at the book value of said shares.
This corporation shall begin business
when five thousand dollars of the cap
ital stock have been subscribed for.
ARTICLE Vail the corporate pow
and management of its affairs shall be
vested in and exercised by Board OF
Directors to be composed Of four stock
holders. Two members OF said board
action of all business. The directors
shall be elected annually by ballot by
the stockholders at the office of the
company on the first Monday in April
in each year. after notice sent to each
stakeholder by mail to his last known
address, at least five days prior to such
election. Each stakeholder shall be en-
titled in person or by proxy to one vote
election shall be held under such rules
as may be provided by said Board of
Directors. The directors thus elected
shall continue in Office for one year and
until their successors are duly elected
and qualified; and no failure to elect
shall be regarded as q forfeiture of
this charter. Any vacancy occurring on
said board shall be filled by the remain
| ing directors for the unexpired term.
Said board at its first meeting after its
election. shall elect out Of its number
| a president, a vice president and a sec
rotary. who shall also be treasurer.
And said board may make and estab-
| lish, as well as alter and amend, at
pleasure, all bylaws, rules and regula-
| lions deemed necessary for the man
agement of this company, and shall
have the full authority to appoint and
discharge such clerks. agents and en-