The herald., 1916-10-26

r,ni,ed States of America, State of Louisi
ana. Parish of Orleans, City of New
Orleans.
n. :, known, that on this 18th day of tn,
.-anth Of September, in the year 1916, befor,
~, Scott E. Beer, a notary public IN anC
ar the Parish OF Orleans, State of Louisi
an. therein residing, duIy sworn, commits
stoned and qualified and IN the presence o.
~. witnesses hereinafter named and under
S;s,ed. personally came and appeared tn,
Seems hereinafter subscribed who declared
ssat. ayailing themselves of the laws Of thi:
s,ate relative to the orsanization OF corpo
-,,;ons in such cases made and provided
NV constitute themselves, their successor.
md assigns, a corporation under the stipula
rious hereinafter set out, which they adop'
as their charter, to-wIt:
Article 1.-The name OF this corporation
.hall be National Hide & rur Co., Inc, and
rs oeriod of duration shall be ninety-ninc
fgq) years from and after this date. and il
hall have for the purposes of the business
10 be carried on by il, all the powers con:
tered by law upon corporations, and shall
renerally exercise all the powers necessary
- carry on said business.
Article 1.-THE domieile of this corpora.
siou shall be in the city OF New orleans,
State Of louisiana: and all citation and other
legal process shall be served on the presi-
dent. and in case of his absence or inability
20 act, upon the vice-president or other off,
Ger Of this company.
Article III-The objects and purposes for
vhich this corporation is organized and the
nature Of the business to be carried on by II
are hereby declared to be the following:
!, To buy and sell hides, furs, skins and other
articles of merchandise as well as to solicit
eonsigrments of hides, skins, furs and other
articles of merchandise, in New Orleans,
Stste of Louisiana, and elsewhere; and gen.
orally to do and perform any and all things
incidental to or appertaining to the afore-
said objects and purposes.
Article IV.-The amount of the capital
stock of this corporation is hereby declared
20 be FIVE thousand dollars ($5,0O000), which
shall consist of fifty shares (SO) of the par
value of one hundred dollars $4,000 per
share; and fifty per cent of the said capital
stock shall be subscribed for before the
Eiing Of these articles of Incorporation; and
6fty per cent of said subscribed capital stock
shall be paid in before this corporation en-
wages in business.
The remainder of the authorized capital
stock shall be paid for, when subscribed for,
at such times as the board of directors shall
determine; and all stock shall be paid for
10 full, either in cash, labor done for the
she benefit of the corporation, or property
actually received by this corporation.
The amount to which the capital stock of
this corporation may be increased IS liked
~ ne sum OF 100000.
No transfer of stock shall be binding upon
this company unless made upon the books
VI the company, and no sale or other dis
posal Of stock shall be valid unless first
sfered to the remaining stockholders of this
cDmpany tor ten days at price not IN cx-
cess Of the book value Of the said stock on
the date Of the said offer, after which, if
said offer is not accepted by any stakeholder,
the stock may be sold by the owner at will.
All stock acquired in the corporation shall
b subject to this provision of the charter.
Article Vail the powers of this corpora.
ton shall be vested in and the business and
Affairs of the corporation shall be managed
By board of three directors who shall be
elected annually at a meeting of the stock.
holders TO be held on the first Monday of
Octc6er each year; the first board of direc-
tos shall serve for the first year or until
their successors are elected and qualified,
and shall consist of the following:
RhOnse ]. Guma, New Orleans, La; Joseph
". Beer, New Orleans, La, and of the above
named board Of directors, Alfred v. Beer
shall be president; Alphonse ]. Guma shall
Dc viee-president; Joseph w. Beer shall be
b 81 ballot at the Office e Of the Company p
under the supervision Of two commissioners
Q Be- appointed by the board of directors.
setice OF such meeting shall be given by
ne secretary in writing, delivered to each
tnova address at least fifteen uS days prior
. me date. of such election, but this notice
= oe waived by unanimous consent of all
ne Stockholders.
Al oil such elections and at all meetings
o. me stockholders, every stakeholder shall
entitled to one vote for each share Of
siock standing in his name on the books of
Ne corporation at the date of such election
- meeting; said votes may be cast in person
~ proxy written, and a majority of votes
sngs cast shall elect
HE failure to elect directors at the annual
-seung shall not dissolve this corporation
impair ITS management in any way, but
va directors then in Office shall remain in
euai6ed
Zach subsequent board shall elect as soon
= possible from their own number a presi-
ssnt 2 vicepresident and secretary and
- sssssurer, and may grant to each such officer
'.a power as they deem proper.
al vacancies on the board for whatsoever |
Sose mall be filled by the remaining direc- |
sns @ Any member Of the board may appoint |
~ o'ner. director his proxy to act in his /
pace ct any meeting Of The beard.
Said esrporation shall Rave the right to \
su'cnase any business or businesses within |
~ soieets and purposes of this corporation
= ~ % pay therefor such price as the board |
S. directors shall determine. The board of |
No. may make and amend all bylaws, |
T. sno regulations necessary and proper /
ae management Of this corporation.
Article vL-This act OF incorporation may
= noafhed, changed, altered or amended, |
~ 80 corporation may be dissolved with /
80 ssent OF two-thirds of the capital stock /
rss-nung at meeting of the stockholders /
49, Tor that purpose and after fifteen /
\ notice has been delivered in person /
y ~ oy letter to the last known address L
i ssSn stoekholder. The said notice may
4. .nved By the unanimous consent of ali |
stockholders.
n .s sac OF dissolution of this corporation,
r;,s;ss snan be liquidated by two COM /
I.sen elected by the stockholders.
M is sH.-No stakeholder shall ever be
e1ro.e,,:onle Tor the contracts or faults of this
uScs;s on IN any further sum than the
49, o1ianee due to the corporation on the
49, vwneu by him; nor shall any mere
tz,rsss ny have the effect of rendering this
= asv i.s ui or OF exposing any stakeholder
t1ss;3 spniiity beyond the balance due and
on ms stock subscription.
~, subscribers hereto have RESPECTIVELY
- yposite their names the amount Of I
~ seioed by them in this corpora
M 49, mai this act Of Incorporation may
& ~ - as the original subscription list
NJ - per,non, and they have stated their
- ~ s,eosahresses, all to conform to act
- = SSsue and passed at my Office in the
- - orleans, State Of Louisiana, on
uIe<~ .cuth and year FIRST hereinabove
z~nI me presence Of Messrs. Jules E. /,
ulEcs.s nxford ]. Lincoln, competent
q &ii =. Nsidents of New Orleans, La,
~ rSs o. majority, who hereunto sign
Nh. ~. WIN the said appearers and me,
ss - due reading Of the whole.
{ y1Scs, etoekholders omitted. 1,
11la jules E. Award, Rixford J.
SCOTT E. BEER, Notary Public.
sndersisned recorder of mortsases ,
1ins. ~ parish OF Orleans, State OF