The herald. [volume] (New Orleans, La.) 1905-1953, 1915-10-28
CHARTER
prRG AND COMPANY, lNCoR-
or Slti' PORATED.

- States Of Aneri lS:. of Ne,y Orleans
rnSsS Of Orleans City OF New s Or of S.D
ne Il known Of our Lord, one thousand
,,nber, 10 US "a fifteen, and OF the independ-
s;oe hunoieu IIrited States OF America, the
&c Of inc md thirty-ninth, before me,
sps hnno,sI Dreifus, notary puoilc IN ana
Meyer os;Sb of Orleans, State OF LOUISIANA
Or the duly commissioned anu qu La-nsu'
,ioresso, orssence Of the witnesses herein-
"a il the "a undersigned, personally came
,sef nsipeo the several persons whose
"a app aL.-,,,rto subscribed as such, OF the
,Ines are nHe,,;ority, who declared to me that
tsn age q Lt.-sselyes Of the laws Of TINS state
,ysillns ~ The organization OF cotpoIauons,
rssuve especially OF ACT 20, OF 'e rs u
I'D more 8 Assembly Of the state OF Loulsi-
az GeneLa nsar 1914, page 255, and Act 252
.sz for ~. . s93 they have coyenanted and
4 pn peg bv these presents do covenant
,ueed anu -. themselves, and their success
snd assse. .ssigns 10 form themselves lnto a
srs arc and body poltic Tor the OBJECTS
afyarrooses and under INC S''P
.nI n.y., rs sci forth, to-wn' ell. ~ this cor.
Article II, he Steinberg and Company, In
pOrstion sha "a under such title II shall have
corporsteo ~s,,ccession and existence for a
and envy ,;nety.nine years from date hereoi /;
penoou = s.ve power and authority 20 contract
snaaa he sued, make and use e3rPoIate
seal me seI Iesse. mortgage, hypothecate or
10 hoa. 49, real, personal or mixed, nee
please E;,ridental or proper Tor the carrying
esssy, business, and to name, eIect ana ap-
Od o. 10 directors and clerks or other
point ma ~ properly conduct MS corporate
EMPLOY and to make such bylaws rules ana
Business az NAV be found necessary or
regulation, tbe management Of this corpora
desraoe Generally TO do every other act,
ton, anu ssh;,g necessary for the complete
nsiiei " carving on OF said business.
ana r Jr 1.-THE domicile Of tins corpora
h' 'ssu be in the city OF New orleans
uo l.b Of Orleans, State oil louisiana WEI re
al e,4 ,.oor The president. or IN the absence
serTeu uPNs;dent. upon the vlce-prcSident, or,
Of tae p"bssnce of both, upon the secretary
t; s4.lri, IIT.-The objects and purposes OF
,hfluaSe.,oo,ation shall be TO conduct business
WISnv;ng and selling turs and hideS al "hoIe-
es,ail. 10 operate and conduct a tan
sac "a n do any and all acts necessary or
nery, a ~ the carrying ont or conducting OF
y. o.N,orrsaid objects and purposes.
DC Az III. V-The capital stock Of this cor
he IL hereby fixed at the sum OF thirty
p,.,rd 100000 dollars, divided into three
mOus@J S1O2 shares Of the par value OF one
hanaIe9 sIoo om dollars each, and this cor
sa.;or shall become a going concern when
pIaII,.d-ed and fifty Q5O shares of its said
one nI" sol shall have been subscribed and
"a q, in cash or its equivalent
ele ro,..LboIder shall ever be held liable for
- s,,Its. contracts or debts OF this corpora
,sr in any further sum than the unPaid par
w ~. 5re the corporation on the shares or
s az srbscribed for by him, nor shall any
~ ~ ;uformality in the organization have
w. az rendering this charter null or
" .snosine any shareholder to any liability
I",;cIe V,-All the corporate powers of this
...no,.,;on shall be vested in and exercised
W ho,,d Of directors TO be composed Of three
s,,.tboIders. a majority of whom shall con-
\ stute quorum.
y he ofScers Of this corporation shall consist
:, nrssident, vice-p president and secretary
i ...,.vrer. ali of whom shall be members OF
! Il. board Of directors,
The following named persons shall consti-
.t, me FIRST board Of directors, to-wit:
No,y;s steinberg, l42l Pension ST., New
l oJssns La: Harry Wainer, 3ll6 Palmyra St,
L New Orleans, La; Meyer Lichtenstein, 2lO 5.
p,mpart St, New Orleans, La; with Morris
Seinberg as president Meyer LIchtenstein as
! yic,.president and Harry Wainer, as secre..
,,rv and treasurer, and these directors and
sscers shall hold their said Offices until the
,roud Monday in September, 1916, or until
lb,ir successors shall have been duly elected
i ,nd qualified.
thereafter the directors shall be elected
snrually on the second Monday of September
/ d each year beginning with the year l9i6;
An elections of directors shall be by ballot
,pd each stakeholder shall be entitled to one
~, for each share of stock standing in his
zane on the books of the corporation, this
yute to be cast in person or by proxy, and
4 shall require majority of the stock pres
| sn, or represented to elect.
Article VI-The board of directors shall
| meet and adopt such bylaws, rules and reg
Nations governing the management of this
oporation as the directors shall see FIT.
i Article VII.-The several stockholders agree
rot 10 sell, transfer, donate, or otherwise dis
pose Of any Of the share, or shares of stock
htld by them without offering the said stock
10 the corporation, which shall have the right
within ten days from date Of receipt of said
notice BY the president 10 purchase the said
stock offered for sale. IN whole or in part, at
price to be agreed upon between the said
orpofation and the said shareholder, pro-
yided that the said price snail not exceed the
maximum value Of the said stock so offered
i hr SALE which value shall be determined to
b the value Of the said stock as II appears
a the books Of the said corporation as of
nat date. After such time should the cor
Fr1tion decline to purchase said stock the
Shareholder shall have the right of option to
'rr said stock for sale TO any other person
l T. PERSONS, firms or corporations.
Article Vlll-This charter may be modified,
q decreased, or the corporation may be dis
shed with the assent of two-thirds of the
epIal stock present represented at any
meeting Of the stockholders held for that ppr.
Fse after prior notice in writing to each
stakeholder or mailed to him at his last known
na once address, or in accordance with the
itfus Of Act 26 Of 1914.
Article Ix-At the expiration of this char
q the earlier dissolution of this corpora
en tor any cause, its affairs shall be liqui-
@'ee BY one or more liquidators TO be elected
me stockholders, all of whom shall hold
n'sE IN said comanpy and the said commits
Aoners are hereby vested with full power
na suihcrty to liquidate the affairs of said
enpsny IN accordance with the terms of Sec
mn ~ OF Act 26 of 1914
Nnee A-The appearers hereby declare
~ mey have subscribed to the following
nee Of shares in the proportion and oppo-
an ner LINES, and the signatures thereto
y AL constitute their original subscription to
1ptal stock OF said corporation in the
r1ouon set opposite their names.
sI zone and passed, in my office, in the
~ New Orleans, on the 18th day of Sep
ori, yls, IN the presence of LLOYD p.
sd and Rita Hoerner, competent wit
-, - sno have signed these presents, to-
WIN the said appearers and me, no.
u,er due reading of enc whole
aned M. Lichtenstein, "a shares; Morris
WG shares; H. Wainer, l share.
Witnesses: l. P. ODowd, Rita Hoerner.
MEYER S DREIFUS, Notary Public.
@ Undersigned recorder of mortgages
~. 90 Tor the parish OF Orleans, State of
~ xana, 90 hereby certify that the above
ssolng act OF Incorporation of Stein
49,. company, INCORPORATED, was this day
~ 49, I'm n my office in book 1857, folio $50.
orleans, September %. 1915
fq EMILE ]. LEONARD, Dep R.
n;rs. Oy certify that the above and fore
true and correct copy of the orig
& nie and of record in my notarial Of
MEYER S. DREIPus, Notary Public.
n.A1 q nov Il
CHAPrFp