The herald. [volume] (New Orleans, La.) 1905-1953, 1913-08-21
CII AFTER


OF THE ART AND NOVELTY SHOP:
United States of America, State of LouiSi
ana, Parish Of Orleans, City Of New Or
leans.
BE Il known, that on this the seventeenth
day of the month of July, in the year or
our Lord, one thousand nine hundred and
thirteen. before me. Meyer ). Dreifus a no
tary public in and for the parish of Orleans.
state of Louisiana duly commissioned, sworn,
and qualified and in the presence OF the
witnesses hereinafter named and under
signed personally came and appeared the
persons whose names are hereto subscribed.
who scverally declared that, availing them
selves of the provisions OF an act or the
legislature of this state, known as act No
IS OF the session acts of the year 1904, and
as we'll as of the general laws of this state
governing the formation of corporations in
general, they do by these presents covenant.
agree and bind themselves as well as all
such other persons as may become hereafter
associated with them, In order to form and
constitute a corporation or body polite Ia
law for the objects and purposes, and un-
der the stipulations following, to-wit:
Article 1.-The name and title OF this cor
poration shall be THE Art and Novelty
Shop" and it shall have and enjoy success
sion and existence for a period of ninety nine
years from date hereof. 1t shall have the
power and authority to contract, sue and be
sued, TO make and use corporate seal and
the same to break or alter at pleasure; 10
name, elect or appoint managers, directors
and agents and TO make and establish Such
bylaws, rules and regulations as may be
requisite and necessary for its proper man
agement.
Article 1.-THE dOmicile OF this corpora
ton and its principal office for the transac-
ton of business shall be in the city OF New
Orleans, parish Of Orleans. state of Louisl
ana.
The president, or In his absence. the sec
retarv-treasurer, shall be the officer upon
whom citation or other judicial process shall
be served.
Article III.-The capital stock OF this cor
Il q of
thousand dollars (S5,0O0.O0), and this char
ter shall be operative and go Into effect. and
said corporation become a going concern
when the sum Of three thousand dollars
(S3. O00.00D. shall be subscribed for The
capital stock shall be divided into fifty
shares of the par value of one hundred dol
lars (SlOO) per share and shall be paid for
in cash or the equivalent in real estate, or
any other property which the board Of d.
rectors may approve.
Article IV.-The objects and purposes Of
this corporation and the nature OF the bust
ness to be carried on by 1t are hereby de-
clared to be a wholesale and retail importing
business to handle all kinds Of handmade
laces. Madeira articles, ladies fancy under
wear, kImOnas, shirt-wtist patterns silk and
silver scraps, latest designs OF jewelry, and
such other merchandise as the board OF d.
rectors shall see fit to purchase or otherwise
deal In.
Article v.-The business OF said corpora
ton shall be directed by and invested In a
board OF directors, composed of three stock
holders, each owning one or more shares Of
stock. The present board of directors being
Morris keil. solomon Gabai and Joseph
ShOweke with Joseph Showeke as pres-
dent, Morris Keil vice president and Solo
mon Gabai, secretary treasurer. They shall
hold their office until the first Monday in
January, 1917, and shall be elected annually
thereafter. A meeting OF the stockholders
will be held on the first Monday in January
Of each year, after ten days notice to each
stakeholder.
All vacancies In said board from what
ever cause shall be filled by the remaining
directors.
The board Of directors shall elect a pres
ident, a vice president and a secretary-treas
| urer. A majority OF the board shall cOnsti-
tute a quorum for the transaction of bust
ness.
The president and secretary-treasurer
shall be the general managers OF the corpor-
| alton and the salaries of all the officers shall
be fixed by a majority vote of the stock
holders at the date Of election.
No checks shall be drawn except Jointly
| by the president and secretary treasurer and
no other obligation made except Jointly by
the president and secretary treasurer.
Article Vino stakeholder shall be held
| liable or responsible for the contracts, faults.
or debts OF said corporation In any further
sum than the unpaid balance doe the corpor-
| alton on the shares owned by him, nor shall
any iuformality in organization have the
effect OF rendering this Charter null or Of ex.
posing a stakeholder TO any liability beyond
the unpaid balance due on his stock.
Article VII.-This act of Incorporation
may be amended. altered or modified, or this
corporation dissolved, by a vote OF three
fourths OF the shares OF the total amount OF
stock, at meeting convened for that pur-
pose, after ten days notice In writing mailed
to the address of each stakeholder. and at
least one advertisement in one of the daily
newspapers OF the city OF New Orleans.
Article VIII.-At the expiration of this
charter, or II sooner dissolved, the affairs OF
this corporation shall be liquidated by the
board OF directors, who are hereby vested
with full power TO sell any and all assets
Of the corporation and to convey full and
complete title thereto and shall have full
power TO do and perform all acts necessary
and proper fully and completely to liquidate
the affairs and distribute the proceeds. II
any. among the stockholders in proportion
to the amount of stock held by each.
Thus done and passed In my nOtarial Of
fee in the city of New Orleans. state OF Lou.
isiana, on the day, month and year first
above written. In the presence OF Olivia
Cochran and Azelle Bennett. competent wit
nesses, who have signed their names, to-
gether with the parties hereto and me, no.
tary, after reading of the whole
Original signed: Joseph Showeke 16