The herald. [volume] (New Orleans, La.) 1905-1953, 1914-09-24
CHAR TER
OF BONHORA SALES COMPANY. INCOR
PORATED

PORATED.
United States Of America, State Of Louisiana.
Parish OF Orleans, City OF New Orleans.
BE II known, that this sixteenth day of
September, IN the year Of our Lord one thou
sand nine hundred and fourteen. before me-
Frank VIM. Hart. a notary public in and for
the parish and state Aforesaid duly commits
stoned and qualified, acting for GuStaf X.
Nestfeldt, lr., notary public, duly commits
stoned and qualified, IN and for the parish OF
Orleans, absent on leave, and IN the presence
OF the witnesses hereinafter named and un-
dersigncd, personally came and appeared:
The several persons whose names are here
unto subscribed. who severaly declared: That
availing themselves of the provisions of the
laws OF this state relative to the organization
OF corporations, they have contracted and
agreed. and do by these presents contract
agree and bind and obisate themselves, as
well a. ali such other persons a. may become
associated with them. to form themselves into
ana constitute corporation and body polite
in law, Tor the objects and purposes and un-
der the conditions and >tipuatIons Of the
articles following, to-wit:
Article The name and title OF the said
corporation shall he the "Bonhora Sales Com
parry, Incorporated and under its said cor
porate name 1t shall have power and author
ty and shall enjoy succession for the full
term and period OF HIuety-nine t99D years
from and after the date hereof; to contract,
sue and be sued, to make and a corporate
seal, and same to break and alter at pleas
ure; to purchase receive, lease, hold and CON
vey, well a mortgage and hypOthecate I'M
and personal; to name and appoint such man.
ayers and directors, officers and agents as
the interest and convenience Of said cOrpOr-
alton may require, and to make and estab-
lIsh, well alter and amend at pleas
ure, such bylaws, rules and regulations for
the proper management and regulation of the
affairs OF said corporation, may be neccs-
sary and proper.
Article iI.-The domicle OF the said corpor-
alton shall be at New Orleans, parish OF Or
leans, state OF Louisiana, and all citations
or other legal process shall be served upon
the president Of said corporation, or, in case
OF his absence, upon the vice president, or
IN the absence OF both OF these officers, upon
the secretary of the corporation.
Article lll.-Ihe objects and purposes for
which this corporation Is established and the
nature OF the business to he carried on by II
are declared and specified to be, to purchase,
| own, hold sell. mortgage, lease, ALLEVIATE, re-
CClvC and otherwise acquire and dispose OF
real estate. both III Louisiana and elsewhere.
| 10 buy, sell, own, lease or otherwise acquire,
! and to operate and maintain As principal or
| as agent, m this state, or elsewhere, real es-
| tate, or buy and sell various articles of mer-
chandiSe, appliances OF all sorts and kinds,
| bonds, notes, stocks or any and every thing
| having to do with a general sales business,
| and generally to hold and exercise all such
| incidental powers and privileges not express
| ~ excluded, as relate to the objects herein
before set forth
| Article IN-The capital stock OF the said
| corporation is hereby fixed at Five thou
sand dollars" ($5,OOOGO, divided into and rep
| resented by fifty (50) shares of one hundred
| dollars tSlOOOO) each. The whole of said
| stock or any part thereof may be issued and
| delivered to any person, firm or corporation
| fer the requirement of rights, privileges,
| franchises and property purchased and ac-
| CURED by this corporation, also in payment,
| settlement and adjustment OF the costs, fees,
| charges and expenses and commission i'll
| CURED for services rendered in the formation
| and organization of this corporation, and in
acquiring and bringing about the purchase Of
the property, rights and franchises, aforesaid;
| also Tor cash or III Installments of such
| amounts as the board of directors NAV deter.
| mine; also for merchandise received or SER
| vices actually rendered to this company. The
| board OF directors hereinafter created is
especially authorized to dispose of the stock
| OF this company in whole or ip part, for any
| and all OF the purposes above stated, as in its
Judgment may seem fair and proper. This
| company shall begin business as soon as two
| thousand hve hundred dollars (s2,5OO.OO) OF
its stock shall have been subscribed
| Article N.-All the powers of this corpora
ton shall be vested in and exercised by the
| board OF directors, composed of three 81
| stockholders, any two of whom shall consti.
| tutc quorum for the transaction of business
| The said board OF directors shall be elected
| annually on the last Wednesday in October
| OF each year. The FIRST election TO be held IN
| the year 1915.
All elections shall be by ballot at the office
| OF the corporation, under the supervision OF
| three 90 commissioners to be appointed by
/
| any commissioner, the president shall have
| the power TO fill the place by appointment
| and II all such elections, as well as meetings
| OF stockholders, except for the purpose OF
| liquidation or dissolution, or as otherwise
required by law. ten OO) days notice shall
l be given by mailing to each stakeholder who
| appears such upon the books of the com.
pany, at his last designated address or to the
| General Delivery at New Orleans, If he has
| not designated an address, an announcement
stating the time and the place of the meeting
| Each shareholder shall be entitled to one
vote for each share OF stock standing in his
| name on the books of the company, cast in
person or by proxy, and the majority of the
votes cast shall elect. The board of directors
| shall have the power to fill all vacancies that
may occur on the board. Failure to elect
directors on the day above specified shall no,
| dissolve the corporation, but the directors
| then I'M Office shall remain in Office until
their successors are elected, and qualified
| Due notice Of another election shall forth
with be given, as above provided. Such no
| tice Of election shall be continued to be giver
until an election is held. The board Of di
| rectors at the first meeting following an an
| nual election shall elect from their number
president, vice-president, secretary ant