The herald., 1914-02-19
CHARTER
OF TIE B-I-N-O JEWELRY GO.
January p'fh 1914

OF TIE B-l-N-O JEW El.k1 ~
January 9TH, lqlt.
State Of Louisiana, Parish OF Orleans, City |
OF New Orleans.
BE it known, That this twcnty-sINth day |
of the month OF January, IN the year one thou- |
sand nine hundred and fourteen, before me; |
Wynue Grey Rogers, notary public IN ana
for the Parish OF Orleans, State OF Louisiana
therein residing and IN the presence OF t hS
witnesses hereinafter named and undersigned,
perSonally came and appeared the undersigned
parties, who declared unto me, notary, mat
availng themselves OF the laws OF the state
Of Louisiana, in such cases made ana pro-
vided thew do hereby form themselves into Il
corporation for a term OF nincty-nlne years
from this date unless sooner dissolved toi
the objects and purposes and under the stipu-
lations hereinafter set forth.
Article l. The name and title Of this cor
poration shall he B-i-n-O Jcwelry Company,
the domicilc whereof shall be IN the City oil
New Orleans, State OF Louisiana.
Article IL. All citation or other legal pro-
cess shall be served On the president and IN
absence or inability 10 act, on the vice presI-
dent and in the absence OF boih OF these OF
their inability to act, the secretary.
Article Ill The objects and purposes OF
this corporation shall be TO engage in the
manufacture OF and in the bushes OF buying
and selling jewelry and other merchandise on
the installment plan or otherwise, and shall
have all the powers granted by law TO such
, corporations and more especially the power
name, to hold. receive, lease, purchase, sell
and convey, mortgage and hypothecate prop,
erty both real and personal and to name and
appoint such officers, employees and agents as
its interest and convenience may require.
Article ". The capital stock OF this cor,
poration is hereby fixed at hve thousand
| is5OOOOO dollars divided into five hundred
| shares of ten dollars $1,000 each, payable IN
cash, for services rendered and property act
| ually furnished and delivered or their equlva-
| lent at the discretion of the Board OF Dlrec-
/ tors This corporation shall begin business as
| soon as three thousand $4,000 dollars OF ITS
capital stock is subscribed, two hundred
shares OF said stock shall be held for the bene;
fit of the Corporation as Treasury Stock. SAID
| Treasury Stock shall be sold for cash only,
and at such price as the Board of Directors
may fix they may deem to the corporation
| best interests, may sell the same on IN
stallments, holding the stock as collateral un-
Article v The affairs of this corporation
shall be, managed by a Board of Directors rec ,,
nually, by ballot, on the first Monday OF
February soon thereafter as possible.
Each share of stock shall have one vote IN a
stockholders melting TO be represented in per-
i Until the election in February, 1915, the
following stockholders shall constitute the
Board of Directors; Charles Meter, j. T.
White, c. b. Tompkins and Frederick Mathes,
with Charles Melter, president; J. p. White.
vice president; c. B. Tompkins, secretary, and
Frederick Mathes, treasurer. And said BOARD
of Directors and said officers shall hold their
respective offices until their successors have
The Board of Directors shall Immediately
after its election in each year elect presi'
dent, a vice president, a secretary and a
treasurer, from its own membership.
Article VI. No stakeholder shall ever be
held liable for any contracts or faults OF this
r corporation in any further sum than the un
{ paid balance due on his respective shares. :,
Article VII. Before any stakeholder shall
= sell or otherwise dispose OF his stock, 1t shai
r be first offered TO the Board of Directors
whose duty il shall be to notify each stock
holder in writing and each stakeholder shall
{ have thirty days in which to accept and pur
| chase the said stock at its book value, n
E proportion to the amount of his or her hold
ings in said corporation.
Article VIII. This charter may be amend
: ed or this corporation may be dissolved b,
' three-fourths vote of the stock represented a
e a meeting held after ten days notice in writ
: ing mailed to the stockholders, and in case o
e dissolution the Board of Directors shall &C
' Thus done and passed at my office in thi
e city on the day, month and year heTeinaoov'
e written in the presence of Charles Revertig;
e and p. X. Ferrera, witnesses of lawful az
: residing in this parish who hereunto sigi
their names together with the said appearer
d and me notary after reading of the whole.
p J. P. White, 90 shares; Fred Mathes, 9
d shares; c. B. TOmPkins, shares.
5 WYNNE G. ROGERS Not. Pub.
/ l. the undersigned, Recorder of Mortgages
e in and for the Parish of Orleans, State c
Louisiana, do hereby certify that the a6oy
e and foregoing Act of Incorporation, OF tn
s B-i.n-o Jewelry. Co.., was this day duly re
n (Signed) EMILE J. LEONARD, d. r;
|, the undersigned notary public, hereb
n certify that the above and foregoing is
e true and correct copy of the original Act c
Is Incorporation of the B-i-n-o Jewelry Con
IT pany, executed before me on the 10Th day {
d January, 1914; with the names of the sui
n scribers and the amount of their respectiv
D. subscription to the stock of said corporation
k together with the certificate of the Recordt
{ of Mortgages thereto attached.
IL WYNNE 6. ROGERS, Not. Pub
II New Orleans, February End, 1914.
r Feb5-l2-l4-26 MchS-l2