The herald. [volume] (New Orleans, La.) 1905-1953, 1913-08-07
CHARTER

CHARTER
OF SANITARY CARPET CLEANlN" ~.
State of Louisiana, Parish OF orleans, tI'S
of New Orleans.
Know all men by these presents tnaI on
,bis 21st day of the month Of July, IN the
raor one thousand nine hundred ana thlr-
feen before me, Mark Mayo Boatner, no,
tary public, duly commissioner anu PddiiHt. ~
in and for the city OF New orleans, Pal ~ ~
aud state aforesaid, and in the presence VI
thn witnesses hereinafter named ana uhutI-
signed personally came and appeared lue
several persons whose names are htIe SiE
subscribed, who declared that a.aii Liii
Themselves OF the laws OF the state Oh LOU
isiana in such cases made and proViued
they have cOvenanted and agreed anu w
hereby mutually covenant ana aSIte ~
themselves, their successors anu liDse Wy
NAV hereafter become associated win theu
10 form a corporation for the obIecls anu
nurnosqs and under the conditions ana sup
uIations contained in the following chaI'eL'
to-wit:
Article 1.-The name and style of this
oor.noration shall be Sanitary Carpet Clean
Inc Tnmnany and il shall have corporate
existence for the term of nlnety-nlne !taIS
from the date hereof, unless sooner ulssoISeu;
under the provisions of this charter II shaIl
have mower TO sue and be sued, under It's
said corporate name; to make ana use
corporate seal and TO alter same 70 hoiu'
receive purchase. lease and otherwise az
0uire. by any title whatsoever, property OF
ali sorts: to lease sell, mortgage, pledge or
otherwise convey and cucumber the same 10
borrow money, to name ana appoint SUI
managers and directors ana Otner uhCeIs
and such agents and employees as lts inter
ests or convenience may require; from time
TO time to make establish ana amehu suCn
bylaws, rules and regulations Tor the man man
agement of the affairs OF the corporation
as NAV be necessary or convenient ana gen
erally to have and exercise all such other
and further rights and privileges not lhcoh-
sistent with this charter as are now or may may
hereafter be conferred on like corporations
by the state of Louisiana, or any Other Stale,
territory or country In which II may 90
business.
Article 1.-THE domicile of this corpora
ton shall be in the city of New orleans,
state of Louisiana. The president, or IN MS
absence or in case of his disability, the vice
president is hereby designated as the ohcer
on whom citation and other legal process
shall be served.
Article III.-The objects and purposes Of
this corporation and the nature of the busl-
ness to be carried on by 1t are hereby de-
clared to be as follows: To carry on the
business of manufacturing and making car
nets rugs curtains and other similar ar
ticles, and cleaning, repairing, ren0VatlnS
and storing same and the cleaning OF SHIPS,
cars. houses and other structures.
Article IV.-The capital stock OF this cor
poration shall be the sum of twenty-five
thousand dollars (S25, 900. OO), divided into
two hundred and fifty (2J0) shares of one
hundred dollars (SlO0.OO) each; the same
shall be paid for in cash on the acceptance
of subscriptions therefor, or In such lnstall-
ments, payable at such times as the board
of directors hereinafter established may
from time 10 time prescribe, or same may De
issued by authority Of the said board or
directors in payment Tor property or 1Or
labor or services actually performed for II.
.. This corporation shall begin business
and become a going concern as soon as
three thousand dollars (S3,OOOOO) of its
capital stock shall have been subscribed.
3. That portion of the authorized capital
stock of this. corporation which shall not be
subscribed for by the original incorporatOrs
shall be held in the treasury for the cOrpOr-
alton until the issue thereof shall be au-
thOrized by the board of directors and in
that event, existing stockholders shall have
the right to subscribe for and take such
stock in proportion in which they at that
time hold the issued stock of the corpora
ton, provided, however, that the board of
directors may reserve out or said unlSsued
treasury stock not more than two thousand
dollars tS2. 000.0O) in par value, TO be sub
scribed for by Thomas ID. Sadler and 10 be
paid for by the said Thomas ID. Sadler on
such terms and conditions as the said board
may prescribe.
alton shall be vested in and exercised by q
board of directors, composed of three stock
holders who shall hold their offices for the
term OF one year or until their successors are
elected.
.. The election of directors shall take
place annually on the second Monday of
January. Such elections and all other cleo
tions under this charter shall be by ballot.
The same shall be held at the domicile of
the corporation and in its head office, under
the supervision of a commissioner appointed
by the board of directors. Notice of such
elections shall be sent to each person who
appears bv the books to be a stakeholder, by
mail, at his last known address, the same
TO be posted, charges prepaid, at least ten
DAYS before the election and no other or
further notifca lion therefor need be given.
II the address of any stakeholder be not
known II shall be sufficient TO deposit the
notice in the post office, addressed General
Delivery New Orleans, La"
3. Any vacancy occurring among the di-
rectors or officers shall be filled up by the
board Of directors for the remainder Of the
term then running. Failure to elect direc-
tors on the day above appointed shall not
dissolve the board of directors nor the cor
poration, but the directors and other off,
GERS heretofore elected shall remain in Of
fee until their successors shall be elected.
T. The first board Of directors shall be
Of Clarence o. Sheriff., Thomas
D. Sadler and St-Ila II. Sadler, of whom
Thomas ID. Sadler shall be president, Stella
q. Sadler, yice-president and Thomas D.