The herald., 1916-12-07
CHAR TER
OF HANS NJ. WANG co, INC.
tate Of Louisiana, Parish Of Orleans, CT,
Of New Orleans.

BE it known, that on this 10Th day, OF the
month Of November, IN the year OF our Lord,
nineteen hundred and sixteen, and OF the
independence Of the United States OF Amer
lea, the one hundred and torty-hrst, before
me- Edward Paul Foley, a notary pubic,
duly commissioned and qualified, IN and ior
the parish OF Orleans, State Of Louisiana,
therein residing, and IN the presence oil the
witnesses hereinafter named and under
signed personally came and appeared the
persons hereinafter subscribed, who declared
that availing themselves OF the provisions,
OF the laws OF Louisiana, relative 10 the Tor.
nation Of corporations, and particularly OF
those OF Act No. 2S7 OF the General Assem-
bly, Of lgl4 approved luly 9. 1914, they do
by these presents, for themselves, and ioT
others who may hereafter become associated
with them, form body corporate, and pol,
itic under the following s:ipulatlons and
conditions, to-wit:
Article The name Of this corporation
shall be Hans NJ. Wang Co.. Inc, and ~
period of duration shall be nlnety-nIne ts.
years, from and after this date, and u shall
have for the purposes OF the business 20 I've
carried on by II. all the POWERS conferred by
law. upon corporation. and shall generally
exercise all the powers necessary Tor the
proper carrying out OF said business.
Article 1.-THE domiSre OF this corpora
tiuu shall be in the city Of New Orleans
State ut Louisiana; and al citation or other
legal process shall be served on the preSl-
dent and IN case Of his absence. or ma
secretary treasurer, u tins corporation.
Article III.-Thc objects and purposes for
which TIN, corporation - urganized, ana the
nature Of the business 10 he carried on by
H. are hereby declared 70 be the following:
The supplying Of ships, steamboats,, ana
other vessels with groceries, wines, liquors,
oils. rope, etc, etc, IN wholesale, or retail
quantities, and generally 20 do ard perform
any and all things, incidental 70 or APP
pertaining to the snip chaudIery business.
Article IN.-The amount OF the capital
stock OF this corporation Is hereby declared,
90 he ten thousand 100000 dollars. dI-
par value Of one hundred tSlOO" dollars,
per share. Fifty per cent OF the said cap
ital stock shall be subscribed and paid Tor
before the filing OF these articles OF Incor-
The remainder of the authorized capital
stock Of this corporation shall be paid Tor,
when subscribed for, at such times as the
board OF directors shall determine; and all
stock shall be paid for in full, either IN cash,
labor done for the benefit Of the corporation.
or property, actually brought into this cor
The amount to which the capital stock OF
this corporation may be increased, is fixed
at the sum Of twenty thousand IS2,VOuO)
dollars.
No transfer Of stock shall be binding upon
this corporation unless made upon the books
Of the company. and no sale or other dis
posal OF stock, IN tins corporation, shall be
valid, unless first offered, TO the remaining
days, at price not IN access 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 StoCkhOlder, the stock may
be sold by the owner thereof, at will.
All stock acquired in this corporation shall
be subject to this provision of the charter.
Article N.-All the powers OF this corpo-
ration shall be vested in and the business
and affairs OF the said corporation, shall be
managed by a board Of three go directors,
who shall be elected annually, at meeting
OF the stockholders, TO be held, on the first
Monday of October each year; the first board
OF directors shall serve Tor the first year, or
until their successors are elected and quail
ihed, and shall consist of the following:
Hans NJ. Wang, New Orleans, La; John
Bonura, New Orleans La, and Finn Silchen-
stedt, New Orleans, La, and of the above
named board of directors, Hans NJ. Wang
shall be president; John Bonura, vice-pres
ident, and Finn Silchenstedt shall be secre-
tary-treasurer.
All elections shall be by ballot. at the Of
fee of this corporation, under the supervi-
sion Of two 2l commissioners TO be ap-
pointed by the board of directors.
Notice of such annual meeting shall be
given by the secretary, in writing, deliv.
cred to each stakeholder in person, or mailed
TO his last known address, at least fifteen
U5D days prior TO the date OF such election
All such elections and at all meetings of
the stockholders, every stakeholder shall be
entitled TO one Cd vote for each share of
stock standing in his name on the books of
this corporation, at the date OF such election
or meeting; said votes may be cast in per-
son or by written proxy, and majority OF
the votes thus cast shall elect.
The failure 10 elect directors at the annual
meeting shall not dissolve this corporation,
nor impair its management in any way, the
directors then in office shall remain in Of
hce until their successors Se elected and
qualified.
Each subsequent board shall elect as soon
as possible, from their number a president,
vice-president, and secretary-treasurer, and
ENHHh .4tT
they deem proper.
All vacancies on the board Of directors
shall be filled by the remaining directors.
Any member of the board of directors NAV
act in his place at any meeting OF the board.
This corporation shall have the right to
make and use a corporate seal, and the same
to alter, change and break at its pleasure,
10 hold, receive, purchase, hypothecate, con-
vey,. sell, lease, or pledge, real and per.
sonal property, to issue negotiable bonds and
notes or evidence OF deot; to purchase any
business or businesses within the object and
purposes of this corporation, and TO pay there
fore such price as the board Of directors
shall determine
corporation shall be signed by the president,
or in his absence, or inability to serve by
the vice-president and secretary-treasurer of
this corporation.
The board of directors of this corporation
may adopt and amend all bylaws, rules and
regulations, proper and necessary for the
management OF the corporation.
Article Nl-ThiS act of Incorporation may
be modified, changed, altered or amended
or the said corporation may be dissolved with
the assent of two-thirds of the capital stock
outstanding at a meeting of the sNckhold-
ers, specially convened for that purpose after
fifteen Q9 days notice has been delivered
IN person or given by letter TO the last
known address of each stakeholder
In case of dissolution of this corporation
Its affairs shall be liqudated by two I9 COM
missiOners, selected from among the stock
holders at special meeting of the stock
holders called after fifteen Q5 DAYS writ
ten notice delivered in person, or given by
letter to the last known address of each
stakeholder.
Said commissioners TO be chosen by ma.
Jority vote of the stock cast at said meet
ing by the owners thereof as they appear
on the books of the corporation, at the date
OF said meeting in person or by proxy, each
snare OF stock being entitled TO one %
vote.
Article VII.-No stakeholder shall ever be
held liable for the contract or fault of this
corporation in any further sum than the un-
PAID balance, due the corporation on the
shareS owned by him; nor shall any mere
iniormality have the effect Of rendering this
charter null, or OF exposing any stakeholder
to any liability beyond the balance due, and
unpaid by HIM, on his subscription to the
stock OF this corporation.
The subscribers hereto have resDect;veIv
written opposite their names s1eir mast
othce addresses, and the amount of STOCK
subscribed to and paid for by them in this
corporation, that this act Of incorporation
also as the irir Il