The herald. [volume] (New Orleans, La.) 1905-1953, 1913-08-28
CHARTER


OF THE ART AND NOVELTY SHof;
United States of America, State OF LOUIS
ana, Parish OF Orleans, City Of New Or
BE n known, that on this the seventeenth
day of the month of July, in the year OF
our Lord, one thousand nine hundred ana
thirteen. before me. Meyer 5. Drelfus a no
tary public in and for the parish Oh orleans
state of Louisiana duly commissioned, sworn,
and qualified and in the presence OF the
witnesses hereinafter named ana under-
signed personally came and appeared tne
persons whose names are hereto suDscIiOeu'
who seyerally declared that, availlng them
selves of the provisions OF an act OF the
legislature of this state, known as act NO;
rs of the session acts of the year l9Oi, ana
as well as of the general laws or this state
governing the formation of corporations IN
general, they do by these presents covenant:
agree and bind themselves as well as all
associated with them, in order to form and
| constitute a corporation or body polltlc In
| 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 1t shall have and enjoy success
| sion and existence for period OF ninety-nlne
years from date hereof. 1t shall nave Inc
| power and authority to contract, sue and Do
| sued, to make and use a corporate seal anc
| the same to break or alter at pleasure; tS
name, elect or appoint managers, directors
and agents and to make and establish sucl
1 >.
requisite and necessary for its proper man
Article 1.-THE domicile of this corpora
tlon and Its principal office for the trsn Sa
Orleans parish OF Orleans. state or Louls'
ana.
The president, or in his absence, the sec
retarv-treasurer, shall be the ofncer upo i
whom citation or other judicial process shall
Article III.-The capital stock OF this cor
| poration Is hereby fixed at the sum or nv
thousand dollars $4,000 O), and this char
ter shall be operative and go into effect. ant
| said corporation become a going concerl
when the sum OF three thousand dollar
(S3. OOO.O0l. shall be subscribed for. In
capital stock shall be divided into fft!
i shares of the par value of one hundred dol
lars (S100) per share and shall be paid 10
in cash or the equivalent in real estate. o
any other property which the board OF ID
! Article iv.-The objects and purposes o
this corporation and the nature OF the bust
ness to be carried on by IL are hereby de
clared to be wholesale and retail importing
business to handle all kinds of hand-mad
laces, Madeira articles, ladies fancy under
wear, klmonas. shirt-wtist patterns silk an
silver scraps, latest designs of jewelry, an
such other merchandise as the BOARD OF o.
rectors shall see fit to purchase or otherwis
deal in.
:. Article v.-The business of said corpora
tion shall be directed by and invested In
board OF directors. composed OF Lnree StOCh
holders, each owning one or more shares, O
stock. The present board of directors bein
Morris Keil, Solomon Gabai and Josep
Showeke. with Joseph Showeke as pres
dent, Morris Keil vice-president and SolC
mon Gabai, secretary treasurer. They sha
hold their office until the first Monday !
January, 1917. and shall be elected annual
thereafter. A meeting Of the stakeholder
will be held on the first Monday in Januar
of each year. after ten days notice to eac
stakeholder.
All vacancies In said board from wha
ever cause shall be filled by the remainin
directors.
The board Of directors shall elect a pre-
ident, a vlce-president and secretary-trea
urer. majority OF the board shall const
tute a quorum for the transaction OF bus
ness.
l. The president and secretary-treasur
shall be the general managers of the corpo
alton and the salaries of all the officers shs
tbe fixed by, majority vote Of the stoc
/. holders at the date of election.
No checks shall be drawn except joint
by the president and secretary-treasurer al
no other obligation made except jointly
the president and secretary-treasurer.
Article Vino stakeholder shall be he
, liable or responsible for the contracts, fault
or debts of said corporation In any furth
sum than the unpaid balance due the corpo
alton on the shares owned by him, nor sht
, any informality In organization have {
effect of rendering this charter null or OF e
posing a stakeholder to any liability beyol
the unpaid balance due on his stock.
, Article yII.-This act Of incorporate
l. may be amended, altered or modified, or ii
corporation dissolved, by a vote of thrt
fourths Of the shares Of the total amount
' stock, at a meeting convened for that pr
pose, after ten days notice in writing mall
to the address of each stakeholder, and
least one advertisement in one of the dai
!. newspapers of the city Of New Orleans.
l. Article VIII.-At the expiration Of tt
!. charter, or II sooner dissolved, the affairs
L this corporation shall be liquidated by {
board OF directors, who are hereby vest
with full power to sell any and all asse
of the corporation and to convey full a.
complete title thereto and shall have II
|. power to do and perform all acts necessa
and proper fully and completely to liquida
the affairs and distribute the proceeds,
any. among the stockholders In proporti
+ to the amount of stock held by each.
Thus done and passed In my notarial {
, fee in the city of New Orleans, state Of 10
isiana, on the day, month and year fiji
above written, In the presence of DIV
Cochran and Azelie Bennett. competent. W
4 nesses, who have signed their names.
. gether with the parties hereto and me, \
tary, after reading of the whole.
al Original signed: Joseph Showeke.