The herald., 1916-08-24
CHARTER
OF "PETETlN-BAUDEAN. INC"
State q Louisiana. Parish Of Orleans. Cts
VI New Orleans

| ic2, the ore hundred and fo-uCth. before me.
| N3seT M"u"gr' notary public. duly com
lot New Orleans, and Parr-r If Orleans, and
IN nc presence 81 the witnesses hcrelDSi,e-
named and undersigned personally came and
! appeared: Miss Esther Marker, Nc,srs 7
! Henri Pctctr and /. Henry Raudean. all Of
iuii age Of majority and residents Of the city
of New Orleans, who scveraily declared HAT,
ayaIinE themselves Of the laws Of the State
ol LOUISIANA, ana particularly of the Prov
| NipHS Of Act No To- 70: the General Assembly
OF 1914. relative 10 the formation OF corpo-
ratouN, they have coyenan,ed and agreed.
ard by these presents covenant and agree.
| Tor themselves and their successors and as
| Signs. 10 form themselves into a corporation
| and body polite, for the objects and pur-
poses, and under the stpuatIons following.
| to-wit:
| Article The name and title Of this cor
porAtlon shall be "Petetin- Baudean. Inc"
| Article 1.-THE purposes and objects for
which TINS corporation Is organized, and the
| nature Of the business 20 be carried on by
II, are stated and declared TO be as follow :
The manufacturing, dealing in, buying and
| selling o! stationery supplies and printed ma
| terials; building and operating plants and
| cqulFping factories and plants with proper
| machinery and incIdentalS for the proper
conduct ot said business, and generally TO do
| and engage IN any other business, engage.
| ment or enterprise connected with or growing
| ont, or which Is germane or incidental to any
| 81 the objects and purposes hereinabove Sc.
|
Article IlI.-Thc capital stock of this cor.
poration IS hereby hNed at the sum Of FIVE
| thousand dollars (S5OOG), divided into hfty
shares OF the par value Of one hundred dol.
lars each, TO be paid FOR in cash. or its equi.
valcnt IN labor or property This co-p6ra.
ton shall be a going concern as soon as fftv
per Centum Of said capital stock shall have
! been subscribed for, and fifty per centun
Of the amount 50 subscribed actually paid for
All transfers OF stock shall be made on the
! books Of the corporation by the surrender Of
| the original certificate, properly endorsed for
cancellation by the stockholder, in whose "A.
yor said stock is issued, or by his duly au.
thorlzed agent.
None Of the stockholders shall have the
rlght 10 transfer or assign any Of the shares
held by any OF them, without first having
offered the same to the board Of directors
which shall have the night TO purchase them
for the benefit Of the corporation within five
days thereafter al their book value as shown
by the StuCktakIng last preceding the trans.
fer. All shares purchased by the corpora
ron may be reissued by it at not less than
their par value.
Article lN.-The capital stock of this cor.
pora;'on may, on complying with all requis-
ties OF the law, be increased to the sum of
twenty-five thousand dollars.
Article F.-Thc donlciIe of this corpora.
ton shall be in the city of New Orleans
state OF Louisiana, where all citations or
other legal process shall be served on the
president, or III his absence, as the law d.
reefs.
Article VI.-This corporation shall have and
ENJOY succession and duration for the period
OF nlnety-n!ne years from the date hereof
Article NII.-All corporate powers of this
corporation shall he vested in and exercised
by a board of directors. composed of three
stockholders, who shall be the bona fde own
er OF the stock standing in their names, and
rhch stock shall be unpledgcd and unen-
numbered by them; all OF which directors
snail constitute quorum for the transaction
Of business.
Until the second Tuesday Of January, 1917,
the following named persons shall constitute
the board OF directors Of this corporation, to-
Mr.. J. Henri Petetin, whose business ad.
dress is No: OF Poydras street. and who
resides at as Audubon Boulevard, both in
New Orleans; Mr.. L. Henry Baudean, whose
business address is No. 67 Poydras street
and who resides at No. PHO Esplanade Ave,
both in the city Of New Orleans; and Miss
Esther Marxen, whose business address is
No. ~ Poydras street, and who resides at No
40 Delaronde ST., both in New Orleans
Thereafter, the board of directors shall be
composed Of stockholders, who shall be elected
annually, beginning the second Tuesday in
January, 1917; any stakeholder shall be eli.
gible TO membership without regard to the
number of shares owned by him or her All
elections shall be by ballot, and each stock
holder shall be entitled TO ore vote for each
share of stock standing in his or her name on
the books OF the corporation, the vote to be
cast in person, or by proxy; il shall REQUIRE
majority of stock present, or represented
to elect. Failure 10 elect board of drec.
tors on the second Tuesday in January, 1917
or thereafter, shall not work forfeiture of
this charter, but the old board of directors
shall remain in Office until their successors
are elected and qualified.
Article VIII.-The board of directors shall
hold regular meetings at the domicilc of the
corporation, or, with the written consent of
az directors, elsewhere, within or without,
the State OF Louisiana, at such time as may
be fixed by the bylaws Of this corporation.
Any vacancy occurring in the board of
directors, either from death, resignation, or
inability to serve, shall be filled by the
board of directors at its next regular meeting
after such vacancy shall have been brought
TO its knowledge.
Article TX-The officers of this corpora.
tion shall consist of president, a vice
president, a secretary and treasurer, which
may be held by one person. Until the cleo
ing named persons shall constitute the Off
GERS of this corporations: J. Henri Petetin,
as president; L.. Henry Baudean, as vice
president; Miss Esther Marker. as secretary
treasurer.
Article X.-This corporation shall have the
following powers:
tal To invest. as it does hereby invest. |
the above named board of directors with all
corporate powers;
(b, Tt make and use common seal, and
N alter the same at pleasure;
(c) To have succession in its corporate name
for the time above specified;
(e) To acquire property by grant, lift, |
purchase. and 10 devise and beques'; 10 lease, |
hold or dispose of, and to mortgage and pledge |
the same;
% To appoint such officers and agents as |
the business of this corporation may require, |
and 10 NIX their compensation |
(g) To make bylaws, fixing or altering |
III - h. L.,
ton and government of its affairs, and the |
manner and certifcaton of stock;
(h) To wind up and dissolve itself:
ID To conduct business in this state or |
other states, the Federal district and terri |
tories, and the possessions Of the United |
States and in foreign countries;
q To hold stock in other corporations:
and the capital stock Of this corporation may
be issued for the capital stock Of other cor.
poratons.
Article XI.-This charter may be altered |
or amended in any manner, including the in |
crease or decrease Of its capital stock, and |
the Affairs of the corporation wound up and |
the corporation itself dissolved in the man
ner. and on complying with the existing
laws.
The incorporators hereof have placed oppo-
site their respective signatures the number |
of shares Ct the capital stock which have re-
spectively subscribed, which is to he taken |
and considered as the original subscription |
list Of this corporation, and which is TO be /
ccrded as such.
And the said J. Henri Petetin, in payment |
.lsss 1F uT.hE -