The herald., 1915-10-21
CHARTER
rr,NRERG AND COMPANY, INCoR'
OF SiN PORATED.

en- huudred ana t'''l' - -, ,,II;o - -
Meyer 9anluh Of Orleans, State Of Louisiana
for the J,,lv commits stoned and quallhed,
aforessioi oresence Of the witnesses herein
and u - and undersigned, personally came
after hS,nssred, the several persons whose
sno IRE hereunto sihScT' 'eg d suCi, Vi sne
names :, majority who declared TO me that
full age otn,srlyes Of the laws of this state
avsiling ,be organization Of corporations,
relative snecially Of Act NJ 81 the Acts OF
and mort MOI. Assembly Of the State OF LouisI-
the ,he wear 1914, page 49, ana ACT %I
ana ,o M oage 59j, they have coVenanted ana
Of yl1 "a nv these presents do covenant
agreed, az Cor themselves, and their success
and seI .ss;gns TO form themselves INTO
sofs any and body petite tor the objects
corpofauoos. and under the stlpuations here
any as,r, set forth, to-"it: ...,. r a..
insi.e:, 1.-The name and tue OF this cor
hlie0 Lii he Steinberg and Company, In
poration shai pa rnder such title it shall have
cmpofateu, succession ami existence for a
and ehJ1y ,;rety.nine years from date hereof;
pefioo " e oower and authority 10 contract,
il snsh hs sued, make and use corporate
sue - same 10 break ana alter at pleasure,
sea-, "a sell. lease, mortgage, hyPotheCate or
g.Sse property real, personal oi nliNeu' NC.
pease residential or proper tor the carrying
essaiy h,sipess. and 20 name, elect and ap-
90 Of us v directors and clerks or other
point MAJ - nroperly conduct its corporate
emPoy and 10 make such bylaws, rules and
busiih t.;ons as may be found necessary or
ine1ss..shle for the management OF this corporal
desisOd generally TO do every other act,
ron, any Thing necessary for the complete
MAIZE 80, carving on OF said business.
and Ply 1.-THE domiciic OF this corpora
ArhSe he in the city Of New Orleans,
uon ~ Orleans, State OF LOUISIANA, where
pans s:,.t;on ard other legal process shall be
all elsN ,,non the president, or in the absence
Of ~, -. psbsence of both, upon the secretary
treasurer. - IT. L;arts aud purposes of
hi'iSeIoo,st;or shall be 10 conduct business
vi aS'S;ng and selling furs and hides at whole
u o.,s or retail: to operate and conduct tan
sale u - N do any and all acts necessary or
inss.;d,rtal 10 the carrying ont or conducting OF
ny ny cnttoresaid objects and purposes.
ins ~ V-The capital stock OF this cor
h;S IL hereby fixed at the sum of thirty
pOas,nd Cs5O.OOO0O) dollars, divided into three
tandred 900 shares Of the par value OF one
h"nSred $4,000 dollars each, and this cor
,;ou shall become a going concern when
pO,S Srndred and fifty NS)l shares Of its said
o On.,sI stock shall have been subscribed and
IA for in cash or its equivalent.
pIle s,ocLbolder shall ever be held liable for
.s.'i,s contracts or debts Of this corpora
~, in any further sum than the unpaid bal
WI dre the corporation on the shares OF
afaek
-. informalty in the organization have
-. eject of rendering this charter null or
~ erposing any shareholder to any liability
whatsoever. .. -. = a..
..rrooration shall be vested IN and exercised
BY board of directors to be composed o. three
stockholders, a majority OF "noil shdlI So"-
stitute quorum.
TIE oficers of this corporation shall consist
a president, vice-presdent and secretary.
treasurer. all Of whom shall be members OF
the board of directors.
The following named persons shall consti-
,use the first board of directors, to-wit:
Norris Steinberg, l42l Pension ST., New
orlsans La; Harry Wainer, 3ll6 Palmyra St,
y,w Orleans, La; Meyer LIchtenstein, 2l0 ).
psmoart ST., New Orleans, La; with Morris
. Stenbere as president Meyer LIchtenstein as
yice.president and Harry Wainer, as secre-
,,,v and treasurer, and these directors and
os;eer, shall hold their said offices until the
second Monday in September, 1916, or until
ther successors shall have been duly elected
Thereafter the directors shall be elected
annually on the second Monday of September
Of each year beginning with the year l9i6;
All elections OF directors shall be by ballot
and each stakeholder shall be entitled to one
vote for each share of stock standing in his
name on the books of the corporation, this
vote to be cast in person or by proxy, and
il shall require a majority OF the stock pres
ent or represented to elect.
Article YI.-The board of directors shall
meet and adopt such bylaws, rules and reg
ulatons governing the management of this
corporation as the directors shall see ft.
Article VII.-The several stockholders agree
not to sell, transfer, donate, or otherwise dis
pose Of any Of the share, or shares of stock
held by them without offering the said stock
10 the corporation which shall have the right
I'D frnr dat ~ Of
notice by the president 10 purchase the said
stock offered for sale, IN whole or in part, at
a price to be agreed upon between the said
corporation and the said shareholder, pro-
sided that the said price snail not exceed the
maximum value of the said stock so offered
for sale, which value shall be determined to
be the value of the said stock as it appears
On the books of the said corporation as OF
that date After such time should the cor
pcration decline TO purchase said stock the
shareholder shall have the right of option to
ofer said stock for sale to any other person
Or PERSONS firms or corporations.
Article VIII.-This charter may be modified,
Of altered, the capital stock thereof increased
o. decreased, or the corporation may be dis
solved with the assent of two-thirds of the
capital stock present or represented at any
MEETING Of the stockholders held for that pur-
pose after prior notice in writing to each
steckholder or mailed to him at his last known
terms Of Act 267 of 1914
Article lX.-At the expiration of this char
VI o. the earlier dissolution of this corpora
Won for any cause, its affairs shall be liqui-
GATED BY one or more liquidators to be elected
oI me stockholders, all of whom shall hold
snek IN said comanpy and the said commits
MINERS are hereby vested with full power
ana authority to liquidate the affairs of said
Company in accordance with the terms of Sec
Ton 20 Of Act 267 of 1914.
Afueie A-Ihe appearers hereby declare
m1 tney have subscribed to the following
nuneer OF shares in the proportion and oppo-
.f meir names, and the signatures thereto
a<h constitute their original subscription to
capital stock of said corporation in the
Fepefuon set opposite their names.
mus Done and passed, in my Office, in the
ny o. New Orleans, on the 18th day of Sep
@noer iys. IN the presence of Lloyd =.
oposq and Rita Hoerner, competent wit
uses who have signed these presents, to-
u with the said appearers and me, no.
sner due reading of che whole.
Sned; N. Lichtenstein, "a shares; Morris
r1,aaoerg. Is shares; II. Wainer, | share.
Witnesses: L. P. O'Dowd. Rita Hoerner.
MEYER S. DREIFUS, Notary Public.
the undersigned recorder of mortgages
ana Tor the parish of Orleans, State of
- salsna, DO hereby certify that the above
wiegoing act Of Incorporation of Stein
q company lncorpNated, was this day
~ my office in book 1857, folio $50.
~. orleans, September %, 1915
1sisned) EMILE J. LEONARD, Dep. r.
49, neiieoy certify that the above and fore
& 49, a true and correct COPY of the orig
- on hle and Of record in nv notarial Of
MEYER S. DREIPUS. Notary Public.
" 81 q nov II