The herald. [volume] (New Orleans, La.) 1905-1953, 1913-06-26
CHARTER
-"
JOE KAUFMAN co. LTD

OF LOUISIANA. PARISH OF Or
LEANS. CITY OF NEW ORLEANS.
Be ii known. that on this seventeenth
day of the month OF May. in the year
of our Lord one thousand nine hundred
and thirteen, before me. Charles G.. Gill,
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
nanted and agreed. and do by these
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 1.-The name and style of
this corporation shall be the JOE
KAUFMAN CO. LTD" and under said
rights and privileges granted by law to
corporations; it shall exist for the term
of ninety-nine years; and it shall have
power to contract. sue, and be sued in
| its corporate name; to make and use a
corporate seal, and the same to alter
at pleasure, to hold, receive. purchase,
convey. mortgage. hypothecate or
pledge property, both real and personal
lions; 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
corporation shall be in the City OF New
! Orleans. State of Louisiana, and cita-
tion 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
ture of the business to be carried on
sell and deal in, to consign or receive
on consignment for sale or otherwise,
new and secondhand iron and steel
products, rails, machinery, equipment
to engage in any other business or in
dustry connected with said purposes,
and to do and perform any and all acts
incidental to the carrying on OF the
business of said corporation.
ARTICLE IV-The capital stock OF
this corporation is hereby fixed at the
sum of twenty-five thousand dollars
s25. 000.00), represented by two hun
dred and fifty (250) shares of the par
value of one hundred dollars (s100.00)
each, which shares of stock shall be
paid for in cash or its 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 IL. 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
worcestershire. 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
erS OF this corporation and the control
and management of its affairs shall be
vested in and exercised by a Board OF
Directors to be composed OF four stock
holders. Two members of said board
shall constitute a quorum for the trans
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
| titled in person or by proxy to one vote
| for every share owned by him, and said
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 cleo
shall be regarded as forfeiture Of
this charter. Any vacancy occurring OF
said board shall be filled by the remain
| ing directors for the unexpired term
Said board at its first meeting after IL
| election. shall elect out of its numbe
a president. a vice president, and sec
i rotary. who shall also be treasurer
| And said board may make and estab
i lish, as well as alter and amend, a
II pleasure, all bylaws, rules and regula
i tions deemed necessary for the man
i agement of this company, and shall
II have the full authority to appoint an
Il discharge such clerks. agents and EN-