The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-31

corded in my offco in book 1858, folio -.
New Orleans. July Il, 1913
tSiEnclp EMILE !. LEONARD. by. X.
A true copy from the original act.
FELIX !. DREYFOTS. Not Pub
POI Carondeiet street, New Orleans.
july Il - 81 aug II Il 1913
CHARTER
or KOTTEMANN FURNITURE COMPANY.
United States of America, State Of lOui>i-
ana, Parish Of Orleans, city or New Or
BE it known. that on this fifteenth day
Of the month OF July in the year of our
Lord one thousand nine hundred and thir-
teen. and Of the Independence Of the United
States of America the one hundred and
thirty-eiShth. before mo, Philip GenSlcr. Jr..
Il notary public duly commissioned and quail
| iiird in and for the parish Of Orleans, therein
residing personally appeared the persons
whose names are hereuntO subscribed who
declared that. ayailiug themselves of the pro
visions of the laws OF this state relative to
the organization 81 corporations, they have
COvenanted and agreed, and do by these pres
cntS covenant and agree bind form and
constitute themselves, as well as such other
! persons who may hereafter join or become
associated with them, into 4 corporation and
body polite in law for the objects and pur-
! poses and under the agreements and Stipula-
| tons following. tO-Wit
Article The name and title of this
| corporation shall be The KOttemann Fur
niturc Company, and under that name II
| shall have and enjoy all the rights, advan-
| taEeS and privileges granted by law 10 cor
! puratUnS; ii shall exist for a period of
| uinety-nine years from date hereof unless
| sooner dissolved: IL shall have the power to
( contract. sue and be sued, in lis corporate
| name; To make and use a corporate seal. and
] the same 20 break or alter at pleasure; 10
| hold, receive, purchase, own. convey, mort
| gage, hypothecatc or pledge property. both
| real and personal; To issue bonds. notes and
| other obligations : to have and employ such
managers. directors, oth GERS. agents and 9th
! cr employees rs the interest and convenience
] .F "a safAFsT m linn In
make and establish. alter, amend and repeal
| such bylaws, rules and regulations. for the
/ mana cement and control of the affairs Of
! said corporation as may be deemed neccs-
! Article 1.-THE domicile of said corpora
/ tiOn shall be in the city of New Orleans
! state of Louisiana, and all citations and
| other legal process Shal! be served on the
! president, and, in his absence on the vice
! president, and, in the absence of both Of
| said officers on the secretary treasurer.
| Article lll.-Ihc objects and purposes for
| which this corporation is established and
| the nature Of the business to be carried on
| by II are hereby declared TO be TO buy and
| sell, at wholesale or retail. furniture and
housefurnishins goods Of every kind, nature
! and description whatsoever; and generally TO
| do and engage in any other business, under
taking or enterprise connected with growing
! out of, germanc or incidental TO any of the
| purposes and objects hereinabOve set forth
| or contemplated by this charter; and TO
| carry on and conduct its business in the
! the United States. or elsewhere.
Article IN.-The capital stock of this
/ corporation is fixed at the sum of three
I Thousand dollars So OOOb, divided into thirty
shares OF the par value Of one hundred dol
| lars each payable in cash, or for labor done
| or property actually received.
| Any stakeholder desiring TO sell, assign
or transfer his stock in this corporation
| must first offer said stock to this corpora
tion, which shall have the exclusive right TO
purchase same for period of ten days at
Its book value.
| No transfer Of stock shall be binding
upon this corporation unless made upon its
books, and all certificates of stock shall be
signed by such officers as may be designated
| by the board of directors
i Article V.-All the corporate powers of
this corporation and the management and
control of its affairs shall be exercised by
| a board OF directors composed of three or
Il more stockholders majority of whom shall
constitute a quorum for the transaction of
all business. The directors shall be elected
annually by the stockholders, at a meeting
l to he held on the first Monday in July of
each year. Each stakeholder shall be enti-
died. in person or by proxy. TO vote for
every share owned by him, and all elections
| shall be held under such rules and regula-
tons as may be determined by the board of
directors. The directors thus elected shall
continue in Office for one year, and until
their successors have been elected and quail
l fed. No failure to elect shall be regarded
as forfeiture of this charter. Any vacancy
occurring on said board shall be filled by
term. The board of directors shall, at its
first meeting after its election nominate a
president, a president, secretary-treaS-
urer, and general manager; The office of
general manager may be combined with that
4 Of president, yice-president or secretary
treasurer.
Any OF the directors shall have the right
to appoint, by written instrument another
director or stakeholder, TO act as his proxy
and in his stead al any and all meetings OF
the board of directors.
After the signing Of this charter, the
stockholders shall meet and elect three ol
more directors who shall serve until the
, election to be held on the first Monday ii
July, 1914.
held liable or responsible for the contract
or faults of such corporation in any further
sum than the unpaid balance due TO the
company on the shares owned by him: no
shall any mere infOrmality in organization
have the effect of rendering this charter null
or of exposing a stakeholder 10 any liabilit!
beyond the amount of his stock.
Article NII-This act of Incorporation
may be changed, modified, altered or amend
ed or the corporation may be dissolved. will
the assent of the stockholders owning three
fourths of the stock OF this corporation
present or represented, at a general meet
ing convened for that purpose, and after
least ten days written notice shall hay
been given through mail, or in person. un
, less such notice Is waived, to each stock
! holder at his last known place of residence
In case of dissolution by the expiration
! of this charter, or otherwise, the stock
! holders shall elect three commissioners o
liQuidators. from among their number, I
! settle the business and affairs of this cor
pOration. In case of the death or diSabilit
! of any one of said commissioners or liquf
dators, the survivors shall appoint sue
cessOr to him.
: Thus done and passed, in my office, at tn
!, city of New Orleans, on the day, and in tn
month and year first above written, in tn
presence of A. Miles COe and Paul Chase;
I competent witnesses, who have signed wit
= the appearers and me, notary, after readin
u of the whole.
/ All erasures. changes, corrections and il
II terlineatiOns approved before signing.
: Original signed Names of subscribers.
y Witnesses: A. Miles COe Paul ChaseZ.
q PHILIP GENSLER JR., Notary Publi
6 I. the undersigned recorder of mortgage
y in and for the parish of Orleans, state
y | Louisiana, do hereby certify that the aboy
I and FOREGOING act of. Incorporation Of "Tt
= KOttemann Furniture Company" was tn
L day duly recorded in my office. In book los
= folio -. New Orleans, July -, 1913.
e (Signed) EMILE LEONARD by. r.
o A true copy of the original, with II
: names OF subscribers and number of shar,
T subscribed for by each omitted.
e PHILIP GENSLER JR., Notary Publ