The herald., 1914-04-16
ACT OF INCORPORATION


'I. Ili. ~.H IiIthN AXIS AND kh. -
~D' lLiN.
r....t State. .s America. State OF louisiana
r....F .... Orleans t.-s. ..r N-., Orleans
n. .. .-.... g..t .- rrf- .r, rr,,I ia, #
... .... ..F trrr D.. the s,.- ~ our Lore,
.... .. ..-..# r--. hundred and fourteen. and
.. .... r.H.r.-. F,.... .- .nr I..r.,4 States
l.... ... .r, frrr.,.g .rf ,ar..-
.-... ..... ... Joseph Srna. Notary Pub.
. ... -..... .. ,..,.,r. -l.r,.. -,.II.a..
f . r... -..-....... of r.. r.-,f-. .,,- named
... .........H witnesses. .,.. ..fIy came.
..H r".... '., -.E,r.I persons Hln-e names
.- a.......... -..r.-..-r..H .,f.. -,..-urrg F..
....# III. .- .,...... .-.-r-,.,., ~ .... -...,.-
...- .- ... ....- .t rr.- State. rr... have, cove
..-...E .r." .g...l .uI Is 20. these. presents.
..,...-,. ..,- ..t r.,.r ~.r..,.--..-- ..... d. ..-
.....r... ..E ..t. r...r.. lu r... f.- the uu
...r- ..| ....--- ana r..f.- -r, ..-.f f..ra.-
..a -.....r..,- r.E'.,,ul. ,.-Art.
N.-..r- ~..F ...-r..-..,..-. shall .. L-r..,r
..l E.-....t.,H .- lEr ~ugtr,r. Arr~ and
Crafts ~.....r. and r.r,r-- ~rrI name n shall
,,.-. a.I ....s -s..r---.r t.- the .tru a.G
..-r.F .t -.-,-,..,.r- wear. f...- and after rf.,
date. .. ,u,.... r.,-,...-. and shall frr,. and
exercise. .. ....r- and privileges Granted rr.,,
..- hereafter .s rN unto ,.-lu.-.r.,..-. To- CON.
tract. ~ru .rI nr sued; G, make and use a
....f..r.tt seal. and the SAINT, break and alter
.r pleasure, g.. H..t receive lease. rr,,r,rr, On.
f.r..r.r 90. otherwise. -..,-.ra-,. .rJ ,.-,.Z
.- sci. a- u.r,a.age. pledge and hyuorhr,l,r
3. "a. . . u Do .f
and rrsurpurraE
Article H. The d.wir,Ir af SAID ..-p.ra-
ZION shall nr -u rhc Ci,y Of N,, Orleans.
State of I..rf-r...., and I'M -i-.rf.-, .~ ,,lr,~
',E.I process shall Hr served uu the President
.. said corporation. OF in case. u. ms absence
uTag rIr Secretary thereof
Article Ill., III, objects and PURPOSES for
which tins rr~r.ra-r.r Is established .rI tr,.
uar.r.- .t rrr iu>lur-, 90 hr carried on Ly
%. are arryb. l., Jared % De. 10 IN ,lrrrl1 and
.uilr.fr -frl.... Shoals ,rrr. and f1...,ri,.,-
rn maintain hrauchc, and associate societies
DO any place Iu the United States. 10 instruct
teach. and perfect students and members I'M
arts and craft, lu all their branches. which
includes the study OF art and design along
unusual lines: the. designing of rrri1r,r ri,-as
rt pottery. lcwcIry. tapestry, woodwork. metal
and the study of correct arlhitccturc. dc,or1-
,Iou and furnishing hv periods and the MANN
iac,nrc and sale Of the above articles; and TO
appcrtain 10 the objects and purposes above
expressed
Article IN. The capital stock of said carpor-
alton Is hereby declared 10 be the sum Of Five
Hundred Thousand Dollar, Jiv,lrd int, ~
represented by Five thousand shares of the par
value OF One Hundred Dollars each sad
stock shall be subscribed for and paid in cash
or its equivalent. and the same may he ISSUED
for property actually received or labor done
for said corporation.
Transfers OF stock shall only he made on the
books OF the corporation by stockhoidcr, in
person or by proxy, but no stock shall be sold
or transferred by a StoCkh0lder unless said
stock shall have first been offered to the Board
Of Directors OF the Corporation, at book value, |
through written notice sent TO the President !
OF the corporation and only upon the failure I
OF the corporation to avail itself. within thirty /
days OF SUCH right to purchase, shall such !
Si"CH become transferable The corporation |
shall become going concern and be authori- /
Zed to commence business soon as Twenty |
HVe thousand dollars OF the. capital stock /
suTi Ti OT sunscTlhed and PAID Tor.
Inc dividend 10 be earned on the capital |
STOCK ShaIi bc ana Is, limited TO seven per cent |
! c'Gn' dividend Is earned more than sutI- /
,Ls. 10 ueS'ate Ihe aforesaid seven per cent,