The herald., 1914-03-19
CHARTER
OF HERMAN BROTHERS AND COMPANY

INCORPORATED.
| Ohted states OF America, State of Louisiana
| Parish of Orleans
| BE 1t known, That on this day. the ninth
OF the month OF February, in the wear Of orr
| LORD one thousand nine hundred and four.
zen lSiD and OF the Independence of the
! United States, the hundred and thirty.
| hlnth, before me, Lewis Rossner Graham :
notary public, in and for the Parish of Or.
Ieans' state OF louisiana, duly commissioned
sworn and qualified, and in the presence nj
the witnesses hereinafter named and und.r.
| signed, personally came and appeared. the
| SeEeral parties whose names are hcreunto
| SUBSCRIBED who severally declared that, avail.
| ing themselves of the provisions of the laws
| OF this State relative TO the Organization nj
| Corpoi atoms, they have covenantcd and agreed
tnu 90 oy these presents, covenant, agree and
ailer become associated with them, to form
| themselves into corporation for the objects
ana purposes, and with the name and under
'hs snpuIati9ns following TO wit:
Article l. The name and style of this cor.
Porauon shall be Holman Brothers and Com.
pany, incorporated" and BY said corporat,
name IT shall have and enjoy succession for
hereof unless sooner dissolved, and shall have
all the rights, privileges and immunitie.
ssnted ny law to corporations.
article H. The domicile of this corporation
snail be III the city of New Orleans, and ali
citations and other legal process shall be
served on the officers as the law directs.
Article III. The objects and purposes for
49, IiiS corporation is formed are hereby
decIared TO be: To carry on the retail and
wholesale furniture and household goods and
furnishings business; and to sell such articles
IoI Gash or on the installment plan; and gen
crazy 10 carry on any other business or buy
and sell any other kind of merchandise con.
Iected with, growing out of, or germane 10
'ne above mentioned business.
hrticIe ~. The capital stock of this cor
Poiatlon is hereby declared TO be fifty thou
sand dollars (S5O,0O0O0 divided into and rep.
resented 6y hive hundred shares $500 of one
hundred dollars each, which stock shall be
payable in cash, or may be issued in nav
ment of property purchased or for services
rendered to tins corporation, and shall be
PAID tor at such times as the Board of Di-
rectors may require
inns corporation shall begin business and
become a going concern soon as ten thou.
S Sanu ooIIars OF ITS capital stock shall have
been subscribed for.
or transfer his stock in this corporation with.
OUT giving TO the corporation, through IL.
secretary, thirty days notice in writing of
sScn intention, and the other stockholders
inc sald stock at the book value thereof for
period OF thirty days from said notice. after
whlcn thirty days notice the said stock NAV
Article vi. All the ~ eorpoIat. oow.r ~,
COZ Poraion ana the management and con.
tro! OF its affairs shall be vested in and eY.
eIeised by Board of Directors composed of
NOT less than three stockholders, all Of whom
must be present to constitute a Quorum 70,
the transaction of any and ali bns;ness ~
the corporation VI
On the first Monday in January, 1915, and
dihuaIiy thereafter, a general meeting of the
stockholders shall be held for the purpose OF
e,ecting directors for the ensuing year. Said
election shall be by ballot at the domicile
OF the corporation, and the shareholders re- |
ceiving the highest number of votes cast shall |
pe declared elected. Each share of stock |
snail De entitled to one vote whether the |
written proxy.
Immediately after election the said dire. |
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 anv
otheT purpose shall be given in writing by /
the Secretary to be deposited in the mail at |
east ten days before such meeting is held |
directed to each stakeholder TO his name and |
ADDRESS as the same shall appear upon the |
DOCKS OF the corporation, unless said notice |
IS waived IN writing by all of the stockhold- |
-rs appearing as such on the books
AT all such meetings every stockholder
whether present in person or by proxy. shall |
Dc entitled to one vote for each share of stock |
standing IN his name on the books of the
corporation, and majority of the votes so
EAST snail be sufficient to elect or decide all |
questions voted on.
Article VIII. No stakeholder shall ever be
leld liable or responsible for the contracts
aults or debts Of this corporation in any fur
her sum than the unpaid balance due 10 the
corporation on the shares of stock subscribed
or by him, nor shall any mere inforrnality
n organization have the effect Of rendering
his charter null or Of exposing a stock.
holder to any liability beyond the unpaid
balance due upon the said stock.