The herald., 1914-02-12
CHARTER
OF TIE B-I-N-O JEWELRI co.
January 2'ih, lgl+
tate OF Louisiana. Parish OF Orleans CIT!
Of New Orleans.


January 2'th, lSl- 49,
State of Louisiana. Parish OF Orleans, City
Of New Orleans.
r.. il known That on this twenty sixth day
Of the month OF January, IN the year one thou-
sand nine hundred and fourteen, before me,
Wynne Grey Rogers, notary pubuc IN ana
for 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
narties who declared unto me, notary, that
ayailing themselves Of the laws OF the State
Of Louisiana, in such cases made and pro-
vided they do, hereby form themselves lnto
corporation for term Of ninety-nlne years
from this date unless sooner dissolved ioi
the objects and purposes and under the stpu-
lationS hereinafter set forth.
Article !. The name and title OF this cor
poration shall be B-i-n-o lewelry company;
the domicile 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 to act, on the wee Presi-
dent and, in the absence OF both OF these 81
their inability To act, on the secretary.
Article III The objects and purposes OF
this corporation shall be to engage IN ine
and selling iewelry and other merchandise on
the installment plan or otherwise, and snail
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.
both
appoint such officers, employees and agents as
lis interest and convenience may require.
Article ". The capital stock OF this cor;
poration is hereby hNed at hive thousand
js5OOOO 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 Direc-
| soon as three thousand 5000 dollars OF its
capital stock is subscribed, two hundred
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 he corporation
best interests, or may sell the same on IN
| stallments, holding the stock as collateral I'M
| Ill fully paid for.
| Article v The affairs of this corporation
shall be managed by a Board OF Directors
composed of four stockholders to be elected an
nuaily by ballot, on the first Monday, OF
| February or as soon thereafter possible
! Each share of stock shall have one vote IN a
stockholders melting to be represented IN per
| Until the election in February. 1915, the
following stockholders shall constitute the
Board of Directors; Charles Meter j.. L
| White, c. B. Tompkins and Frederick Mathes
with Charles Meter, president; J. p. White
vice president; G. Il. Tompkins, secretary, and
| Frederick Mathes, treasurer. And said Boarc
of Directors and said officers shall hold theli
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 b.
held liable for any contracts or faults OF TIM
corporation in any further sum than the un
paid balance due his respective shares.
Article VII. Before any stockhol der shall
, sell otherwise dispose of his stock, 1t shall
be first offered to the Board of Directors
whose duty it shall be TO notify each stock
= | hold stakeholder
{ have thirty days in which to accept and pur
chase the said stock at ITS book value, u
proportion to the amount OF his or her holo
= 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
e a meeting held after ten days no ice in writ
: ing mailed to the stockholders, and in case c
E dissolution the Board of Directors shall az
I as liquidators.
' Thus done and passed at my office in thi
e city on the day, month and year hereinabov
e written in the presence of Charles Revertig
c and p X. Ferrera, witnesses of lawful az
: residing in this parish who hereunto sig
h their names together with the SAID appeare'
d and me notary after reading Of the whole
G Original signed: Chas. Melter, % shares
!, ]. p. White, % shares; Fred Mathes,
d shares; c. B. TomPkins. 6 shares
IS WYNNE G. ROGERS, Not. Pub.
/ I, the undersigned, Recorder of Mortgage
e in and for the Parish of Orleans, State
Louisiana, do hereby certify tnat the dOo
,e and foregoing Act of Incorporation, of q
is B-i-n-o Jewelry Co., was this day duly !
IN corded in my office, in Book lll9, Folio 467
m (Signed) EMILE J. LEONARD, ID. K
l, the undersigned notary public, here
IN certify that the above and foregoing is
he true and correct copy of the original Act
ds Incorporation of the B-i-n-o Jewelry Co
at pany, executed before me on the 10Th day
ed January, 1914; with the names of the ST
in scribers and the amount of their respect
90 subscription to the stock of said corporate
OK together with the certificate OF the Recor'
IL of Mortgages thereto attached.
all WYNNE G.. ROGERS. Not. Put
all New Orleans, February End, 1914.
Dr. | Feb5-12-l4-26-MchS-l