The herald., 1915-11-11
CHARTER
OF VIM. E. VOELKEL & son COMPANY
INC.

OF WIN. +. NOELhEL x sun COMPANY
INC.
| United States Of America. State Of Louisiana
Parish Of Orleans, City Of New Orleans.
Be 1t known, that on this the 9th day o
! October l@l5. before me, Watts X Leverich
| notary public duly commits and quail
| ned i'm and for the parish OF Orleans, State
Of Louisiana, in the presence OF the wItnesSc:
| hereinafter named and undersigned, person
! ally came and appeared the parties whose
names are hcrcunto subscribed, who declared
! that, awaiting themselves OF the provisions
! II the laws Of Louisiana, they do hereby form
| themselves into and constitute corporation
for the purposes and upon the conditions, here
| matter set forth.
! poratIon shall be VIM. +. Noelkel Il Son Com.
! pauy, Inc. Its domicile shall be III the city
| OF New Orleans, and II shall exist for ninety
| nine years from tins date. 1t shall have and
| exercise for the purpose OF the business to be
| carried on by 1t, all OF the powers conferred
| by law upon corporations, including the power
| to purchase, lease, hold, sell, mortgage and
| pledge, real and personal property; 10 con-
| tract. and be sued, to make and use, II II
50 desires, a corporate seal, and the same TO
break or alter at pleasure; to make bylaws
| for its government, and the same to alter or
amend at pleasure; to name and appoint such
managers, agents, directors and officers as its
business interest and convenience may re-
quire; to hold and vote stock in other cor
poratIonS to the extent permitted by law; and
generally TO exercise all the powers necessary
or convenient to carry on and accomplish its
objects and purposes
Article 1.-THE objects and purposes for
which TINS corporation IS established and
the nature of the business to be carried on by
II hereby declared to be: To buy, treat
sell and generally to deal in all kinds of
fur and fur-bearing animals, wool, hides, and
similar commodities for its own account, or
for others.
Article III.-Citation shall be served upon
the president, and in case of his absence from
the city, upon the vice president, and in case
OF absence of both from the city, upon the
secretary.
Article IV.-The amount of capital stock
shall be ten thousand dollars (Sl00C0OO), d.
vided into one hundred 900 shares of one
hundred dollars (SlOOOO) each, which shall be
paid for in cash, or may be issued for prop
erty actually received by the corporation. The
corporation shall begin business as soon as
all of its stock is subscribed and paid for.
The capital stock of the corporation may be
increased up to the sum of five hundred thou
sand dollars (S50O,0OO.O0).
Article V.-The entire powers of this cor
poration vested in, and its business shall
be conducted by board of directors, con-
sIsting of not less than three 90, more
than five 81, stockholders elected by the
stockholders at a general meeting to be held
the FIRST Monday in October of each year
EaCh snare OF STOCK snail De entitled to one
vote, cast in person or by proxy, and a ma
JOrity of votes cast shall elect. The board
shall elect a president and a vice-president
out of its number, and a secretary, who need
not be a stakeholder, and such other Off
it may think proper, and may COM
bine any of said offices and confer the same
on one person. A majority of the board shall
constitute quorum and exercise all the pow
ers of the board, and any director may at any
time give his power of attorney to another
nr IN thPr tod
by him, and in either case the director thus
represented by proxy shall be counted for all
purposes as if personally present at all meet
ings of the board of directors.
Directors and officers shall continue in
office until their successors are elected and
qualified, and failure to elect directors at any
meeting shall in no manner affect the COR
pOr2tiOn. Vacancies occurring or existing in
the board of directors shall be filled by the
remaining members of the board of selection |
from the other stockholders
The board of directors shall have full power, |
without reference to the stockholders, to |
buy and sell real estate at such prices and |
on such terms as they fit, and to issue |
bonds, mortgages, notes or other obligations |
for the company and to secure the same by |
mortgage and pledge of the companys prop
erty, all without referring to the stockhold- |
eTS.
The first board of directors shall consist of:
!. ;; Silberman, whose postofice address is
herman, whose postofice address is lll7 w.
S5th ST., Chicago, Ill. g. H. S Silberman,
whose poStoffce address is I'LL w. 35th ST.,
chicago, Ill, and they shall serve until the
l'lo, or until their successors are elected and
qualified
Article VINO notice need be given of the
annual meeting of the stockholders all stock
holders taking notice OF the date of said
meeting from the provisions of the charter.
Notices of all other meetings of stockholders
shall be given by publication in a daily
newspaper of the .city of New Orleans for
one week PRIOR to the meeting, provided that
publication of said notice may be waived by
The consent of all stockholders, filed with the
secretary OF the company, and meetings of |
stockholders may be held at any time with
such consent Meetings may be called by
he president, and must be called by him at
he request of any stakeholder The purpose
or which the meeting is called shall be
stated in the call addressed by the president
o the secretary, and the purpose of the meet.
ng need not be stated in the advertisement.
I shall be sufficient to state in the adver.
lsement that the meeting is called for pur-
'Oses stated in the call on file with the secre-
ary
Article What the termination of this
harter, or on the dissolution of the corpora
ION, its affairs shall be lqudated by a COM |
missioner or three commissioners elected bv
ne stockholders, who shall have full power
nd authority to sell and dispose of all the
property OF the corporation, real OF personal |
I public or private sale, and to distribute )
he proceeds.
Article VIII.-This act of incorporation NAV :
e modified, changed, or altered, and its cap !
al stock increased, or the corporation NAV {
e dissolved in the manner, and upon the :
ote, provided by law
Article lX.-No stakeholder shall be liable
" the contracts, faults or debts of the cor
'ration IN any further sum than the unpaid
ilance due on his stock, nor shall any mere
formality in organization have the effect
rendering this charter null or exposing g
e stockholders to any further liability. :,
In order that this charter NAV also Serve :;
the original subscription list the SUBJ A
rioers hereto have set opposite their re. "
ective names the number of shares of stock N
described for by each of them, and their q
stotfice addresses. The capital stock of this h,
-poration is paid for in cash at the execu. ar
n hereof. ..
Ihus done and passed in my Office in the m
y OF New Orleans, in the parish and state W
resaid, on the day, month and year herein L,
Z above written, in the presence of Messrs. de
lie McCaw and F. E. Kelly, Competent A,
le witnesses, who signed these presents Fe
the said appearers, and me. notary.
n due reading of the whole.
gned: S. SHERMAN, I'LL w. 3sth St. N;
cago, Ill, per pro Monte NJ. Lemann. 81 nm
res; ID. B. SHERMAN, ILL W. 3Sth 81