The herald. [volume] (New Orleans, La.) 1905-1953, 1916-12-14
CHARTER
OF TIE CRESCENT PRINTING COM.
PANY, INCORPORATED

!
OF TIE CRESCENT PRINTING COM
PANY, INCORPORATED.
United States of America, State of Louisi-
ana, Parish Of Orleans, City Of New Or
leans
! BE it known, that on this first day OF the
| month Of December, in the year OF our Lord,
one thousand, nine hundred and sixteen
! ll9lol and Of the independence OF the United
States OF America, the one hundred and
| torty-hrst, before me, Allan Raymond Beary
a notary public in and for the parish and
state aforesaid, duly commissioned, sworn
ana quahhed, therein residing, and IN the
/ presence OF the witnesses hereinafter named
! and undersigned, personally came and ap-
! peared the several persons whose names are
| hereunto subscribed, all above the age Of
majority, who Severally declared that, avail
ing themselves Of the provisions OF the laws
| Of this state relative TO the organization Of
| corporations, and particularly Act 267 Of
the Acts OF the General Assembly OF the
state OF Louisiana, approved July ., 1914
they have Covcnauted and agreed, and do
| by these presents, covenant, agree and bind
themselves As we'll such other persons as
| may hereafter become associated with them,
I or their successors, to form and constitute
, a corporation IN law Tor the objects and pur
| poses, and under the agreements and stip-
! ulatlons following, to-wit:
Article The name and title Of this cor
pany, Incorporated. and under its said cor
| pordte name II shall have power and author
ty TO have and enjoy succession for the
! tul! term and period Of ninety C9D nine
years from and after the date hereof; to
! contract, and be sued, to make and use
! a corporate seal. # desired and the same
| TO break or alter at pleasure; to hold, re-
| celVe, lease purchase and convey, as well as
! mortgage and hypothecate property, real, per
! Sonll and mixed COrpOreal and InCorporeal /;
/ 70 mare and appoint such managers, agents.
| directors and officers as its business inter
! eStS and convenience may require and to
make and establish, as well as alter and
| amend, from time to time, such bylaws,
| rules and regulations for the government of
| the AFFAIRS OF said corporation as may be
| necessary and proper.
Article 1.-THE domicile of said corpora
ton shall be III the city of New Orleans,
| Parish OF Orleans, State of Louisiana, and
! all citations, or other legal process, shall be
served upon the president Of said corporation,
| or, IN the event of his absence, upon the
| vlce-president, and, in the event of the abb
Sence OF both OF said offices, as the law d-
| reefs.
| Article IlI.-The objects and purposes for
which this corporation is formed and the
| nature OF the business to be carried on by
| It, are hereby declared to be, Typesetting,
| machine composition, stereotypIng, lthO-
! graphing, engraving, printing, bOokbinding
| and ruling, and to buy, sell and deal in any
| and all kinds OF presses, type, paper and
| any and all accessories appertaining thereto.
| Article lN:-The capital stock of this cor
poration Is hereby fixed at the sum of FIVE
| thousand $500 dollars, 10 be divided into
| and be represented by two hundred COO
! shares Of stock of the par value OF twenty
| tS25) five dollars each, and the amount TO
| which the said capital stock of this corpo-
| ration may hereafter be increased is hereby
| hNed at the sum OF fifty $4,000 thousand
| dollars.
All shares of stock shall be issued as full
paid and worcestershire, and no transfer. of
stock shall be binding on the corporation,
| unless recorded on its books.
| To issue shares of stock up to the amount
| to which under this charter the stock may
| be increased, the resolution to increase shall
| be read at one meeting OF the board of di-
rectOrs and laid over for action at the next
| meeting of the board, before it is adopted.
| and on such action the new stock shall be
| hrst offered TO the existing stockholders in
| the proportion Of their several holdings and
! with the thirty days privilege to pay for
| the same before any Of the stock is offered
| for sale or subscription to other persons.
The capital stock of this corporation may
be diminished as provided by law.
| Article V.-All of the corporate powers OF
| this corporation shall be vested in and be
! exercised by a board of directors TO be com.
| posed of three stockholders, two of whom
ton of business. The board of directors
| shall elect, annually, from their number, a
| president, a vice-president and a secretary
| treasurer. The board shall appoint from
| employees as they may deem necessary for
| the purposes and business OF the corpora
| ton, who shall hold office at the pleasure of
the board, or may appoint manager or
| other person with power to employ and dis
| charge such agents and employees as may be
necessary. Said board may make, alter and
| amend any and all bylaws and regula-
| tons proper for the conduct and management
| OF the business and affairs OF the corpora
ton.
The following persons shall compose and
| constitute the first board OF directors; all
of whom reside in this city. Alfredo Blanco,
| president, lbs y. Rampant street; Edwin
| Ernest Crozat, vice president, 1919 n. Viii
| lere street, J. L. Robert, secretary treasurer,
5O45 St. Philip street
The annual meeting of the stockholders
of this corporation for the election of officers
shall be held the third Saturday in De-
| cember of each year, and the directors now
| chosen to represent this corporation shall
hold their offices until the third Saturday in
| duly elected and qualified In case vacan-
| cies occur during the year, the same shall
| be filled by the remaining directors or direc-
| tor.
| Article VI.-This charter may be mod-
| ned, changed or amended, or said corpora
| ton may be dissolved, with the assent OF
stockholders owning twO-thirds of the entire
capital stock of this corporation, at a general
| meeting of the stockholders convened for
.hat purpose, after fifteen days notice in
writing shall have been given TO each stock
holder, mailed to his last known address.
IN case of liquidation, the board of drec
tors shall be IqudatOrs
Stockholders may vote either in person
or by proxy.
No stakeholder shall ever be held liable
or responsible for the contracts or faults Of
this corporation in any further sum than the
unpaid balance due the corporation on the
shares ci sock owned by him. shall ATTY
mere IniorEalitv in organization have the
effect of rendering this charter null, or OF
exposing any stakeholder to any liability
beyond the balance due by him.
Article VII-The subscribers hereto have,
respectively, written opposite their names
the amount of stock in this corporation sub
scrbed for by each of them, so that this
act of Incorporation shall serve as the orig
inal subscription list of said corporation.
Article VIII-This corporation having
beer formed to take over the business, good
will and plant of the co-partnership existing
between Alfredo Blanco and J. L. Robert,
under the name OF the Crescent Printing
Comply" the said Alfred Banco and ]. L.
Robert have turned to this corporation
in payment of their subscriptions to the
capital stock of this corporation the entire
equipment and assets of said Crescent Print
ing Company, consisting of one 7Xll Platen
press, with electric motor and appurtenances;
one 10xl5 Platen press with electric motor
and appurtenances; one 141zx22 Platen press
with electric motor and appurtenances; sew
enty cases, with about 80 pounds of type;
Nn