The herald. [volume] (New Orleans, La.) 1905-1953, 1914-03-05
CHARTER
OLE IuE 1.-TWO LEMELkA %.

OF HE Il l-N-O JEW EI.N1 ~.
January 9TH, 1914.
State Of louisiana Parish OF Orleans, City
OF New Orleans.
BE II known. That on this tWcuty-siNth day
sand nine hundred and fourteen, before nc,
Wynnc Grey Rogers, a notary public IN and
for the Parish of Orleans, State OF LOuI SIana,
therein residing and IN the presence OF the
witnesses hereinafter named and undersigned,
personally came and appeared the undersigned
parties. who declared unto NE. notary, that
ayailIug themselves Of the laws OF the State
OF Louisiana. m such cases made and pro-
vided they do hereby form themselves into a
corporation for a term Of nInety-ulne years
from this date unless sooner dissolved fOr
the objects and purposes and under the stpu-
latouS hereinafter set forth.
Article |. The name and title OF this cor
poration shall be B-i-n-o Jcwelry Company.
the domicilc whereof shall be in the City Of
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 70 act, on the vice prcsi-
dent and, in the absence OF both OF these OF
their inability to act ou the secretary.
Article III. The objects and purposes OF
this corporation shall be to engage in the
manufacture OF and in the bushes Of buying
and selling iewclry and other merchandise on
the installment plan or otherwise, and shall
have all the powers granted by law 10 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
pOrdtiOn IS hereby fixed at five thousand
(S5OOOOO 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 Dircc-
tors. This corporation shall begin business as
soon as three thousand $4,000 dollars of its
.,I = g,,hr~ Thal h,,y,l -DI
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 as they may deem to the corporations
best interests, or may sell the same on in
stallments, holding the stock as collateral I'M
til fully paid for.
Article V. The affairs of this corporation
shall be managed by Board of Directors
composed of four stockholders to be elected an
nually, by ballot, the first Monday Of
February or as soon thereafter as possible.
Each share of stock shall have vote in a
stockholders melting to be represented in per-
son OF by proxy.
Until the election in February, 1915, the
following stockholders shall constitute the
Board of Directors; Charles Melter, J. F.
White, {. b. Tompkins and Frederick MatheS
with Charles Meter, 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
been elected.
The Board of Directors shall Immediately
after its election in each year elect presi-
dent, a vice president, a secretary and
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 on his respective shares.
Article VII. Before any stakeholder shall
be first offered to the Board of Directors.
whose duty it 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, in
proportion to the amount of his or her hold
ings in said corporation.
Article Will This charter may be amend
ed or this corporation may be dissolved by
three fourths vote of the stock represented at
a meeting held after ten days notice in writ
ing mailed to the stockholders, and in case of
dissolution the Board of Directors shall act
as Hquidators.
Thus done and passed at my office in this
city on the day, month and year hereinabove
written IN the presence Of Charles Revertiga
and 7. 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 Melter, 90 shares;
shares; c. B. Tompkins, shares.
Chas. Revertiga, p X. Ferrera.
WYNNE q. ROGERS Not. Pub.
|, the undersigned, Recorder of Mortgages,
III anu IOI IdilSu OF OIlcduS, OtdtS Ol
Louisiana, do hereby certify that the above
and foregoing Act of Incorporation, of the
B-i;n-o Jewelry Co, was this day duly re-
corded in my office, in Book lll9, Folio 467.
/, the undersigned notary public. hereby
certify that the above and foregoing is
true and correct copy of the original Act of
Incorporation of the B-i-n-o Jewelry Com
pany, executed before me on the 10Th day of
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 Recorder
OF Mortgages thereto attached.
WYNNE G. ROGERS, Not Pub.
New Orleans, February End, 1914.
FebS-12-l4-26- MchS-l2