The herald. [volume] (New Orleans, La.) 1905-1953, 1916-02-10

Va
United States of America, State Of Louisiana,
Parish Of Orleans, City of New Orleans.
BE II known, that on this thirty-hrst day Of
the month of December, in the year of our
Lord one thousand nine hundred and fifteen,
and Of the independence of the United States
Of America, the one hundred and fortieth,
before me, Theodore A. Schuber, a notary
public, in and for the parish Of Orleans,
State of Louisiana. duly commissioned, sworn
and qualified, and in the presence OF the
witnesses hereinafter named and under
signed, personally came and appeared: The
several parties whose names are hereunto
subscribed, and severally declared that, avail
ing themselves of the laws of the State of
Louisiana, in such cases made and provided
they have coyenanted and agreed, and do by
these presents covenant and agree and bind
themselves, as well as other persons, who
may hereafter become associated with them
selves, to form corporation and body polite
in law, and for the objects and purposes, and
under the articles and stipulations following,
to-wit:
Article 1.-The name of this corporation
shall be New Orleans Paint & Color Co.,
Inc" and under its said corporate name
shall have power and authority to enjoy cor
porate existence and succession for the full
term Of ninety-nine years, from and after the
date hereof, to contract, sue and be sued, to
make and a corporate seal, to alter and
break at pleasure, to hold, 10 receive, hypeth-
ecate, convey, sell, lease pledge real and
personal property to issue negotiable bonds
and notes, other evidence of debt, to name
and appoint such managers, agents, directors
and officers as its business interest and con-
venience may require; to make and establish
as well to alter and amend from time to
! time, such bylaws, rules and regulations for
the proper government of the affairs of this
corporation, as may be necessary and proper.
Article 1.-THE objects and purposes for
which this corporation is organized, and the
nature of the business TO be carried on by
II are declared to be, the importing, export.
| ing, manufacturing, buying and selling
paints, varnishes, glass, and such articles as
are generally used in the paint business, and
| TO do and transact a general paint business
/ for its own account, and for the account OF
others, on commission or otherwise, and Ia
| do and perform all things incidental to said
business.
Article IIT.-Thc capital stock of this cor.
| poratIon IS hereby fixed at the sum Of twenty
| thousand lS2)DOO0) dollars, divided into and
represented by two hundred 600 shares OF
! stock at the par value Of one hundred (SlOOOO)
| dollars per share. Said stock shall be paid
| for in cash, or property actually received by
| the corporation. The capital stock OF this
corporation may be increased to the sum OF
| thirty thousand CsO0OOO dollars. This
corporation shall be a going concern, as soon
| As at least the sum Of five thousand (S5OOJ)
! dollars is paid in cash.
Article IV-The domicile of this corpora,
| ton shall be in the city Of New Orleans, and
| State Of Louisiana, where all meetings OF
| the stockholders or directors must be held
] provided that with the written consent Of all
! the directors valid meetings OF the direc.
| tors may be held outside OF the state, OF
! within the state, elsewhere than at its domi
| cIle. Citation shall be served upon the presi
! dent, or in his absence or disability upon
| the viCe-prcsidcnt.
Article V.-All the powers Of this corpor
alton shall be vested in and its business shall
| he managed by a board Of directors, con.
| Sisting Of three stockholders of this corpora
! ton; and the names and post Office addresses
| Of those selected to serve for the first year
or until their successors have been duly
elected and qualified, are as follows: Rudolph
| d. Bernhard, president, 1927 Pine Street
| New Orleans, La; Earl r. Bernhard, vice
| president, 1872 Pine Street, New Orleans
| La; Joseph D. Purcell secretary treasurer
| 1855 City Park Ave, New Orleans, La. The
| corporation shall have a president, vice
| president, and a secretary-treasurer, and sucl
| board OF directors may from time 10 time de
termine, whose duty shall be fixed by til,
| said board.
The board Of directors shall have power 4
| make all bylaws, rules and regulations 70
| the corporation. Any vacancies in the off
| GERS and directors shall be filled by the re
naming directors.
| Article Vino stakeholder shall ever b
( held liable or responsible for the contracts
| faults or debts Of this corporation, nor shall
any mere informality in its organization hav
| the effect OF rendering this charter null, o
| OF exposing its stockholders TO any liabilit
| beyond the unpaid balance due on the stocI
owned by them.