The herald. [volume] (New Orleans, La.) 1905-1953, 1915-11-04
CHARTER
,rr1SBERG AND COMPANY INcoR'
OF PORATED.
CHARTER

uniiso Of Orleans, CITY oil NeS OlieanS'
Psr,A that on this 18th day OF Sep
Be he year of our Lord one thousan
pnbef S,,d and fifteen, ana OF me inuePenu
sne ~ ~ The United states ot hstoSa' -, ~
spce Of susd and thirty-ninth' before me
sse hpnoIeoI Dreifus, a notary public IN an
rryef Ssmah 81 Orleans, State OF Louislan
n the paiiss ,,iv commissioned and qualihed
.iuresaid, ,ssence OF the witnesses herein
I'D IN tne md undersigned, personally CAM
shrf nsnss,,d the severl! persons whos'
sd sP w bereunto subscribed as suCh, OF I'M
r<n, of majority, VINO uyS.a,' Vb;s s,ae,
hsl age o.t.mselyes of the laws CT TINS stat'
sssiling IN ,hs organization OF corporations
xisfive 70 asc;ally OF Act ~ OF the Acts o
nd more g Assembly Of the State of Louisi
De Cfneia year 1914, page 2o5. and Act Is.
20 tof us 7o3. they have 'DSenanted and
q wv ~ by these presents 90 covenant
sreeo for themseeives' ana thelI success
so ssrd assigns to torn ~. a III
sors sna anu, and body polite Tor the OBJECTS
2" IMPOSES and uhut. '''
sno ~ set forth, to-wit;
insfter SCI Tbr name and title OF this cor
Article N he Steinberg and Company, In
porston s"e nd under such title i shall have
cdpofal, succession and existence Tor q
and sn y yrinety-nine years from GATE hereoi
il shan :, sued, make and use a corporate
sue sno " .s-oe 10 break and alter at pleasure,
seal, !1e I'll lease, mortgage, hypothecate or
70 hoio $50 real, personal OF mixed, nee
pledse occidental or proper tor the carrying
essap,. business, and to name, eject ana APP
on Of w .seers. directors and clerks or other
poinl n 10 properly conduct ITS corporate
enp~s. and to make such bylaws tuies ana
busine az NAV be found necessary or
reguiauoNs, tbe management OF this corpora
dcsifaDle ~ Generally to do every other act,
ton, she sh;ng necessary for the complete
nahel carving on Of said business.
ana P.y 1.-THE domiclle OF this corpora
LII he in the city OF New orleans,
noe :.h AZ Orleans, State Of louisiana where
n citation and other legal process shaIl DC
al eI- anon the president or IN the absence
sefyeu atfss;dsnt. upon the vice president, or,
Of ta u. pshsence Of both, upon the secretary
tessnIs III-The objects and purposes OF
hiHnssoo,atiou shall be TO conduct a business
w ss'x;rS and selling furs and hides at whole
" ar retail; to operate ana cohduct TAN
.,ry. and to do any and all aclS heGess4Iy OF
peG.n,al 10 the carrying out or conducting OF
i1s ~ ..t,orssaid objects and purposes.
ms ~ IV-The capital stock OF this cor
h. s IL hereby fixed at the sum of thirty
rls".d 0l10OOOO dollars, divided into three
,SaSrsd 600 shares Of the par value OF one
sna.S,sd $4,000 dollars each, and this cor
s..s,;on shall become going concern when
| kan
.;,.i stock shall have been subscribed and
"a q, In cash or its equivalent.
P .,oeLbolder shall ever be held liable for
...ai,s contracts or debts OF this corpora
- snv further sum than the unpaid bal
~. due the corporation on the shares OF
~ subscribed for by him, nor shall any
.er, informality in the organization nave
q. .Esrt Of rendering this charter null or
y ,.posing any shareholder 10 any liability
Abide V-All the corporate powers Of this
..,.t;on shall be vested in and exercised
!. : hoard Of directors to be composed of three
s,o,kbolders, majority OF whom shall con-
| stitute a quorum.
n. oseeIs of this corporation shall consist
a president. vice-president and secretary
,,,,.urer. all Of whom shall be members Of
| ne board Of directors.
IT Tss ioIlowing named persons shall consti-
,r,, Inc first board Of directors, tO-wit:
Mrris Steinberg, 1921 Pension ST., New
| ORLEANS, La; Harry Wainer, $40 Palmyra St,
New Orleans, La; Meyer Lichtenstcin, 2l0 s.
p,-,srt ST.. New Orleans, La; with Morris
S,;rberg as president Meyer Lichtenstein as
y;ce PRESIDENT and Harry Wainer, as secre-
,,r, and treasurer, and these directors and
aKrfrs shall hold their said Offices until the
srcoud Monday in September, 1916, or until
:beir successors shall have been duly elected
md qualified.
Thereafter the directors shall be elected
annually on the second Monday of September
q each year beginning with the year 1916;
N elections of directors shall be by ballot
md each stockholder shall be entitled to one
yott for each share of stock standing in his
name on the books of the corporation, this
vote 10 be cast in person or by proxy, and
shall require a majority of the stock pres
snt or represented to elect.
Article VI.-The board of directors shall
-. Ill ~,,1a "A /
| ulations governing the management of this
oporation as the directors shall see fit.
Article VII.-The several stockholders agree
not to sell, transfer, donate, or otherwise dis
pose Of any OF tie share, or shares of stock
held BY them without offering the said stock
| 70 4. 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 |
uperation and the said shareholder, pro- |
uded that the said price snail not exceed the |
maximum value Of the said stock so offered !
| iur sale, which value shall be determined to |
b the value Of the said stock as it appears |
q the books Of the said corporation as of |
nat dste. After such time should the cor
rntion decline to purchase said stock the |
n1feholder shall have the right of option to |
saef said stock for sale to any other person |
PERSONS, firms or corporations.
Article VIlI-This charter may be modified |
altered, the capital stock thereof increased |
decreased, or the corporation may be dis
slyed with the assent of two-thirds of the |
oPni stock present or represented at any
meeting Of the stockholders held for that pur- |
~ after prior notice in writing to each |
ucknoder or mailed to him at his last known /
~ cnee address, or in accordance with the
terms Of Act 67 Of 1914.
Article KAT the expiration of this char
r, o. the earlier dissolution of this corpora
lsr Tor any cause, its affairs shall be iiaui-
SRe BY one or more liquidators to be elected
y ~ stockholders. all of whom shall hold
seok n said comanpy and the said commits
Aesen are hereby vested with full power
- suinonty to liquidate the affairs of said
onpeny IN accordance with the terms of Sec
90 q Of Act 267 of 1914.
Ause x-The appearers hereby declare
u4 mey have subscribed to the following
..aosr o. shares in the proportion and oppo-
~ ~ nen names, and the signatures thereto
All constitute their original subscription to
opi'ai stock of said corporation in the
rSorlion set opposite their names.
=. oene and passed, in my Office, in the
~ new Orleans, on the 18th day of Sep
ons1 ~ in the presence Of Lloyd p.
-. sna kita Hoerner, competent wit
-, w.. sno nave signed these presents, to-
-. sitn the said appearers and me, no.
su1 que reading of che whole
Ssa n. Liehtensteiu, "a shares; Morris
~ u - shares; H. Wainer, share.
f MsL 7. O'Dowd, Rita Hoerner.
AEfER S. DREIFUS, Notary Public.
! NC Undersigned recorder of mortgages
I..:'u ior the parish of Orleans, State of
~ ana, 90 hereby certify that the above
- Ikolns act of Incorporation of Stein
49,, sonpany, INCORPORATED, was this day
r.. ~ u my Office in book lls7, folio $50.
- yneans, September %, 1915.
49, LMiLE LEONARD, Dep. R.
. true and correct COW of the ORIG.
q NE and Of record in my rotarial Of.
s.rER S DREIPus, Notary Public.