The herald. [volume] (New Orleans, La.) 1905-1953, 1914-02-26
CHARTER
OF TIRE B-I-N-O lENELRl co.
January 2',h, 1914
State Of Louisiana, Parish OF Orleans, Cry


January 9TH, I9li
SITE Of Louisiana. Parish OF Orleans, Cry
OF New Orleans.
Re IL known, That on this twenty-slN'h day
II the month Of January. IN the wear one th'E-
sand nine hundred and fourteen, before nc,
Nynne Grey Rogers notary public IN and
Tor 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, that
avlIlIng themselves OF the laws OF the stare
Of Louisiana, in such cases made and pro-
vjded they do, hereby form themselves INTO
corporation for a term OF ntnety-nine years
from this date unless sooner dissolved TOT
the objects and purposes and under the >upu-
latIous hereinafter set forth.
Article l. The name and title OF this cor
pnration shall be B-.u-o lewelry Company,
the domcile whereof shall he 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 to act, on the vice presl-
dent and. in the absence OF both OF these 81
their inability to act. on the secretary.
Article Ill. The objects and purposes OF
this corporation shall be to engage IN the
manufacture Of and in the bushes OF buying
and selling Iewelry and other merchandise on
the installmeut 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
lis interest and convenience may require.
Article ~. The capital stock OF this cor
p0ration is hereby hNed at hve thousand
tS5OOOOO dollars divided into hve hundred
shares OF ten dollars $1,000 each, payable IN
cash, for services rendered and property act
ually furnished and delivered or their equlva-
| 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.
| tit 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 corporation 5
| best interests. may sell the same on IN
| Stalments, holding the stock as collateral un'
Article V. The affairs of this corporation
| shall be managed by Board OF Director:
composed of four stockholders to be elected an
nually. by ballot. on the first Monday o.
| Each share of stock shall have one vote in I
stockholders melting TO be represented in pei
, son OF by proxy.
! following stockholders shall constitute tn,
Board of Directors; Charles Meter, T. L
| White, {. B. Tompkins and Frederick Mathes
| vice president; c. b. Tompkins, secretary. anC
Frederick Mathes, treasurer. And said Boart
| of Directors and said officers shall hold thei
respective offices until their successors have
The Board of Directors shall immediatel,
after its election in each year elect a presi
dent, a vice president, a secretary and I
treasurer, from from its own membership; ),
| Article vi. No stakeholder shall ever b.
held liable for any contracts or faults OF thi
corporation in any further sum than the un
paid balance due on 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
holder in writing and each stakeholder shall
have thirty days in which to accept and pur
chase the said stock at its book value, II
proportion to the amount OF his or her hold
ings in said corporation.
Article VIII. This charter may be amend
ed or this corporation may be dissolved b!
three -fourths vote of the stock represented a
meeting held after ten days notice in writ
ing mailed to the stockholders, and in case o
dissolution the Board OF Directors shall &C
as liquidators.
Thus done and passed at my office in th
city on the day, month and year hereinabov'
written in the presence of Charles Revertigi
and z. X. Ferrera, witnesses of lawful az
residing in this parish who hereunto slgr
their names together with the said appearer
and me notary after reading of the whole.
Original signed: Chas. Melter, 90 shares
]. p. White, 90 shares; Fred Mathes, 9
shares; c. b. Tompkins, s shares.
Chas. Revertiga, P. r; Ferrera.
WYNNE G. ROGERS, Not. Pub
I, the undersigned, Recorder of Mortgages
in and for the Parish of Orleans, State o
Louisiana, do hereby certify that the aboy
aud foregoing Act of Incorporation, of tn
B-i-n-o Jewelry Co., was this day duly re
corded in my office, in Book lll9, Folio 467.
(Signed EMILE J. LEONARD, ID. X:
certify that the above and foregoing is
true and correct copy Of the original Act Q
Incorporation of the B-i-n-o Jewelry Con
pany, executed before me on the 26th day {
! January, 1914; with the names of the sui
scribers and the amount Of their RESPECTIVE
subscription TO the stock of said corporation
{ together with the certificate Of the Recorde
of Mortgages thereto attached.
| WYNNE G. ROGERS. Not Pub.
New Orleans, February End, 1914
FebS-l2-l4-26- Mch5-l2