The herald., 1915-04-15
CHARTER
OF CRESCENT BROOM COMPANY. INC.
Onifed States of America, State of Louisiana

L.
8 Our LORD, one thousand nine hundred and ri
= teen, and OF the Independence of the Unite
states OF America, the one hundred and thirty
! p pr,ni, 9eiore me, Alexis Brian, Notar!
, fubhc duly commissioned and qualified with
. IN and tor the Parish of Orleans, State O
t LOUISIANA, and in the presence of the wit
? nesses hereinafter named and undersigned
personally came and appeared the seyera
persons whose names are hereunto subscribed
who severally declared that, availing them
selves OF the benefits and provisions of tn,
constitution OF the State of Louisiana and o.
the laws OF said State relative to the organ.
lZation OF corporations, and particularly Of
the provisions of Act No. 267 of the Acts OF
the General Assembly of the State OF Louis
ANA Tor the year 1914, they have united &c
> form, and do by these presents form and or,
game themselves, as well as all such other
persons who may hereafter join or become as.
sociated with them or their successors, into
STOCK corporation for the objects and pur.
poses and under the covenants, stipulations
and agreements following, to-wit:
Article 1.-The name and title of this cor.
poration shall be Crescent Broom Company
Inc, and under and by said name unless
sooner dissolved in accordance with law and
this charter, it shall exist and continue and
shall have and enjoy corporate existence and
succession for { period of ninety-nine (oo)
years from and after the date of this act Ii
may have, Tod. receive, borrow loan eS-
change, acquire by grant, gift or purchase de.
wise or bequest, sell, ALLEVIATE dispose of,
| convey, lease, pledge, pawn, hypothecate en-.
cumDer or mortgage property of any kind.
whether real, personal or mixed, corporeal or
| incorporeal, movable or immovable all sub
lect TO such limitations as may be prescribed
Dy law. 1t may make, issue and endorse
bonds or notes and other evidence of debt
| IL may accept mortgages, pledges or other
| forms OF security for money loaned or other
| debts. 1t may contract, sue and be sued
plead or be implicated by its corporate name
IN any court OF competent jurisdiction. 1t
| may make, adopt and use common seal and
| alter the same at pleasure. 1t may hold stock
| IN other corporations, and its capital stock
may be issued for capital stock in other cor
porations. 1t may name, appoint and employ
| such managers, directors, officers, agents and
| other employees as its interest, business and
| convenience may require, and may fix their
| compensation, having due regard to the ma
| ture, character and value of their services II
| may make and establish bylaws, rules and
regulations, not inconsistent with this charter
| or any existing law, fixing or altering the
management OF its property, the regulation and
government OF Its affairs, and the manner of
the certihcation and registration of its stock
Ii may wind up and dissolve itself, or be
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 it
generally shall possess all the powers, rights,
privileges and immunities which corporations
are and may hereafter be authorized to pos
sess under the constitution and laws of this
state, and particularly under Act No. 267 of
the acts of the General Assembly of the State
OF Louisiana for the year 1914. And il shall
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 |
of Orleans, State Of Louisiana, and all cita- |
tions or other legal process shall be served |
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 lll-Ihe 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
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 or rent, acquire, hold and operate
and sell or 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-
mercantile corporation, and to
deal in such other goods, wares and merchan-
disc usually manufactured dealt il
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
(S50OO0). The presently authorized capital {
stock of this corporation is to be divided into
and represented by two hundred Goo shares Z
ired dollars $4,000 each; but this corpora ;
ion shall have the power TO create two or
more kinds of stock of such classes, with such
preference and voting powers or
estrctions qualifications thereof as it may I
zee fit. Said capital stock shall be fully paid Q
md non-assessable when issued, and shall be {
represented by certificates and shall be per- !
onal property. No transfer of said capital
took shall be binding upon this corporation
Inless made in accordance with its charter :
nd bylaws and recorded on the books there
Article V-No stakeholder may offer for sale {
ssign or transfer his stock in this corpora I
ion without giving to the other stockholders
hirty 600 days prior notice of such intention,
Ihich notice shall be given in writing to the
cretary-treasurer, and the other stockhold-
rs shall have the first privilege of purchas- q
ng the said stock at the book value thereof o
Dr. a period of thirty (30) days from the de- Il
very of said notice to the secretary-treas- A
rer after which thirty (3o) days if said stock b
olders do not avail themselves of said n
rivilege said stock may be sold to whomso- f
YER the stakeholder may see fit. O.
Article VI.-The business of this corpora e
on shall be managed and all the corporate u
owers thereof, except as hereinafter stated, Il
hall be vested in and exercised by a board W
FIVE (0 directors to be elected from among al
s stockholders, three of whom either present ia
person represented by proxy shall con- 26
itute a quorum. No stakeholder shall be CO
igible as a director unless FIVE (9 shares of er
lie capital stock of this corporation shall as
.long to him in his own right and stand in h,
s name on the books of the corporation. The 70
haar AG rs N.nrR
all be composed of Sidney c. Bertoniere, st
hose post Office, address is l6ls Crete street,
ew Orleans, La; Gustave Oertling, 4l6s pc
ramer, 4l6S Canal street, New Orleans, La; ar
variste c. Bertoniere, 1904 Grand Route St. au
hn, New Orleans, La, and Chester G. fu
.rtling, 4l6S Canal street, New Orleans, La, co
It'll Sidney c. Bertoniere as president, Gus af
We Oertling as vice-president and Philip L.
-amer as secretary-treasurer Said board of sh
rectors shall serve until the first annual Ii
.eting of stockholders for the election of ce
rectors, or until their successors are elected CO
d qualified. alb
Article VII-On the third Monday in Jam ca
~, 1916, and annually thereafter on the pr
lrd Monday in January in each year, a tn
.eting of the stockholders of this corpora de
n shall be held at its domicile for the pur- DO
Sc Of electing directors for the ensuing tn
ar; and at such meetings the stockholders on
all have the right of cumulative voting in pr,
election of directors. A failure from any
use whatsoever to hold the annual meeting WI
stockholders, or the failure to elect direc- ma
s thereat, shall not dissolve this corpora it,
n, but the directors and officers then in tai