The herald., 1914-02-19
CHARTER
OF HERMAN BROTHERS AND COMPANY,

| INCORPORATED.
| United States OF America, State of Louisiana
| Parish OF Orleans.
| BE II known, That on this day, the ninth
OF the month OF February, in the year of our
Lord one thousand nine hundred and four.
| teen O9l4) and of the Independence of The
| United States, the one hundred and thirty.
| ninth, before me, Lewis Rossner Graham, z
notary public, in and for the Parish of Or.
leans, State OF louisiana, duly commissioned
| sworn and qualified, and in the presence OF
| the witnesses hereinafter named and under.
| signed, personally came and appeared, the
several parties whose names are hereunto
subscribed, who severally declared that, avail
ing themselves OF the provisions of the laws
| OF TINS State relative to the organization OF
corporations, they have covenanted and agreed
ana do by these presents, covenant, agree and
after become associated with them, to form
themselves into a corporation for the objects
and purposes, and with the name and under
me stpuIations following to wit:
Article |. The name and style of this cor.
poratlon shall be Holman Brothers and Com
pany, Incorporated and by said corporate
name IT shall have and enjoy succession for
d pei peIioa on nlnety-nine years from the date
all the rights, privileges and immunities
granted by law TO corporations.
article IL. The domicile of this corporation
shall be in the city of New Orleans. and all
citations and other legal process shall be
served on the officers as the law directs.
Article III. The objects and purposes for
whlch inns corporation is formed are hereby
declared TO be: To carry on the retail and
wholesale furniture and household goods and
furnishings business; and to sell such articles
Tor cash or on the installment plan; and gem
crazy 10 carry on any other business, or buy
and sell any other kind of merchandise con-
nected with, growing out of, or germane to
the above mentioned business
Article ". The capital stock of this cor
sand dollars (SsO,OOOOO) divided into and rep.
resented by five hundred shares $500 of ono
hundred dollars each, which stock shall be
payable IN cash, or may be issued in pay
ment OF property purchased or for services
rendered to this corporation, and shall be
paid for at such times as the Board of Di-
rectors may require.
This corporation shall begin business and
become a going concern as soon as ten thou
sand dollars of its capital stock shall have
been subscribed for.
Article V. No stakeholder may sell, assign
or transfer mis- stock in this corporation with
out giving to the corporation, through its
secretary, thirty days notice in writing Of
such intention, and the other stockholders
shall have the first privilege of purchasing
the said stock at the book value thereof for
period of thirty days from said notice, after
which thirty, days notice the said stock may
be. sold in the open market.
Article vi. All the corporate powers of this
corporation and the management and con-
troll of its affairs shall be vested in and ex-
ercised by Board of Directors composed of
not less than three stockholders, all of whom
must De present to constitute a quorum for
the transaction of any and all business of
the corporation.
On the first Monday in January, 1915, and
annually thereafter, a general meeting of the
stockholders shall be held for the purpose of
electlng directors for the ensuing year Said
election shall be by ballot at the domicile
OF the corporation, and the shareholders re-
cetving the highest number of votes cast shall
be declared elected. Each share of stock
shall be entitled to one vote, whether the
holder thereof is present represented by
written proxy.
Immediately after election the said direc.
tors shall select from their number a Presi-
dent, Vice President and Secretary Treas
urer.
Article VII. Notice of all meetings of
stockholders for election of officers or for any
other purpose shall be given in writing by
the Secretary TO be deposited in the mail at
least ten days before such meeting is held,
directed to each stakeholder to his name and
address as the same shall appear upon the
books of the corporation, unless said notice
is waived in writing by all of the stockhold-
ers appearing such on the books.
AT all such meetings every stockholder,
whether present in person or by proxy, shall
be entitled to one vote for each share Of stock
standing IN his name the books Of the
corporation, and a majority of the votes so
cast shall be sufficient to elect or decide all
questions voted on.
Article VIII. No stakeholder shall ever be
held liable or responsible for the contracts
faults or debts OF this corporation in any fur
Their sum than the unpaid balance due to the
corporation on the shares of stock subscribed
IN organization have the effect Of rendering
this charter null or of exposing a stock
holder to any liability beyond the unpaid
balance due upon the said stock.