The herald., 1914-12-03

! 49, fE.,. ib,ug, m any CIV and state Of
,rr. i-,rrL State ard in all Foreign countries.
Nr,..f. 1.-The dgwI,Ile of said corporation
| shall Dee m the City OF New Orleans, State Of
I Louisiana. and ali citations OF other legal
/ ;.rocc,, snail Pee served upon the president "i
aid corporation. ur iu tins event Of his an
~,ns, or inability. upon the first vice prcsi-
dent thereof. and lu the absence or inability
rr rltn d., sad officers upon the secretary
.- treasurer of SAID corporation.
hrr-rr UL-I.a objects and purposes for
ira.l.slgI. and an. nature and character Of
rs,. I4,Iua,- 90 Ire carried 900 by il axe hereby
declared % 'r. H.. buying and selling ~ re-
..,N and Wholesale. for It's own account, or
,.r the account 4 liners, ai kinds 81 pianos,
.-s..n-. must. boxes. mechanical piano players
and player pianos, monographs. talking ma.
CHIMES and ether -.u-ICa. instruments aud
device. ~ every kind and character: sheet
music s.I musical compositions OF all kinds
D.. -rr- least, hire hrl >yu and exchange
same. and generally {. a.. and engage in any
.,l.- BUSINESS. undertaking u- enterprises.
connected with. growing ON ~. or Incidental
.. -rr.h arlnu 4.A general musical Iu~tIu-
.-.r' sunny business. >a3u corporation may
establish agencies, offices or branch e-'an-
..-rr-frr- ~ such places and ~ such times
.- the board of directors may determine.
Article ~ f.r capital stock ui tins cor
rotation is hereby fixed AZ the sum % En'E
Thousand D. liars 0S5IuuHUDl, divided INTO and
-,nrr.ar,,l nv Five Hundred l5w Shares Of
The mar yaI.r If O.v Hundred Dollars $1,000.
each and ne. uu.lur.'Iuv shall re going
r.r.r-r ia soon - Forty Thousand Dollars
ls4rHH.Ut ~. stock has been subscribed and
mid fr The garllaI stock oI the corporation
man, he, Increased % One Hundred Thousand
l.f'.r, .sru.stuy. The stock Of sand COZ
r.rtrr.r shall be paid for IN cash. ur IN.
,tal.u,ut, ON the call 81 the board Of dlrrc-
-.r- 1r NAV br issued az not less than pan
for service. actually rendered TO or property
actually purchased 10y sand corporation. Al
share. Of stock shall be full paid and non
..-,--grtIr and all certificates Of stock Shal
Il
rrfary Of sand corporation. No trans
fer If stock shall be binding upon tn
g,rror4tiou unless made upon lis books. au-
mo- stakeholder shall sell or dispose Of hi
.,rrL without first Offering same IN wrltIu.
to the CORPORATION. who shall have the ugh
to buy same within ten llO days at current
or market value
Article N.-All the corporate powers OF thu
rorr0ratlon shall be vested in and the man
agemcnt and control OF its business and at-
fairs shall be exercised by board OF dlTcc-
tors composed of five 81 stockholders.
The number OF directors may be increased
from time to time by a vote OF the directors
then holding office to not exceeding seven a..
and NAV al any time after such increase be
decreased 10 not less than five 81. ma
ioritv of the board Of directors shall constitute
\ quorum for the transaction Of all business
The board Of directors shall be elected an
nuaIlv on the first Monday IN January OF
each wear by ballot OF the stockholders. Zach
stockholdcr Shall be entitled, IN person or by
written proxy to one ID vote for every share
OF stock owned by him. All elections shall
be held under such rules and regulations as
may be determined by the board OF directors,
and after Al least fifteen (l5 days written
notice shall have been given each stoCkholder
before such meeting, by deposting a notice
Of such meeting in the pOStotfIce. properly az
dressed to each stakeholder. The directors
thus elected shall continue in Office Tor one
% wear, or until their successors shall have
been elected and duly qualified. No failure
In elect shall be regarded as a forfeiture OF
This charter. ANY vacancy occurring on said
board Of directors shall be filled by the re.
naming directors for the uneNpred term. Said
board Of directors shall at its first meeting.
on the first Monday in January, l9lS. and
annually thereafter elect from its number a
president, a first vice president, second vice
president secretary and a treasurer. Said
board Of directors shall have the Tisht ana
power to appoint and dismiss such clerks,
managers and other employees OF the corpora
ton as conditions may justify or the busi-
ness or interests Of the corporation may re
guire The tenure Of all employees OF the
CORPORATION shall be during the pleasure OF
The board Of directors
Article Vino subscriber for stock shall
ever be held liable for the contracts, faults
or debt. of said corporation in any further
sum than the unpaid balance, if any, due the
corporation on the stock for which he has sub
scribed: nor shall any stakeholder ever be
bc,J IisbIe for such contracts, faults or debts.
in anv further sum than the unpaid balance.
if any, on the stock owned by him; nor SHAH
any mere iuformality in organization have
f fy effect fleet Of rendering this Charter null OF
rendering any subscriber or stakeholder liable
'V Article t VIiI@Wherever this corporation is
dissolved either by limitation of its charter
or from any other cause, its business and al
fairs shall be Inundated by three CD stock |
holders. ' to be elected and qualified in the
manner provided by law, and they shall con. |
tinue in office until the affairs Of the cor.
poration have been fully settled and lqu- |
dated In case of the death of one Of said |
IiouiJators or his refusal or inability to serve.
The remaining liquidators may fiji the va
cancv from among the stockholders, or may |
themselves proceed with all the power and |
authority vested in the full number
Article NIII-This act Of Incorporation may |
be changed, modified, altered or amended, or |
the capital stock increased or decreased by |
and with the consent of two-thirds (2/j) OF |
all of the stock
A change in the objects and purposes may |
be made only by vote of all of the stock |
heretofore issued and an increase or me cap
ital stock in excess of the amount originally |
named herein, as the sum to which the capital |
may be increased, may be made by three
This corporation NAV be dissolved by a vote |
of two-thirds C2LO of all the stockholders at a /
meeting called for that purpose in conformity |
with law.
Article IN-Until the election to be held in |
January, 1915, the following named stockhold- /
ers shall constitute the first board of direc- |
tors. viz:
James F. Simmons $3.50 West End Roulc- |
ward, New Orleans, La
Frederick W. Tudury, 1919 Short street New
Orleans, La.
Frederick {. Schmitt, 921 Lowcrline street
Edward NJ Dussor1. s031 Ranks street Nev
Orleans. La.
Henry S Mische 6l6 Caffin street New Or.