The herald., 1916-09-21

stoned and qualified and IN the presence OF
the witnesses hereinafter named and under-
signed, personally came and appeared Tho
persons hereinafter subscribed Who declared
that, ayailiag themselves IT the laws OF TN,
state relative % ;hc 1rSauiEatIon Of COrpy-
ratio0s in sucn cases made and provided.
they constitute themselves, their successors
and assigns, q corporation under the Stpula-
tons hereinafter set out, which they ador.
as their charter, to-wit:
Article The name Of this corporation
shall he National Hide & 'Gr Co, Inc, and
its period II duration shall be nlnety-nIuc
ly9l years from and after thls date, and ~
shall have for the purposes Of The business
to be carried on by It, al the powers con.
ferTcd by Law upon corporations, and sha.
generally exercise al the powers necessary
TO carry on said business
Article 1.-The domicilc OF this corpora
ton shall be IN the city % New OTlean~,
State OF Louisiana; and all citation and Other
legal process shall sc served on the prcsI-
dent, and IN case Of his absence or inability
Ger OF this company.
Article III.-rhe objects and purposes for
which this corporation IS organized and the
nature Of the business % be carried on by u
are hereby declared - De the following:
To buy and sell hides, fuTs, skins and Other
| articles Of merchandise as well as to solicit
| consiguments Of hides, skins, furS and other
articles Of merchandise, IN New Orleans,
| State Of Louisiana, and elsewhere; and gen
| orally 20 do and perform any and all thing
| incidental 70 or appertSining to the aiorc-
]
! Article IV-The amount OF the capital
| stock Of this corporation is hereby declared
10 be five thousand dollars (S5,O00O0, which
| shall consist of hfty shares 800 OF the par
value of hundred dollars $4,000 per
! share; and fifty per cent of the said capital
| stock shall be subscribed for before the
| filing of these articles Of Incorporation; and
fifty per cent Of said subscribed capital stock
shall be paid in before this corporation en-
The remainder of the authorized capital
7 II. -. l. .laNT~ bod Cor
| at such times as the board Of directors shall
! determine and all stock shall be paid for
/ III full, either in cash, labor done for the
| the benefit of the corporation, or property
actually received by this corporation.
The amount 10 which the capital stock OF
| shls corporation may be increased Is hNed
At the sum Of SS0,n0.0O.
| No transfer Of stock shall be binding upon
this company unless made upon the books
Of the company, and sale other dis
posal OF stock shall be valid unless frst
company for ten days Al price not IN ex
cess of the book value OF he said stock OF
the date Of the said offer, after which, II
said offer is not accepted by any stockholder
the stock may be sold by the owner at will
All stock acquired in the corporation shall
be subject to this provision of the charter
Article N.-An the powers of this corpora,
tiDn shall be vested in and the business and
affairs Of the corporation shall be managed
by 4 board of three directors who shall be
elected annually at meeting of the stock.
holders 10 De heId on the hrst MONDAY OF
/: October each year; the first board Of direc-
tors shall serve for the first year or until
their successors are elected and qualified,
and shall consist Of the following,
phonse ]. Guma. New Orleans, La; Joseph
W. Beer, New Orleans, La, and Of the above
named board of directors, Alfred V. Beer
shall be president; Alphonse J. Guna shall
be vice president; Joseph w. Beer shall be
secretary and treasurer. All elections shall
he by ballot at the office Of the company
under the supervision Of two commissioner
To be appointed by the board of directors.
Notice Of such meeting shall be given by
the secretary in writing, delivered to each
! stakeholder in person mailed to his last
known address at least fifteen u0 days prior
| 10 the date Of such election, but this notice
may be waived by unanimous consent Of all
the stockholders.
At all such elections and at all meetings
OF the stockholders, every stakeholder shall
be entitled to one vote for each share OF
stock standing in his name on the books OF
the corporation at the date Of such election
or meeting; said votes may be cast in person
or by proxy, written, and majority OF votes
thus cast shall elect.
The failure to elect directors at the annual
meeting shall not dissolve this corporation
nor impair it's management in any way, but
the directors then in Office shall remain in
Office until their successors are elected and
qualified.
Each subsequent board shall elect as soon
as possible from their own number a presi-
dent, vlce-president and secretary and
treasurer, and may grant to each such officer
such power as they deem proper.
All vacancies the board for whatsoever
cause shall be filled by the remaining diTec-
tors. Any member Of the board may appoint
any other director his proxy to act IN his
place at any meeting of the board.
Said corporation shall have the right %
purchase any business or businesses within
the objects and purposes OF this corporation
and TO pay therefor such price as the board
: of directors shall determine. The board OF
, directors may make and amend all bylaws
rules and regulations necessary and proper
for the management Of this corporation.
| Article NI-This act Of Incorporation may
. be modified, changed, altered or amended
or said corporation may be dissolved with
the assent Of two-thrds OF the capital stock
outstanding at a meeting Of the stockholders
! days notice has been delivered in person
; or given by letter TO the last known address,
of each stakeholder. The said notice may
be waived by the unanimous consent OF al
In case OF dissolution of this corporation
its affairs shall be liquida;ed by two com
missioners, elected by the stockholders.
held liable for the contracts or faults Of this
corporation in any further sum than the
unpaid balance due 10 the corporation on the
shares owned by him; nor shall any mere
] informaliiy have the effect OF rendering thu
charter null or of exposing any stockholde
10 any liability beyond the balance due anC
E unpaid on his, stock subscription. ...;..,.
E written opposite their names the amount o
n stock subscribed by them in this corpora
ton, 50 that this act Of Incorporation maj
o serve also as the original subscription lis
, Of the corporation, and they have stated thei
post office addresses, all 20 conform 70 &C
No. 267 Of 1914.
Thus done and passed at my Office in HI
city Of New Orleans, State Of Louisiana, Of
the day, month and year first hereinaboy
written, in the presence Of Messrs. jules
Award and Rixford J. Lincoln, competen
witnesses, residents Of New Orleans, La.
!; Of full age OF majority, who hereunto sigi
y their names with the said appearers and ne
q notary. after a due reading Of the whole.
u Names Of stockholders omitted.
Z Witnesses: Jules f. Award, Rixtord
: Lincoln.
SCOTT F. BEER, Notary Public
l. the undersigned recorder Of mortgage
in and for the parish Of Orleans, State 0
{, Louisiana, do hereby certify that the abov
| and foregoing act Of Incorporation Of IN
National Hide & Fur Co.. Inc" was thl
| day duly recorded in my Office in book l3l
folio 226 New Orleans, La, Sept. ls, 1916.
(Signed), EMILE J. LEONARD, ID; K.
This is 70 certify that the above and fore
going is a true and correct copy OF the OTIS
!, IuaI charter of the National Hide < ~
II r. Trr exceut the names OF the subscTlt