The herald., 1914-03-12
CHARTER
OF THE B-I-N-O JEWELRY co.

OF THE Bl-N-O JENELEN 60.
January 9TH 1914
State Of Louisiana. Parish OF Orleans, City
OF New Orleans.
BE it known, That on this twenty-slNth day
of the month Of January, IN the year one thou'
sand nine hundred and fourteen, before me:
WINE Grey Rogers, notary pubic IN ana
for the Parish Of Orleans, State OF LOUISIANA,
therein residing and IN the presence OF the
witnesses hereinafter named and undersigned,
personally came and appeared the undersigned
parties, who declared unto me, notary, u at
availng themselves OF the laws Of the State
If Louisiana, in such cases made and pro
yidrd they do. hereby form themselves into
CORPORATION for a term Of ninety -nlne years
from this date unless sooner dissolved toI
the objects and purposes ana under the stlpu-
latious hereinafter set forth
Article l. The name and title OF this cor
poration shall be B-i-n-o lewelry Company.
the domicilc whereof shall be in the City OF
New Orleans, State OF Louisiana.
Article II. All citation or other legal pro-
cess shall be served on the president and IN
absence or inability to act, on the vice presi-
dent and, in the absence OF both OF these Of
their inability TO act, on the secretary.
Article Ill The objects and purposes OF
this corporation shall be 10 engage IN the
manufacture Of and in the bushes or 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
to contract, sue and be sued in its corporate
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 five thousand
(S5GOOOO 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 equiva-
lent at the discretion OF the Board OF DIrec-
tors. This corporation shall begin business as
soon as three thousand $500 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 Stoc k Said
Treasury Stock shall be sold for cash only,
and at such price as the Board of Directors
may fix as they may deem TO the corporations
best interests, or may sell the same on IN
! stallments, holding the stock as collateral I'M
Article V. The affairs of this corporation
/ shall be managed by Board OF Directors
| composed OF four stockholders to be elected an.
uually, by ballot, on the hrst Monday OF
February OF as soon thereafter as possible.
| Each share of stock shall have one vote in a
! stockholders melting to be represented in per-
| Until the election in February. 1915, the
! following stockholders shall constitute the
/ Board of Directors; Charles Meter, J.. +.
| White, c. b. Tompkins and Frederick Mathes,
| with Charles Meter, president; J. 7. White,
vice president; {. b. Tompkins, secretary, and
! Frederick Mathes, treasurer. And said Board
| of Directors and said officers shall hold their
respective offices until their successors have
! been elected.
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
! corporation in any further sum than the I'M
paid balance due his respective shares.
Article VII. Before any stakeholder shall
| sell or otherwise dispose OF his stock, IT shall
be first offered TO the Board of Directors,
whose duty it shall be to notify each stock;
I,1f r,f,v md Cfn hold hal
have thirty days in which to accept and pur-
chase the said stock at its book value, IN
proportion to the amount OF his or her hold
| ings in said cOrporatisn.
Article VIII. This charter may. be amend
] ed or this corporation may be dissolved by
| three-fOurths vote of the stock represented at
ing mailed to the stockholders, and in case of
dissolution the Board of Directors shall act
| as lquidators.
Thus done and passed at my office in this
city the day, month and year hereinabove
written in the presence of Charles Revertiga
| and =. X. Ferrera, witnesses of lawful age
residing in this parish who hereunto sign
! their names together with the said appearers
and me notary after reading of the whole.
! Original signed: ChaS Meter. 90 shares
]. Z. White, 9S shares; Fred Mathes, %
shares; c; b. Tompkins; shares.
WYNNE G. ROGERS, Not. Pub
/, the undersigned, Recorder of Mortgages,
in and for the Parish of Orleans, State OF
and foregoing Act of Incorporation, of the
B-i-n-o Jewelry Co., was this day duly re-
corded in my office, in Book Ills, Folio 467.
(Signed) EMILE J. LEONARD, ID. X:
certify that the above and foregoing is
true and correct copy of the original Act o.
Incorporation of the B-i-n-o Jewelry Com
pany, executed before me on the 10Th day o.
January, 1914; with the names of the sub
scribers and the amount of their RESPECTIVE,
subscription to the stock of said corporation
together with the certificate of the Records
of Mortgages thereto attached.
WYNNE G. ROGERS, Not. Pub.
New Orleans, February End, 1914
FebS-12l46- MchS-I2