The herald., 1913-02-20
THE HERALD
ARTICLE I

New Orleans, state Of Louisiana. The pres
ident Of the board of directors thereof, or
in his absence the vice-president, shall be
the proper person on whom citation or other
legal process shall be served, and said cor
poration shall exist, and have and enjoy
succession, under its aforesaid corporate
name for the full term and period of ninety
nine years from and after the date hereof,
and shall have power and authority TO con
tract, sue and be sued In Its corporate
name, TO make and use corporate seal with
such device as may hereafter be determined
upon; the same TO break, alter and amend
as might be deemed proper; TO make and
establish such bylaws rules and regulations
for the proper management and regulation OF
the affairs of said corporation as may be
necessary and proper, and the same TO
change alter and amend at pleasure; 10 bor-
row money, make notes, bonds or obliga-
tiOns and TO pledge its capital stock; TO
hold, lease, receive, purchase and convey as
we'll as to mortgage and hypothecate, under
its corporate name, property, DOth real and
personal.
The objects and purposes for which this
corporation is formed are declared to be
as follows To transact a retail shoe busi-
ness in Shreveport La, as well as any other
business or businesses allied thereto or in
cidental thereto, and to conduct and oper-
ate such stores or business in. any part Of
this state as they may deem lit and proper.
ARTICLE III.
The capital stock of this corporation Is
dollars (S2O.OOO.00), to be represented by
two hundred shares of the par value of one
hundred dollars each, payable in full at the
time of the subscription. The board OF di-
rectOrs shall have the right TO issue shares
of stock only for cash, services rendered,
merchandise, property or other valuable con-
siderations, as they may see hit.
ARTICLE ".
The corporate powers OF this corporation
shall be vested In and exercised by board
of directors three in number, selected from
the stockholders of this corporation, and con
sistlng of a president, yice-president and
a secretary y-treasurer, any two OF whom Will
constitute a quorum for the transaction OF
corporate business. The first board of di-
rectOrs shall be elected at meeting of
stockholders to be held after the signing or
this charter. Said board OF directors and
officers shall remain and hold office for one
wear from the date Of their election, or until
their successors have been duly elected and
qualified, which election shall take place on
the third Monday In February 1914, and
annually thereafter The election FOR dlrec-
tors shall be 10y ballot. and the majority in
amount of stockholders voting whether pres
ent or by proxy, shall elect the persons TOT
whom they are cast. Each share or stock
voted upOn TO be counted for ore vote. Al
ter each election the board shall elect from
their own number the officers above named.
The board of directors shall elect said OH
GERS.
The board of directors shall give at least
ten DAYS notice by mail of the election OF
directors and shall appoint one or more
stockholders TO preside at such election. ANY
failure from any cause whatsoever to elect
directors on the day named for that purpose
shall not dissolve this corporation, but the
directors and officers then In office shall hold
over until their successors are chosen and
qualified.
er and authority to ill vacancies in their
number caused by death, resignation, or 9th
erwise. The said board is further authorized
to frame and adopt such bylaws, rules and
regulations as the affairs and business OF the
company may require, and 1t may deem nee
eSsary for the conducting and management
thereof. provided the same does not conflict
with this charter, and the laws of the state
of Louisiana. and those of the United States
10 name and appoint a general manager, III
his compensation and terms of employment
as we'll as such other agents, employees as
in its discretion may seem fit and proper.
The board of directors are specially vest
ed with the power to acquire and purchase
such property or business, or good will, ol
| all Of these from individuals or firms. Ol
other corporations as said board of direc
tors may deem advisable and proper, and
think best. and to pay therefor In the ful
paid capital stock of the corporation. Thi:
| power TO purchase and acquire to be exer
| ciSed by the said board without the neces
sity Of referring TO the shareholders for au
| thOrizatiOn.
| This charter may be amended, modified ol
| altered or this corporation dissolved. at
| general meeting Of the stockholders con
vened for that purpose with the assent g
| the aiority of the stock which may be Is
| sued. present or represented at such meet
| ing. Thirty days notice by mall shall IN
| given of such meeting; in case of dissolution
or termination OF this corporation the liqui
datiOn OF its affairs shall be conducted b!
| three commissioners selected in like name
| and by like vote and assent at a meetin!
| called as above for that purpose.
ARTICLE VI
| No stOckholder shall ever he liable or re
sponsible for the debts. contracts or fault
Of this corporation for any further sum thar
the unpaid balance due on the shares o
stock subscribed for or owned by him: no
shall any informality in the organization
have the effect of rendering this charte
null or OF exposing a stockholder to any liza
| bility beyond the amount OF the unpaid bal
ance on his subscription to the stock.
ARTICLE VII.
i Should any stockholder or stock de
| sire 10 sell or dispose of all or any part o
said stock or relinquish his interest in tn
| corporation or desire to terminate or dis
i solve the same, he shall first tender sue
stock, for purchase. TO the other stockhold
| ers and the other stockholders shall have tn
| preferred right, for sixty days TO purchas
the stock so rendered at the price shown b
the books of the company. All stock issued
or to be issued, shall be subject to the fore
ARTICLE VIII.
i The capital stock of this corporation ma
| be increased or decreased on complying wit
i the requirements of the law. and with sue
bylaws as may be consistent with the law
as may be hereafter aodpted by the boar
i of directors.
ARTICLE TX.
| This corporation shall be a going concern
and be authorized to do business under thi
i charter as soon as the full amount of Ii
| capital stock shall he subscribed for.
Thus done and passed in my Office on tn
day and date first above written, in tn
presence of Messrs. T. A. Schuber and "
i ConkertOn, both competent witnesses dom
/ ciliated in this city, who signed these pre-:
ents, together with the parties and me, NJ
tary. after a due reading of the whole. tn
parties hereto also affixing opposite thei
names their respective subscriptions to tn
capital stock of this corporation, which sha
constitute the original subscription list 9
stock subscribed In this corporation.
j (Original signed)
II (Subscribers names)
I Witnesses: T. A. Schuber, ". Conkertor
EDWARD NJ. ROBBERT, Not Pub.
State of Louisiana, Parish Of Orleans.
/, the undersigned recorder of mortgage
for the parish of Orleans, aforesaid, do her
by certify that the above and foregoing az
of Incorporation of the Boston Shoe Stor
Inc, OF Shreveport, La, was this day r.
corded in my Office in book -, folio =.
! Witness my hand and official seal tn
t 18th day of February 1913
/, (Signed) EMILE LEONARD, Dy. Rec
EDWARD NJ. ROBERT, Not. Pub
l feb 13 20 81 mch 13 20
| rIIApnr-D