The herald. [volume] (New Orleans, La.) 1905-1953, 1914-08-06
Gil AFTER
hI
WAIDHORN COMPANY

LEANS CITY OF NEW ORLEANS.
BE It known, That ON this twenty ninth
aud fourteen. before me. Charles Ro~en.
Notary Public in and Tor the above Parish
and State, personally appeared the ~ubsCrIb-
cr, hereto. who declared that. availing them
selves Of the laws of tins State IN such cases
provided. they hereby form themselves, their
associates and successors into 4 corporation.
under the following ,tipuldtions, which they
adopt Is their charter, to-wIt.
ARTICLE The name and style Of this
corporation shall be WALDHORN COM
PANl, aud said corporation shall enjoy sue
ceesIou for period Of nincty nine years from
tins date, and shall have all the powers con
icrrcd by law upon corporations, and authority
To exercise all powers necessary or convenient
10 its business. with power to buy any exist
ing businesses and 10 pay therefor IL cash OF
stock OF The corporation.
ARTICLE 1.-THE domicIlr Of this corpora
ton shall be in the City of New Orleans.
State OF Louisiana, and all citation and other
dent. and in his absence or disability. upon
the Secretary Treasurer.
ARTICLE III.-The objects and purposes
81 this CORPORATION and the uatu-c Of th,. btsi.
ness To be carried on by il are hereby declared
to be: To carry on the business OF manufac-
turing. repairing. buying and selling gold.
silver. hrouzc and other metal wares, precious
stones. Jewclry OF every kind, ceramics, glass
ware, chInawarc, paintings, curioS. antiques
u al kinds. and furniture. and generally all
objects Of woodwork, rugs, tapestries. drap-
articles Of merchandise connected with or in
cidcntal TO said business; and doing all in
terror wood and decorating and upholstcring
work, and all other work connected with said
business; the carrying OF the business Of
Pawnbroker. and generally to do everything
incidental to or connected with said business
ARTICLE IN.-Thc capital stock OF this
corporation i hereby fixed at the sum of one
| hundred thousand CSlO,OODl dollars. divided
| into one thousand shares Of the par value OF
! one hundred dollars per share. The corpora
/ tI"n shall have the right 10 commence bust
ness and be a going concern when three thou
sand dollars Of the capital stock shall have
| been subscribed. All stock shall he paid for
| IN cash, or property received, or labor done
| Al such times and upon such terms and coudi-
| tons as the Board OF Directors shall prescribe.
| All transfers OF stock shall he made on the
| books OF the company on the surrender OF the
| outstanding certificate and pursuant TO such
! rules as the Board Of Directors may prescribe.
No stakeholder shall have the right to sell or
| otherwise dispose of his stock without first
| offering II IN writing for ten days. through
| the Board OF Directors, to the other Stockhold-
ers, who shall have the right to buy the same
| IN proportion to their respective holdings
| within said period for cash NJ a price not in
| excess of the book value of date of such
| offer; and ii any stakeholder refuses To pur-
| chase. the others shall have the right To buy
| the same in proportion to their respective
| holdings; and all stock shall be issued and
! held subject to this provision, and any per
! son acquiring same shall acquire and hold il
! subject to the terms OF this article.
! ARTICLE N.-All the powers Of this cor
| poration shall be vested ir and the business
and affairs shall be managed by Board Of
] three Directors, elected at the annual meet
! ing held on the first Monday of July of each
! wear, except the first board named herein,
] who shall hold office until the first Monday
| OF July. 1915. All elections shall be bv bal
! lot under the supervision Of said board No
| tee OF such meeting shall be given BY the
| secretary treasurer in writing delivered or
mailed to each stakeholder. or bv one publica.
| ma sr pf ct,
/ days prior to such meeting; hut this notice
may be waived by all the stockholders
| At all meetings of stockholders every
| stakeholder shall be entitled to one vote for
| each share of stock standing in his name on
| the books of the company At the date OF such
! meeting, said votes to be cast in person or bv
| written proxy; and a majority OF the votes
\ cast shall be sufficient to elect or carry any
| motion or resolution or adopt any action, ex-
| cept where otherwise provided by law or by
this Charter. The failure to elect at any
| meeting shall not dissolve or affect the cor
| poration, but the directors and officers Shall
| remain in office until their successors are
| elected and qualified. After their own cleo.
ton, the Board of Directors shall. as soon as
| possible, elect a President, 4 Vice President
| and a Secretary Treasurer from their own
| number, and such other officers, agents and
| employees as 1t may deem proper, who need
| not be directors or stockholders. and said
J board may grant such powers and prescribe
| such duties to each officer, agent and EN-.
| pioyee as said board may deem proper All
| vacancies IN the board shall be filled by the
| remaining directors. ANY member Of tn
| board may, by written proxy, appoint any
! stakeholder his representative to attend any
| meeting and act in his stead The board shall
| have the power to make, amend and repeal
| all bylaws and regulations Of the corporation
| The first board of directors and Officers
| shall consist of Maurice NJ. Levi President
| Mrs. Albertine L. Waldhorn Vice President
! and Samuel L. Waldhorn, Secretary-Treas
| urer.
| ARTICLE VI-Wheneyer this co-no-,+;or
| shall be dissolved, either by limitation o,
| otherwise, its affairs shall be liquidated BIZ
| two commissioners to be appointed from
| amongst the stockholders at Il general meet
| ing OF the stockholders convened for that pur
pose, or which meeting notice shall be giyer
IN the time and manner provided for stock
holders meetings in Article VII of this Char
ter, and majority in auount of the capita
| stock represented at such meeting shall h,
| requisite to elect. Said commissioners shall
| remain in office until the affairs of the com
pany are fully liquidated. In case of III,
death, resignation or inability to act of eithe,
OF SAID commissioners the vacancy shall b,
filled by the stockholders after Similar no
| tice, until which time the survivor shall con
tlnue to act. The said notice may be waived
by the unanimous consent Of all the stock
| holders.
| ARTICLE VII.-This act of incorporation
| may be modified. changed. or altered or sale
corporation may be dissolved with the assem-