The herald. [volume] (New Orleans, La.) 1905-1953, 1915-04-22
CHARTER
or CRESCENT BROOM COMPANY lNe'
PaIisb of Orleans City of New oti Den;n,h

pf Orleans oh
N .iI 49,, that on this the twenty-nintiis
he month of March, in the yea e9 %
Our Lord. one thousand nine hunei So niu;ted
teen. and of the Independence OF wy. 1 ,b;rtv-
States OF America. the one hp Peian Notary
| ninth before me, Alexis BRAN, q S;,b
| p,,i,i;c dpIv commissioned and qualiheu W. -
! in and for the Parish OF Orleans: 10 u,;t.
| I ouisiana and in the presence OF 'I,"s5
nesses hereinafter named anu he several
personally came and appeared the -;hed
IIo-scrs whose names are hereunto suOSN. -
| ,Ybo seyerally declared that, aVaillns ~.
| selves of the benefits and provisions % -
the laws of said State relative TO tng Gisa 90
| ;yst;or Of generations, and particularly
| the provisions of Act No. 2oI OF the ~ 20
| the General Assembly OF the stare oL 90 -
| lana for the year ISl4' tley ia 60, and or.
form. and do by these presents form anu - ~.
gari1e themselves, as well as all suCh o'iLe'
| persons who may hereafter JOIN OF Deo l 80
! sociated with them or their successors NJ
| a stock corporation for the oDIects anu -
| poses and under the covenants s'iPui"''0"'
| and agreements following, to-"lt'
| Article 1.-The name and title OF TINS cor
| poration shall be Crescent Broom ColnP1ns,
| Inc" and under and by said name; uiIeeI
soo'er dissolved in accordance with Ia" anu
| r. rL,rter il shall exist and continue, ana
STALL have end enjoy corporate existence %onI
| succession for period OF nlhet -nine vi
wears from and after the date OF TINS act II
NAV have lo!d. receive, borrow, loan,
| change. ACQUIRE by grant, gift or purchase oe'
| wise or bequest, sell, ALLEVIATE, dispose o.
| convey, lease, pledge, pawn, hyPotheca'e,
| cumber or mortgage property OF any n |
whether real, personal or mixed, corporeal Si
;,co-noreal movable or immovable, all SUP,
| iect 10 such limitations as may De presC,lOeu
| by law 1t may make, issue ana enGoIs
| bonds or notes and other evidence OF ueOt.
| II NAV accept mortgages, pledges OF otnei
| forms Of security for money loaned or other
| debts II may contract, sue ana DC sueu'
plead or be implicated by its corporate name
| in any court of competent Jurisdiction' l!
NAV make, adopt and use common seal anu
alter the same at pleasure. 1t may hold stock
in other corporations, and ITS capital STOCK
may be issued for capital stock IN other Coi-
porations. 1t may name, appoint ana employ
such managers, directors, othcers, agents anu
other employees as its interest, business ana
convenience may require, and may hS thelr
compensation, having due regard 10 the nd.
ture character and value OF their services IL
NAV make and establish bylaws, rules anu
regulations, not inconsistent with this Charter
or any existing law, liking or altering the
management of its property, the regulation ana
government of its affairs, and the manner OF
the certihcation and registration OF It's STOCK
Ii may wind up and dissolve itself, or DC
wound up and dissolved in the manner pre-
scribed by law. 1t may conduct business IN
this state, other states, the federal diStricts;
the territories and possessions OF the United
States, and any foreign country. And II
generally shall possess all the powers, rights,
privileges and immunities which corporations
are and may hereafter De dulHOIlLcu 10 POo-
sess under the constitution and laws OF TINS
state, and particularly under Act No. 267 OF
the acts of the General Assembly OF the State
of Louisiana for the year 1914. And 1t shall
have the power TO invest its board OF direc.
tors with all of its corporate powers, subject
to such restrictions as may be named IN this
charter.
Article 1.-THE domicile of this corporation
shall be at the City of New Orleans, Parish
of Orleans, State of Louisiana, and all cIta.
hall he
upon its president, or in the event OF his
absence upon its vice president, or in the
event of the absence of both of said officers
upon its secretary-treasurer.
Aticle III-The purpose or purposes for
which this corporation is formed and the ma
ture of the business to be carried on by IT
are hereby declared to be: To manufacture,
buy, sell, import, export and generally deal IN
goods, wares and merchandise of every kind
and description, and particularly brooms,
brushes, busters and mops of all classes and
description, broom corn, broom handles,
Irvine, wire, and all other articles incident
to or suitable for use in the manufacture,
making, sale or disposition OF said brooms,
brushes, busters and mops. To either pur-
chase, build rent, acquire, hold and operate
and sell otherwise dispose of such lands,
buildings, warehouses, stores, factories and
equipment or other property as the business
of the corporation may require; and generally
to perform all the acts incident to a manu-
featuring or mercantile corporation, and TO
deal in such other goods, wares and merchan-
disc as are usually manufactured or dealt in
by manufacturers and dealers in similar lines
of business to those engaged in by this cor
poration.
Article IV-The authorized capital stock of
this corporation is hereby declared to be the
sum of twenty thousand dollars $4,000 which
capital stock may be increased in the manner
provided by law to the sum of fifty thousand
(S5OOO0). The presently authorized capital
stock of this corporation is to be divided into
av,I taI h,y L,,,I roI eLara
of common stock of the par value of one hun
dred dollars $4,000 each; but this corpora
ton shall have the power to create two or
more kinds of stock of such classes, with such
designations, preference and voting powers or
restrictions qualifications thereof as il may
see fit. Said capital stock shall be fully paid
and worcestershire when issued, and shall be
represented by certificates and shall be per-
sonal property. No transfer of said capital
stock shall be binding upon this corporation
unless made in accordance with its charter
and bylaws and recorded on the books there
Of
Article V-No stakeholder may offer for sale
assign or transfer his stock in this corpora
ton without giving to the other stockholders
thirty 600 days prior notice of such intention,
which notice shall be given in writing to the
secretary-tre and the other stockhold-
ers shall have the first privilege of purchas-
ing the said stock at the book value thereof
for period of thirty 900 days from the de-
livery of said notice to the secretary-treas-
uref, AFTER which thirty (SO) days II SAID stock
holders do not avail themselves of said
privilege said stock may be sold TO whomso-
ever the stakeholder may see fit.
Article VI-The business of this corpora
ton shall be managed and all the corporate
powers thereof. except as hereinafter stated
shall be vested in and exercised by a board
OF i've 80 directors TO be elected from among
ITS stockholders, three of whom either present
IN person or represented by proxy shall con-
stitute a quorum. No stakeholder shall be
eligible as a director unless FIVE (5) shares of
the capital stock of this corporation shall
belong to him in his own right and stand in
his name on the books of the corporation. The
hrst board of directors of this corporation
shall be composed of Sidney c. Bertoniere,
whose post Office address is 1915 Crete street,
New Orleans, La; Gustave Oertling, 4l6S
Canal street, New Orleans. La; Philip L.
Kramer, 4l6S Canal street, New Orleans, La.
Evariste C. Bertoniere, 1904 Grand Route St.
John, New Orleans, La, and Chester C.
Oertiing, 4l6S Canal street. New Orleans, La,
with Sidney c. Bertoniere as president Gus
tave Oertling as vice president and Philip L.
Kramer as secretary Said board of
directors shall serve until the first annual
meeting Of stockholders for the election of
directors, or until their successors are elected
and qualified.
Article VII.-On the third Monday in lam
uary, 1916, and annually thereafter on the
third Monday in January in each wear. a
meeting of the stockholders of this corpora
ton shall be held at its domicile for the pur
pose of electing directors for the ensuing
az 81.